GET EMAIL UPDATES FROM POWERTOFLY
By signing up you accept the Terms of Service and Privacy Policy
BROWSE CATEGORIES
GET EMAIL UPDATES FROM POWERTOFLY
Nba

NBA Board of Governors launches first-ever NBA Foundation in partnership with NBPA to support Black communities and drive generational change

Below is an article originally published by NBA on August 5, 2020. This article is about PowerToFly Partner NBA. Go to NBA's company page on PowerToFly to see their open positions and learn more.

NEW YORK – The NBA Board of Governors announced today that it will contribute $300 million in initial funding to establish the first-ever NBA Foundation dedicated to creating greater economic empowerment in the Black community. The Foundation is being launched in partnership with the National Basketball Players Association.

Over the next 10 years, the 30 NBA team owners will collectively contribute $30 million annually to establish a new, leaguewide charitable foundation. Through its mission to drive economic empowerment for Black communities through employment and career advancement, the NBA Foundation will seek to increase access and support for high school, college-aged and career-ready Black men and women, and assist national and local organizations that provide skills training, mentorship, coaching and pipeline development in NBA markets and communities across the United States and Canada. As a public charity, the Foundation will also aim to work strategically with marketing and media partners to develop additional programming and funding sources that deepen the NBA family's commitment to racial equality and social justice.

The Foundation will focus on three critical employment transition points: obtaining a first job, securing employment following high school or college, and career advancement once employed. Through contributions, the NBA Foundation will enhance and grow the work of national and local organizations dedicated to education and employment, including through investment in youth employment and internship programs, STEM fields, job shadows and apprenticeships, development pathways outside of traditional higher education, career placement, professional mentorship, networking and specific partnerships with Historically Black Colleges and Universities.

"On behalf of the NBA Board of Governors, I am thrilled to announce the creation of the NBA Foundation," said NBA Board of Governors Chairman and Toronto Raptors Governor Larry Tanenbaum. "All NBA team governors recognize our unique position to effect change and we are committed to supporting and empowering young Black men and women in each of our team markets as well as communities across the U.S. and Canada."

"The creation of this foundation is an important step in developing more opportunities for the Black community," said NBPA President Chris Paul. "I am proud of our league and our players for their commitment to this long-term fight for equality and justice, and I know we will continue to find ways to keep pushing for meaningful institutional change."

The Foundation will work directly with all 30 teams, their affiliated charitable organizations and the NBPA to support national organizations and their local affiliates as well as local grassroots organizations to facilitate sustainable programming and create change in team markets.

"Given the resources and incredible platform of the NBA, we have the power to ideate, implement and support substantive policies that reflect the core principles of equality and justice we embrace," said NBPA Executive Director Michele Roberts. "This Foundation will provide a framework for us to stay committed and accountable to these principles."

"We are dedicated to using the collective resources of the 30 teams, the players and the league to drive meaningful economic opportunities for Black Americans," said NBA Commissioner Adam Silver. "We believe that through focused programs in our team markets and nationally, together with clear and specific performance measures, we can advance our shared goals of creating substantial economic mobility within the Black community."

The 30 NBA teams will be members of the NBA Foundation with its eight Board of Directors comprised of representatives from the NBA Board of Governors (four board seats), players and executives from the NBPA (three board seats) and the league office (one board seat). The Foundation's board will oversee all business affairs and provide strategic direction with respect to programming and grantmaking.

popular

How These 9 Companies Are Celebrating Difference This Autism Awareness or Acceptance Month

Five million adults in the U.S. have autism spectrum disorder, per the CDC. More are considered neurodivergent, which can refer to people with autism, ADHD, and dyslexia.

You've met some of them—maybe they're your family, friends, classmates, or coworkers, or perhaps you identify as neurodivergent yourself.

READ MORE AND DISCUSS Show less
Webinars

Elevating Black Women Virtual Summit: Learn more about Our Partners, Sponsors & Speakers

Learn more about our amazing speakers and sponsors at our April 2021 virtual summit Diversity Reboot: Elevating Black Women, three days of conversations and panels plus an interactive virtual career fair.

From everyone here at PowerToFly we want to extend a BIG thank you to everyone who tuned into last week's Diversity Reboot: Elevating Black Women. In case you missed a talk or you'd like to revisit one of our great conversations, don't worry, all of the fireside chats and panels will be available to watch for free on PowerToFly soon.

We were thrilled to present conversations on such important subjects as the racial wealth gap, the importance of affordable child care, how BIPOC youth are leading the way on combatting the climate crisis, the importance of black women in entrepreneurship and business, being an ally for communities outside of your own, plus tech talks, fireside chats with Black woman founders, panels with DEI leaders and much more.

We want to extend a HUGE thanks to our amazing sponsors MINDBODY, Smartsheet, NGA, Procore Technologies, S&P Global, PayPal and PwC whose support made this event possible.

Finally, don't forget to visit our Merch Store and grab yourself some PowerToFly apparel. 100% of the proceeds from our sales will be going to TransTech Social, supporting transgender people in tech.

READ MORE AND DISCUSS Show less
Career Advice

The NBA’s CMO Kate Jhaveri on Her Marketing Superpower: Building Community

Kate Jhaveri does one thing every day that she suggests you try: belly laughs.

The EVP and Chief Marketing Officer at the NBA credits her two kids with much of that levity—"They're very silly and they, at least once a day, make me laugh out loud," she says—though she seeks to make those lighter connections with her team at work, too.

READ MORE AND DISCUSS Show less
S&P Global Inc

Prepare for Your Interview at S&P Global with These Tips from Recruiter Kiana Labuhn

Kiana Labuhn, Recruiter at S&P Global, shares an exclusive take on the most important tips to keep in mind when preparing for an interview.

READ MORE AND DISCUSS Show less
© Rebelmouse 2020