Grant to Support Financial Education Classes in New Jersey
Bridgewater, NJ (April 30, 2012) - State Farm® Insurance Companies awarded Money Management International a $10,000 grant to help support the organization’s financial education classes and programs. Since 2010, State Farm and Money Management International have worked together to meet the critical and increasing demand for basic money management education. This grant will help provide New Jersey residents with training focused on credit, money management, options for dealing with financial crisis and achieving financial goals such as homeownership.
To implement the grant, Money Management International will collaborate with 12 New Jersey community organizations in six counties. The organization will conduct 25 financial education classes that will directly impact 375 individuals and benefit an additional 1,005 people who
||(From left to right: State Farm Agent
Audrey Jankucic and Money
Management International Regional
Director of Education Development
and Community Relations Maura Attardi)
live in the same households as the class participants. Money Management International uses three innovative approaches to address financial education. First, they actively engage the learner by encouraging them to participate in discussions, complete worksheets and test their knowledge on the skills and principles presented. Second, they provide class participants with no-cost/individualized one-on-one assistance to address their specific needs. Third, they make other resources available online at MoneyManagement.org, such as on-demand webcasts, money-saving tips and an "ask the experts" resource.
State Farm understands the importance of financial education and safety. “State Farm is pleased to support Money Management International in its efforts to help provide New Jersey individuals and families with financial education,” said State Farm Agent Audrey Jankucic. “We’re continually looking for opportunities that help people make sound financial decisions, and for opportunities to make our communities stronger and safer.”
Each year State Farm awards grants to non-profit organizations, governmental entities, and educational institutions for programs that help make communities safer, stronger, and more educated.
Douglas Nadeau, State Farm Insurance Media Relations Specialist, (603) 641-4549
State Farm and its affiliates are the largest provider of car insurance in the U.S. and is a leading insurer in Canada. In addition to providing auto insurance quotes, their 17,800 agents and more than 65,000 employees serve 81 million policies and accounts - more than 79 million auto, home, life and health policies in the United States and Canada, and nearly 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is also available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 43 on the Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com or in Canada http://www.statefarm.ca.