When we deepen Respect, we expand Opportunity. When we expand opportunity, we enable Achievement. And when we enable achievement, we unleash the power of Diversity in our neighborhoods and our workplaces.
In November 2020, the Enterprise Holdings Foundation pledged $55 million over five years to organizations that advance social and racial equity in the communities where the company operates. Donations made under the new Enterprise Holdings ROAD Forward initiative encompass three racial equity gaps that need urgent attention: early childhood development, youth health and wellness, and career and college preparation.
As part of the program, Enterprise allocated $20 million across four nationally renowned nonprofit partners – The Obama Foundation’s My Brother’s Keeper Alliance, UNCF (United Negro College Fund), Girls Inc. and Parents as Teachers.
Additionally, we are empowering employees to identify the most pressing issues in their communities and decide how to spend an additional $35 million over the next five years. In July 2021, we awarded our inaugural set of local ROAD Forward grants to 690 nonprofits, to the tune of $7.06 million. The grants will help address social and racial equity gaps in the communities we serve.
In addition to local grants, this includes support of 17 national organizations across Europe, such as National Literacy Trust (U.K.), The Girls Network (U.K.), Children's Books Ireland (Ireland), Children for a better World e.V. (Germany), Sport Dans la Ville (France), and Fundación MAPFRE (Spain), among others.