ADVISORY, May 21, 2007 (PRIME NEWSWIRE) --
THE POSSE FOUNDATION HONORS RICO BLANCAFLOR, VANDERBILT UNIVERSITY POSSE ALUMNUS GOLDMAN, SACHS & CO., Award accepted by LLOYD BLANKFEIN, CHAIRMAN AND CEO DEVAL PATRICK, GOVERNOR OF MASSACHUSSETTS, and DIANE PATRICK, FIRST LADY OF MASSACHUSSETTS; PARTNER, ROPES & GRAY LLP NANCY J. VICKERS, PRESIDENT, BRYN MAWR COLLEGE AT THE 2007 POSSE FOUNDATION GALA, EMCEED BY LESLEY STAHL of "60 MINUTES" SPECIAL APPEARANCE BY STEPHEN COLBERT of THE COLBERT REPORT WHAT: The annual Posse Foundation Gala: An Evening of Stars. Each year the Posse Gala honors individuals and organizations that have made an extraordinary difference in the field of education or have been incredible role models for young people. Posse is a youth leadership development and college access program. Posse finds young leaders from urban public schools and sends them in teams (Posses) to some of the top colleges and universities in the nation. Since 1989, over 1800 young people have won more than $175 million in leadership scholarships from 26 elite colleges and universities. Today Posse recruits students from Boston, Chicago, Los Angeles, New York City, and Washington D.C. and just launched its Atlanta office in April. WHY: Posse exists to help address persistent issues of inequity in access to higher education. Posse focuses on helping top colleges to expand their definition of merit by including leadership and extra- curricular achievement as part of the admissions process. Posse develops teams of young people (Posses) to act as both traveling support systems for each other and also as catalysts for positive change on university campuses. * The Posse Foundation has achieved phenomenal success with a 90 percent college graduation rate-far higher than the national average. * Goldman, Sachs & Co. has been a major supporter of Posse for many years. The Goldman Sachs Foundation helped to launch Posse Los Angeles with a $1 million grant. In addition to their generous donations, Goldman, Sachs & Co. has hired 31 Posse Scholars as interns over the past three years and four Posse Alumni full time. * Bryn Mawr College is an extraordinary Posse partner institution, and under President Vickers' leadership has awarded more than 60 full tuition scholarships to Posse Scholars from Boston. * First Lady Diane and Governor Deval Patrick have been strong advocates for Posse. Mrs. Patrick sits on Posse's national board of directors. Both have been involved with the program for several years. As the First Lady and Governor of Massachusetts, they have made the promotion of equity in education a top priority statewide. WHO: * Lesley Stahl, Correspondent, 60 Minutes * Stephen Colbert , The Colbert Report * Lloyd Blankfein, Chairman and Chief Executive Officer, Goldman, Sachs & Co. * Nancy J. Vickers, President, Bryn Mawr College * Michael Ainslie, Chair, The Posse Foundation National Board of Directors * Deborah Bial, Founder and President, The Posse Foundation * Posse Foundation Alumni WHEN: Wednesday, May 23, 2007 WHERE: Pier Sixty, Chelsea Piers 6:30-7:30 p.m. cocktails 23rd St. and West Side 7:30-10 p.m. dinner and Highway program New York, NY 10011