A father and his 13-year-old son created a nonprofit that aims to decrease the Black wealth gap by training youth in financial literacy.
Kevon and Kamari Chisolm, the co-founders of Junior Wallstreeters, Inc., said due to the demand of their summer literacy camps, and issues as a result of the coronavirus pandemic, many deserving students were not able to participate in the courses.
The Chisolms told Black Enterprise they felt compelled to help more families, so they leaned into the mission they set for the organization.
“Although we received support from several individual camp sponsors, there were several students that were interested but unable to afford the cost of the camp,” Kevon said. “We hope that by obtaining our non-profit status, we can obtain grants and sponsorships from corporations and organizations to fulfill our mission and reach more deserving families.”