On Tuesday, Oct. 4, Starbucks Coffee Company CEO and President Howard Schultz announced that the Starbucks on 125th Street and Lenox Avenue would be donating its profits to support education, social services and job training in the Harlem community.
Schultz is donating a minimum of $100,000 to community organization Abyssinian Development Corporation in Harlem and the Los Angeles Urban League in Crenshaw, Los Angeles.
Starbucks is committing the profits for a year to assess the business model’s impact.