The chief executive of Starbucks is spearheading an effort by major corporations to hire 100,000 young workers from minority and low-income communities over the next three years, The Wall Street Journal and The New York Times write.
Howard Schultz’s family foundation will contribute $30 million to the 100,000 Opportunities Initiative, which is also backed by the Rockefeller Foundation, the MacArthur Foundation, and other big philanthropies.
The program will help unemployed nonstudent 16- to 24-year-olds find full-time jobs, apprenticeships, and internships. Microsoft, Walmart, Target, and CVS Health are among more than a dozen companies that have signed on. Funds from Mr. Schultz’s foundation will support local job fairs and mentoring programs and follows his pledge of $30 million in March for programs to help returning U.S. military veterans enter the labor force.
We're sorry. Something went wrong.
We are unable to fully display the content of this page.
The most likely cause of this is a content blocker on your computer or network.
Please allow access to our site, and then refresh this page. You may then be asked to log in, create an account if you don't already have one, or subscribe.
If you continue to experience issues, please contact us at 571-540-8070 or cophelp@philanthropy.com