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Fidelity’s partnership with Invest in Girls is changing lives
Post by Fidelity Investments, a sponsor of our 58th Annual Financial Literacy & Economic Education Conference.
Whether through Invest In Girls (IIG) workshops, which teach financial concepts to 10th, 11th and 12th grade girls, role model exchange which provides mentors from the finance and financial services sectors or industry exposure trips which offer experiential learning for girls, partnering with the Council for Economic Education has allowed Fidelity Investments to positively impact the lives of hundreds girls.
At Fidelity Investments we think differently about community. Our focus of helping people prepare for the lives they want to live goes beyond “one and done” volunteer activities and includes more than our customers. It is core to our commitment to financial literacy. We believe that when people have access to financial knowledge, they are more confident, can make better decisions and achieve better outcomes in their lives and the lives of their families.
We also believe in collaborating with best in class non-profits to make a difference for school-age children in the areas of education and financial literacy. Our relationship with Invest in Girls (IIG) through the Council for Economic Education (CEE), provides an opportunity to impact the future for young women both in careers in financial services and personal finances.
According to the Girl Scouts Research Institute, only 12 percent of girls feel comfortable making financial decisions making IIG’s mission to create the first generation of financially literate women and increase the numbers of women in finance critical.
Invest in Girls students visiting the Fidelity Investments offices on an industry trip.
Fidelity has been a long-time supporter and partner of the efforts to tackle the gender gap in financial literacy and the financial services industry, partnering with IIG in the Boston area since the group’s inception. In 2019 Fidelity joined CEE to introduce IIG to high school girls in Westlake, TX by hosting one day of a week-long summer camp focused on financial literacy and careers in finance.
Girls like Keyona Duncan. “I have never been a big fan of mathematics, but IIG changed that,” said Keyona. “What caught my interest the most, was actually interest. I learned that money could add upon itself—which is a good thing if you hold your money in a savings account long enough.”
Now a student at Quincy College, Keyona credits her participation in IIG with not only influencing her decision to major in accounting, but also impacting her confidence as a leader. “The fact that IIG was just for girls and taught by a woman made it a very comfortable learning environment for me. I don’t feel like I have to hold back as a female, because I’m in control of what I want to happen to me.”
The Invest in Girls program also connects Fidelity employees to meaningful volunteer opportunities in the areas of education and financial literacy.
Madeleine Mitchell volunteers throughout the school year sharing personal finance lessons and career insights, and as a member of Fidelity’s employee resource group, WLG – Women’s Leadership Group – is passionate about empowering women and girls to take control of their personal finances.
“Promoting financial literacy for women and introducing women to careers in financial services are extremely important and personal for me,” said Madeleine, director of fixed income trading and infrastructure products. “Many young women have the skills needed to excel in financial services but are not drawn to the profession because they think they won’t ‘fit in’ – a classic case of the imposter syndrome. I was one of these women in college, and it was only when I was introduced to women in financial services who would come to serve as role models for me that I started to see a path for myself in the industry. I’m passionate about helping other girls to have this same experience.”
Like Madeleine and CEE, Fidelity believes that every girl should feel financially empowered and changing the way girls think about money and careers in financial services is key in creating lasting change for the next generation. That’s why Fidelity is pleased to continue our partnership with CEE to identify additional regions to expand the IIG program.
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Fidelity Brokerage Services LLC, Member NYSE, SIPC , 900 Salem Street, Smithfield, RI 02917 Council for Economic Education is not affiliated with Fidelity Brokerage Services, member NYSE, SIPC or its affiliates.
Invest in Girls is not affiliated with Fidelity Brokerage Services, member NYSE, SIPC or its affiliates.
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RI Schools Invited to Apply for NGPF Gold Standard Challenge Grants
RI School Leaders and Educators are invited to take steps now to qualify their schools/districts for $10k-$30k in grant money through the Next Gen Personal Finance Gold Standard Challenge. See further information on the application process here: https://www.ngpf.org/goldstandardchallenge/ The Challenge grant proposal deadline is November 1.
Dr. Margaret Brooks Wins 2019 Leavey Award for Teaching BSU Economics of Innovation Course
Dr. Margaret Brooks, a professor of economics at Bridgewater State University (BSU), was recently named one of eight recipients of the 2019 Leavey Awards for Excellence in Private Enterprise Education.
Dr. Brooks, who is President of RI Council for Economic Education and serves as director of BSU’s Center for Economic Education and its Office of Financial Literacy Initiatives, was honored for developing and teaching her “Economics of Innovation” course at BSU.
The Leavey Awards, administered by the Thomas and Dorothy Leavey Foundation and Freedoms Foundation at Valley Forge, were created in 1977 to reward educators across the country who develop innovative ways of teaching students about the free enterprise system and entrepreneurship. Each winner received a $7,500 award.
In four decades, more than 600 teachers – from elementary school to college level – have received over $4 million in prize money. Previous Massachusetts Leavey Award recipients include Julie Giglia, Whitman-Hanson High (Leavey Class of 2018) and Jacqueline Prester, Mansfield High (Leavey Class of 2015).
Dr. Brooks’ “Economics of Innovation” course examined the impact of innovation on individuals, businesses, markets, and global economies. Students looked at new financial products and technology; the robot revolution in homes and workplaces; transportation advances such as drones and self-driving cars; and the growing impact of electronic devices on people’s daily lives. Students also developed their own entrepreneurial projects and presented them – all online using Flipgrid — for peer review in a Shark Tank-style competition.
Dr. Brooks, who was recently recognized by the Providence Business News at its 2019 Business Women Awards, advocates for financial literacy both on campus and in the region through her leadership as President of both the Rhode Island Council for Economic Education and the Rhode Island Jump$tart Coalition since 2014.
“I am deeply honored to receive the 2019 Leavey Award, along with seven other innovative K-16 business educators from across the country. I believe entrepreneurship and innovation are key to building and sustaining a successful economy. I am very impressed by the creative ideas and business plans developed by my BSU Economics of Innovation students. I truly hope many will follow through on their innovative projects to bring about a better future for themselves, their communities, and their world.”
This year’s Leavey Award recipients were honored at a dinner and awards ceremony on Thursday, July 18 on the campus of Freedoms Foundation at Valley Forge. While on campus, Dr. Brooks and the other Leavey Award recipients made presentations about their award-winning programs to business educators who were participating in a graduate seminar entitled “Innovative Entrepreneurs, Dynamic Economy.”
See the 2019 Leavey Awards video on YouTube: https://www.youtube.com/watch?v=4nIIftZOnrA
For more information, contact Carolyn Santangelo, senior director of chapter and partner relations, at 610-933-8825, ext. 234, or csantangelo@ffvf.org.
Announcing the 2019 RI Personal Finance Challenge and RI EconChallenge Results
The 2019 RI Personal Finance Challenge and RI EconChallenge results are in! More than 800 high school and middle school students from across the state participated in online competitions that tested their knowledge of key economic and financial concepts. Here are this year’s winners:
2019 RI Personal Finance Challenge
High School Division
• 1st Place: East Greenwich High School, Teacher: Patricia Page
• 2nd Place tie:
Cranston West High School, Teacher: Richard Abruzzini
North Kingstown High School, Teacher: Richard Garland
• 3rd Place: Dr. Jorge Alvarez High School, Teacher: Stephen Rocco
• 4th Place: Scituate High School, Teacher: Dennis Ballou
Middle School Division
• 1st Place: Archie R. Cole Middle School, Teacher: Ellise Wolff
• 2nd Place: Wickford Middle School, Teacher: Robert O’Neil
• 3rd Place: Davisville Middle School, Teacher: Eileen Murray
• 4th Place: Gilbert Stuart Middle School, Teacher: Nikhol Bentley
2019 RI EconChallenge
Adam Smith Division (Advanced Economics)
• 1st Place Tie:
Scituate High School, Teacher: Dennis Ballou
Smithfield High School, Teacher: Erica Valentine
• 2nd Place: West Warwick High School, Teacher: Marc LeBlanc
• 3rd Place: LaSalle Academy, Teacher: Michael McParlin
David Ricardo Division (Economics)
• 1st Place: North Kingstown High School, Teacher: Richard Garland
• 2nd Place: Johnston High School, Teacher: Debra Smyth
• 3rd Place: William E. Tolman High School, Teacher: Robert D’Arezzo
Milton Friedman Division (Middle School)
• 1st Place: Gilbert Stuart Middle School, Teacher: Nikhol Bentley
• 2nd Place: Archie R. Cole Middle School, Teacher: Ellise Wolff
East Greenwich High will represent RI in the Personal Finance Nationals, which will be held at the University of Nebraska Lincoln on May 10, 2019. Student team members are Matthew Tactacan (captain), Margaret Thompson, Jack Gecawich, and Kelsa Dator.
Scituate High School will represent RI in the Adam Smith division of the Econ Challenge National Semi-Finals on April 24, 2019. Student team members are Tristen Owens, Russell Gaston, Cameron Tuttle, and Alex DiCenso.
North Kingstown High School will represent RI in the David Ricardo division of the Econ Challenge National Semi-Finals on April 24, 2019. Student team members are Nathan Peters, Brandon Talbot, Conal Willkie, and Luke Gentile.
The 2019 RI Personal Finance Challenge and RI EconChallenge were organized by RI Jump$tart and RI Council for Economic Education, two non-profit organizations that are dedicated to supporting K–12 economic and financial education in the state and region.
“It’s important for all RI students to become financially literate while they are in school, said state test administrator Dr. Margaret Brooks, who is the president of RI Jump$tart and RI Council for Economic Education. “Participating in the Challenges generates interest and excitement among students for mastering economic and financial literacy concepts, which in turn positions students for lifelong success.”
Fidelity Investments sponsored the RI Personal Finance Challenge, and CFA Society Providence sponsored the RI EconChallenge. Their generous support provided all RI middle and high school students with the valuable opportunity to participate in the Challenges at no cost to themselves or their schools.
12th Annual Visionary Awards a Success!
Last Wednesday, the Council for Economic Education (CEE) held its 12th Annual Visionary Awards dinner at The Plaza Hotel in New York City. During the course of the evening, we showcased our mission, demonstrated our impact, and honored leaders who promote economic and financial literacy to create a better-informed society. Emceed by CNBC’s Senior Economics Reporter, Steve Liesman, the dinner was filled with meaningful discussion about the state of economic and financial literacy education in our country.
The three Visionary Awards recipients are: Gregory Mankiw, Robert M. Beren Professor of Economics at Harvard University; Michael A. Peterson, President and CEO of Peter G. Peterson Foundation; and Daniel H. Schulman, President and CEO of PayPal. The honorees engaged in a thought-provoking “fire-side chat”, where they discussed several economic and financial literacy issues including the future of electronic commerce, our national debt, and the debt that many families currently find themselves in.
CEE also honored three exemplary New York Metropolitan area teachers with the Alfred P. Sloan Teaching Champion Awards for their excellence in economic education. These teachers continually deliver this important content in and out of their classrooms and achieve results. This year’s winning teachers are: Doug Kramer, 12th Grade Economics, AP Economics, World History, and Government at Herricks High School; Theodore Opderbeck, 10-12th Grade AP Economics, Honors Economics, Principles of Economics and Personal Finance, US History, Criminal Procedure, and Introduction to Law at Waldwick High School; and Gabriel Tanglao, 10-11th Grade AP US History, and US History I Honors at Bergen County Technical Schools, Teterboro Campus.
The evening was a great success raising close to $600,000. Funding supports our mission, helping us to continue on the path of our digital transformation with EconEdLink; expand our reach through our National Center for Financial and Economic Education and Master Teacher Program; and support our National Economics Challenge, Personal Finance Challenge, K-5 Afterschool Program, and so many other things.
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Hands on Banking: Tools You Can Use
Wells Fargo is the Presenting Sponsor of the Council for Economic Education’s 56th Annual Financial Literacy and Economic Education Conference.
As the presenting sponsor, Wells Fargo is committed to financial education. Since 2003, thousands of Wells Fargo team members have reached nearly 4 million people through financial education outreach efforts.
One way that Wells Fargo demonstrates its commitment to financial education is through its Hands on Banking® program. Hands on Banking provides specialized resources for both individual and classroom learning. This program offers relevant and engaging content on banking, budgeting, managing credit, investing, and more. There are several resources available to explore these financial topics, including Zing, a friendly and curious green alien that helps students in grades 4 through 5 or self-paced modules for high school students.
Please visit the Hands on Banking exhibit during the conference to learn more.
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CEE Report – Fall 2017
In this issue:
- Upcoming events
- Note from Nan
- Highlights from the States
- Visionary Awards
The post CEE Report – Fall 2017 appeared first on Council for Economic Education.
Wells Fargo’s Longstanding Partnership Helps to Advance the Cause
Wells Fargo is the Presenting Sponsor of the Council for Economic Education’s 56th Annual Financial Literacy and Economic Education Conference.
CEE greatly appreciates Wells Fargo’s continuing partnership and support of our annual Financial Literacy and Economic Education Conference as well as many other programs over the past three decades.
This year, educators will have access to over 100 workshops that will prepare them to integrate personal finance and economics into their classes. One featured curriculum and program is Wells Fargo’s Hands on Banking®. Hands on Banking provides specialized resources for both individual and classroom learning, all of which are available for free in English and Spanish.
Count on Hands on Banking as a free, financial education program you can use to help students address real-life financial situations!
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Wells Fargo Prioritizes Financial Education
We’re proud to announce that Wells Fargo is the presenting sponsor of CEE’s 56th Annual Financial Literacy and Economic Education Conference, which is taking place in Brooklyn, NY, from October 6th-7th. Thanks to Wells Fargo’s support, CEE will be able to provide K-12 educators from throughout the country with outstanding conference sessions and workshops, networking opportunities, and an impressive roster of guest speakers.
Wells Fargo strives to create a world in which all individuals are financially capable and have the knowledge, skills and confidence to make informed financial decisions. This commitment to promoting financial capability and helping people succeed financially is clear and demonstrated through the free, financial education program: Hands on Banking®. Hands on Banking provides relevant and engaging resources for both individual and classroom learning, all of which are available for free in English and Spanish.
Thank you, Wells Fargo, for making our educator conference possible and for continuing to support our mission to improve financial education!
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