PLANO, Texas, Jan. 24, 2017 /PRNewswire/ -- To help
address mobility challenges in North
Texas, Toyota announced a $1
million impact grant in partnership with United Way of
Metropolitan Dallas, available for local non-profits, academic
institutions and social entrepreneurs. The grant, a joint
program between Toyota Motor North America and Toyota Financial
Services, requires collaboration among up to five
organizations.
"By engaging multiple local partners on a single issue, we can
build on ideas, pool resources and achieve greater impact in the
communities we serve," said Mike
Goss, general manager, Toyota Social Innovation. "The
initiative is part of larger community programing aimed at creating
public-private partnerships to solve societal issues."
The grant, which provides funds to implement a two-year program,
is geared toward transportation mobility issues and social mobility
issues. It requires applicants to also consider the scalability of
their programs. Following the first year of the grant, the awardees
will have the opportunity to partner with Toyota to further improve
outcomes.
"We believe that new technologies and approaches can increase
access to mobility for underserved communities, low income
including seniors and people with disabilities, and that access to
reliable, safe, affordable transport systems has direct social,
equality and economic implications," said Karen Ideno, vice president of product,
marketing, corporate social responsibility and communications,
Toyota Financial Services. "By tapping into organizations on the
ground through a collaborative approach to innovation, we can
foster real change and improve quality of life in our
communities."
According to recent Census figures, The Dallas-Fort Worth metroplex is the second
fastest-growing metro in the nation. However many parts of the DFW
area lack convenient access to jobs.
"We are proud to partner with Toyota to implement a unique
program aimed at accelerating positive change in the
community," said Jennifer
Sampson, president and CEO of United Way of Metropolitan
Dallas. "With nearly one third of residents in North Texas one crisis away from financial
distress, finding new and innovative ways to address mobility is
critical. Toyota's leadership will amplify our collective ability
to make a more secure and meaningful future for everyone in our
region."
Further information on the grant will be available at
www.toyotagrants.com/impact from Feb. 1,
2017.
About Toyota Financial Services
Toyota Financial Services (TFS) is the finance and insurance
brand for Toyota in the United
States, offering retail auto financing and leasing through
Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust. TFS
also offers extended service contracts through Toyota Motor
Insurance Services (TMIS). The company services Lexus dealers and
customers using the Lexus Financial Services brand. TFS currently
employs approximately 3,100 associates nationwide, and has assets
totaling nearly $116 billion. It is
part of a worldwide network of comprehensive financial services
offered by Toyota Financial Services Corporation, a wholly-owned
subsidiary of Toyota Motor Corporation. We announce material
financial information using the investor relations section of our
website (www.toyotafinancial.com) and SEC filings. We use these
channels, press releases, and social media to communicate about our
company, our services and other issues. While not all information
we post on social media is of a material nature, some information
could be material. Therefore, we encourage those interested in our
company to review our posts on Twitter at
www.twitter.com/toyotafinancial.
Points of Light has named TFS one of its Civic 50, which
recognizes the most community-minded companies in the nation.
For more information about the company's support of financial
literacy, youth development programs, and other community
initiatives, please visit www.tfsinthecommunity.com.
About Toyota Motor North America
Toyota (NYSE:TM), creator of the Prius and the Mirai fuel cell
vehicle, is committed to advancing mobility through our Toyota and
Lexus brands. Over the past 60 years, we've produced more
than 30 million cars and trucks in North
America, where we operate 14 manufacturing plants (10 in the
U.S.) and directly employ more than 44,000 people (more than 34,000
in the U.S.). Our 1,800 North American dealerships (nearly
1,500 in the U.S.) sold almost 2.6 million cars and trucks (2.45
million in the U.S.) in 2016 – and about 85 percent of all Toyota
vehicles sold over the past 15 years are still on the road
today.
Toyota partners with community, civic, academic, and
governmental organizations to address our society's most pressing
mobility challenges. We share company resources and extensive
know-how to support non-profits to help expand their ability to
assist more people move more places. For more information about
Toyota, visit www.toyotanewsroom.com.
Media Contact
Aaron Fowles
Toyota Motor North America
469-292-1097
Aaron.Fowles@toyota.com
Justin Leach
Toyota Financial Services
310-468-2762
Justin_leach@toyota.com
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SOURCE Toyota Motor North America