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LOS ANGELES, Oct 28, 2009 (BUSINESS WIRE) -- Junior Achievement of Southern California announced that Citi (NYSE: C) is donating $50,000 to the organization's "Finance Park" financial education program -- an effort to improve the financial literacy of young people. Vikram Pandit, Citi's Chief Executive Officer, presented the donation and outlined details of Citi's commitment to financial education at Junior Achievement's Southern California office in Los Angeles.
The Finance Park is a five-week, teacher-led, standards-based, financial education program that introduces personal financial planning and career exploration, culminating in a day-long visit at Junior Achievement's Finance Park site. Since 1999, Citi has made 13 grants totaling $385,500 to Junior Achievement of Southern California to support financial literacy, particularly through programs that benefit students from underserved communities.
Gary W. Hickman, President and CEO of Junior Achievement (Southern California), said, "We are grateful and encouraged by Citi's generous donation and commitment to our mission. Citi's $50,000 contribution will greatly enhance our financial education curriculum and will help Junior Achievement continue to grow tremendously and lead the way in teaching personal financial responsibility." "Junior Achievement's 'Finance Park' program is an example of the important work being done to educate young people on credit and debt, saving and investing, money management, and career goals," said Rebecca Macieira-Kaufmann, President of Citibank California. "Citi is a longtime supporter of Junior Achievement, and we are pleased that this contribution will directly benefit the communities we both serve." Citi is also a major sponsor of Junior Achievement worldwide. Since 2004, Citi and the Citi Foundation have contributed more than $20 million to Junior Achievement programs across the globe.
About Junior Achievement of Southern California Junior Achievement of Southern California has educated children and inspired them to serve their communities. It is one of the largest and fastest-growing organizations in Southern California dedicated to educating young people about entrepreneurship, workplace readiness and financial education. Junior Achievement of Southern California serves ten counties of Los Angeles, Kern, King, Orange, Riverside, San Bernardino, San Luis Obispo, Santa Barbara, Tulare and Ventura and, this year, more than 10,000 volunteers will teach programs and provide children with positive role models.
About Citi Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6086295&lang=en SOURCE: Citi CONTACT: Junior Achievement Media: Gary Hickman, 323-228-5572 or Citi Media: Rob Julavits, 415-658-4310 Copyright Business Wire 2009 -0- KEYWORD: United States
North America
California INDUSTRY KEYWORD: Education
Continuing
Philanthropy
Professional Services
Banking
Finance
Children
Teens
Training
Consumer
Fund Raising SUBJECT CODE: Product/Service
Photo/Multimedia


