PNC Financial Services Foundation Commits Grants Totaling $225,000 to Northampton Community College, Johnson College
SCRANTON, January 13, 2022 – The PNC Foundation announced that it has committed a total of $225,000 in grants to Northampton Community College (NCC) and Johnson College over a three-year period.
“As the bank on Main Street, PNC is dedicated to enriching the lives of people in our local communities. Our relationship with Northampton Community College and Johnson College reflects the role PNC can play in helping to create a more inclusive economy and advance the economic empowerment of Black Americans and low- and middle-income communities,” said Pete Danchak, PNC Regional Chairman for Northeast Pennsylvania.
Funding provided to NCC, located in Bethlehem, Pennsylvania, will support its PNC Summer Career Institute. The goal of this initiative is to help low-income black students choose a career path that supports the family; explore post-secondary options that support their chosen career field; learn how to navigate the college selection, admissions, and application process; and build financial literacy skills and resilience that will serve them well into adulthood. The four-day residential college experience will provide a cohort of students with targeted career and financial literacy training each summer for three years. NCC will work with Liberty High School to recruit 24 low-income tenth graders to participate in a career exploration experience for three consecutive summers at NCC.
“We are thrilled about this new relationship with the PNC Foundation which will support NCC’s commitment to social justice and equity for our students and our community,” said Sharon Beales, Executive Director of the Northampton Community College Foundation. “With a focus on local black high school students, this pilot program will help close the racial wealth gap by facilitating career exploration and college readiness, financial literacy knowledge, and state spirit of achievement that are the keys to long-term personal and financial success.”
Johnson College’s Industry Fast Track (IFT) program is a joint partnership with area school districts. The program offers junior and senior high school students the opportunity to simultaneously enroll in high school and post-secondary courses on the Johnson College campus. Students remain enrolled full-time in their high school while taking classes at Johnson College. The College Recruitment Advisor supervises students and monitors academic progress. The funding will provide support to at least four low-to-middle income Black students through tuition, books, technology fees, personal protective equipment and necessary tools, for a period of three years .
“Our Industry Fast Track program makes a difference for students and employers by allowing skilled technicians to enter industry much faster. Now, with the PNC Foundation’s $75,000 scholarship, students will be able to do so without having to worry about the cost,” said Dr. Katie Leonard, President and CEO, Johnson College. “The PNC Foundation will help cover costs such as books, tools, and tuition, giving our Industry Fast Track students the freedom to focus on their education, which will lead to fulfilling careers.”
The PNC Foundation grant is part of PNC’s community benefits plan announced last April, including PNC’s previously announced commitment of more than $1 billion to support economic empowerment opportunities for Black Americans and low and moderate income communities. The community benefits plan will provide at least $88 billion in loans, investments and other financial supports to benefit low- and middle-income people and communities, people and communities of color and other historically marginalized people and communities , over a four-year period. from 2022.
PNC is committed to fighting systemic racism, promoting social justice and advancing diversity, equity and inclusion, not only within PNC, but within the broader financial system and our communities. This commitment is centered around PNC’s Main Street banking business model, which is focused on local decision-making and active participation in the communities served by the bank.
Northampton Community College’s core mission is to provide excellent, accessible and comprehensive learning experiences in partnership with the vibrant and diverse communities we serve.
Johnson College, founded in 1912, is the region’s only technical college. Its 18 associate degrees, four college certificate programs, and 31 continuing education courses provide hands-on, real-world learning in a supportive environment and prepare graduates to begin or advance their careers.
The PNC Foundation, which receives its primary funding from the PNC Financial Services Group (www.pnc.com), actively supports organizations that provide services to benefit the communities in which it has a significant presence. The foundation focuses its philanthropic mission on early childhood education and community and economic development, which includes arts and culture. Through Grow Up Great, its flagship cause that began in 2004, PNC created a bilingual, $500 million, multi-year initiative to help prepare children from birth to age 5 to succeed in school and in life.