Month: May 2023

Like many of the other children born in the Singareni community in India, N. Ramesh grew up in poverty. His father was an auto driver and mother a daily wage laborer, and there was little opportunity for him to envision a future that would be any different.

An estimated 104 million people, or 9% of India’s population, live in densely populated settlements marked by substandard housing, lack of access to clean water and power and severe poverty. Children in these settlements like Ramesh routinely lack support to seek an education and, if they do, often drop out because of lack of access to basic hygiene and toilet facilities.

But Ramesh participated in the Akshaya Vidya supplementary education program for children run by Ekalavya Foundation. The program, which is supported by Viatris, provides education both to students in school and those who have dropped out through special learning centers established in their communities. The centers offer evening classes with trained tutors and provide smartphones for groups of students to facilitate continuous learning and monitoring.

With the help of Akshaya Vidya tutoring and mentoring, Ramesh achieved 100% marks in his 10th grade standard exam and exceptionally in the Joint Entrance Exam, a required exam for admission to engineering colleges, enabling him to pursue his dream of becoming a software engineer.

“The Akshaya Vidya program started with just one tutor and four children. But thanks to timely support from Viatris and other organizations, we now have more than 127 Akshaya Vidya Learning Centers with about 4,000 children in Hyderabad, Ranga Reddy, Medchal and Adilabad districts of Telangana,” said Vivek Anand, Chairman, Akshaya Vidya Foundation.

Viatris initially supported 20 centers covering approximately 600 students. But because of the success of the centers, the program was expanded to 40 centers with approximately 1,200 students. The tutors often hail from the local community to earn trust among the students and showcase local role models. The learning centers also have become safe havens that offer respite to some children and adults.

“As a global healthcare company, Viatris seeks to foster healthy communities around the world. One of the many ways we do this is by supporting education, which is especially important for the disadvantaged children in India,” said Michelle Dominica, Head of Corporate Social Responsibility and Administrative Services for Viatris in India.

Ekalavya Foundation was established in 2006, and its Akshaya Vidya project to promote education for children living in disadvantaged communities was launched in 2011. The program includes academics, extracurricular and co-curricular activities, health, hygiene, culture, nationalism and other topics with the goal of helping children develop and become a part of modern society.

Ramesh’s story was featured on the Akshaya Vidya Facebook page, and the group hopes his experience will inspire others.

Though his economic circumstances were difficult, “Ramesh’s achievement is simply stellar and shows that if human beings can persevere they can achieve any great heights with hard work,” the group wrote. “We salute Ramesh and his never say die spirit and hope many youth will get motivated to follow his example.”

DALLAS, May 9, 2023 /3BL Media/ – Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced the recipients of its first annual Honors Awards program.

Awarded through the Texas Capital Bank Foundation, which the firm launched in 2022 to expand and elevate its philanthropic giving, the program includes three grants of $50,000 each that correspond to Texas Capital Bank’s three community impact pillars of “Live,” “Learn” and “Lift.” The fourth is the STAR (Supporting our Troops, Active and Remembered) Award, a $100,000 grant awarded to an organization that provides services to military members, families and veterans.

“It is our distinct pleasure to honor these four Texas nonprofits as the first annual recipients of the Texas Capital Bank Foundation Honors Awards,” said Texas Capital Bank President and CEO Rob C. Holmes. “We launched the foundation to further serve our fellow Texans, and we look forward to seeing the good work that our commendable nonprofit partners will continue to perform across the state.”

The inaugural winners are:

Abide Women’s Health Services, a Dallas-based women’s clinic that provides access to pre- and post-natal care, childbirth education, ultrasounds and a supportive community for mothers in South Dallas, as the recipient of the “Live” Honor Award.Todos Juntos Learning Center, an Austin-based organization that bolsters children’s opportunities for the future by providing early childhood education for predominantly Spanish-speaking families as a part of a dual-generation learning model, as the recipient of the “Learn” Honor Award.St Vinnys Bistro, a San Antonio-based organization that provides hot, nutritious meals 365 days per year for people experiencing homelessness and offers job training and employment opportunities, as the recipient of the “Lift” Honor Award.SERJobs, a Houston-based organization that provides no-cost occupational training, financial literacy programs, career coaching and career services for veterans and other qualified adults and youth, as the recipient of the STAR Award.

“We cannot provide much-needed services without support from the community,” said Sheroo Mukhtiar, CEO of SERJobs. “Funding from the Texas Capital Bank Foundation will enable us to serve veterans in obtaining the skills, knowledge, tools, resources and support they need to become self-sufficient and achieve long-term financial stability for themselves and their families.”

“The Honors Awards recipients were carefully selected for their outstanding impact across our Texas communities,” said Effie Dennison, president of the Texas Capital Bank Foundation and head of Community Development and Corporate Responsibility at Texas Capital Bank. “We are honored to recognize and support their work as they address some of our communities’ greatest needs.”

For more information, visit the Texas Capital Bank Foundation webpage.

About Texas Capital Bank 
Texas Capital Bancshares, Inc. (NASDAQ: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank, a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio, and Fort Worth, and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital Bank has established commercial banking, consumer banking, investment banking and wealth management capabilities. For more information, please visit www.texascapitalbank.com. Member FDIC.

TCBI Securities, Inc., doing business as Texas Capital Securities, is a member of FINRA and SIPC and has registered with the SEC and other state securities regulators as a broker dealer. TCBI Securities, Inc. is a subsidiary of Texas Capital Bank. Securities and other investment products offered by TCBI Securities, Inc. are not FDIC insured, may lose value and are not bank guaranteed.