The financial crisis in 2008 and its aftermath shed a bright light on the need for education in financial decision making. The greater Las Vegas area was one of the hardest-hit regions in the U.S.
To help this community so severely impacted by the economic downturn, in 2013 Capital One provided a $50,000 grant towards the opening of a new Goodwill Store and Rainbow Career Connections Center in Rainbow/Alta. A 2014 grant of $25,000 provides office furniture and equipment. The new store, six times the size of the original facility, has expanded Goodwill operations and has created 30 new jobs.
Capital One’s philanthropic approach includes a strong commitment to informed and wise financial decision making as a driver for economic prosperity and healthy communities. When Goodwill Industries of Southern Nevada became a Capital One partner in 2012, the nonprofit added financial literacy training to its menu of services. Two Capital One associates teach financial literacy courses to 20-30 Goodwill clients twice per month at the original Goodwill store, reaching 500-600 individuals per year. Beginning in August 2014, the courses will be taught at the new facility.
In addition to financial literacy programs, Capital One volunteers also offer their career expertise to Goodwill clients seeking jobs. Capital One volunteers spend a morning or afternoon helping clients with resumes, job applications, and interview practice several times during the year.
Goodwill Industries of Southern Nevada recognized Capital One as the Charitable Giving Partner of the Year in 2014. The partnership brings benefits to both Capital One and Goodwill; we plan on a long and fruitful partnership.
Congratulations Capital One!