The Western Union Foundation Announces its Commitment to Grants Supporting
ENGLEWOOD, Colo. -- May 07, 2013
The Western Union Foundation has furthered its commitment to increasing access
and improving the quality of education globally through its 2013 first quarter
grant commitment of more than US$1.2 million to nonprofit non-governmental
To address the lack of quality global education, The Western Union Company and
The Western Union Foundation have launched a new program called Education for
Better, a three-year commitment to growing young minds through strategic
grants that focus on secondary education and vocational training. As part of
this commitment, the Western Union Foundation pledged an average of $10,000
per day for more than 1,000 days in potential grant funding.
“The lack of universal access to quality education is a significant problem
with a very clear solution,” said Patrick Gaston, president of the Western
Union Foundation.“Through Education for Better, we look forward to making a
direct impact through our grant-making and developing collaborations with
NGOs, business partners and the public sectors that are committed to expanding
educational opportunities for global communities.”
For 774 million people around the world, the lack of education is a barrier to
economic inclusion^1. In Sub-Saharan Africa, as many as 73 percent of students
don’t attend secondary school, largely due to cost^2. And, in Europe, one in
five students don’t reach minimum skill levels to function in society^3.
Western Union’s Agents are already rallying around the Education for Better
cause, matching Western Union Foundation grants to support education in
Africa, Asia Pacific, the Middle East and the Americas. The Western Union
Foundation works closely with Western Union’s Agents around the world to
support educational goals.
To address these issues, following is a sample of the NGOs that the foundation
has committed to support in Q1 2013:
Africa: In Kenya, a grant will support KickStart, a program that focuses on
small business training for farmers to help them learn skills to increase
Asia: The Western Union Foundation will support Give2Asia programs that focus
on vocational education for low-income families in China, India, the
Philippines, and Fiji/Samoa.
Europe: A grant to the Vielfalter Initiative will support cultural diversity
education in more than 100 schools throughout Austria.
India: Through Divya Chaya Trust, a grant will support computer literacy
programs, English training, and career counseling, helping youth from
economically weak families secure opportunities for higher education and
Sources: 1. United Nations Educational, Scientific and Cultural Organization
(UNESCO), 2. Global Campaign for Education 3. Equity and Quality in Education:
Supporting Disadvantaged Students and School, OECD, 2012
About Western Union
The Western Union Company (NYSE:WU) is a leader in global payment services.
Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business
Solutions branded payment services, Western Union provides consumers and
businesses with fast, reliable and convenient ways to send and receive money
around the world, to send payments and to purchase money orders. As of March
31, 2013, the Western Union, Vigo and Orlandi Valuta branded services were
offered through a combined network of approximately 515,000 agent locations in
200 countries and territories. In 2012, The Western Union Company completed
231 million consumer-to-consumer transactions worldwide, moving $79 billion of
principal between consumers, and 432 million business payments. For more
information, visit www.westernunion.com.
AboutThe Western Union Foundation
The Western Union Foundation is dedicated to creating a better world, where
the ability to realize dreams through economic opportunity is not just a
privilege for the few but a right for all. With the support of The Western
Union Company, its employees, Agents, and business partners, The Western Union
Foundation works to realize this vision by supporting education and disaster
relief efforts as pathways toward a better future. Our combined social
ventures efforts make life better for individuals, families and communities
around the world. Since its inception, The Western Union Foundation has
committed more than $86.9 million in grants and other giving to more than
2,627 nongovernmental organizations in more than 130 countries and
territories. To learn more, visit www.westernunionfoundation.org.
Kelly Behm, +1 720-332-1269
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