Charles Schwab Extends Partnership With National Youth Development Organization 4-H
New grant aims to continue bringing financial empowerment resources and education to young people across the country
Charles Schwab is extending its long-standing partnership with National 4-H Council (4-H), America's largest youth development organization that reaches nearly six million young people each year. Originally launched in 2019, the partnership has already made significant strides empowering thousands of youth across the country with essential financial literacy skills through Smart Cents, a research-backed financial literacy program for youth ages 8-18 delivered through local teachers and educators.
This new grant will build upon the existing grant work of both organizations by:
- Enhancing Smart Cents CLOVER, 4-H's national online platform and digital learning resource, with teacher and educator tools and materials to increase the number of educators using it with students.
- Creating three CLOVER activities to focus on entrepreneurship, with personal finance at the forefront.
- Providing professional development opportunities for up to 500 educators to help them improve youth financial literacy outcomes.
- Training an additional six school educators through the currently implemented financial literacy curriculum, Smart Cents Educator.
As a result of the partnership extension, the new grant will play a pivotal role in expanding youth participation in an interactive learning platform through 6 new personal finance courses, a mobile app, educator training and a national promotional effort, enabling 4-H to deliver financial literacy education directly to educators, parents and youth.
"Additional training for educators opens the door for us to reach more youth and sharpen their focus on financial literacy," says Jill Bramble, President and CEO of National 4-H Council. "Our youth survey told us 41% of teens want to learn more about managing their money. This partnership will help our educators give young people the real-world skills they need to become Beyond Ready for the future."
"At Charles Schwab, we are committed to increasing access to financial literacy across America, including across the education system," said Kristine Dixon, Managing Director, Schwab Community Affairs and Executive Director, Charles Schwab Foundation. "4-H is recognized as a driving force behind financial literacy education, and we could not be more proud to contribute to such a meaningful program."
About Charles Schwab
At Charles Schwab (NYSE:SCHW) we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients' goals with passion and integrity. More information is available at www.aboutschwab.com. Follow us on Twitter, Facebook, YouTube and LinkedIn.
About Charles Schwab Foundation
Charles Schwab Foundation is an independent nonprofit public benefit corporation, funded by The Charles Schwab Corporation and classified by the IRS as a charity under section 501(c)(3) of the Internal Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc. (member SIPC) nor its parent company, The Charles Schwab Corporation. Its mission is to educate, volunteer and advocate on behalf of those in need so that everyone has the opportunity to achieve financial well-being. More information is available at www.schwabmoneywise.com/foundation.
About 4-H
4-H is America's largest youth development organization, reaching nearly 6 million young people annually. Through research-based programs, 4-H provides young people with the skills they need to lead, succeed, and thrive in life. To join, volunteer, reconnect, or donate, visit 4-h.org.
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Danielle Boyd
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