Financial Literacy Spotlight: Allstate and The Allstate Foundation are a Leader in Both Finance and Financial Literacy

Tom Wilson, Chairman, President & Chief Executive Officer of The Allstate Corporation is also the 2012 Chairman of The Financial Services Roundtable. Allstate and the Allstate foundation have always been a community leader. Their social engagement profile ranges from safe teen driving programs to domestic violence programs. But, they are also a leader in financial literacy.

In the past three years, through the Allstate Foundation employee volunteers have taught over 25,000 students in JA programs. Last year alone, 350 employees volunteered.

While employees are engaging in the classrooms, 12 Allstate representatives sit on local JA Boards, and Cathy Brune who is the President of the Allstate Protection East Territory also serves as JA’s President of the Eastern Division on US National Board.

To top it all off, Allstate committed over $1,000,000 in financial support last year. The Roundtable has a memorandum of understanding with Junior Achievement to teach more than a half million students through 25,000 volunteers from Roundtable member companies by the year 2013.

The Allstate Foundation is also, champions of a 7-year, more than $30 million commitment to providing economic empowerment services for domestic violence survivors. Through that commitment, The Allstate Foundation has trained 3,000 advocates in 1,000 local programs in 33 states and reached 100,000 survivors.  They have led the country in moving the conversation on domestic violence from a focus on cuts and bruises (really important) to helping survivors (mostly women) to gain the financial skills they need to get free and stay free from abuse.  This is truly a differentiator for Allstate and has been widely recognized as such.

That’s good teamwork but their commitment doesn’t stop there.

Allstate has also recently partnered with Award winning personal financial expert Terry Savage to bring The Savage Truth on Money presented by Allstate to over 14 cities across the country this year alone. The Savage Truth on Money is free, open to the public and offers an opportunity for individuals to listen and learn some hard truths and insights on money. As Terry says, she helps people get even, get organized and get ahead. For more information you can go to

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