NORTHBROOK, Ill., Aug. 9, 2016 /PRNewswire/ -- As students prepare to head back to campus this fall, Allstate Insurance Company is encouraging alumni and supporters of Historically Black Colleges and Universities (HBCUs) to protect the legacy of HBCUs and their students by participating in the company's annual Quotes for Education (QFE) program. In its eighth year, Allstate will donate up to $250,000 in scholarship funds to the Tom Joyner Foundation to assist students attending HBCUs.
Between August 1 and November 30, 2016, Allstate will contribute $10 for every person who mentions "Quotes for Education" when receiving an insurance quote from a participating Allstate agent, or quotes online at www.allstate.com/HBCU.
"Allstate and the Tom Joyner Foundation are passionate about investing in the aspirations of HBCU students to ensure that they become successful HBCU graduates," said Cheryl Harris, senior vice president at Allstate and an alumna of Florida A&M University. "HBCUs are a vital part of our country's history and they continue to have an undeniable impact on their students, graduates and the larger African American community."
To launch the 2016 QFE program, Allstate and the Tom Joyner Foundation are teaming up with award-winning artist, actor and philanthropist, COMMON, a long-time supporter of the HBCU community. As a devoted advocate for education, the Chicago-native founded the COMMON Ground Foundation, a nonprofit organization that empowers underprivileged youth in Chicago through education initiatives.
"Growing up in Chicago, my mother, an educator and principal, always stressed the importance of education. I see how difficult it is for some students to stay in school and also get a higher education, when they don't have the resources," says COMMON. "That's why I'm proud to support Allstate and the Tom Joyner Foundation on a program that is working to address this issue and support the larger HBCU community."
Allstate will be the lead sponsor of AAHH FEST! by COMMON, which is a two-day music festival in Chicago on September 24-25. Proceeds from our festival support youth education and mentoring programs.
Since 2009, Allstate has donated more than $1 million representing over 500 student scholarships distributed to HBCU students through the QFE program.
Allstate's year-round commitment to programs that empower the African American community include its 12-year history of being the title sponsor of the Allstate Tom Joyner Family Reunion, in addition to its QFE partnership with the Tom Joyner Foundation.
Founded in 1998 by nationally syndicated radio personality, Tom Joyner, the Tom Joyner Foundation supports HBCUs with scholarships, endowments and capacity building enhancements. To help sustain and preserve the legacies of HBCUs, the Foundation has supported more than 29,000 students attending HBCUs, recommending internships and career development to its students.
"HBCUs are a big part of me and my family and so many politicians, athletes, entertainers, educators, doctors, scientists and engineers who are so successful today," says Tom Joyner, a Tuskegee University alumnus and chairman/founder of the Tom Joyner Foundation. "Together with Allstate, we're encouraging HBCU alumni to give back in an effort to preserve this amazing legacy and provide students the financial freedom needed to focus on their education."
To participate in the QFE program, visit allstate.com/HBCU to find a nearby participating agent or to receive a quote online.
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, protecting approximately 16 million households from life's uncertainties through auto, home, life and other insurance offered through its Allstate, Esurance, Encompass and Answer Financial brand names. Now celebrating its 85th anniversary as an insurer, Allstate is widely known through the slogan "You're In Good Hands With Allstate®." Allstate agencies are in virtually every local community in America. In 2015, The Allstate Foundation, Allstate, its employees and agency owners gave $36 million to support local communities.
About The Tom Joyner Foundation
The Tom Joyner Foundation (http://tomjoynerfoundation.org) was founded in 1998 as the brainchild of nationally syndicated radio personality Tom Joyner. The mission of the Foundation is to support historically black colleges and universities (HBCUs) with scholarships, endowments and capacity-building enhancements. The Foundation has provided necessary support to every HBCU in its 18-year history to help sustain and preserve the legacies of these valuable institutions. Through fundraising and donor development initiatives, $65 million has been raised to support more than 29,000 students attending HBCUs. Additionally, the Foundation has recommended internships, offered matching grant support, and career development to deserving students.
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SOURCE Allstate Insurance Company