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Park Street Education Receives $20,000 Grant from CIBC Foundation to Support Diversifying STEM After-School Program



TORONTO, Nov 8, 2024 – Park Street Education, a registered charity dedicated to closing the equity gap in education for underserved youth, has been awarded a $20,000 grant from the CIBC Foundation. This funding will support Park Street's Diversifying STEM after-school program, which aims to foster a love of learning in STEM subjects among at-risk youth in grades 4-12.

CIBC aims to create a world without limits to ambition. We’re committed to removing barriers that all too often stand in the way of success for many students from underserved communities," said Ronan Ryan, Executive Director of CIBC Foundation. "The Diversifying STEM after-school program will not only improve access to education and careers in STEM, but will empower the next generation of leaders and changemakers to make a lasting impact on the world.

The Diversifying STEM program is a 10-week virtual course designed to complement school studies, teaching STEM concepts through the lens of diversity. The program includes weekly small group sessions, guest speakers, and mentorship opportunities with STEM professionals.

"We're deeply grateful for this generous contribution from the CIBC Foundation," said Sam Leach, Co-Founder and Curriculum Director of Park Street Education. "With this grant, we can provide 40 underserved students with the opportunity to engage in top-tier STEM education, sparking potential interest in future careers in these essential industries."

Park Street's virtual approach removes geographical barriers, making the program accessible to students across Ontario. Since its founding in 2020, Park Street Education has supported over 1,000 children through various educational programs. Park Street partners with trusted, local grassroots organizations like Big Brothers Big Sisters chapters and Children's Aid Societies, to reach youth who can benefit most from their services.

For more information about Park Street Education and its programs, visit www.parkstreetedu.com.

About Park Street Education

Park Street Education is a registered charity committed to removing barriers to education by providing accessible after-school programming to underserved youth. Through free, high-quality educational support and resources, Park Street aims to equip at-risk youth with the skills, knowledge, and confidence to succeed both in and out of the classroom.

About CIBC Foundation

CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. The CIBC Foundation serves our commitment to creating a world without limits to ambition by championing inclusive communities, investing in financial education and supporting cancer research, treatment, education and support programs through corporate donations and community partnerships. Learn more about our community impact. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.

For more information, please contact:

Damini Babbar  

Park Street Education  

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