In photo (left to right) State Farm employee Kimberly Bacchus, agents Rosanna Estrella, CEO Sabrina Lamb and State Farm's Julio Tejada.
“State Farm is proud to support the World of Money Youth Financial Education Training Institute. It is a pleasure to partner in the communities on positive change!” says Naomi T. Johnson, State Farm Public Affairs-New York Community Relations.
Founded in 2005, the WorldofMoney.org is a New York City based 501(c)(3) non-profit organization whose mission is to empower youth with a sound financial foundation. Now more than ever this organization is needed to break a generational cycle and to change the way youth, Young Moguls (ages 7 - 9); Rising Moguls (ages 10 - 12) and Moguls (ages 13 - 18), view money by equipping them with five tenets for a financially responsible and philanthropic life: learn, earn, save, invest and donate.
The organization was selected as a Promise Place by America's Promise Alliance and by AOL Impact as one of ten top social good organizations in America. Having these basic financial planning tools encourages youth to become family team players, maximize their longer-term financial well-being and to balance consumer and investor behaviours. The curriculum includes basic Mandarin Chinese, Excel, community service and year round alumni activities, including a Parent "Money Matters' Forum. In August 2013 and 2014, we will tour three cities on mainland China.
In August 2012, the Summer Youth Financial Institute graduated 142 youth in an impressive ceremony at Riverside Church. With concerted marketing efforts, the organization is determined to increase the number of youth it educates. Parents, from as far away as Texas and Florida, have registered their children in the New York-based Institute. Founding CEO Sabrina Lamb adds, “Corporate support, like that of State Farm, helps us to empower youth by emphasizing academic success and changing the legacy of family financial instability and poverty. And we urge all youth and their parents to join us in this movement.”
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