![]() ![]() In late June they launched “Our Journey for Social Equity,” a seven-part plan of commitments that includes grants to minority-owned businesses and a commitment to diversity in their workforce. By partnering with The Posse Foundation-an organization grounded in excellence, leadership and diversity-we are making progress toward building a connected and collaborative workforce that reflects the broader society and we look forward to continuing this strong partnership in the coming years.“Ī new Posse supporter, Citizens Bank committed to gift $100,000 over two years. “For more than a decade we have worked with the amazing students and alumni of The Posse Foundation providing intern and career sponsorship, mentoring and financial support. “At Fidelity Investments diversity and inclusion is a foundation for success,” says Fidelity Investments Chief Investment Officer Paul Quistberg, a member of the Posse Boston Advisory Board. The 2:1 employee match program ran for four months beginning June 1 and gathered 133 individual donations that were matched to raise a total of over $400,000 for Posse Boston. ![]() It is critically important that we invest in the diversity of the next generation of leaders-and our supporters and partners make that possible.”įidelity, a longtime supporter of Posse Boston, increased its support with an employee giving campaign to benefit Posse. “These major gifts from both first-time and returning donors demonstrate a powerful belief in the positive, transformative change that Posse is making. “The past year’s outpouring of support for Posse has been extraordinary and will have a significant impact on our program,” says Posse President and Founder Deborah Bial. Netflix emerged as a new Posse donor in June, with a $350,000 donation. “The past year’s outpouring of support for Posse has been extraordinary and will have a significant impact on our program.” Posse President + Founder Deborah Bial “Every one of them is tackling complex challenges that will require sustained effort over many years, while simultaneously addressing consequences of the COVID-19 pandemic.” “I recommend these organizations to anyone similarly excited by the idea of empowering leaders well-positioned to accelerate progress,” Scott said of the full list of grantees, upon the announcement of her first-round donations. Her grant to Posse of $10 million will be instrumental in helping the organization expand its reach and serve more diverse leaders across the country. In December she announced a second round of $4.2 billion. In July of last year, MacKenzie Scott announced a round of funding to total $1.7 billion, the first in her commitment to gift a majority of her wealth to philanthropic causes in her lifetime. Generous donations from MacKenzie Scott, Netflix, Fidelity, Citizens Bank, Deloitte, Bank of America and more have strengthened Posse’s standing as a leader in the college success and youth leadership development spaces. The grants mark an outstanding philanthropic commitment to Posse’s mission to support the next generation of leaders. Last year brought a phenomenal outpouring of major gifts to The Posse Foundation, providing critical funding in a time of upheaval and uncertainty. ![]()
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