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 Tarrytown, NY - Nnamdi Anuforo (of Sleepy Hollow) and Diana Pena (of Sleepy Hollow), members of the Boys & Girls Clubs of Northern Westchester’s Tarrytown Center, have each been awarded a $2,000 college scholarship from Charles Schwab Foundation. Anuforo and Pena were two of 20 teens chosen nationwide to receive the scholarship.
Anuforo and Pena were selected as scholarship recipients based on their successful completion of the Money Matters: Make it CountSM program and how they chose to incorporate it into their lives to achieve their short- and long-term goals. Money Matters was created by Boys & Girls Clubs of America (BGCA) and Charles Schwab Foundation to promote financial literacy among teens and is targeted especially to youth from underserved communities. Anuforo and Pena, both 18, will graduate this June. Anuforo plans to attend SUNY Albany and pursue a career in finance. Pena will attend Columbia University or SUNY Stony Brook and is interested in a medical career.
“Through the Money Matters program and these scholarships, we are aiming to help today’s teens become financially fit adults who have the knowledge and skills to succeed as adults,” said Carrie Schwab Pomerantz, president of Charles Schwab Foundation. “In fact, we’ve already seen that the program is working; teens who experience Money Matters demonstrate increased awareness and understanding of the importance of making good financial choices.”
“Since implementing the Money Matters program, our Club members are becoming skilled in a number of areas including creating a budget, using a checking account, saving for college and the basics of managing debt,” said Brian Skanes, executive director of the Boys & Girls Clubs of Northern Westchester. “We are pleased they are learning how to handle their money responsibly and to see that this program can positively change behavior.”
The Money Matters program is available to all Boys & Girls Clubs serving teens and helps members learn the basics of money management, including budgeting, wise use of credit, saving and investing. Resources include a Teen Personal Finance Guide and the Money Matters Web site – a secure site for teens. Money Matters also features the Schwab Employee Volunteer Program, which encourages Schwab employees to share their financial expertise with teen Club members and their families. To date, the Money Matters program has grown to serve over 70,000 teens and provide over 97 college scholarships.
The Boys & Girls Clubs of Northern Westchester’s Tarrytown Center is located at 105 Wildey Street, Tarrytown, NY. They can be reached at 914.586.0036 or by visiting www.bgcnw.com.
About the Boys & Girls Clubs of Northern Westchester
The Boys & Girls Clubs of Northern Westchester was established in 1939 as a place for “boys to get off the streets.” It is a non-profit organization dedicated to inspiring and enabling young people, especially those who need it most, to realize their full potential as productive, responsible, and caring citizens. The main unit in Mt. Kisco, NY is a 36,000-square-foot facility featuring an eight-lane pool, Child Care Center, gymnasium, games room, two computer labs and an additional 1,600-foot Teen Center facility. The Club has two satellite programs: a youth and teen center in the Yorktown Community Center; and a full service program at The Community Opportunity Center in Tarrytown, NY. The Boys & Girls Clubs of Northern Westchester serves 3,000 youths, boys and girls ages 6 months to 18 years, from more than 60 Northern Westchester communities. The Club has been ranked among the outstanding Clubs in the national network of Boys & Girls Clubs of America.
About Charles Schwab
The Charles Schwab Corporation (Nasdaq: SCHW) is a leading provider of financial services, with more than 300 offices and 7.1 million client brokerage accounts, 1.3 million corporate retirement plan participants, 286,000 banking accounts, and $1.4 trillion in client assets. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Schwab Institutional division. The Charles Schwab Bank, (member FDIC) provides banking and mortgage services and products. More information is available at www.schwab.com.
Charles Schwab Foundation is a private, nonprofit organization funded by the Charles Schwab Corporation. Its mission is to give back to the community by supporting employee-selected causes and fostering financial literacy through funding, involvement and expertise. More information is available at www.aboutschwab.com/community.
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