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Financial Literacy Education in Good Hands
Allstate and The Allstate Foundation have been longtime supporters of Junior Achievement, providing hundreds of classroom volunteers and significant financial contributions to JA operations all across the United States. The same values that guide Allstate's business — integrity, caring, initiative and innovation — support Junior Achievement's purpose and make Allstate and The Allstate Foundation perfect partners in reaching young people with Junior Achievement programs.
Allstate and Junior Achievement have been in partnership since 1952. Since 2000, the cornerstone of the partnership with Junior Achievement has been the sponsorship of the JA Economics for Success™, a middle grades financial literacy program. Since implementation in the 2005-06 school year, JA Economics for Success has reached more than 600,000 students in classrooms around the globe. Additional aspects of the partnership include:
Since 2000, Allstate has contributed more than $5 million to local JA operations for the delivery of Junior Achievement programs and more than $4 million to Junior Achievement.
Allstate is represented on 21 Junior Achievement boards in the U.S. including Cathy Brune, SVP and Chief Information Officer, who sits on the boards of Junior Achievement of Chicago and Junior Achievement. During 2007-08 fiscal year, 447 Allstate volunteers taught Junior Achievement classes.
The Allstate Foundation provides ongoing support for JA Economics for Success, and annually sponsors the Junior Achievement Teens and Personal Finance Poll. The poll surveys teens throughout the United States to better understand their views and opinions about personal financial literacy. Catherine S. Brune supports the poll because "With marketers aggressively targeting teens, now more than ever, kids need to understand how to make wise financial decisions to avoid the pitfalls of debt."
What’s New
Allstate has agreed to sponsor Junior Achievement's National Financial Literacy Month initiative. National Financial Literacy Month is recognized in the United States each April in an effort to highlight the importance of effective money management skills. The initiative is intended to increase awareness among the general public and the business community around Junior Achievement's leadership in the realm of financial literacy education. The Allstate Foundation is committed to the importance and impact of financial literacy.
