Logo courtesy of Southern Company

Southern Company Announces a $50 million Initiative for Students at Historically Black Colleges and Universities

Originally posted on Southerncompany.com

Southern Company and its subsidiaries announced a $50 million multi-year initiative to provide students attending historically black colleges and universities (HBCUs) with scholarships, internships, leadership development, and access to technology and innovation to support career readiness. This initiative will provide support for students attending select HBCUs within the Southern Company system’s service footprint in Alabama, Mississippi, Georgia, North Carolina, Tennessee and Virginia.

“This investment is a statement of our belief that America needs these HBCU graduates in order to ensure a thriving economy for generations to come,” said Thomas A. Fanning, chairman, president and CEO, Southern Company. “We invite others to partner with us to create the scholarships, internships, and opportunities to train the leaders of tomorrow.”

Southern Company acknowledges that building the talent pipeline at HBCUs cannot be done by one corporation –additional partners are needed to join in support with matching gifts.

HBCUs have a longstanding tradition of graduating compelling and impactful leaders. Founded before the Civil Rights Act of 1964, HBCUs were created, primarily, to provide African Americans with high quality education and skills development when laws prohibited them from being admitted at predominantly white colleges and universities. As a result, HBCUs have become incubators for innovative and bold leadership. The legacy of HBCUs includes pioneering leaders like Rev. Dr. Martin Luther King, Jr. (Morehouse); Alice Walker (Spelman College); George Washington Carver (Tuskegee Institute); and many others. With an influx of support, HBCUs can grow this legacy by ensuring students have the resources and support not only to graduate, but to excel.

“Southern Company’s initiative is a tribute to the legacy of HBCUs as difference-makers for the American workforce. With this investment, we aim to foster a generation of graduates ready to disrupt industries and offer solutions to address the needs of our changing world,” said Chris Womack, executive vice president and president of external affairs, Southern Company.

Southern Company’s $50 million HBCU initiative is envisioned as a leadership development platform. It seeks to provide funding for programs that address four priorities necessary for producing HBCU graduates who are ready to become innovative leaders:

  • Provide critical scholarship dollars to ensure talented students can attend and complete college;
  • Equip HBCU students with access to new technology and train them to use the technology to solve real-world problems;
  • Expose HBCU students to curricula, mentoring, and pathways to funding that increase their access to entrepreneurship; and
  • Develop a corporate pipeline for leadership and career development, beginning with internships provided by Southern Company and corporate partners, to create avenues to prosperity.

Further details on this competitive program will be announced by May 1, 2020. The first round of funding will be awarded in time for the academic year beginning in fall 2021.

Latest News

EY COVID-19 Business Continuity Plan: Five Ways to Reshape

Originally posted on EY LinkedIn and  EY.com  EY Responding to COVID-19 COVID-19 is an unfolding event bringing uncertainty to every business. To help you navigate through these unprecedented times, here you’ll find the most relevant EY insights on responding to volatility and building enterprise resilience. Global companies have to be predictive…

What You Need to Know About How Johnson & Johnson’s Supply Chain Is Responding to the Covid-19 Pandemic

The company’s Chief Global Supply Chain Officer shares the measures the company has taken to maintain its supply chain operations during the current novel coronavirus outbreak. Originally published on jnj.com. The effects of the global Covid-19 pandemic are undeniable. Kathy Wengel, Executive Vice President & Chief Global Supply Chain Officer,…

Humana Foundation Donates $500,000 in Support of Coronavirus Pandemic Relief and Recovery Efforts

Originally published on Humana.com – Partnership with Feeding America will support COVID-19 response funds addressing food and financial needs in communities across the U.S. – Collaborative effort in greater Louisville area will offer free COVID-19 screenings The Humana Foundation, the philanthropic arm of Humana Inc., announced today it will provide $500,000…

Marshall, NBA, CEO

Women’s History Month Profiles: Cynthia ‘Cynt’ Marshall, First Black Woman NBA CEO

Known best for: Becoming the CEO of the Dallas Mavericks — the first African American woman CEO in the NBA During Women’s History Month, DiversityInc is honoring a series of woman innovators and history makers who are often overlooked in mainstream media coverage and history books. Check back throughout March…

Novartis Announces Broad Range of Initiatives to Respond to COVID-19 Pandemic and Creates $20 Million Global Fund to Support Impacted Communities

Originally published on novartis.com. Novartis COVID-19 Response Fund will provide grants of up to USD 1 million to support communities around the world most impacted by the Coronavirus outbreak Novartis to join collaborative R&D efforts with the Bill & Melinda Gates Foundation, Wellcome, and Mastercard -supported COVID-19 Therapeutics Accelerator and…