Charles Schwab (NYSE:SCHW) 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 eight-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.
Says CEO Jill Bramble, “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.”
SCHW shares shed $1.18, or 1.6%, to to $74.97.