Cedar Falls Area Education Organizations Awarded Grants by the Principal Financial Group Foundation, Inc.
August 16, 2005 (Cedar Falls, Iowa) — In an effort to support community needs in the Cedar Falls/Waterloo area, the Principal Financial Group Foundation, Inc. provided grants totaling $19,000 during second quarter 2005 to local youth-oriented education organizations and the University of Northern Iowa.
Organizations benefiting from the grants program include:
- University of Northern Iowa - The grant will support scholarships to students studying in the real estate program at the University of Northern Iowa.
- Junior Achievement of Black Hawk Land and East Central Iowa - The Personal Economics program of Junior Achievement aims to increase students' understanding of finance, paying taxes, handling credit cards and saving for the future.
- Waterloo-Cedar Falls Dollars for Scholars - Dollars for Scholars mobilizes and unites local citizens and encourages local students to reach for and achieve their educational goals. Scholarships are awarded to deserving graduating high school seniors.
Other grant recipients include Family & Children's Council of Black Hawk County and Volunteer Center of Cedar Valley.
These grants were made as part of the quarterly charitable grants program of the Principal Financial Group® and the Principal Financial Group Foundation. The second quarter grants cycle focuses on education and funds scholarships and educational programming offered by a variety of not-for-profit organizations in targeted communities.
The Principal Financial Group and the Principal Financial Group Foundation also awarded a total of $789,315 in education grants in other communities where The Principal® has a significant employee presence, including Des Moines, Mason City, Ottumwa and Pella, Iowa; Grand Island, Neb.; Indianapolis, Ind.; Middletown, Conn.; Phoenix/Tucson, Ariz.; Spokane, Wash.; and Wilmington, Del. For a full list of 2005 grant recipients, visit www.principal.com/about/giving.
About the Principal Financial Group Foundation
The Principal Financial Group Foundation provides grants on a quarterly basis in the following categories: Health and Human Services (first quarter); Education (second quarter); Arts and Culture (third quarter); and Recreation and Tourism (fourth quarter).
The Principal Financial Group Foundation, Inc. was formed in 1987 to help support communities in which the Principal Financial Group has a major employee presence. For more information about the Foundation grants program, visit www.principal.com.
About The Principal Financial Group
The Principal Financial Group®
(The Principal® )1
is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $187.8 billion in assets under management2 and serves some 15.2 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.
1) "The Principal Financial Group" and "The Principal" are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
2) As of June 30, 2005.
