May 04, 2011
Manhattan campus was the setting for the 2nd Annual Corporate
Social Responsibility Council Networking Reception on April 28,
sponsored by the Peter J. Tobin College of Business. Denis M.
Hughes, President of the New York State AFL-CIO, served as guest
speaker along with a special appearance from Thomas P. DiNapoli,
New York State Comptroller, to officially announce the partnership
between St. John’s University and the Teaching Financial Education
Group for a planned National Center for Financial Literacy.
Several St. John’s students "stole the show" in speaking to the
100-plus guests who had gathered for the event made up of bank,
corporate, government, labor and education leaders in support of
the project. The students alluded to their personal struggles in
accumulating major debt as they try to obtain their college
degrees. They eloquently spoke of their experiences with the
overseas Global Studies program, as well as the Tobin College of
Business Management Society and GLOBE (Global Loan Opportunities
for Budding Entrepreneurs). GLOBE stress the importance of
financial literacy and how it can help in combating poverty through
the use of Microloans.
"It is critical that young people, from childhood on to adult
life, become aware of how to handle money. And it is just as
critical, therefore, that we develop standards for the teaching of
financial literacy," said Jerrold Ross, Dean of St. John’s
University’s School of Education. "But the standards must be so
that they do not overburden our teachers, with the goal being to
find a way to utilize materials to educate children from first
grade through college to explain the process and ultimately lead to
John’s Corporate Social Responsibility Council is designed to
address the educational, environmental and social needs of various
stakeholders. These include corporations, community groups,
business leaders, consumers, not-for-profits, and everyday
"This goal is to create a National Center for Financial
Literacy. This is made possible because of the willingness of bank
executives, government and labor officials, corporate benefactors
and higher education administrators who are willing to all sit at
the same table and discuss solutions for financial literacy that
has recently been brought to light in our society," said Jonelle
Bradshaw de Hernandez, Director of Corporate and Foundation
Relations at St. John’s University.
of financial literacy and capability addresses the crisis that has
impacted our communities locally, nationally and internationally
which aligns with St. John’s University’s mission of helping the
underserved. In that spirit of education, the Center would begin
the process with young children K-16.
Nia Rock, CRA and Foundation Division Manager at
Sovereign/Santander Bank, and member of St. John’s University
Corporate Social Responsibility Council, has been on board with the
project from day one and stressed the significance of this historic
endeavor. "This (the Center for Financial Literacy) is a crucial
step in helping to ensure a secure financial future for the next
generation," said Rock.
For more information contact Jonelle Bradshaw de Hernandez,
Director of Corporate and Foundation Relations, St. John’s
University at 718-990-7596 or e-mail inquiries to firstname.lastname@example.org.
Interested media can contact Dominic Scianna, Assistant Vice
President for Media Relations at 718-990-6185 or e-mail inquiries