Mass Mentoring is launching the inaugural Corporate Mentoring Honor Roll to recognize Massachusetts businesses of all sizes that are strengthening communities through engagement of employee, financial, and in-kind resources. In late 2013, we invited businesses and mentoring programs to nominate a company for the Corporate Mentoring Honor Roll. The honorees are being recognized at the Jan. 14 Corporate Mentoring Summit at State Street during National Mentoring Month, and in conjunction with the Summit we will be rolling out an inductee in the days around the event. Today's post recognizing State Street Corporation, headquartered in Boston, comes from their nomination submitted by Pamela Civins, executive director at Boston Partners in Education.
Throughout our 42-year partnership, State Street has provided hundreds of employees to serve as volunteer academic mentors to Boston Public Schools (BPS) students. This academic year, 85 State Street employees participate in one of three programs: the School Volunteer Program, Math Rules! and Power Lunch.
The majority of State Street volunteers participate in Power Lunch, a literacy-based corporate mentoring program for students in kindergarten through third grade. State Street’s Power Lunch volunteers are each paired with an at-risk child with whom they meet weekly over lunch or recess time. By engaging in reading, games and conversation, the volunteers provide personal, one-on-one attention to help foster a love of reading and build the child’s literacy and social skills.
State Street also participates in The Big Cheese Reads, Boston Partners in Education’s signature sponsorship and literacy initiative. Each year, State Street sends several of its top executives into middle school classrooms within BPS to read aloud and discuss the link between literacy and career success. At the conclusion of the reading, students have the opportunity to ask the reader questions about his or her career, life and schooling, which allows for a mentoring experience. In the 10 years State Street has participated, 20 corporate-level employees have participated, including Vice Chairman Joseph Antonellis; Executive Vice President Alison Quirk; and Chief Marketing Officer Hannah Grove. In FY14 State Street’s CEO Jay Hooley is joining The Big Cheese Reads.
Historically, the State Street Corporation has consistently been one of our top financial supporters. Over the years, the State Street Foundation has and continues to award us major grants in support of our academic mentoring programs. State Street also contributes to Boston Partners in Education through event sponsorships, typically serving as Presenting Sponsor for our Big Cheese Reads Gala.
In addition to company support, there is a strong tradition of employees making individual donations, either through annual giving or The Big Cheese Reads. State Street employees have also donated generously through the United Way, in many cases seeking matching funds available from the corporation. Additionally, over the past three years, State Street has donated a significant amount of auction items to Boston Partners’ annual gala. We can always count on State Street as a generous source for auction items, including sports tickets and memorabilia, travel, and “money-can’t-buy” experiences.
State Street’s Vice Chairman Joseph Antonellis has served on Boston Partners in Education’s Board of Directors for 10 years, taking the helm as Chairman in 2006. He is a vigorous advocate for the work of Boston Partners, and supports us because he truly believes in helping children reach their full potential, so that someday, they too can be leaders in our community. Mr. Antonellis visits a middle school classroom each year as a Big Cheese Reader, and is an enthusiastic supporter of the gala and auction every year. Nicholas Lopardo, a retired State Street Executive, is a long-time board member and dedicated supporter of Boston Partners. Pauliina Swartz, another former State Street employee, also served on the Board of Directors. State Street supports a number of mentoring organizations in the Boston area. Boston Partners is fortunate to be one of the recipients of the company’s generosity, including financial support and employee time. State Street executives who participate as Big Cheese Readers have also helped recruit other leaders in the area to reinforce the power of mentoring and broaden the outreach to more potential supporters in the community. State Street has graciously hosted several events on our behalf, including read-alouds of the Boston Ballet’s “Nutcracker” at elementary schools.
State Street has always been committed to enriching and uplifting the communities they serve. The company invests in many nonprofit and cultural institutions to reach their ultimate goal of creating strong, safe communities. State Street is especially focused on supporting the mentoring and education sectors, providing the best opportunities to nurture a productive future workforce. They also encourage their employees to volunteer, reinforcing the company’s core values of responsibility and good citizenship. Boston Partners in Education is greatly appreciative of the deep commitment that State Street has provided to us throughout our 42-year partnership.
State Street is a major contributor to the mentoring field in Massachusetts. They worked with Mass Mentoring in 2004 to launch their own mentoring program with North Quincy High School, which has grown from five matches to 35 and has expanded to include three other corporations in North Quincy. They've taken the lead on launching the Youth Violence Prevention Funders Collaborative, a network of businesses, foundations, government agency funders, and key experts formed to strategically align their efforts to increase their impact on youth violence in Boston. Steve Powell, Vice President of State Street Investment Manager Solutions is the Vice Chair of the MMP Board of Directors and also chairs our annual Champions of Mentoring event committee. Additionally, State Street employees have run the Boston Marathon for Team MMP, raising money for the mentoring field; and they helped developed our Quality-Based Membership initiative and provided annual support for our Corporate Mentoring Summit at State Street, and our Back-to-School recruitment campaign that benefits a number of Boston mentoring programs.
Congratulations to State Street being named to the Corporate Mentoring Honor Roll.