Lincoln Financial Foundation Supports Critical Social Services
More Than $18,000 in Workforce, Economic Development Grants Awarded
Concord, N.H., January 31, 2011 — Lincoln Financial Foundation recently made grants to two New Hampshire nonprofit organizations for programs that foster adult literacy and provide adult college preparedness and job readiness training. The workforce and economic development grants totaled $18,400.
The New Hampshire Humanities Council received $10,000 for its Connections adult literacy program. Connections creates new communities of adult readers, promotes library patronage and continuing education and reinforces family literacy. Lincoln Foundation's support will allow Connections to expand to reach additional immigrant populations as well as to extend the program's reach within prison populations and rural New Hampshire communities.
An $8,400 grant to Second Start will support College Bridge, a structured curriculum that prepares adults for college or other postsecondary training. Successful students will transition into college or will have a different career path identified for them. The program also has an English-as-a-second-language component.
These workforce and economic development grants are a portion of Lincoln Foundation's $390,400 in overall support for New Hampshire nonprofits in 2010. Lincoln Financial Group allocated more than $10.3 million last year to Lincoln Foundation for philanthropic activities in the communities where its employees work.
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 allocated more than $300,000 to support nonprofits in New Hampshire in 2009. Since 2006, the Lincoln Foundation has contributed more than $1.3 million to New Hampshire 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.