The Phoenix Association Sigma Beta Club

To provide personal development, leadership skills, sociocultural awareness to youth in Chicago.

Sigma Beta Club programs are a direct response to the growing number of young people that are at risk of falling through the cracks in our communities. Our programs offer at-risk youth the opportunity to make a dramatic change in their lives. The goal of the program is to identify youth, ages 8 – 18, who may have a turbulent transition to adulthood and offer preventative support. Sigma Beta Club has three primary market focuses that are key to the program's success: Youth who are overcoming stressors in their lives, such as poverty, discrimination, abusive situations, addictions, unstable homes, and academic life, are the primary marketing focus for Sigma Beta Club. Schools and community organizations will be a heavy marketing focus as we work to establish strategic collaborations. Financial donors will be a critical marketing focus to ensure that programming continues without any service gaps.

The money will help us with our rental space for the Stem program (Science, technology, engineering, and mathematics) programs. We have computer donations, volunteers, and programming all organized, but we believe a financial donation will give up stability to implement our other programs, bigger and better business, education, social action, and child obesity prevention, and financial literacy programs. Money is a fact of everyday life, and learning to manage money well is critical to achieving freedom, independence, and success. Yet most young adults receive no financial education before they enter the work force. This is one of the focuses the Sigma Beta Club has.

By our Bigger and Better Business program alone, the numbers are astounding: 57% of college graduates plan to move back in with their parents (MonsterTrak). 62% of college graduates expect to leave school with an average $27,236 in student debt (The Student Monitor). 39% of American adults have ZERO non-retirement savings (National Foundation for Credit Counseling [NFCC]). More than 19% of American households have college debt (Pew Research Center). More than half of adults (56%) do not have a budget (NFCC). 76% of college students wish they had more help to prepare for their financial futures (KeyBank). Collecting data and reporting statistics is just one step toward improving the lives of young people. These statistics point out the need for youth financial literacy programs that offer practical, applicable tools to give young adults a jump start on life.