Western Union Foundation Celebrates Connecting 50,000 People to Economic Opportunities
May 09 2023 - 8:00AM
Business Wire
The Western Union Foundation announced that it invested more
than US$20 million, reaching more than two million people worldwide
and connecting 50,000 individuals to economic opportunities, as
part of its recently concluded Opportunity Beyond Borders
commitment.
The Foundation’s latest Impact Report highlights key programs
and stories from people supported through the organization’s
three-year commitment (Sept. 2019 – Dec. 2022). Opportunity Beyond
Borders focused on empowering disadvantaged youth with the skill
building and education needed to succeed in today’s global economy.
Additionally, it supported communities during times of crisis
through disaster relief and resiliency building.
- Some key outcomes include:
- 18,000 people nearly doubled their wages or earning
potential;
- 10,000 new jobs were created;
- 1,500 new business ventures were launched;
- 133 scholarships were provided.
“As we conclude Opportunity Beyond Borders, it’s exciting to see
the tangible and long-term difference we’ve been able to make for
so many people around the world,” said Lauren Bell, Executive
Director of the Western Union Foundation. “The individuals touched
by our work have faced challenges that many of us can’t even
imagine. We’re proud to play a small role in their journeys towards
building a more prosperous future for themselves and their
families.”
Through Opportunity Beyond Borders, the Foundation was able to
help aspiring individuals access quality education, career
pathways, and a chance to transform their lives for the better.
Stories featured in the report include:
- Zonera, an international student from Pakistan who is on her
way to graduating with a degree in computer science after
struggling for years with medical debt.
- Lamunu, an aspiring entrepreneur who was empowered to start her
own community venture after taking business training and financial
literacy courses in Uganda.
- Rook, a determined father who went from experiencing
homelessness to becoming a homeowner after taking courses that
allowed him to gain a software engineering job.
The Foundation’s impact is a testament to the generosity and
support of Western Union, its employees and corporate partners. In
2022 alone, nearly 70% of Western Union’s employees volunteered
their time or made a charitable donation to the Foundation or other
nonprofits, driving nearly US$2.3 million in contributions and
logging over 15,000 hours of volunteer time.
Learn about the programs that helped make a difference and hear
from some of the 50,000 people who connected to economic
opportunities through Opportunity Beyond Borders by reading the
Foundation’s full Impact Report.
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About the Western Union Foundation
The Western Union Foundation’s mission is to create economic
opportunity for youth and people who migrate in search of better
opportunities. With more than two decades of impact, we continue to
deliver on our mission by investing in programs that provide
aspiring individuals with access to quality education, career
pathways, and a chance to transform their lives for the better. To
date, we have invested more than $140 million in nonprofits
spanning over 150 geographies. The Western Union Foundation is a
separate, tax-exempt 501(c)(3) charitable corporation and receives
support from The Western Union Company, its employees, agents and
business partners. Contributions to the Foundation are
tax-deductible for U.S. income tax purposes. To learn more, visit
www.westernunionfoundation.org or follow us on Twitter
@TheWUFoundation.
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Rachel Rogala media@westernunion.com
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