PwC US Banks on Today’s Youth for our Economic Future

BOSTON, Mass., June 20, 2014 /3BL Media/ –Today, partners and staff in the Boston office of PwC US will take over a total of 150 elementary, middle school and high school classrooms, teaching financial literacy to more than 4,000 Boston-area students.

The group of nearly 700 PwC professionals will leverage the firm’s financial literacy curriculum to lead discussions on saving, investing, income, careers, resume writing and preparing for college. The curriculum was developed as part of PwC’s Earn Your Future commitment, a multi-year, $160mm commitment--comprising cash donations and service hours--to address youth education with a focus on financial literacy.

“We’re thrilled to bring the power of our Boston professionals to area schools, leveraging the strengths of our people and resources to improve the financial capability of our local youth,” said Barry Nearhos, PwC Boston office managing partner. “This particular effort is part of ongoing work we are doing in classrooms throughout the year to provide our local youth with tools they need to succeed.”

Back at PwC’s Boston office, an additional 600 PwC employees will work on projects supporting local youth-focused nonprofits. Activities will include assembling over 2,000 backpacks for the fall, sorting clothing and toy donations, and creating activity books for local hospitals. The day also serves as a celebration for the more than 450 Boston employees who received promotions.

Schools where PwC professionals will be teaching financial literacy include: Boston Renaissance Charter Public School, Eliot K-8 Innovation School, Josiah Quincy School, Mather Elementary, Ohrenberger School, Richard J. Murphy K-8 School, Tobin Elementary, West Roxbury Academy, Winship Elementary, Brookline High, Connery Elementary, Susan B Anthony Middle School, and Whelan Elementary School. Each school was also eligible to receive a $2,000 DonorsChoose.org grant from PwC to support various needs including everything from investing in new technology to purchasing new books for the school library.

In its first year, PwC's Earn Your Future commitment impacted 500,000 youth and 18,000 educators, and partners and staff contributed 150,000 volunteer service hours to youth education and development across the US. Additionally, PwC donated $12 million to support youth-related causes. For more information on the firm’s year-one impact, view PwC's Earn Your Future Year 1 in Review.

Through Earn Your Future, PwC is working to help close the educational gap by collaborating with schools and community organizations to drive improvement around financial literacy. Through this five-year multimillion dollar commitment, which aims to impact 2.5 million students and educators, PwC is leveraging its more than 39,000 people and their core skill set to improve the financial competency of our nation's youth.

About PwC US

PwC US helps organizations and individuals create the value they're looking for. We're a member of the PwC network of firms in 157 countries with more than 184,000 people. We're committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com/US. Gain customized access to our insights by downloading our thought leadership app: PwC's 365™ Advancing business thinking every day                                  

Learn more about PwC by following us online: @PwC_LLP, YouTube, LinkedIn, Facebook and Google +.

© 2014 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC US refers to the US member firm, and PwC may refer to either the PwC network of firms or the US member firm. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.

CONTACTS:       

Meghan Boudreau, PwC Northeast, (617) 530-5782, meghan.k.boudreau@us.pwc.com

Katie Stinchon, Teak Media, (617) 269-7171, kstinchon@teakmedia.com