WEBVTT

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>> PNC BELIEVES EVERY CHILD
DESERVES THE CHANCE TO GROW UP
GREAT. THAT'S WHY WE BRING
LEARNING OPPORTUNITIES INTO THE

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COMMUNITY.
>>
PNC'S GROW UP GREAT IS A $500
MILLION, MULTI-YEAR INITIATIVE

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THAT BEGAN IN 2004 TO HELP
PREPARE CHILDREN FROM BIRTH TO
AGE 5 FOR SUCCESS IN SCHOOL AND
LIFE.

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TO DATE, PNC SAYS THE PROGRAM
HAS SERVED NEARLY 7 MILLION
CHILDREN.
WE GET MORE ON THE INITIATIVE'S

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GOALS AND HOW IT IS
REPRESENTATIVE OF EFFORTS IN THE
INDIANA BUSINESS COMMUNITY TO
SUPPORT EARLY

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LEARNING...ESPECIALLY IN THIS
BUDGET WRITING SESSION OF THE
INDIANA GENERAL ASSEMBLY FROM
PNC BANK REGIONAL PRESIDENT FOR

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CENTRAL AND SOUTHERN INDIANA
CONNIE BOND STUART AND EARLY
LEARNING INDIANA PRESIDENT AND
CHIEF EXECUTIVE OFFICER MAUREEN

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WEBER.
LADIES, THANKS FOR JOINING US.
>> THANKS FOR HAVING US.
>> MAUREEN, I'LL START WITH YOU.

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JUST, YOU KNOW, WE HAVE DONE A
NUMBER OF STORIES ON THIS SHOW,
THIS IS EARLY LEARNING, IS SUCH
AN ISSUE THAT HAS REALLY COME TO

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THE FORE IN THE BUSINESS
COMMUNITY, NOT JUST IN CENTRAL
INDIANA BUT ALL OVER THE STATE
OF INDIANA. AS YOU LOOK AT THE

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STATE OF EARLY LEARNING IN
INDIANA, HOW WOULD YOU
CHARACTERIZE IT?
>> YEAH, WELL, IT'S CERTAINLY IN

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FLUX OVER THE LAST TWELVE
MONTHS, GIVEN THE PANDEMIC. IN
THE VERY BEST OF TIMES WE
TYPICALLY TALK ABOUT THREE

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CHALLENGES THAT WE HAVE AROUND
EARLY ED, REALLY, STARTING WITH
ABILITY THE ACCESS, AND IN MANY
COMMUNITIES ACROSS THE STATE,

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IT'S A CHALLENGE STILL TO FIND A
SEAT OF EARLY LEARNING
OPPORTUNITY. THE SECOND
CHALLENGE THAT WE SEE, THIS IS

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REALLY STATE-WIDE, IS THE
ABILITY TO ENSURE THAT THOSE
SEATS ARE IN FACT HIGH QUALITY
AND DELIVERING THE SOCIAL

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EMOTIONAL, THE LITERACY AND MATH
LEARNING OUTCOMES WE REALLY
REQUIRE OF THEM. LAST, WE HAVE
OPPORTUNITIES THAT FAMILIES CAN

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AFFORD. WE KNOW THAT IT'S A
CHALLENGE FOR FAMILIES.
CERTAINLY THE PANDEMIC HAS MADE
ALL THREE OF THOSE FRONTS MORE

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CHALLENGING FOR US.
>> PNC MENTIONED EARLY LEARNING
AS A FOCUS OF THE BANK'S
PHILANTHROPY AND CONTRIBUTION TO

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COMMUNITY. YOU'VE BEEN OBVIOUSLY
A BIG LEADER HERE IN INDIANA.
WHY HAS THIS BECOME SUCH AN
IMPORTANT ISSUE IN PARTICULAR

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FOR THE BUSINESS COMMUNITY?
>> WELL, THE REASON WE GOT
INVOLVED WAS ORIGINALLY DUE TO
RESEARCH WHICH SHOWED THAT IF A

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CHILD HAD THE OPPORTUNITY TO
HIGH QUALITY EARLY CHILDHOOD
EDUCATION, THEY WERE MUCH MORE
LIKELY TO ENTER SCHOOL READY TO

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LEARN AND TO BE SUCCESSFUL
ULTIMATELY NOT ONLY IN SCHOOL
BUT IN THEIR FUTURE CAREER. AND
THAT IS PARTICULARLY TRUE OF

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DISADVANTAGED CHILDREN. IT'S
THEIR WAY OUT. AND SO WE FELT
THIS WAS AN IMPERATIVE THAT
EVERY CHILD SHOULD HAVE AN

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OPPORTUNITY FOR A FUTURE THAT'S
BRIGHT, AND SUBSEQUENTLY THE
RESEARCH HAS SHOWN THAT NOT ONLY
DOES IT BENEFIT THE CHILD, AND

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WE DID A STUDY IN INDIANA
SEVERAL YEARS AGO THAT SHOWED
THE RETURN ON INVESTMENT CAN BE
AT LEAST FOUR TIMES THE INITIAL

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INVESTMENT MADE. SO IT IS HARD
TO BEAT THAT KIND OF RETURN.
BUT, ALSO IT IMPACTS THE
FAMILIES IN A BIG WAY. THE

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PARENT KNOWS THAT THEIR CHILD IS
IN A GOOD SAFE LEARNING
ENVIRONMENT. THAT FREES UP THAT
PARENT TO GO BACK INTO THE

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WORKFORCE OR FURTHER THEIR OWN
EDUCATION SO THEY CAN BETTER
SUPPORT THEIR FAMILY. AND THIS
IS BECOMING EVEN MORE CRITICAL

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BECAUSE THE NEED IS GREAT FOR
SKILLED WORKERS. SO THIS IS JUST
A WONDERFUL SOLUTION ALL THE WAY
AROUND.

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>> CONNIE, FUNDING OBVIOUSLY IS
IMPORTANT TO THIS INITIATIVE.
YOU'LL BE GOING BACK TO THE
INDIANA STATEHOUSE IN THIS

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BUDGET WRITING SESSION. WHAT ARE
YOU GOING TO BE ASKING FOR,
WHAT'S ON THE KEY AGENDA WHEN IT
COMES TO EARLY LEARNING IN

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INDIANA AND THAT ASK OF THE
INDIANA GENERAL ASSEMBLY?
>> WELL, I'D LIKE TO START BY
FIRST THANKING ALL OF OUR

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PARTNERS IN THE COMMUNITY
BECAUSE EVERYBODY IS PITCHING IN
TO HELP ADDRESS THIS. SO THE
PRIVATE SECTOR IS CONTINUING TO

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INVEST, PNC OURSELVES THROUGH
OUR FOUNDATION THIS YEAR HAS
INVESTED MORE MONEY THAN I CAN
EVER REMEMBER IN THE STATE OF

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INDIANA NOT ONLY ON EARLY ED,
BUT ALSO OTHER COVID RELATED
ISSUES THROUGHOUT THE STATE
WE'VE INVESTED IN 2021 OVER

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$1.6 MILLION. SO, WE'VE SEEN
THAT ALSO FROM PHILANTHROPY,
LILLY ENDOWMENT, FAIR BANKS AND
OTHERS, OUR PARTNERS UNITED WAY

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AND EARLY LEARNING TO DELIVER
THE SERVICES WHERE THEY'RE MOST
NEEDED. WE NEED TO PARTNER ALSO
IN THE STATE WHICH HAS BEEN A

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FANTASTIC PARTNER HISTORICALLY.
AND SO AT A MINIMUM WE WANT TO
NOT ONLY MAINTAIN SUPPORT, BUT
WE'D LIKE TO SLIGHTLY GROW IT,

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TOO. SO, THERE ARE 18,000
CHILDREN IN POVERTY THAT WOULD
QUALIFY FOR THE STATE PRE-K
PROGRAM. HISTORICALLY WE SERVED

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MOST RECENTLY ABOUT 4100. SO
WE'RE ASKING FOR ONLY A 10%
INCREASE IN THE NUMBER OF
CHILDREN SERVED FROM 4100 TO

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4500 IN THE COMING YEAR.
>> ALL RIGHT. MAUREEN, ONLY 30
SECONDS LEFT. AS YOU LOOK AT
THIS YEAR WITH THE PANDEMIC THAT

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CONTINUES AND ALL THE OTHER
FACTORSALITY -- AT PLAY, EARLY
LEARNING STATE-WIDE IN INDIANA.
>> RIGHT, OUR CHALLENGE IS TO

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MAKE SURE WE'RE ADDRESSING THAT
IMMEDIATE NEED AND GETTING
CHILDREN ENROLLED IN HIGH
QUALITY LEARNING SETTINGS

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QUICKLY AND SAFELY AS POSSIBLE
WHILE AT THE SAME TIME PLANNING
FOR LONG-TERM FUTURE MAKING SURE
WE ARE CONNECTING WITH PARTNERS,

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PNC HAS BEEN A GREAT ONE TO US,
THINKING ABOUT HOW WE REALLY
ADDRESS THE OVERALL ISSUE OF
ACCESS QUALITY AND AFFORDABILITY

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OF EARLY LEARNING.
>> EARLY LEARNING, A BIG ISSUE
IN THE BUSINESS COMMUNITY, FRONT
CENTER OF THE INDIANA

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STATEHOUSE. MAUREEN WEBER EARLY
LEARNING INDIANA PRESIDENT AND
CEO CONNIE BOND STUART ALSO
REGIONAL PRESIDENT, CENTRAL AND