FedEx Is Creating Opportunities With HBCUs

Rhea-AI Summary

FedEx Corporation is enhancing its commitment to Historically Black Colleges and Universities (HBCUs) with a multi-year strategy that includes a pledge of over $5 million to support workforce preparation programs. This initiative aims to aid students impacted by the COVID-19 pandemic and create career opportunities. In collaboration with HBCU Presidents, FedEx has initiated numerous programs focusing on education, mentorship, and internship connections. The strategy emphasizes engagement, empowerment, and connection to bridge career gaps for Black students.

Positive

• Pledge of over $5 million to support HBCUs.
• Focus on preparing students for the workforce.
• Enhanced partnerships with HBCUs for education and career opportunities.

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / Decembe 19, 2022 / FedEx Corporation

Creating opportunities with HBCUs

As part of our enterprise-wide diversity, equity, and inclusion efforts, we launched a multi-year strategy in collaboration with Historically Black Colleges and Universities (HBCUs). We are proud to expand on our over 20-year commitment in supporting HBCUs, with a $5+ million pledge to fund programs that will prepare students for the workforce and provide financial assistance to students facing economic hardship due to the COVID-19 pandemic. Together with HBCU Presidents, we are focused on breaking down barriers to career opportunities for Black students.

"These are the unbelievable gifts that go far beyond any dollar amount. These are opportunities to open eyes and change people's perspectives, not just about themselves, but about what is possible for them next. We appreciate FedEx and we appreciate them investing in our students."

- Michael Sorrell, President, Paul Quinn College.

In one of our inaugural initiatives, FedEx helped bring together a Roundtable focused on the intersectionality of sports and social justice. Participants included Denny Hamlin, driver of the #11 Toyota Camry sponsored by FedEx, fellow NASCAR driver Bubba Wallace, Jackson State University Athletic Director Ashley Robinson, Tennessee State Head Basketball Coach Penny Collins, and ESPN SportsCenter anchor Elle Duncan. The panel discussed the importance of pairing awareness with inclusivity, and how Black athletes and ally voices can use their platforms to speak out against racial injustice and inspire change. To help elevate the profile of HBCUs, FedEx created a new design for the #11 Toyota Camry driven by Denny Hamlin and invited HBCU presidents to attend the race in Daytona, Florida.

Our strategy has three components:

Engage: We raise awareness about the academic and career promise of HBCUs

Empower + educate: We work with HBCUs to provide educational experiences that lead to career preparedness

Connect: We connect students to internships, mentorships, and career opportunities at FedEx and beyond

Read more

View additional multimedia and more ESG storytelling from FedEx Corporation on 3blmedia.com.

Contact Info:
Spokesperson: FedEx Corporation
Website: http://www.fedex.com
Email: info@3blmedia.com

SOURCE: FedEx Corporation

View source version on accesswire.com:
https://www.accesswire.com/732440/FedEx-Is-Creating-Opportunities-With-HBCUs

FAQ

What is FedEx's recent initiative with HBCUs?

FedEx has launched a multi-year strategy supporting HBCUs with a pledge of over $5 million.

How much money is FedEx investing in HBCU programs?

FedEx is investing over $5 million to fund programs for HBCUs.

What are the main components of FedEx's strategy for HBCUs?

The strategy includes engaging, empowering, and connecting students to career opportunities.

What is the significance of FedEx's collaboration with HBCUs?

The collaboration aims to break down barriers to career opportunities for Black students and enhance workforce readiness.

When was FedEx's commitment to HBCUs announced?

The commitment was announced in a press release dated December 19, 2022.