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New York Life Foundation Expands Coalition for the Homeless' After-School Programs

Cumulative Gift Exceeds $140,000 And Expands Educational Programs For Homeless Children

NEW YORK, N.Y., January 05, 2005 — The Coalition for the Homeless today announced a $55,600 grant from the New York Life Foundation to support its after-school educational curriculum in New York City shelters that serve families. The funds will enhance its existing academic program and expand it to two additional shelters. This is New York Life Foundation's second grant to the Coalition for the Homeless within the past year and its combined donations to the organization total $141,200.

"The New York Life Foundation has been a valued partner over the past year and helped numerous homeless children in New York City further their education and build their confidence in spite of their devastating personal circumstances," said Mary Brosnahan Sullivan, executive director of the Coalition for the Homeless. "Homeless children's transient, unstable lifestyle makes it extremely challenging for students to further their academic careers and the Foundation is helping them to overcome these challenges."

"We are delighted to expand our partnership with Coalition for the Homeless," said Sy Sternberg, chairman and chief executive officer of New York Life Insurance Company and chairman of the New York Life Foundation. "The Coalition's after-school program is critical in shaping the academic futures of homeless children and allowing them to succeed."

Coalition for the Homeless' after-school program currently provides tutoring, one-on-one assistance with homework assignments, science workshops and recreational activities at three shelters four days a week. This new grant will expand the program to include computer education, conflict resolution training and enrichment activities. It will also allow the Coalition for the Homeless to offer the program at two additional shelters, bringing the total to five throughout New York City.

In addition, this donation will fund various supplies, including computers, software, educational games, workbooks and storybooks. It will provide up to 40 children a week with intensive homework assistance, exposure to technology and creative programming.

About Coalition for the Homeless
The Coalition for the Homeless (www.coalitionforthehomeless.org) was founded in 1981 on the principle that decent shelter, sufficient food, affordable housing, and the chance to work for a living wage are fundamental rights in a civilized society. The Coalition has worked through litigation, public education, and direct services to ensure that these goals are realized. Each day the Coalition helps nearly 3,500 homeless New Yorkers find homes and jobs, eat nutritious meals, receive benefits, further their education and learn basic life skills. In addition to Camp Homeward Bound, the Coalition's network of 11 direct service programs include a mobile soup kitchen that serves up to 800 meals a night; crisis intervention services; a job training program for formerly homeless mothers; free voice mail accounts enabling homeless people to connect with employers and landlords; and supportive housing for homeless people living with AIDS.

About the New York Life Foundation
The New York Life Foundation (www.newyorklifefoundation.org) is the major vehicle through which New York Life Insurance Company channels contributions to national and local nonprofit organizations. Through its Nurturing the Children initiative, 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 Volunteers for LIFE, its national community involvement initiative, New York Life also encourages volunteer participation by its employees, agents and retirees.

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New York Life Foundation Expands Coalition for the Homeless' After-School Programs

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