The Palmisano Foundation is announcing a $750,000, three-year commitment to causes important to New Orleans youth in tandem with The NOLA Coalition.
The coalition has a pair of commitments, the New Orleans Police Department and raising $15 million dollars over three years for youth services.
The money from the foundation will go toward youth services and programs.
The Palmisano Foundation's donation is intended to drive positive generational change for young people in New Orleans.
“From its inception, WJ Palmisano and the team assembled by Wesley have shown a relentless focus on excellence in everything they do,” said Michael Hecht, President and CEO of GNO, Inc., coordinator of the NOLA Coalition. “This major commitment to the youth of New Orleans continues the Palmisano tradition: it is strategic, it is focused, and it will drive positive results - as hundreds of young people learn the skills for well-paying jobs in the high-demand construction industry. The NOLA Coalition salutes and thanks The Palmisano Foundation.”
To fund the gift, each company within the WJ Palmisano organizational umbrella is dedicated to donating a consistent percentage of their annual profit. The largest portion will come from the 10-year-old commercial construction company, Impetus.
In alignment with WJ Palmisano's focus on construction and commercial real estate, the first grant in the amount of $120,000 per year for three years will go to unCommon Construction, a non-profit dedicated to providing workforce training in construction industry fields.
UnCommon Construction uses the build process to empower youth with the skills, network, resources, and experience to lead the workforce after high school or college.
