Instructional program launches to empower Central Indiana youth & adults with monetary information
INDIANAPOLIS, Could 19, 2022 /PRNewswire/ — OneAmerica® at present introduced a $1 million dedication to activate a uniquely tailor-made monetary literacy program in Central Indiana. In collaboration with The American Faculty of Monetary Companies, this system will supply sensible monetary understanding to construct a private relationship with finance and drive financial empowerment, with a concentrate on narrowing the racial wealth hole.
“OneAmerica Commits $1 Million Towards Monetary Literacy.” From Could 16, 2022 press convention in Indianapolis, Indiana. In photograph (L to R): Tony Mason, President and CEO, Indianapolis City League; Scott Davison, Chairman, President and CEO, OneAmerica; George Nichols III, President and CEO The American Faculty of Monetary Companies; Dr. Sean L. Huddleston, President, Martin College; and Leon Jackson, Ph.D., chancellor of Marian College’s Saint Joseph’s Faculty. Photograph credit score: OneAmerica (PRNewsfoto/OneAmerica)
The modern program, to be funded over a five-year interval, is a state-of-the-art schooling and empowerment expertise that teaches vital private finance ideas. Using The American Faculty of Monetary Companies’ e-learning design and supply philosophy and constructing upon The Faculty’s monetary wellness curriculum initially created for Traditionally Black Faculties and Universities (HBCUs), the Indiana program will develop right into a extra regional mannequin. The OneAmerica funding will now assist ship this system to schooling establishments and nonprofits in Central Indiana.
OneAmerica, The American Faculty, Martin College, Ivy Tech Neighborhood Faculty and different nonprofit organizations, together with the Indianapolis City League, will collaborate to ship the academic alternative to the Central Indiana group starting in August 2022.
“Constructing on the passion now we have seen with our OneAmerica Pathways college students to delve deeper into understanding private finance, we view this program as a chance to supply an vital monetary schooling useful resource – one that may set up a basis for financial empowerment and wealth constructing,” mentioned OneAmerica Chairman, President and CEO Scott Davison. “OneAmerica has an absolute dedication to impacts and outcomes and we’re wanting to work with native nonprofit organizations to ship a program that creates a available path to monetary schooling in Central Indiana.”
Developed by The American Faculty, the research-based program is designed to fulfill individuals the place they’re, enable for self-pacing and development with studying modules, and supply the instruments and confidence to develop sturdy monetary habits. Already working with Martin College and Ivy Tech to tailor this system, the content material will proceed to evolve to fulfill the particular wants and pursuits of Central Indiana residents.
“Monetary wellness is a private journey. The Faculty promised to construct upon the success of our program in HBCUs with the precise companions dedicated to impression and outcomes of their communities,”
mentioned The American Faculty President and CEO George Nichols III. “OneAmerica has demonstrated not solely their dedication to vital considering, however extra importantly to activating vital alternatives which open doorways with actual world software. Further companions translate to deeper impression on narrowing the racial wealth hole by means of monetary wellbeing schooling and empowerment. It is a very promising subsequent step.”
This system will probably be offered with out value to the contributors.
Dr. Sean L. Huddleston, Martin College president, and Leon Jackson, Ph.D., chancellor of Marian College’s Saint Joseph’s Faculty, in addition to a number of different group organizations joined Davison and Nichols for the announcement.
“That is a tremendous step to having the ability to create generational wealth with the communities that deserve it essentially the most,” mentioned Huddleston. “We have got a course that is a part of our core curriculum known as Scholar Success. We additionally need to ensure that our alums have a chance to benefit from this partnership and the data.”
“St. Joseph’s Faculty employs an ‘Earn and Study’ mannequin, the place every pupil is each working and pursing an affiliate diploma. This program will function a complement to our private finance course, which is a required class at St. Joseph’s, as it’s in any respect Marian Campuses,” mentioned Jackson. “This ‘Earn and Study’ mannequin employed by St. Joseph’s Faculty permits college students to earn a wage that removes the need of pupil loans, in order that they could understand a future that’s not weighed down by pupil debt. This partnership goes a protracted method to help our efforts.”
Davison has been on the forefront of great native and nationwide efforts to enhance alternatives for underserved communities. Right now’s announcement comes on the heels of the current dedication of the American Council for Life Insurers (ACLI) to Impression Investing to increase reasonably priced housing, using their substantial capital belongings for long-term bonds and investments. OneAmerica can be nearing the beginning of its fourth 12 months for its award-winning Pathways Program, introducing highschool college students from choose Indianapolis ZIP codes to the work of economic companies and profession alternatives. As a board member for the Central Indiana Company Partnership, Davison can be engaged as a committee chairman for Enterprise Fairness Indianapolis (BEI), assembly with native African American companies and group organizations to drive higher enterprise outcomes.
Nichols and Davison have collaborated to activate further alternatives to Black and brown communities. Whereas Davison served as chairman of The Faculty’s Board of Trustees, he helped help a number of new initiatives of the American Faculty, together with the launch of a Heart of Financial Empowerment and the expansion of the Convention for African American Monetary Professionals.
Nichols stays a revered and sought-after voice within the monetary companies group, as a 30-year business veteran and an outspoken driver for financial equality all through his profession, and extra lately with The American Faculty’s current initiatives and improvements.
CONTACT:
Lou Ann Baker
Director of Media and Public Relations, OneAmerica
317.513.1284
[email protected]
OneAmerica is the advertising identify for the businesses of OneAmerica.
About OneAmerica
A nationwide supplier of insurance coverage and monetary companies for greater than 140 years, the businesses of OneAmerica assist clients construct and defend their monetary futures. OneAmerica affords quite a lot of services to serve the monetary wants of their policyholders and clients. These merchandise embody retirement plan merchandise and recordkeeping companies, particular person life insurance coverage, annuities, asset-based long-term care options and worker profit plan merchandise. Merchandise are issued and underwritten by the businesses of OneAmerica and distributed by means of a nationwide community of workers, brokers, brokers and different sources who’re dedicated to offering worth to our clients. To be taught extra about our merchandise, companies and the businesses of OneAmerica, go to oneamerica.com/about-us/companies-of-OneAmerica.
About The American Faculty of Monetary Companies
The American Faculty of Monetary Companies was based in 1927 and is the nation’s largest nonprofit instructional establishment dedicated to monetary companies. Holding the very best degree of educational accreditation, The Faculty has educated one in 5 monetary advisors throughout the US and affords two graduate diploma applications, together with prestigious monetary planning designations such because the Retirement Revenue Licensed Skilled® (RICP®), Chartered Life Underwriter® (CLU®), Wealth Administration Licensed Skilled® (WMCP®), Chartered Advisor in Philanthropy® (CAP®), Chartered Particular Wants Guide® (ChSNC®), Chartered Monetary Guide® (ChFC®), and schooling resulting in the Licensed Monetary Planner™ (CFP®) certification. The Faculty’s college represents among the foremost thought leaders within the monetary companies career. Go to TheAmericanCollege.edu and join with us on LinkedIn, Fb, Twitter, Instagram and YouTube.
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