Sun Life Financial Accepting Grant Applications from Greater Los Angeles Nonprofit Organizations for Rising Star Awards
Sun Life to award $110,000 in grants & scholarships to nonprofits that are committed to encouraging under-served youth to continue their education
Wellesley, Mass.(April 22, 2013) – The U.S. Business Group of Sun Life Financial Inc. (NYSE:SLF, TSX:SLF) today announced it is accepting Sun Life Rising Star Award grant applications from nonprofit organizations in the Greater Los Angeles area that advocate for youth from under-served communities. Applications are available now at sunliferisingstar.com. The deadline for submissions is June 7.
Sun Life will award two winning organizations with a $50,000 grant, who will each nominate an exemplary student to receive a $5,000 Sun Life Rising Star scholarship towards financing a college education. Later this year, Sun Life will surprise winning students with their scholarships at a special award presentation led by prominent members of the Los Angeles community. Past presentations have included appearances by Chicago Cubs President of Baseball Operations Theo Epstein, and Philadelphia 76ers star Lavoy Allen, as well as support from Sun Life partners including the Boston Celtics and the Miami Dolphins.
The Sun Life Rising Star Awards program, now in its fourth year, provides financial resources to students and nonprofit organizations in large urban school districts that are committed to encouraging under-served youth to continue their education as a means to achieve life-long financial wellness. This year, the program will award grants and scholarships in seven markets including Atlanta, Boston, Chicago, Dallas, Los Angeles, Nashville and South Florida. Through 2013, Sun Life Financial will have committed nearly $4 million to 70 students and 63 nonprofit organizations in 14 cities across the country.
“Sun Life is committed to improving the lives of under-served youth and helping communities understand the benefits of, and connection between education and financial wellness, empowering them to protect what they love most in their lives,” said Sun Life Financial U.S. President Wes Thompson. “We’re proud to help contribute to the future of youth throughout the country through our Rising Star Awards program.”
To be considered for a Sun Life Rising Star Award grant, organizations must have 501(c) (3) tax-exempt status, promote skills that directly translate to educational success in high school to students under the age of 21 and be aligned with a secondary or post-secondary educational institution. In each city, a judging panel comprised of the foremost government officials, community, education and business leaders will evaluate the applications and student nominations.
Student nominees must be high school seniors actively involved in an organization that shares the Sun Life Rising Star Awards’ mission; they must also plan to pursue post-secondary education, exhibit leadership qualities, and demonstrate a strong commitment to their communities. Nominated students are required to submit a 750-word essay on what they love most about their lives and what they do to protect it.
About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. In the United States and elsewhere, insurance products are offered by members of the Sun Life Financial group that are insurance companies. Sun Life Financial Inc., the holding company for the Sun Life Financial group of companies, is a public company. It is not an insurance company and does not offer insurance products for sale in the United States or elsewhere, and does not guarantee the obligations of its insurance company subsidiaries. In the United States, Sun Life Financial provides a range of products and services to employers and their employees, including group and voluntary life, disability, dental and stop-loss insurance products. These products are issued by Sun Life Assurance Company of Canada in all states except New York. In New York, these products are issued by Sun Life Insurance and Annuity Company of New York. Product offerings may not be available in all states and may vary depending on state laws and regulations. For more information please visit www.sunlife.com/us. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
SLPC 24885 (4/13) exp. 7/14