A recent donation by the JPMorgan Chase & Co. will support peer mentors for FLAMES, as well as critical equipment for the Welding and Machining Programs.
The TMCC Foundation is pleased to announce a generous grant from JPMorgan Chase & Co. which will support critical equipment needs for Welding and Machining programs at the William N. Pennington Applied Technology Center, and peer mentors for FLAMES (Financial Literacy and Money Education by Students).
TMCC received an invitation to apply within two of JPMorgan Chase’s priority areas that closely mirror program strengths at TMCC: Workforce Readiness and Financial Capability. JPMorgan Chase & Co. funding will support students beginning in January 2019, through the 2019–2020 academic year and echo TMCC’s Dean of Technical Sciences, Kyle Dalpe’s, sentiment, “We are very appreciative of donors like JPMorgan Chase, who invest in higher education and support our mission to support not only academic success while in school, but ongoing success as students graduate and enter the workforce.”
Workforce Readiness
At the William N. Pennington Applied Technology Center, workforce readiness is at the heart of every program. Students pursue courses of study in a variety of programs with the potential to lead to employment in high-wage, high-demand, technology based fields and industries.
As a leader in applied technology workforce development, providing students with the latest in technology is crucial to building a skilled workforce trained in the latest technology and equipment to meet the high-level expectations of industries in our region. According to Dr. Dalpe, “The TMCC Technical Sciences Division plans to use the funds to add equipment in several disciplines, including machining and welding, to ensure students experience the latest technology.”
Financial Capability
Studies indicate the earlier an individual is exposed to money management principles, the better their ability to save, invest, and build wealth during their peak work years. The FLAMES program seeks to alleviate challenges for students by enhancing their financial skills through in-class presentations, workshops, and one-on-one peer mentor advisement. Through these strategies, middle school, high school, and traditional and non-traditional college age students gain an increased understanding about personal money management, saving for goals, living on a budget, managing credit card debt and student loans, and gain an active awareness about money issues.
Shari Mathiesen, FLAMES Director, expressed her gratitude for this contribution. “This generous grant will enable us to fund two peer mentors who will support the work of FLAMES in providing students with high level financial education to help them make good financial decisions in the future.”
JP Morgan Chase & Co.
The mission of JPMorgan Chase & Co. is to enable more people to contribute to and share in the rewards of a growing economy. The company believes that reducing inequality and creating widely-shared prosperity requires collaboration of business, government, nonprofit and other civic organizations, particularly in the cities and metropolitan regions that power economic growth.
In 2017, JPMorgan Chase & Co. gave nearly $250 million to nonprofit organizations across the U.S. and in 40 countries around the world, and has committed to invest $1.75 billion by 2023.
To learn more about supporting programs at TMCC, please contact Stefanie Givens, Development Officer, at 775-673-8262.