KeyBank Foundation has donated $7,500 to the Council for Economic Education’s New York Center for Economic and Financial Education in support of K-12 financial and economic education in New York-Metro area schools.
The donation will provide professional development opportunities for New York teachers through two in-person workshops and two webinars. The Center will train 130 to 140 teachers who will, in turn, reach approximately 8,600 to 9,600 students. The teachers will receive Continuing Teacher and Leader Education (CTLE) credits for participation in these workshops.
“At KeyBank, we believe it’s never too early to introduce smart money management skills to young people, and help establish a foundation for Financial Wellness,” said KeyBank Market President Joseph Markey. “Giving teachers the skills and knowledge to bring financial literacy into the classroom is a great way to do this, and we are proud to support the initiative.”
KeyBank Foundation’s mission is to support organizations that prepare individuals such as teachers for thriving futures. This grant ties into their mission to support the workforce with the necessary skills, education and capabilities to further advance their professional careers and the futures of the children they serve.
“Currently, only 17 states require high school students to take a course in personal finance and only 20 states require high school students to take a course in economics,” said Nan J. Morrison, President and CEO, Council for Economic Education. “Even in states where requirements and standards are strong, very few teachers feel comfortable teaching financial topics. With KeyBank Foundation’s support, we are able to help close the knowledge gap.”
KeyBank Foundation, the nonprofit charitable foundation of KeyBank, serves to fulfill KeyBank’s purpose to help clients and communities thrive by providing meaningful philanthropic investments that transform lives. The Foundation’s mission is advanced through three funding priorities – neighbors, education, and workforce – and through community service.
KeyBank has 54 branch offices serving individuals, families and businesses throughout its Hudson Valley/Metro NY market.
Representatives from KeyBank will be presenting the check on May 7th at 2 pm at KeyBank’s Tarrytown, NY office.
To learn more about KeyBank Foundation’s mission, please visit: https://www.key.com/about/community/key-foundation-philanthropy-banking.jsp
Media and partnership inquiries, please contact April Somboun, Council for Economic Education, Director, Marketing & Communications, 212-730-6727.