MUMBAI, India--(BUSINESS WIRE)--MoneyGram International, Inc. (NASDAQ:MGI), a leading global money transfer and payment services company, celebrates a grant to the Agastya International Foundation through the MoneyGram Foundation at an event today at Raje Shivaji School in Dharavi, Mumbai. The grant will fund three Mobile Science Labs for one year, each exposing over 7,000 children to hands-on science models. A Mobile Science Lab was at the event today and several students demonstrated their new knowledge to attendees.
“The MoneyGram Foundation believes that education is at the heart of better economic opportunities, healthier families, and individual freedom and empowerment. India possesses great young talent and we wish to nurture this talent right at the beginning,” says Grant Lines, Executive Vice President of Asia Pacific, South Asia and the Middle East at MoneyGram. “The MoneyGram Foundation supports high-impact education programs around the world. We are excited to work with Agastya International Foundation to provide this innovative learning opportunity for thousands of children in the important subject of science.”
Agastya International Foundation’s mission of “a creative India” is achieved by sparking creativity among millions of disadvantaged children and their teachers. The Mobile Science Labs aid in making learning fun and awakening intellectual curiosity. Each lab funded by the MoneyGram Foundation will travel to 30 schools in the states of Uttar Pradesh, Maharashtra and Bihar, teaching children using hands-on science models in physics, chemistry, biology and mathematics.
"We are delighted about the path-breaking collaboration with MoneyGram to launch three Mobile Science Labs for underprivileged children in Uttar Pradesh, Bihar and Maharashtra,” said Ramji Raghavan, Chairman, Agastya International Foundation. "With the MoneyGram Foundation’s support, over 20,000 children every year will experience the joy of hands-on, experiential learning which we believe will spark their curiosity and help to nurture their creativity like never experienced before."
The MoneyGram Foundation, launched in 2012, was established with the mission to help children around the world gain access to educational facilities and learning resources. In 2013, the MoneyGram Foundation awarded 14 grants in 10 countries worldwide. The grant to the Agastya Foundation was awarded in 2014, along with five other grants to help inspire minds and improve lives.
About MoneyGram International, Inc.
MoneyGram, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers money transfer services worldwide through a global network of 339,000 agent locations - including retailers, international post offices and financial institutions - in more than 200 countries and territories. MoneyGram also offers bill payment services in the U.S. and Canada. To learn more about money transfer or bill payment at an agent location or online, please visit moneygram.com or connect with us on Facebook.
About the MoneyGram Foundation
MoneyGram, a leading global money transfer company, established the MoneyGram Foundation in 2012 to help children gain better access to education and learning resources. The Foundation distributes grants around the world to deserving organizations that are committed to improving education. Its mission – to inspire minds and improve lives – is firmly rooted in the belief that education is at the heart of better economic opportunities, healthier families and individual freedom and empowerment. To learn more, please visit moneygramfoundation.org.
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