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Students in the MU College
of Human Environmental Sciences, above with David Wong and
Mike Heitman of State Farm Insurance, will benefit from
the company's gift to enhance personal financial planning
and economics programs. Rob Hill photo
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State Farm Gift Enhances Finance, Economics Programs
By Jeremy Diener
The University of Missouri-Columbia will offer enhanced training
for tomorrow's financial planners and economic educators thanks
to a $90,000 gift from State
Farm Insurance.
A large portion of the gift will enhance the
Office of Financial Success in the Department
of Personal Financial Planning in MU's College
of Human Environmental Sciences. The College will use $45,000
to renovate the State Farm Financial Counseling Room and to purchase
video equipment, furniture and computers for the room. Another
$30,000 will establish an endowment to support the program.
“Having the opportunity to partner with
State Farm Insurance is a tremendous boost to this vital program,”
said Stephen Jorgensen, dean of the College of Human Environmental
Sciences. “The Office of Financial Success will provide
innovative educational opportunities for our students and members
of our community, such as personal financial counseling and planning,
campus and community seminars, peer education and counseling,
Volunteer Income Tax Assistance programs, and support for community
outreach efforts. This gift recognizes State Farm's commitment
to the quality of family life and the financial well-being of
citizens everywhere.”
Additionally, the College
of Arts and Science will use $15,000 to establish State Farm
Personal Finance Workshops. The workshops, held four times each
year, will target elementary and secondary educators. Participants
will learn methods for teaching financial education so their students
will learn to understand the impact of their financial decisions
better.
“Economics addresses an exceptionally
broad and important range of issues that affect our lives,”
said Richard Schwartz, dean of the College of Arts and Science.
“Unfortunately, most are not formally introduced to it until
they enter college. This program provides Missouri elementary
and secondary school students a very special opportunity, and
we are most grateful to State Farm for supporting us in this unique
and important effort.”
Curt Dreier, State Farm vice president of
agency for the Missouri Market, said the parallels between the
company and the University make the gift appropriate.
“State Farm and MU have something in
common,” Dreier said. “We're both top quality organizations
focused on creating a better future for Missourians. Mizzou does
that by offering a world class education for our young people
and providing ongoing research opportunities. State Farm does
so by helping its customers recover from losses and plan for their
financial future. On behalf of our State Farm agents and the State
Farm Companies Foundation, we're proud to say that 'We Live Where
You Live.'”
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Last Update:
November 15, 2007
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