Local youth will learn how to be more financially knowledgeable due to a grant the Walmart Foundation presented to Junior Achievement of Northern Indiana (JA). The grant will supports JA offices throughout the state as they deliver financial literacy programs specifically targeted at middle and high school students.
Across Indiana, JA will serve more than 133,443 youth through an investment exceeding $5 million and more than 8,900 JA volunteers will mentor these students. Locally, JA serving LaGrange will receive $754 from the state grant of $40,000.
Provided in a safe school environment, JA helps prepare young people for the real world by showing them how to:
· Generate wealth and effectively manage it;
· Prepare and live within a personal family budget;
· Avoid a credit crisis;
· Save for the future.
JA Board President Erica Barrows, said JA programs empower students to make a connection between what they learn in school and “how it applies in the real world. This enhances the relevance of their classroom learning and increases their understanding of the value of staying in school.”
The $40,000 grant which benefits the entire state was the result of an appeal from JA of Northern Indiana on behalf of the JA operations throughout the Indiana to the Walmart State Giving program.
“There’s an old saying – Think globally but act locally. That’s Walmart’s philosophy in helping the communities in which we do business and our associates live,” said John Wolf, Walmart market manager for the Ft. Wayne area. “A few years ago, the Walmart Foundation recognized it must find out what local communities need to thrive and improve the lives of their friends and neighbors.”
To do that, he said, the foundation created the State Giving Program. The State Giving Program asks not-for-profit organizations in communities as Ft. Wayne to submit requests which are then reviewed by local area Walmart associates.
In 2010, Walmart stores, Sam's Club locations, and the Walmart Foundation gave more than $25.6 million in cash and in-kind donations to local organizations in the communities they serve Indiana. Through additional funds donated by customers and Walmart and Sam’s Club associates throughout the state, the retailer’s contributions in Indiana totaled more than $28.2 million.