NEW YORK, May 31, 2016 /PRNewswire/ -- Voya Financial, Inc. (NYSE: VOYA), announced today that seven nonprofit organizations have been selected in the second quarter to receive grants through the company's charitable giving arm, Voya Foundation. Voya Foundation provides quarterly grants to support the educational initiatives of local and national nonprofits, which is consistent with its focus on education as key to fostering economic growth and healthy, sustainable communities.
Below is an overview of the second-quarter 2016 grant recipients.
AmeriCares (International) – Voya will continue its longstanding relationship with AmeriCares through the continuation of funding that supports communities following a natural disaster. The grant also includes continued support for domestic health clinics in vulnerable communities across the country.
Cristo Rey New York High School (New York) – For the second consecutive year, Voya will sponsor Cristo Rey's Summer Academy and Business Boot Camp, a three-week program that prepares incoming students for success in the Cristo Rey school system. The program includes a rigorous curriculum and work experience with partnering organizations. Classes focus on English and math skill development along with the training needed to work in a corporate setting, to professionally interact with adults and even to navigate their morning commutes.
Junior Achievement USA (National)– Funding will be used to continue Voya's volunteer and financial support for financial education programming with Junior Achievement affiliates in cities near major Voya sites across the country.
The Children's Museum (Connecticut) – Grant funding will support the museum's "Science Achievement for All" program that gives approximately 750 area students access to The Children's Museum STEM education programming and provide hands-on STEM experiences in line with Connecticut Department of Education standards.
Medgar Evers College Scholarship Fund (New York) – The Taking Root: Scholarship Fund provides college scholarships to students pursuing academics in business and finance. Medgar Evers College is the only historically black college within the City University of New York system, with a vast majority of students coming from disadvantaged backgrounds and being the first in their families to attend college.
Futures and Options (New York) – Voya will continue its support for the Future and Options Internship Program, which gives determined, resilient high school students in New York City the chance to explore and realize futures and career paths they may not know are possible. Participating students — whose personal and economic challenges might limit their career possibilities — are provided training programs, mentoring and paid internships to help them develop the professional and interpersonal skills needed to succeed in school and in the workplace.
Through its charitable giving, Voya Foundation supports exemplary programs in the areas of financial education and children's education to help build an educated workforce. The Board of Directors of Voya Foundation and the Community Investment Review Committee review applicants and distribute grants on a quarterly basis.
As an industry leader and advocate for greater retirement readiness, Voya Financial is committed to achieving its vision to be America's Retirement Company™ and fulfilling its mission to make a secure financial future possible — one person, one family, one institution at a time.
Media Contact:
Mary Beth Conklin
Voya Financial
Cell: (423) 596-1449
Marybeth.conklin@voya.com
Investor Contact:
Darin Arita
212-309-8999
IR@voya.com
About Voya Foundation
Voya Foundation's mission is to improve the quality of life in communities where Voya Financial® operates and its employees and customers live. Voya Foundation provides grants and establishes signature partnerships in the areas of financial literacy and children's education and fosters employee engagement to deepen our positive impact on the community. For more information, visit www.voyafoundation.com.
About Voya Financial®
Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 13 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $11 billion in revenue in 2015. The company had $458 billion in total assets under management and administration as of March 31, 2016. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya's vision is to be America's Retirement Company™. The company is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible — Voya has been recognized as one of the 2016 World's Most Ethical Companies® by the Ethisphere Institute, and as one of the Top Green Companies in the U.S., by Newsweek magazine. For more information, visit voya.com. Follow Voya Financial on Facebook and Twitter @Voya.
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SOURCE Voya Financial, Inc.