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GEICO donates $46,000 to CREF to fund scholarships, grants

Monday, April 29, 2013 - 07:33
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The GEICO Philanthropic Foundation recently donated $46,000 to the Collision Repair Education Foundation to provide $6,000 in collision student scholarships and $25,000 in special school grants in 2013. An additional $15,000 will go towards the general fund, the Collision Repair Education Campaign, which supports all Education Foundation activities including the Ultimate Collision Education Makeover grant.

The scholarships and school grants will go to support students and schools located in the specific GEICO markets of southern California, southern Florida, Washington, D.C., and New York. Students were able to apply for these GEICO scholarship opportunities as well as $300,000 in other opportunities this spring through the Collision Repair Education Foundation. Scholarship winners will be announced in May 2013.

For the GEICO school grants, five awards in the amount of $5,000 each will be given to schools in the GEICO markets that apply for the 2013 Ultimate Collision Education Makeover grant. The application for the Makeover grant is available at www.CollisionEducationFoundation.org and is due on May 31. Schools that apply will also be eligible for one of two $50,000 awards and an additional six $10,000 awards.

"With the continued complexity of today's automobile, we know how important it is to develop the appropriate skills and technical education in auto collision repair," says Bill DeGrocco, GEICO's assistant vice president of auto damage. We want to give students at thse schools every educational opportunity and we are product to support them."

About GEICO
GEICO is a member of the Berkshire Hathaway family of companies and is the third-largest private passenger auto insurance company in the United States. GEICO provides millions of auto insurance quotes to U.S. drivers annually. The company is pleased to serve more than 11 million private passenger customers and insures more than 18 million vehicles (auto & cycle). GEICO's online service center helps policyholders take care of policy sales, policy changes, claims reporting and to print insurance ID cards.

GEICO also provides insurance quotes on motorcycles, all-terrain vehicles (ATVs), travel trailers and motorhomes (RVs). Coverage for boats, life, homes and apartments is written by non-affiliated insurance companies and is secured through the GEICO Insurance Agency. Commercial auto insurance and personal umbrella protection are also available. For more information, go to www.geico.com.


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