Funding to support programming dedicated to improving economic and financial literacy among local youth
MENOMONEE FALLS, Wis.–(BUSINESS WIRE)–Kohl’s (NYSE: KSS) today announced a donation of $1 million, over three years, to Junior Achievement of Wisconsin (JA) to provide more than 70,000 students in Southeastern Wisconsin with economic and financial literacy education at the JA Kohl’s Education Center. The funding will support the continuation of JA Capstone programming through JA BizTown® and JA Finance Park®.
“Kohl’s is honored to continue our partnership with Junior Achievement of Wisconsin to help local students discover, learn and grow their business and financial knowledge through experiential learning,” said Jen Johnson, Kohl’s senior vice president, corporate communications. “Through JA Kohl’s Education Center, youth gain invaluable skills that will help them to plan for their futures and empower them as our next generation of business leaders.”’
Ninety percent of the students who participate in JA Capstone programming attend schools from the metro-Milwaukee area, including Milwaukee, Ozaukee, Washington and Waukesha counties. Students attending schools within a 90-mile service range of the facility can also participate. The students range from 4th-6th grade for JA BizTown and 7th-12th grade for JA Finance Park.
“We are deeply appreciative of Kohl’s continued partnership,” said Michael Frohna, Junior Achievement of Wisconsin’s president. “This funding will help ensure Wisconsin students develop the confidence, competence and character required to be effective employees, savvy consumers and wise financial managers that contribute to the vitality of our community for years to come.”
An initial $3 million commitment from Kohl’s Cares in 2009 allowed JA to build the JA Kohl’s Education Center and provide Milwaukee’s students with additional business, financial literacy and entrepreneurship education. Since then, Kohl’s and Kohl’s Cares© have committed nearly $7 million to Junior Achievement of Wisconsin. Through the Kohl’s Cares cause merchandise program, children’s books and plush toys are sold throughout the year with 100 percent of the net profit benefiting charitable initiatives nationwide.
For more information on Kohl’s commitment to family health and wellness, visit Corporate.Kohls.com.
Kohl’s (NYSE: KSS) is a leading omnichannel retailer with more than 1,100 stores in 49 states. With a commitment to inspiring and empowering families to lead fulfilled lives, Kohl’s offers amazing national and exclusive brands, incredible savings and an easy shopping experience in our stores, online at Kohls.com and on Kohl’s mobile app. Since its founding, Kohl’s has given more than $700 million to support communities nationwide, with a focus on family health and wellness. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com or follow @KohlsNews on Twitter.
About Junior Achievement of Wisconsin
Junior Achievement of Wisconsin is dedicated to educating students about work readiness, entrepreneurship and financial literacy through experiential, hands-on programs. The organization prepares young people for the real world, showing them how to generate wealth and effectively manage it, create jobs which make their communities more robust, and apply entrepreneurial thinking to the workplace. Over 160,000 students in the state of Wisconsin put these lessons into action every year and learn the value of contributing to their communities. To become involved, please visit Wisconsin.ja.org or call (414) 577-3800.
About JA BizTown: JA BizTown combines in-class learning with a day-long visit to a simulated town. This popular program allows elementary school students in grades 4, 5 and 6 to operate banks, manage restaurants, write checks, and vote for mayor. The program helps students connect the dots between what they learn in school and the real world.
About JA Finance Park: JA Finance Park is a month-long program that introduces students in grades 7-12 to personal financial planning and career exploration. At the culmination of this teacher-led program, students visit JA Finance Park, a realistic on-site or virtual community, to put into practice what they’ve learned by developing and committing to a personal budget.