The T.U.T Foundation
"Triumphant Under Tragedy"
Empowerment
The T.U.T Academy is a FREE tuition after school program, with enrollment starting from grades 5-12. The T.U.T Academy provides basic tutoring for all core subjects, and provides basics in these asset industries:
-
Health & Fitness
-
Entrepreneurship
-
Financial Literacy
-
Stock Investments
-
Computer Code
-
Real Estate Investments
We have teamed up with "Wells Fargo" to provide Financial Literacy for communities. All graduates from The T.U.T Academy will have a solid life plan of options to pursue after high school, with the intention to "Close The Loop" by either creating new businesses or working within existing businesses in our communities. The T.U.T Academy provides financial counseling for adults in our low income communities. Our Financial counseling includes basic tools such as credit counseling, banking needs, money management, and investments. Lastly, our empowerment efforts extends through our annual events we hold in our communities to build community pride. Building community culture, pride and the power of our community dollar to be reinvested in our low income communities is our long term goal.
Education
The T.U.T Foundation provides annual college scholarships and internships to high school and college students who exemplify high academic standards with a social and economic impact. Through the TUT Academy internship program, students build relationships with successful businesses within our communities. Depending on performance during these internships, students earn jobs right out of high school or after the completion of college. The T.U.T Foundation Gala, is an annual fundraiser, held every year in the City of Carson to honor our college scholar awardees.
Equity
-
New Markets Community Capital: As an emerging CDE (Community Development Entity), The T.U.T Foundation will soon be a recipient of the New Market Tax Credit allocations from the US Treasury Dept. NMCC utilizes these tax credit allocations to fund qualified active low income community businesses and projects.
-
Foundation Federal Bank: Due to the refusal of credit in low income communities, The T.U.T Foundation is in the strategic planning phases of FFB, "Foundation Federal Bank", a Community Development Financial Institution (CDFI), created to provide credit lines and all basic banking needs for low income communities.
-
Foundation Community Capital: FCC, provides special financing and technical assistance to small businesses. FCC is a Community Development Financial Institution (CDFI), lender that provides the provisions of financial products for growing businesses. FCC provides micro lending & venture capital for emerging start ups, and private equity for well established companies needing an infusion of capital.