Lincoln Financial Foundation Grants Meet Community Need
Workforce Development and Adult Literacy Targeted
Greensboro, N.C., January 24, 2011 — The Lincoln Financial Foundation is helping local nonprofit agencies provide workforce education and foster economic development in Guilford County. Among recent grant recipients, Reading Connections received $20,000 from Lincoln Foundation to increase adult literacy, and Goodwill Industries will use $20,000 to prepare unemployed adults for the workforce.
Reading Connections provides intensive small-group classes supplemented with one-to-one tutoring for adults with low literacy levels. Participants will benefit from the increased independence and employability gained through improved literacy skills. They will be able to set and meet personal, educational and employment goals. Adult literacy is a foundation for short-term economic recovery and long-term economic prosperity in the community.
Goodwill Industries has almost completed a new Community Resource Center in Greensboro. The center will offer evaluations, vocational skills classes, computer labs, career counseling, job search assistance and many other services to the community by an experienced workforce development professional.
The awards to Reading Connections and Goodwill Industries are part of $76,200 in workforce and economic development grants that the Lincoln Foundation recently made to five Greensboro nonprofits.
Other grants awarded include:
Piedmont Triad Partnership for the North Carolina Center for Logistics and Distribution to work with educators, workforce development boards and economic developers to create a demand-driven system for educating and preparing students and workers for employment.
$8,200 to the
Community Foundation of Greater Greensboro for a Board Development Academy, a pilot program for existing and prospective members of local nonprofit boards.
Positive Directions for Youth & Families for life skills and job preparedness training in the Hispanic and Latino community, including financial literacy, adult education and entrepreneurial development.
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 almost $1.4 million to support nonprofits in Greensboro in 2009. Since 2006, the Lincoln Foundation has contributed more than $6.8 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 $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.