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Automotive Youth Educational System Announces Non-Profit Status

8 October 1997

Automotive Youth Educational System Announces Non-Profit Status

    DETROIT, Oct. 8 -- The Automotive Youth Educational System
(AYES), has been granted 501 (c) (3) status making it a non-profit
organization.  Non-profit status was granted in August of this year with the
new name, AYES, Inc. being assumed.
    As a 501 (c) (3) organization, AYES will be classified as a public charity
requiring one third of all monetary support to come from the general public
and government funding.  The program is eligible to also receive some funding
from private endowments.
    At the time of the announcement, Stan Moore, president of AYES, Inc. said,
"Our new non-profit status opens a world of unique opportunities for this
program and the Industry as well."  Moore continued, "Automotive repair work
has changed dramatically over the years making automotive service technicians
a critical resource and a viable career path for many students.  This message
needs to reach each and every high school counselor, student and their
parents."
    AYES, Inc. will be the first non-profit program of its kind providing a
service to the entire automotive industry.  With the support of federal grants
and private donations, AYES will truly be an industry-wide, self-sustaining
organization that is solely dedicated to the recruitment and development of
future service technicians for automotive manufacturer dealer franchises.
    AYES currently is endorsed by General Motors Corporation, Chrysler
Corporation, the Automotive Vocational Association (AVA), the National
Automotive Dealers Association (NADA), Vocational Clubs of America (VICA) and
the National Automotive Technicians Educational Foundation (NATEF).
    According to Moore, AYES has attracted the interest of several import
automotive manufacturers and has promise to eventually become an international
organization.
    The newly formed Board of Directors for AYES, Inc. will be chaired by
Chairman, Chief Executive Officer and President of General Motors Corporation,
John F. Smith, Jr., and co-chaired by Chairman and Chief Executive Officer of
Chrysler Corporation, Robert J. Eaton.  Both will be attending the October 8
National Advisory Board meeting.

SOURCE  Automotive Youth Educational System