Obama plan aims to improve odds for minority boys

Crain's Chicago Business reports:

Joined at the White House by young men of color, Obama on Thursday was calling on America's businesses, philanthropists and government leaders to join forces to put more boys on a path toward successful lives. Foundations were to announce pledges to spend at least $200 million over five years to promote that goal as Obama launches his "My Brother's Keeper" initiative.

Those organizations, which include prominent groups like the Ford Foundation and the Robert Wood Johnson Foundation, will seek to coordinate their investments to create and bolster programs that keep youths in school and out of the criminal justice system, while improving their access to higher education. The White House said it expects money for those programs to grow "exponentially" as major businesses start to pitch in.

No help for you- white boy!