Company’s Pledge is Matched by Santa Monica-Malibu Education Foundation to Make Largest Corporate Donation to Date
LOS ANGELES (December 18, 2013) – Dun & Bradstreet Credibility Corp. today presented a $180,000 donation to the Santa Monica-Malibu Education Foundation to fund scholarships and a summer 2014 high school internship program. The money was raised through the company’s EdAhead® Initiative, which harnesses the collective power of employers and employees to invest in the future of public education.
The EdAhead Initiative matches employee contributions to their 529 college education plans up to a set amount. The company then makes a donation in that total amount to education programs at school districts in communities where the company has offices.
In October, the company announced its cash donation of $150,000 to the Foundation and challenged the community to match the pledge through the Foundation’s annual fund drive. The company has set aside an additional $30,000 in scholarships for students who successfully complete the summer internship program.
“We are thrilled that the Santa Monica-Malibu Education Foundation was able to raise the funds to match our donation of $150,000 weeks before the close of their campaign. We look forward to our ongoing partnership with the Foundation and the launch of our summer 2014 high school internship program,” said Jeff Stibel, Chairman and CEO of Dun & Bradstreet Credibility Corp.
Linda Greenberg Gross, Executive Director of the Santa Monica-Malibu Education Foundation, added, “Dun and Bradstreet Credibility Corp.’s generous gift to the Education Foundation in support of the SMMUSD Vision for Student Success is truly remarkable and impactful. Our entire community thanks this fine company for its leadership and commitment to public education and our students.”
The company also announced today additional pledged donations from the following Dun & Bradstreet Credibility offices as part of its 2012 initiative:
- $30,000 donation to Bethlehem Area School District from the Bethlehem, PA office.
- $10,000 donation to Guilford County Schools from the Greensboro, NC office.
- $15,000 donation to Millburn Township Public Schools from the Short Hills, NJ office.
- $10,000 donation to Tucson Unified School District from the Tucson, AZ office.
“Just as each office is unique, so is each program the recipient school districts have chosen to fund using our EdAhead donations,” said Stibel. “From creating a summer high school internship program and scholarship fund, to helping students pursue a post-secondary education in STEM related fields, we are honored to play a part in helping shape a successful business future for America through the power of education.
EdAhead is the first education savings plan with a multiple match. Employee contributions activate a match by company dollars as well as a donation to local public schools. EdAhead is sparked by the power of personal action, gains momentum through the company’s shared commitment and multiplies the benefit in communities close to our homes. EdAhead is an initiative introduced by Dun & Bradstreet Credibility. Dun & Bradstreet Credibility’s EdAhead plan is being administered by Putnam 529 for AmericaSM. For more information on the EdAhead plan or to find out how your company can offer an EdAhead program for your employees, visit www.EdAhead.org.
About Dun & Bradstreet Credibility Corp.
Dun & Bradstreet Credibility Corp. is the leading provider of credit building and credibility solutions for businesses. The company helps businesses establish their credit with a D&B D-U-N-S® Number and provides the only business credit solution available to companies looking to build, monitor, and impact their business credit and credibility. The company’s headquarters are in Los Angeles, CA with offices throughout the United States. For more information on the company, please visit www.DandB.com or follow the company on Twitter via @DandB.
About the Santa Monica-Malibu Education Foundation
The mission of the Santa Monica-Malibu Education Foundation is to engage the community to invest in a vibrant educational experience for all students in the Santa Monica and Malibu public schools. For over 30 years, the Education Foundation has raised money to support students in all Santa Monica-Malibu schools, a responsibility it now addresses through the Santa Monica-Malibu Unified School District’s Vision for Student Success campaign. For more information visit www.smmef.org.
Dun & Bradstreet Credibility Corp.