Citizen Banks Gives $490K to 12 Nonprofits to Boost Employment
November 17, 2018 Citizens Bank earlier this week announced it has donated $490,000 to 12 Boston nonprofits that are working to bolster employment opportunities for minorities, veterans, women, and at-risk youth in Greater Boston, people who tend to face the greatest obstacles to full-time employment.
The announcement was made at the YMCA of Greater Boston, where Citizens Bank CEO Bruce Van Saun, Citizens Bank Massachusetts president Jerry Sargent, and Boston Mayor Martin Walsh recognized the funding recipients and provided an update on the citys efforts to combat chronic workforce issues.
The following organizations received a total of $390,000 to support workforce development:
- Asian American Civic Association: $30,000 for AACA Careers in Banking and Finance
- Bridge Over Troubled Waters: $20,000 for Career Development and College Pathways Program
- BUILD Greater Boston: $20,000 for Build Business Pathways Program
- Future Chefs Third Sector New England: $10,000 for Future Chefs School to Career Program
- Local Initiatives Support Coalition (LISC) Boston: $150,000 for Bridges to Career Opportunities
- Pine Street Inn: $65,000for iCater
- Rose Kennedy Greenway Conservancy: $95,000 for Park Rangers Program & Summer on Dewey presented by Citizens Bank
- St. Francis House: $50,000 for Workforce Development Programs
- he Boston Foundation: $25,000 for SkillWorks
- Vietnam Veterans Workshop NECHV: $20,000 for Veterans Training Schools and Employment
- YMCA of Greater Boston: $50,000 for YMCA Training, Inc.
Additionally, the Boston Main Streets Foundation
received $100,000 for a new Small Business Technology Initiative for Community and Economic Growth, to support immigrant, minority, and women-owned small businesses in Greater Boston.
LISC, established by the bank in 1979, helps connect unemployed and underemployed workers to the education, training, and career coaching they need to compete for jobs in fast-growing fields such as health care.
The program takes a three-pronged approach that includes education for workers who need to build their basic math and reading skills; placement in technical training programs and jobs; and post-employment coaching to help people move beyond entry-level positions and create long-term career paths with the opportunity for income growth.