Springside Chestnut Hill Academy Receives Grant From NASDAQ OMX Educational Foundation

School's Center for Entrepreneurial Leadership Recognized by Fund for Innovative Educational Programs

First Time Foundation has Given Grant to an Independent College Preparatory School

PHILADELPHIA, March 4, 2013 (GLOBE NEWSWIRE) -- Springside Chestnut Hill Academy the independent Pre-K - 12 school in Northwest Philadelphia, today announced that it has received a single-year grant from The NASDAQ OMX Educational Foundation for the school's Center for Entrepreneurial Leadership (CEL). The CEL program, launched in September, offers a bold and collaborative academic experience preparing students to become innovative leaders, breakthrough thinkers, and imaginative problem solvers. Springside Chestnut Hill Academy is the only independent school in the Philadelphia area offering a curriculum rooted in the study of entrepreneurial learning.

CEL has received praise from the National Association of Independent Schools and faculty at the University of Pennsylvania Wharton School. CEL was conceived and launched by SCH Academy President Dr. Priscilla Sands and SCH Academy Board Chairman and CEO of Urban Outfitters Richard Hayne following years of study with leaders in higher education and business. Its curriculum is designed to give students real-life skills preparing them for the world beyond secondary education. The program is presented through seven "strands" of curricular study: The Art of Communication, Engineering and New Media, Entrepreneurship, Ethics, Global Immersion, Leadership and Statistics. The strands are woven through the existing rigorous core curriculum and are incorporated through age appropriate study from Pre-K - 12.

"As educators it is our responsibility to teach and expose students to a curriculum that challenges passive academic thinking. Our children are developing a mindset that embraces the idea of entrepreneurism throughout the many aspects of the world in which they live," said Dr. Sands.

"We are thrilled and honored to partner with and have the support of the NASDAQ OMX Educational Foundation as they are pioneers in forward thinking education."

The mission of The NASDAQ OMX Educational Foundation is to promote learning about capital formation, financial markets and entrepreneurship through innovative educational programs. It was established in New York City in 1994 and is supported entirely by contributions from The NASDAQ OMX Group, Inc.

"As a corporate citizen, NASDAQ OMX supports young entrepreneurs who will someday become the visionaries that help drive our economy," said Joan Conley, Senior Vice President and Corporate Secretary at The NASDAQ OMX Group.

"Springside Chestnut Hill Academy will prepare innovative thinkers through its secondary school Center for Entrepreneurial Leadership. We're thrilled to partner with these students who will become our business leaders across the globe."

Other academic institutions that NASDAQ OMX Educational Foundation has supported include Columbia University, Stanford Law School, and University of Pennsylvania Wharton School.

Visit our website for more information on SCH Academy and CEL and the NASDAQ OMX Educational Foundation.

CONTACT: Kate Disston Noel Springside Chestnut Hill Academy Director of External Affairs 215.754.1606 knoel@sch.org Robert Madden The NASDAQ OMX Group, Inc. Director, Corporate Communications 646.441.5045 robert.madden@nasdaqomx.comSource:Springside Chestnut Hill Academy