State Farm Recognized at Annual Awards Gala
State Farm has positively impacted youth financial education for more than 15 years by providing funding for schools, by supplying program volunteers and by facilitating community partnerships. In 2019, State Farm awarded $50,000 to supply Young AmeriTowne student workbooks and to fund the Send-a-School Initiative, which provides scholarship funds that enabled 8,271 youth to participate in Young AmeriTowne or International Towne last year. State Farm also facilitated a partnership with Aurora Public Schools, enabling 2,177 students to gain a hands-on lesson in financial education.
The Linda Childears Free Enterprise award was created to honor an extraordinary woman, Linda Childears, who turned Bill Daniels' vision of a bank for kids into a reality by creating Young Americans Bank in 1987. Current President and CEO of Daniels Fund, Linda was the first President and CEO of Young Americans Bank and what is now known as Young Americans Center for Financial Education, which still houses the only bank in the world specifically designed for kids.
At the Spotlight on YouthBiz Stars event, Agency Field Executive Greg Rideout accepted the Linda Childears Free Enterprise Award on behalf of State Farm. "This is truly an honor," said Greg during the event. "Our support of financial literacy training provides students with avenues to pursue academic pathways."
About Spotlight on YouthBiz Stars and Young Americans Center
Spotlight on YouthBiz Stars is a business competition and awards gala that benefits the programs of Young Americans Center for Financial Education, a nonprofit charity that reaches nearly 70,000 youth every year through hands-on programs and real-life experiences to develop financial literacy in youth.
Visit https://yacenter.org to learn more about Young Americans' resources for young business owners, as well as flagship programs Young AmeriTowne, International Towne, and Young Americans Bank in Denver, the only FDIC insured real bank in the world designed specifically for young people (age 21 and under).
Young Americans Center for Financial Education