PHILADELPHIA -- Lincoln Financial Group (NYSE: LNC) announced today that it recently received a Corporate Giving award from the Philadelphia Business Journal in the Longstanding Partnership category for its support of City Year Greater Philadelphia. Since 2000, Lincoln Financial Foundation, the philanthropic arm of Lincoln Financial, has provided more than $940,000 in grants to the nonprofit organization. City Year’s mission is to bridge the education gap in high-poverty communities, while also helping to increase graduation rates across the country and change the lives of the students they serve.
“In journalism, we regularly report on various conflicts and trouble,” said Craig Ey, editor-in-chief of the Philadelphia Business Journal. “That’s why we look forward to the Corporate Giving Awards. This year’s award-winners are truly inspirational. They are doing hard work to make the Philadelphia region a better place to live and work. We salute them all.”
In addition to grants, the Foundation has supported City Year through employee volunteerism, service projects and school supply drives. For the past four years, employees have met regularly with City Year Corps members and students to assist with life and career goals by facilitating workshops dedicated to resume writing, mock interviews and career counseling. Specifically supporting Overbrook High School in West Philadelphia in 2013-2014, employees celebrated Martin Luther King Jr. Day with beatification projects at the school. City Year anticipates 1,766 targeted, off-track students will be enrolled in its academic programs in Philadelphia this year, due in part to the Foundation’s support. These efforts reinforce the Foundation’s commitment to education and to empowering students to take charge and reach their highest potential.
“City Year does remarkable work with students in our Philadelphia schools, and we could not be more pleased about this recognition and to share this award from the Philadelphia Business Journal,” said Nancy Rogers, president of Lincoln Financial Foundation and senior vice president of Corporate Social Responsibility for Lincoln Financial. “We are extremely proud of our longstanding partnership with City Year, and we’re committed to supporting programs aimed at improving student achievement and increasing graduation rates across the country.”
All 2014 Corporate Giving Award winners were recognized July 24 at an award ceremony at The Union League in Philadelphia, which was sponsored by Wells Fargo. In addition, winners were profiled in a special section of the Philadelphia Business Journal’s July 25th issue.
About Lincoln Financial Foundation:
The Lincoln Financial Foundation, established in 1962, is a nonprofit organization formed and supported by Lincoln Financial Group. Under the Foundation guidelines, grants are made in the areas of arts, education, human services and economic/workforce development. The Foundation awarded more than $2.1 million to support nonprofits in Philadelphia in 2013. Since 2006, the Foundation has contributed more than $19 million to Philadelphia nonprofits.
About Lincoln Financial Group
Lincoln Financial Group provides advice and solutions that help empower Americans to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $216 billion in assets under management as of June 30, 2014. Learn more at: www.LincolnFinancial.com.