Mission Fed Awarded $25,000 Grant to Support
Urban Corps of San Diego County

Funds will provide direct financial assistance and financial literacy education to 100 Corpsmembers

Location
San Diego, CA

Scope of Work
Donation/Corpsmember Financial Literacy

Media Inquiries
Teresa Leader-Anderson tleaderanderson@urbancorps.org

Mission Fed Credit Union, the largest member-owned, not-for-profit, full-service financial institution exclusively serving San Diego County, received $25,000 in grant funding from the Federal Home Loan Bank of San Francisco’s 2022 Access to Housing and Economic Assistance for Development (AHEAD) Program. Locally, the grant was awarded to Urban Corps of San Diego County (Urban Corps) to provide direct financial assistance to its Corpsmembers.

The AHEAD Program enables FHLBank San Francisco members, like Mission Fed, to give a critical boost to local programs and projects that target pressing community needs. The grants help create a brighter, more equitable future for underserved people, neighborhoods and communities.

Urban Corps is a certified local conservation corps whose mission is to provide young adults with the tools to expand their career opportunities through education, life skills training and paid work experience. The organization offers a work-learn program that allows Corpsmembers the opportunity to learn real-world job skills that enables them to give back to the community while earning their high school diploma and receiving a paycheck. Urban Corps also provides additional support services to its Corpsmembers related to childcare, housing and transportation. The AHEAD grant will fund direct financial assistance to Corpsmembers using these services allowing them to successfully complete the program.

“Many of our Corpsmembers have challenges in their lives that have prevented them from earning their high school diploma. Urban Corps provides them with a second chance for their diploma while giving them paid job training that encourages civic engagement, responsibility and self-sufficiency — these are game changing opportunities for young people in our community,” said Kyle Kennedy, CEO of Urban Corps. “We thank and applaud Mission Fed and FHLBank San Francisco for helping us provide these critical funds to our Corpsmembers.”

Urban Corps estimates that approximately 100 Corpsmembers will be served with this financial support. For more about the program or how to become a Corpsmember, visit www.urbancorpssd.org.

As part of the grant, Mission Fed will provide ongoing one-on-one financial education and counseling for Corpsmembers who utilize this funding to support their ongoing financial success.

“Urban Corps has given thousands of underserved, low-income young adults the opportunity to improve themselves while improving their own communities,” said Doug Wright, Chief Financial Officer at Mission Fed. “Mission Fed is honored to help support Urban Corps and provide critical financial literacy expertise to build resiliency throughout our most under-resourced communities. We’re grateful to FHLBank San Francisco’s partnership and the AHEAD grants they provide to our region.”

FHLBank San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better. This last year, FHLBank San Francisco awarded $1.5 million in grants to 55 projects that will boost economic development activity and promote financial stability in communities throughout Arizona, California and Nevada. 

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Urban Corps of San Diego County Receives $100,000
Donation From Guild Giving Foundation

Money will be useds to help young adults with education and job training

Urban Corps of San Diego County received a $100,000 donation from the Guild Giving Foundation, a nonprofit organization created by Guild Mortgage to deliver on its commitment to building relationships and strengthening communities. The money will be used to help Urban Corps continue its mission to provide young adults ages 18-26 a second chance for a high school diploma while giving them the tools to expand their career opportunities through paid job training.

“The Guild Giving Foundation and Guild Mortgage are long-time supporters of Urban Corps and we can’t thank them enough for their support,” said Kyle Kennedy, CEO of Urban Corps of San Diego County. “This donation will help us continue to give our Corpsmembers the opportunity to earn a high school diploma and receive life skills and paid job training that will put them on the road to success. In our 2022 fiscal year, 66 Corpsmembers graduated with their high school diplomas, 20 percent are headed to college and 80 percent are employed.”

The donation was raised from Guild Giving Foundation’s annual Charity Golf Tournament and Dinner Social that included golf, dinner and a silent auction with items such as vacation packages, sports memorabilia and one-of-a-kind experiences.

“The Guild Giving Foundation is committed to giving back to communities where Guild Mortgage employees and customers live,” said Mary Ann McGarry, president and CEO of Guild Mortgage. “We encourage our employees to volunteer, support financial literacy and deliver on our commitment to provide shelter and inspire positive change. Urban Corps is an organization that provides a positive change in San Diego County and we are proud to donate and help them with their mission of education and paid job training.”

About the Urban Corps of San Diego County

Founded in 1989, Urban Corps of San Diego County is a certified local conservation corps and charter school whose mission is to provide young adults ages 18-26 the tools to expand their career opportunities through paid job training, support services and a second chance to earn a high school diploma.

For more information or to join Urban Corps, visit https://urbancorpssd.org/ and follow us on Twitter (@SDUrbanCorps), Facebook & Instagram (@sandiegourbancorps), TikTok (@urbancorps) and LinkedIn.

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