Boys & Girls Clubs of America and Charles Schwab Foundation Extend Make Change Count Pledge Through October 2011

Pledge Asks Teens to Commit to Four Simple Steps to Begin a Lifetime of Financial Health and Well-Being

Wednesday, April 27, 2011 7:00 am PDT

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SAN FRANCISCO

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"This pledge is important not only because it encourages teens to commit to four very simple steps that can help them get on the path to lifelong financial well-being, but it also encourages them to urge the people in their lives to make positive changes"

SAN FRANCISCO--(BUSINESS WIRE)--Boys & Girls Clubs of America and Charles Schwab Foundation have announced they are extending the Make Change Count pledge campaign, designed to help teens get on the path to a brighter financial future and encourage their friends and family to do that same. Over 8,200 teens have already taken the pledge, which launched in October 2010. The pledge extends the message of the successful Money Matters: Make it CountSM personal finance program, funded by Charles Schwab Foundation and available through all 2,900 Boys & Girls Clubs that serve teens. The pledge campaign will conclude on October 31, 2011.

“This pledge is important not only because it encourages teens to commit to four very simple steps that can help them get on the path to lifelong financial well-being, but it also encourages them to urge the people in their lives to make positive changes,” said Carrie Schwab-Pomerantz, president of Charles Schwab Foundation.

The Make Change Count pledge is available at www.makechangecount.com. By taking the Pledge, teens commit to 1) saving money, 2) spending wisely, 3) planning for college and 4) sharing what they know with their family and friends.

Along with the pledge itself, the website provides learning resources for next steps, with links to valuable tools such as savings calculators, budgeting plans, financial aid information and interactive games.

About Money Matters: Make It Count

Funded by Charles Schwab Foundation, Boys & Girls Clubs of America’s Money Matters program is designed to promote money management skills among teens, ages 13-18. The program consists of fun, interactive activities and exercises on topics such as using a checking account, managing debt, saving for college and learning the basics of investing. The program is targeted primarily at teens from underserved communities.

More than 245,000 youth at 1,600 teen Boys & Girls Clubs across the U.S. have participated in Money Matters since the program’s launch in mid-2004. In addition, since 2004, Charles Schwab Foundation has presented a total of $390,000 in college scholarship grants to 187 Boys & Girls Club teens, ages 16-18, who demonstrated exceptional financial skills from their newly acquired knowledge of personal finance.

About Boys & Girls Clubs of America

For more than 100 years, Boys & Girls Clubs of America (www.bgca.org) has changed and saved lives, enabling young people to achieve great futures as productive, caring, responsible citizens. Today, some 4,000 Boys & Girls Clubs serve some 4 million children and teens through Club membership and community outreach. Clubs are located in neighborhoods throughout the country and on U.S. military installations worldwide, providing a wide variety of youth development programs conducted by trained, professional staff. Key programs emphasize academic success, good character and citizenship, and healthy lifestyles. In a Harris Survey of alumni, 57 percent said the Club saved their lives. National headquarters are located in Atlanta.

About Charles Schwab Foundation

Charles Schwab Foundation is a private, nonprofit organization funded by The Charles Schwab Corporation. Its mission is to educate, volunteer and advocate on behalf of those in need so that everyone has the opportunity to achieve financial well-being. More information is available at www.aboutschwab.com/community.

By clicking on the BGCA.org link or the makechangecount.com link, you will be taken to a website that is not affiliated with The Charles Schwab Corporation. The Charles Schwab Corporation is not responsible for, nor has any control over the content on those websites.

Charles Schwab Foundation and Boys & Girls Clubs of America are unaffiliated entities. (0411-2774)

Contact:

Charles Schwab
Sarah Bulgatz, 415-667-0328
sarah.bulgatz@schwab.com
or
Boys & Girls Clubs of America
Adam Guy, 404-487-5916
aguy@bgca.org

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