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Q&A

Discussion on NYC Kids Rise program partnership

0:36:16

ยท

100 sec

Council Member Shekar Krishnan inquires about DCWP's partnership with the NYC Kids Rise program. Commissioner Mayuga confirms that DCWP is working closely with NYC Kids Rise.

  • Commissioner Mayuga sits on the board of NYC Kids Rise
  • DCWP serves as a pass-through conduit for funds distributed to kids
  • The partnership aims to encourage families to understand and utilize the asset for their children's education
Shekar Krishnan
0:36:16
Thanks very much.
0:36:17
I think that's really important.
0:36:18
By the way, I gave my kid $10, my six year old, for a fair yesterday and he came back
Kenny Minaya
0:36:23
with a basketball poster and an iPhone pencil case.
Shekar Krishnan
0:36:25
So I think this financial education is really important for six year olds too.
0:36:30
But that's I'm glad to hear this too.
0:36:32
And also just a couple more questions.
0:36:34
Just one on a follow-up on that.
0:36:35
Is that going to be paired up in any way?
0:36:37
Are you guys working with NYC Kids Rise that Chair Menin started and created?
0:36:42
I think it's a great program.
0:36:44
It's very popular in my district and my school, which is one
Kenny Minaya
0:36:47
of the pilots for it.
0:36:48
Are you all partnering together on on in working
Shekar Krishnan
0:36:50
on that together, both programs?
Vilda Vera Mayuga
0:36:52
Thank you.
0:36:52
Yes, absolutely.
0:36:53
Thank you to Chair Menning.
0:36:55
We are I I don't know how much you know, but I do sit in the board of New York City Kids' Rise and as an ex officio boardman, so does the chancellor, and so does the premier for strategic initiatives.
0:37:05
So very much part of the city and how we work.
0:37:08
We hold a contract for New York City Kids' Rights, so we serve as a pass through conduit for the funds that they get to distribute to the kids.
0:37:17
Yes, we'll be working together.
0:37:20
As you know, they fund the accounts in kindergarten for the kids and they continue the partnership and the work throughout the years trying to encourage the families to understand this asset that they have now to further the education of the youth.
0:37:36
And so there, I know they started in one particular district and those students are now in middle school, so it's going to be sort of like a nice timing as we launch our financial educators and see the kids that are participating in the NYC Kids Race program be part of that.
0:37:54
So very much part of the conversation.
Shekar Krishnan
0:37:56
Great to hear.
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