Wednesday, October 17, 2007

Delaware Investments Charity Golf Classic Raises Funds for Philadelphia Society of Services to Children

PHILADELPHIA — Delaware Investments announced that the third annual Delaware Investments Charity Classic, held on Oct. 8, raised more than $134,000. All proceeds will benefit the Philadelphia Society for Services to Children (PSSC) a private social service agency founded in 1835 with a mission of promoting the wholesome development of Philadelphia's youth in a family environment.

The funds raised will be used to enhance PSSC's commitment to providing programs and networks that help children grow up in safe, stable, and supportive family environments as an alternative to allowing children to remain in unsuitable situations or taken from their families. PSSC's work begins before a child is harmed or placed into foster care by offering social services programs that strengthen families, preventing child abuse and neglect. PSSC's programs are voluntary, serving men and women who want to be better mothers, fathers, and caregivers for their children, thereby enriching the Philadelphia community.

In addition to the money raised at the golf outing, Delaware Investments employees are also giving additional support to PSSC by organizing a toy drive during this holiday season for all the children that PSSC supports on a regular basis.

"The Delaware Investments family is dedicated to the Philadelphia community, our home for more than 75 years," said Delaware Investments President Patrick P. Coyne.

The 2007 Delaware Investments Charity Classic was sponsored by Delaware Investments. Additional sponsors included BMO Capital Markets; Citigroup; DST Systems, Inc.; GR Consulting, LLC; Stradley Ronon Stevens & Young, LLP; and Ballard Spahr Andrews & Ingersoll, LLP; BNY ConvergEX Group; and Merrill Lynch & Co., Inc.. In all, 26 companies and dozens of individuals contributed to the event, which was held at Fieldstone Golf Club in Greenville, Delaware.

Philadelphia Society for Services to Children (PSSC) is a family-focused, child abuse prevention agency. PSSC programs build on the existing strengths of the family and community in order to help each child grow up in a safe, stable, and supportive family environment.

Delaware Investments, an affiliate of Lincoln Financial Group, is a Philadelphia-based diversified asset management firm with more than $164 billion in assets under management as of June 2007. Through a broad range of managed accounts and portfolios, mutual funds, retirement accounts, sub-advised funds, education savings plans and other investment products, Delaware Investments provides investment services to individual investors and to institutional investors such as private and public pension funds, foundations, and endowment funds. Delaware Investments is the marketing name for Delaware Management Holdings, Inc. and its subsidiaries.

This worthwhile annual event surpassed last year's fundraising total, and the proceeds will benefit children in the communities Delaware Investments serves. It's nice to see a variety of sponsors supporting this important program.

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