A $300,000 Sands Cares
contribution continues the company's commitment to empowering NPHY
in the fight to end youth homelessness in Southern Nevada
LAS
VEGAS, July 18, 2023 /PRNewswire/ -- Las Vegas
Sands (NYSE: LVS) today announced it has contributed
$300,000 to its long-time partner
Nevada Partnership for Homeless Youth (NPHY), bringing the
company's total contributions to the fight to end youth
homelessness with NPHY to more than $2.3
million since 2014.
The multi-faceted engagement is fueling NPHY's work in three
areas: assisting the nonprofit in providing immediate relief to
youth in crisis, helping create lasting solutions that build NPHY's
capacity to address youth homelessness, and powering The
Movement to End Youth Homelessness as co-presenter of the
Nevada Youth Homelessness Summit and through support for NPHY's
ongoing advocacy efforts.
Specifically, funding in the areas of immediate relief and
lasting solutions is targeting the social and emotional well-being
of youth experiencing homelessness with direct support for classes
and activities at the NPHY Drop-In Center as well as in-house and
contracted mental health services. Sands' investment in these areas
recognizes the vital need to address the impact of the situations
NPHY's clients face, build self-esteem and confidence, and put
youth on a course not just to survive, but to thrive.
Sands' contribution also is assisting NPHY in addressing its
youth clients' immediate needs for food, hygiene items, clothing,
transportation, health care and educational materials, while
providing general support for NPHY's emergency services touch
points including the Safe Place program, the NPHY Drop-In Center,
the Emergency Shelter program and ongoing youth outreach efforts.
Integral to these operations is funding to support an additional
staff person to enhance program delivery.
Finally, Sands and NPHY recently announced their continued
partnership to co-present the Southern Nevada Youth Homelessness
Summit, which NPHY and Sands have hosted annually since 2017.
Sands' support is enabling NPHY to expand the Summit and The
Movement to End Youth Homelessness statewide and continue holding
advocacy trainings through The Movement Institute, which was
launched at Summit 2022.
"For nearly 10 years, Sands has been one of our most committed
partners, profoundly impacting the trajectory of our
organization and enabling us to expand the care and advocacy we
provide for our youth," Arash
Ghafoori, CEO of NPHY, said. "The 2023 partnership is
reflective of our ongoing strategic planning with Sands and its
commitment to deeply understanding the youth homelessness issue and
what is needed to give youth in crisis a pathway to sustainable
independence and a bright future."
Youth homelessness remains a critical issue in Southern Nevada. According to the U.S.
Department of Housing and Urban Development, in 2022 roughly 12% of
youth experiencing homelessness across the United States were residing in
Nevada, with 81% concentrated in
Southern Nevada. Homelessness risk
factors have accelerated as the state of Nevada is facing an estimated shortage of more
than 80,000 affordable rentals for extremely low-income tenants,
according to the National Low Income Housing Coalition. The
first-ever standalone Southern Nevada Youth Homelessness Needs
Assessment, created through a community process driven by The
Movement and the Southern Nevada Homelessness Continuum of Care
(CoC) in 2022, found that 5,125 youth ages 14 to 24 depended on
emergency shelters, transitional housing or a combination of these
solutions in 2021, an increase from 4,252 youth in 2020.
"Our commitment to ending youth homelessness in Southern Nevada is one of the cornerstones of
our Sands Cares program in Las
Vegas because of the tremendous need in our region – and
because we greatly value and believe in the capability of NPHY to
uplift young people facing these circumstances," said
Ron Reese, senior vice president of
global communications and corporate affairs, who spearheads
corporate responsibility initiatives at Sands. "Whether it's
delivering programs and services to youth in crisis, building
ultimate solutions or leading The Movement to End Youth
Homelessness, NPHY has a vision and model that we believe can
drastically reduce the impact on young lives and the incidence of
youth homelessness in our state."
Sands' support for youth homelessness falls under the global
Sands Cares community engagement program's priority on hardship
relief. As part of the company's hardship relief initiatives, Sands
Cares provides resources to disadvantaged people and aids them in
overcoming barriers to necessities such as food, housing and other
critical resources.
To learn more about Sands Cares, visit
https://www.sands.com/responsibility/communities/#our-program-sands-cares.
To support NPHY in the fight to end youth homelessness, visit
https://nphy.org/.
About Sands (NYSE: LVS)
Sands is the world's
preeminent developer and operator of world-class integrated
resorts. Our iconic properties drive valuable leisure and business
tourism and deliver significant economic benefits, sustained job
creation, financial opportunities for local businesses and
community investment to help make our host regions ideal places to
live, work and visit.
Sands' portfolio of properties includes Marina Bay Sands in Singapore and The Venetian Macao, The Plaza
Macao, The Londoner Macao, The Parisian Macao and Sands
Macao in Macao SAR, China, through majority ownership in Sands
China Ltd.
Sands is dedicated to being a leader in corporate
responsibility, anchored by the core tenets of serving people,
planet and communities. Our ESG leadership has led to inclusion on
the Dow Jones Sustainability Indices for World and North America. To learn more, visit
www.sands.com.
About Nevada Partnership for Homeless Youth
(NPHY)
NPHY is the most comprehensive service provider for
the thousands of homeless youth in Southern Nevada, serving hundreds of youth
through core programs and touching the lives of thousands more
through outreach each year. NPHY's programs stabilize homeless
teens' lives, meeting their immediate needs and providing a safe,
supportive environment and a path to self-sufficiency. Through work
with homeless youth, NPHY creates productive, healthy adults who
contribute to society. Strengthening and complementing the
high-quality direct services for homeless youth, NPHY is dedicated
to advocating with and for the Las Vegas Valley's homeless youth
population and serves as a leader in systems-level efforts to
eliminate homelessness among Nevada's youth. For more information or to
support our life-changing work for homeless youth, please visit
www.nphy.org.
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SOURCE Las Vegas Sands