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Visionary Author Elaina Redmond Pays Tribute To Abraham Lincoln And Kicks Off Penny Movement

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2013-02-13 12:08:03 -

/ In the wake of the Newtown tragedy, cyber-bullying and the economic recession, Los Angeles-based author and visionary Elaina Redmond kicks off national Penny Movement to help rebuild America economically and spiritually.

In an age of economic recession, cyber-bullying, and tragedies such as the Newtown massacre, Los Angeles-based author and visionary Elaina Redmond kicks off the Penny Movement on Lincoln’s birthday, Feb. 12th, that bands educators, financial institutions and community leaders to teach children financial literacy, civics and good character with the mission to help rebuild America economically and spiritually.

A staunch admirer of Abraham Lincoln since childhood, Elaina Redmond has been influenced by Lincoln's character, courage and leadership and the values he displayed. As a result, she wrote the groundbreaking children's book The Power of the Penny (Spencer Publishing), which teaches children the value of saving money as well as philanthropy and building good character.

"Over the past century, our country has moved farther and farther away from what our Founding Fathers envisioned our country to be and how strength of character leads first and is not separate from money and power," says Redmond. "Lincoln symbolizes how joining power with character can change history in a positive way." The recent Lincoln movie (starring Daniel Day Lewis) gives a poignant portrayal of this leader's unshakeable moral character as he led a divided country through one of the most difficult periods of its history.

In The Power of the Penny, Redmond also uses the penny as a galvanizing symbol for individual empowerment. As quoted in her book, "The penny teaches us that no matter how big the world around us is or how small we might feel, each of us can make a difference everyday."

Redmond portrays Abraham Lincoln in her book as “the role model for kids becoming heroes in their own lives.” By teaching children the value of savings and service that Lincoln himself displayed as a human being and leader, Redmond states, "we can make big change!"

Redmond’s vision is to generate a Power of the Penny movement, for both kids and adults, a domino effect of creating awareness for the penny's symbolic worth and the strength of the individual in helping improve his/her community and country. The book is filled with fun activities that exemplify the capacity for small denominations to cause big change. “Penny Parties”, one activity outlined in the book, focus on philanthropic gatherings of small groups with large charitable goals. Two free videos, a free 35 page Penny Toolkit and other information are featured on the website at

Redmond established the Penny Program, for banks, schools, and parents to teach children about money, civics and to start savings accounts. To facilitate the Penny program and book donations Redmond has established The Power Of The Penny Foundation, a nonprofit, fiscally sponsored by the Pan American Bank Scholarship Foundation in Los Angeles. Donations to the foundation are 100% tax-deductible. The Penny Program is being formatted with The National Liberty Museum in Philadelphia as an ongoing exhibition. Schools, libraries and organizations like Popular Community Bank, Little Gym in Torrance and San Diego Library are using the Penny book/program to spread the crucial message of fiscal understanding, civic duty, and hope among today’s youth.

Help us spread the Penny Movement!
Read The Power Of The Penny book to a child or donate the book to your local school or library.

About Elaina Redmond
Elaina Redmond (author/creator) grew up in New York State and Florida. At age seven, she had an epiphany in a school library and decided to be like Abraham Lincoln. She graduated with an Economics degree from Fordham University at Lincoln Center in NYC. Elaina then embarked on a creative path, which led her to produce, direct, write and act in a short film. Soon after, she heard an inner calling and dedicated eight years to writing. During this time, she wrote a poem about Lincoln and the penny, which is how this book came to be. Elaina lives in Los Angeles and is happy to be out of the writer's cave to share her passion about Abe Lincoln with a new generation of children.

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