State Farm Presentation
RIVERSIDE, Calif., August 26, 2010 – State Farm is teaming up with Axis Foundation, Inc. to support youth financial literacy and business development programming. State Farm’s support will be highlighted at the Riverside Christian School (3532 Monroe, Riverside CA 92504) at approximately 4:30pm on August 26th, 2010. The objective of this benefit is to raise scholarship funds for 40 youth to obtain professional training from the AXIS Foundation, Inc.’s Intro to Culinary and Hospitality Management Training Program. State Farm has promised to provide $5,000 toward this initiative.
The support from State Farm funds the financial literacy portion of the Intro to Culinary and Hospitality Management Training Program in hopes that the skills acquired will help positively impact these young peoples’ futures. The funding additionally provides at-risk youth ages 14 to 22 with online technology access and computer assisted learning for financial literacy, entrepreneurial training, educational enrichment, life skills training, plus the possibility of job search assistance for the older youth and unemployed or underemployed adult family members.
Axis Foundation is enthusiastic about this support, which is an integral part of their “Step-Up” program, targeting low-and moderate income youth and their families in order to assist them in developing sound financial management skills and habits that will lead to self-sufficiency and asset development.
“State Farm’s mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. We understand that these young men and women have encountered many obstacles at their young age but still have the desire to fulfill their dreams. We appreciate that AXIS Foundation, Inc. sees the importance of developing more than culinary experts, but well rounded young people; who not only have the opportunity to pursue their passion for cooking but have the business foundation necessary to become successful.”
About State Farm®
State Farm insures more cars and homes than any other insurer in the U.S., is the leading insurer of watercraft and is also a leading insurer in Canada. State Farm’s 17,700 agents and more than 67,000 employees serve 81 million policies and accounts – almost 79 million auto, fire, life and health policies in the United States and Canada, and nearly 2 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 31 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com® or in Canada statefarm.ca®.
Axis Foundation, Inc. is a non-profit organization dedicated to unlocking the potential of at-risk young people of Riverside County, California in order to build and sustain healthy communities.