MoneyGram, SUPERVALU Tie Up To Support Non-Profit Firm
Zacks Investment Research | Oct 13, 2016 02:27AM ET
Moneygram International Inc. (NASDAQ:MGI) has partnered with Farm Fresh Food and Pharmacy, the grocery retail chain of SUPERVALU to grant $40,000 to Virginia-based non-profit organization, “An Achievable Dream”. Notably, this non-profit organization is the first recipient of the SUPERVALU Foundation grant in the Newport News area.
By joining forces with Moneygram, Farm Fresh will channelize interactive STEM learning to 900 students of all grade levels at An Achievable Dream through its educational technology.
The support given to the organization will be mainly directed toward technological advancement of the educational framework. Outdated desktop computers will be replaced and a new interactive software, along with updated lesson plans, will be provided to classroom instructors. These changes are expected to help teachers develop better ways to enhance student involvement.
The grant will also support the transformation of the existing educational model at An Achievable Dream through innovative strategies. The initiative would open opportunities to the students and increase their exposure during the course of learning. SUPERVALU offers program-specific and general operating support for organizations in the Minneapolis and St. Paul area as well as in communities where the company conducts grocery food chain operations.
Apart from delivering a consistently strong performance, Moneygram has been engaged in Corporate Social Responsibilities (CSR) as well. These CSR activities have positioned the company beneficially. The recent move is one such initiative aimed at extending effective education to children of all levels of the society.
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