U.S. Bank Donates $50,000 to California Council on Economic Education Initiative to Combat Racial Economic Inequality
|For Release: Tuesday, October 27, 2020
Press Contact: Lexie Nguyen; email@example.com; (562)-533-3621
Los Angeles, October 27, 2020 – The California Council on Economic Education (CCEE) received a donation in the amount of $50,000 from U.S. Bank Foundation to support its Black, Indigenous, People of Color (BIPOC) Opportunity Project.
The BIPOC Opportunity Project aims to combat racial inequality by increasing financial education programmingin K-12 Title 1 schools, cultivating a BIPOC teachers’ pipeline for its educator certification program, and expanding the Never Too Young program that primarily serves low-to-moderate income students. The project will also increase the number of BIPOC students and teachers competing in CCEE’s student contests, such as the National Economics Challenge.
“We are at a critical crossroads when it comes to the economic outlook for millions of Californians,” said Denise Gutierrez, CCEE President and CEO. “The pandemic, it’s financial fallout, and racial inequities have made it clear that this falls disproportionately upon BIPOC. This generous $50,000 donation from U.S. Bank will allow CCEE to continue doing the work necessary to close opportunity and achievement gaps through economic education and empowerment.”
“The BIPOC Opportunity Project is an important initiative focused on creating access to even more students to learn the fundamentals of economic and personal finance education,” said Jill McCullough, vice president, community affairs manager at U.S. Bank. “It has never been more important for our students to learn these significant life skills and we’re proud to work with CCEE to bring that education to all students, especially those in underserved communities.”
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