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PRESS RELEASES

This document is dated February 15, 2012. It may not be accurate after such date and LNC does not undertake to update or keep it accurate after such date.
   
 

Workforce Education and Economic Development Focus of Philadelphia Lincoln Foundation Grants
Local Nonprofits Receive $145,000 in Grants

PHILADELPHIA, February 15, 2012 — Grants from Lincoln Financial Foundation are helping local nonprofits provide workforce education, build literacy and stimulate economic development in Philadelphia. Lincoln Foundation recently awarded $145,000 in workforce and economic development grants to 12 Philadelphia nonprofits working in these areas.

The Free Library of Philadelphia received $25,000 for the Job Readiness Center housed at its Paschalville Branch. The center serves unemployed and underemployed Philadelphians from all neighborhoods, but especially the economically distressed Southwest Philadelphia community in which it operates.

The Job Readiness Center offers free, comprehensive and individualized instruction to help clients compete in today's challenging job market. It provides one-to-one guidance to establish email accounts, create resumes, search and apply for jobs, prepare for interviews and connect with GED and English as a Second Language courses.

Other workforce and economic development grants awarded include:

  • $20,000 to the Doe Fund for the Ready Willing and Able Career Development program, providing homeless and formerly incarcerated men with support to enter the workforce, including a transitional work program, occupational training and job placement.
  • $17,500 to Congreso to support Building Computer Literacy Skills for Workforce Success, helping adults for whom English is a second language succeed in the workplace.
  • $12,500 to The Business Center for Entrepreneurship and Social Enterprise for its small business programs, providing support to business owners and prospective businesses in Northwest Philadelphia.
  • $12,500 to Community Learning Center for its Education and Support Services that help adult learners acquire the academic, transition and life skills needed to meet their educational and employment goals.
  • $12,500 to NPowerPA to provide 12 nonprofit organizations with technology assessments and planning evaluations to help them use technology to further their mission.
  • $10,000 to Inglis Foundation for Community Employment Services enabling people with disabilities to find higher-wage, more secure jobs to sustain independent lives.
  • $10,000 to Metropolitan Career Center for STRIVE Plus (Support and Training Results in Valuable Employees), a 10-week program during which employment advisors work closely with adults on their job search and placement.
  • $7,500 to Consumer Credit Counseling Service of Delaware Valley for the Financial Smarts program to provide financial education courses and one-on-one counseling sessions on credit reports and budgeting for participants.
  • $7,500 to Programs Employing People for the Emerging Adult Project, providing families and caretakers of special needs high school students with information and support to bridge the transition from high school to adult service supports.
  • $5,000 to Baker Industries for its Workforce Development program, which helps train adults and provide job placement, mentoring and a resource network for adults released from jail and adults with severe mental or physical challenges.
  • $5,000 to Greater Philadelphia Urban Affairs Coalition for its Financial Advancement Network Club to help low- and moderate-income households strengthen their financial lives through peer support and personal financial knowledge and increased confidence.

About Lincoln Financial Foundation
The Lincoln Financial Foundation, established in 1962, is a nonprofit organization formed and supported by Lincoln Financial Group. Under Lincoln Foundation guidelines, grants are made in the areas of arts, education, human services and workforce/economic development. The Lincoln Foundation awarded more than $2.1 million to support nonprofits in Philadelphia in 2011. Since 1999, the Lincoln Financial Foundation has contributed more than $26 million to Philadelphia-area nonprofits.

About Lincoln Financial Group
Lincoln Financial Group has set aside almost $10 million of its pre-tax earnings for charitable causes that support philanthropic endeavors in the communities where its employees work. hou 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 $160 billion as of December 31, 2011. 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.

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For more information:

Media Contacts:
Ayele Ajavon
484-583-1632
E-mail: MediaRelations@LFG.com


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



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