(BPRW) JPMorgan Chase’s The Fellowship Initiative Launches in Washington D.C. to Help More Young Men of Color Access Economic Opportunity
The agency will accomplice with Youth Guidance’s Becoming a Man program to ship intensive tutorial, social, emotional and profession readiness programming to a whole bunch of Black, Hispanic and Latino younger males in 4 District of Columbia Public Schools
(Black PR Wire) Washington D.C. – JPMorgan Chase and Youth Guidance right this moment introduced an growth of their respective applications, The Fellowship Initiative (TFI) and Becoming a Man (BAM), to Washington D.C. to assist younger males of shade forge native pathways to commencement and post-secondary success. TFI and BAM will work with District of Columbia Public Schools (DC Public Schools) to enhance the financial and social outcomes for a whole bunch of younger males of shade from 4 public faculties in Wards 5, 6, 7 and eight.
In 2019, 43 % of DC Public Schools college students had been thought of “at-risk” below a neighborhood statutory designation protecting college students who obtain sure public advantages, expertise homelessness, are in the foster care system, or are over-age in highschool, in accordance to D.C. Policy Center analysis.
Through this intensive, multi-year school-based program a whole bunch of highschool college students will obtain tutorial teaching, faculty and profession readiness providers, social and psychological well being help, and management growth that helps put them on a path towards higher financial mobility. Students will even be matched with mentors and a licensed clinician counselor all through this system.
“Young people are our next generation of leaders, yet too many, especially in communities of color, don’t have access to the high-quality education and career experiences they need for a successful future,” mentioned Jamie Dimon, Chairman and CEO of JPMorgan Chase. “The Fellowship Initiative has a proven track record of helping to close the academic opportunity gap and bringing it to Washington D.C. will help put more young men of color on a path toward greater economic mobility.”
JPMorgan Chase’s The Fellowship Initiative launched in 2010 and offers complete and hands-on tutorial, social and emotional help to younger males of shade in highschool. Over the final decade, TFI has matched greater than 350 highschool Fellows in New York, Chicago, Dallas and Los Angeles, with JPMorgan Chase mentors. In 2020, TFI dedicated to increasing this system to 1,000 extra Fellows nationally over the following 10 years and has since expanded to Houston and Oakland. The agency’s funding in the DC program is a component of its broader $30 billion racial equity commitment and builds on a $350 million, five-year global initiative to put together individuals for the longer term of work.
The BAM program has acquired nationwide recognition from former President Obama as an evidenced method to trauma discount and violence prevention for younger males of shade who’re at-risk for being concerned in violent crime or dropping out of highschool. Recent analysis reveals that whereas round 94 % of BAM individuals have encountered trauma and round 70 % report signs of melancholy, practically 60 % report a considerable lower in emotions of melancholy after one yr of participation.
This new effort will deliver collectively facets of each applications to serve DC Public Schools college students at 4 DC Public Schools in SY21-22:
- Dunbar High School (Ward 5)
- Eastern High School (Ward 6)
- D. Woodson High School (Ward 7)
- Ron Brown College Preparatory High School (Ward 8)
“The BAM and TFI programs have an incredible track record of placing black and brown young men on a path of personal and professional growth. For these young men, involvement has been liberating, said Youth Guidance Executive Director Rasheem Rooke.” And now, BAMFI can proceed that custom in Washington, DC. We can make sure that our younger males should not held bondage to the false concepts of low-esteem, hopelessness, and inferiority. Instead, they are going to be liberated by the limitless potentialities of what tomorrow holds and a brighter future. I’m excited that this partnership will enable us to have higher impression amongst younger males of shade in DCPS.”
“DC Public Schools is dedicated to promoting equity and creating joyful, student-centered learning experiences that position students furthest away from opportunity with the skills and platform to amplify their voices, deepen their sense of self, and sharpen their leadership skills,” mentioned DC Public Schools Chancellor Lewis D. Ferebee. “This partnership advances our commitment to closing the opportunity gap and ensuring each of our students have the supports they need to excel in college, career, and life. We are grateful for this investment in our young men of color and the partnership with The Fellowship Initiative.”
Over the previous decade, 100 % of TFI graduates have been accepted into postsecondary alternatives, with greater than half of the individuals being the primary in their household to attend faculty. Since BAM was based in 2001, highschool commencement charges of individuals have elevated by practically 20% in the cities it operates, with 94% of individuals graduating from highschool, in accordance to University of Chicago research.
“When I enrolled in TFI, I didn’t know where I wanted to go in life,” mentioned Sagid Mohamed, TFI Fellow. “Beyond helping me find a great mentor, build skills and get my first internship, TFI helped me learn what being college-ready meant, both mentally and academically. This helped me achieve a lot of success in my first year at Howard University.”
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About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a number one world monetary providers agency with belongings of $3.7 trillion and operations worldwide. The Firm is a frontrunner in funding banking, monetary providers for shoppers and small companies, business banking, monetary transaction processing, and asset administration. A part of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves hundreds of thousands of prospects in the United States and lots of of the world’s most distinguished company, institutional and authorities purchasers below its J.P. Morgan and Chase manufacturers. Information about JPMorgan Chase & Co. is out there at www.jpmorganchase.com.
About Youth Guidance
Youth Guidance creates and implements school-based applications that allow youth to overcome obstacles, concentrate on their schooling and, in the end, to succeed in faculty and in life. Youth Guidance is a number one supplier of outcomes-driven applications and capacity-building initiatives, straight serving greater than 13,000 youth throughout Chicago, Boston, Seattle, Los Angeles, and London. Our strategically developed supply areas are counseling & prevention, neighborhood & afterschool programming, and youth workforce growth.
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