Starbucks is going to try to do their part for the U.S. employment rate — they’re going to start asking for donations starting at $5 dollars to help raise money for job creation in a Jobs For USA program!
Starting Nov. 1, Starbucks will begin collecting donations of $5 or more from customers to stimulate U.S. job growth through its “Jobs for USA” program. The Seattle-based coffee chain is collaborating with the Opportunity Finance Network, a nonprofit that works with nearly 200 community development financial institutions to provide loans to small businesses and community groups. Starbucks says 100 percent of the donations will go toward loans for firms and organizations that can add jobs or stem job losses.
Starbucks, which pioneered how Americans drink coffee, declined to estimate how much money it plans to raise, but millions of people visit its nearly 7,000 company-owned U.S. stores each day. Customers who give will get a red, white and blue wristband that says “Indivisible.”
We know what some of you are thinking. You’re thinking, “Why not just hire more people to help?”
We thought that too. Create jobs in your own company. Well, it turns out that they’re hiring about 200 people A DAY. That’s crazy!
Schultz said he feels personal responsibility to do something to stimulate the U.S. economy. Starbucks is hiring about 200 people a day in the U.S. as part of its efforts to remodel thousands of stores and add about 200 more locations in the next year. But Schultz said he wanted to do more.
Starbucks is covering the operational costs to get loans out through the program, which will run indefinitely. Its charitable arm, The Starbucks Foundation, is giving $5 million to get the program started, with the hope that funds will be invested in communities within a month of a donation being made.
They also want to match the $5 per person. “For those who can’t afford the extra $5″.”
Incredible! Starbucks has always been known to be charitable, and the CEO has always been known to want to use the huge platform to help.
So, when it starts, will you be willing to help? At least once??
[Image via AP Images.]
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