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
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.
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.
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
BOARD OF DIRECTORS
Ervin C. Owens, Chair
David Giulieri, Board Member
Sr. Vice President, CitiCorp Smith Barney
John Holt, Treasurer
Henry Holman, Secretary
Sr. Investment Executive
Baker & Watts, Inc.
Keith J. Harrison
Corey V. Poole
Director, Youth Development
School Community Services Center, Inc.
CitiGroup Smith Barney
Ervin C. Owens
Aaron Brachman, Sr. Investment Executive; Perris, Baker & Watts, Inc.
John Holt, Founder/CFO; The Prometheus
Ervin C. Owens, Founder/CEO; CABEL
Peter Thompson, Financial Advisor; CitiGroup Smith Barney