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New York Life Foundation awards grant to the National Academy Foundation

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Public high schools in Alabama, Connecticut, Kentucky, Maryland, New York, Nevada and Oklahoma will be utilizing a $250,000 grant from the New York Life Foundation over two years, to support strategic growth through the National Academy Foundation.

The New York Life Foundation, the charitable arm of New York Life Insurance Company, has partnered with the National Academy Foundation and their Academies of Finance (AOF) program that works to place “schools within schools” in public high schools across the country.

The AOF program takes high school students who are heading towards academic failure and offers them a curriculum tailored to the financial services sector by availing them to classes that cover banking and credit, financial planning, international finance, securities, insurance, accounting and economics. The courses are also buttressed with work-based learning experiences.

“The New York Life Foundation has been supporting the National Academy Foundation’s AOFs since 2008 and we are pleased to continue this partnership by supporting their plans to build best practices throughout the system and introduce up to 3,000 underserved youth to the world of financial services,” said Chris Park, president of the New York Life Foundation.”