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Salesforce.com Foundation will commit $6 million to support the creation of 400 new internships and 150 new post-internship placements by expanding partnerships with Genesys Works and Year Up
Commitment announced by former Secretary of State Hillary Rodham Clinton onstage at Clinton Global Initiative's 2014 CGI America meeting
DENVER, June 24, 2014 /PRNewswire/ -- 2014 CGI AMERICA MEETING - The Salesforce.com Foundation today announced that it will commit $6 million as part of a new effort to expand youth employment opportunities. This Clinton Global Initiative (CGI) Commitment to Action is included as a part of Job One, a major set of commitments announced by former Secretary of State Hillary Rodham Clinton at this week's 2014 CGI America meeting. By expanding partnerships with Genesys Works and Year Up, the Salesforce.com Foundation will support the creation of 400 new internships and 150 new post-internship placements for youth.
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Bridging the Gap: Salesforce.com Foundation's Commitment to Opportunity Youth
In the United States alone, there are nearly six million young adults between the ages of 16-24 who are out of work, out of school and without access to education and career opportunities. Defined as Opportunity Youth, these young adults – often from under-resourced and low-income communities – lack access to education and careers that provide them with a living wage. At the same time, while the U.S. Department of Commerce recently reported that the number of jobs involving science, technology, engineering or math (STEM) expertise has tripled in the past decade, many of these jobs go unfilled due to a lack of qualified applicants.
To bridge this gap, the Salesforce.com Foundation will commit $6 million over three years to scale its youth mentoring and internship programs. The commitment includes:
Job One and The Clinton Global Initiative
At the 2014 CGI America meeting, Secretary Clinton announced Job One, a major set of commitments – including the Salesforce.com Foundation's – focused on improving job pathways for youth in the United States. To facilitate the sharing of best practices and encourage more companies to adopt youth employment activities, Secretary Clinton also announced at the 2014 CGI America meeting that CGI will be creating a U.S. Youth Employment Action Network to help CGI members continue to work on this important issue over the year ahead.
About the Salesforce.com Foundation
The Salesforce.com Foundation is based on a simple idea: leverage salesforce.com's product, equity and time to help improve communities around the world. We call this integrated corporate philanthropic approach the 1-1-1 model. Since the Foundation's inception in 1999, more than 22,000 nonprofit and higher education organizations in 115 countries are using donated and discounted Salesforce licenses, more than $65 million in grants have been awarded, and employees have committed more than 620,000 hours of their time to volunteer and pro bono projects. For more information on the Salesforce.com Foundation, please visit www.salesforcefoundation.org.
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About Clinton Global Initiative America
The Clinton Global Initiative America (CGI America), a program of the Clinton Global Initiative, addresses economic recovery in the United States. Established in June 2011 by President Bill Clinton, CGI America brings together leaders in business, government, and civil society to generate and implement commitments to create jobs, stimulate economic growth, foster innovation, and support workforce development in the United States. Since its first meeting, CGI America participants have made over 300 commitments valued at more than $15 billion when fully funded and implemented. To learn more, visit cgiamerica.org.
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Bill, Hillary & Chelsea Clinton Foundation, convenes global leaders year-round and at its Annual Meeting to create and implement solutions to the world's most pressing challenges. CGI also convenes CGI University, which brings together undergraduate and graduate students to address pressing challenges in their communities and around the world. To date, members of the CGI community have made more than 2,800 Commitments to Action, which are already improving the lives of more than 430 million people in over 180 countries. When fully funded and implemented, these commitments will be valued at $103 billion. For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.
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