$135,000 in Economic and Workforce Development Grants Awarded
17 December 2012

Grants from Lincoln Financial Foundation are supporting agencies that provide job training, adult education, financial literacy programs and economic development in Greensboro. Lincoln Foundation recently awarded $135,000 in economic and workforce development grants to seven local nonprofit organizations, a portion of $1.8 million in charitable funds Lincoln Foundation has allocated for the area in 2012.

A $20,000 grant to the Women’s Resource Center will fund workshops on financial literacy for women in transition. The workshop series focuses on money management strategies, including budgeting, banking services, saving, managing debt and credit, homeownership, protecting assets and planning for retirement. The Lincoln Financial Women’s Leadership Group held a financial literacy seminar at the Women’s Resource Center in October.

Other economic and workforce development grants awarded include:

Economic Development

  • $25,000 to Piedmont Triad Partnership for the Accelerating High Growth Entrepreneurial Mentoring/Training program, mobilizing and training seasoned entrepreneurs, investors and business leaders then deploying them as mentors, teachers and coaches to promising entrepreneurs.
  • $20,000 to Family Service of the Piedmont for Consumer Credit Counseling and Foreclosure Prevention Services, which provide families in Guilford County with the tools they need to be financially self-sustaining and to prevent losing their homes to foreclosure.
  • $15,000 to Nussbaum Center for Entrepreneurship for the Entrepreneur Assistance Support and Education program, which provides entrepreneurs with professional consulting and business support, including access to marketing, accounting, legal, capital, human resources, financial and graphic design services.

Workforce Development

  • $25,000 to Reading Connections to support adult literacy programs including GED, English as a Second Language and adult basic education, which improve self-sufficiency and employability.
  • $15,000 to Greensboro Chamber Foundation for Triad InternNet, an online matching and referral program for individuals seeking internships and organizations seeking interns.
  • $15,000 to Welfare Reform Liaison Project to re-train unemployed manufacturing employees in the area of digital imaging, giving them a technologically advanced skill set and future career opportunities.

About Lincoln Financial Foundation

The Lincoln Financial Foundation, established in 1962, is a nonprofit organization formed and supported by Lincoln Financial Group. Under Lincoln Foundation guidelines, grants are made in the areas of arts, education, human services and economic/workforce development. The Lincoln Foundation awarded more than $2.5 million to support nonprofits in the greater Fort Wayne area in 2011. Since 1962, the Lincoln Foundation has contributed over $89 million to Fort Wayne nonprofits.

About Lincoln Financial Group

Lincoln Financial Group has set aside almost $10 million of its pre-tax earnings for charitable causes that support philanthropic endeavors in the communities where its employees work. Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $174 billion as of September 30, 2012. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; 401(k) and 403(b) plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.


Media Contacts:
Byron Champlin
E-mail: Byron.Champlin@LFG.com