Northampton Community College (NCC) is supporting the economic empowerment of Black and low-and moderate-income communities through a grant from the PNC Foundation. Funding provided to NCC will support its PNC Summer Career Institute.
The PNC Foundation announced that it has committed a total of $225,000 in grants to two colleges, including NCC, over a three-year period. The focus of this initiative is to help low-and moderate-income Black students choose a family-sustaining career path, explore post-secondary options that support their chosen career field, learn how to navigate the college selection, admissions and application process, and gain the financial literacy skills and resilience that will serve them throughout adulthood.
The four-day residential college experience will provide a cohort of students with grade-level targeted career and financial literacy education each summer for three years. NCC will work with Liberty High School to recruit 24 tenth grade, lower income students to participate in a career exploration experience for three consecutive summers at NCC.
“We are excited about this new relationship with the PNC Foundation that will support NCC’s commitment to social justice and equity for our students and our community,” said Sharon Beales, executive director for Northampton Community College Foundation. “With a focus on local, Black high school students, this pilot program will help reduce the racial wealth gap by facilitating career exploration and college preparation, financial literacy knowledge, and the success mindset that are keys to building long-term personal and financial success.”
The PNC Foundation grant is part of PNC’s Community Benefits Plan announced last April, inclusive of 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 support to benefit people and communities of color, and other historically marginalized individuals and communities, beginning in 2022.
PNC is committed to addressing systemic racism, promoting social justice and advancing diversity, equity and inclusion, not just within PNC, but within the broader financial system and our communities. This matches NCC’s mission to provide excellent, accessible and comprehensive learning experiences in partnership with the dynamic, diverse communities we serve.