City Youth Matrix Awarded $500,000 Multi-Year Grant from Ausherman Family Foundation to Expand Access to Youth Enrichment Opportunities

City Youth Matrix (CYM) is proud to announce it has been awarded a $500,000 multi-year grant from the Ausherman Family Foundation to support the expansion of its operations and ability to serve more families throughout Frederick County. The five-year commitment marks a transformative investment in CYM's mission to remove barriers to enrichment opportunities for youth in ALICE households.

ALICE stands for Asset Limited, Income Constrained, Employed-households that earn above the federal poverty level but still struggle to afford basic necessities like housing, child care, food, transportation, and healthcare. In Frederick County, over one-third of residents fall into the ALICE category, facing significant economic challenges despite being employed.

"The Ausherman Family Foundation has been a significant and consistent believer in the City Youth Matrix mission since our early days," said Aaron Vetter, Founder and Executive Director of City Youth Matrix. "This multi-year commitment solidifies that belief so that we can dramatically broaden our impact. We are immeasurably grateful for this profound commitment from the Ausherman Family Foundation."

Click here to read the full press release.

Source: PR Newswire