DOVER, Del. – To commemorate the first anniversary of Barclays’ global commitment to its Race at Work program, the company’s US Consumer Bank announced its $ 1 million financial investment in the Global Institute for Equity, Inclusion and Civil Rights of the Delaware State University.
Del State’s Global Institute is a network designed to develop and share proven pathways to transform communities of color and bridge the gap to an inclusive economy, focusing projects on the areas of equity, inclusion and civil rights.
“Our partnerships with Historically Black Colleges and Universities (HBCUs) are an essential part of our Race at Work program,” said Azura Mason, Global Head of Race at Work, Barclays. “We commit with our time, talent and resources to truly make a difference in the communities we serve. HBCUs are not only a talent pool, but they are also at the forefront of creating solutions to societal inequalities. Delaware State University is a leader in the HBCU community, and we are pleased to continue our long-standing partnership.
“Delaware State University’s relationship with Barclays US Consumer Bank has been strong for a decade,” said Dr Tony Allen, President of Delaware State University. “While we certainly celebrate the magnitude of this particular gift, what we particularly treasure is Barclays’ long-term commitment to our students and our ideal of equal access to education for all. This is the true definition of partnership, and there are many students and alumni who have benefited from it.
The donation builds on the strong relationship Barclays has had with the University over the past ten years. This included a mentor-protected program with students from Del State, the company’s technical and financial support to a technology and training center established on the top floor of University Commons, and its collaboration on the development of the University Commons. workforce with the university’s adult education and continuing education programs.
The Global Institute supports and integrates existing entities at the university and partners with organizations and various leaders sharing social value and infrastructure to target resources to historically marginalized communities. The Institute primarily focuses on creating equitable opportunities for global communities of color through community and economic development; case studies; market data; analytic; and the lived experiences of the participants. To address global challenges and share proven pathways to transform communities, established entities include:
- The Neighborhood Revitalization Research Center was created to bridge the gap between research and practice in revitalizing communities and neighborhoods by serving as a research partner with communities, social and non-profit service providers and government agencies.
- The Center for Health Disparities focuses on solution-based research to understand the disparate impact of disease and infection on communities of color. The center is anchored in the University’s new molecular diagnostic and human genomics testing laboratory.
- Healing Academy Trauma Institute helps professionals skillfully manage adverse childhood experiences, race-based trauma, community violence and organizational trauma.
- The Center for World Africa is designed to connect and advance the mutual capacity of Africa, the Diaspora and the HBCUs to design institutional collaborations under the auspices of the African Union to foster joint progress in the 21st century.
The exclusive partnership with Barclays will also provide access to a series of lectures with the bank’s senior management and establish programming focused on economic empowerment. Funding for the initiative will be distributed under the bank’s Community Reinvestment Act program.
“The key here is access, both for our students and our researchers, to the incredible intellectual capital of Barclays,” said Dr. Michael Casson, Dean of the College of Business and Acting Director of the Global Institute . “The knowledge and benefits of work experience they will receive are invaluable in creating and sustaining the types of impactful partnerships we try to create, while better preparing our students for the careers of their choice. “
“At Barclays, we are deeply committed to economic growth and improving access to capital in underserved communities,” said Adam Ahmad, head of the Community Reinvestment Act, Barclays US Consumer Bank. “The economy doesn’t work for everyone, and too many communities of color are left out of the pathways to work and opportunity. We will continue to invest beyond what is required by the CRA (the federal Community Reinvestment Act).
PHOTO CUT LINE – (Lr) Denny Nealon, CEO of Barclays US Consumer Bank, DSU Chairman Tony Allen, and Richard Haworth, CEO of Barclays Americas, hold a $ 1 million display check symbolizing the companies’ donation in support of the World Institute for Equity, Inclusion and Citizenship Rights.