Chrysler Financial Donates $495,000 to Congressional Black Caucus Foundation: Funds Support Personal Finance Education for Stud
07 Septembre 2006 - 1:00PM
PR Newswire (US)
WASHINGTON, Sept. 7 /PRNewswire-FirstCall/ -- Chrysler Financial
announced today a three-year partnership with the Congressional
Black Caucus Foundation (CBCF) to advance personal finance
education for students at Historically Black Colleges and
Universities. The automotive finance company presented a donation
of $495,000 in support of the CBCF's SHOP for Wealth program, a
seminar designed to teach students how to effectively manage their
personal finances and build wealth. "We are pleased to partner with
the Congressional Black Caucus Foundation and top decision-makers
in the African-American community nationwide to deliver financial
education and empowerment programs," said William F. Jones Jr.,
Vice President - Chrysler Financial. "This innovative private- and
public-sector partnership will drive positive social change by
helping young people to make good financial choices benefiting them
for a lifetime." Chrysler Financial will provide financial
resources and know-how to build on the SHOP for Wealth curriculum.
The Congressional Black Caucus Foundation established the workshop,
formerly known as the Student Homeownership Opportunity Program, in
February of 2003. The seminar focuses on establishing good credit
health, debt management and wealth building. Starting next year,
both organizations will start rolling out a new SHOP for Wealth
program at approximately 14 Historically Black Colleges and
Universities across the United States. "We are excited to partner
with a good corporate citizen and one of the leading automotive
finance companies in the nation," said Congressman Kendrick B. Meek
of Florida and Chairman of the Congressional Black Caucus
Foundation. Congressman Meek accepted the donation as part of the
CBCF's 36th Annual Legislative Conference at the Washington
Convention Center. "We will reach thousands of African-American
students and assist them in learning how to manage their money and
build prosperous lives." Chrysler Financial has been committed to
financial empowerment for years. The company partnered with Russell
Simmons' Hip-Hop Summit Action Network (HSAN) and launched "Get
Your Money Right" tours in major U.S. metropolitan areas. HSAN
plans to support Chrysler Financial's and the CBCF's joint
community venture moving forward. In addition, Chrysler Financial
engaged in a number of other financial health initiatives and
partnerships, including the Financial Lifeskills program taught by
Chrysler Financial employees in select Michigan high schools,
Money$mart Week, the Jump$tart Coalition for Personal Financial
Literacy and the American Financial Services Association. About
Congressional Black Caucus Foundation The Congressional Black
Caucus Foundation, Inc. (CBCF) was established in 1976 as a
non-partisan, non-profit, public policy, research and educational
institute. Its mission is to serve as the non-partisan
policy-oriented catalyst that educates future leaders and promotes
collaboration among legislators, business leaders, minority-focused
organizational leaders and organized labor to effect positive and
sustainable change in the African American community. For more
information on the CBCF visit http://www.cbcfinc.org/ . About
Chrysler Financial Chrysler Financial offers a complete line of
world-class automotive financial products and services for both
dealers and consumers of Chrysler, Jeep(R) and Dodge vehicles. In
addition to offering vehicle wholesale and retail financing,
Chrysler Financial provides fleet management and lines of credit to
Chrysler Group dealers. As an industry leader in automotive
financing, Chrysler Financial provides its customers with the most
innovative and efficient methods of doing business. Chrysler
Financial is committed to serving as a good corporate citizen in
the communities where we live and work. We strive to make a lasting
and positive difference by focusing on education, especially
financial education, community advancement and arts and culture.
Chrysler Financial provides support to our communities in the form
of financial resources, the transfer of skills and knowledge, as
well as through volunteerism. For more information on Chrysler
Financial visit http://www.chryslerfinancial.com/ . DATASOURCE:
Chrysler Financial CONTACT: Stephan Koller of Chrysler Financial,
+1-248-427-3120, Cell: +1-248-202-1707 Web site:
http://www.chryslerfinancial.com/ http://www.cbcfinc.org/
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