PricewaterhouseCoopers Gives $60-Million to Financial Literacy

The consulting firm PricewaterhouseCoopers said today it will give $60-million in cash to financial-literacy programs for youths over the next five years.

The money will support nonprofits like the DonorsChoose.org, a Web site that helps teachers raise money for classroom needs; Junior Achievement; and MIND Research Institute, which seeks to improve math education. The firm is also working with Knowledge@Wharton, a program of the University of Pennyslvania’s business school, to offer seminars that train teachers in financial-literacy instruction.

As part of the effort, called Earn Your Future, the firm’s employees will also devote 1 million hours of volunteerism, worth an estimated $100-million, the company said.