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New York Life Foundation Grants $450,000 to the Children's Aid Society's Next Generation Center

Funding Reaches $1,000,000 with Latest Grant

NEW YORK, N.Y. – July 19, 2010 – The New York Life Foundation announced today a three-year, $450,000 grant to The Children’s Aid Society to support the Next Generation Center (NGC), which helps at-risk youth and those who have aged out of foster care, which generally ends at the attainment of age 24. NGC focuses on helping these youth gain valuable life skills and diverts them from entanglement with negative institutions.

“We are pleased to extend our partnership and increase the number of young people who have access to the services they need to help them become independent adults,” said Chris Park, president, New York Life Foundation. “The Next Generation Center provides critical services to youth in foster care who often face the transition into adulthood alone and unsupported.”

“We are delighted that the New York Life Foundation has continued to support the enhancement and expansion of our state-of-the-art facility in the Bronx,” said Richard Buery, Children’s Aid’s president and CEO. “The additional support will provide more youth who are aging out of foster care with the resources and information they need to become responsible, self-sufficient adults in a safe environment. The services and knowledge the youth at The Next Generation Center (NGC) receive are valuable lessons they will retain for the rest of their lives.”

NGC opened in 2006. The New York Life Foundation’s initial grant in 2008 helped it grow from a small two-room storefront to a state-of-the art facility. NGC’s membership grew from 300 teens in 2007 to more than 1,300 members in 2009. While this growth is an indicator of the Center’s success in attracting vulnerable youth, it is also a reflection of the shortage of services available to these young people. The latest grant will help NGC continue to offer the support and services these young adults need for three additional years.

About Children’s Aid Society
The Children’s Aid Society is an independent, not-for-profit organization established to serve the children of New York City. Its mission is to provide comprehensive support for children in need, from birth to young adulthood, and for their families, to fill the gaps between what children have and what they need to thrive. Founded in 1853, it is one of the nation’s largest and most innovative non-sectarian agencies, serving New York’s neediest children. Services are provided in community schools, neighborhood centers, health clinics and camps. For additional information, please call 212-949-4938, e-mail ellenl@childrensaidsociety.org, or visit www.childrensaidsociety.org.

About The New York Life Foundation
Inspired by New York Life’s tradition of service and humanity, the New York Life Foundation has, since its founding in 1979, provided more than $130 million in charitable contributions to national and local nonprofit organizations. Through its focus on “Nurturing the Children,” the Foundation supports programs that benefit young people, particularly in the areas of mentoring, safe places to learn and grow, educational enhancement opportunities and childhood bereavement. The Foundation also encourages and facilitates the community involvement of employees, agents, and retirees of New York Life through its Volunteers for Life program. To learn more, please visit the Foundation's Web site at www.newyorklifefoundation.org.

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New York Life Foundation Grants $450,000 to the Children's Aid Society's Next Generation Center

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