Media Contact: Mary Jo Rohrer | 212-421-2700 | mjrohrer@wise-ny.org
Capital One Supports W!se Institute & Financial Literacy Program
New York, NY, – Working in Support of Education (W!se) is pleased to announce it has received a generous grant from Capital One bank to support diverse, economically disadvantaged students at the W!se Institute and through the W!se Financial Literacy Certification program.
The W!se Institute is W!se’s signature college and career initiative that offers students learning opportunities from resume writing and professionalism to career exploration and work experiences. Seminars are led by well-vetted industry professionals and work experiences are structured and closely managed. Students gain access to the business world, role-models, as well as broad knowledge in green careers, the arts, humanities and STEM, thus having a strong foundation for the future.
Capital One’s support enables the delivery of 12 seminars on finance, careers in finance and personal finance at the W!se Institute in 2019-20 to economically disadvantaged students, providing them the essential knowledge, skills and experiences to achieve college and career success.
The Financial Literacy Certification program is central to W!se’s aim to strengthen and measure financial education levels. The program supports personal finance instruction in high schools in 48 states. Students can become Certified Financially Literate™ and earn W!se’s coveted CFL™ if they take and pass W!se’s Financial Literacy Certification Test. The Financial Literacy Certification program continues to impact students across America.
“Because of the W!se program, I will never forget about the importance of living within your means, budgeting and planning and considering wants vs. needs. I can now talk with my parents and other adults about money in a knowledgeable and educated way.”
–Keeshawn, Cardinal Spellman High School
Capital One’s contribution to the Financial Literacy Certification program in 2019-2020 supports the program at 1-2 public schools in Newark, NJ and supports the program at 3-4 schools on Long Island, NY. The funds will be targeting schools with a majority population of economically disadvantaged students to become Certified Financially Literate™.
“The W!se Financial Literacy program has provided students with an enriching and valuable experience in enhancing their financial literacy knowledge,” said W!se President & CEO Phyllis Frankfort Perillo.
“We are very grateful to Capital One Bank for their support in helping us reach even more students.”
About Capital One Bank
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $249.8 billion in deposits and $372.5 billion in total assets as of December 31, 2018. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels.
Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New Jersey and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.
About W!se
Working in Support of Education (w!se) is a leading educational 501(c)(3) nonprofit based in New York City with a mission to improve the lives of young people and at-risk adults through programs in 48 states that develop financial literacy and readiness for college and careers. Our initiatives target low-to-moderate income communities.
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