Even though corporate houses make a hefty profit, but how many of them share a decent part of their profits with society is one of the most talked about question? Well, the answer is not so fascinating to share. In order to break the ice, quite a few tech companies have decided to come ahead and donate as much as $1.75 million for facilitating non-profit coalition training for Queens. Major companies that have agreed to contribute to this initiative include names like Google Inc (NASDAQ:GOOGL), the Robin Hood Foundation, Blackstone Charitable Foundation, Arbor Brothers, and Capital One FUND. Other participants include New York Community Trust, Alexis Ohanian (Reddit.com), Verizon and Bernard F. & Alva B. Gimbel Foundation.
What’s Coalition For Queens:
Coalition for Queens is a nonprofit initiative, which focuses towards increasing the technical skills of people based in New York. Coalition for queen program lasts for nine months in which adults from low-income families, as well as underrepresented backgrounds, are given admission. Reports claim that it’s a great initiative to make youngsters skilled and enable them to earn a living without any hassle. The founder of this non-profit organization Jukay Hsu claims that the average salary of young graduates has elevated from $26,000 to $73,000 after attending this program.
While giving interview to a local publication, Hsu claimed that Coalition for Queens is working hard towards making more an inclusive eco-system. He previously worked in the U.S. Army, but afterward, left his job and decided o train workforce and help them prepare to touch greater heights in their careers. The target students of this tech initiative are segregated in the below-stated manner-
50% underrepresented minorities, 50% women and 50% immigrants.
There is only one condition to take part in this program, and that is the annual salary of any applicant shouldn’t be more than $45,000.