Listen Live
Happy Student Graduating and Celebrating with Excitement vector Character

Source: nicoletaionescu / Getty

The Brilliant Futures program, launched by the Greater Washington Community Foundation in June 2024, provides savings accounts to 400 kindergarteners in two Maryland schools to help close the racial wealth gap.

Also See: 8 Black Billionaires Who Are Changing The World

The initiative supports students from kindergarten through graduation, allowing them to use the funds for college, starting a business, or home ownership. Research shows early savings accounts boost academic performance and graduation rates.

Also See: How To Tackle Finances In New Relationships

Funded by donors, the program focuses on investing in families impacted by the pandemic, with ongoing support to ensure long-term success.

Source: The DMV Daily

READ MORE:

Get Breaking News & Exclusive Content in Your Inbox: