The Executive Leadership Council’s most recent Strategic Vision 2021 includes expanding our emphasis on community. ELC will invest $2 million in 2020 to launch a series of new philanthropic programmatic pillars created to help ensure increased opportunities for young black women and men to succeed as business executives.
The new pillars will increase collaboration among ELC members and other organizations as we seek to address the problems of communities with intentionality, action, impact and positive outcomes. While the pillars are intended to help our communities, the philanthropic strategy and new initiatives are foundational to growing The ELC’s future philanthropic programs.
The ELC Scholars pillar has three components:
The Black Male Cohort Initiative is the newest to launch. Created in collaboration with the business schools of three Historically Black Colleges and Universities (HBCUs) the initiative seeks to increase successful internships and graduation rates of black males. An emphasis on data will help drive the success of the program.
We will continue our signature Scholarship/Business Case Recipients Program that provides scholarships for Undergraduate students and monetary awards for successful Graduate case study submissions.
Gap Funding for Rising Juniors and Seniors seeks to ensure college and university students can afford the final years of study.
Additional new program pillars include:
- A Leadership Development Program that presents professional development opportunities for students through the ELC Institute for Leadership Development and Research.
- ELC Community Impact Grants will be awarded to nonprofit organizations in select communities.
- Black Entrepreneurship Support includes mentoring, investing and capacity investments for entrepreneurs.
ELC Philanthropy Quarterly Updates
Organizations Supported by The ELC in 2019
- Bennett College
- Congressional Black Caucus Foundation
- EcoTech Visions Foundation
- Fire and Focus Scholarship Fund
- Hampton University
- Joint Center for Political and Economic Studies, Inc.
- Management Leadership for Tomorrow
- Martha’s Vineyard Museum
- Millenial Bridge
- Morgan State University
- National Academy of Human Resources
- National Society of Black Engineers
- National Trust for Historic Preservation
- Power Media, LTD
- South Carolina State University
- Spelman College
- Sponsors for Educational Opportunity
- The Black British Business Awards
- The Morehouse School of Medicine
- The Stephen C. Rose Legacy Foundation
- University of Missouri
- Victor Green Foundation
- Washington Business Journal
- Washington Government Relations Group