The Western Union Foundation Commits $250,000 Strategic Funding to Support Denver Public Schools
April 05 2018 - 8:00AM
Business Wire
New grant to focus on college and career
readiness programs aimed at addressing Colorado’s skills gap
The Western Union Foundation has committed a grant of $250,000
to the Denver Public Schools (DPS) Foundation in support of
innovative programs in DPS, with a strategic focus on narrowing
Colorado’s skills gap. The grant is being made as The Western Union
Company makes a significant and long-term commitment to Denver, as
the location of its global headquarters.
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The Western Union Foundation commits
$250,000 strategic funding to support Denver Public Schools as part
of a $1 million funding pledge made last October, in support of
local community programs throughout Denver. (Photo: Business
Wire)
Among the first programs to receive Western Union Foundation
support will be the DPS CareerLaunch internship program. The
CareerLaunch program is designed to give students the opportunity
to apply classroom learning and build critical real-world skills
through six-week and semester-long internships. According to the
DPS Foundation, 67.3% of DPS students live in poverty. CareerLaunch
internships give students the opportunity to earn a financial award
as well as begin to build professional networks they might not have
otherwise.
“The Western Union Foundation is proud to stand with our
partners at the DPS Foundation in helping to ensure that Denver’s
schoolkids have the skills and knowledge they need to do whatever
they want in life, no matter their background,” said Elizabeth
Roscoe, vice president and executive director of the Western Union
Foundation. “The initiatives we are supporting will help close
the skills gap and keep Denver’s young people competitive in the
job market.”
As part of its support, the Western Union Foundation will also
be the Presenting Sponsor of the DPS Foundation’s 2018 Achieve
Gala, the organization’s largest annual fundraising event that
showcases the talents and achievements of DPS students and is
attended by nearly 1,000 guests. Funds raised at the Gala help DPS
ensure that every child in Denver has access to a quality
education.
“We could not be more excited about the Western Union
Foundation’s commitment to the CareerLaunch program, which
literally helps launch students into success and changes the
trajectory of their lives. And I believe that our city is
strengthened by every student who graduates ready to lead a
successful life,” said DPS Foundation President and CEO Verónica
Figoli.
The Western Union Foundation has supported the work of the DPS
Foundation since 2003. This new investment reflects the Western
Union Foundation mission to support educational initiatives in its
hometown and throughout the world. In addition to the Western Union
Foundation previous financial support to the DPS Foundation,
Western Union employees have volunteered to read with elementary
students in classrooms, donated school supplies, and participated
in mentoring programs for students.
Last year, the Western Union Foundation announced a $1 million
funding pledge for local community programs throughout Denver. In
addition to the Denver Public Schools Foundation, the money will be
distributed to other local non-profits and NGOs such as Junior
Achievement Rocky Mountain, Emily Griffith Technical College,
and Mi Casa Resource Center. Since its inception in 2001, the
Western Union Foundation has provided more than $8 million in
grants to 340 non-profits in Denver.
About the Denver Public Schools Foundation
The Denver Public Schools Foundation is Denver Public Schools’
fundraising partner, generating resources, building relationships
and championing public education to impact system-wide achievement
in order to realize the vision of Every Child Succeeds. The DPS
Foundation engages the entire community in support of DPS’ more
than 92,000 students and more than 200 schools. Learn more at
www.dpsfoundation.org.
About the Western Union Foundation
The Western Union Foundation believes that education is one of
the surest pathways to economic opportunity. Through collaborations
with NGOs around the world, the Foundation has embarked on a
five-year mission to connect 50,000 migrants, refugees, women and
young people to the global economy through demand-driven skills
training and workforce enablement programs by 2020. The Foundation
also offers a global scholarship program that helps put a
post-secondary education in reach for in-need students studying in
the STEM fields and business. To date, more than $113 million has
been given to fund projects affecting more than 800,000 people in
137 countries across the globe, including humanitarian relief for
communities in crisis. The Western Union Foundation is a separate
charitable corporation that is tax-exempt under §501(c)(3) of the
US Internal Revenue Code, and receives support from The Western
Union Company, its employees, agents and business partners.
Contributions to the Foundation are tax-deductible for US income
tax purposes. To learn more, visit the Western Union Foundation
webpage or follow us on Twitter @TheWUFoundation.
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version on businesswire.com: https://www.businesswire.com/news/home/20180405005402/en/
Media Contacts:Western UnionRachel Rogala, (720)
332-2686Rachel.rogala@westernunion.comorDenver Public Schools
FoundationKristy Adams, (720) 423-3877KAdams@dpsfoundation.org
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