john sherman award for excellence in financial education
In 2003, the Treasury’s Office of Financial Education
(OFE) began presenting certificates of recognition to organizations
around the country with exemplary financial education programs.
The primary purpose is to raise awareness of effective financial
education practices, so that people in the communities served
by the programs can participate in them and so that others
interested in providing effective financial education programs
have examples on which they can model their efforts.
The existing certificate of recognition program has recently
been named the John Sherman Award for Excellence in Financial
Education in honor of the 32nd Secretary of the Treasury,
John Sherman. Secretary Sherman was a noted statesman and
Chairman of the Senate Finance Committee. Sherman served
as Secretary of the Treasury from 1877 to 1881, in the administration
of President Rutherford B. Hayes. His tenure is marked by
several important elements of public financial education,
most notably his efforts to sell government bonds to the
public rather than through a narrow group of financial institutions.
He expended great effort, with significant success, in making
Treasury debt offerings publicly available and increasing
the public understanding and awareness necessary for the
public to participate in those markets. Secretary Sherman
was also successful in his efforts to return the nation
to an anti-inflationary monetary policy. To learn more about
Secretary John Sherman, please visit the Secretaries of the Treasury website.
Eight
Elements of a Financial Education Program
Summary of Past
Recipients
Last Updated:
April 3, 2007
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