MOUNTAIN VIEW, Calif., November 22, 2022–(BUSINESS WIRE)–Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks and Mailchimp, in conjunction with the Suh Family Foundation, co-founded by Ndamukong and Katya Suh , today announced a partnership to bring financial education to high school students in some of the nation’s largest school districts in Dallas, Los Angeles and Oakland.
The program follows a successful pilot project serving Portland public school students through a partnership with Self Enhancement, Inc., where Intuit and the Suh Family Foundation provided workshops and staff training to deliver a personal finance education to students. Through the expansion of the program, Intuit will provide teachers with a financial literacy curriculum and skill-building resources, giving students across the country a stronger financial foundation.
In all classrooms, there is a growing need to teach personal finance skills. Greater financial literacy tends to translate into better financial well-being – yet 28% of adults say they have never participated in a financial education program.1 Those with a better understanding of personal finance topics are more likely to spend less than their income, have emergency funds, and take steps to plan for their long-term financial future.2
Intuit will combine its expertise on essential personal finance topics, including taxes, savings and budgeting, with the Suh Family Foundation’s expertise in wealth building, credit management and investing.
“Intuit believes that every student should have the opportunity to thrive, regardless of zip code. Our partnership with the Suh Family Foundation helps us expand our personal finance program into Intuit’s Prosperity Hub school districts,” said David Zasada, vice president of corporate responsibility at Intuit. “Our goal is to instill confidence in teachers teaching basic financial topics and to help build student confidence as they bring this financial education to the real world after graduation.”
The Suh Family Foundation provides individuals and communities with resources on three pillars that have clearly been critical to Suh’s success: education, health and wellness, and empowerment. Now, with Intuit, programming is designed to empower and prepare students for their financial future as they develop smarter financial habits around budgeting, taxes, maintaining credit, and understanding debt.
“Financial literacy education is a pillar of the Suh Family Foundation because a solid understanding of finances is key to personal success,” said Ndamukong and Katya Suh, co-founders of the Family Foundation. Suh. “We are thrilled to partner with Intuit, a company that shares our commitment to fostering individual growth and prosperity throughout an individual’s lifetime, and it starts with a foundation in topics such as investing, wealth building and credit management at a young age.”
To begin, Intuit and the Suh Family Foundation will provide hands-on workshops, resources, and ongoing support to select schools in Intuit’s Prosperity Hub school district program, including the Los Angeles Unified School District (LAUSD), the district Inglewood Unified School District and Compton Unified School District. in the Los Angeles area, Oakland Unified School District (OUSD) in the San Francisco Bay Area and Dallas Independent School District (DISD) in Dallas, Texas.
For teachers living outside of school districts where live workshops will be available, Intuit has made its financial literacy curriculum available free to the public at: www.intuit.com/financialbasics
About Intuit
Intuit is the global financial technology platform that powers the prosperity of the people and communities we serve. With over 100 million customers worldwide using TurboTax, Credit Karma, QuickBooks and Mailchimp, we believe everyone should have the opportunity to thrive. We never stop working to find new and innovative ways to make this possible. Please visit us for the latest information about Intuit, our products and services, and find us at social.
About the Suh Family Foundation
Founded by Ndamukong and Katya Suh, the Suh Family Foundation works hand-in-hand with communities to provide resources across three pillars that have been critical to Suh’s success: education, health and wellness, and education. empowerment. The Foundation is a non-profit family organization. For more information about the Foundation and participation opportunities, please visit https://www.ndamukongsuh.com/philanthropy.
1 https://gflec.org/wp-content/uploads/2022/04/TIAA-Institute-GFLEC-2022-Personal-Finance-P-Fin-Index.pdf?x47464
2 https://www.finra.org/investors/insights/finra-foundation-national-financial-capability-study
See the source version on businesswire.com: https://www.businesswire.com/news/home/20221122005333/en/
contacts
Intuitive
Keri Danielski
press-inquiries@intuit.com
Suh Family Foundation
Cat Chloe
suh@hstrategies.com
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