The Jenzabar Foundation Aids Babson College in Providing Educational Programs to Local and International Schools

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Babson College Receives Grant to Help Implement One Hen Program in Boston and Ghana

From Left: Dennis Hanno, Dean of the Undergraduate School at Babson, Amma Sefa-Dedeh, Executive Director at One Hen, Sree Balamurugesh, One Hen, Jairo Nunez, student at Babson College, Cameron Wilson, student at Babson College, Len Schlesinger, President of Babson College, Robert A. Maginn, Chairman of The Jenzabar Foundation, John Beahm, Executive Director of The Jenzabar Foundation, and Eric Graage, Vice President for Development at Babson College.

The support from The Foundation will allow Babson students to positively impact the lives of children both locally and overseas.

The Jenzabar Foundation, which issues grants to institutions of higher education and other charitable organizations, announced today that it awarded a grant to Babson College to help implement an educational program for disadvantaged communities. Through the work of One Hen Inc., a nonprofit that introduces children to the principles of microfinance, entrepreneurship, financial responsibility, personal initiative, global awareness and the value of giving back, the educational program will reach one hundred elementary and middle school children in Boston schools and three elementary schools in Ghana.

The Jenzabar Foundation is also providing a grant to the Net Impact Babson Chapter to subsidize the cost of Babson students attending the 2009 Net Impact Conference in Cornell University, Ithaca, NY. The Conference will bring together the players behind the sustainable global enterprise movement, including sustainability and corporate responsibility practitioners, social entrepreneurs, and nonprofit leaders.

“At Babson, we believe a successful education is measured not only within the classroom, but also by the experiences students receive through their service work,” said Leonard A. Schlesinger, President of Babson College. “The Jenzabar Foundation’s mission is very much aligned with Babson College’s commitment to helping students take initiative and make a positive impact through service endeavors. With the Foundation’s aid, Babson students will be able to play an active role in the One Hen Boston/Ghana Project and learn more about social responsibility.”

The One Hen program teaches children to be financially responsible global citizens and equips them with skills that help them succeed in school and beyond. The One Hen Boston/Ghana Project is a partnership with BELL National, City Year, The Jenzabar Foundation, and Babson College to reach 100 underprivileged children in Boston with One Hen’s enrichment program, Kojo’s Academy. The program will also reach three elementary schools in Ghana. Forty graduate and undergraduate students from Babson College will implement One Hen’s curriculum to teach entrepreneurship in Ghana high schools as part of the 2010 program.

Equipping teachers and volunteer networks with resources that bring world issues into the classroom and seeding children with an entrepreneurial vision for their lives and a passion to contribute to solving our world’s great problems are at the core of One Hen’s mission. The support of the Jenzabar Foundation will provide curriculum workbooks, materials and training for volunteers and teachers making the One Hen Boston Ghana Project possible,” said Amma Sefa-Dedeh, Executive Director of One Hen, Inc. “The support from The Foundation will allow Babson students to positively impact the lives of children both locally and overseas.”

The One Hen “Kojo’s Academy” curriculum teaches children about microfinance and how they can make a difference in their own lives by working hard and by giving back to their communities. Children explore their dreams for the future, learn how business works and the basics of money management, and then receive micro-loans to start businesses.

“As a Foundation that supports the humanitarian efforts of students, we are dedicated to providing them opportunities to help the less fortunate and make a difference beyond their higher education institution,” said Robert A. Maginn, Chairman of the Jenzabar Foundation and CEO and Chairman of the Board of Jenzabar, Inc. “Babson College and One Hen are doing great things, and The Jenzabar Foundation is proud to help them not only provide educational programs for children, but also to promote student and global philanthropy.”

About Babson College
Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit http://www.babson.edu.

About One Hen, Inc.
One Hen, Inc., is a 501(c)(3) nonprofit that grew out of the 2008 children’s book on microfinance: One Hen: How One Small Loan Made a Big Difference, and the educator movement it inspired. One Hen’s mission is to help children become global citizens that succeed in school and beyond and marry that success to helping others. One Hen Global Kids, a family of enrichment books and web-based resources developed by One Hen teaches elementary school children about world issues where they can make a difference, always cultivating values of financial responsibility, personal initiative, global awareness and giving back.. The website, http://www.onehen.org, offers students a chance to learn through partipating in interactive activities that simulate real loans to real micro-entrepreneurs from One Hen, Inc. field partner Opportunity International.

About The Jenzabar Foundation
The Jenzabar Foundation issues grants to institutions of higher education and other charitable organizations with similarly aligned missions, and helps promote the activities of grant recipients within their communities and on a global level. The Jenzabar Foundation is a charitable and educational organization that received its initial funding from Jenzabar, Inc., but is now seeking financial support from the general public. Foundation grants are managed by the Foundation itself or through cooperating educational organizations. For more information please visit The Foundation Web site at http://www.thejenzabarfoundation.org.

Contact: Carina Ganias, The Jenzabar Foundation
617-492-9099 ext. 365

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