Lincoln Foundation Grants Target Adult Education
More Than $72,000 in Economic and Workforce Development Grants Awarded
Concord, NH, December 17, 2012 — Grants from Lincoln Financial Foundation are promoting adult literacy, financial education and job training in New Hampshire. Lincoln Foundation recently awarded $72,600 in economic and workforce development grants to five local nonprofit organizations, a portion of $500,000 in charitable funds that Lincoln Foundation has allocated for the area in 2012.
The Concord Area Trust for Community Housing (CATCH) received $27,500 to create a regional center for home buyer education. The grant helps fund a collaboration between CATCH Neighborhood Housing and NeighborWorks Greater Manchester to develop a regional home ownership center that will serve the residents of Hillsborough, Merrimack and Rockingham counties. This effort will maximize efficiencies in service delivery while providing comprehensive home ownership services in New Hampshire's southern tier. This grant also continues Lincoln Foundation's support of CATCH's Home Buyer and Financial Success Center during the transition to a regional center.
Other economic and workforce development grants awarded include:
New Hampshire Humanities Council for the Connections Adult Literacy program, which prepares illiterate or semi-literate New Hampshire adults to enter the workforce by improving their reading skills.
More than Wheels for its Credit Repair program that helps consumers address their credit issues by changing their financial behavior.
Second Start for College Bridge 101, a transitional education program for refugees and immigrants that provides English as a Second Language classes and computer education, preparing them for college and other postsecondary training.
The Upper Room for the GED Options program which provides instruction for up to 45 youth ages 16-21 at Pinkerton Academy high school who elect the GED alternative.
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 almost $500,000 to support nonprofits in New Hampshire in 2011. Since 2006, the Lincoln Foundation has contributed more than $2.65 million to New Hampshire 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. 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 $174 billion as of September 30, 2012. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental 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.