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Sallie Mae Contributes $24,000 to Support Food Bank of Delaware

May 21, 2019

NEWARK, Del.--(BUSINESS WIRE)--May 21, 2019--

Sallie Mae announced a $24,000 contribution from the company’s charitable arm, The Sallie Mae Fund, to support the Food Bank of Delaware. The grant will assist local students through the Food Bank’s workforce development initiative, Delaware Food Works, which offers programs in food service, warehousing, and agriculture.

“The Food Bank of Delaware facilitates long-term solutions to the problems of hunger and poverty through community education and advocacy,” said Patricia Dobbe Beebe, president and chief executive officer, Food Bank of Delaware. “Sallie Mae’s support will help our programs reach more individuals and further develop the skills needed to provide job security and economic sustainability.”

Since 2014, Sallie Mae has contributed more than $150,000 to the Food Bank of Delaware. In addition to providing grants, the company’s employees consistently participate in various Food Bank of Delaware initiatives, including the Thanksgiving For All food drive, which helps out families in need during the holiday season. Last year, Sallie Mae employees collected 1,500 pounds worth of food.

“The Food Bank of Delaware has a proven track record of empowering and educating individuals to help create a community free of hunger,” said Martha Holler, senior vice president, Sallie Mae. “We are proud to continue our support as part of a broader commitment to giving back in the communities where our employees live and work.”

Sallie Mae has more than 1,000 employees between its corporate headquarters in Newark and second location in New Castle. For more information, visit www.SallieMae.com.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190521005708/en/

CONTACT: Connor Peoples

302.451.0402

Connor.Peoples@SallieMae.com

KEYWORD: UNITED STATES NORTH AMERICA DELAWARE

INDUSTRY KEYWORD: WOMEN EDUCATION PRIMARY/SECONDARY OTHER EDUCATION NATURAL RESOURCES AGRICULTURE PHILANTHROPY PROFESSIONAL SERVICES BANKING PARENTING TEENS OTHER PROFESSIONAL SERVICES TRAINING OTHER PHILANTHROPY CONSUMER FAMILY FOUNDATION FUND RAISING MEN

SOURCE: Sallie Mae

Copyright Business Wire 2019.

PUB: 05/21/2019 11:40 AM/DISC: 05/21/2019 11:40 AM

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