Springboard Receives $15,000 Grant from Bank of America

Women’s Financial Literacy and Job Readiness Initiative Will Benefit


Riverside, Calif. – (November 13, 2012) – Springboard Nonprofit Consumer Credit Management, Inc., (Springboard) is pleased to announce that it is the recipient of a $15,000 educational grant from the Bank of America Charitable Foundation. The grant will be used to support P.E.A.R.L.S., Springboard’s financial literacy education series geared towards women.  P.E.A.R.L.S. stands for Preserving, Earning and Acquiring Real Life Skills and consists of a series of workshops covering basic budgeting, using credit wisely and preparing for life’s stages.


The P.E.A.R.L.S. program also includes a job readiness initiative designed to help women enhance their skills or prepare to re-enter the workforce. The grant will sponsor workshops and one-on-one counseling and mock interview sessions with volunteers from Bank of America who will lead coaching sessions on job readiness skills for the unemployed or underemployed.  Springboard is a 501(c)(3) nonprofit community service organization that works to strengthen communities and improve the lives of consumers by offering services that promote financial literacy, stable homeownership and a healthy economy.


“We’re very happy to receive this grant from Bank of America,” said Melinda Opperman, Springboard’s senior vice president. “The grant will help further Springboard’s mission to deliver personal finance education on the full spectrum of credit and money management issues,” said Opperman.


“Ensuring people have the right skills to get back to work and, in turn, support the economic recovery is a critical focus for us right now,” said Al Argüello, Inland Empire market president, Bank of America. “Our investments in workforce development programs, such as those provided by Springboard, will help thousands of people get access to the skills they need to obtain high quality jobs that will fuel economic recovery both locally and nationally.   “Springboard, with its long-standing history of providing quality financial education and counseling to consumers here in the Inland Empire and nationwide, is a great partner for this important focus.”


The majority of participants in Springboard’s financial education and financial wellness programs are individuals and families from low and moderate income households. Springboard’s team of certified consumer credit educators provide face-to-face workshops on a wide range of money matters, including budgeting, using credit wisely and identity theft awareness and prevention.  In 2011, Springboard’s certified consumer credit educators conducted more than 400 financial literacy workshops and educated more than 6,000 consumers.


Springboard is accredited by the Council on Accreditation, certified by the U.S. Department of Housing and Urban Development as a comprehensive housing counseling agency, is a member of the Association of Independent Consumer Credit Counseling Agencies and recognized by the National Foundation for Consumer Credit Counseling.

SPRINGBOARD® Nonprofit Consumer Credit Management is a 501(c)(3) nonprofit personal financial education and counseling organization founded in 1974 with the mission of improving the financial wellbeing of individuals and families. Springboard is a U.S. Department of Housing and Urban Development approved housing counseling agency and a member of the Financial Counseling Association of America and the National Foundation for Credit Counseling; the nation’s longest serving nonprofit financial counseling organization. Springboard is also a proud member of the Hope Now Alliance, a cooperative effort between the U.S. government and mortgage market participants to help struggling homeowners. Springboard offers personal financial education and assistance in credit counseling, housing counseling, reverse mortgage, debt and money management, pre-bankruptcy counseling and debtor education through educational programs and confidential coaching. Springboard is accredited by the Council on Accreditation, signifying the highest standards for agency governance, fiscal integrity, counselor certification and service delivery policies. Counseling is available by telephone nationwide or in-person at office locations in California, Arizona, New Mexico, Texas, Massachusetts, South Carolina and Florida. For more information on Springboard, please call 800-449-9818 or visit their website at www.Springboard.org.

Springboard - Promoting Financial Literacy since 1974.