College Possible Philadelphia, a nonprofit dedicated to college access and success, received a $150,000 grant from Raymond James & Associates.

In a press release announcement, it was revealed that the funds provided by the investment giant will be used to help more than 1,000 students in college-based programs, as well as seven high schools in Pennsylvania and Delaware.

“We are thrilled to partner with Raymond James to foster change in our community and help level the playing field for our students,” said Dia Williams Adams, executive director at College Possible Philadelphia, in the press release statement. “We are grateful for their philanthropic support; through this multiyear investment, our program is better positioned to provide more students with the tools they need to flourish and graduate from college.”

This effort is part of Raymond James’ renewed effort to help Black communities. In the wake of the Black Lives Matter movement, 63 senior leaders across Raymond James — including on its Board of Directors and Diversity and Inclusion Advisory Council — have pledged $1.5 million to further those causes.

College Possible Philadelphia is a nationally growing nonprofit organization making college admission and success possible for students from low-income backgrounds through an intensive curriculum of coaching and support.