PwC Charitable Foundation Inc. Donates $50,000 to Covenant Prep and Grace Academy

HARTFORD, Conn., Dec. 16, 2014 /PRNewswire/ -- PwC US today announced that its Hartford office will donate $50,000 to Covenant Preparatory School and Grace Academy funded through grants from the PwC Charitable Foundation, Inc. The grants are a part of PwC's Earn Your Future, a $160 million commitment to advance youth education and financial literacy across the US.

Covenant Prep and Grace Academy are tuition-free middle schools for underserved families and will each receive a $25,000 grant. The donations will be used for a variety of initiatives, including bolstering science, technology, engineering and math (STEM) programs, computer upgrades, laboratory improvements and professional development for teachers. PwC partners and staff plan to expand volunteer programs at both schools, engaging with students through tutoring, mentoring and teaching financial literacy lessons.

"Investing in youth education and developing future leaders in our local communities is a top priority for PwC," said Keith Hubert, office managing partner of PwC's Hartford office. "Over the past four years, PwC partners and staff have volunteered at both schools in everything from field days with the students, to painting and helping with school improvements. We're looking forward to expanding our relationship with Covenant Prep and Grace Academy through both skills-based volunteer programs and through this financial investment from the PwC Charitable Foundation."

"STEM education is critical to the future of our economy," said Matthew Fitzsimons, Head of School at Grace Academy. "The grant by the PwC Charitable Foundation is a tremendous step in helping us provide interactive, hands on learning to expose our students to STEM related careers."

"We're focused on creating multiple pathways to graduation, through a variety of learning opportunities," said Glenn Winfree, Head of School at Covenant Preparatory School. "Thanks to the generosity of the PwC Charitable Foundation, we will enhance our STEM and leadership development programs to provide students with relevant learning experiences, in and outside of the classroom."

Through PwC's Earn Your Future initiative, the firm is working to help close the educational gap by collaborating with schools and community organizations to drive improvement around financial literacy. Since its inception in June 2012, PwC's Earn Your Future has sparked scaled change and increased engagement in every PwC market across the US firm. PwC's people have made a measurable impact on more than 1.1 million students and 41,000 educators by providing educational, financial and/or developmental resources. Additionally, PwC has donated $43 million to support youth related causes over the past two years.

About The PwC Charitable Foundation, Inc.
The PwC Charitable Foundation, Inc., a section 501(c)(3) organization, makes contributions to the people of PwC in times of financial hardship, and to nonprofit organizations that support and promote education and humanitarianism.

About PwC US
PwC US helps organizations and individuals create the value they're looking for. We're a member of the PwC network of firms, which has firms in 157 countries with more than 195,000 people. We're committed to delivering quality in assurance, tax and advisory services. Find out more and tell us what matters to you by visiting us at www.pwc.com/US.

© 2014 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the US member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.

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SOURCE PwC US

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