buildOn – Connecting youth and supporting education across countries
Millions of children worldwide do not have access to classrooms. Deutsche Bank joins buildOn in providing places of learning to some of the most impoverished communities, while helping urban youth in America reconnect with education.
In America’s poorest communities, school drop-out rates are high in the face of drug problems, violence and hunger. Studies have shown that every 26 seconds, a young person drops out of high school in the US, even more do not graduate. Meanwhile, primary education is still not a widely shared good in many regions of the world.
BuildOn is a non-profit organization which aims to find a shared solution to these issues. In more than 2,400 hours a week, young people from a number of US cities volunteer in soup kitchens, elementary schools and advocacy groups to help them reconnect with their communities and the value of education, all while creating real social impact. They also travel to poor areas in countries such as Haiti, Mali and Senegal to provide much-needed infrastructure and set up adult literacy classes which aim to break the cycle between poverty and illiteracy.
Deutsche Bank supports buildOn in realizing its objective of offering a joint solution to these pressing issues. Together, the bank and the organization made it possible to extend the program to Banana Kelly High School in the Bronx, New York, an under-resourced school with a graduation rate of only 50 percent and which frequently featured on the city list of low-performing schools. In addition, a team of Deutsche Bank volunteers will travel to Nicaragua early next year to build a school as part of buildOn’s Global School Construction Program.
On September 18, 2013, Deutsche Bank joined buildOn-founder Jim Ziolkowski and 100 student volunteers in ringing the closing bell at the New York Stock Exchange.
children worldwide are kept out of primary school by poverty and lacking access to resources and infrastructure
“I am grateful that GE and Deutsche Bank have embraced our mission that we are more than a charity, we are a movement.”