Submitted by FedEx Corporation
To build on our longstanding commitment to advance inclusion and empower economic opportunity in the Black community, we are committing $5 million to four regionally based Historically Black Colleges and Universities (HBCUs).
The new initiative will create valuable education and job readiness for students, and offer relief support to help students, faculty and staff at each school who have suffered adverse economic impact due to COVID-19.
“With many students and families struggling right now as a result of the COVID-19 pandemic, our hope is that this timely investment will help keep more students in school and provide future access to leadership, educational and employment opportunities,” said Judy Edge, corporate vice president of Human Resources at FedEx. “This contribution further deepens our commitment to creating more equitable communities by breaking down barriers to work and making a sustainable, long-term impact on underrepresented groups.”
This new initiative builds on the longstanding relationship between these HBCUs and FedEx, which includes endowed scholarships at Jackson State University, Tennessee State University and LeMoyne-Owen College; a customized career readiness program established at Mississippi Valley State University; and leadership summits in support of the Southern Heritage Classic for students at both Tennessee State University and Jackson State University.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $92 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its 600,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit about.fedex.com.
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