‘Power’ Actor Michael Rainey Jr. Launches $2.4M Financial Literacy Program

Michael Rainey Jr., star of PowerBook II: Ghost, has introduced a $2.4 million financial literacy program targeting high school students in his hometown of Staten Island, New York. 

In partnership with the Restoring America Recovery Education (RARE) Foundation and Equifax, the initiative—called “Educate a Student. Protect Yourself”—aims to provide up to 250,000 students with the tools they need to secure their financial futures.

Empowering Students With Financial Knowledge

Rainey officially launched the program on November 24 at Port Richmond High School, where he engaged directly with students, sharing his journey and offering practical advice on financial literacy. 

“The first thing I would do is go home and ask my parents what their credit score is,” he encouraged students according to Black Enterprise, emphasizing the value of understanding and building credit early.

The program offers students a financial literacy package that includes a year of Equifax Complete Premier, comprehensive credit monitoring, identity theft protection, free credit consultations, and access to a range of educational courses on money management.

Giving Back to the Community

Rainey’s partnership with the Recovery Education Foundation reflects his commitment to giving back to his community. 

“Michael understands firsthand the importance of financial literacy,” the foundation noted.

This is not the first time the Recovery Education Foundation has collaborated with high-profile figures. 

Past initiatives have included partnerships with Tashera Simmons and the rap group The LOX, all sharing a mission of financial empowerment for underserved communities.

Feature Image Credit: Getty Images