FOR IMMEDIATE RELEASE News Release Contact: Barbara Foley, Junior Achievement of Northern New England 781-373-1170 firstname.lastname@example.org
AIG AND JUNIOR ACHIEVEMENT PREPARE LOCAL STUDENTS FOR THE WORKPLACE
Grant to help implement Junior Achievement programs to 4 schools impacting over 700 local students.
Waltham, MA (November 17, 2015) – Students learned important entrepreneurship, financial literacy and work readiness skills, thanks to a generous grant from American International Group, Inc. (AIG.) Through the funding provided by AIG, Junior Achievement (JA) hosted two JA In A Day programs at Tucker Elementary School in Milton, MA and Harvard Kent Elementary School in Charlestown, MA. In addition, AIG hosted two separate JA Skills to Achieve programs for students from Milford High School and Quincy High School in the Spring and Fall respectively.
“We recently surveyed teens and found that while 59 percent think the best time to learn about money management is in elementary or junior high school, half surveyed said their school has no programs available,” said Kerry Bedard, President of Junior Achievement of Northern New England. “These K-12 years are the ideal time for students to learn these basic life skills and we’re thankful for our partnership to AIG, which supports our efforts to grow the number of students learning about personal finance concepts.”
This is the second year AIG has gifted funds to support Junior Achievement programs to help students gain the knowledge and skills they need to make smart academic and economic choices. Totaling $425,000, this year’s grant will serve schools in 19 global locations, including: Amarillo, Texas; Atlanta; Boston; Chicago; Cleveland, Ohio; Dallas; Greensboro, N.C.; Houston; Los Angeles; Neptune, N.J.; New York, Oakdale, Minn.; Stevens Point, Wis.; Dublin, Ireland; Madrid, Spain; Jakarta, Indonesia; Muntinlupa City, Philippines; Bogota, Colombia; and Toronto, Ontario. As part of the partnership, AIG employees will engage as dedicated classroom teachers, capstone volunteers and board members, as well as support other special events.
“We are committed to supporting organizations like Junior Achievement that help develop and prepare young people for future success – particularly in a time when there is a growing skills gap between unemployed or underemployed individuals and companies in need of qualified workers,” said Ron Willett, President, Northeast Region of AIG.
Junior Achievement’s programs are in direct correlation with AIG’s commitment to supporting financial education and workforce readiness.
About Junior Achievement of Northern New England
For the 2014-2015 school year, Junior Achievement of Northern New England (JANNE) implemented 1,560 programs throughout 254 schools and after-school sites, reaching over 38,000 youth through the efforts of 2,289 trained volunteers. Serving students in nine Massachusetts counties and the entire state of New Hampshire, JANNE focuses on impacting economically disadvantaged youth, and reaching optimal students within its territory. All programs are provided at no cost to school and organizations. JANNE is a non-profit 501(c)3 charity and is supported by corporations, individuals, foundations and special events.
American International Group, Inc. (AIG) is a leading global insurance organization serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.