Speaking at Libby Elementary in the Back of the Yards neighborhood, Daley introduced "One Good Deed Chicago," a two-year campaign encouraging residents to volunteer their time and help non-profits organize and expand.
Daley said one of the main goals will be encouraging people to work with at-risk children.
"By focusing our initiatives on the city's young people and those who need our help the most, we're helping to secure a stronger Chicago for future generations," he said.
The program will also provide increased access to programs dealing with job readiness and financial empowerment for Chicagoans hardest hit by the recession.
The new program will be backed by a $200,000 grand from the Rockefeller Foundation.