George Soros Pledges $30 Million to Transform the Lives of Vulnerable Black and Latino Boys
Building on its long commitment to reverse systemic injustices in the United States, the Open Society Foundations today announced that it is joining a new initiative to address broad disparities facing black and Latino boys and men in New York City.
The partnership with New York City’s Young Men’s Initiative follows the Foundations’ successful effort to address injustice in the education system in Baltimore, begun in 1998, as well as a nationwide Campaign for Black Male Achievement.
“The Young Men’s Initiative is a sorely needed, comprehensive program that aims to transform the lives of New York’s most vulnerable children,” said George Soros, chairman of the Open Society Foundations. “I believe this will help make our city a stronger and better place and set an example for the rest of the country.”
Fewer than half of all African American boys finish high school and a mere 18 percent of black males aged 18 to 21 are enrolled in college. The three-year, $30 million investment by the Open Society Foundations will support a diverse set of programs-including those focusing on the “school-to-prison” pipeline.