State Farm® and iHeartMedia team up with the Congressional Hispanic Caucus Institute (CHCI) to Support Latino High School Students

State Farm® and iHeartMedia team up with the Congressional Hispanic Caucus Institute (CHCI) to Support Latino High School Students

CHCI will apply a $150,000 grant to develop dynamic, online leadership and professional development tools for high school students

WASHINGTON, DC - State Farm, a long standing supporter of CHCI, has teamed up with iHeartMedia to support CHCI's programs focused on developing the next generation of Latino leaders. iHeartMedia is providing a $150,000 grant to CHCI to continue providing leadership development, higher education opportunities, and career development experiences to young leaders.

Each year, CHCI accepts 20 percent of all applicants to the coveted R2L NextGen program. Through this grant, CHCI will develop dynamic online leadership and professional development tools - not only for those participating in R2L NextGen - but also for the more than 400 other emerging leaders who apply to the program.

"We have learned through our many years of existence that the younger we begin cultivating young Latino talent, the better. That is the reason we created a program specifically aimed at high school students, and it is also the reason we are extremely proud of this partnership with State Farm and iHeartMedia, so that we can reach even more outstanding high school students," said Marco A. Davis, President and CEO, Congressional Hispanic Caucus Institute. "Thanks to State Farm and iHeartMedia, we will continue to educate, empower, and connect with a new generation of Latino leaders throughout the country." Rich Garcia, State Farm HR&D Executive, said, "I'm proud of the commitment State Farm has with CHCI's programs. Getting involved early and supporting the development of the next generation of Latino leaders is key to our mission. We want to foster an environment where young Latino leaders can grow and thrive in their careers and in their communities, and this program helps provide leadership tools and development to help them reach their goals."

"As the nation's leading audio company, we're dedicated to expanding representation of the Latinx experience on our platforms," said Conal Byrne, CEO of the iHeartMedia Digital Audio Group. "The work of community organizations like CHCI is critically important, and we're grateful for partners like State Farm who join us in our mission to serve the full diversity of our country."

About CHCI

The Congressional Hispanic Caucus Institute (CHCI) is the premier Hispanic nonprofit and nonpartisan 501(c)(3) organization in the country dedicated to developing the next generation of Latino leaders®. CHCI provides leadership, public service, and policy experiences to outstanding Latino/a/x students and young professionals, and convenes Members of Congress, other public officials, corporate executives, nonprofit advocates, and thought leaders to discuss issues facing the nation and the Hispanic community.

About State Farm®

For 100 years, the mission of State Farm has and continues to be to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance in the United States. Its 19,300 agents and nearly 55,000 employees serve approximately 86 million policies and accounts - which includes auto, fire, life, health, commercial policies and financial services accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 39 on the 2021 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com.

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company's live and virtual events business. It also includes Premiere Networks, the industry's largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company's fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 250 platforms and 2,000 devices; the company's digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company's Audio & Media Services reportable segment includes Katz Media Group, the nation's largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.

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