ST. LOUIS, MO/June 1, 2017 (STL.News) Citi Foundation Funds Jobs – More youth in the city of St. Louis will have summer jobs this year, thanks to a major philanthropic donation.
STL Youth Jobs has received $297,000 as part of its Summer Jobs Connect program, designed to provide jobs to youth ages 16-24. Now in its fifth year, STL Youth Jobs has provided nearly 2,000 youth with paid work experience and career and mentoring services. The program is designed to reduce crime, increase academic success and build career skills.
The donation will provide 160 jobs to young people in St. Louis city and will shore up agencies such as SLATE (St. Louis Agency on Training and Employment) that support youth employment.
Newly-elected St. Louis Mayor Lyda Krewson announced the gift at a news conference this week. “This investment from the Citi Foundation and the CFE Fund to provide employment for more than 160 teens and young adults living in neighborhoods with high poverty, crime, and low educational attainment is significant,” said Krewson. “This investment will not only allow our city’s young people to earn a paycheck but will also empower them to manage and keep their hard earned money.”
The program aims to increase financial literacy as well. Participants are given access to a free checking and savings account and receive financial education.
Funding one youth employee job costs an estimated $2,500. In total, the Citi Foundation has invested $866,400 in St. Louis as part of its thirteen-city Summer Jobs Connect initiative. There’s often a waiting list for positions.
For more information on STL Youth Jobs,
visit www.stlyouthjobs.org [www.stlyouthjobs.org], follow on Twitter @stlyouthjobs or visit Facebook www.facebook.com/stlyouthjobs
You can see Mayor Krewson’s news conference about the donation here: