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This document is dated February 20, 2009. It may not be accurate after such date and LNC does not undertake to update or keep it accurate after such date.
   
 

Lincoln Financial Foundation Funds Educational Opportunity in Greensboro

More than $1Million Awarded in Education and Workforce Development Grants

GREENSBORO, N.C., February 20, 2009 — Lincoln Financial Foundation has pledged almost $1 million to two Greensboro nonprofits working to expand economic opportunity in Greater Greensboro. The awards are part of more than $1,150,000 in education and workforce development grants recently awarded in the city by the Lincoln Foundation.

The Greensboro Chamber Foundation received $625,000 spread over five years for its Greensboro Partnership economic development campaign. The campaign hopes to help create more than 7,000 new primary jobs and 11,500 new secondary jobs by recruiting new businesses to the area and by retaining and expanding existing enterprises. The campaign also will promote entrepreneurship by partnering with the Piedmont Triad Entrepreneurial Network and the Nussbaum Center to provide education on starting and growing a successful business and improving access to credit.

The Greensboro Chamber Foundation grant renews a five-year commitment made by Jefferson-Pilot Financial in 2004.

Action Greensboro received $300,000 to support Businesses for Excellence in Education, an effort aimed at supporting economic development by enhancing the performance and reputation to Guilford County schools. The grant will help underwrite four programs:

  • Celebration of Excellence — Annually recognizes and rewards the 15 most academically improved schools.
  • Academic All-Star Camp — A three-week summer camp for outstanding ninth graders.
  • Recruiting and Nurturing Future Teachers — A three-year, full-tuition scholarship program at North Carolina A&T State University and the University of North Carolina at Greensboro for students who commit to teach for at least four years in Guilford County schools.
  • UNCG Cohort Doctoral Program in Education Leadership for School Administrators — A leadership development program for principals designed by Guilford County schools, the Center for Creative Leadership, and the University of North Carolina at Greensboro.

The grants to the Greensboro Chamber Foundation and Action Greensboro are part of $1,150,482 in education and workforce development grants that Lincoln Foundation recently awarded to 12 nonprofit organizations in Greensboro.

Major education and workforce development grants:

  • Guilford Education Alliance — A $51,000 grant to underwrite the Education Matters Report Series, aimed at developing research and public/legislative advocacy positions that foster rigorous and relevant education, building public understanding of education issues, and developing support for programs, teachers, and students that leads to superior academic achievement. The grant also will support quarterly Education Talks held around Guilford County for citizens and business leaders.
  • Natural Science Center of Greensboro — A $50,000 grant to fund the fabrication and installation phase of HealthQuest, a permanent 3,200-square-foot human health and biology center. HealthQuest will educate visitors of all ages about how the human body works and how the life choices we make biologically affect our health.
  • HandyCapable Network —A $30,000 grant to provide home computers to low-income seventh graders as well as refurbished computers to teachers. Computer skills are critical to long-term success in the workplace, and North Carolina requires that students pass a computer competency test for high school graduation.

Other education and workforce development grants awarded:

  • $27,700 to YMCA of Greensboro for the Black & Hispanic Achievers Program at the Hayes-Taylor Memorial YMCA and the Bright Beginnings program at the Bryan YMCA.
  • $23,891 to Reading Connections to support the next phase of its English as a second language program for new immigrants and refugees.
  • $15,000 to the Black Child Development Institute of Greensboro for the Spirit of Excellence AmeriCorps project, a supplemental academic enrichment program for children at risk of failure.
  • $12,891 to ARC of Greensboro for Keys to Employment, a program to strengthen the employment skills of adults with intellectual and developmental disabilities.
  • $5,000 to Guilford Child Development for the Learning Together family literacy program.
  • $5,000 to Kids Voting of North Carolina — Guilford County for civic education enrichment for children in grades K–12, including hands-on Election Day voting.
  • $5,000 to the National Conference for Community and Justice of the Piedmont Triad for its After-ANYTOWN Leadership Institute program for high school students.

About Lincoln Financial Foundation
The Lincoln Financial Foundation, established in 1962, is the charitable giving arm of Lincoln Financial Group. Under Lincoln Foundation guidelines, grants are made in the areas of arts/culture, education/workforce development, and human services. Lincoln Financial sets aside up to 2% of its pre-tax earnings for charitable causes that support philanthropic endeavors in the communities where its employees work. The Lincoln Foundation allocated more than $1.4 million to support nonprofits in Greensboro in 2008. Since 2006, the Lincoln Foundation has contributed more than $5.4 million to Greensboro-area nonprofits.

About Lincoln Financial Group
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 $178 billion as of December 31, 2008. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance; 401(k) and 403(b) plans; savings plans; mutual funds; managed accounts; institutional investments; and comprehensive financial planning and advisory services. Affiliates also include: Delaware Investments, the marketing name for Delaware Management Holdings, Inc. and its subsidiaries; and Lincoln UK. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.

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For more information:

Media Contacts:
Lauren Sammerson
336 691-3125
E-mail: MediaRelations@LFG.com

Byron Champlin
603 226-5554
E-mail: MediaRelations@LFG.com





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