$500,000 ACT Grant Awarded to Fund Newport News Public Schools' New Teacher Institute Program

Rhea-AI Summary

Four major companies - BayPort Foundation, Ferguson, Newport News Shipbuilding, and Virginia Natural Gas - have awarded a $500,000 ACT Grant to the Newport News Education Foundation to support the Newport News Public Schools New Teacher Institute (NTI) program. The three-year step-down grant will help build a workforce pipeline by expanding first and second-year teacher programs, providing credentialing assistance, and investing in Career and Technical Education and ESL teachers.

The grant aims to ensure continued support for the NTI program as ESSER (Elementary and Secondary School Emergency Relief) funds expire. The recipient was selected from 21 nonprofit applicants based on their ability to address specific needs, financial investment soundness, and innovative project sustainability.

Positive

• Secured $500,000 in funding for education development
• Partnership with multiple major corporations demonstrates strong community support
• Three-year structured program ensures sustained investment

Negative

• None.

Four leading companies partner in support of education and workforce development mission

NEWPORT NEWS, Va., Dec. 11, 2024 /PRNewswire/ -- Today, the BayPort Foundation, Ferguson, Newport News Shipbuilding, a division of HII, and Virginia Natural Gas announced that the Newport News Education Foundation has been awarded the $500,000 Accelerating Change Together (ACT) Grant to support the Newport News Public Schools (NNPS) New Teacher Institute (NTI) program. The ACT Grant extends the four companies' existing charitable giving and social impact efforts to its education and workforce development mission.

The three-year, $500,000 step-down grant will provide the funding necessary for NTI to answer the regional call to build a workforce pipeline to expand its new first—and second-year teacher programs. It will also fund the development of a model program, provide credentialing assistance, and invest in Career and Technical Education and English as a Second Language teachers.

The ACT Grant will assist the Newport News Education Foundation in raising funding to guarantee support for the NTI program. The expiration of the Elementary and Secondary School Emergency Relief (ESSER) funds could have several consequences as districts look to trim expenses and consolidate operations. ESSER was a one-time emergency relief program designed to support K-12 schools in response to the COVID-19 pandemic. 

Twenty-one nonprofits submitted an ACT Grant application. The Contributions Committee selected the Newport News Education Foundation application based on its ability to address the specific needs outlined in the ACT Grant application, including a sound financial investment and an original, innovative, and sustainable project plan to impact a target population/community. 

The ACT Grant initiative launched in 2022, and the first recipient was the Virginia Beach Education Foundation and Virginia Beach City Public Schools (VBCPS), new two-year, half-day Advanced Technology Center Renewable Energy Technologies program.

For additional information on the ACT Grant, please visit actgrant.org.

B-roll of the NNPS NTI program facility and check presentation is available upon request.

About BayPort Foundation
BayPort Foundation is the charitable arm of BayPort Credit Union, headquartered in Newport News, Virginia and was established to extend the credit union's philosophy of "people helping people." The Foundation is an extension of the credit union's charitable giving. BayPort Credit Union commits more than half a million dollars in annual corporate donations and pays all the Foundation's overhead to ensure that 100% of the Foundation donations support its mission. For more information, visit bayportfoundation.org.

About Ferguson
Ferguson (NYSE: FERG; LSE: FERG) is the largest value-added distributor serving the specialized professional in our $340B residential and non-residential North American construction market. We help make our customers' complex projects simple, successful and sustainable by providing expertise and a wide range of products and services from plumbing, HVAC, appliances and lighting to PVF, water and wastewater solutions and more. Headquartered in Newport News, Va., Ferguson has sales of $29.6 billion (FY'24) and approximately 35,000 associates in nearly 1,800 locations. For more information, please visit corporate.ferguson.com.

About HII
HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong. For more information, please visit hii.com.

About Virginia Natural Gas
Virginia Natural Gas is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). Virginia Natural Gas provides natural gas service to nearly 300,000 customers in southeast Virginia. Named a Top Workplace in 2024, Virginia Natural Gas also has been recognized as one of the safest, most reliable and customer-focused natural gas service providers and is consistently ranked in the top quartile for customer satisfaction by J.D. Power and Associates. For more information, visit virginianaturalgas.com. 

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SOURCE BayPort Credit Union

FAQ

What is the value and duration of the ACT Grant awarded to Newport News Education Foundation?

The ACT Grant is a three-year, $500,000 step-down grant awarded to support the Newport News Public Schools New Teacher Institute program.

How many organizations applied for the ACT Grant?

Twenty-one nonprofits submitted applications for the ACT Grant.

Which companies partnered to provide the ACT Grant funding?

BayPort Foundation, Ferguson, Newport News Shipbuilding (a division of HII), and Virginia Natural Gas (a subsidiary of Southern Company (NYSE: SO)) partnered to provide the grant funding.

What specific programs will the ACT Grant fund at Newport News Public Schools?

The grant will fund the expansion of first and second-year teacher programs, provide credentialing assistance, and invest in Career and Technical Education and English as a Second Language teachers.