According to UNL’s latest announcement, the non-profit organization founded by Usher in 1999 has received a substantial donation. In a news release, the Truist Foundation announced a grant of $500,000 to UNL’s high school leadership program, in particular its financial literacy program.
UNL has received $1.5 million from the Truist Foundation in support of the company’s mission so far. The latest donation is $500,000 from the foundation.
Careshia Moore, president and CEO of Usher’s New Look, commented in a news release about the importance of breaking the cycle of poverty and debt for young people. “We know that there are currently 16 million children living in poverty in this country, she said. “We would like to take this moment to publicly thank the Truist Foundation for funding Usher’s New Look with this transformational grant, which will enable us to continue our mission, helping hundreds of young people prepare for their futures while uplift their communities at the same time.”
After BB&T and Suntrust Bank merged in 2019, the Truist Foundation was created. According to its website, the Foundation seeks to “create better lives and communities through collaboration with nonprofit groups that enhance wealth growth for historically disadvantaged communities.” Achieving economic mobility and strengthening small businesses are among the goals of Truist Foundation, headed by President Lynette Bell. Bell reaffirmed in the press release her commitment to UNL and similar programs after awarding the organization with $500,000.
As a supporter of Usher’s New Look, the Truist Foundation is working to enable young people to make sound financial choices throughout their lives by empowering them with financial wellness. It is the purpose of Ushers New Look to inspire individuals and communities to achieve better well-being. Young people are guided and developed in a way that is unparalleled by their dedication and proven track record.”
Statistics on UNL’s website indicate that the organization has served more than 50,000 youth globally. During the high school program, students have the opportunity to attend workshops on a variety of subjects, including talent exploration, workforce development, preparing for college, entrepreneurship, servant leadership, budgeting, saving, credit, investing, and more.
This article was penned by Jonathan P. Wright. Jonathan is a freelance writer for multiple mainstream publications and CVO of RADIOPUSHERS. You can read more of his work by clicking here.