St. Nicks Alliance providing 1,700 households tablets and internet access via Capital One grant
The Capital One Impact Initiative is a five-year commitment to support growth in underserved communities and advance socioeconomic mobility by closing gaps in equity and opportunity that was launched in October 2020. In mid-November they chose St. Nicks Alliance as one of six nonprofit organizations nationwide to receive $500K for their work addressing critical community needs in financial well-being, education, digital access, workforce development, housing and small business support as a result of the COVID-19 pandemic. St. Nicks Alliance will use this funding to provide 1,700 households affordable internet access and laptops on loan through the fall and spring school semesters.
“Capital One is proud to partner with organizations who are providing critical services and resources to meet the changing needs of their communities in the post-COVID economy,” said Andy Navarrete, Capital One Executive Vice President and Head of External Affairs. “We are deeply invested in local organizations focused on the work of financial well-being, workforce development, affordable housing, small business and digital access, and these grants underscore that commitment. We believe it is our responsibility to support these partners to bolster their resilience and allow them to continue to so ably serve their communities.”