Capital One Financial Corporation this week will kick off its 3 rd annual One Week national community service initiative, building on the company’s strong tradition of employee volunteerism. During One Week, Capital One associates will volunteer with hundreds of nonprofit organizations through more than 900 projects designed to help address economic and social needs of the communities where they live and work. To maximize impact, the company is strategically pursuing projects with, and allocating human resources to, nonprofits with which it has existing partnerships in the areas of education, financial literacy, affordable housing and economic development.
“At Capital One, community engagement and investment have always been about much more than simply writing a check,” said Carolyn Berkowitz, President, Capital One Foundation and Managing Vice President, Community Affairs, Capital One Financial Corporation. “While our associates are active volunteers all year long, One Week is a special time for us to serve together and use our collective talents to address the most pressing community needs. Our efforts as individuals and as a company are amplified by the expertise and insights of our local non-profit partners. What we’re able to accomplish in this single week is a powerful reminder of the impact we can all achieve together. “
As part of One Week, Capital One is expanding its partnership with The Heart of America Foundation®, a national nonprofit that provides children in need with the tools to read, succeed and make a difference, to support education and encourage literacy across the nation. Since 2002, Capital One and the Heart of America Foundation have together donated 1,164,312 books valued at $9.6 million to 481,209 students.
As part of its Heart of America Foundation commitment during One Week, Capital One volunteers will lead five READesign® Library Makeover projects, distribute thousands of books to children in need, and launch an online campaign, Book by Book, where consumers can vote on their favorite children’s books online for donation to students and schools in need. The READesign projects will bring associates together to transform rundown school libraries into vibrant, stimulating centers of learning for communities in need. The Book by Book online campaign will put the most beloved children’s books – as decided by Capital One associates, customers and consumers – into the hands of more children. For every “like” Capital One receives on its Investing for Good Facebook page during the campaign, the company will donate a book to a child or library in need, up to 50,000 books. To learn more about Capital One Book by Book and to vote on your favorite children’s book titles, visit www.capitalone.com/bookbybook.Capital One is also expanding its work with food banks across the country to fight hunger through an online food drive. Through a company-wide food drive kicking off during One Week, Capital One associates will aim to donate two million meals through more than 36 food banks in the U.S. and Canada.