Nearly 50% of high school seniors say they wish they had studied personal finance in school. Luckily, one of the world’s most successful men is helping him make it happen.
According to a news release, 498,000 predominantly black and Hispanic students attending 639 high schools across the United States will receive a one-time grant from Michael Jordan and Jordan to the nonprofit Next Generation Personal Finance (NGPF). , gives you access to Personal Finance courses. brand.
This fund supports a professional Personal Finance Specialist. This specialist will work with high school teachers to develop curricula that teach targeted financial lessons.
Tori Mansfield, senior program manager at the NGPF leading the grant initiative, said in a news release: “Students graduate with an understanding of how to maintain good credit, invest in the stock market, and prepare financially for life after high school.”
The grant will also reportedly help fund student investment clubs.
Financial Equity and Empowerment (FEE) Grant recipients participate. For students attending public schools in New York City. Philadelphia Financial Scholars, Charlotte Mecklenburg Schools; Fulton County Schools (Atlanta, Georgia); Guildford County Schools (Greensboro, North Carolina); and Detroit Public Schools Community District. These schools were chosen because of the large number of BIPOC students.
NGPF co-founder Tim Lanzetta said, “I am blown away by the generosity of Michael Jordan and the Jordan Brand. This will increase access to this essential course and build financial capacity for the next generation. will be
This grant to the NGPF was brought about by Michael Jordan and the Jordan Brand’s 10-year, $100 million Black Community Commitment (BCC). Launched in 2020, the joint commitment will foster opportunities to advance economic equity and literacy in black communities through investments centered on economic justice, education, narrative change and social justice, according to the organization. It is intended to