The Wingstop Foundation Will Target Urban Students
Rick Ross revealed he’s behind a new scholarship initiative to combat the high dropout rate among students in big cities.
The Wingstop Foundation will award scholarships to young people from urban areas, as well as Wingstop employees, to pursue higher education. The nonprofit will also make grants to groups working to stop students from dropping out through education and mentoring.
“To me, a company as huge as Wing Stop, we’ve seen so much success doing what we’re doing, let’s take it to the next level,” the bawse told us this week in NYC at the launch of Wing Stop’s online clothing and accessories store, Wingshop. “Let’s make ourselves that much more a part of the community.”
High school graduation rates for low-income students are 74.6 percent, 14 percentage points lower than their non-low income peers, who graduate at a rate of 89 percent, according to the education advocacy nonprofit Grad Nation. And the high school drop out rate for urban youth now stands at 54 percent.
Ross – who owns several Wingstop franchises across the country – told us that he felt that the most meaningful way the company could give back was through education.
“We see the drop out rates,” he said. “We know what’s going on. So what’s the biggest thing that we could do? Wingstop as a company came together and put together an urban scholarship that’s for the underprivileged, that’s educationally based. That’s me talking to my audience. We need to hear this, and we need to bring all these ideas and concepts to the table and start as soon as possible.”
The Wingstop Foundation will officially launch later this year.