This summer season, the Greenwood Undertaking will educate monetary literacy, coding, profession expertise and funding methods to over 200 Black and Latinx youth, primarily from Chicago’s South and West Sides. Their objective is to empower Black and Latinx communities to beat generational cycles of poverty by introducing college students to wealth-building profession pathways by means of the intensive examine of finance.
Greenwood Undertaking is proud to announce partnerships with over 40 corporations, universities and non-profits for its 2022 program yr. Its flagship companions embody Citadel, DePaul College, Janus Henderson, Piper Sandler, Cboe and William Blair, in accordance with a press launch.
Greenwood Undertaking’s give attention to generational wealth by means of careers in finance traces again to its namesake. The Greenwood District of Tulsa, Okla. was as soon as generally known as “Black Wall Avenue”: A neighborhood the place the Black neighborhood thrived amidst generations of racial animus. Black Wall Avenue was utterly destroyed by white mobs throughout the 1921 Tulsa Race Bloodbath. Greenwood Undertaking honors this legacy of Black Wall Avenue and has helped college students transfer from the South Facet of Chicago to Wall Avenue in New York.
Citadel is underwriting the Greenwood Undertaking’s Excessive College FinTech Institute in 2022. Sixty highschool college students from Chicago will study primary monetary literacy ideas by means of a Python coding mission. The objective of this system is to point out college students that coding and finance expertise can result in well-paying, in-demand jobs within the finance trade.
“The Greenwood Undertaking’s highschool program reaches college students at a pivotal level of their tutorial journey, when skills-based coaching and publicity to alternatives can open new pathways to success and additional make sure that they attain their true potential,” stated Gerald Beeson, chief working officer of Citadel and chair of the Board of Trustees at DePaul College.
“We’re proud to spend money on these students who will assist form the way forward for our trade.”
Greenwood Undertaking works with each highschool and faculty college students, primarily in intensive, paid coaching applications at DePaul College every summer season. All college students are paid to take part in this system, offering them a secure, dependable part-time job every summer season. All faculty college students obtain a paid internship within the monetary companies trade with Greenwood Undertaking’s company companions.
DePaul College hosts the in-person, summer season intensives for 10-weeks in June, July and August. Tom Donley, interim dean for the Driehaus Faculty of Enterprise, sees synergy between DePaul College’s objectives and that of the Greenwood Undertaking.
“The Driehaus Faculty of Enterprise is thrilled to accomplice with the Greenwood Undertaking. The summer season boot camp that has resulted from this partnership aligns carefully with our shared values and objectives to teach and put together the subsequent era of enterprise leaders. The Greenwood Undertaking has seen super development over the previous few years and has created a profitable program that gives Black and Latinx college students with profession pathways into monetary companies trade.”