Family Financial Education Foundation


						Mission Statement The mission of Family Financial Education Foundation (FFEF) is to adhere to the Industry Code of Practice by providing customized education and training regarding critical money-management skills to individuals and families thus enabling them to manage their financial resources. Quality Policy Statement We are fully committed to providing quality education and training to consumers regarding critical money-management skills as a foundation for their making wise financial decisions that will culminate in becoming debt free. We are also dedicated to the continual improvement of the FFEF quality management system including employee training, education, and communication and to the realization of the highest standard of corporate excellence possible.


				A Little Background About Family Financial Education Foundation (FFEF) FFEF is a Wyoming nonprofit organization and is proud to announce that after undergoing an IRS audit in 2005, FFEF maintained its 501(c)(3) ruling. FFEF is a member of the Mountain States Better Business Bureau and the American Association of Debt Management Organizations (AADMO). Please know that we adhere to the Industry Code of Practice established by creditors and regulatory government agencies, and that we are committed to quality. Our Quality Management System complies with and is certified to the requirements of ISO 9001:2000, which is recognized as a world-class international standard for quality. FFEF is rated by Dun and Bradstreet (#93-987-2576) and has a $1,000,000 fidelity bond and numerous state-required surety bonds totaling in excess of $1,500,000. You can rest assured that your money is safe and protected. We disburse funds to thousands of creditors nationwide and employ certified counselors who are truly dedicated to helping you resolve your financial difficulties by providing the necessary education, guidance, and support for successful completion of your debt management program. Meet Our Board of Directors The FFEF Board of Directors is responsible for the operations and activities of the Foundation and is comprised of the following highly experienced individuals: William Richards Cluny, Chairman and Director William Richards (Rick) Cluny is President and Chief Executive Officer of Family Financial Education Foundation. Rick earned his degree in Business Administration from the University of Phoenix. After completing his education, Rick spent 23 years in the banking, finance, and accounting fields followed by 15 years in consumer credit counseling. He is currently an officer and member of the board of directors for several companies, including FFEF, and has been responsible for the Foundation's successful growth into a multimillion-dollar organization. Craig B. Welling, Director Craig B. Welling earned his degree from Brigham Young University with a double major in Business Finance and Marketing, and minors in Spanish and Accounting. After completing his education, he managed a family-owned car dealership for 13 years. He currently manages his own successful financial services business of 22 years and holds Series 6, 22, and 63 securities licenses and a life insurance license. Craig is a member of the Board of the Uinta County Commissioners in Wyoming and also serves on several community and government boards. John Phillips, Director John Phillips earned his undergraduate and law degrees from Brigham Young University. After completing his education, he was a managing partner at Phillips Law Offices for 14 years. He also served as Municipal Court Judge and District Court for the Third Judicial District and Uinta County Court in Uinta County, Wyoming. Currently, John is a financial advisor in Salt Lake City, Utah, providing investment advice and retirement planning to individuals, corporations, and other entities. He holds Series 7, 63, and 65 securities licenses and a life insurance license. Donald R. Frakes, Director Donald R. Frakes received his Doctor of Dental Science degree from the University of Nebraska, College of Dentistry in Lincoln, Nebraska. After completing his education in 1990, he set up a successful dental practice in Evanston, Wyoming. Donald serves on several dental association boards and is a member of the American Dental Association and the Wyoming Dental Association. Sheldon A. Smith, General Counsel Sheldon A. Smith received his law degree from Brigham Young University and his accounting degree from Weber State University. Sheldon has 20 years of experience in the corporate arena as either an attorney or CPA working for such companies as Coldwell Banker, Whetstone Technologies, and Interactive Learning Systems. As general counsel for FFEF, he is responsible for managing corporate legal matters and ensuring compliance with state and federal licensing and regulatory matters. ©2002, Family Financial Education Foundation