Exelon Commits $3 Million to Expand “Becoming a Man” Program Targeting At-Risk Chicago Students
October 05 2016 - 12:01PM
Business Wire
Program aims to reach more than 4,000
participants this school year, helping to increase graduation rates
and reduce conflict
Exelon announced that it has committed $3 million over three
years to help fund a significant expansion of Youth Guidance’s
Becoming a Man (BAM) program with a goal to serve 4,080 male
Chicago Public Schools students this year. The expansion represents
an increase of 30 percent over the previous year, or an additional
1,300 students. Expanding this program and other mentoring programs
supports Mayor Rahm Emanuel’s three-year commitment to reach 7,200
young men from at-risk communities with high-quality mentoring
opportunities to support them in staying in school and on-track to
graduate from high school.
“At Exelon, we believe that empowering young people is the key
to creating opportunity and building stronger communities,” said
Chris Crane, president and CEO of Exelon. “Programs like BAM prove
that with investment and support, our kids can reject violence and
instead step forward into bold and promising futures.”
“Important investments in mentoring that have the power to turn
young people’s lives around cannot wait for the next budget
season,” said Mayor Rahm Emanuel. “I want to thank our partners at
Exelon for stepping up in support of our plan to expand critical
mentoring services to youth who need it most. Not only will their
support help to make a difference in the lives of thousands of
young people across the city, but it will contribute to a better
future for our city overall.”
“Exelon has been a strong supporter of Youth Guidance’s mission
to help youth overcome obstacles for many years, and through
Exelon’s generous leadership gift to expand our BAM program across
Chicago, over 400 Chicago youth will have a caring, skilled BAM
Counselor guiding and supporting them for each of the next three
years,” said Michelle Adler Morrison, CEO, Youth Guidance. “The
impact of Exelon’s support for the youth we serve and their
communities will reverberate across Chicago.”
BAM is a school-based group counseling program that helps young
men learn and utilize social cognitive skills, such as slowing down
their thinking, considering the perspective of others and
identifying and evaluating consequences before acting. The program
model integrates cognitive behavioral therapy, youth engagement and
rites of passage work. BAM's foundation rests upon six core values:
integrity, accountability, self-determination, positive anger
expression, respect for women and visionary goal setting. Last
school year, BAM served 2,751 young men in 50 Chicago schools.
A recent University of Chicago Crime Lab study found that BAM
reduced violent crime arrests by 50 percent, reduced total arrests
by 35 percent and increased on-time high school graduation rates by
19 percent for male students at Chicago Public Schools.
Evidence-based programs like BAM provide young men from
at-risk neighborhoods the support they need to
stay on-track to graduate from high school and avoid
involvement in the criminal justice system that is more likely if
they drop out of school.
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company
with the largest number of utility customers in the U.S. Exelon
does business in 48 states, the District of Columbia and Canada and
had 2015 revenue of $34.5 billion. Exelon’s six utilities deliver
electricity and natural gas to approximately 10 million customers
in Delaware, the District of Columbia, Illinois, Maryland, New
Jersey and Pennsylvania through its Atlantic City Electric, BGE,
ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one
of the largest competitive U.S. power generators, with more than
32,700 megawatts of nuclear, gas, wind, solar and hydroelectric
generating capacity comprising one of the nation’s cleanest and
lowest-cost power generation fleets. The company’s Constellation
business unit provides energy products and services to
approximately 2.5 million residential, public sector and business
customers, including more than two-thirds of the Fortune 100.
Follow Exelon on Twitter @Exelon.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161005006086/en/
Exelon CorporationPaul
Adams410-470-4167paul.adams@constellation.com
Exelon (NYSE:EXC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Exelon (NYSE:EXC)
Historical Stock Chart
From Apr 2023 to Apr 2024