During the last 30 years of the "Human Capital Economy" economic success is determined largely and increasingly by the productivity of educated workers. Those with the most education have prospered, experiencing substantial real gains in their income and living standards. Others with the least education have experienced stagnation in their incomes and relative loss of financial status, which has shifted to better-educated workers. In many cases, those with the least education have experienced substantial real income losses, and concomitant decreases in living standards in comparison to better-educated workers and living cost. The dividing line between those who exceed and individuals that struggle appears to be directly related to skills acquired through higher education. Those who get advanced education acquire skills that are rewarded in the labor market. (Post Secondary Education Opportunity, No. 129, March 2003).

JBead Foundation was founded on July 7, 2003, at the request of several university colleagues, to ensure our nation’s students are a top budget priority to receive the skills and resources they need to succeed in our economy. JBead Foundation emerged due to national and state budget cuts to higher education, to develop college funding resources and job opportunities for disadvantaged and low-income students among impacted neighborhoods. JBead Foundation was developed to provide financial assistance for individuals who cannot afford tuition to fulfill their college dreams.

The vision of JBead Foundation is to strategically use our resources to partner with neighborhood community organizations that foster change which will enhance the quality of lives for many people nationwide. Through local businesses and city officials, JBead Foundation will acquire community-training, scholarship, and invested programs that will increase rates of student education for at-risk youth. Subsequently, this partnership with the community will provide opportunities to improve employment rates among low-income students.

JBead Foundation will operate throughout the United States and international countries. JBead Foundation is committed to work with other community non-profit corporations to help plan and restore low-income communities across the nation by affecting the public policies that determine our quality of life. As a non-partisan, non-profit, public policy, research, and educational institution, JBead Foundation depends on the support of concerned people like you. Your investment in our future is an investment for future leaders.