Grant Supports the Nonprofit’s School Mentoring Programs
NEWARK, Del.–(BUSINESS WIRE)–#BBBSDE–Sallie Mae, through its charitable arm, The Sallie Mae Fund, today presented a check for $100,000 to Big Brothers Big Sisters of Delaware during a ceremony at The Bancroft School in Wilmington. The grant supports the nonprofit’s school-based mentoring initiatives to connect at-promise youth with adult role models.
Raymond J. Quinlan, Chairman and Chief Executive Officer of Sallie Mae, along with Mary P. Fox, executive director, Big Brothers Big Sisters of Delaware, Kathy Jennings, Delaware Attorney General, and Michelle Harlee, Wilmington City Council Member, 4th District, were on hand to commemorate the contribution.
“Through Sallie Mae’s ongoing support, Big Brothers Big Sisters of Delaware is able to expand its reach and help more kids discover the endless opportunities that come from an education,” said Mary P. Fox, executive director, Big Brothers Big Sisters of Delaware. “It’s partners like Sallie Mae that equip us with the means to continue making a difference in the lives of young adults.”
For more than 50 years, Big Brothers Big Sisters of Delaware has worked to help mentees excel in school, improve their relationships within the community, and make positive life choices. In the 2018-2019 school year, the nonprofit reported 85% of mentored students demonstrated an improved attitude toward school, 71% experienced overall academic improvements, and 77% expressed a more positive sense of their future.
“It’s particularly gratifying to partner with organizations like Big Brothers Big Sisters of Delaware who share in the broader mission of building brighter futures for young people in our communities and helping them create the lives they imagine,” said Raymond J. Quinlan, chairman and chief executive officer, Sallie Mae. “Giving back to the communities where we live and work is central to our purpose at Sallie Mae. In addition to providing this funding, many of our employees volunteer with Big Brothers Big Sisters and serve on their Board of Directors.”
The Sallie Mae Fund has awarded more than $240,000 in grants to support Big Brothers Big Sisters of Delaware since 2014. Sallie Mae employees regularly participate in the nonprofit’s Bowl for Kids’ Sake signature fundraiser and the Clothes for Kids’ Sake program.
Sallie Mae has more than 1,100 employees between its corporate headquarters in Newark and second location in Christiana. For more information about Sallie Mae’s efforts in the community, visit SallieMae.com.
Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to help make college happen and offer products and resources to help customers make new goals and experiences, beyond college, possible. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.