United States, Georgia, Atlanta - 11/11/2020 — Atlanta, GA - November 11, 2020 – 100 Black Men of America, Inc. is pleased to announce the championship round winners of the Dollars and $ense Competition. The event took place on Saturday, November 7, 2020 and included three teams of high school students, who are mentees of 100 Black Men. Participants were given a financial scenario to solve that included budgeting for housing expenses, debt management and financing a business start-up.
“I am so proud of the resilience our youth have displayed throughout this unprecedented year in world history. Our 2020 competition provided a global venue to display their resiliency. It was evident that 100 mentees remain steadfast and focused on participating in education and empowerment opportunities that equip and prepare them to reach current and future goals,” stated Thomas W. Dortch, Jr., Chairman, 100 Black Men of America, Inc. “Working collaboratively with our partner State Farm and 100 chapters across the country, we were able to successfully deliver a virtual Dollars and $ense Youth Investment Program to deserving students.”
The financial literacy program awards over $10,000 annually and has been a 100 programmatic initiative for 15 years. Since its inception, the competition has included leaders and dedicated members from both State Farm and 100 Black Men of America, Inc. The 2020 Virtual Dollars and $ense Youth Investment Competition was supported and facilitated by the following moderator, emcee and judges:
“100 Black Men of America, Inc. and State Farm team up to provide financial education and youth leadership programs to students and communities around the country,” said Jason Roberts, Sales Leader at State Farm. “We are proud to support the Dollars & $ense Youth Investment Program because we recognize financial literacy is critical to the future success of our young people."
Additional participants taking part in the first ever virtual championship round of the competition was Thomas W. Dortch, Jr., Chairman, 100 Black Men of America, Inc., Jada Jamison-Belser, 2020 Mentee of Year and Milton H. Jones, Jr., Treasurer. The competing teams, in the order of final results, were first place winner - 100 Black Men of Madison, Inc., second place winner - 100 Black Men of Central Illinois, Inc. and third place winner - 100 Black Men of Greater Charlotte, Inc., all delivering outstanding showings throughout the competition. The following exceptional scholars participated during the live online event:
The 2020 overall participation included these additional 100 Black Men chapters and students from across the United States:
About 100 Black Men of America, Inc.
100 Black Men was founded as an organization in New York City in 1963. The national organization, 100 Black Men of America, Inc. began with nine chapters in 1986 as a national alliance of leading African American men of business, public affairs and government with a mission to improve the quality of life for African Americans, particularly African American youth. These visionaries included businessmen and industry leaders such as David Dinkins, Robert Mangum, Dr. William Hayling, Nathaniel Goldston III, Livingston Wingate Andrew Hatcher, and Jackie Robinson. Since inception, the vision emerged and grew to over 10,000 members impacting over 125,000 underserved, underrepresented minority youth annually. Visit www.100blackmen.org for more information on the programs and initiatives of 100 Black Men of America, Inc. and their global network of chapters.
About State Farm ®:
The mission of State Farm is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance in the United States. Its 19,200 agents and 59,000 employees serve approximately 84 million policies and accounts – over 81 million auto, fire, life, health and commercial policies and over 2 million bank and investment planning services accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 36 on the 2019 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com.
Media Contacts:Company Name: 100 Black Men of America, Inc.