NAFEO and The Dream Company, LLC (â€śDreamâ€ť) joined forces to initiate, â€śInsuring the Dream,â€ť a fundraising program to support the nationâ€™s Historically Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs).
â€śInsuring the Dreamâ€ť is an innovative life insurance program that will provide supporters of HBCUâ€™s and PBIâ€™s with an opportunity to obtain superior coverage while raising revenue for the institution of their choice. The program offers an additional vehicle for these institutions to garner support from administrators, faculty, staff, students, alumni, family as well as to an extended circle of friends who have remained an under-tapped resource as potential major donors.
â€śWe are delighted to engage in this partnership that I believe will provide a mutually beneficial path to enhancing the financial well-being of our member institutions. It will provide supporters of HBCUs and PBIs a cost efficient, effortless way of leaving a legacy to institutions of their choosing,â€ť said NAFEO President & CEO, Lezli Baskerville. â€śI encourage all HBCU and PBI administrators, faculty, staff, students, alumni, and friends of education, in general, to learn about this program and consider adding it to their planned giving and investment portfolio,â€ť she added.
The Dream Companyâ€™s President, M.L. Carr, the former legendary Boston Celtics player, said of the program, â€śAs a college board member, I understand the ongoing financial needs of colleges and universities in this uncertain time. Through â€śInsuring the Dream,â€ť current students, alumni and friends of Historically Black Colleges and Universities and Predominantly Black Institutions will finally receive the resources they require and the coverage that they need.â€ť
The collaboration with NAFEO, the nationâ€™s only membership association of the public and private, two and four-year HBCUs and PBIs, allows The Dream Company to reach those who have an affinity for educational institutions, and provide them with the opportunity to designate an HBCU as the beneficiary of their policy, while giving them access to affordable and comprehensive insurance coverage. The partnership offers a new opportunity to give for those who may not have regularly designated funds for educational support, by allowing a portion of their insurance premium to benefit the school of their choice.
The program will provide an alternative and unique fundraising program to HBCUs and PBIs that creates a large-scale and sustainable revenue source at no cost. Supporters will purchase high quality insurance that they need and will normally buy, with the added benefit of having the proceeds go to their HBCU or PBI of choice. This program benefits all parties involved and, most importantly, future leaders who are in need of financial resources to support their continuing education.
About Dream Company: www.dreaminsurance.com The Dream Company, LLC provides risk management solutions in the life, disability and long-term care markets. We offer products through wholesalers and distribute through strategic partners such as financial planners, CPAs, attorneys, clinical psychologists, other advisers, as well as directly through the internet. Our â€śgroup plansâ€ť center around the delivery of an affordable, low face amount term life insurance product. The internet, coupled with our proprietary "GENI Dream" software system, provides full service proposal, enrollment, underwriting, delivery and billing capabilities.
About NAFEO: www.nafeo.org. The National Association for Equal Opportunity in Higher Education (NAFEO) is the 501 (c) (3), tax-exempt, not-for-profit membership association of the nationâ€™s Historically Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs). Founded in 1969, NAFEO is the only membership association of its kind, representing the presidents and chancellors of the diverse black colleges and universities: public, private and land-grant, two-year, four-year, graduate and professional, historically and predominantly black colleges and universities.
NAFEO was founded to provide an international voice for the nationâ€™s HBCUs; to place and maintain the issue of equal opportunity in higher education on the national agenda; to advocate policies, programs and practices designed to preserve and enhance HBCUs; and to increase the active participation of blacks at every level in the formulation and implementation of policies and programs in American higher education.
DONâ€™T DELAY, SIGN UP TODAY TO ENSURE THE DREAM OF A QUALITY, COMPETITIVE EDUCATION FOR STUDENTS OF TODAY AND TOMORROW AT THE HBCU OR PBI OF YOUR CHOOSING, PLEASE CLICK HERE
National Association for Equal Opportunity in Higher Education (NAFEO)