Barclays reinforces commitment to EastSide Charter School with $1 million investment for new STEM center
The donation coincides with the 20th anniversary of the mentorship program launched by Barclays
WILMINGTON, Del., September 12, 2022 /PRNewswire/ — Barclays today announced a $1 million investment in EastSide Charter School and Community Discovery STEM Hub. Barclays’ donation over the 2022-2024 period will support the growth of EastSide’s mentorship program to serve more students, the expansion of the school and the construction of its new state-of-the-art STEM centre. The Discovery STEM Hub will also serve as the community’s after-hours learning center on weekdays and during the summer in partnership with the Wilmington Public Library. This investment coincides with the 20e anniversary of the EastSide mentoring program launched by Barclays.
The EastSide Community Discovery STEM Hub will allow the school to grow by 20% and serve 560 students by 2026. Groundbreaking for the expansion is scheduled for December.
“Barclays has played a central role in supporting EastSide Charter School over the past two decades,” said Aaron Bass, CEO, EastSide Charter School. “Not only has the bank invested financially in our success, but Barclays colleagues have dedicated thousands of volunteer hours to positively impact our students and the local community. We are grateful to Barclays for the generous donations of time and funds that will make it possible to introduce more innovative programs and expand our reach.”
The EastSide Mentorship Programme, launched by Barclays in 2002, is a weekly, multi-year engagement from September to June to support their at-risk students with social-emotional learning and additional support such as help with schoolwork and other activities. Mentors typically start with sophomores and continue to mentor students until they enter middle school. Mentors come from Barclays, other local businesses, and community members. Since the program’s launch, more than 850 ethnically diverse students with high needs have benefited from mentorship. Hundreds of Barclays colleagues have served as mentors over the past two decades, including the CEO of Barclays US Consumer Bank Denny Nealon.
Bass and Nealon, along with other local leaders gathered outside the EastSide Charter School in Wilmingtonon September 12 to celebrate 20 years of the mentorship program and announce the $1 million Don.
“Barclays is honored to continue its decades-long support of EastSide Charter School and its mission to develop strong future leaders,” said Nealon. “As a former EastSide mentor, my colleagues and I are passionate about the development and growth of EastSide students, which reflects Barclays’ commitment to making a positive difference in the communities where we live and work. .”
About Barclays US Consumer Bank
Barclays US Consumer Bank is a leading co-branded credit card issuer and financial services partner in the United States that creates highly personalized programs to retain and engage customers for some of the travel, entertainment, retail, nation’s most successful retail and affinity. The bank offers co-branded, small business and private label credit cards, installment loans, online savings accounts and CDs. For more information, please visit www.BarclaysUS.com.
Barclays is a British universal bank. We are diversified by business, by different types of clients and customers, and geographically. Our businesses include worldwide consumer and payments banking operations, as well as a leading, full-service, global corporate and investment bank, all of which are backed by our services company which provides the technology, operations and functional services across the Group. . For more information about Barclays, please visit www.Barclays.com.
About EastSide Charter School
EastSide Charter School is one of the oldest charters in the state. It was licensed in 1997 as the first charter elementary school in the state of Delaware. EastSide currently serves 473 K-8 studentse to note. For more information about EastSide Charter School, please visit www.eastsidecharterschool.org.