Match Proceeds will benefit Richmond Charities for At-Risk Children
Richmond, VA (September 14, 2005) – Genworth Financial today announced that Anna Kournikova will join Andre Agassi, Steffi Graf and Andy Roddick for a star-studded, charitable tennis exhibition on December 2, 2005. The Genworth Children's Advantage Classic will be held in Richmond at VCU's Siegel Center. Genworth will donate 100 percent of the proceeds from the event to local area charities that support disadvantaged youth.
At 14, Kournikova become the youngest player ever to win a Fed Cup match and captured the European Championships and Italian Open juniors. At the close of 1995, she was ranked No. 1 and crowned International Tennis Federation Junior World Champion. Shortly after turning 15, Kournikova burst onto the pro scene after much media fanfare by reaching the fourth round in her first Grand Slam tournament, the 1996 U.S. Open, and the semifinals of her debut at Wimbledon in 1997.
In the subsequent years, she maintained a consistent presence in the top ten singles rankings and captured a Grand Slam doubles title with Martina Hingis at the 1999 Australian Open. Currently, Kournikova is playing for her third year on the World Team Tennis tour and first for the Sacramento Capitals. Anna Kournikova is an international sports celebrity who draws sell out crowds wherever she plays.
“We are thrilled that Anna will round out the lineup to compete for charity at the Genworth Children's Advantage Classic, said Michael D. Fraizer, chairman and chief executive officer of Genworth Financial. “Anna is not only a world-class tennis player but her energy and enthusiasm make her exciting to watch.”
The Genworth Children's Advantage Classic, which will be held at Virginia Commonwealth University's (VCU) Siegel Center, is expected to fill 6,000 seats. Genworth officials say they hope to raise approximately $500,000 for charities that support disadvantaged youth and families. Tickets for the event are on sale and available through the VCU box office and all TicketMaster outlets.
How this Event Benefits Richmond
A full 100 percent of proceeds will benefit two Richmond organizations focused on working with at-risk children, the William Byrd Community House and Lobs & Lessons.
For more than 80 years, the William Byrd Community House has been reaching out to and serving Richmond's neighborhoods by offering a broad range of programs that focus on supporting the individual, through understanding and addressing the needs of the entire family. Proceeds from the Genworth Children's Advantage Classic will allow William Byrd to focus on ways to expand services into Richmond neighborhoods in need, by replicating their successful youth after school program model.
"The impact of this event will be enormous, said Reggie Gordon, executive director, William Byrd Community House “As a result of this amazing partnership with Genworth, William Byrd will be able to expand its service area into other neighborhoods in Richmond and offer quality programs that address life skills, entrepreneurial training, school enrichment and family support.”
Lobs & Lessons is a program sponsored by Genworth Financial and is supported by Virginia Commonwealth University. Lobs & Lessons strives to help at-risk children academically and athletically by offering academic tutoring, literacy, life skills, and introducing the sport of tennis. With the revenue from the Genworth Children's Advantage Classic, Lobs & Lessons will be able to expand its services by adding an additional day of academics to its weekly calendar and increasing the number of children that can participate in the program.
“Lobs & Lessons is thrilled to be a part of The Genworth Children's Advantage Classic,” said Kathleen Bowles, director of Lobs and Lessons. “Our involvement highlights the support Genworth has for our program and shows their commitment to children and education. The tennis exhibition is all about the children, and that is what matters.”
On December 2, prior to the exhibition, Genworth will also host a youth clinic for 300 at-risk children that will focus on motivation, hard work, and tennis exposure.
A third charitable organization, the Virginia Performing Arts Foundation (VaPAF), will also benefit from a special auction taking place during the hospitality event prior to the exhibition. For every dollar raised at the auction Genworth Financial will make a contribution to VaPAF matching dollar-for-dollar all auction proceeds. The funds will be used to endow a children's arts program at the planned VaPAF center.
About Genworth Financial
Genworth (NYSE: GNW) is a leading insurance holding company, serving the lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers, and has operations in 24 countries, including the U.S., Canada, Australia, the U.K. and more than a dozen other European countries. For more information, visit www.genworth.com
Tom Topinka, 804-662-2444