WHAT’S INSIDE 5 PAGE T EA MIN G UP PAGE Q2 GR A NT S AWA R DED 2 W I R E S July/August 2009 Committee Encouraging Corporate Philanthropy (CECP) Honors Western Union Last month, Western Union earned the CECP Large Company Excellence Award for its demonstrated excellence of CEO leadership, innovation, measurement and partnership in corporate philanthropy. CECP honored Western Union for pioneering Western Union’s Our World, Our Family® program, seen as one of the most effective programs to incorporate business development while elevating awareness of the complicated social issue of migration. Founded by Paul Newman and Ken Derr, CECP is the only international forum of CEOs exclusively focused on corporate philanthropy. CECP’s mission is to lead the business community in raising the level and quality of corporate philanthropy. Engaging with the public, private and independent sectors, CECP’s members seek and create opportunities to help advance the case for philanthropy and to inspire other business leaders to make a lasting commitment to community giving. Since 2000, CECP has presented Excellence Awards in Corporate Philanthropy annually to companies such as Cisco Systems, GlaxoSmithKline, GE, Hasbro, IBM, Moody’s Corporation, Novartis, Pfizer, The PNC Financial Services Group, salesforce.com, Target, Timberland and Whole Foods Market. The Excellence Awards winners are selected by an independent jury composed of experts from the corporate, government, media, nonprofit, consulting and academic communities. Christina Gold, Western Union® President and CEO, accepted the award in honor of the Our World, Our Family program. 1 A Wester n Union Foundation Publication “Corporate citizenship is about shared value: it allows us to build the strength of our business while strengthening communities. Western Union stands for economic opportunity and we build on that core commitment by promoting education and entrepreneurship across our 385,000 Agent locations in 200 countries and territories. It is a model that CECP champions and we applaud them.” Christina Gold President and CEO, Western Union 6 PAGE EMPLOY EE GIVIN G C IRC LE TEAMING UP TO HELP Alleviate Pover ty in Africa United States Agency for International Development (USAID), Western Union, the Western Union Foundation and Western Union ® Agents The recently launched African Diaspora Marketplace (ADM) is a business-development program and competition designed to support the entrepreneurial spirit and resources of the U.S.-based African Diaspora community, with the goal of promoting sustainable economic development in Sub-Saharan Africa. The initiative hopes to demonstrate the impact that entrepreneurs from the world’s diaspora communities can have on development in their home countries. The ADM will help boost job creation and economic opportunity in the region by providing matching grants to African Diaspora members working in partnership with African-based enterprises and/or entrepreneurs. “Western Union supports migrants’ investment in their home countries and also helps to power the world economy through our business model. Through this program, we can leverage Western Union’s expertise on migration trends and our vast network and resources to help create lasting social and economic impact.” Christina Gold, CEO, Western Union Qualifying applicants selected as finalists will submit a comprehensive business plan for evaluation and be connected with a full range of business tools and resources to help increase the number of enterprises that can be brought to life—regardless of whether they are selected for grant funding. In December 2009, ten to twenty qualifying entrepreneurs will be awarded grants of $50,000 to $100,000 each to support the execution of their business plans. These grants will be awarded from the initial ADM grant pool of nearly $1.5 million, financed jointly by USAID, the Western Union Company and the Western Union Foundation, as well as through Western Union Agent Giving Circles. A December 2008 Foundation grant of $25,000 to Opportunity International has provided micro loans to people like Beauty Zulu, helping them start and maintain their small businesses. can Agents make a difference in Africa? Ecobank Transnational Incorporated (ETI) in Africa and Irv Barr Management in the U.S. formed a Giving Circle, contributing $250,000 to support the Africa Diaspora Marketplace! For more information, go to www.diasporamarketplace.org. 2 A Wester n Union Foundation Publication can we help provide an education? Since 2005, Western Union has been working with Mexican Hometown Associations (HTAs) through the 4+1 program, developing and helping fund projects and programs geared toward helping Mexican immigrants in the U.S., as well as their hometown communities in Mexico. The Confederation of Mexican Federations (CONFEMEX) is an immigrant led membership organization formed by nine Chicago-based HTAs. Recently the Western Union Foundation and Irv Barr Management, through the Agent Giving Circle program, donated $90,000 to the CONFEMEX scholarship program to provide college students, living in underserved communities, with $1,000 scholarships. CONFEMEX pledged an additional $45,000, bringing the total scholarship contribution to $135,000! especially for our students who strive each and every day to succeed in school.” Arcadio Delgado President, CONFEMEX “Education is a key priority to CONFEMEX. With the support of the Foundation and Irv Barr Management, the grant will help invest in our community and its future while helping develop a new generation of leaders. We are grateful for the continued support from Western Union and the Foundation in our communities, CONFEMEX scho larship recipients. The yes! effect: Six inspiring individuals chosen to become Western Union® Ambassadors say yes! to education! The voting has ended and six individuals from across the globe have been chosen to be Western Union yes! Ambassadors. Their inspiring stories about how saying yes! has helped make dreams come true has given them the opportunity to say yes! once again – by choosing one of three great educational causes to receive a $10,000 donation from the Western Union Foundation! 3 A Wester n Union Foundation Publication In total, $60,000 was donated to the following organizations as a result of the yes! effect: Academy for Educational Development For over 48 years, the Academy for Educational Development (AED) has worked at all levels of the educational system. Programs include improving teaching and learning, student achievement and access to education and educational opportunities, as well as increasing parent involvement and integrating technology into education strategies. Mercy Corps Since 1979, Mercy Corps has provided $1.5 billion in assistance to people in 106 nations. Embracing a broad definition of education, programs include: teaching livestock breeders in Lebanon less costly ways to grow feed; building temporary classrooms in Darfur’s refugee camps; and constructing all-girls schools in the West Bank. Room to Read® For more than eight years, Room to Read (RTR) has helped children in the developing world gain the lifelong gift of education. RTR partners with local communities to provide quality educational opportunities by establishing libraries, creating local language children’s literature, constructing schools and establishing computer labs. can i be personally rewarded in my job? Just ask Ricardo Amaral, Marketing Manager for “If we can increase investment in this project, focusing Colombia, Ecuador, Panama and Venezuela, who in May on education and programs like microlending and 2009, joined the United Nations High Commissioner for entrepreneurship, we can generate a great impact on the Refugees (UNHCR) on a site visit to Ecuador on behalf of lives of these refugees,” said Ricardo. “On a personal the Foundation. Ecuador is home to many refugees from level, it was amazing to see firsthand how people can Colombia who left their home country due to violence keep up their hope and dignity in the face of so many and threats from insurgent and paramilitary groups. hardships. This mission helped me grow as a person, changing my way of thinking.” Ricardo visited a refugee documentation center in San Lorenzo, a refugee shelter (temporary living for arriving refugees) and an established Colombian community. Speaking with families and individuals, he saw the program in action and the need for further investment—in addition to the positive impact of the UNHCR Ecuador program. “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has.” — Margaret Mead, American Cultural Anthropologist (1901-1978) 4 A Wester n Union Foundation Publication can my money make a difference? More than $1.9 million in worldwide grants awarded in Q2 2009! disaster Relief: $70,000 Funding is helping support victims of the fires in Australia, floods in Fiji and displaced individuals and families in Pakistan. direct Grants: $682,000 Grants to non-governmental organizations (NGOs) in 19 countries include funding to promote microfinance in North India, to assist Vietnamese migrants in Taiwan through language acquisition classes, and to provide business guidance to owners of small farms in Bangladesh. agent giving circles: $1.16 million Agent Giving Circle grants are helping fund a variety of educational programs, including vocational education for adolescents in Colombia, educational opportunities for ethnic minority students in the U.S. and the integration of immigrants in Belgium. family Scholarships: $45,900 Through the Family Scholarship program, a single mother in California will attend English classes while her daughter becomes the first in the family to attend college; two brothers from Kenya will pursue their dreams to promote sustainable development in rural Kenya, with one brother working toward a degree in New York and the other attending university in Njoro, Kenya; and two Filipina sisters will pursue university degrees, one in Korea and the other in Leyte, Philippines. can i hit a hole-in-one? Play golf for a great cause! Western Union’s Our World, Our Family® annual golf tournament will take place on Monday, October 5, 2009 at the Castle Pines Golf Club in Castle Rock, Colorado. All proceeds raised by the tournament will benefit the Western Union Foundation, helping to fund programs that create economic opportunity around the world. Sponsorship opportunities are also available. FOR MORE INFO contact Judy Cara at 720-332-4764 or judy.cara@westernunion.com. To register online, go to: https://events.westernunion.com/WUFoundationGolf/2009/index.html. 5 A Wester n Union Foundation Publication can a one-time volunteer opportunity turn into something even bigger? EMPLOYEE GIVING can one word, said enough,change the world? Montvale em ployees build a playground ! Last October, as a Month of Giving activity, the Montvale team volunteered to help build a community playground at the Fairmont School. The project was so rewarding that in June, the team decided to do it It’s almost time to say yes! to giving back to the communities where we live and work! once again, volunteering to build another playground in Ellenville, N.Y.! Western Union employees, led by Melissa Welch, Beginning September 15, 2009 generously donated their day to Mi Casa in Denver on Help change the world by joining our July 21, 2009. The team of volunteers worked tirelessly Employee Giving Circle and donating money to transform the lives of the people who need it most. Beginning October 1, 2009 It’s the second annual Western Union Month of Giving, encouraging Western Union employees around the world to volunteer their time to help people in their very own communities. 6 A Wester n Union Foundation Publication painting offices, cleaning areas around the building, weeding, landscaping and picking up trash. “It was our pleasure to give back to the community,” said Melissa. “It’s what Western Union is all about!” end a day in Denver sp Employees a. at Mi Cas volunteering can we be there when they need us? Italy: In April 2009 a devastating earthquake Fiji: Fiji’s worst flooding in a generation claimed hit Italy’s Abruzzo region. The Western Union lives, left thousands homeless and put many people Foundation, along with Agents Finint and Angelo at risk for disease. The Foundation donated $10,000 Costa, recently granted $367,000 to the Italian through the International Federation of Red Cross and Red Cross for reconstruction efforts, helping to Red Crescent Societies to help with relief efforts. build six prefabricated homes for families in the hard-hit Italian village of Onna. Australia: As fires swept through the state of Victoria, many people were killed or injured and many more were displaced. A Foundation grant of ANNOUNCING $10,000 was made to the American Red Cross to NEW Foundation Board Treasurer help with relief efforts. The Western Union Foundation welcomes Scott Coad, SVP Finance to the Board of Directors. Scott will be serving as Treasurer for the Foundation. Pakistan: Fighting between the Pakistan Army “From a practical standpoint, my skills will be helpful on the financial side. Personally, I am pleased to be able to provide my support to give back to our consumers and their families worldwide. Working with the Foundation really gives visibility to the needs of our consumers. I am deeply proud of the global response of Western Union, the Foundation, our employees and Agents to help provide a better future for the people who need it most.” and militants has displaced more than 2.5 million people in Pakistan’s Swat Valley. A Foundation grant of $50,000 to Mercy Corps is helping deliver aid to thousands of families affected by the violence. Scott Coad, SVP Finance Treasurer, Western Union Foundation Board of Directors For any questions or story ideas, please contact Judy Cara at judy.cara@westernunion.com 12500 E. Belford Avenue M1I Englewood, CO 80112 7 A Wester n Union Foundation Publication