Funds will support program designed to help students stay in school
Colorado Springs, Colo. — Junior Achievement Inc. announced today that it has received a $300,000 grant from the New York Life Foundation. The funds will support the implementation of Junior Achievement's The Economics of Staying in School (ESIS) program in at-risk schools at 13 locations nationwide.
The Economics of Staying in School, which is taught at the upper elementary and middle-grade level, explains the economic benefits of having an education. The program teaches students about making informed choices about their education, careers, budgets and other personal economic decisions.
"This generous grant from the New York Life Foundation is another example of its long-standing commitment to improving the lives of at-risk youth," said David S. Chernow, president and CEO of Junior Achievement. "The Foundation's strong support for Junior Achievement programming continues to enhance the educational opportunities available to these children."
In addition to the ESIS program, the grant will also support implementation of Junior Achievement's Job Shadow program at 100 locations nationwide. Through Job Shadow, students explore the world of work by accompanying employees at local businesses during the workday. Job shadowing will serve as a supplement to what students learn from the ESIS program.
"The New York Life Foundation is proud to support Junior Achievement's ESIS and Job Shadow programs, which demonstrate to young people the value of staying in school," said Sy Sternberg, chairman, president and chief executive officer of New York Life Insurance Company. "We are delighted that this grant will enable children to learn valuable lessons that will help maximize their potential."
The New York Life Foundation grant funds implementation of the ESIS program in the following areas: Atlanta, Ga.; Chicago, Ill.; Cleveland, Oh.; Dallas, Tex.; Kansas City, Mo.; Lafayette, La.; Minneapolis, Minn.; New York City and Long Island, N.Y.; Phoenix, Ariz.; Pittsburgh, Pa.; San Diego, Ca.; San Ramon, Ca.; and Tampa, Fla.
About Junior Achievement
Junior Achievement is the world's largest and fastest-growing organization dedicated to educating young people about business, economics and free enterprise. Through age-appropriate curricula, JA programs begin at the elementary school level, teaching children how they can impact the world around them as individuals, workers and consumers. JA programs continue through the middle and high school grades, preparing students for additional key economic and work force issues they will face in the future. Today JA reaches more than four million students through 156 offices nationwide and nearly two million students in 112 countries worldwide. For more information, visit www.ja.org 
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About the New York Life Foundation
The New York Life Foundation, established in 1979 by New York Life Insurance Company, is the major vehicle through which the company channels contributions to national and local nonprofit organizations. Through its Nurturing the Children effort, the Foundation supports organizations, programs and services that target young people, particularly in the areas of mentoring, safe places to learn and grow, and educational enhancement opportunities. Through a company-wide involvement initiative, New York Life encourages volunteer participation by its employees, agents and retirees.
Contacts:
Brad Kaufmann
Junior Achievement Inc.
(719) 540-6217
bkaufmann@ja.org
Karen Finkston Payes
New York Life
212-576-5624
karen_finkston@newyorklife.com
This material is being provided for informational purposes only. Neither New York Life nor its agents provide legal, tax or accounting advice. Please contact your own advisors for legal, tax and accounting advice.
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