About the Foundation

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Angus Powell, was a man of vision. As Chairman of the Board of the Federal Reserve Bank of Richmond, he knew the vital role economics plays in domestic and world stability, and as Chairman of the Board of Trustees at Collegiate School in Richmond, he knew that economic literacy would drive effective leadership in future generations.


Established in 1979, the Powell Economic Education Foundation manages the endowments whose annual growth helps fund the Cochrane Summer Economic Institute for students from around metro Richmond as well as Economic Literacy and Entrepreneurship education programs at Collegiate School.