PNC Foundation Gives $250K To Mount St. Mary’s

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Mount St. Mary's Maryland

EMMITSBURG, Md. (AP) — The charitable arm of PNC Financial Services Group says it’s pledging a quarter-million dollars to support economics education at Mount St. Mary’s University in Emmitsburg.

The Catholic school announced the gift Thursday from the Pittsburgh-based PNC Foundation.

It will provide program support and scholarships for students participating in the College Federal Reserve Challenge.

The challenge is a competition in which teams of undergraduate students make presentations about monetary policy to a panel of Federal Reserve economists.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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