September 20, 2014

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CSR Press Release

Toyota Financial Services Reaffirms Its Ongoing Commitment to Addressing Nationwide High School Dropout Rates with a $500,000 Donation to 35 Boys & Girls Clubs

Submitted by: Toyota Financial Services

Categories: Community Development, Corporate Social Responsibility

Posted: Mar 25, 2014 – 10:34 AM EST

 

TORRANCE, Calif., Mar. 25 /CSRwire/ - Toyota Financial Services (TFS) pledges $500,000 to 35 Boys & Girls Clubs as part of its on-going commitment to addressing the national high school dropout rate. Boys & Girls Clubs encourage high school graduation and college readiness by helping youth develop the academic, behavioral and social skills needed to be successful. According to a recent survey conducted at local Clubs, 97% of Club teens expect to graduate from high school, and 28% of Club Alumni said they would have dropped out without the Club’s influence.

Denise Aranda, a 12th grader at Carson High School in Carson, California, experienced the traumatic loss of both of her parents at a young age. In 11th grade, she joined the Boys & Girls Clubs of Carson in search of a positive environment with caring adults to provide her with the support she needed. After joining the Club, things improved in her life. Now a senior, Denise is looking forward to graduating high school and a great future.

“After all the deaths in my family, I felt like there was nothing to live for,” said Denise. “Because of the great people, friends, and family the Boys & Girls Clubs have provided, I stand here today grateful and hopeful for the future.”

“Making a difference in just one member’s life is critical to the success of our youth and our nation’s future,” said Mike Groff, President and CEO of TFS and National Trustee for the Boys & Girls Club of America (BGCA). “Toyota is committed to combating the national dropout crisis by supporting BGCA’s academic success programs, and also focused on making a difference at a local level with over 200 TFS volunteers serving as mentors at local Boys & Girls Clubs.”

In collaboration with The Darden Restaurants, Inc. Foundation Toyota currently supports the academic success of thousands of Boys & Girls Clubs teens through a college-readiness program called Diplomas to Degrees (d2D). The additional $500K donation will help Clubs supplement their current programs, offer support for Club operations, and increase their capacity to serve more youth.

The 35 Boys & Girls Clubs will benefit from the donation, which is an increase from last year’s donation with the addition of 19 new Clubs.

For additional information about TFS’ involvement with BGCA, interviews with Club Executives and members, or on-site tours and/or interviews at one of the supported clubs, please contact Lauren Martin, at laurenm@imre.com or 213-289-9190.

About Toyota Financial Services
TFS is the finance and insurance brand for Toyota in the United States, offering retail auto financing and leasing, as well as commercial equipment, truck, and fleet financing, through Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust.  TFS also offers extended service contracts through Toyota Motor Insurance Services (TMIS).  Lexus Financial Services is the brand for financial products for Lexus dealers and customers. TFS currently employs approximately 3,300 associates nationwide, and has assets totaling over $99.7 billion.  It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation. 

We announce material financial information using the investor relations section of our website (www.toyotafinancial.com) and SEC filings. We use these channels, press releases, and social media to communicate about our company, our services and other issues.

While not all information we post on social media is of a material nature, some information could be material. Therefore, we encourage those interested in our company to review our posts on Twitter at www.twitter.com/toyotafinancial. For more information, please visit www.toyotafinancial.com.

About Boys & Girls Clubs of America
For more than 100 years, Boys & Girls Clubs of America (GreatFutures.org) has enabled young people most in need to achieve great futures as productive, caring, responsible citizens. Today, nearly 4,000 Clubs serve some 4 million young people through Club membership and community outreach. Clubs are located in cities, towns, public housing and on Native American lands throughout the country, and serve military families in BGCA-affiliated Youth Centers on U.S. military installations worldwide. They provide a safe place, caring adult mentors, fun and friendship, and high-impact youth development programs on a daily basis during critical non-school hours. Club programs promote academic success, good character and citizenship, and healthy lifestyles. In a Harris Survey of alumni, 57 percent said the Club saved their lives. National headquarters are located in Atlanta. Learn more at http://bgca.org/facebook and http://bgca.org/twitter.

For more information, please contact:

Lauren Martin Senior Account Executive
Phone: 213-289-9190

 

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