A "significant contribution" from an anonymous local donor will allow the Carolina Youth Development Center's Big Brothers Big Sisters program to stay open.
The donation addresses a budget shortfall that prompted CYDC's board of directors to announce the closure of the mentoring program, according to a release from the center.
The center had announced on July 16 plans to end the program, calling the decision unavoidable after a major donor had reduced contributions by 75 percent.
"The CYDC board has graciously accepted this generous financial investment in the future of children in the Lowcountry," CEO of CYDC, Barbara Kelley-Duncan said in a statement.
The donation will allow all staff to keep their jobs and the program be able to continue offering its services to all of its 114 existing matches as well as accepting new ones.
"While this generous offer allows us to continue the program for the immediate future, we need the support of the community as we develop a long-term funding plan to ensure the long-term sustainability of this valuable community program," CYDC Board of Directors Chair David Santos said in a statement.
BBBS, which matches at-risk children with volunteer mentors, has been active in the Lowcountry since 1981.
Prior to Thursday's announcement, it was slated to shut down on Aug. 7.