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Posted on June 30, 2012   print  

PNC Awards $1 Million to Eastern Carolina Nonprofits

PNC Awards $1 Million to Eastern Carolina Nonprofits

PNC Financial Services Group has announced grants totaling $1 million to eight nonprofit organizations in Raleigh and Rocky Mount, North Carolina.

A portion of the funding will be used to bring PNC's multiyear, $350 million initiative, Grow Up Great, to Raleigh. Through the initiative, the Carolina Ballet, the North Carolina Museum of Art, and Wake County Public Schools will work over the next two years to create new preschool teacher-training programs and arts activities, including dance and movement; provide opportunities for preschool students and their families to visit cultural institutions; and place artists in preschool classrooms to teach and share their passion for the arts.

PNC also awarded grants in support of economic development, workforce training, and early childhood education in the Rocky Mount region. Recipients include the City of Rocky Mount, which was awarded a grant to conduct a market feasibility study and determine whether a potential downtown events center could drive traffic to and spur retail development in the region; Nash Community College (NCC), which received a grant to host a Workplace Skill-Up program offering displaced or unemployed workers in the area an opportunity to develop career readiness and workplace skills; the Turning Point Workforce Development Board, which was awarded a grant to collaborate with Edgecombe Community College and NCC to create a lab that simulates workplace settings as a backdrop for the teaching of employer-preferred skill sets to low-income and hard-to-employ citizens; and the Down East Partnership for Children, which received a grant to launch a new program, PNC Grow Up Great at the Discovery Park, featuring a natural outdoor-learning environment for children. In addition, the bank awarded a grant to Rocky Mount's Imperial Centre for the Arts and Science to launch the PNC Legacy Project honoring the bank's local history later this year.

"These grants reflect our belief that PNC will only be as strong as the communities where we conduct business," said Paula Fryland, president of the Eastern Carolinas region at the bank. "Raleigh and Rocky Mount are key to PNC's expansion in the Southeast. We continue to hire, make investments, and grow in Eastern Carolina."

“PNC Announces $1 Million to Boost Economic Development and Preschool Education in Eastern Carolina.” PNC Financial Services Group Press Release 6/26/12.

Primary Subject: Community Improvement/Development
Secondary Subject(s): Education, Arts and Culture, Elementary and Secondary Education
Location(s): North Carolina, Raleigh, Rocky Mount

FC017963



Related Links
PNC Foundation Announces $1 Million in 'Arts Alive' Grants (4/01/12)
PNC Pledges Additional $250 Million to Grow Up Great Initiative (10/06/11)
PNC Launches $12 Million Initiative to Boost Financial Education (4/23/11)
PNC Foundation Donates $1 Million for Park Education Center (10/24/10)

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