Jobs for the Future Partners with Truist Foundation to Accelerate Economic Mobility in Several Regions Across the United States

Rhea-AI Summary

Jobs for the Future (JFF) has partnered with Truist Foundation to enhance economic mobility and career advancement across several U.S. states, including Georgia, North Carolina, Pennsylvania, Ohio, and the Huntsville, Alabama region.

The collaboration involves a $4.2 million investment to support two initiatives aimed at building pathways to high-wage, high-growth careers through postsecondary education and workforce training programs.

Key elements include partnering with community colleges to support learners facing economic mobility barriers and expanding tech training programs for data analytics and cybersecurity roles, particularly targeting low-to-moderate-income individuals.

This effort aligns with JFF's 10-year goal of helping 75 million people advance into quality jobs.

Positive

• $4.2 million investment to enhance economic mobility.
• Partnership with community colleges in Georgia, North Carolina, Pennsylvania, and Ohio.
• 180 workers to be trained in tech roles within two years.

Negative

• None.

Jobs for the Future will work to build inclusive career on-ramps in IT and bridge gaps in U.S. workforce and education systems.

BOSTON, June 26, 2024 /PRNewswire/ -- Today, Jobs for the Future (JFF), a national nonprofit that drives transformation of the U.S. education and workforce systems, announced its partnership with Truist Foundation to improve economic mobility and advancement opportunities for learners and workers across three Southern states, Ohio, and Pennsylvania. The $4.2 million investment will support two initiatives to build equitable pathways to high-wage, high-growth careers through postsecondary education and workforce training programs.

"The opportunity to secure a quality job with the potential for economic advancement must be equally accessible to learners and workers across this country, regardless of state or region," said Maria Flynn, president and CEO of Jobs for the Future. "This is why we are grateful to Truist Foundation for supporting our work to invest in community colleges in several states and in stakeholders across the Huntsville, Alabama region, so we can build new approaches for inclusive on-ramps to tech careers and more."

In Georgia, North Carolina, Pennsylvania, and Ohio, JFF and Truist Foundation will partner with a cohort of six community colleges. These regions have a high concentration of learners and workers who face barriers to economic mobility. The partnership aims to develop and scale strategies that increase the number of learners accessing and completing education and training programs. These programs lead to high-quality jobs in occupations with growing demand JFF will support the participating colleges in analyzing the outcomes and experiences of learners to design and implement interventions that promote access and success in career pathways. Truist's investment will also support the expansion of JFF's advisory services, which focus on creating inclusive postsecondary pathways to jobs with high labor market opportunity.

In the Huntsville, Alabama region, Truist Foundation, JFF, and online education provider edX will build on their experience of implementing innovative, community-centric models. These models engage stakeholders across the nonprofit, workforce development, community college, and business sectors to expand a boot camp-driven model for tech training in data analytics and cybersecurity roles. This program aims to train 180 workers over two years, establishing on-ramps to tech careers for low-to-moderate-income individuals, workers from underprivileged backgrounds, and others who have overcome significant challenges. In addition, JFF will conduct research to identify how robust, boot camp-driven tech training can support on-ramps to tech careers within a collective impact model.

"Truist Foundation understands the critical role education and training play in the trajectory of an individual's job, career, and wealth-building opportunities," said Truist Foundation President Lynette Bell. "That's why we are investing in partners and programs like those that Jobs for the Future and edX are supporting across the country to help provide access to tools and resources that all learners and workers need to achieve economic mobility."

These initiatives are integral to JFF's 10-year North Star goal of helping 75 million people facing systemic barriers to advance into quality jobs. For four decades, JFF has partnered with organizations across the learn and work ecosystem to design solutions, scale best practices, influence policy and action, and invest in innovations. This ensures that every individual, regardless of background, can advance economically. 

Media Contacts:
Kria Sakakeeny, JFF, ksakakeeny@jff.org
Kristen Fraser, Truist, media@truist.com 

About Jobs for the Future
Jobs for the Future (JFF) drives transformation of the U.S. education and workforce systems to achieve equitable economic advancement for all. www.jff.org

About Truist Foundation
Truist Foundation is committed to Truist Financial Corporation's (NYSE: TFC) purpose to inspire and build better lives and communities. The Foundation, an endowed private foundation established in 2020 whose operating budget is independent of Truist Financial Corporation, makes strategic investments in a wide variety of nonprofit organizations centered around two focus areas: building career pathways to economic mobility and strengthening small businesses to ensure all communities have an equal opportunity to thrive. Embodying these focus areas are the Foundation's leading initiatives – the Inspire Awards and Where It Starts. Learn more at Truist.com/Foundation.

About edX/2U
edX is the global online learning platform that fuels the world's ambition. edX was developed in 2012 by Harvard and MIT to make the world's best education available to everyone. Today, as a part of 2U, Inc. (Nasdaq: TWOU), edX connects over 78 million people with online learning to meet every professional moment. Together with top-ranked universities and organizations at the forefront of their fields, edX offers thousands of job-relevant programs across nearly every career discipline, from artificial intelligence and robotics to sustainability and public health. Find online courses, certificates, boot camps, and degrees that fuel your ambition at edx.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/jobs-for-the-future-partners-with-truist-foundation-to-accelerate-economic-mobility-in-several-regions-across-the-united-states-302183170.html

SOURCE JOBS FOR THE FUTURE INC

FAQ

What is the partnership between Jobs for the Future and Truist Foundation?

Jobs for the Future and Truist Foundation have partnered to improve economic mobility by investing $4.2 million in initiatives that build pathways to high-wage, high-growth careers through education and workforce training programs.

Which states are involved in the Jobs for the Future and Truist Foundation partnership?

The partnership involves Georgia, North Carolina, Pennsylvania, Ohio, and the Huntsville, Alabama region.

How much is being invested by Truist Foundation in the JFF partnership?

Truist Foundation is investing $4.2 million.

What are the primary goals of the Jobs for the Future and Truist Foundation partnership?

The primary goals are to build pathways to high-wage careers through postsecondary education and workforce training, and to support economic mobility for learners and workers facing barriers.

How many workers will be trained in tech roles through the JFF and Truist Foundation partnership?

The partnership aims to train 180 workers in tech roles over two years.