FedEx Establishes New Initiative to Support Local HBCUs
February 10 2021 - 9:00AM
Business Wire
$5 million commitment to four regionally based
HBCUs builds on longstanding commitment to advance inclusion and
empower economic opportunity in the Black community
FedEx Corp. (NYSE: FDX) announced today a pledge to commit $5
million to four Historically Black Colleges and Universities
(HBCUs) in Mississippi and Tennessee. The initiative will create
valuable education and job readiness for students at Tennessee
State University, Jackson State University, Mississippi Valley
State University, and LeMoyne-Owen College.
The initiative is a collaborative effort among FedEx and each
school designed to help prepare students for the workforce beyond
formal education. A portion of the multi-year commitment will be
used to 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.
Today’s announcement reinforces the company’s longstanding
commitment to advancing inclusion and empowering economic
opportunity in the Black community. Through skills training
programs, mentoring, and collaboration with leading national and
local organizations, FedEx is focused on making the communities it
serves more equitable, helping empower diverse voices, and
providing access to leadership, educational and employment
opportunities.
About FedEx Corp. FedEx Corp. (NYSE: FDX) provides
customers and businesses worldwide with a broad portfolio of
transportation, e-commerce and business services. With annual
revenue of $75 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 nearly 600,000
team members to remain focused on safety, the highest ethical and
professional standards and the needs of their customers and
communities. To learn more about how FedEx connects people and
possibilities around the world, please visit about.fedex.com.
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Sederia Gray sederia.gray@fedex.com 901.302.6412
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