Ravens owner, M&T Bank Will Spend Millions to Help Baltimore Kids Get Through College

Only about 40% of Baltimore public school graduates enroll in college, and many of them will not complete a four-year degree. The Baltimore Ravens, the Stephen and Renee Bisciotti Foundation, and MPN member M&T Bank are betting they can change that trajectory for hundreds of students, particularly those from the city’s most underserved communities.

In the next decade, a total of $50 million in donations will be made to organizations that help kids get to college and graduate. The money will go to two local nonprofit foundations and help bring a national model called College Track to Baltimore.

The Bisciotti Foundation and the Ravens will donate $10 million, and the M&T Charitable Foundation will give an additional $10 million to enable College Track to create a foundation and center in Baltimore to support Baltimore City Public Schools students for a decade, beginning in ninth grade and ending two years after graduation when they are beginning professional careers.

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Source: The Baltimore Banner