$75,000 in grants to Wake Education Partnership fund  early childhood literacy efforts and ‘Building Leaders’ Initiative

PNC has provided Wake Education Partnership with two grants, totaling $75,000, to help fund the local non-profit organization’s Building Leaders initiative and early childhood literacy efforts.One grant of $30,000 will focus on improving early childhood literacy skills in Wake County through community outreach events and other efforts to bring together various literacy groups that focus on early childhood reading skills. The initial work of the grant will focus on eastern Wake County with details to be announced in the coming months.

An additional grant of $45,000 will support the Partnership’s Building Leaders initiative which includes programs such as Teacher Leadership Grants, an annual Education Summit, the annual Pieces of Gold student arts performance, In Context news summaries, Excellence in Action school visits and other efforts that support Wake County’s schools.

As part of this grant, PNC will sponsor the Partnership’s 30th anniversary celebration in late spring.

“PNC’s support of Wake Education Partnership provides additional opportunities for local children to have access to the programs that will help prepare them to succeed in school and in life,” said Paula Fryland, PNC regional president of Eastern Carolinas.

“With this investment, PNC is taking a leadership role in shaping the future of our community’s public schools and joins a very special group of organizations that we salute as Cornerstone Investors,” said Partnership President Steve Parrott. “Major investments such as this one help sustain our organization as we work to advance student achievement in Wake County on behalf of the business community.”

About the PNC Foundation

The PNC Foundation, which receives its principal funding from The PNC Financial Services Group (NYSE: PNC), actively supports organizations that provide services for the benefit of communities in which it has a significant presence. The foundation focuses its philanthropic mission on early childhood education and community and economic development, which includes the arts and culture. Through Grow Up Great, its signature cause that began in 2004, PNC has created a $350 million, multi-year initiative to help prepare children from birth to age 5 for success in school and life.

About Wake Education Partnership

Wake Education Partnership plays a critical role in helping business leaders, elected officials and educators work toward the common goal of increasing student performance measured against world-class standards. Through its Building Leaders initiative, the work of the Partnership is funded exclusively by investments from the business community and from individuals who want to help children excel in the classroom and succeed in life.

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