i3 Verticals Education and HundredX® Work to Help Schools Feed Children During Pandemic
April 09 2020 - 11:00AM
Business Wire
Up to $1 Million Allocated to Pay for School
Lunches Via Express Feedback for Good™ Program
PaySchools®, one of the flagship education businesses within the
education vertical of i3 Verticals (Nasdaq: IIIV), today announced
an initiative with HundredX Inc. to help schools feed children
during the coronavirus pandemic.
Before the coronavirus pandemic, the School Nutrition
Association estimated that 75 percent of America’s K-12 school
districts had unpaid meal debt and were struggling to assist
students who might otherwise be unable to afford meals. In fact, a
child’s school lunch is sometimes the only nutritional meal the
child receives each day. Now, with families facing even greater
financial challenges and children being forced to home school, the
problem is growing even more serious.
In fall 2019, PaySchools launched an initiative called Trays
Across America™ to help schools struggling with lunch debt. As part
of this program, and to support districts in their efforts to
continue feeding students while schools are closed due to COVID‑19,
PaySchools joined with consumer insights innovator HundredX and its
Express Feedback for Good program to allocate up to $1 million of
funding to help participating districts eliminate lunch debt and
budget shortfalls. Funds are provided by HundredX via relationships
with individual districts that engage in virtual campaigns to
collect valuable consumer feedback by surveying parent communities
and other supporters. The remote campaigns are a particularly
relevant funding tool for schools during the pandemic, when so many
other methods have come to a halt.
This initiative could provide America’s schools with hundreds of
thousands of student meals this year. This is especially important
now when districts across the country are providing free breakfasts
and lunches to students to ensure they don’t go hungry. In many
communities, these grab-and-go meals are available to all families
– not just those prequalified for free‑and‑reduced-cost meals
through the USDA’s National School Lunch Program.
“The coronavirus crisis threatens the financial health of
already budget-stressed school districts,” said Hume Miller at
PaySchools. “As a K-12 nutrition services partner, we care about
what our customers care about: feeding children as well as district
solvency. That’s why we created Trays Across America and why we
have now joined forces with HundredX to provide additional help to
children in need and the school systems that are taking care of
them.”
Over a 30-day period, the Express Feedback for Good program uses
an innovative, mobile-friendly process to encourage supporters to
simply share feedback on the companies and brands that they know
well from a menu of over 1,200 options. Each piece of feedback
takes about 60 seconds to provide and creates up to $2 of support
for the district – something that adds up quickly. For
participating supporters, there is nothing to buy, no advertising,
and personal information is kept confidential by HundredX.
“This represents a true win-win for everyone,” said Steve Cook,
VP of Strategy & Partnerships at HundredX. “It has never been
more critical for companies and brands to be able to listen to
their customers. At the same time, non-profit organizations are in
desperate need of creative funding solutions. Joining with i3
Verticals’ Education division in this unique way will help ensure
students across America have access to meals during this
challenging time.”
Select districts across the nation are eligible to participate
in this joint initiative in 2020. Interested districts can apply to
be considered for this program at:
https://expressfeedback.net/enterprise/businesses/efg-program-interest/exzrn80.
About HundredX:
HundredX, Inc. is a data and analytics company that creates
actionable insights on over 1,200 leading companies and brands.
HundredX enables business leaders and investors to make better
decisions by hearing from more representative customers. Express
Feedback for Good is a turn-key program created by HundredX that
allows non-profit organizations to generate significant funding by
asking their supporters to simply provide their opinions. Unlike
traditional surveys, participants determine what feedback they
provide. HundredX is a do well and do good company whose primary
cost of goods sold supports non-profits. Visit
www.hundredxinc.com.
For interested businesses who want to help support this unique
opportunity, call Steven Cook at (469) 638-6930.
About PaySchools
PaySchools is one of the leading businesses within the education
vertical of i3 Verticals. Specializing in integrated payment
technology with a strong focus on nutrition services and family
payments, their software powers commerce for education and
currently serves thousands of schools across the US.
For more information on the Trays Across America program offered
by PaySchools, call Diana Day-Cartee, Head of Marketing, at (615)
430-2730 or ddaycartee@i3verticals.com.
About i3 Verticals
Helping drive the convergence of software and payments, i3
Verticals delivers seamlessly integrated payment and software
solutions to small- and medium-sized businesses and other
organizations in strategic vertical markets, such as education,
non-profit, the public sector, property management, and healthcare
and to the business-to-business payments market. With a broad suite
of payment and software solutions that address the specific needs
of its clients in each strategic vertical market, i3 Verticals
processed approximately $14.0 billion in total payment volume for
the year ended December 31, 2019.
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Diana Day-Cartee Head of Marketing i3 Verticals (615) 430-2730
ddaycartee@i3verticals.com
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