|
Corporate Social Responsibility
News
7.18.2000 ET
|
CSR News from:
|
Freddie Mac Foundation
|
|
News Category:
|
|
Freddie Mac Foundation Funds Two South Central Los Angeles Programs Benefitting Children
Foundation Also Invests in Major Program to Find Adoptive Homes for Foster Children
(CSRwire) The Freddie Mac Foundation has invested $225,000 in two community-based
programs – the Community Coalition for Substance Abuse Prevention
and Treatment ($100,000) and Crystal Stairs ($125,000). Both programs
focus on the needs of children and their families in the South Central Los
Angeles area. Along with a recent grant of nearly $1.2 million to start
"Wednesday's Child," a program to find adoptive homes for local foster
children, these grants deepen the Foundation's commitment to brighten the
future for Los Angeles' children.
"These programs underscore the importance of continuing to reach
out and assist our nation's children," explained Maxine Baker, president
and CEO, Freddie Mac Foundation. "By providing higher quality childcare
for young at-risk children and academic enrichment for older at-risk
children, these community-based groups are investing in the future of
their community."
The Freddie Mac Foundation is dedicated to brightening the future for
children, youth, and families at risk and will grant $20 million this year
to organizations working to prevent child abuse and neglect, find homes for
foster children, and strengthen early childhood education opportunities.
These two new grants support these three key areas by improving
educational opportunities and childcare for at-risk children and their
families.
The Community Coalition works to improve community conditions in the
Vermont/Manchester neighborhood of South Central Los Angeles. The grant
will allow the Community Coalition's Resource Center to provide a
computer-based academic enrichment program for children ages eleven to
fourteen. The Coalition librarian, along with a parent volunteer, will
develop a computer class curriculum specifically for middle school
children. The curriculum will focus on use of the computer in math,
science and analytical thinking. By teaching children computer and
technology skills, they will be better prepared for their secondary and
post secondary education.
Crystal Stairs, founded in 1980 is one of the largest, private, non-profit
child development corporations in the state of California serving over
47,000 children. The mission of Crystal Stairs is to improve the lives of
families through childcare services, research, and advocacy. Crystal
Stairs will use its grant to improve the overall quality of license-exempt
childcare in the South Central area by creating a series of training
programs and activities for unlicensed providers over a 12-month period.
Since the quality of childcare has a positive relationship to good
developmental outcomes in children, "at-risk" children are particularly
vulnerable to the negative effects of low and poor quality care.
These two grants expand on the Foundation's recent efforts to brighten the
future for Los Angeles children. The Foundation also recently announced a
$1.2 million grant to start Wednesday's Child, a weekly televised adoption
feature on Los Angeles' KTTV-Fox 11 that helps recruit families for local
foster children in need of immediate adoptive homes. Currently, more than
500,000 children are in foster care in the United States. The Foundation
is focused on finding more adoptive homes for the 100,000 children
currently available for adoption by sponsoring Wednesday's Child
television programs in Washington, DC, New York City, Chicago, and now Los
Angeles.
Created by Freddie Mac in 1990 under the leadership of Chairman Leland C.
Brendsel, the Freddie Mac Foundation is dedicated to brightening the
future for children, youth, and families at risk. As one of the largest
corporate funders in the Washington, DC metropolitan area, Freddie Mac and
the Freddie Mac Foundation have invested nearly $80 million in nonprofit
organizations serving children and families.
|
|