Beyond Business: Principal® Provides Office Space to Pi515
16 Gennaio 2024 - 7:26PM
Business Wire
Tech-focused nonprofit finds home on the
downtown Des Moines corporate campus of Principal
Principal Financial Group® welcomes Pi515 to its global
headquarters through a lease providing the Des Moines tech-focused
nonprofit in-kind office space. Beginning today, Pi515 will operate
on the first floor of 710 9th Street on the Principal® campus.
“Principal is committed to cultivating a vibrant, thriving
campus and downtown,” said Jo Christine Miles, director, Principal®
Foundation and Principal Community Relations. “Providing space to
Pi515 as an in-kind donation is a proactive, innovative approach to
investing both in the fabric of downtown Des Moines and the future
of the broader community.”
Repurposing office space demonstrates the commitment of
Principal to expand access and adds youthful energy to the
Principal campus and downtown core. Pi515 will have a rent-free
space allowing them to focus financial resources on their mission
and provides a well-equipped space to help prepare students for a
variety of career opportunities in the emerging digital
workforce.
"As Pi515 celebrates our 10th anniversary, it's humbling to
transition into our new home. Here, we'll create even more
opportunities for young people in Des Moines to thrive, equipping
them with the skills needed for the future of work," said Nancy
Mwirotsi, founder and executive director of Pi515. "A heartfelt
thank you to Principal Financial Group - the kids and I are
incredibly excited for this new chapter."
Pi515’s relationship with Principal began in 2021 with the
creation of the Tech Mentorship Program. Through this
collaboration, Principal hosts youth twice a week, for an entire
school year in the Principal Community Learning Center on its
downtown campus to learn from Principal employees who volunteer
their time to teach the technology and professional skills
necessary to succeed in a digital workforce. Each student also
earns three college credits. Through this initiative, Principal
plays a key role in empowering refugee and underserved youth in the
Des Moines Metro while developing a talent pipeline for tomorrow’s
STEM leaders.
About Principal Financial Group
Principal Financial Group® (Nasdaq: PFG) is a global financial
company with 19,500 employees1 passionate about improving the
wealth and well-being of people and businesses. In business for
more than 140 years, we’re helping more than 61 million customers1
plan, protect, invest, and retire, while working to support the
communities where we do business, and build a diverse, inclusive
workforce. Principal® is proud to be recognized as one of the 2023
World’s Most Ethical Companies® by Ethisphere2, a member of the
Bloomberg Gender Equality Index, and a “Best Places to Work in
Money Management3.” Learn more about Principal and our commitment
to building a better future at principal.com.
1 As of September 30, 2023 2 Ethisphere, 2023 3 Pensions &
Investments, 2022
About Pi515
At Pi515, we believe in the power of opportunity to drive
student success. On April 25th, as we celebrate our 'Day of
Innovation' and a decade of innovation, we are excited to present
an AI Challenge and a pitch session from our inspiring Girls
Entrepreneurs. For 10 years, we've been committed to building a
community that empowers underserved youth with future-forward
skills. Our mission is to challenge, inspire, and teach technology
skills to students with potential - empowering refugee and
underserved youth to achieve success, garner influence, and gain
stability in their families and communities. Join us in celebrating
'A Decade of Innovation' and witness the incredible talent and
potential of our youth. For more information and to be a part of
our transformative journey, please visit www.pi515.org.
Principal®, Principal Financial Group®, and Principal and the
logomark design are registered trademarks of Principal Financial
Services, Inc., a Principal Financial Group company, in the United
States and are trademarks and service marks of Principal Financial
Services, Inc., in various countries around the world.
© 2024 Principal Financial Services, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20240116620078/en/
Megan Grandgeorge, Grandgeorge.megan@principal.com,
515-878-1146
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