Skip to content

$10,000 Awarded to Title 1 School for Virtual Financial Literacy Education

static image

Jackson Charitable Foundation Recognizes Potter-Burns Elementary School in Pawtucket, RI as the 2020 Money Smart Kids Challenge Winner

Silver Spring, Md. (Monday, October 5, 2020) – Jackson Charitable Foundation, a nonprofit with the mission to advance financial knowledge on a national scale, today announced Potter-Burns Elementary School in Pawtucket, RI as the winner of the 4th annual Cha-ChingTM Money Smart Kids Pledge Challenge.

The Cha-Ching Money Smart Kids Challenge presents K-6 schools in the United States the opportunity to receive a $10,000 grant from Jackson Charitable Foundation to spark financial literacy education at their school, along with $1,000 designated for a philanthropic donation of the school’s choosing. Designed for elementary school educators, families, and community members to showcase their financial literacy commitments, the Challenge fosters virtual collaboration by enabling entrants to vote online daily to increase their school’s chance of winning.

“Cha-Ching unites communities around financial literacy with fun digital resources that foster virtual collaboration,” said Danielle Robinson, Executive Director, Jackson Charitable Foundation. “We are cheering for the students of Pawtucket as they learn to ‘earn, save, spend and donate’ as the winners of the 2020 Cha-Ching Money Smart Kids Challenge.”

“The 2020 Cha-Ching Money Smart Kids Challenge empowers our school with the financial literacy and technological resources needed to educate students and close the equity gap,” said Dr. Mark Andrade, Principal of Potter-Burns Elementary School. “Winning the Challenge exemplifies the power of community collaboration in coming together virtually to support Potter-Burns Elementary School and all its students in their pursuit of a secure financial future.”

To celebrate, Potter-Burns Elementary School will be hosting a virtual event for students, teachers, and community members featuring a virtual check presentation and financial literacy activity. As the contest winner, Potter-Burns Elementary School intends to use the Cha-Ching Money Smart Kids Challenge grant and donation money as follows:

– $10,000 grant: The school is purchasing laptops for students to engage with a bilingual (English/Spanish) virtual bank application that helps develop skills in budgeting and saving, set financial goals, and practice accounting.

– $1,000 donation: The students selected Pawtucket Backpackers, an organization reducing hunger among Pawtucket schoolchildren by providing supplemental food during weekends and school vacations, as the recipient of the charitable funds to underscore the importance of philanthropy.

The Cha-Ching Money Smart Kids Challenge supplements an educational partnership with Discovery Education providing no-cost digital resources for use in the anywhere classroom. Designed for educators and families to grow financial skills in K-6 students with fun and engaging videos, lessons, and activities, Cha-Ching Money Smart Kids offers millions of students the knowledge, tools, and practice they need to make informed decisions to reach their goals and dreams.

“Cha-Ching Money Smart Kids gives students the resources to think critically about earning, saving, donating, and spending money,” said Lori McFarling, President of Corporate & Community Partnerships at Discovery Education. “We are proud to partner with Jackson Charitable Foundation to provide communities across the country with innovative financial literacy tools as a pathway for lifelong success through healthy money habits.”

Cha-Ching Money Smart Kids resources and information are available at Cha-ChingUSA.org and through Discovery Education Experience’s Corporate Education Partnerships channel and the Cha-Ching Money Smart Kids channel.

For more information about Discovery Education’s digital resources and professional learning services, visit www.discoveryeducation.com, and stay connected with Discovery Education on social media through Facebook or find us on Instagram and Pinterest.

###

About Potter-Burns Elementary School
It is the mission of the Potter-Burns Learning Community to enable our students to become well-educated members of society. We, the faculty and staff, with the cooperation and support of parents and the community, will hold all our students accountable to reach high standards of academic performance and citizenship. Through high quality, effective instruction, students will learn to work cooperatively with others, become creative problem-solvers and responsible, life-long learners.

About Jackson Charitable Foundation
Jackson Charitable Foundation’s vision is for all Americans to have the strong personal finance skills that allow people to live fuller, more self-directed lives. The 501(c)(3) private operating Foundation, is the charitable-giving arm of Jackson National Life Insurance Company. The Foundation works with Jackson associates and world-class partners to provide economic opportunities that build strong communities. Follow the Jackson Charitable Foundation at jacksoncharitablefoundation.org, on Facebook at @JacksonCharitableFoundation and on Twitter at @JacksonFdn.

About Discovery Education
Discovery Education is the global leader in standards-aligned digital curriculum resources, engaging content, and professional learning for K-12 classrooms. Through its award-winning digital textbooks, multimedia resources, and the largest professional learning network of its kind, Discovery Education is transforming teaching and learning, creating immersive STEM experiences, and improving academic achievement around the globe. Discovery Education currently serves approximately 4.5 million educators and 45 million students worldwide, and its resources are accessed in over 140 countries and territories. Inspired by the global media company Discovery, Inc., Discovery Education partners with districts, states, and like-minded organizations to empower teachers with customized solutions that support the success of all learners. Explore the future of education at www.discoveryeducation.com.

Contacts
Danielle Robinson | Jackson Charitable Foundation |Danielle.Robinson@jackson.com
Grace Maliska |Discovery Education | gmaliska@discoveryed.com