PNC Expands Early Education Program to $500 Million

PNC Expands Early Education Program to $500 Million

PNC Financial Services Group has announced a commitment of $150 million to expand its PNC Grow Up Great early education program.

Announced in conjunction with the program's fifteenth anniversary, the commitment brings PNC's support for the initiative to $500 million. In addition to increasing the funding for the program, PNC is launching a Great Big Book Drive through which customers and others are invited to donate books to the program through April 30; all donated books will be distributed to early learning organizations in PNC's forty markets.

The commitment includes a $5 million grant from the PNC Foundation to to help preschool teachers obtain high-quality resources and learning experiences for their students. In addition, through May 31, the foundation will match donations in support of pre-K and Head Start teachers' project requests on the DonorsChoose site, and will provide $25 gift cards to PNC employees that can be used to support a DonorsChoose project of their choice, while each of the bank's regional markets will receive up to $150,000 in grants from the PNC Foundation to support the specific needs of learners from birth to age 3, a variety of community-based educational experiences for families with young children, or professional learning and skills-development training for current or future early childhood educators.

The company also will double to $6,000 the amount of grant credits that each PNC employee can earn, and donate to partner organizations, through their Grow Up Great volunteerism. To date, employees' volunteering has resulted in $6.6 million in grants.

"Fifteen years in and we know the best is yet to come thanks to the support of our employees, along with the terrific collaborations we've embarked on with Fred Rogers Productions, Sesame Workshop, and National Head Start Association," said PNC Foundation president and chair Sally McCrady. "We look forward to making an even greater impact by helping more families, teachers, and others inspire the love of learning in our youngest children."

"PNC Extends Early Education Initiative to $500 Million." PNC Financial Services Group Press Release 04/04/2019.