Junior Achievement of Southeast Texas Receives $16,000 Grant From The UPS
HOUSTON, June 15, 2012
HOUSTON, June 15, 2012 /PRNewswire-USNewswire/ -- Junior Achievement of
Southeast Texas received a $16,000 grant from The UPS Foundation, the
charitable arm of UPS (NYSE:UPS). The grant will be used to provide financial
literacy to Houston-area students by participating in the JA Finance Park
Through JA Finance Park Virtual, students design personalized avatars and are
assigned a randomly-generated life-scenario, including a fictional job, age,
income, educational background and family. Based on that scenario, students
are then tasked with meeting real-life needs such as successfully developing a
budget, maintaining a household and pursuing a career.
"Financial literacy is a critical life skill for everyone, with something to
learn at every age, but research shows that many students don't understand the
basic principles of personal finance, and this can impact their future
success," said Rick Franke, president, Junior Achievement of Southeast Texas.
"The hands-on practical money-management skills provided through JA Finance
Park Virtual are applicable to real life situations and help students set and
reach financial goals both now and as adults. Through the generous support of
The UPS Foundation this means that hundreds of more Houston-area students will
have the opportunity to participate in this unique program."
Established in 1951 and based in Atlanta, The UPS Foundation identifies
specific areas where its backing clearly impacts social issues. In support of
this strategic approach, The UPS Foundation has identified the following focus
areas for giving: nonprofit effectiveness, encouraging diversity, community
safety and environmental sustainability.
In 2011, The UPS Foundation distributed more than $45.3 million worldwide
through grants that benefit organizations such as Junior Achievement of
Southeast Texas and provide support for building stronger communities.
"The UPS Foundation is honored to support Junior Achievement of Southeast
Texas' efforts to empower young people to own their economic success," said
Eduardo Martinez, president of The UPS Foundation. "Our goal is to fund
powerful programs that make a lasting difference to the global community."
CONTACT: Kevin Hattery, +1-713-682-4500 ext. 231, email@example.com
SOURCE Junior Achievement of Southeast Texas
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