Vanguard has announced that the company is taking all out effort to support the Historically Black Colleges and Universities, who have been significantly affected by the ongoing Covid-19 Pandemic. The company has further added that it had distributed up to $100,000 to the Thurgood Marshall College Fund’s Covid-19 HBCU Emergency Fund.
The company has further added that it has also provided $50,000 to direct emergency support to the different schools, including Howard University, Florida A&M University, Delaware State University and North Carolina A&T State University.
Chief Diversity Officer at Vanguard, Hardle Langston said, “Vanguard believes that diversity, inclusion and belonging are essential to our success as a leader in the asset management industry.”
“Vanguard understands the important role Historically Black Colleges and Universities play in educating some of our nation’s most promising students, and we are dedicated to providing the resources necessary to ensure these vital institutions are given the opportunity to grow and thrive,” Hardle Langston further added in the statement.
Chief Executive Officer and President of the Thurgood Marshall College Fund (TMCF), Harry Williams said, “We are extremely grateful for our partnership with Vanguard and remain thankful for their ongoing support to our nation’s HBCUs.”
“These funds will continue to provide much needed support to our students impacted by COVID-19,” Williams further added in the statement.
The company has further added that it has a long history of collaborating with the HBCU’s and it has also developed the most comprehensive strategy designed to reach distant communities. The different companies have made partnerships including, HBCU Career Development Marketplace, Thurgood Marshall College Fund Leadership Institute.
Vanguard Black professional development engages with the HBCU to develop innovative learning strategies. This partnership also led to the creation of the HBCU EXPLORE program that supports the expansion of diverse talent across business areas.