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MoneyGram Foundation and First Book Bring Celebration of Literacy to Miami

September 22, 2016 | Press Release

Multi-city event celebrates Día de los Libros and inspires reading through book donations

MIAMI, Florida (Sept. 22, 2016) – MoneyGram (NASDAQ:MGI), a leading global money transfer and payment services company, is excited to announce that the MoneyGram Foundation and U.S.-based nonprofit organization First Book are cohosting an event timed to coincide with the 20th anniversary of Dìa de los Libros (Children’s Book Day) at which Henry M. Flagler Elementary School will receive a $2,000 grant to buy books. The event is part of a summer-long program designed to inspire reading that includes the donation of $20,000 for books in schools nationwide.

“We know the significant impact educational literature can have on a child’s life, and we’re partnering with First Book to not only provide learning resources, but also to encourage a passion for reading by celebrating Dìa de los Libros with students in Miami,” said Pamela H. Patsley, MoneyGram’s executive chairman. “The MoneyGram Foundation was designed to inspire minds and improve lives, and we’re working toward this goal across the U.S. It’s exciting to see firsthand the impact we are having on communities in need.”

The event will be held at Henry M. Flagler Elementary School, and will include students, members of the community, and representatives from the MoneyGram Foundation and First Book. Educational materials will be donated by Market Logic. Additionally, a futbolero will be entertaining students as part of the event festivities by performing soccer tricks and teaching a short soccer clinic.

“Children in many U.S. communities are at a disadvantage due to a lack of high-quality reading materials, and we’re excited to be collaborating with the MoneyGram Foundation in an effort to close this gap,” said Kyle Zimmer, president and CEO of First Book. “First Book has already donated more than 145 million free and low-cost books in North America, but there are more in need, and every book donation helps.”

Miami is the third stop on the summer-long program tour hosted by the MoneyGram Foundation and First Book. A similar event will be held in New York later this year, and the MoneyGram Foundation plans to bring the program to additional U.S. cities – and also to other countries. With a platform of inspiring young minds at an early age, the MoneyGram Foundation believes that education leads to better long-term economic opportunities, healthier families and individual freedom and empowerment – not just for the individual child, but also for entire families and their communities.

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