Founded in 2002, the Institute accomplishes its mission by working with organizations to incorporate financial education into their existing services.

The Institute for Financial Literacy is a 501(c)(3) nonprofit organization whose mission is to promote effective financial education and counseling.

As a national authority on adult financial education, the Institute advances professionalism and effectiveness in the field of financial literacy by setting the National Standards for Adult Financial Literacy Education™, hosting the Annual Conference on Financial Education™, presenting the Excellence In Financial Literacy Education (EIFLE)™ Awards, and administering financial certifications through Fincert.org®.