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SOURCE 2U, Inc.
2U's Charitable Initiative Reaffirms its Mission to Support Education Around the World
LANDOVER, Md., June 30, 2014 /PRNewswire/ -- 2U, Inc. (NASDAQ: TWOU), a leading provider of cloud-based software-as-a-service solutions for leading nonprofit colleges and universities to deliver high-quality education to qualified students anywhere, today announced a new charitable initiative with Pencils of Promise (PoP), a for-purpose nonprofit organization that has built more than 200 schools for children across Africa, Asia and Latin America. Through the initiative, 2U and its employees will raise funds to bring life-changing education to children in Guatemala by supporting PoP's efforts to build schools, train teachers and provide scholarships.
"At 2U, we believe meaningful education outcomes can be achieved anywhere," said Chip Paucek, CEO and co-founder of 2U. "After meeting Adam Braun and learning about Pencils of Promise, I've been so impressed by the work they're doing to ensure that educational opportunities are available to communities throughout the world. I'm so happy that 2U and our employees will support this vital cause, making access to education a reality for children in Guatemala."
"Our Pencils of Promise partners are more like family. Joining together with Chip and 2U was especially exciting to me, as we share a fundamental mission to provide educational opportunities for students around the world, whether they be children in Guatemala or graduate students in the Middle East," said Adam Braun, founder of Pencils of Promise. "We couldn't be more pleased to have the 2U family join us as we work to serve more students than ever before."
2U will send a group of employees to Guatemala to join in the construction of PoP schools sponsored by 2U. 2U employees around the globe will participate in the initiative, representing offices in Landover, Md.; New York; Los Angeles; Chapel Hill, N.C.; and Hong Kong.
About 2U, Inc. (NASDAQ: TWOU)
Founded in 2008 by a team of education and technology veterans, 2U enables leading colleges and universities to deliver their high-quality education to qualified students anywhere. Our cloud-based software-as-a-service platform provides schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support and graduate their students. Our mission is to enable the education our clients provide to reach its highest potential so students can reach theirs. To learn more, go to 2U.com.
About Pencils of Promise:
Pencils of Promise ("PoP") is a nonprofit organization founded in 2008 to increase access to quality education for children in the developing world. PoP works with communities across the globe to build schools and create programs that provide education opportunities for children, no matter where they were born, or what resources they have. PoP has broken ground on over 200 schools throughout Laos, Nicaragua, Guatemala, and Ghana, and has established itself as a leader amongst the innovative global nonprofits working toward sustainable social change. For more information, please visit www.pencilsofpromise.org, like us at www.facebook.com/pencilsofpromise, or follow us at @PencilsOfPromis
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