HISTORY

The CABEL Foundation, Inc. was established in July 2003 by Ervin C, Owens.  With over 10 years of experience as an independent investor, Mr. Owens made a career of offering financial literacy advice to businesses and individuals.  As a firm believer in giving back to the community, he was dedicated (and continues to be dedicated) to helping underserved youth and families achieve financial literacy.

In our infancy, Mr. Owens and the CABEL Board networked within the financial community to gain advisory support in program development as well as capacity building.  As a 2004 graduate of the Mayor’s Office of Partnership & Grant Development’s Strengthening Partners Initiative, he has worked diligently with schools, teen & recreations centers, as well District officials and area financial institutions to bring financial literacy programs to area youth.  Mr. Owens was awarded the Hometown Hero award by WETA in 2005, honoring his tireless efforts in helping underserved youth.  In 2005, CABEL received our first grant -- $10,000 from the Escheated Estates. 

After the addition of our Development Officer in 2007, CABEL re-examined its strategy and programs.  As a result, we have re-defined our strategy as well as tweaked and expanded our programs to meet the challenges and needs of our youth and adult participants.

CABEL has conducted Financial Literacy classes/work shops at H.D. Woodson Senior High School, Academy of Business & Finance (H.D. Woodson Senior High School), Anacostia Senior High School, Duke Ellington School for the Performing Arts, Perry School Community Services Center, Inc., SAIL (Students, Arts in Learning) School, Youth Services Center (all in Washington, D.C.), Bethesda Chevy Chase High School, Julius West Middle School, Piney Branch Elementary School and Winston Churchill High School (all in Montgomery County, MD) as well as area recreation centers, libraries, housing complexes and community events.

   

MISSION STATEMENT

The CABEL (Communities Always Bring Extra Love) Foundation, Inc. is committed to helping underserved youth & families appreciate & understand the importance of saving and investing in their future.

Our mission is to expose, educate & encourage youth & families through Financial Literacy Work Shops/Seminars, Entrepreneurship as well as Life & Work Skills Work Shops.

VISION STATEMENT

We believe that laying a foundation of Financial Literacy education, responsible consumerism & behavior as well as supplemental educational/job & life skills training will encourage youth & families to make better choices that will allow them to grow & develop into confident, self-reliant members in the communities.

BOARD OF DIRECTORS
    
David Giulieri, Chair       
Sr. Vice President, CitiCorp Smith Barney

John Holt, Treasurer  
FOUNDER/CFO, Prometheus

Henry Holman, Secretary
Retired Entrepreneur

Ervin C. Owens
Founder/CEO, CABEL Foundation

   

ADVISORY COUNCIL

Aaron Brachman
Sr. Investment Executive
Perris, Baker & Watts, Inc.

John P. Fitzgerald
Patent Examiner
U.S. Patent Office Agency

Keith J. Harrison
Sr. Partner
Cromwell & Moring

Corey V. Poole
Director, Youth Development
Perry School Community Services Center, Inc.

Neil Rodgers
Committee Clerk, Libraries, Parks and Recreation
Council Member Harry Thomas, Jr., Ward 5

Peter Thompson
Financial Advisor
CitiGroup Smith Barney

STAFF   

Management
Ervin C. Owens       
CEO/Founder

Staff
Volunteers


INSTRUCTORS

Aaron Brachman, Sr. Investment Executive; Perris, Baker & Watts, Inc.
John Holt, Founder/CFO; The Prometheus Company
Ervin C. Owens, Founder/CEO; CABEL
Peter Thompson, Financial Advisor; CitiGroup Smith Barney