Lincoln Foundation Fosters Economic Growth
Local Nonprofits Receive Workforce and Economic Development Grants
Omaha, Neb., January 12, 2011 — Lincoln Financial Foundation is helping to expand high-growth entrepreneurship ventures in Omaha through a grant to the Greater Omaha Chamber of Commerce Foundation. The $25,000 grant will support the Chamber's Entrepreneurship and Innovation Program, which is aimed at sparking economic growth in the region.
The Chamber initiative grows high-impact entrepreneurship through three programs. Cornstalks provides entrepreneurs with light education, networking and technical advisers. Nebraska Fellows identifies potential high-growth entrepreneurs and matches their interests and strengths with partnering businesses to build strong, innovative teams. The project's Entrepreneurship Mentoring Programs offers four types of human capital coaching, mentoring and support.
"The Chamber has been at the forefront of economic development efforts in the region, and we are proud to continue our support of this high-growth initiative," said Sandi Kemmish, director of the Lincoln Foundation.
Other workforce and economic development grants awarded by the Lincoln Foundation include:
Greater Omaha Alliance for Business Ethics to support programs that bring business leaders together to develop stronger business ethics policies.
Family Housing Advisory Services to support financial literacy education outreach to low-income adults.
Chicano Awareness Center (Latino Center of the Midlands) for adult literacy programs, GED and computer technology.
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, education, human services, and workforce/economic development. 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 awarded more than $400,000 to support nonprofits in Omaha in 2009. Since 2006, the Lincoln Financial Foundation has contributed more than $1.3 million to Omaha-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 $150 billion as of September 30, 2010. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability 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.