Students have learned important entrepreneurship, financial literacy and work readiness skills, thanks to a generous grant from AIG that implemented Junior Achievement (JA) programs at two local schools, PS 86 and JHS 104.
The grant implemented the Capital One / JA New York Mobile Finance Park program on March 9 for 95 students from JHS 104. Eighteen AIG volunteers helped students build a foundation for making intelligent, lifelong, personal financial decisions through a hands-on, experiential four-hour on site experience. On April 4, AIG volunteers taught the JA Ourselves program to 219 students across eight kindergarten classrooms at PS 86. This program introduces students to the intersection of financial literacy and kindergarten social studies learning objectives, including personal economics and the choices people make to meet their needs and wants.
“One of Junior Achievement’s main goals is to empower young people to own their economic success by helping them understand the benefits of saving, budgeting and investing,” said Joseph A. Peri, President of Junior Achievement of New York. “We’re thankful to AIG for providing the resources necessary through this partnership to help our young people grow up to become successful adults.”
This is the fourth year AIG has gifted funds to support Junior Achievement programs to help students gain the knowledge and skills they need to make smart academic and economic choices. Totaling $400,000, this year’s grant will serve schools in 22 locations, including: Amarillo, Texas; Atlanta; Berkeley Heights, NJ; Boston; Chicago; Cleveland, Ohio; Dallas; Fort Worth, TX; Houston; Livingston, NJ; Los Angeles; Nashville; New York; Stevens Point, Wisconsin; Dublin, Ireland; Jakarta, Indonesia; London, England; Lisbon, Portugal; Madrid, Spain; Muntinlupa City, Philippines; São Paulo, Brazil; and Toronto, Ontario. As part of the partnership, AIG employees will engage as dedicated classroom teachers, capstone volunteers and board members, as well as support other special events.
“Junior Achievement’s mission of ‘empowering young people to own their economic success’ makes a real difference in the communities where AIG operates. As a volunteer, I enjoyed seeing the light bulbs go off in the classroom as the students expanded their understanding of the financial responsibilities waiting for them in adulthood. I applaud all of my colleagues who joined me and took the time to engage and assist JA students in charting their financial future,” said Jon Monks, Managing Director at AIG and JA New York Board Member.
Junior Achievement’s programs are in direct correlation with AIG’s commitment to supporting financial education and workforce readiness.
For a video detailing AIG’s volunteer day at the JA New York Mobile Finance Park, click here.
About Junior Achievement of New York
Junior Achievement of New York is the local affiliate of Junior Achievement USA, the nation’s largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. We recruit, train, and mobilize more than 6,200 corporate and community volunteers to provide relevant, hands-on experiences that give students knowledge and skills in financial literacy, work readiness and entrepreneurship. Today, JA New York delivers more than 80,000 student experiences per year to more than 260 NYC, Long Island and Lower Hudson Valley public schools. Visit www.jany.org for more information.
American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG’s core businesses include Commercial Insurance and Consumer Insurance, as well as Other Operations. Commercial Insurance comprises two modules – Liability and Financial Lines, and Property and Special Risks. Consumer Insurance comprises four modules – Individual Retirement, Group Retirement, Life Insurance and Personal Insurance. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com and www.aig.com/strategyupdate | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.
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SOURCE: Junior Achievement of New York
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