Citigroup Aktie
WKN DE: A1H92V / ISIN: US1729674242
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05.04.2005 14:02:00
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Texas Alliance of Boys & Girls Clubs Announces $100,000 Grant from Cit
Texas Alliance of Boys & Girls Clubs Announces $100,000 Grant from Citigroup Foundation during National Boys & Girls Club Week 59 Boys & Girls Clubs Statewide Teach the Financial ABCs to 5,400 Youth
Gene Schutt, President and CEO of CitiFinancial Mortgage, and Mary McDowell, President and CEO of CitiFinancial Auto and Chair of Citigroup's Texas Leadership Council, announced a $100,000 grant from the Citigroup Foundation to the Texas Alliance of Boys & Girls Clubs, the statewide membership association for all Boys & Girls Clubs, to support a statewide financial education program. 59 Boys and Girls Club locations across Texas will participate in the program and reach 5,400 students in 14 cities and three military bases, including Houston, Dallas and surrounding Metroplex, San Antonio, Austin, Bryan, Abilene, Odessa, and Amarillo. The announcement was made today at the Boys & Girls Club in Arlington at an event celebrating National Boys & Girls Club Week.
"Citigroup is known to be an outstanding corporate citizen, and this generous donation will help enrich the lives of many young men and women in Arlington," said Arlington Mayor Robert Cluck. "We thank them for their interest in our youth."
"We are pleased to team up with the Texas Alliance of Boys and Girls Clubs to inspire and educate thousands of young people across the state with the knowledge they need to take control of their financial futures," said Gene Schutt, President and CEO of CitiFinancial Mortgage. "At Citigroup, we are committed to serving communities throughout Texas. By providing financial education to youth today, we are helping to raise the quality of life for individuals and families and to build stronger communities tomorrow."
"The Texas Alliance of Boys & Girls Club is very excited to join with Citigroup to help our young people learn critical personal financial management skills," said Harry Thomas, President of the Alliance. "The curriculum is both educational and fun and the feedback from the kids is very positive. We thank Citigroup and the Citigroup Foundation for their outstanding support of this important youth development program."
Using the Citigroup Financial Education Curriculum, Boys and Girls Club employees and Citigroup volunteers will teach age-appropriate financial topics including saving, banking, budgeting and credit to youth and teens from grades 3-12. As part of the Boys and Girls Clubs ongoing Life Skills Training, the program is designed to empower youth with the education and skills they will need to make informed financial decisions.
"You are never too young to start your financial education," said Mary McDowell, President and CEO of CitiFinancial Auto and Chair of Citigroup's Texas Leadership Council. "Through this program, Citigroup employees and Boys and Girls Clubs across Texas will make a big difference in their communities, spread the word about the importance of financial education and give thousands of kids a head start on a bright financial future."
In 2004, Citigroup and the Citigroup Foundation announced a 10-year, $200 million global financial education commitment, the formation of a new Office of Financial Education and a global initiative designed to encourage its 300,000 employees around the world to devote time to support financial education and other charitable causes. Under the new initiative, employees may take a day off from work to volunteer for non-profit organizations in their communities.
Recently, Citigroup successfully completed its acquisition of First American Bank in Texas where it will operate over 100 locations throughout the state. In 2004, Citigroup and the Citigroup Foundation awarded more than $2,700,000 in grants and sponsorships to charitable and non-profit organizations in communities across Texas to support financial education, child development, education and community development programs, among many others.
The Texas Alliance of Boys & Girls Clubs is the statewide membership association for all Boys & Girls Clubs. Boys & Girls Clubs of America is the nation's oldest and largest organization with a primary mission of service to young people from disadvantaged circumstances. The primary purpose of the Alliance is to develop statewide initiatives and create public awareness to assist all Clubs and the kids they serve. In Texas, over 375,000 youth are served each year at over 300 Boys and Girls Club facilities.
The Citigroup Financial Education Program is a global, company-wide effort to identify, support and implement initiatives that help give individuals, families and communities the tools needed to make sound financial decisions. Citigroup's recently announced 10-year, $200 million global financial education commitment is focused in three areas: Personal Financial Education, Small Business Financial Education, and Institutional Financial Education. Additional information about Citigroup's Financial Education Program, including Foundation guidelines, links and resources, including the Citigroup Financial Education Program Curriculum and Facilitator's Guide may be found at: financialeducation.citigroup.com.
Citigroup (NYSE:C), the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at www.citigroup.com.
--30--JAR/mi*
Business Editors
ARLINGTON, Texas--(BUSINESS WIRE)--April 5, 2005--
Gene Schutt, President and CEO of CitiFinancial Mortgage, and Mary McDowell, President and CEO of CitiFinancial Auto and Chair of Citigroup's Texas Leadership Council, announced a $100,000 grant from the Citigroup Foundation to the Texas Alliance of Boys & Girls Clubs, the statewide membership association for all Boys & Girls Clubs, to support a statewide financial education program. 59 Boys and Girls Club locations across Texas will participate in the program and reach 5,400 students in 14 cities and three military bases, including Houston, Dallas and surrounding Metroplex, San Antonio, Austin, Bryan, Abilene, Odessa, and Amarillo. The announcement was made today at the Boys & Girls Club in Arlington at an event celebrating National Boys & Girls Club Week.
"Citigroup is known to be an outstanding corporate citizen, and this generous donation will help enrich the lives of many young men and women in Arlington," said Arlington Mayor Robert Cluck. "We thank them for their interest in our youth."
"We are pleased to team up with the Texas Alliance of Boys and Girls Clubs to inspire and educate thousands of young people across the state with the knowledge they need to take control of their financial futures," said Gene Schutt, President and CEO of CitiFinancial Mortgage. "At Citigroup, we are committed to serving communities throughout Texas. By providing financial education to youth today, we are helping to raise the quality of life for individuals and families and to build stronger communities tomorrow."
"The Texas Alliance of Boys & Girls Club is very excited to join with Citigroup to help our young people learn critical personal financial management skills," said Harry Thomas, President of the Alliance. "The curriculum is both educational and fun and the feedback from the kids is very positive. We thank Citigroup and the Citigroup Foundation for their outstanding support of this important youth development program."
Using the Citigroup Financial Education Curriculum, Boys and Girls Club employees and Citigroup volunteers will teach age-appropriate financial topics including saving, banking, budgeting and credit to youth and teens from grades 3-12. As part of the Boys and Girls Clubs ongoing Life Skills Training, the program is designed to empower youth with the education and skills they will need to make informed financial decisions.
"You are never too young to start your financial education," said Mary McDowell, President and CEO of CitiFinancial Auto and Chair of Citigroup's Texas Leadership Council. "Through this program, Citigroup employees and Boys and Girls Clubs across Texas will make a big difference in their communities, spread the word about the importance of financial education and give thousands of kids a head start on a bright financial future."
In 2004, Citigroup and the Citigroup Foundation announced a 10-year, $200 million global financial education commitment, the formation of a new Office of Financial Education and a global initiative designed to encourage its 300,000 employees around the world to devote time to support financial education and other charitable causes. Under the new initiative, employees may take a day off from work to volunteer for non-profit organizations in their communities.
Recently, Citigroup successfully completed its acquisition of First American Bank in Texas where it will operate over 100 locations throughout the state. In 2004, Citigroup and the Citigroup Foundation awarded more than $2,700,000 in grants and sponsorships to charitable and non-profit organizations in communities across Texas to support financial education, child development, education and community development programs, among many others.
The Texas Alliance of Boys & Girls Clubs is the statewide membership association for all Boys & Girls Clubs. Boys & Girls Clubs of America is the nation's oldest and largest organization with a primary mission of service to young people from disadvantaged circumstances. The primary purpose of the Alliance is to develop statewide initiatives and create public awareness to assist all Clubs and the kids they serve. In Texas, over 375,000 youth are served each year at over 300 Boys and Girls Club facilities.
The Citigroup Financial Education Program is a global, company-wide effort to identify, support and implement initiatives that help give individuals, families and communities the tools needed to make sound financial decisions. Citigroup's recently announced 10-year, $200 million global financial education commitment is focused in three areas: Personal Financial Education, Small Business Financial Education, and Institutional Financial Education. Additional information about Citigroup's Financial Education Program, including Foundation guidelines, links and resources, including the Citigroup Financial Education Program Curriculum and Facilitator's Guide may be found at: financialeducation.citigroup.com.
Citigroup (NYSE:C), the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex, and Travelers Life and Annuity. Additional information may be found at www.citigroup.com.
--30--JAR/mi*
CONTACT: Citigroup Liz Fogarty, 212/559-0486 fogartye@citigroup.com
KEYWORD: TEXAS NEW YORK INDUSTRY KEYWORD: EDUCATION BANKING SOURCE: Citigroup
Copyright Business Wire 2005
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