Press Release

America’s Promise Alliance Launches 2008 100 Best Communities for Young People Competition

Search Begins for Cities and Towns That Go Above and Beyond for America’s Young People

ALEXANDRIA, VA—The America’s Promise Alliance (the Alliance) and Capital One today announced the launch of the 2008 100 Best Communities for Young People Competition (100 Best) with an official call for entries in the search for those 100 outstanding communities across America that are the best places for young people to live and grow up.

Applications are now available online at our 100 Best Communities page and will be accepted through November 2, 2007. The winning communities will be announced in late January 2008. In addition to the possibility of becoming a 100 Best community, all applicants will be eligible to apply for a total of $300,000 in grants from the Alliance.
 
“100 Best is one of the Alliance’s most important initiatives because it allows us to nationally recognize those communities that are focused on the needs of young people and are working to ensure they have all the resources to be successful,” said Marguerite W. Kondracke, president and CEO of the America’s Promise Alliance. “There is nothing more important we can do than to make every community—regardless of size, location or history—the best place to be for our young people, because without the entire community working together, our children will never reach their potential and as a result neither will our nation.” 

First held in 2005, 100 Best is an annual competition held by the Alliance to recognize the outstanding efforts of cities and towns—large and small, rural and urban—to make children and youth a top priority. The application is based upon research from the National Academies of Science, Search Institute, Academy for Educational Development and Child Trends. All entries received will be evaluated later this year by a distinguished panel of civic, business and non profit leaders.  Previous selection panel judges have included such well known figures as the former mayors of Indianapolis and Denver, the First Lady of West Virginia, leadership from the U.S. Chamber of Commerce and United Way, and journalist Tim Russert.

"We share America’s Promise's vision that children are successful when they are part of vibrant, high-functioning communities,” said Carolyn Berkowitz, Vice President of Community Affairs for Capital One. "Which is why, as a company, we are committed to building stronger communities, one neighborhood at a time. We are proud to sponsor an initiative like 100 Best that recognizes the tremendous work that is underway in communities across the country to create environments where children and families have boundless opportunities and gives these places an opportunity to serve as an inspiration to our entire nation.”

Winning communities will be featured prominently on the Alliance’s web site, in the Alliance’s weekly newsletter and as part of national and local media materials. They will also be given the opportunity to participate in the Alliance’s Regional Best Practice Forums where their programs and policies will serve as a model for other cities and towns across the country. Furthermore, all winning communities are invited and provided a partial stipend to attend the Alliance’s National Forum and Celebration held every fall in Washington, DC.

The 2008 100 Best application process is open from August 1, 2007 through Friday November 2, 2007. Applications for the 2008 grant program will be accepted in early February 2008.

To learn more about the national search for the 100 Best Communities for Young People and apply for this award, visit our 100 Best Communities page.


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About the America’s Promise Alliance
America’s Promise Alliance is the nation’s leader in forging a strong and effective partnership alliance comprised of corporations, nonprofit organizations, foundations, policymakers, advocacy and faith groups committed to ensuring that children receive the fundamental resources - the Five Promises – they need to lead successful, healthy and productive lives and build a stronger society. Building on the legacy of our founder General Colin Powell, the Alliance believes the success of our children is grounded in experiencing the Five Promises - caring adults; safe place; a healthy start; an effective education; and opportunities to help others - at home, in school and in the community.

About Capital One
Headquartered in McLean, Virginia, Capital One Financial Corporation (www.capitalone.com) is a financial holding company, with 725 locations in New York, New Jersey, Connecticut, Texas and Louisiana. Its principal subsidiaries, Capital One Bank, Capital One Auto Finance, Inc., Capital One, N.A., and North Fork Bank offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One's subsidiaries collectively had $85.7 billion in deposits and $144.2 billion in managed loans outstanding as of June 30, 2007. Capital One, a Fortune 500 company, trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.