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Corporate Social Responsibility
News
4.26.2006 ET
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ING Proudly Supports the National Teacher of the Year Program for Second Consecutive Year
Sponsorship Reinforces ING's Commitment to Education
(CSRwire) ING, a global financial services leader, showed its continued
commitment to education today by announcing it is sponsoring the National
Teacher of the Year Program, a project by the Council of Chief State
School Officers (CCSSO), for the second year in a row. ING executives
will be on hand today at the White House as President George W. Bush names
Kimberly Oliver, from Broad Acres Elementary School in Silver Spring, MD,
as the 2006 National Teacher of the Year.
"ING is proud to sponsor the National Teacher of the Year program again
this year," said Bill Jasien, senior vice president and head of the
education and retail market distribution. "We would like to congratulate
Kimberly Oliver and the other state winners for their commitment to
children across the country."
ING's primary objective is to help educators manage their financial
resources, providing retirement programs and planning to hundreds of
thousands of educators across the country. However, giving back to
educators, those in the classroom, and to communities where our employees
live and where we do business, is also a high priority.
"We believe in the importance of honoring excellence in education and want
to help recognize those teachers who make a difference in the lives of
children everyday," said Rhonda Mims, president of the ING Foundation.
"We also believe it is important to support the entire education system,
and give back in various ways to teachers, children, and organizations
through volunteer efforts, grants and sponsorships,"
In addition to the National Teacher of the Year program, ING honors
education excellence through its ING Unsung Heroes program. This grant
program recognizes k-12 educators for their innovative teaching methods,
creative educational projects, and the ability to make a positive
influence on the children they teach.
Additionally, the ING Foundation, the charitable arm of the U.S. Corporate
Citizenship Program in the US, focuses its foundation giving on financial
literacy and children. Various programs include:
Financial Literacy Program - The overall goal of the ING Foundation
is to put at least 35% of total giving toward financial literacy programs.
ING also recognizes the challenges in education in the U.S. and therefore,
the second largest beneficiaries of financial support are programs and
organizations with an educational focus.
Operation Hope: Banking on our Future - Operation Hope often conducts
financial literacy tours in which business leaders visit inner city schools
to educate low-income students about the importance of money management.
Junior Achievement - Junior Achievement is a group of volunteers,
educators, parents, and other contributors who seek to educate and inspire
young people, grades K-12, to value free enterprise, business, and
economics to improve the quality of their lives. ING has partnered with
Junior Achievement across the country to teach kids the basics of saving
and investing.
Chances for Children - Chances for Children is a global community
development initiative aimed at establishing ING as a leader in providing
educational opportunities for children and youth, both worldwide and in
the communities where we live and work.
About ING
ING Group is a global financial institution of Dutch origin offering
banking, insurance and asset management to more than 60 million private,
corporate and institutional clients in more than 50 countries. With a
diverse workforce of more than 113,000 people, ING comprises a broad
spectrum of prominent companies that increasingly serve their clients
under the ING brand.
In the U.S., the ING family of companies offers a comprehensive array of
financial services to retail and institutional clients, which include life
insurance, retirement plans, mutual funds, managed accounts, alternative
investments, direct banking, institutional investment management,
annuities, employee benefits, financial planning and reinsurance. ING
holds top-tier rankings in key U.S. markets and serves more than 15
million customers across the nation. For more information, visit www.ing.com.
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