New York Life Foundation Awards $118,000 To Support At-Risk Youth In New York City

Posted on: Friday, February 19, 2010

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NEW YORK, NY, February 19, 2010 — The New York Life Foundation announced today grants totaling $118,000 to two organizations offering safe places to learn and grow to neglected or abused young people. The Foundation made a $65,000 grant to the Edwin Gould Academy’s Multi-Service Center serving youth in East Harlem and a grant of $53,000 to Safe Horizon’s Streetwork Project serving youth throughout New York City.

“This grant from the New York Life Foundation will enable our organization to provide services, programs and community support to empower at-risk youth to live as purposeful, responsible and self-sufficient adults,” said James J. Golden, executive director of the Edwin Gould Academy Multi-Service Center and Residence. “This support will enable students to use newly gained skills, abilities and experiences to prepare for adulthood.”

“The New York Life Foundation’s grant helps us offer a lifeline to thousands of homeless and street-involved youth,” said Ariel Zwang, chief executive officer of Safe Horizon. “This grant will help our clients begin building safe, secure and healthy new lives.”

“We are pleased to offer young people access to an extensive range of resources when they need it most,” said Marlyn Torres, assistant vice president, New York Life Foundation. “Without these organizations, they would be alone and unsupported as they face the overwhelming transition to self-sufficiency.”

The Edwin Gould Academy’s Multi-Service Center provides comprehensive services, including educational and employment support, for 250 young people who are aging out of foster care, homeless or being released from the juvenile justice system.

Safe Horizon’s Streetwork Project is committed to reaching out to homeless and disenfranchised youth of New York City, who are often highly traumatized and have run away from or have been kicked out of families or foster care, where they may have endured years of neglect and abuse. Streetwork clients (children, teens and young adults up to age 24) are assigned a primary counselor and provided with a wide variety of free services such as legal, medical and psychiatric services, GED preparation, and the opportunity to socialize in a safe, non-judgmental setting.

About The Edwin Gould Academy (EGA)
The Edwin Gould Academy (EGA) provides young people who have aged out of the foster care or juvenile justice systems with access to services that will help them to become responsible and self-sufficient adults. Since 1990, the Academy has provided a continuum of care and community-based services to New York City adolescents and young adults. In 2006, to address the increasing problem of homelessness among former foster care youth, EGA opened a supportive housing facility. The newly-constructed Edwin Gould Residence offers 36 studio units and 15 one-bedroom units of safe, affordable housing. To learn more about EGA, please visit www.edwingouldacademy.org.

About Safe Horizon
Safe Horizon is the nation’s leading victim assistance organization and touches the lives of more than 250,000 victims of crime
and abuse each year. Whether responding to child abuse, domestic violence, or other violent crimes, Safe Horizon helps victims and their families heal and rebuild their lives. Victims of domestic violence can call their 24-hour hotline at (800) 621-HOPE. www.safehorizon.org.

About The New York Life Foundation
Inspired by New York Life’s tradition of service and humanity, the New York Life Foundation has, since its founding in 1979, provided more than $130 million in charitable contributions to national and local nonprofit organizations. Through its focus on “Nurturing the Children,” the Foundation supports programs that benefit young people, particularly in the areas of mentoring, safe places to learn and grow, educational enhancement opportunities and childhood bereavement. The Foundation also encourages and facilitates the community involvement of employees, agents, and retirees of New York Life through its Volunteers for Life program. To learn more, please visit the Foundation's Web site at www.newyorklifefoundation.org.

Questions about this article or about New York Life, our subsidiaries and the products that we offer? Please call this toll-free number 800-710-7945 to arrange for a discussion with a New York Life agent or a NYLIFE Securities LLC financial services professional.

This material is for informational purposes only. Neither New York Life nor its agents provide tax, legal or accounting advice. Please consult your own tax, legal or accounting professional before making any decisions.
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