CAPTION Citi Contributes $50,000 to Junior Achievement of Southern California.Citi's Contribution Will Help Fund 'Finance Park' Financial Education Program LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- Please replace the caption with the accompanying corrected caption. The release reads: CITI CITI Columbia Institute for Tele-Information (Columbia University) CITI Center for Information Technology Integration (University of Michigan) CITI Collaborative IRB Training Initiative CONTRIBUTES $50,000 TO JUNIOR ACHIEVEMENT OF SOUTHERN CALIFORNIA Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, Citi's Contribution Will Help Fund 'Finance Park' Financial Education Program Junior Achievement of Southern California announced that Citi (NYSE NYSE See: New York Stock Exchange : C) is donating $50,000 to the organization's "Finance Park" financial education program - an effort to improve the financial literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK. of young people. Vikram Pandit Vikram Pandit received an MS degree in 1977 and a BS degree in electrical engineering in 1976 from Columbia. He also earned a PhD in Finance from Columbia University in 1986. , 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 Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against 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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 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 Bernardino, city, United States San Bernardino (săn bûr'nədē`nō), city (1990 pop. 164,164), seat of San Bernardino co., S Calif., at the foot of the San Bernardino Mts.; inc. 1854. , San Luis Obispo San Luis Obispo (săn l  `ĭs ōbĭs`pō), city (1990 pop. 41,958), seat of San Luis Obispo co., S Calif., near San Luis Obispo Bay; inc. 1856. , 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 |
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