Business

Exploring the Impact of Education: How PFEF and Inmates Help Support Children of the Incarcerated and Parolees in Education

Published

8 months ago

August 28, 2024

Many people are aware that the United States incarcerates the highest number of inmates worldwide. However, most do not understand the impact this has on their community and society at large.

“The nation’s strict prison sentences are not solving problems; they are creating them,” says Percy Pitzer, founder of the Pitzer Family Education Foundation (PFEF). “Instead of making the world safer, strict incarceration rates breed cycles that perpetuate and even increase crime.”

When 1.8 million incarcerated Americans are released back into the community, more than two-thirds are quickly rearrested for new crimes. What’s more, incarceration breeds a new generation of problems. Compared to their peers, the more than 5 million US boys and girls who have at least one parent in prison are six times more likely to follow their parents into involvement with the criminal justice system.

PFEF believes that education is the key to breaking the cycles of recidivism and intergenerational incarceration. For children of incarcerated parents and former inmates, access to education has the power to alter the course of their lives. For parolees, it provides a path to re-enter society with dignity.

PFEF and the National Children of the Incarcerated Scholarship Program

As a retired warden with over four decades in the US correctional system, Percy Pitzer was no stranger to recidivism and intergenerational incarceration. “I saw the cycle everywhere I looked,” he remembers. “Each time I passed a child sitting with their parents in the visiting room, I knew I was probably looking into the eyes of a future client. Without proactive support, most inmates and their children are bound to be trapped by this powerful cycle.”

Children with a parent in prison are forced to navigate psychological challenges, care deficiencies, and financial hardships. These obstacles notably hinder their educational aspirations and future prospects.

PFEF intervenes through the National Children of the Incarcerated Scholarship Program to provide scholarships that enable these children to pursue higher education. By doing so, PFEF helps to break the cycle of generational incarceration, offering a lifeline to those affected by their parents’ actions.

Applications for the National Children of the Incarcerated Scholarship Program are accepted throughout the year on a first-come, first-served basis. PFEF staff assists with financial aid applications, as their primary goal is to ensure applicants receive the resources they need to become successful students.

PFEF’s commitment goes beyond financial support to encompass emotional and logistical assistance that enhances the overall educational experience for these children. To date, their efforts have provided over 190 scholarships to children of parolees and inmates nationwide. Most notably, they have seen 133 successful graduates complete their education.

Inmates join the contributions

An impactful aspect of PFEF’s work is its dedication to involving current inmates in the scholarship program. To date, inmates in 14 state departments of corrections have collectively donated $244,034 towards college tuition costs for children of the incarcerated, which allowed the foundation to award 190 scholarships.

“Even though inmates do not have large amounts of money to contribute individually, most are eager to rally behind this cause,” remarks Pitzer. “Collectively, their contributions can make a huge difference. Best of all, when they take an active role in supporting their children’s education, it fosters a sense of responsibility and purpose.”

Furthermore, Pitzer points out how education can enhance inmates’ mental abilities and diminish the anti-social mindsets linked to criminality.

“Numerous inmates have reported that education fostered their shift away from prison ideologies towards setting constructive goals and finding a significant path in life,” he says. “By contributing to these scholarships, inmates can help develop pro-social values crucial for successful reentry into society. They know that their contributions help break the cycle of generational incarceration and provide educational opportunities that their children would probably not receive otherwise.”

Impacting recidivism with financial aid for parolees

In addition to supporting children, PFEF extends its reach to parolees re-entering society through targeted financial aid programs. The foundation partners with Lamar State College and the ABC Training Academy to provide trade certificate courses that cater to a wide range of interests and skill sets. These include a one-and-a-half-year welding program, a three-year electrical program, a three-year pipe-fitting program, a nine-month course covering industrial carpentry, a three-year course in instrumentation, and a 10-week course in scaffold building.

Since its inception, PFEF has awarded financial aid to 1,328 paroled students for the ABC Training Academy and currently offers funding to 626 students. Over the years, it has assisted 187 graduates in rejoining society with the skills they need to find stable and well-paying jobs.

By breaking the cycle of incarceration through education, PFEF transforms individual lives and contributes to broader societal change. “When we put people behind bars, we do not solve our problems,” Pitzer concludes, “but when we educate them, we can help set inmates and their children on a new path. Education gives them the tools to rise above their circumstances and break the cycles that hold them back.”

Business

13 Reasons Investors Are Watching Phoenix Energy’s Expansion in the Williston Basin

Published

4 mins ago

April 23, 2025

Matthew Wiles

As energy security becomes a growing priority in the United States, companies focused on domestic oil production are gaining attention from investors. One such company is Phoenix Energy, an independent oil and gas company operating in the Williston Basin, a prolific oil-producing region spanning North Dakota and Montana.

Phoenix Energy has established itself as a key player in this sector, expanding its footprint while offering structured investment opportunities to accredited investors. Through Regulation D 506(c) corporate bonds, the company provides investment options with annual interest rates ranging from 9% to 13%.

Here are 13 reasons why Phoenix Energy is attracting investor interest in 2025:

1. U.S. energy production remains a strategic priority

The global energy landscape is evolving, with a renewed focus on domestic oil and gas production to enhance economic stability and reduce reliance on foreign energy sources. The Williston Basin, home to the Bakken and Three Forks formations, continues to play a critical role in meeting these demands. Phoenix Energy has established an operational footprint in the basin, where it is actively investing in development and production.

2. Investment opportunities with fixed annual interest rates

Phoenix Energy bonds offer accredited investors annual interest rates between 9% and 13% through Regulation D 506(c). These bonds help fund the company’s expansion in the Williston Basin, where it acquires and develops oil and gas assets.

3. Record-breaking drilling speeds in the Williston Basin

Phoenix Energy has made significant strides in drilling efficiency, ranking among the fastest drillers in the Bakken Formation as of late 2024. By reducing drilling times, the company aims to optimize operations and improve overall production performance.

4. Expansion of operational footprint

Since becoming an operator in September 2023, Phoenix Energy has grown rapidly. As of March 2025, the company has 53 wells drilled and 96 wells planned over the next 12 months.

5. Surpassing production expectations

Phoenix Energy’s oil production has steadily increased. By mid-2024, its cumulative production had exceeded 1.57 million barrels, outpacing its total output for 2023. The company projected an exit rate of nearly 20,000 barrels of oil equivalent per day by the end of March 2025.

6. High-net-worth investor offerings

For investors seeking alternative investments with higher-yield opportunities, Phoenix Energy offers the Adamantium bonds through Reg D 506(c), which provides corporate bonds with annual interest rates between 13% and 16%, with investment terms ranging from 5 to 11 years, and a minimum investment of $2 million.

7. Experienced team with industry-specific expertise

Phoenix Energy’s leadership and technical teams include professionals with decades of oil and gas experience, including backgrounds in drilling engineering, land acquisition, and reservoir analysis. This level of in-house expertise supports the company’s ability to evaluate acreage, manage operations, and execute its long-term development plans in the Williston Basin.

8. Focus on investor communication and understanding

Phoenix Energy prioritizes clear investor communication. The company hosts webinars and provides access to licensed professionals who walk investors through the business model and operations in the oil and gas sector. These efforts aim to help investors better understand how Phoenix Energy deploys capital across mineral acquisitions and operated wells.

9. Managing market risk through strategic planning

The energy sector is cyclical, and Phoenix Energy takes a structured approach to risk management. The company employs hedging strategies and asset-backed financing to help mitigate potential fluctuations in the oil market.

10. Commitment to compliance

Phoenix Energy conducts its bond offerings under the SEC’s Regulation D Rule 506(c) exemption. These offerings are made available exclusively to accredited investors and are facilitated through a registered broker-dealer to support adherence to federal securities laws. Investors can review applicable offering filings on the SEC’s EDGAR database.

11. Recognition for business practices

As of April 2025, Phoenix Energy maintains an A+ rating with the Better Business Bureau (BBB) and is a BBB-accredited business. The company has also earned strong ratings on investor review platforms such as Trustpilot and Google Reviews, where investors often highlight clear communication and transparency.

12. A family-founded business with a long-term vision

Led by CEO Adam Ferrari, Phoenix Energy operates as a family-founded business with a focus on long-term investment strategies. The company’s leadership emphasizes responsible growth and sustainable development in the Williston Basin.

13. Positioned for long-term growth in the oil sector

With U.S. energy demand projected to remain strong, Phoenix Energy is strategically positioned for continued expansion. The company’s focus on efficient drilling, financial discipline, and structured investment offerings aligns with its goal of building a resilient and growth-oriented business.

Final thoughts

For investors looking to gain exposure to the U.S. oil and gas sector, Phoenix Energy presents an opportunity to participate in a structured alternative investment backed by the company’s operational expansion in the Williston Basin.

Accredited investors interested in learning more can attend one of Phoenix Energy’s investor webinars, which are hosted daily throughout the week. These sessions provide insights into market trends, risk management strategies, and investment opportunities.

For more information, visit the Phoenix Energy website.

Phoenix Capital Group Holdings, LLC is now Phoenix Energy One, LLC, doing business as Phoenix Energy. The testimonials on review sites may not be representative of other investors not listed on the sites. The testimonials are no guarantee of future performance or success of the Company or a return on investment. Alternative investments are speculative, illiquid, and you may lose some or all of your investment. Securities are offered by Dalmore Group member FINRA/SIPC. Dalmore Group and Phoenix Energy are not affiliated. See full disclosures.

This article contains forward-looking statements based on our current expectations, assumptions, and beliefs about future events and market conditions. These statements, identifiable by terms such as “anticipate,” “believe,” “intend,” “may,” “expect,” “plan,” “should,” and similar expressions, involve risks and uncertainties that could cause actual results to differ materially. Factors that may impact these outcomes include changes in market conditions, regulatory developments, operational performance, and other risks described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and Phoenix Energy undertakes no obligation to update them except as required by law.