Intelligent CIO North America Issue 52 | Page 51

COUNTRY FOCUS : WEST COAST
About SUMA Wealth
Apple partnered with California State University Northridge ( CSUN ) to launch the Global HSI Equity Innovation Hub in 2021 as part of its Racial Equity and Justice Initiative which was created to support students , innovators and advocacy organizations that are leading the charge in creating a more inclusive , more just world .
“ Together with SUMA Wealth and with Apple ’ s support , we are creating a national model for academic and inclusive excellence that will empower students to reach their highest aspirations , benefit from social mobility , and transform their communities ,” said Dr . Erika D . Beck , CSUN President .
Alisha Johnson Wilder , Director of Apple ’ s Racial Equity and Justice Initiative , said : “ Education and economic empowerment go hand-in-hand , and we ’ re thrilled to support this important work to enhance financial literacy programming for students across the HSI community .
“ This collaboration between SUMA Wealth and California State University Northridge will ensure that more young people have access to critical tools and resources to increase financial stability as this next generation of leaders embarks on their careers .”
As the collaboration evolves , SUMA Wealth and CSUN ’ s Global HSI Equity Innovation Hub will seek to expand their efforts to include HSIs and Latino students across the country .
The impact goes beyond the students themselves – on average SUMA users are responsible for managing the finances of three or more family members . By reaching these students , this initiative will have a ripple effect , supporting up to 15 million Latinos across the country , transforming not just individual futures but entire families and communities , boosting their economic mobility .
The hub works with leaders throughout the nation to transform HSIs in order to increase student success and equip Latinx and other historically underserved students with skills to pursue careers in STEAM .
“ HSIs are uniquely positioned to authentically serve Latinx students and propel a more diverse and inclusive future workforce in STEAM and this collaboration has the potential to enhance our ability to provide students with the tools they need to succeed and disrupt inter-generational inequity ,” said Dr Amanda Quintero , CSUN ’ s HSI Equity Innovation Officer p .
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