Press Release

MoneyGram Foundation Celebrates Boosting Literacy in the Philippines

Manila, Philippines (October 8, 2018) – The MoneyGram Foundation announced today it has awarded a new grant worth more than $50,000 to the Asia Foundation in the Philippines.

The grant will help fund the “Inspiring Minds with the Gift of Literacy” project, which will provide 50,000 new books and 20 mobile “MoneyGram Gift Carts” to 100 schools in the Philippines over two years. The books, valued at $1.5 million, will directly benefit more than 500,000 students and teachers across underserved and rural Filipino communities. Over the next two years, four major events will be held at five schools without traditional libraries.

The announcement was made today during an event at Aurora A. Quezon Elementary School in Manila. Representatives from both organizations spoke about the importance of literacy and education.

“The MoneyGram Foundation is committed to providing equal education to every child, especially those in underserved communities. By supporting the Asia Foundation’s mission to provide access to books and libraries across the Philippines, we are standing behind the idea that equal learning opportunities should be available for all,” said Joann Chatfield, Chief Marketing Officer at MoneyGram.

Programs aimed at boosting literacy and providing students with access to books have proven to have positive outcomes on the quality of education. Through the mobile “MoneyGram Gift Carts” and books, the Asia Foundation will be able to reach far flung communities that wouldn’t have access to learning resources.

“The Asia Foundation has provided books to the Philippines since 1954 and continues to believe in the power of literacy to positively impact lives, both now and in the future. The Asia Foundation is grateful to the MoneyGram Foundation for its support in helping communities across the Philippines,” said Deputy Country Representative Ethan Geary.

About MoneyGram Foundation
MoneyGram established the MoneyGram Foundation in 2012 to help children around the world gain access to educational facilities and learning resources. Its mission is firmly rooted in the belief that education is at the heart of better economic opportunities, healthier families and individual freedom and empowerment. The MoneyGram Foundation is focused on inspiring minds and improving lives and grants funds to deserving organizations with this mission in mind. To learn more, please visit moneygramfoundation.org or connect with us on Facebook.

About MoneyGram Inc.
MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.

About The Asia Foundation
The Asia Foundation is a nonprofit international development organization committed to improving lives across a dynamic and developing Asia. Since 1954, The Foundation’s Books for Asia program has donated print books to thousands of under-resourced educational institutions in 21 Asian countries. Informed by six decades of experience and deep local expertise, our work across the region addresses five overarching goals-strengthen governance, empower women, expand economic opportunity, increase environmental resilience, and promote regional cooperation.

Media Contact:
Michelle Buckalew
Tel: +1 214-979-1418
Mbuckalew@moneygram.com