Exelon Foundation Awards Grant to Aspira of Pennsylvania to Enhance Science, Technology, Engineering and Math Programs

  Exelon Foundation Awards Grant to Aspira of Pennsylvania to Enhance Science,
  Technology, Engineering and Math Programs

 Three-year grant totaling $450,000 will expand STEM education opportunities
              for students at several Philadelphia-area schools

Business Wire

CHICAGO -- December 19, 2012

The Exelon Foundation today announced a grant of $450,000 to ASPIRA, Inc., of
Pennsylvania to expand educational programs in science, technology,
engineering and math (STEM) at five Philadelphia-area charter schools. The
schools, which are operated by ASPIRA, will receive $150,000 per year over
three years to fund growth in STEM programs that will reach approximately
4,090 students.

ASPIRA’s STEM programs engage students through lessons in robotics and
rocketry, as well as other technological challenges. The organization also
enhances learning through a partnership with NASA, a district-wide science
fair and STEM internships that provide students opportunities to apply their
knowledge in the community.

The five schools benefiting from the grant are the Eugenio Maria de Hostos
Charter School, Antonia Pantoja Charter School, ASPIRA Bilingual Cyber Charter
School, Olney Charter High School and John B. Stetson Charter School.

“ASPIRA has created an expansive STEM educational program to prepare students
for high-demand careers of the future, many of which will be in the
competitive fields of math, science and engineering,” said Steve Solomon,
president of the Exelon Foundation. “We’re proud to partner with an
organization that is helping students acquire the skills they will need to
succeed, while also learning to be leaders in their communities.”

The Exelon Foundation grant will help fund additional robotics and rocket
kits, new technology, equipment, infrastructure improvements and STEM faculty
salaries and benefits. Program activities will be integrated into classroom
and after-school programs.

The Exelon Foundation grant builds on ASPIRA’s existing partnership with PECO,
an electric and natural gas utility subsidiary of Exelon Corporation. PECO
will provide employee volunteer support, board service and project management
for ASPIRA’s STEM programs.

“ASPIRA of Pennsylvania is sincerely grateful for the Exelon Foundation’s
support of our local schools and PECO’s continued partnership to consistently
advance STEM education,” said Alfredo B. Calderón, president and chief
executive officer of ASPIRA, Inc., of Pennsylvania. “These relationships are
vital to the advancement of our community and have a lasting, positive impact
on our families and children.”

The grant to ASPIRA is part of a larger effort by Exelon Foundation and PECO
to support the development of STEM education programs at schools in the
region. Earlier this year, the Exelon Foundation and PECO provided a $1
million grant to Widener University for the development of a STEM education
program at Widener Partnership Charter School in Chester, PA. PECO also
provided a $1 million grant to Drexel University in 2011 for the development
of STEM education programs at two West Philadelphia elementary schools.

About the Exelon Foundation

The Exelon Foundation is an independent, non-profit organization funded solely
by Exelon Corporation, an energy company, through shareholder dollars. The
Foundation supports non-profit, tax-exempt organizations primarily within the
service territories of Exelon and its operating companies. The mission of the
Foundation is to encourage respect for the environment and strengthen the
social and economic fabric of the community by supporting programs in the
areas of environment and conservation, innovative math and science education,
and diversity and tolerance.

About ASPIRA of Pennsylvania

Since 1969, ASPIRA of PA has served vulnerable communities in north
Philadelphia by focusing on the education of young people, and developing
their leadership potential, self-esteem and pride in their cultural heritage.
Since 2008, ASPIRA of PA has founded and operated a variety of charter
schools, including traditional charters, a cyber charter and restart schools
from the School District of Philadelphia. ASPIRA specializes in serving
special student populations, dual language instruction and a holistic approach
to youth achievement. ASPIRA of PA’s proven success with increasing student
academic proficiency and behavior has enabled the organization to now operate
five charter schools and several enrichment programs spanning PreK -12^th
grades. For more information: www.aspirapennsylvania.org.


Exelon Corporate Communications
Paul Adams, 410-470-4167
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