New Nonprofit Philadelphia Financial Scholars Will Expand Access to Financial Literacy and Entrepreneurship Education
Program founders believe financial empowerment for high school students and their families can help overcome economic barriers and combat poverty
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PHILADELPHIA, Feb. 22, 2021 /PRNewswire/ -- Today marks the launch of Philadelphia Financial Scholars, a new 501(c)(3) nonprofit that aims to help Philadelphia high school students and their families take on systemic challenges and develop wealth-building tools through access to financial literacy and entrepreneurship education.
Philadelphia Financial Scholars originated when the FS Foundation, the philanthropic arm of Philadelphia-based asset management firm FS Investments, partnered with the University of Pennsylvania's Netter Center for Community Partnerships to create a financial literacy program for high school students. Since that time, the program has expanded significantly and now includes in-class financial literacy education, after-school entrepreneurship training, a summer business accelerator program at Wharton, and a nights-and-weekends curriculum for families, caregivers and teachers. The program is currently operating in 15 schools, both public and charter, and has reached more than 1,500 students.