The Standard Charitable Foundation, the philanthropic arm of Standard Insurance Company (“The Standard”), has awarded a $25,000 grant to Junior Achievement of Oregon and SW Washington. The grant will support JA Finance Park, a financial literacy program designed to engage middle and high school students across Oregon and SW Washington in the world of personal finance.
“We’re very pleased to have the support of The Standard, particularly because they are one of the region’s predominant financial services organizations,” said John Hancock, president of Junior Achievement. “This grant will help JA continue providing youth across Oregon and SW Washington with the financial literacy skills they need to survive, thrive and contribute to our region’s economy.”
JA Finance Park involves a combination of in-class curriculum and culminates in an on-site simulation experience. The program space is designed as a mini-city comprised of 16-18 businesses. Students, assuming fictional adult roles for a day, develop realistic budgets as they move from business to business. The program gives students a strong foundation of real-world money management skills, teaching them how to make realistic budget decisions about everything from food, housing and utilities, to insurance and transportation, and to understand the basics of maintaining a balanced household budget.
“We’re proud to support the JA Finance Park program, which helps prepare today’s youth for a brighter future with its focus on personal financial literacy,” said Greg Ness, president of The Standard Charitable Foundation and chairman, president and CEO at The Standard. “By teaching youth about budgeting, investing and saving, JA Finance Park will set them on a course for financial well-being and peace of mind as adults. As a provider of financial services, support of this program was a natural fit for The Standard.”
To learn more about The Standard Charitable Foundation, please visit www.standard.com/foundation.
To learn more about Junior Achievement of Oregon and SW Washington, please visit http://jaorswwa.org/
About The Standard Charitable Foundation
The Standard Charitable Foundation is the independent charitable and philanthropic arm of The Standard. Founded in 2006, the Foundation’s mission is to make a positive difference in communities by supporting community development, education, disability and health organizations. While the Foundation has a broad goal of making a positive difference in communities, it places special emphasis on helping individuals and families who have experienced a loss or setback such as a major disability or the loss of a loved one. Since 2006, The Standard, its employees and The Standard Charitable Foundation have contributed more than $13 million in grants and social investments.
About The Standard
The Standard is a leading provider of financial products and services, including group and individual disability insurance, group life, AD&D, dental and vision insurance, retirement plans products and services, individual annuities and investment advice. For more information about The Standard, visit www.standard.com.
The Standard is the marketing name for StanCorp Financial Group, Inc., and its subsidiaries: Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, Inc., StanCorp Investment Advisers, Inc., StanCorp Real Estate, LLC, and StanCorp Equities, Inc.
About Junior Achievement of Oregon & SW Washington
Operating nationally since 1919, and for 62 years in Oregon and SW Washington, Junior Achievement is a nonprofit organization that partners with schools and businesses to provide business, economics and life-skills programming for youth. Our mission is to ensure young people are empowered to succeed in a global economy.