via blavity.com
“We all want and need a seat at the table, and then we want to run the table and then we want to have our own table. Coding is the ticket to that,” says Christina Lewis Halpern, the founder of All Star Code, a six-week initiative for high school boys of color to discover innovative career opportunities through a computer science based curriculum.
According to Atlanta Black Star, the New York activist is the daughter of the late Reginald F. Lewis, a Wall Street attorney who became the first African-American to build a billion-dollar company. Her father, a Harvard graduate before dying of brain cancer in 1993, operated TLC Beatrice International, a grocery, beverage and household products distributor.
The month before he passed, Lewis named Halpern, who was only 12-years-old at the time, to the board of his foundation. “My family foundation is committed to social justice and believes in the power of entrepreneurship and investing in our community,” Halpern said. Two decades into the future and Halpern, a professional business journalist, created the All Star Code program “to help the next generation of youth catch the next wave of opportunity.”
So how did she do it? “We seeded this initiative and provided an anchor grant. About 20 percent of the money invested in All Star Code last year was from the Reginald F. Lewis Foundation, or Lewis family personal funds,” Halpern explained. Other donors included Bond Collective, Cisco, Comcast, Facebook, Goldman Sachs, JP Morgan, Chase, MLB Advanced Media and Yahoo!. These corporations in addition to operational support gave $350,000 in funding.
Because of the lack of opportunities in STEM for men and women of color, Halpern’s All Star Code is designed to change that. The nonprofit raised more than $740,000 in 2016 at the annual All Star Code fundraiser in the Hamptons. Due to the generous contributions of the donors, the organization, which started in New York City and has stretched to Pittsburgh, has expanded and continues to grow rapidly.
The number of boys that participated in the Summer initiative skyrocketed from only 20 in 2014 to 160 this year. Halpern says that their goal is to have at least 1,000 high schoolers in 2020.
To read full article, go to: Daughter Of The First African-American To Build A Billion-Dollar Company Exposes Boys Of Color To STEM Opportunities | BLAVITY
Posts tagged as “TLC Beatrice International Inc.”
Successful entrepreneurs understand that the way to success is to be a lifelong learner. From staying abreast on latest trends to reading up on tried-and-true strategy, leaders win by seeking knowledge. Here are five books that will help any entrepreneur do just that:
The Man From Essence by Edward Lewis
Written by Edward Lewis, co-founder of Essence magazine, this book tells the story of how he started his company with three partners, eventually reaching and impacting millions of people with a landmark publication for women of color. He became the last man standing by the time it was sold to Time, Inc. Lewis details the motivation behind his drive to succeed, her personal triumphs and challenges and insights on management, startup strategy and perseverance through the ups and downs of the publishing world.
How to Succeed in Business Without Being White: Straight Talk on Making it in America by Earl G. Graves
In a society where white men dominate the top seats at major corporations, this book serves as motivation and mentorship for African-American innovators. Being one of the most prolific executives in business, Graves tells us his own story of how he became a multimillionaire, the director of several of America’s Fortune 500 corporations, a philanthropist and entrepreneur, how he built the legacy of Black Enterprise. The business icon touts: “Economic power is the key to success in a capitalistic society.”
Why Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business Empire By Reginald F. LewisLewis’ first successful venture was his $22.5 million-leveraged buyout of McCall Pattern Co., where he sold it for $65 million in 1987, and made an astounding 90 to 1 return on his original investment. He re-branded the corporation as TLC Beatrice International Inc. As the CEO and chairman, Lewis increased the company’s worth in rapid time,an with revenues of $1.5 billion, TLC Beatrice made it to the Fortune 500. It was also the first company on the Black Enterprise List of Top 100 African-American owned businesses. This book details how all of this happened and will inspire many bosses for generations to come.
Success Never Smelled So Sweet: How I Followed My Nose and Found My Passion by Lisa Price
Lisa Price, founder of Carol’s Daughter, tells the story of her life, starting from the beginning with her childhood days in Brooklyn, N.Y., to the moment her business was created and how it bloomed. The innovator provides motivating and enticing stories and explains how she went from bankruptcy to grossing over $2 million yearly while working from home. Price believes that life will guide each and every one of us until we realize our own inner truth, regardless of the challenges we faced to reach to our destination. She also shares with us advice her mother gave her and recipes for her best-selling products.
Black Titan: A.G. Gaston and the Making of A Black American Millionaire by Carol Jenkins and Elizabeth Gardner HinesA.G. Gaston was the grandson of slaves and was born penniless. At his death, he was worth more than $130 million and helmed several businesses. This is the story of his life through the eyes of his niece and grandniece. Gaston was determined to make a difference for African Americans during the time of slavery. When he passed away in 1996, he was one of the richest men in America. Black Titan is the story of a man who changed the future for all black businesspeople in our country.
article by Cristie Leondis via blackenterprise.com