Allstate and the Tom Joyner Foundation Work to Support Historically Black Colleges and Universities with Annual Quotes for Education Program

HBCU Students, Alumni and Supporters Can Help Raise $250,000 in Scholarship Funds to Help Keep HBCUs Strong

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Aug 05, 2014, 09:00 ET

NORTHBROOK, Ill., Aug. 5, 2014 /PRNewswire/ -- As students head back to campus this fall, they'll embrace the same long-standing traditions as generations of college students who came before them. This year, Allstate and the Tom Joyner Foundation are encouraging students, alumni and supporters of Historically Black Colleges and Universities (HBCUs) across the country to recall the traditions, pride, and love they have for their HBCUs - and help keep them strong by participating in the Allstate Quotes for Education program in states where it's available.

Allstate logo. (PRNewsFoto/Allstate Insurance Company) (PRNewsFoto/) (PRNewsFoto/)

For every person who receives an insurance quote from a participating Allstate agent between August 1 and Nov. 30, 2014, and mentions "Quotes for Education," Allstate will donate $10 -up to a total donation of $200,000. These funds will be donated to the Tom Joyner Foundation and earmarked for general scholarship funds to assist students attending HBCUs.

In addition, for the third year in a row, everyone will also have the opportunity to cast their vote for the HBCU of their choice to win an additional $50,000 in scholarship funding. In 2013, Grambling State University received the most votes and distributed scholarship funds to 50 students.

"Allstate and the Tom Joyner Foundation are proud to work together on the 2014 Quotes for Education program," said Cheryl Harris, Senior Vice President at Allstate and alumna of Florida A&M University. "HBCUs are hurting financially more than ever, and with assistance programs declining dramatically over the past couple of years, we realize the importance of investing in the future of HBCU students across the country. We hope the entire HBCU community will quote and vote, and join us in saying HBC 'I Owe' U."

According to a 2013 report by the Council for Aid to Education, only 10 percent of HBCU alumni actively give back to their alma maters. This year, Allstate and the Tom Joyner Foundation are challenging the HBCU community to help pay it forward and help future generations of HBCU students by participating in the Quotes for Education program.

This marks the fourth year that Allstate has worked with the Tom Joyner Foundation for the Quotes for Education program. Additionally, for the past ten years, Allstate has been the title-sponsor of the Allstate Tom Joyner Family Reunion, an annual event taking place in Orlando during Labor Day weekend. Both of these programs are part of Allstate's year-round commitment to programs that empower the African-American community.

"I owe so much to my alma mater, Tuskegee University, and am honored to give back to the institution that made me the man I am today," said Tom Joyner, chairman and founder of the 15-year-old foundation. My goal is to help grow zealous, education and world-changing graduates. Not only will a quote invest in a students life and career, but it will also help ensure the future of the entire HBCU community."

To participate in the Quotes for Education program, visit Allstate.com/hbcu to find a nearby participating agent or receive a quote online, and for official rules.

About Allstate
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, protecting approximately 16 million households from life's uncertainties through its Allstate, Encompass, Esurance and Answer Financial brand names and Allstate Financial business segment. Allstate is widely known through the slogan "You're In Good Hands With Allstate^®." The Allstate brand's network of small businesses offers auto, home, life and retirement products and services to customers in the United States and Canada. In 2013, The Allstate Foundation, Allstate, its employees and agency owners gave $29 million to support local communities. Allstate employees and agency owners donated 200,000 hours of service across the country.

About The Tom Joyner Foundation
The Tom Joyner Foundation (http://tomjoynerfoundation.org) was founded in 1998 as the brainchild of nationally syndicated radio personality Tom Joyner. The mission of the Foundation is to support historically black colleges and universities (HBCUs) with scholarships, endowments and capacity-building enhancements. The Foundation has provided necessary support to every HBCU in its 14-year history to help sustain and preserve the legacies of these valuable institutions. Through fundraising and donor development initiatives, $65 million has been raised to support more than 29,000 students attending HBCUs. Additionally, the Foundation has recommended internships, offered matching grant support, and career development to deserving students.

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