NY – November 2012 / Hospitality 1ST / Delaware
North Companies and the Jacobs family declared their support for the
Yes Buffalo Scholarship, Thursday (Nov. 14), with a $1 million gift.
added to previous commitments from Western New York individuals, families,
organizations and businesses, more than $17.5 million has now been raised
locally to provide postsecondary tuition scholarships for graduates of
Buffalo public and charter schools.
Delaware North is a leading global hospitality and food service company founded nearly 100 years ago in Buffalo by the Jacobs family and still headquartered here today. Delaware North operates at dozens of sports stadiums, entertainment complexes, national parks, resorts, casinos and airports, including locations such as Wembley Stadium in London, the Delaware North-owned TD Garden in Boston, Los Angeles International Airport, the Australian Open in Melbourne and Kennedy Space Center in Florida.
Say Yes Buffalo is an education-based initiative that provides a powerful engine for long-term economic development, which will radically improve the life course of public school students in the City of Buffalo.
Catalyzed by a locally funded scholarship program and bolstered by a successful national model that includes district-wide school improvements and alignment of community and public support services, Say Yes Buffalo will increase educational attainment of the students in the Buffalo Public Schools. To accomplish this, Say Yes Buffalo addresses financial, academic, health, and social/emotional barriers to educational attainment thereby upgrading the skills in our job pool and the prospect of success for thousands of students from low-income families.
“We are deeply grateful for the generosity and support the Jacobs family and Delaware North Companies have shown through this leadership gift,” said Alphonso O’Neil-White, Chair of the Say Yes Buffalo Scholarship Committee and President and CEO of BlueCross BlueShield of Western New York. “This incredibly generous gift brings us one giant step closer to our initial fundraising goal of $30 million which will ensure the Say Yes Buffalo Scholarship is available for the next ten years.”
The leading predictor of economic health for a region is the level of education of its residents. Buffalo is consistently ranked among the poorest cities in the United States. This ranking directly correlates to the Buffalo public schools’ graduation rate of 54% and to the fact that those schools are not preparing students to succeed in today’s economy.
Say Yes Buffalo was created to address this issue and is expected to do so by:
Delaware North Companies
Say Yes Buffalo