New York youth recognized by Prudential Emerging Visionaries program

New York student is honored with $5,000 award and invitation to the 2023 summit for her work addressing the challenges of a changing world.

NEWARK, N.J., Feb. 21, 2023 /PRNewswire/ -- Catherine Mellett Felix, 17, of New York, today was named a 2023 Prudential Emerging Visionary for her inspiring commitment to improving the lives of others.

As one of 25 Prudential Emerging Visionary winners, Catherine will receive a $5,000 award to help take her innovation to the next level. She is also invited to attend an all-expenses-paid trip with her parent or guardian to Prudential's Newark, New Jersey, headquarters for a three-day summit in April where she will receive coaching, skills development and networking opportunities with Prudential employees and other young leaders.

Prudential Emerging Visionaries recognizes young people ages 14-18 whose fresh perspectives and innovative solutions address pressing financial and societal challenges in their communities.

"The goals of our Emerging Visionaries program reflect Prudential's overarching purpose: to make lives better by solving the financial challenges of our changing world," said Chairman and CEO Charles Lowrey. "We applaud all of our honorees for their commitment to improving the lives of others and creating inclusive and thriving communities."

New York's 2023 Prudential Emerging Visionary:

Catherine Mellett Felix started a mobile app to address gender economic inequality by teaching young women how to manage and grow their personal finances. The app assesses the user's financial health and priorities to customize a learning journey of engaging modules on topics such as credit scores and the basics of investing.

Catherine decided to start this project after learning about the difficulties faced by women and those impacted by domestic violence and how financial autonomy might provide an opportunity for a better life. "My project centers on giving the millions of young Latin American women who want equality but are unaware of how to achieve it the tools to break apart from antiquated roles and end the cycle of violence through financial education," she says.

Emerging Visionaries is a collaboration between Prudential Financial and Ashoka, a leading social impact organization, with support from the Financial Health Network, an authority on financial health and longtime partner of The Prudential Foundation.

During the summit, to be held April 22-25, 2023, five winners will also have the opportunity to present their solutions in a pitch-off, where a grand prize winner will be awarded an additional $10,000 in funding. What's more, Prudential employees will again vote to name an Employees' Choice Award winner, who will receive an additional $5,000.

The program is an evolution of Prudential's Spirit of Community Awards, which, over 26 years, honored more than 150,000 outstanding youth volunteers.

To read about all this year's Prudential Emerging Visionaries, visit prudential.com/emergingvisionaries.

About Prudential Financial

Prudential Financial, Inc. (NYSE: PRU), a financial wellness leader and premier active global investment manager, has operations in the United States, Asia, Europe and Latin America. Prudential's diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential's iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit news.prudential.com.

About Ashoka

Ashoka is the largest global network of leading social entrepreneurs — individuals with new ideas to systemically address the world's biggest challenges and the entrepreneurial skill to transform those ideas into national, regional and global social impact. Over 40 years, Ashoka has supported more than 3,600 social entrepreneurs in 90 countries with solutions addressing society's most pressing issues. Ashoka's vision is a world in which Everyone Is a Changemaker — a society that responds quickly and effectively to challenges, and where each individual has the freedom, confidence and societal support to address any social problem. For more information, visit ashoka.org.

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SOURCE Prudential Financial, Inc.