Tom Gores and Consumers Energy President and CEO Patti Poppe have committed $2 million to establish the Flint Promise Fund and the creation of a Flint Promise scholarship program. The new scholarship program was launched in the 2018-2019 school year and is managed by the Flint & Genesee Chamber of Commerce.
Pictured from left, Arn Tellem, vice chairman, Detroit Pistons; Isaiah Oliver, CFGF President and CEO; and Patti Poppe, CEO, Consumers Energy.
The Flint Promise is a collaborative, community-based effort led by a coalition of local Flint and Genesee County educators and philanthropic organizations. The Community Foundation is spearheading the initiative with input from a stakeholder group that includes Crim Fitness Foundation, Flint Community Schools, Flint & Genesee Chamber of Commerce, FlintNOW Foundation, Genesee Intermediate School District, Hagerman Foundation, Kettering University, Mott Community College, United Way of Genesee County, Baker College, and University of Michigan-Flint.
The funding commitment comprises a $1 million personal pledge from Mr. Gores, who is Chairman and CEO of investment firm Platinum Equity and owner of the Detroit Pistons, and a $1 million grant from the Consumers Energy Foundation. The personal commitment from Mr. Gores marks the latest initiative under his FlintNOW campaign, a $10 million pledge to support a broad range of programs focused on relief and revitalization in his hometown of Flint.
“I am grateful to the Consumers Energy Foundation for joining us in this effort to provide every kid in Flint with the promise of a chance to go to college,”
“I grew up in Flint, went to school here and appreciate the power of education to transform people’s lives and revitalize a community. Every student who works hard deserves a chance to earn a college degree. We want to give those kids and their families a reason to dream and provide them the resources to make those dreams come true.”
Consumers Energy CEO Patti Poppe said the Foundation’s support for the Flint Promise is a reflection of Consumer Energy’s commitment to the communities where it does business.
“Our investment in Flint and the education of our future workforce aligns perfectly with our commitment to the people of Michigan,” said Mrs. Poppe. “Flint has started a remarkable comeback from recent challenges, and we see our contribution as a down payment on a bright future for a community that we are proud to serve.”
The Flint Promise is a locally driven initiative designed to offer Flint students more opportunities for post-secondary education. The commitment from the Gores family and the Consumers Energy Foundation ensures that Flint students will have an opportunity many didn’t think possible. It’s an investment in Flint’s future and a vote of confidence in our children. It will also make our community even more attractive for additional investment.