PHILADELPHIA (CBS)– Sun Life Financial Inc. announced Philadelphia’s Sun Life Rising Star Awards Program winners Wednesday night.
The financial services company awarded a total of $165,000 in grants and scholarships to three youth-oriented nonprofits and to an exemplary student nominated by each organization.
Philadelphia Youth Network, Inc., Urban Affairs Coalition and Philadelphia Futures each received a $50,000 grant.
“We are proud to reward our amazing Rising Star students for their perseverance in the face of adversity. It is our firm belief that they need only opportunity and a little support to rise to their potential,” said Wes Thompson, the president of Sun Life Financial U.S.
Sun Life surprised the winning students with their scholarships at an award presentation held at the Philadelphia Museum of Art.
The program, now in its second year, aims to address low high school graduation rates in large urban school districts by providing financial and educational resources to students and nonprofit organizations committed to increasing success in high school and beyond. It also seeks to promote financial literacy as a means to achieve life-long financial wellness and stability.