Allstate, Thurgood Marshall College Fund® Team Up to Keep HBCU Students From Becoming Latest Victims of The Down Economy

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Allstate, Thurgood Marshall College Fund® Team Up to Keep HBCU Students From Becoming Latest Victims of The Down Economy 

 

NORTHBROOK, Ill., September 1, 2009 – Historically black colleges and universities (HBCUs), many already hard hit by a recession-induced erosion of public/private education funding, are bracing in anticipation of students opting to drop out this fall because loan and scholarship sources have dried up.   

To help reverse this disturbing trend, Allstate Insurance Company launched today the Quotes for Education program, an initiative that will donate $5 to the Thurgood Marshall College Fund for every auto insurance quote attributed to the program during the month of September – up to $50,000 total.

As part of Beyond February, the company’s year-round commitment to the African-American community, this program will assist students at HBCUs in paying tuition and will help them return to school this fall.

“Quotes for Education is an opportunity to protect the future of our students” said Kimberly Turner, multicultural marketing manager for Allstate.  “We are tapping into the power of social networks to ignite support for this initiative that ultimately helps keep these kids in school.”

Consumers can visit a local Allstate agency or visit www.beyondfebruary.com to get an auto quote for the donation to go to the Thurgood Marshall College Fund. 

Because Allstate believes in supporting the African-American community well beyond just the month of February, Beyond February was established in 2007 as an ongoing initiative that creates, supports and sponsors programs that empower and enrich African-American communities across the United States.  Highlights of Beyond February since its inception in October 2007 include Give Back Day, Allstate’s promotion of volunteerism, and sponsorships of the Tom Joyner Family Reunion, the American Black Film Festival, State of the Black Union, and the Gospel Superfest.

The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer. Widely known through the “You’re In Good Hands With Allstate®” slogan, Allstate is reinventing protection and retirement to help more than 17 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®.

 

About Thurgood Marshall College Fund, Inc.

The Thurgood Marshall College Fund, Inc., named for the late U.S. Supreme Court Associate Justice, was established in 1987 and represents 47 public Historically Black Colleges and Universities (HBCUs) and 6 law schools located in 22 states and the US Virgin Islands with a population of over 235,000 students. Over the last 21 years, TMCF has awarded more than $100 million in leadership development, programmatic and capacity support, and scholarships enabling more than 12,000 students to attend public HBCUs. It is the only national organization of its type that provides merit-based scholarships and programmatic support to students attending the nation’s public HBCUs. TMCF also provides internship programs and joins corporate and foundation partners in providing leadership training and support to students preparing for undergraduate and professional schools. TMCF is a 501(c) (3), tax-exempt organization.



 

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