We at the JACOR Foundation are thrilled to share the news of our recent partnership with Exchange Bank, a collaboration that marks a significant step forward in our mission to enhance financial literacy among youth. This alliance with Exchange Bank, a respected financial institution, aligns perfectly with our commitment to educate and empower the next generation with crucial financial skills.
Statistics show a concerning trend: 27% of American adults would struggle to cover an unexpected expense of $400, either having to sell something or borrow money. This highlights the pressing need for financial literacy education to prepare individuals for such unforeseen challenges.
Our initiatives, including a summer camp planned for June 2024, are designed to provide young people with practical and engaging financial education experiences. The summer camp, along with other programs, aims to equip students with the knowledge and tools they need for financial stability and independence.
We are immensely grateful to Exchange Bank and Chairman Jonathan Pitts for their support and for establishing a fund that will help jumpstart the financial empowerment journey for many students. This partnership is a testament to the power of collaboration in making a tangible difference in the lives of young people.
For more information about our initiatives and the upcoming summer camp, please visit our website.
A special thank you to Exchange Bank and Jonathan for their commitment to this vital cause. Together, we are building a foundation for a financially literate and empowered generation.