Tag Archives: Corporate Social Responsibility

Bank of America, Khan Academy Promote Better Money Habits

By Business Wirevia The Motley Fool

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Bank of America, Khan Academy Promote Better Money Habits

Partnership Makes Free Financial Education Accessible to All

CHARLOTTE, N.C.–(BUSINESS WIRE)– Bank of America and Khan Academy today announced a financial education collaboration that will provide both bank customers and non-customers alike free, self-paced, easy-to-understand resources to develop better money habits. These resources will be available on a new website, BetterMoneyHabits.com, which will incorporate educational content from Khan Academy and Bank of America and be promoted throughout Bank of America’s vast network.

Bank of America and Khan Academy recognize that no matter where you are starting from, the best way to improve long-term financial success is by changing habits slowly, step by step. The online program allows consumers to learn at their own pace, from a teaching style that is casual and commercial-free.

“At Khan Academy, our mission is to provide a free, world-class education for anyone, anywhere, and we believe that financial understanding is now an economic imperative for all,” said Sal Khan, founder, Khan Academy. “Partnering with Bank of America will help us reach a significantly larger group of people searching for unbiased information on personal finance and other topics we teach.”

The relationship is part of a broader Bank of America initiative to help people understand how to make their money work harder.

“We have heard clearly from our customers that they want to build better money habits, but often lack straightforward and accessible guidance,” said Andrew Plepler, Corporate Social Responsibility and Consumer Policy executive at Bank of America. “We approached Khan Academy because of their proven ability to translate complex topics into simple, self-paced, on-demand learning materials.”

In a style made popular by Khan, BetterMoneyHabits.com features videos that take a bite-sized, plain-language approach to simplifying complex financial topics, making the information easy to grasp and put into action. The first set of videos addresses topics such as easy ways to save, steps to get out of debt, setting and sticking to a budget, and understanding mortgages.

The Bank of America – Khan Academy partnership addresses a startling financial knowledge deficit in our nation today. According to the National Foundation for Credit Counseling (NFCC) 2013 Financial Literacy Survey, when asked to grade themselves on their knowledge of personal finance, 40 percent of respondents gave themselves a grade of C, D, or F. However, Americans demonstrated a strong desire to improve their level of financial capability, as …read more

Source: FULL ARTICLE at DailyFinance

Rutgers Institute for Ethical Leadership Awarded $2.6 million from Prudential

By Business Wirevia The Motley Fool

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Rutgers Institute for Ethical Leadership Awarded $2.6 million from Prudential

Award allows Institute to continue being a resource to region’s business, nonprofit, and academic communities

NEWARK, N.J.–(BUSINESS WIRE)– Rutgers Institute for Ethical Leadership (IEL) at Rutgers Business School has been awarded a $2.6 million donation from Prudential Financial, Inc. and The Prudential Foundation. The support allows the IEL to continue serving nonprofit organizations, students, and business leaders with programs that reinforce the importance of ethical leadership.

Last year, more than 3,000 students and business and nonprofit leaders benefited from IEL programs, events, and resources. The IEL combines academic research with practical training to strengthen current leaders and to prepare tomorrow’s leaders for the complex ethical challenges they will encounter. The IEL also continues its ongoing capacity building and training with the leaders of nonprofit organizations in Newark and the surrounding areas contributing to the health and vitality of the community.

The $2.6 million contribution includes a $850,000 three-year challenge grant from The Prudential Foundation. Each dollar of new and increased money the IEL raises will be matched by the Foundation with two dollars of support. The Prudential Foundation has made more than $1.5 million in grants to IEL since 2004 when it provided startup funding to create the Center for Nonprofit and Philanthropic Leadership at Rutgers University. IEL was created from that organization in 2008 with funding that was included in a $5 million Prudential contribution to Rutgers University.

“The Rutgers Institute for Ethical Leadership has emerged as a thought leader in values-based and ethical leadership within the nonprofit and business sectors. Their work is important in preparing the next generation to accept leadership positions of greater responsibility,” said Lata Reddy, Vice President, Corporate Social Responsibility at Prudential and President of The Prudential Foundation. “IEL is an important institution and Prudential is pleased to help it build its capacity for long-term sustainability.”

The grant will enable the IEL to continue its programs, including an annual Ethical Leadership Conference that attracts business, nonprofit, and academic leaders from across the country. This year’s conference, Ethics in Action: A Conference on Corporate Social Responsibility, will be held April 19 at the Newark Museum. The conference includes prestigious CSR leaders, a panel discussion with CSR experts, and highlights of successful social impact programs that provide valuable insight for leaders to integrate into their own CSR strategies.

“Prudential has a long-standing commitment to ethical leadership …read more
Source: FULL ARTICLE at DailyFinance

Hot Topics Recap:  March Madness 2013

By Business Wirevia The Motley Fool

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Hot Topics Recap:  March Madness 2013

NEW YORK–(BUSINESS WIRE)– The following releases focus on March Madness 2013:

AMSTERDAM & SAN FRANCISCO– AVG Technologies Offers Security Tips for March Madness Source: AVG

SAN FRANCISCO– Bracketology Goes Social as Fanhood Offers Major Updates to March Madness Betting Source: Fanhood

SAN DIEGO– The UPS Store Helps Small Businesses Score During NCAA® March Madness® Source: UPS

MINNEAPOLIS– Buffalo Wild Wings – The Official Hangout of NCAA March Madness – is Ready for Tip Off Source: Buffalo Wild Wings

MINNEAPOLIS– Buffalo Wild Wings Expands College Sports Alliance with NCAA® Sponsorship Source: Buffalo Wild Wings

NAPLES, Fla.– “The Perfect Game,” Opens in Time for March Madness Source: John Grissmer

MINNEAPOLIS– Buffalo Wild Wings Expands College Sports Alliance with NCAA® Sponsorship Source: Buffalo Wild Wings

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…read more
Source: FULL ARTICLE at DailyFinance

Capco Honors Women at International Women's Month Lunch Event

By Business Wirevia The Motley Fool

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Capco Honors Women at International Women’s Month Lunch Event

– Renowned author Carol Frohlinger to deliver keynote address

NEW YORK–(BUSINESS WIRE)– To celebrate and honor International Women’s Month, Capco, the global business and technology consultancy dedicated solely to the financial services industry, today is hosting a lunch honoring the role of women in the financial services, technology and consulting industries. The event, held at Meli Restaurant, will feature a keynote address by Carol Frohlinger, co-author of Her Place At The Table: A Woman’s Guide to Negotiating Five Key Challenges to Leadership Success and Nice Girls Just Don’t Get It.

The event will celebrate the ongoing contribution of women in the financial services and technology sectors, and focuses on how women can continue to influence and grow their roles within their organizations. In an interactive talk, Frohlinger will share her workplace experience, offering advice and examples of how to be resilient, proactive and emotionally equipped to negotiate successfully. Guests at the event include Capco consultants, clients from leading financial services firms and other market participants.

“Traditionally, consulting, technology and financial services have been male-dominated sectors, providing few opportunities for upward mobility,” said Marcia Wakeman, Partner in Capco’s Banking Practice. “Since its founding, Capco has committed itself to the internal promotion and growth of women within the firm, and this event is another great example of the dedication to this important cause held by every member of our organization.”

Capco continues to heavily invest in the development of women at the firm and the community as part of its broader commitment to Corporate Social Responsibility. Capco is a long-time supporter of Dress for Success and is hosting a firm-wide clothing drive across North America to promote economic independence for disadvantaged women. They are also involved in multiple programs designed to advance the development in Science, Technology, Engineering and Math through skill-based volunteerism in conjunction with youth organizations across the United States.

For more information on the event and Capco’s initiatives, please visit: http://www.capco.com/iwd/

About Capco

Capco is a global business and technology consultancy dedicated solely to the financial services industry. Our professionals combine innovative thinking with our unrivalled first-hand industry knowledge to offer our clients consulting expertise, complex technology and package integration, …read more
Source: FULL ARTICLE at DailyFinance

Modernizing CRS in 2013: Let Your Team Guide Your Company's Charitable Efforts

By Brent Gleeson, Contributor This article was co-authored with Donna Schwartze. In today’s workplace, people throw around the term “Corporate Social Responsibility” pretty freely without really knowing what it means. The term was coined in the 1950s, and originally was based on corporate reporting for environmental and consumer protection. Although that is still an important […]
Source: FULL ARTICLE at Forbes Latest