PROG Foundation to Hold Community Open House for Grand Opening of PROG Development Center in West Valley City

Rhea-AI Summary

PRG: PROG Foundation Opens PROG Development Center in West Valley City, UT to Enhance Socioeconomic Opportunity for Young Adults

The PROG Development Center offers young adults the chance to develop skills and resources to help enhance socioeconomic opportunity

WEST VALLEY CITY, Utah--(BUSINESS WIRE)-- The PROG Foundation, the non-profit founded by PROG Holdings, Inc. (NYSE:PRG), announces a community open house event celebrating the grand opening of its PROG Development Center in West Valley City, UT on Thursday, November 9, 2023.

The PROG Holdings Foundation was created to improve lives by increasing access to technology, education, and development that enhances socioeconomic opportunity. With the opening of the PROG Development Center, the Foundation has a welcoming space for young adults in the greater West Valley City area to access in-person and hybrid programming, initiatives, and other offerings designed to develop the skills and resources necessary to help positively shape their futures.

PROG Development Center programs were created collaboratively with community leaders, local organizations and businesses, Granite School District representatives, and current and former high school students to offer access to a diverse set of post-graduation opportunities, including college, tech certificate programs, and career paths, for young adults primarily between the ages of 16-24.

“More than twenty years ago, we started Progressive Leasing to build technologies that make financial products more inclusive and accessible to underserved groups, and that mission of inclusion and accessibility has remained at the core of everything PROG does to this day,” said Curt Doman, founder of Progressive Leasing and Chairman of the PROG Foundation. “The PROG Development Center is the next phase of our commitment to PROG’s values of ‘Doing the Right Thing, Period’ and ‘Valuing People Above All Else,’ and I am proud of our past and future efforts towards creating educational and socioeconomic opportunities that help uplift young adults in West Valley City and beyond.”

“It has been an honor working alongside youth and community members to make the PROG Development Center a reality, and we are excited to be able to open our doors to the public,” said Beth Martial, Director of the PROG Development Center. “Thanks to the hard work and support of each individual, Youth Advisory and Steering Council members, colleagues, and partners, the PROG Foundation is now offering youth in the Greater West Valley City a space to access the technology, education, and development opportunities they desire.”

“Collaboration with active and involved Utah business leaders like PROG Holdings can be a powerful tool to help enhance the growth and development of our communities,” said West Valley City Mayor Karen Lang. “I am happy to welcome the PROG Development Center as a great resource for young adults in West Valley City to find the support and tools they need to help unlock their future potential.”

PROG Development Center Open House

The PROG Foundation will be holding a community open house event at the PROG Development Center, 2875 Decker Lake Drive, Suite 150, West Valley City, Utah, 84119 on Thursday, November 9th, from 4:00 p.m. to 6:00 p.m. (MT).

The event will showcase the Foundation’s latest initiatives and programs, and will feature speeches from PROG Foundation management, partners, and community leaders.

More information on the PROG Development center can be found at progfoundation.org/prog-development-center/.

About the PROG Foundation

The PROG Foundation was created by PROG Holdings as a way for the Company to help improve lives by increasing access to technology, education, and development that enhances socioeconomic opportunity.

Over the past 20 years, PROG Holdings and its subsidiaries have donated millions of dollars to hundreds of local and national charitable organizations, including Big Brothers Big Sisters, Success in Education, the American Red Cross, Habitat for Humanity, and United Way.

Through the PROG Foundation, PROG Holdings matches employees’ personal donations to non-profit groups (up to $1,000 annually per employee), and the Company also offers all employees up to eight hours per year of paid time off to perform services in support of non-profit organizations.

Since 2019, PROG Holdings employees have collectively performed more than 8,000 hours of volunteer service at events and organizations designed to make a positive difference in communities across the United States.

More information on the PROG Foundation can be found at progfoundation.org.

About PROG Holdings, Inc.

PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake City, UT, that provides transparent and competitive payment options to consumers. The Company owns Progressive Leasing, a leading provider of e-commerce, app-based, and in-store point-of-sale lease-to-own solutions, Vive Financial, an omnichannel provider of second-look revolving credit products, Four Technologies, a provider of Buy Now, Pay Later payment options through its platform, Four, and Build, provider of personal credit building products. More information on PROG Holdings and its companies can be found at https://investor.progholdings.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231109223841/en/

Media Contact

Mark Delcorps

Director, Corporate Communications

media@progholdings.com

Source: PROG Holdings, Inc.

FAQ

What is the PROG Development Center and where is it located?

The PROG Development Center is a new initiative by the PROG Foundation, located at 2875 Decker Lake Drive, Suite 150, West Valley City, Utah, 84119.

What programs are offered at the PROG Development Center?

The center offers in-person and hybrid programming, initiatives, and other offerings designed to develop the skills and resources necessary to positively shape the futures of young adults in the greater West Valley City area.

Who is involved in the creation of the PROG Development Center?

The programs were created collaboratively with community leaders, local organizations, businesses, Granite School District representatives, and current and former high school students.

When is the community open house event at the PROG Development Center?

The open house event will take place on Thursday, November 9th, from 4:00 p.m. to 6:00 p.m. (MT).