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Sun Life Rising Star Awards Program Provides $220,000 in Grants and Scholarships to Nonprofit Organizations and Four Outstanding Florida High School Seniors

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WELLESLEY, Mass. - (BUSINESS WIRE) - The U.S. division of Sun Life Financial Inc. (NYSE: SLF, TSX: SLF) today announced the winners of the Sun Life Rising Star Awards program in South Florida. Sun Life Financial awarded a total of $220,000 in scholarships and grants to four nonprofit organizations for their commitment to providing academic opportunities to at-risk youth, and to an exemplary student nominated by each organization. The Sun Life Rising Star Awards program recognizes and provides resources to students who have overcome the odds and are committed to furthering their education, and to the nonprofit organizations that advocate on their behalf.

Each nonprofit organization will receive a $50,000 grant along with training, materials, and the curriculum infrastructure necessary to develop and provide financial education for the youth in its program. Additionally, each student will receive a $5,000 scholarship to help finance a post-secondary education.

South Florida is one of seven areas that the Sun Life Rising Star Awards program will visit in 2010, providing more than $1,000,000 in grants and scholarships. Each winning organization will automatically be considered for the National Sun Life Rising Star Award, with the winner receiving an additional $50,000 grant. Winning students are also invited to enter an essay competition in which one student will be selected as the National Sun Life Rising Star award winner and receive a scholarship worth up to $50,000. The national award winners will be announced in February 2011.

A recent financial fitness study of at-risk youth and their parents, commissioned by Sun Life Financial, revealed that families and students alike face tremendous barriers when seeking to enter college, with 72% of parents and 63% of students stating that college costs are unaffordable. Nearly 30 percent of U.S. students do not graduate from high school, and only half of those are prepared to succeed in college, career, and life. Sun Life Financial recognizes the challenges facing today's students and is dedicated to helping improve educational opportunities for the nation's at-risk youth.

"Sun Life Financial is committed to the communities where it conducts business and we are honored to recognize these outstanding organizations and students who care so deeply about their communities as Sun Life Rising Stars," said Sun Life Financial U.S. President Wes Thompson.

Representatives of the Sun Life Rising Star Awards program surprised each student with their scholarship award at four separate area events attended by Miami Dolphins players and cheerleaders as well as Jeanette Sparano, Rising Star Awards judge and wife of Dolphins head coach Tony Sparano. The Sun Life Rising Star Awards program is the educational cornerstone program of the Miami Dolphins Foundation.

"We're thrilled to partner with Sun Life to recognize these exceptional students and nonprofit organizations in South Florida," said Miami Dolphins Chief Executive Officer Mike Dee. "We firmly believe in putting the Dolphins brand and resources behind the institutions and individuals who are committed to success in the classroom. We thank Sun Life who shares our vision and commitment to giving back to our region."

Following is a list of the Florida Sun Life Rising Star Awards program nonprofit organization grant and student scholarship recipients:

College Summit – College Summit is a national nonprofit organization that partners with schools and districts to strengthen college-going culture and increase college enrollment rates, so that all students graduate career- and college-ready.

College Summit Student Award Recipient: Warren Charles Coley, Miami Jackson Senior High School

  • Warren has been extremely active during his time at Miami Jackson High School, and is highly regarded by his peers, who voted him President of his 10th, 11th, and 12th grade classes.
  • As a member of the Epsilon Distinguished Men of Society, Warren helps with their annual "Clean-Up Baynanza" event, removing trash from the Bay Area of Greater Miami.
  • He is the Horticultural Coordinator for the "Jackson Seedlings," a conservationist group of students who plant trees and pick-up litter to serve their mission of revitalizing local urban areas.
  • Warren is a volunteer usher at the New Birth Baptist Church, where he also sings in the choir.
  • He will apply to Xavier University, Florida State University, and Florida International University, and plans to major in Information Technology and Business Management with the goal of pursuing a career as a computer engineer/Microsoft Certified Engineer.

Urban Youth Impact – Urban Youth Impact has been working to love, equip, and empower inner-city youth and families since 1997. In 2008, UYI launched The Leadership Academy (TLA), the only comprehensive, faith-based youth development program in its community.

Urban Youth Impact Student Award Recipient: Miranda Stackhouse, Seminole Ridge High School

  • Miranda came to Urban Youth Impact to participate in UYI's Summer Work Program, which provides students ages 15 to 18 the opportunity to obtain work experience at local businesses and organizations.
  • While living in Illinois, Miranda volunteered at the Harvey Community Center as a mentor for younger students. She was also active on her high school's Speech Team and Spoken Word Team.
  • Miranda served as a teacher's aide at Orthodox Zion Baptist Church's summer camp in inner-city West Palm Beach.
  • During her senior year, Miranda will be enrolled in a dual program allowing her to complete her senior year at Seminole Ridge High School and begin her collegiate career at Palm Beach State College. She plans to pursue a four-year degree in communication and arts, specializing in spoken word, and hopes to be a motivational speaker.

HANDY, Inc. – HANDY, Inc. is an award-winning nonprofit organization founded in 1985 to meet the fundamental needs of Broward County's foster care children and those who have been placed in the care of non-relative and relative caregivers under protective supervision. HANDY's programs provide children with safety and well-being, education, social and recreational activities, and advocates to give these children a voice.

HANDY, Inc. Student Recipient: LaGary Roberson, Flight Center GED

  • LaGary has been an active participant in the HANDY LIFE program since 2006, participating in the on-site virtual high school from 2007 to 2009 and attending the Lawton Chiles Leadership Corp Conference.
  • He has been a member of the HANDY LIFE Program Youth Advocacy Board and participated in the Trip of a Life Time to Washington, D.C. in June 2010.
  • LaGary participated in Broward Days in Tallahassee and has advocated for college scholarships for at-risk students who receive no state assistance for school tuition or books.
  • LaGary has begun attending Broward College and is pursuing his AA degree in Exercise Science and Wellness or Sports Medicine. He plans to transfer to Florida Atlantic University to continue toward his Bachelor's degree in Sports Medicine or a similar field.

Boys & Girls Clubs of Lee County – Boys & Girls Clubs of Lee County work to enable young people, especially those in need, to reach their full potential as productive, caring, responsible citizens. The organization serves 2,800 youth ranging from ages 6 to 18 at seven sites throughout the county which are staffed by youth development professionals who have been trained to instill a sense of belonging, competence, influence, and usefulness in the youth they serve.

Boys & Girls Clubs of Lee County Student Recipient: Koa A. Sua, Cape Coral High School

  • Koa has been an active member of the Boys & Girls Clubs of Lee County for more than four years.
  • Last year she volunteered more than 270 hours of service to her unit, Barrett Park in North Fort Myers. She helps younger members with homework, assists staff in group projects, and serves as a role model to all who attend her unit.
  • Koa was a member of the Odyssey of the Mind Team that finished in the top 15 at the World Team Championships.
  • Koa plans to attend the University of Florida or Stetson University and hopes to become a lawyer.

Sun Life Rising Star Awards organizations and students will be recognized at a special pre-game on-field ceremony and celebration at the Miami Dolphins-Pittsburgh Steelers game at Sun Life Stadium on October 24.

An independent panel of judges comprised of local South Florida community leaders selected the winning organizations. Judges included: Miami Dolphins Limited Partners and professional tennis stars Venus and Serena Williams, wife of Dolphins Head Coach Tony Sparano Jeanette Sparano, Dolphins wide receiver Davone Bess, Society Scene Publisher Stacy Ostrau and local philanthropist Ada Cole.

For more information on the Sun Life Rising Star Awards, please visit www.sunliferisingstar.com.

About Sun Life Financial

Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of June 30, 2010, the Sun Life Financial group of companies had total assets under management of $407.8 billion. For more information please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

SLPC 22452 (9/14/11)

Sun Life Financial
Alexi Maravel, 781-446-1624
alexi.maravel@sunlife.com
or
Elevate Communications
Keith Gainsboro, 857-234-1481
kgainsboro@elevatecom.com



 
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