MoneyGram and First Book Unite Again to Deliver Thousands of Books to Children in Jamaica

July 19, 2016 | Press Release

Community celebrates local children’s graduation from an at-risk child resiliency program with a commencement ceremony sponsored by the MoneyGram Foundation

Kingston, Jamaica (July 19, 2016) - MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, celebrated a book donation in Kingston, Jamaica through a collaboration between the MoneyGram Foundation and the U.S.-based nonprofit social enterprise, First Book. The $15,000 USD grant awarded by the MoneyGram Foundation provided funds to the Child Resiliency Program to purchase almost 10,000 brand new, age appropriate and culturally relevant books from the First Book Global Marketplace and the First Book National Book Bank.

"Education is essential to economic growth and development as it offers children the opportunity to acquire the knowledge and skills necessary to transform their lives," said Lisa Rostov, senior director for marketing, Latin America and Caribbean. "MoneyGram is focused on giving back to the communities of people around the world who rely on its money transfer services. The MoneyGram Foundation is proud to be part of this donation event and we are excited to work with First Book and the Child Resiliency Program in Jamaica to fulfill MoneyGram's commitment to support programs that reach those communities in need of educational resources and access to a basic education."  

Over 60 at-risk students graduating from the Kingston YMCA Child Resiliency Program participated in the celebration event sponsored by MoneyGram. The Child Resiliency yearlong program at the Kingston YMCA closed with a commencement ceremony attended by members of the local community, representatives from MoneyGram and the Child Resiliency Program, and MoneyGram's agents in Jamaica - LASCO Financial Services Limited, Alliance Investment Management Ltd, and VMBS Money Transfer Services Limited. After performing for the attendees, students were awarded certificates of completion, along with school book bags and books provided by the MoneyGram Foundation and the First Book Global Marketplace.

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