MoneyGram (NASDAQ: MGI) knows that helping students achieve success in subjects such as math and science builds a better tomorrow. That’s why the company is joining the Asian Youth Center, a nonprofit organization that serves the social and educational needs of Asian immigrants, to help underprivileged students in their studies. As part of MoneyGram’s annual Back to School campaign, MoneyGram is donating 65 “Kurio” tablets to fifth-grade students from Roosevelt Elementary School in San Gabriel, California. The tablets are loaded with e-books and other educational materials that can help guide students in their schoolwork, from math to science and literature. This gift follows on the heels of research showing that 57 percent of young children who use tablets employ them for educational purposes. “We’re pleased we can bring families closer together through our services, and especially happy to support education in communities where we work and live throughout the world,” said Juan Agualimpia, executive vice president, chief marketing officer, MoneyGram. “At MoneyGram, we believe a strong commitment to early education is important. Through our Back to School campaign, we are confident these tablets will help students at Roosevelt Elementary meet their educational aspirations.” MoneyGram has a history of educational material donations each August as part of its Back to School campaign. In years past, the company has donated supplies to schools around the world, in such countries as Romania, the Philippines and Kenya. MoneyGram teamed up with the Asian Youth Center because of its recognized leadership in childhood development within the San Gabriel Valley community. The Asian Youth Center pinpointed Roosevelt Elementary as a school with much need. “As our classrooms continue to integrate high-tech educational tools, it is important that we provide students with learning equipment that will stimulate their curiosity and desire to succeed academically,” said Cheryl Wilson, principal, Roosevelt Elementary School. “MoneyGram understands that early education is crucial in the development of the next generation of leaders. We thank them for this gesture, and look forward to working with our students as they begin interactive studies with the tablets.”
About MoneyGram InternationalMoneyGram International, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers money transfer services worldwide through a global network of 327,000 agent locations -- including retailers, international post offices and financial institutions -- in 198 countries and territories. MoneyGram also offers bill payment services in the United States and Canada. MoneyGram is listed on the NASDAQ Stock Exchange under the ticker symbol MGI. To learn more about money transfer or bill payment at an agent location or online, please visit moneygram.com or connect with us on Facebook. About the MoneyGram Foundation MoneyGram, a leading global money transfer company, established the MoneyGram Foundation in 2012 to help children gain better access to education and learning resources. The Foundation distributes grants around the world to deserving organizations that are committed to improving education. Its mission – to inspire minds and improve lives – is firmly rooted in the belief that education is at the heart of better economic opportunities, healthier families and individual freedom and empowerment. To learn more, please visit moneygramfoundation.org.