Philanthropic Donates $21,000 to I-CAR® Education Foundation for Educational Support

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HOFFMAN ESTATES, IL September 16, 2009 – Along with donating $15,000 to the I-CAR Education Foundation's Collision Repair Education Campaign, the GEICO Philanthropic Foundation is proud to announce additional scholarship opportunities for students studying collision repair.

The GEICO Scholarship Program will offer a $1,500 tuition-and-tool-purchase scholarship to each of four recipients—$1,000 for tuition reimbursement and $500 for tool purchases—for an additional total of $6,000.   The schools selected for this scholarship are in New York, Washington, DC, Florida, and California. 

The I-CAR Education Foundation’s Collision Repair Education Campaign allows the Foundation to provide annual grants and scholarships to support schools, instructors, and students in collision education.
 
"This is an exciting program because it is not only a new scholarship, but also our first student tool grant," says Scott Kruger, I-CAR Education Foundation Executive Director. "Collision technicians can have thousands of dollars invested in the tool boxes and, thanks to GEICO, graduating collision techs will be able to get a good start on their tool collection as well as help pay for their education."

"We are happy to help support efforts to develop a new generation of auto repair professionals,” said Don Lyons, GEICO senior vice president.  "Tomorrow’s cars need top specialists with the best training and skills. We’re glad to be part of this program."

The I-CAR Education Foundation, founded in 1991, is a not-for-profit organization dedicated to securing donations that support philanthropic and collision repair education activities that promote and enhance career opportunities in the industry. For information on how to donate to programs supported by the Education Foundation, visit us on the Internet at: www.ed-foundation.org.

GEICO (Government Employees Insurance Company) is a member of the Berkshire Hathaway family of companies and is the third-largest private passenger auto insurer in the United States.* GEICO handles auto insurance coverage for 11 million private passenger auto policies and insures more than 17.5 million vehicles.

In addition to auto insurance, GEICO offers customers insurance products for their motorcycles, all-terrain vehicles (ATVs), travel trailers and motor homes (RVs). Coverage for life, boats, homes and apartments is available through the GEICO Insurance Agency. Commercial auto insurance and personal umbrella protection are also available.

As a member of the Berkshire Hathaway group of companies, GEICO is rated A++ for financial strength by A.M. Best Company and ranks at the top of several national customer satisfaction surveys. For more information, go to http://www.geico.com.

*A.M. Best

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