As a black owned brand, one of our missions is to be able to inspire our people and invest back into the minority community hoping to provide a strong foundation for vertical expansion leveling the field of opportunity against the competition. In an effort to make this happen, CEO Sean Christopher has formed the Give A Dollar Scholar Initiative. This initiative focuses on donating proceeds at the end of each week to provide materials, manpower, and programs that will strengthen the STEM (Science Technology Engineering and Math) curriculums in struggling, minority predominant institutions around the local Memphis area one school at a time.
Why It Is Important
According to the U. S. Department of Commerce, STEM occupations are growing at 17%, while other occupations are growing at 9.8%. STEM degree holders have a higher income even in non-STEM careers. Science, Technology, Engineering and Mathematical field workers play a key role in the sustained growth and stability of the U.S. economy and are a critical component to helping the U.S. win the future. STEM education creates critical thinkers, increases science literacy, and enables the next generation of innovators.
Innovation and math/science literacy leads to new products and processes that shape our economy, and is backed by a solid interconnected foundation in all of the STEM areas. It is clear that most jobs of the future will require a basic understanding of math and science, yet despite these compelling facts, average test scores in these areas among U.S. students are lagging behind other developing countries. That means they hold a better position to secure our jobs than we do; even worse, minority students statistically trail that whole bunch!
To put it in perspective: In 2016, among those with a bachelor’s or higher degree, Asian full-time, year-round workers ages 25–34 had higher median annual earnings ($69,100) than their White peers ($54,700), and median earnings for both racial/ethnic groups were higher than those of their Black ($49,400) and Hispanic ($49,300) peers; not to mention a higher percentage of Black than of Hispanic, White, and Asian adults were unemployed. That same year, unemployment rates among adults ages 25 to 64 were higher for Black adults (8 percent) than Hispanic (5 percent), White (4 percent), and Asian (4 percent) adults.
WE DO MORE THAN RAP, DANCE, AND PLAY SPORTS. LET’S MAKE ‘EM RESPECT THAT.
Here’s how STEM education can be instrumental to our young minority Kings and Queens:
Statistical Evidence per NCES 2019 Report
Young adults with bachelor’s degrees, or higher, in the fields of Science, Technology, Engineering, and Mathematics (STEM) tend to have more positive economic outcomes, such as higher median earnings, versus those with degrees in non-STEM fields.
The following indicator examines the percentage of bachelor’s degrees awarded in STEM fields by race/ethnicity and gender for U.S. citizens and permanent residents:
The Power Of A Dollar
Just to consider the potential power of this movement on a base level, ponder this:
- Social media platform Facebook has a 5,000 friend limit.
- If you donated $1, and then proceeded to simply share the initiative and get your 5,000 friends to match that same dollar, you ALONE could raise $5,000 in an instant.
- If each of those 5,000 friends then proceeded to repeat the process and so on, we could dramatically change the lives and opportunities of our youth by a simple selfless act.
- Now, what if we could keep this up once per week each month on a consistent basis? Endless possibilities are only $4/month away. That’s a 4 for $4 that feeds the soul.