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Sherman A1

(38,958 posts)
Fri Sep 19, 2014, 04:25 AM Sep 2014

Emerson funding $4.4 million for Ferguson scholarships, job training

Emerson, one of the region’s largest companies, is donating $4.4 million to fund scholarships and youth employment efforts for residents in north St. Louis County and Ferguson, where its headquarters is based.

The funding commitment is one of several investments announced in recent weeks by St. Louis businesses to address economic disparities in Ferguson in the wake of the fatal shooting of 18-year-old Michael Brown by police Officer Darren Wilson.

Emerson, a Fortune 500 company with $24.7 billion in annual revenue, employs 1,300 people at a campus near the site of protests and looting that followed Brown’s death on Aug. 9. Emerson’s headquarters on West Florissant Avenue is across the street from the temporary location of a police command center during the weeks of unrest.

Through its new “Ferguson Forward” initiative, Emerson will contribute $300,000 a year for five years to the University of Missouri-St. Louis’ Opportunity Scholars Program for science, technology, engineering and math (STEM) students who are minorities or whose parents didn’t attend or graduate college.

http://www.stltoday.com/business/local/emerson-funding-million-for-ferguson-scholarships-job-training/article_278e8a1f-8167-5129-a395-a8a0f867e187.html

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Emerson funding $4.4 million for Ferguson scholarships, job training (Original Post) Sherman A1 Sep 2014 OP
Good to see a corporation giving back to the community!...... lastlib Oct 2014 #1
As to their motives, Sherman A1 Oct 2014 #2

lastlib

(24,904 posts)
1. Good to see a corporation giving back to the community!......
Wed Oct 8, 2014, 08:52 PM
Oct 2014

But why is it waiting til now to do it? Why couldn't it have been done sooner?

Maybe I shouldn't look a gift horse in the mouth; maybe I shouldn't be suspicious of its motives or the timing--but I just can't help but think that either there is an ulterior motive, or that the opportunity to help has long been there and they ignored it until there was something to be gained from it..... .

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