Hudson Receives Generous Donation from Dun & Bradstreet's EdAhead® Program
Students at Hudson Elementary recently received a surprise visit — a $2,400 check donation and a sweet treat — from Dun & Bradstreet's EdAhead® Program.
Hudson Elementary wanted to set up a LEGO® League afterschool club for their fourth- and fifth-grade STEM/Robotics program. They didn’t have the resources to fund such a program themselves, so they reached out to the Strategic Partnerships and Innovations Department at the District, which matched Hudson with Dun & Bradstreet.
EdAhead® is a revolutionary program started by D&B Credibility Corp. designed to stress the importance of education for the future of America’s business success. In uniting employees and employers in activating college savings and improving local schools, EdAhead is an investment in student futures for personal success, community well being, and global prosperity.
EdAhead functions around a 529 education plan, (a tax-advantaged savings plan designed to encourage saving for future college costs), but with a few unique twists: it’s a defined contribution plan, which means employee contributions are matched by employers, to a predetermined amount. Through the EdAhead program, at the end of the year, employee contributions activate a second aggregate per office match based on the matched amount of each employee’s contribution. That per office match is then donated to the local public school system where that office operates.
Representatives from Dun & Bradstreet presented the “big” check to a multi-purpose room filled with fourth- and fifth-graders.
Hudson Principal Dr. Jeff Shores welcomed the special guests. After explaining a little bit about why they were there — that they wanted to start a LEGO afterschool club but didn’t really have enough money to do it — he introduced John Hald, Vice President of Sales for Dun & Bradstreet in Tucson.
“Dun & Bradstreet believes in education.” said Hald. “We help and encourage employees to save for education AND we want to support local schools, so the EdAhead Program basically collects money from employees who are saving for college for their kids and matches it and gives back to education by giving money to schools like yours.”
“We are here today to present Hudson Elementary School with a check for $2,400,” said Hald.
The students cheered.
Then they posed for a huge group photo with the EdAhead representatives, John Hald, Sales Leader Charles Hacker, and Senior Director of Sales Robin Serna and the big check. The students got even more excited when they heard they were getting ice cream sandwiches on top of it!
“This is the best check delivery we have ever done!” exclaimed Serna. “It’s so nice to see the kids and who is going to actually benefit from the donation.”
Dr. Shores said, “We hope to have our afterschool LEGO club set up by fall break,” and he further explained that Hudson Elementary will also use the club as a reward for their PAX Leaders through the PBIS (Positive Behavior Intervention Supports) Program, where students demonstrating positive behavior will have the opportunity to interact as buddies with special needs students in the club as well.
Dun & Bradstreet’s EdAhead was a perfect match for Hudson Elementary.
The EdAhead program is a welcome bridge between saving today for education tomorrow. And it’s not just for parents. Any employee can be a steward of a child’s educational opportunity. Dun & Bradstreet encourages any and every company to join their commitment to the importance of education to a shared future of leadership and strength.
Due to government restrictions, funds that employees contribute are after tax, but the company will be adding to the employer matched portion an additional amount to help offset these taxes. In the future, Dun & Bradstreet hopes the government will recognize the importance of programs that support our education future and make these contributions tax-exempt.
It truly is the education savings program for employees who want to make a difference — and companies that know they can.
For more information about Dun & Bradstreet’s EdAhead Program, visit http://edahead.org/about/