As the largest private employer in Richmond, Capital One is uniquely positioned to catalyze economic opportunities for individuals and small business owners in our community. Whether we are helping to create jobs or new affordable housing, teaching financial literacy or inspiring children to read, wherever we do business, Capital One is helping our community thrive.
Through an integrated program that we call “Investing for Good,” Capital One focuses our community involvement activities in four areas that are important building blocks of economic opportunity: affordable housing, small business and workforce development, financial literacy and education.
This is why we invest in partnerships with organizations like Communities In Schools of Richmond, FeedMore, J. Sargeant Reynolds and The Better Housing Coalition – the recipients of Capital One’s Investing for Good Award. In 2010, we invested more than $600,000 in these organizations to target efforts in the Greater Richmond region, and in 2011, we will announce four new Investing for Good Awardees.
Even our associates make significant investments – of their talent and time – to support the growth and prosperity of the Richmond community. In 2010, Capital One associates throughout Central Virginia volunteered locally more than 47,000 hours, teaching personal finance, building homes, mentoring at-risk youth and providing leadership guidance to nonprofits through service on more than 60 local nonprofit boards.
At Capital One, we have a long-term commitment to strengthening and adding value to the communities in which we live and work, and with the help of our local partners and talented associates, we are working to make a difference every day.