Financial Literacy Foundation Donates $1 Million to EEI

ATLANTA, Dec. 3, 2010 /PRNewswire/ -- The Jonathan D. Rosen Family Foundation (JDRFF), dedicated to improving financial literacy, today announced a contribution of $1 million to Economic Empowerment Initiative, Inc., a 501(c)(3) also known as EEI, Inc.

The commitment will enable EEI to pursue challenge grants with a value of up to an additional $2 million over the next four years as well as to support their existing financial literacy and entrepreneurship programs.

The check presentation was held on Thursday, December 2, 2010 at 7:00 pm at the EEI VIP Reception in Atlanta.

Photos:

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International speaker Orrin C. Hudson, founder of http://www.besomeone.org, attended the presentation and was inspired. Orrin say his goal is to find someone out there just like EEI did to support Be Someone. Be Someone teaches children chess and a whole lot more. "My goal is to teach one million students to think it out, don't shoot it out - push pawns instead of drugs. Heads up, pants up, grades up and never give up!" says Hudson.

Jonathan D. Rosen, CEO and co-founder of Entaire Global Companies, Inc., whose initial grant of $5.3 million in Entaire stock helped establish the JDRFF, believes that financial literacy among school-age children and adults is critical to succeeding in American society today.

"We need to invest in financial literacy programs because, too often, people are only learning how to live paycheck to paycheck. They need to understand why it's important to save and invest, and acquire the skills to do that," Rosen said. "EEI has shown it knows how to break the paycheck to paycheck cycle and put people on a pathway to financial independence and economic security."

"Now, more than ever, it is important to keep track of your finances," said Samuel T. Jackson, Founder, Chairman, and CEO of EEI, Inc. "The significance of creating a plan to ensure financial independence is essential to survival during these tough economic times and starting at an early age is very important. It is definitely an honor to receive such an investment in our work. We are extremely grateful to the Jonathan D. Rosen Family Foundation for their support of our organization, and they serve as a strong model of social responsibility in the community."

The Jonathan D. Rosen Family Foundation was created in April 2010. The Foundation's mission is "To empower children and adults across both the social and economic spectrums with the knowledge and skills essential for successful financial decision-making. The Foundation's focus is to facilitate the delivery of education and resources that will provide an opportunity for personal financial flexibility to those who would otherwise be unable to achieve it."

Mr. Rosen was a founder and serves as the CEO of Entaire Global Companies, a financial services holding company specializing in leveraged strategies for retirement planning and wealth creation. Mr. Rosen is a member of the Gwinnett County Chamber of Commerce Board of Directors, one of Catalyst Magazine's 25 Atlanta Entrepreneurs to Watch and founder of The Wealth Builders Foundation for Economic Planning, Inc., a wealth management consultancy serving high-net-worth individuals.

For more information about the Jonathan D. Rosen Family Foundation, including instructions for donating funds or time, inquiries regarding sponsorship opportunities or requests for partnership, please visit the Foundation on the web at http://www.rosenfoundation.org.

About EEI: The mission of the Economic Empowerment Initiative, Inc. (EEI), founded in 2001, is to equip youth and young adults with the tools and resources needed to achieve financial independence, allowing them to responsibly manage their resources and build entrepreneurial success, while pursuing their passion and maximizing their contribution to society. For more information, go to http://www.eei-inc.org.

About Be Someone: Founded by Orrin Hudson, Be Someone (http://www.besomeone.org) is an Atlanta-based nonprofit that works with at-risk kids, helping them to build productive, fulfilling futures. Hudson and his work with Be Someone have been featured nationally in People Magazine and the CBS Early Morning Show and recognized with numerous awards. He is a two-time winner of World Open Speed Chess and has coached students to win state-wide and city-wide chess championships.

Contact: Eric Stein, [email protected], (678) 218-1220

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SOURCE Be Someone, Inc.