LOADING

Type to search

American Express Pledges $2 Million to the United Negro College Fund

American Express Pledges $2 Million to the United Negro College Fund

“Building Better Futures” program to support HBCU students through grant funding as they transition to careers and bolster UNCF’s K-12 Initiative to help students prepare for college

American Express announced a $2 million pledge from the American Express Foundation to UNCF (United Negro College Fund) to help advance opportunities for students in underrepresented communities. Over the next three years, UNCF will use the funding to award 300 “Building Better Futures” grants of $5,000 each to students in their senior year at historically Black colleges and universities (HBCUs). These grants will support students as they look to transition into the next phase of their careers after graduation.

“As a graduate of Dillard University, an HBCU in New Orleans, I know the impact this donation will have in creating a better future for students, families and communities,” said Glenda McNeal, President, Enterprise Strategic Partnerships, American Express. “Our program with UNCF provides grant recipients the flexibility to use the funds in ways that will be truly helpful to them after they graduate – whether it’s helping with the costs of job relocation, a down-payment on a car or more financial stability when moving onto the next exciting chapter in their lives.”

“We’re excited to team up with American Express as we take this journey together to ensure more underserved students, both those attending HBCUs already and K-12 students, are prepared to navigate high school and college leading to early career success,” said Sekou Biddle, Vice President, Advocacy and Student Professional Development Programs, UNCF. “This important initiative is consistent with UNCF’s longstanding tradition of working with corporate partners to support HBCUs and K-12 programs as they prepare students for opportunities in the 21st century workplace.”

See related article: American Express and the Coalition to Back Black Businesses Open Applications for 2022-23 Grant Program

Funding from the American Express Foundation will also support UNCF’s existing K-12 Initiative program, which promotes college readiness by educating and empowering parents, community leaders and students across the nation.

Additionally, American Express is providing current HBCU students and recent alums access to apply for job and internship opportunities at the company. American Express and UNCF have also come together to host webinars, recruiting events and a digital marketing campaign to help inform HBCU students and alumni about internship and full-time job openings at American Express. Internships and full-time roles that HBCU students are eligible to apply for range from finance, product development, technology and more.

These efforts are part of the many ways American Express is delivering on its priorities to promote diversity, equity, and inclusion, as well as build financial confidence in the communities it serves.

Source: American Express

Topics

Related Articles

Leave a Comment

Your email address will not be published. Required fields are marked *

LOADING

Type to search

Blog

Image of official Toronto Climate Week logo nad icon in reverse white text over blue background
PwC Survey Finds Rising Pressure and Value in Corporate Sustainability Reporting
IBM Launches API to Embed Emissions Data into Corporate and Vendor Tools
Founder Group to Build $2.76B Solar and Storage Complex in Sarawak
Germany Delivers Nearly $14 Billion in Climate Finance for 2024
Standard Chartered Backs L&T with $700M Sustainability-Linked Trade Financing
MAS Appoints Abigail Ng as New Chief Sustainability Officer
ESG News WEEK IN REVIeW 21 Sept - 28 sept
OXCCU Secures $28 Million to Scale Carbon-to-Fuel Technology for Aviation
Dutch Startup Brineworks Secures $7.3M to Scale Direct Air Capture for e-Fuels
Becky Park-Romanovsky on Building Toronto Climate Week and Canada’s Climate Future
DHL, Hapag-Lloyd Expand Use of Sustainable Marine Fuels to Cut Supply Chain Emissions
EU Pushes Back Supply Chain Deforestation Rules by One Year
California Names 4,000+ Companies Facing Mandatory Climate Disclosures
Levi Strauss and Schneider Electric launch supply chain renewable energy accelerator in India
EFRAG Maps Digital Tools to Advance SME Sustainability Reporting
Watershed Launches AI-Driven Product Footprints to Tackle Scope 3 Supply Chain Emissions
PRI Awards 2025 Spotlight Responsible Investment Leaders
Frontier Launches Rail-Based Carbon Management Platform for Ethanol Sector
UK Signs Contracts for First Commercial Carbon Capture Projects
","session_id":"ep-sess-1760225618-DthaOJbW","page_url":"https:\/\/esgnews.com\/american-express-pledges-2-million-to-the-united-negro-college-fund\/","post_id":"16068","tracking_enabled":"1","original_referrer":"","has_embedded_content":""}; /* ]]> */