The Economic Impact of the Arts in St Louis
In financial twelvemonth 2021, Washington Academy in St. Louis directly contributed $ii.nine billion to the St. Louis economy and supported more than than 47,000 jobs in the St. Louis region.
At Washington University in St. Louis, we are proud to be part of the Greater St. Louis region. Every bit nosotros have grown every bit a global leader in didactics, research and patient intendance, we have strengthened our local economy, adding jobs, expanding our network of health care providers and facilities, and supporting local businesses, schools and community organizations.
In 2021, Washington University supported more than 47,000 jobs in the St. Louis region and straight contributed $two.nine billion to the local economy and attracted $879 one thousand thousand from outside the region in research funding.
St. Louis has given Washington Academy much in return. Our faculty, staff and students savor all St. Louis has to offer — a thriving startup scene, historic neighborhoods, leading cultural institutions and, of grade, St. Louis Cardinals baseball game. And only as St. Louis makes Washington University stronger, we are committed to making St. Louis stronger, besides.
FY21 ECONOMIC IMPACT ON THE REGION
How the university and the community continue to grow together
Employment
At Washington University, our various and talented workforce drives our collective success. Now the region'due south second-largest employer, we support our employees through training programs and career coaching, admission to the region'south top healthcare providers and wellness programs, unique benefits like forgivable home loans and gratuitous Metro passes, and a host of family unit-friendly initiatives from caregiver leave to tuition assistance. In improver, Washington University has increased its minimum hourly wage to $15 per hour for regular employees and basic service contractors. Our investment in our 17,300 employees is an investment in the region.
Health care
Since the start of the COVID-19 pandemic, the ane,700 master care and specialist physicians of the Schoolhouse of Medicine have redoubled their efforts to provide infrequent patient intendance to all. Our Washington University faculty physicians serve as the medical staff of Barnes-Jewish Hospital and St. Louis Children'southward Infirmary. Located on the Washington University Medical Campus, both are nationally ranked, world-course didactics hospitals with a potent network of in- and outpatient wellness care services. Likewise on the medical campus, the Alvin J. Siteman Cancer Center at Barnes-Jewish Hospital and Washington University School of Medicine is an international leader in cancer inquiry, treatment, prevention and community outreach. Siteman is the simply cancer center in Missouri to hold the National Cancer Institute's Comprehensive Cancer Heart designation. In addition, our kinesthesia care for patients at dozens of additional locations throughout the St. Louis region too. We invest in education and research to amend clinical care and create better outcomes for patients and improve health for the community.
Racial equity
Washington University's world-class faculty are working in partnership with local organizations to accost systemic racism and its toll on our Black communities. Leading efforts include Health Equity Works , which provides local school districts and nonprofits with information-driven resources, tools and solutions to advance health, housing and economical equity; The Race and Opportunity Lab , which focuses on supporting immature blackness males in the region; and The Divided City , an urban humanities initiative devoted to investigating and countering the affect of segregation in St. Louis. In improver, the School of Medicine has programs devoted to studying and addressing persistent disparities in wellness outcomes and handling.
College admission
Washington University is committed to expanding college access for low-income and kickoff-generation students. In 2021 Washington University fabricated a bold $1 billion investment in student success. The initiative, called the Gateway to Success , includes a $800 one thousand thousand in endowed funding to back up need-blind undergraduate admissions — long a top goal for the university. As a demand-bullheaded institution, the university will not consider an applicant's financial situation when making admissions decisions while even so coming together 100% of demonstrated financial need for admitted undergraduates. An additional $200 million will exist designated for fiscal aid for graduate and professional students in the Brown Schoolhouse, the School of Police force and the School of Medicine, as well as in business organization, engineering, art and architecture, and Arts & Sciences.
Meanwhile, Washington University is proud of the continued success of the WashU Pledge , which provides a free undergraduate education to admitted, full-time Missouri and southern Illinois students who are Pell Grant-eligible or who are from families with almanac incomes of $75,000 or less.
Other innovative programs include the Higher Prep Program which invites talented local students to live and learn on campus; the Olin Fleischer Scholars Program for students interested in business and entrepreneurship, and The Young Scientist Program and Saturday Scholars Programme for students interested in Stalk careers
Construction and purchasing
Washington University is a leading purchaser of local goods and a pinnacle consumer of the building trades. The recently completed Transformation of the East End of the Danforth Campus employed hundreds of structure workers. And the work continues at the neuroscience research building at the School of Medicine. Approximately 1-quaternary of construction projects are awarded to women and minority businesses through the academy 's invigorated Supplier Multifariousness Initiative , which besides offers coaching and gratuitous business organisation courses.
Civic engagement
Washington University is committed to strengthening our thriving neighborhoods through investments in public infrastructure, mixed-income housing development and direct support of frontline customs evolution organizations. It also has stepped up to eternalize the local economic system and accelerate racial equity efforts through its back up of the Regional Response Fund, the Gateway Resiliency Fund, the Racial Healing + Justice Fund and Invest STL.
Research and innovation
Washington University researchers have attracted millions in research dollars to conduct groundbreaking studies in COVID-19, climate change, cancer and other urgent challenges. Washington University also is both a founding benefactor and beneficiary of the Cortex Innovation Community , a bioscience and technology hub. The district is host to seven Fortune 500 Companies, has generated 5,800 jobs and spurred $34 meg in tax revenue.
Student service
Washington Academy students are serving local schools, hospitals, public health departments and other nonprofits across the region. In response to the COVID-19 crisis, students launched organizations to deliver food to at-risk customs members, tutor children and provide contact tracing. In improver, the Gephardt Institute for Civic and Community Engagement connects students to St. Louis through numerous initiatives including the Goldman Fellows Plan and customs-engaged courses.
Source: https://governmentrelations.wustl.edu/community-relations/economic-impact-on-the-st-louis-region/
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