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.@INGact2impact nurtures smart investors. Awards college scholarships to investment challenge teams. http://3bl.me/wgcfkw #INGgirlsinc

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Audria Belton Benn
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ING U.S.

ABOUT ING U.S.

ING U.S., which plans to rebrand in the future as Voya Financial, serves the financial needs of approximately 13 million individual and institutional customers. Our 7,000 employees are focused on ING U.S.s mission to guide Americans on their journey to greater retirement readiness and to make a secure financial future possible -- one person, one family and one institution at a time.

ING U.S. creates shared value for our company and the community by conducting business in a way that is socially, environmentally, economically and ethically responsible. Our corporate responsibility strategy, guided by principles of transparency, disclosure, balance and context, focuses our work around four pillars: community investment, multicultural affairs, environmental sustainability and business practices and principles. For more information, please visit us athttp://ing.us/about-ing/responsibility.

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ING Foundation Awards Scholarships to Young Investors

Aug 27, 2012 7:00 PM EDT

How would you like a 54.55% return on your investment portfolio? The NYC Investment Divas who participated in the ING-Girls Inc. Investment Challenge can boast about the solid results they delivered managing a $50,000 virtual portfolio the past three years as part of an integrated investment- and economic-literacy curriculum.

On Aug. 16, Rob Leary, president and COO, ING U.S., presented a $25,000 “big check” representing their scholarship award during a celebration event in Brooklyn attended by the girls and their families, Girls Inc. staff, ING U.S. representatives and special guests. “Our latest research from the ING Retirement Research Institute indicates that on average, women are significantly less prepared for retirement than men. I believe the ING-Girls Inc. Investment Challenge can help level that playing field,” said Rob. “We are so proud of the New York City Investment Divas. They are well on their way to securing a better financial future.”

A special thanks to ING U.S. Investment Management employee volunteers, Kristy Finnegan, senior analyst, and Kristin Manning, assistant portfolio manager and analyst, for not only helping the girls understand investment principles, but also serving as mentors to the girls. The girls entered the ING-Girls Inc. Investment Challenge with little to no knowledge of money management, but at the end of the three years they were empowered to lead within their teams, propose investment ideas and challenge themselves to present publicly.

“The ING-Girls Inc. Investment Challenge builds on our long and deep tradition of equipping girls to overcome economic barriers to growing up healthy, educated, and independent with research-based, hands-on programs,” said Judy Vredenburgh, president and CEO of Girls Inc. “Thank you, to our special partner, ING U.S., for opening the doors of opportunity, believing that every girl can take command of her financial future, and expanding our girls’ horizons.”

 

See latest media highlights about the ING-Girls Inc. Investment Challenge:

LearnVest: http://www.learnvest.com/2012/07/new-programs-connect-girls-with-finance/

InvestmentNews: http://www.investmentnews.com/article/20120819/REG/308199975

 

The ING-Girls Inc. Investment Challenge Teams Performance

Team Rank

Team Name

Girls Inc. location

Portfolio Value

Return (%)

Team Total Scholarship awarded

# Girls eligible for scholarship

1

NYC Investment Divas

 New York

$77,273.27

54.55%

$25,000

10

2

Empowered Investors

  Denver

$71,283.75

42.57%

$21,284

4

3

King Drew Profiteers

  Los Angeles

$66,309.38

32.62%

$16,300

11

4

ING Money Makers

  Alameda County, CA

$65,499.14

31.00%

$15,500

10

 

About ING U.S.
ING U.S. constitutes the U.S.-based retirement, investment and insurance operations of Netherlands-based ING Groep N.V. (NYSE: ING). In the U.S., the ING family of companies offers a comprehensive array of financial services to retail and institutional clients, including retirement plans, IRA rollovers and transfers, stable value, institutional investment management, mutual funds, alternative investments, life insurance, employee benefits, fixed and indexed annuities and financial planning. ING U.S. holds top-tier rankings in key U.S. markets and serves approximately 13 million customers across the nation.  For more information, visit http://ing.us.

About the ING Foundation
The ING Foundation’s mission is to improve the quality of life in communities where ING U.S. operates and its employees and customers live. Through charitable giving and employee volunteerism, the foundation focuses on programs in the areas of financial education, children’s education and physical education. 


For more information, visit www.ing-usafoundation.com, connect with us on Facebook at www.facebook.com/act2impact or follow us on Twitter @INGact2impact.

SOURCE ING U.S.

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