This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

State Street Awards Local Nonprofits Grants Totaling More Than $1 Million To Support Employment And Education Programs

State Street Corporation (NYSE: STT) today announced that its Foundation made 23 grants to support nonprofits in Quincy and Boston during the second quarter of 2014 totaling more than $1 million to support education and career development programs. The State Street Foundation is the charitable grantmaking arm of State Street Corporation.

“As a company headquartered in Massachusetts we are deeply invested in our local community,” said Michael Scannell, senior vice president and head of the State Street Foundation. “We recognize our investments in education and workforce development can have a positive impact in creating and maintaining sustainable employment.”

Adult Education and Employment

Five grants totaling $145,000 were made in support of job placement and retention programs, secondary and post-secondary credential programs, and English as a secondary or other language (ESOL) programs with a focus on programs that provide skills development and support services, as well as language and literacy skills to help adults maintain employment.

• One $40,000 grant was awarded to the New England Center for Homeless Veteran’s (NECHV) to support its veterans training school which offers vocational training to homeless veterans to provide them with critical skills to achieve employment.

Youth Education and Employability

Seven grants totaling $435,000 were made in support of academic achievement programs targeted at keeping students on track for high school graduation.

A $150,000 grant was given in support of the Boston Debate League’s Go Deep Initiative, a new program implemented in seven Boston area schools with the goal of transforming school culture and improving graduation rates.

• Eight grants totaling $420,000 were made in support of youth academic and employment programs to help build basic job skills.

• A $115,000 grant was given to BUILD, a four year old program that uses entrepreneurship to encourage students at risk of dropping out of high school to persevere, graduate and ultimately attend college.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs