NEW YORK, Aug. 11, 2020 /PRNewswire/ -- The Coach
Foundation announces partnerships with The Opportunity
Network, Bottom Line and Year Up as part of
Coach's Dream It Real initiative. Through the initiative's
mission to help break cycles of inequality, Coach empowers the next
generation to reach their full potential through higher education.
To celebrate the new partnerships, the Coach Foundation made a
donation of $1 million in support of
the nonprofits and their work. To date, the Coach Foundation has
given over $3.5 million to support
its Dream It Real mission initiative globally.
The Opportunity Network, Bottom Line and Year Up each work to
drive equity across higher education for under-represented students
and students from low income communities, with a vision of
expanding education and opportunity for all. Each offers resources,
coaching, and community to young people at critical junctures—the
transitions from secondary education to higher education to
career—when under-resourced students are seen to encounter barriers
to pursuing their dreams.
The commitment reflects Coach's dedication to help break down
the systemic barriers that prevent others from discovering their
path and purpose—and living more authentically. Working with
students in cities across North
America, these partners all share Coach's values of
optimism, authenticity and inclusion.
"I'm proud to continue our commitment to Dream It Real with The
Opportunity Network, Bottom Line and Year Up, three partners who
share our vision and values," said Interim CEO and Brand President of Coach, Todd Kahn. "It is our goal to fight inequality
by empowering under-represented students through education, and to
help provide the resources, skills and mentoring they need to make
their dreams a reality."
Based in New York, The
Opportunity Network ignites the drive, curiosity, and agency of
under-represented students across the country to and through
college and into thriving careers through its Career
Fluency® model and programs. Bottom Line, serving
students in Boston, New York, Chicago and Worcester, helps low-income and first
generation students to get to college and stay in college through
one-on-one mentoring and guidance, and secure a mobilizing job with
six months of graduation. Year Up works to close the opportunity
divide by ensuring young adults gain the skills, experiences, and
support that will empower them to reach their potential through
careers and higher education.
Learn more about Dream It Real here.
About Coach
Coach is a leading design house of modern luxury accessories and
lifestyle collections, with a long-standing reputation built on
quality craftsmanship. The brand approaches design with a modern
vision, reimagining luxury for today with an authenticity and
innovation that is uniquely Coach. All over the world, the Coach
name is synonymous with effortless New
York style.
Coach is a Tapestry, Inc. brand. Tapestry is publicly
listed on the New York Stock Exchange under the ticker TPR.
About The Coach Foundation
Founded in 2008, the Coach Foundation brings Coach's philanthropic
initiatives to life. To date it has granted more than $50 million to nonprofit partners all over the
world to do its small part to make big dreams possible. For more
information, please visit http://coach.com/dreamitreal.
About The Opportunity Network
The Opportunity Network (OppNet) was founded in New York City with our signature Fellows
program that provides robust college access and persistence
supports as well as dynamic career exposure and readiness,
including 5 summers of internerhips or enrichment programs, for 950
students across 6+ years, starting the summer after 10th grade
through to college graduation. Fellows' outcomes far exceed
national trends with 92% graduating from college within six years
and 89% securing gainful employment or graduate school admissions
within six months of college graduation. In addition to the Fellows
Program, OppNet has an immersive capacity-building Partnerships
program for schools and youth-serving organizations across the
country looking to accelerate postsecondary and workforce readiness
for their students. This year, OppNet worked with more than 40
schools and organizations across 20 cities reaching more than 8,000
students nationally. To learn more,
visit www.opportunitynetwork.org.
About Bottom Line
Bottom Line is dedicated to helping first generation students from
low income backgrounds get into college, graduate, and go far in
life. We partner directly with underserved students to fulfill
their ambitions to select the right college, earn a Bachelor's
degree, and secure a first job that will launch their
careers. Our vision is to dramatically transform urban
communities by producing thousands of new career-ready college
graduates. As one of the first community based organizations to
focus on college completion, we now operate regional programs in
Boston (where we were founded in
1997), New York City, and
Chicago, collectively serving over
8,100 students. With almost 2 800 alumni, our historical graduation
rate is 78 percent, almost 20 percentage points above the national
average. To learn more, visit www.bottomline.org.
About Year Up
Year Up is a national 501(c)3 workforce development organization
committed to ensuring equitable access to economic opportunity,
education, and justice for all young adults—no matter their
background, income, or zip code. Employers face a growing need for
talent, yet there are millions of talented young adults being
overlooked, and these inequities only further perpetuate the
opportunity gap that exists in our country—a gap that Year Up is
determined and positioned to close. Year Up achieves its mission
through three interconnected strategies: direct service for
students and alumni, empowering others to serve and support young
adults, and changing systems that perpetuate the Opportunity
Divide. Year Up's intensive training program utilizes a high
expectations, high support model where students learn in-demand
technical and professional skills and apply them during a corporate
internship. Year Up has served more than 30,000 young adults across
25 cities since its founding in 2000 and has been voted one of the
"Best Non-Profits to Work For" by The NonProfit Times. To learn
more, visit www.yearup.org.
EDITORIAL CREDIT: Coach
SOCIAL MEDIA: @Coach; #CoachNY; #DreamItReal
CONTACT:
Amanda Peña, Senior Director, Global PR & Brand
Communications
212 594 1850 ext. 101854 / apena@coach.com
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SOURCE Coach, Inc.