CCA Celebrates $1 Million Milestone of CCAssist Fund

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Company effort that lends a financial hand to employees during tough times reaches major achievement

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Reaching $1 million in awards reflects the generosity and selfless spirit of our work force, especially in recent tough economic times.

CCA, the nation's' leader in partnership corrections, this month celebrates a major milestone reached by the CCA Employee Assistance Fund, a related 501(c)(3) nonprofit corporation that provides emergency financial support to CCA employees experiencing difficult times. The CCAssist Fund has now distributed more than $1 million in financial assistance to employees since its inception in late 2006.

"This is a significant achievement for the CCAssist Fund," said Damon Hininger, CCA president and chief executive officer. "Reaching $1 million in awards reflects the generosity and selfless spirit of our work force, especially in recent tough economic times. The CCAssist Fund truly is about employees helping each other."

Developed four years ago, the CCAssist Fund is a tax exempt public charity funded primarily through employee donations. The Fund provides monetary aid to employees facing a range of unforeseeable emergency expenses in the event of personal crisis, natural disaster or illness. Employees who support the Fund voluntarily elect to be donors and contribute an individually determined amount to the Fund, typically through payroll deduction. Last year employees donated over $300,000 to the Fund, making possible awards to approximately 600 colleagues across the country. Contributions to the Fund are tax-deductible.

The CCAssist Fund typically assists 50 or more employees each month through an average award of $500, equaling approximately $25,000 in monthly aid disbursements. Fund awards are not loans and are not expected to be repaid by recipients. More than 2,000 employees have been helped since the Fund's inception.

"The CCAssist Fund demonstrates that the CCA family is connected and caring, from state to state and facility to facility," said Scott Craddock, CCA assistant general counsel and CCAssist Fund president. "The Fund's support to employees in times of acute need is meaningful both to donors and recipients, whether recipients are dealing with homes damaged by flooding, tornadoes or other weather-related events, unexpected medical bills or funeral expenses."

Every August, CCA has a companywide CCAssist Fund Giving Campaign, during which employees at its more than 60 facilities across the country mobilize to host employee events and fundraisers to encourage participation and raise awareness. CCA's more than 17,000 employees, however, may elect to begin contributing to the CCAssist Fund at any time.

About CCA

CCA is the nation’s largest provider of partnership corrections to federal, state and local government, operating more than 60 facilities, including more than 40 company-owned facilities, with approximately 87,000 beds, in 19 states and the District of Columbia. In addition to providing the residential services for inmates, CCA facilities offer rehabilitation and educational programs, including education, vocation, religious services, life skills and employment training and substance abuse treatment. For more, visit http://www.correctionscorp.com and http://www.ccacommunities.com.

Contact: Louise Grant, spokesperson
CCA
(615) 263-3106 or (615) 289-4298

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Louise Grant
CCA
(615) 263-3106
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