GRANT SUPPORTS FINANCIAL LITERACY

August 25, 2014

 For Immediate Release

 GRANT SUPPORTS FINANCIAL LITERACY FOR DOMESTIC & SEXUAL ABUSE SURVIVORS

Allstate Foundation awards the Women’s and Children’s Alliance a grant for $10,000 to support the Treasure Valley Economic Action Program

Boise, ID – The Allstate Foundation has awarded the Women’s and Children’s Alliance (WCA) a grant for $10,000 to support the Treasure Valley Economic Action Program (TVEAP) that provides financial literacy education.

The WCA is the lead agency for TVEAP, which began in 2010 as a collaborative effort of six valley agencies. The curriculum is called Realizing Your Economic Action Plan, or REAP, which is taught by two Financial Literacy Educators employed through the WCA. More than 595 women have participated in the classes and 85 percent have graduated. Additionally, more than 139 individual financial coaching sessions have been held.

“[The curriculum] contains information that teaches women about safety, empowerment, economic abuse and other financial concepts such as budgeting, credit, banking and investing.  The curriculum encourages individual coaching sessions for the women that want to work on personal financial matters outside the group setting,” said Yazmin McNeal, Financial Literacy Educator.

“The Allstate Foundation is proud to partner with the Women’s and Children’s Alliance and help their efforts to support survivors of domestic violence,” said Frank Clouser, Allstate Corporate Relations Manager. “We are committed to using financial empowerment to end the cycle of violence because research shows that financial dependency is the strongest predictor of a survivor’s decision to remain, leave or return to an abusive relationship – even stronger than physical safety issues.”

“We’re grateful for The Allstate Foundation’s support in helping us provide our clients with empowering tools to enjoy the freedom that comes from having financial choices,” said Bev LaChance, WCA Deputy Director.

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About the Allstate Foundation

Established in 1952, The Allstate Foundation is an independent, charitable organization made possible by subsidiaries of The Allstate Corporation (NYSE: ALL). Through partnerships with nonprofit organizations across the country, The Allstate Foundation brings the relationships, reputation and resources of Allstate to support innovative and lasting solutions that enhance people’s well-being and prosperity. With a focus on teen safe driving and building financial independence for domestic violence survivors, The Allstate Foundation also promotes safe and vital communities; tolerance, inclusion, and diversity; and economic empowerment. For more information, visit www.AllstateFoundation.org.

About the WCA

The Women’s & Children’s Alliance provides safety, healing and freedom from domestic abuse and sexual assault. The WCA operates secure shelters and provides professional counseling, legal advocacy, crisis services and case management to survivors of domestic and sexual abuse. For more information, visit www.wcaboise.org.