Indianapolis-based nonprofit Foster Success has received a $10,000 grant to create an emergency fund to help older foster youth coping with the economic effects of the pandemic. The Carmel-based Zotec Foundation provided the gift.
Foster Success provides help and guidance to youth who are transitioning out of the foster care system. The organization says this is the first-ever grant made by the foundation.
“Together, we are facing truly unprecedented times and the Foster Success emergency fund is critical to the health and well-being of our Indiana foster youth,” said T. Scott Law, chairman and chief executive officer of The Zotec Foundation. “These individuals don’t have homes to go to when dorms close, or family support if they are furloughed from their jobs.”
In addition to money, Foster Success says it will also help young adults with financial literacy. It is launching an online course to give the older youth skills from budgeting to building credit.