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"It takes Hope" - Hope Chicago's 2024 Impact Report

Page 1


Friends,

Three years ago, Hope Chicago embarked on a bold mission to dismantle systemic barriers to economic prosperity for Chicago families. Our innovative approach? Providing access to debt-free degrees or professional certifications for two generations within each family at five high schools across the South and West Sides. Alongside our partners, investors, and friends, we have all become trailblazers—delivering tangible results that are not only reshaping the lives of Hope Chicago families, but also paving the way for lasting change for even more families across Chicago and Illinois.

Our progress is measured by significant milestones: postsecondary enrollment, persistence, and ultimately, completion of degrees or certificates. The impact and potential of our work has been evident from the start—first with one, then two, and now three consecutive years of dramatic increases in postsecondary enrollment. We’ve seen the remarkable influence of Hope Parent Scholars, inspired by their children, stepping forward to pursue long-deferred dreams. More than 130 parents enrolled in the first year, and that number continues to grow. Through the early phases of this endeavor, we’ve remained adaptable, leveraging data with our partners to continuously refine and enhance our program.

This year, our first Scholars reached a new landmark in their journey – two-year persistence. In this report, we’re excited to share the results. More than just a marker of time, persistence reflects our shared commitment to ensuring students not only start but finish, unlocking opportunities that elevate themselves, their families, and their communities.

We firmly believe that the people of Chicago, from neighborhoods like Pilsen, Garfield Park, Little Village, Englewood, and Morgan Park, hold the key to our city’s future. Together, we are building a legacy of success, resilience, and prosperity, and we look forward to continuing that journey with you.

With Hope,

Table of Contents

Pages 12 - 13

Impact Across Chicagoland, Illinois

Pages 14 - 15

More Students Remain Enrolled

Pages 16 - 17

Key Partnerships and Actions

Page 18

Hope Chicago’s Co-Chairs

Pages 4 - 5

Building a Prosperous Future

Page 19

Founding Partners

Pages 6 - 7

Removing Barriers, Supporting Success

Pages 8 - 9 Sustained Increases and Gains

Pages 10 - 11

Parents Taking Action

Pages 20 - 21

Pages

Building a Prosperous Future

Education after high school is required to build wealth and compete in today’s economy, and it is only becoming more important to attaining stable employment and sustainable earning. A prosperous future for Illinois demands increased access to the postsecondary education, training, and credentials required to create a stable and healthy life today and in the future.

Sources: Georgetown University, Center on Education and The Workforce; Lumina Foundation; To&Through Project

4

Two Generations at a Time

In 2022, Hope Chicago partnered with five Chicago community high schools on the city’s South and West Sides—offering each enrolled student and one parent the opportunity to pursue a debt-free postsecondary education simultaneously.

Hope Scholar: Recent high school graduate pursuing a postsecondary education with Hope Chicago’s suite of innovative supports.
Hope Parent Scholar: Parent/Guardian of Hope Scholar also pursuing supported postsecondary or workforce opportunities with Hope Chicago’s support.

Removing Barriers, Supporting Success

Enrollment

Hope Chicago partners with a diverse portfolio of academic and career-focused programs that appeal to, welcome, and support recent high school graduates and their parents.

Access

For students and parents alike, Hope Chicago opens up educational and career opportunities that are often too costly for low-income, first-generation families.

Completion

Hope Chicago employs a family-centered approach to supporting Scholars and Parent Scholars, from the decision to enroll through the completion of a certificate or degree.

“I Flipped a Switch”

Entering his final semester at Benito Juárez Community Academy, Ernesto’s cumulative high school grade point average (GPA) hovered around 2.7—a GPA that historically does not see many scholarship dollars offered. “Honestly, I didn’t apply myself in high school, and I was not going to college.”

After Hope Chicago made their announcement in February of 2022, offering Ernesto and a parent the opportunity to pursue a debt-free postsecondary education, everything changed. “To be honest, I just flipped a switch. School became my main focus. I realized that when you don’t apply yourself, you’re just cheating yourself. Getting a degree was now about securing my future. I decided to dorm with other Hope Scholars from Juárez motivated to succeed, and I also took time off of work for my finals.”

Shortly after Hope Chicago’s announcement, Ernesto’s mother, Veronica, also became a Hope Parent Scholar, first obtaining her GED and then enrolling at Richard Daley College, where she is pursuing a degree in psychology. “When I think about my school performance clearing the way for her scholarship, it’s easy to stay focused and succeed,” shares Ernesto.

Ernesto, an accounting major, is now entering his junior year at the University of Illinois Chicago.

His credit attainment to date ranks him as one of the most accomplished Hope Scholars in his cohort.

Early Result:

Sustained Increases in Postsecondary Enrollment

When the financial barriers to postsecondary education are removed, students see futures they had not imagined. As a result, enrollment in college or career programs from Hope Chicago’s partner high schools moved from below to above the Chicago Public Schools (CPS) average.

Enrollment Gains are Clear Across

Demographic and Academic Groups

Enrollment Rates for Black Students

Enrollment Rates per Cumulative High School GPA

Enrollment Rates for Latino Students

Pre-Hope Chicago data sourced from To&Through Project.

Early Result:

Inspired by their Scholars, Parents Are Taking Action

enrolled in an academic or workforce pathway in our first year.

Action at Every Education Level:

Hope Chicago’s investments have helped parents reengage in their educations and career readiness, even those who have limited English proficiency or did not previously graduate high school. Through our partners at Instituto del Progreso Latino and City Colleges of Chicago, many parents have started their participation with Hope Chicago in GED or ESL classes.

A Winning Team

Erica Ivy (above left), a proud Hope Parent Scholar, texts her five children every morning to send them her love and encourage them to be their best for themselves and each other. A few hours south, three of those children are living out her wishes together in Charleston, Illinois.

Prodigy Redmon (above right) and his younger sister, Regina (above middle), both attend Eastern Illinois University (EIU) as Hope Scholars. Their older brother, who attended EIU years before, now works at the local hospital in Charleston, down the road from their resident halls. Far away from home, they’ve made a winning team for their collective futures.

“When my older brother decided to live and work down here the summer after I graduated from high school, it had a big impact on my decision to come to EIU. I knew I had someone down here with me. Since getting down here, I’ve found my place at Eastern,” says Prodigy. “As soon as my sister started considering her college options a year later, I told her, ‘Come to EIU.

We got a team down here. We’re family. We’re going to go to school together, and we’re going to finish.’”

Erica could not be more proud of her children working together to support one another’s goals. Her children could not be more proud of their mother, who overcame a battle with cancer a few years ago, recently earned her GED, and is now studying Business Economics at Harold Washington College.

“I was electrified when I got the news [about his mom]. It’s so motivating,” says Prodigy. “She’s looking at a career in Human Resources with her degree. She’s such a strong person.”

“Our whole family is chasing our goals together. It’s amazing to see us living them all out in such a short time.”

Impact Across Chicagoland and Throughout Illinois

- Javier Cervantes Illinois State Senator, District 1
- Kam Buckner Illinois State Representative, District 26

Additional Programmatic Partners

Enrollment Breakdown:

Serving Hope Scholars and Hope Parent Scholars:

City Colleges of Chicago

Northeastern University

Loyola University

National Louis University

Early Result:

Two Years After High School, More Students Remain Enrolled

Pre-Hope Chicago data sourced from To&Through Project.

Early Result:

Parent Scholars Have Staying Power

of Hope Parent Scholars remain enrolled in their program pathway for a second year.

Getting Over the Finish Line.

Some Hope Parent Scholars started their postsecondary journey long ago, and Hope Chicago has provided them with a second chance to finish. Within its first year, the Parent Scholar Program saw nine parents already get over the finish line with a certification or workforce program.

Key Partnerships and Actions

The transition from high school to college is a big learning curve for every student, but especially for first-generation and low-income students. Nationally, up to 40%* of high school graduates who plan to attend college do not actually show up. To address this, Hope Chicago provides trusted advisors to students alongside high school teams to guide them through the transition.

An even more exciting practice occurs at Southern Illinois University Carbondale (SIUC),

SIUC’s Summer Bridge Pilot

Adapted Summer Bridge Program at Southern Illinois University Carbondale Reimagines Postsecondary Transition for First-Generation Students

Hope Chicago’s partner institution farthest from the city. To support the transition to campus, the SUIC team offered all 1st year Hope Scholars the chance to participate in a 4-week Summer Bridge program. Participants built community with other first-year students, allowed them to move down to Carbondale weeks ahead of traditional undergraduate move-in, and also allowed them to obtain up to 8 college credits ahead of the start of the school year.

Redbird Scholars Fly Back

Illinois State University’s Campus Contact Team Demonstrates the Power of Scholar Connections Away from Home

Hope Chicago Campus Contacts are employees of every Hope Chicago partner institution tasked with ensuring Scholars’ success. At Illinois State University, Deanna Stewart (pictured) and her team have proved critical in marshaling university resources for Scholars, creating connectedness among cohorts, and influencing Scholars to return to campus for a second year.

Community-Based Partner Empowers Parents to Take the Leap

Instituto del Progreso Latino is Hope Chicago’s partner community-based organization, serving Hope Chicago parents and Hope Parent Scholars with a wide range of wraparound supports, postsecondary and workforce advising, and resources for parents to make informed decisions. Instituto’s team provides parents with a trusted advisor who is culturally equipped to set them up for success, regardless of their educational background.

“This first wave of Juárez parents who have made the ultimate decision to pursue their dreams are starting to meaningfully shift mindsets for those families following them.”

Key Action:

Shortly after launching the Parent Scholar Program, it became clear that Pathway Prep (obtaining a GED or English Proficiency) was a real need amongst many prospective Hope Parent Scholars. In partnership with Instituto del Progreso Latino and City Colleges of Chicago, Hope Chicago has now incorporated this option into its portfolio along with workforce and postsecondary options.

Innovation. Results. Systemic Change.

“Chicago’s future as a leading global city will be realized when every family from every neighborhood has the opportunity to reach their fullest potential. That’s what Hope Chicago is doing, and in just three short years, we’re already seeing meaningful results. The first wave of skilled, educated and motivated talent is starting to emerge from our state universities, ready to shape Chicago’s future. Together, we’re building a workforce that will transform our families, communities, and industries for generations to come.”

Thank You to our Founding Partners

We gratefully acknowledge the early leadership investments from Chicago’s civic, business, and philanthropic leaders.

“We’ve invested in Hope Chicago because of its bold leadership and innovative approach to serving students and families across the academic spectrum, and because of its dedication to collecting data that will help steer education policy far beyond Chicago.”

$100,000 up to $1,000,000

Bears Care

1 Million+

ALDI

Anonymous

Blue Cross and Blue Shield of Illinois

BMO

Crankstart Foundation

Brian & Coleen Gelber

Kadens Family Foundation

Koenig Family Foundation

Stephanie Morimoto

& Matt King

Monique & Melvin Rodriguez

Monroe Capital, LLC

Cari & Michael J. Sacks

Tullman Family Office

Walgreens Assistance (WAI)

Winston & Strawn

Wintrust Financial Corporation

Charles C. Cahn, Jr.

The Chicago Community Trust

Liz Smith & Anthony Chimino

CME Group Foundation

Kent & Liz Dauten,

Keystone Capital

Megan & Max DeZara

Alma & Louis Dodd

Allan and Denise Edelson

Family Foundation

Finnegan Family Foundation

V. Gastevich Investments

Caroline Grossinger

Kearney

Marsh McLennan

Agency (MMA)

McDonald’s Corporation

Northwestern Medicine

Polsky Foundation

Pure Edge, Inc.

Vivo Foundation

$10,000 up to $100,000

Anonymous Assurance Caring

Together Foundation

Bonnie & John Atkinson

Bank of America

Claude C. Boles and Marilyn Boles Estate

Kathy Bolhousa

Bolhous Foundation

Elliana & Craig Bondy

Arden & David Brenner

Robert C. and Deborah K.

Bridges Foundation

Sarah & Marc Bushala

Janel Anderberg Callon

Capital One

Cass Family Charitable Fund

CIBC Bank USA

Coca-Cola

Cubs Charities

Geoff & Emily Curtis

Deloitte

Discover Financial Services

DLA Piper

Eleven Eleven Foundation

Emerson Electric

The Eucalyptus Foundation

Festival of Children Foundation

FGMK, LLC

FTI and Julie & Carlin

Adrianopoli

Sonal & Ravin Gandhi

Google

Austan & Robin Goolsbee and The Lumina Foundation

Graycor

JH Philanthropy/Julie & Patrick Hoffmann

Horizon Therapeutics

The Bill Hornell

Memorial Fund

Jerath Family Foundation

The Johnson Family

The Joyce Foundation

JPMorgan Chase

Sunshine & Scott Kapp

Katten Muchin

Rosenman, LLP

Kirkland & Ellis

Courtney & Ari Klein

Levenfeld Pearlstein

Lyon Family Foundation

McKinsey & Company

Mielle Organics

Loop Capital

Robert Nathan

Philanthropic Fund

Northern Trust

Bradley & Kinga Parker

PayPal

PEAK6

Peoples Gas

Teresa Poggenpohl and Stephen Steiner

Christina & Arun Prasad

Protiviti

PwC

Eric A. Reeves

Holly & Jonathan Reinsdorf

Laurette Rondenet

Ilana Seder Rosen & Ben Roach

Michael Rothman

Pamela Roussos & Lee ‘Rosy’ Rosenberg

Jerrold Ruskin Foundation

Sachs Family Foundation

Karen & Jon Skinner

Robin Steans & Leonard Gail

Stryker

Timber Hill Group, LLC

Verizon

The Whole City is Behind Our Scholars

$1,000 up to $10,000

Abbvie

Accenture

Ruth & Charles Adler

Diane & Thomas Allison

Leslie Anderson-Rutland & Dr. Louis Rutland

Anonymous

Leslie & Greg Apter

Susan & Steve Baird

Bonnie & Michael Balkin

Dr. Cynthia Barron

& Leo Barron

Deanna Becker

Jennifer Bell & Jeffrey Brown

L Harrison Bernbaum

Oliver Bevan

Peter Birnbaum

John Bistolfo

Leslie Bluhm & David Helfand

Cecil Booth

Alton Bradley

M Diane Brown

Veronica & TJ Brown

Deborah & Matthew Brown

Kristi & David Brown

Eileen & Jamie Buckley

Buckman Fun Filled

Family Foundation

Candex Solutions

CBRE

Chapman and Cutler, LLP

Lauren & David Chazen

Chicago Urban League

Joseph Chookaszian

Ellen-Blair Chube

Trelinda Clark

Susan Cobin

Austin Collins

Michelle L. Collins

Chanel Coney

Robert Connolly

Dr. Sharon Contreras

Hank Couture

Lynne Crabtree

Keating Crown

Cynthia Culpepper

Cushman & Wakefield

Sim Dawson

Dell Technologies

Alexander Dennis

Douglas Dirks

Roy and Patricia

Disney Family Foundation

Kelly & Damian Dolyniuk

Jeremy Dubow, NDH, LLP

Erin Duffy & Brian Rosen

David Duncan

Dr. Julia Eckersley

Andrea & Marco Ellis

Farpoint Development

Matthew Flesch

Patricia Ford

Frechette Family Foundation

Didi & Doron Friedman

Friedman Family

Alyse & Mike Gamson

Robert Garber

GEM Realty Capital

The Glickenhaus Foundation

Holly & David Goldberg

Gail & Daniel Golden

Goldman Sachs Group

Cornelius Griggs

Guidepost Advisory

Cameron & Paris Hardamon

Robert Harris

Michelle & Bruce Hawver

The Healey Family

Chris Healy

Adolfo Hernandez

Dwight Hilson

Mary Hines

Susan Hojnacki-Lowe

Illinois Tool Works (ITW)

Dr. Janice K. Jackson &

Torrence Price

Katherine Jacob

Jackie Jacobson

Barbara Jenkins

Chardai & Rashod Johnson

Chancellor Robert Jones

Constance Jones

Emily Kadens & Bruce Markell

Judith & Michael Kadens

Joseph Karczewski

Nambi E. Kelley

Marcy & David Kirshenbaum

Julie & Daniel Klaff

Greg Klamrzynski

Tim Kneedy

Mary & Robert Korajczyk

Kovler Family Foundation

David Kucera

Mary Jane & Jeff Kupsky

Cassandra Lems

Brian Ligon

Marc & Jeanne Malnati

Family Foundation

Christa & Brad Martens

James Martin

Aracely Martinez

Erika Maschmeyer

Paul McDonough

Dorri & James McWhorter

Bela Mehta & Adhir Shroff

Jerry Mickelson

Russel Miron

Mary Moffit

Dana & Max Morimoto

MPOWER

Daniel Munro

Kristofer Nagy

National Louis University

Kerbie & Brandon Neal

The Neighborhood Hotel

Michael Nemeroff

David Newport

Kimberly & Scribner

Ochsenschlager

Michael Olentine

Linda Olson

Thomas Parker

Lindsey Peckinpaugh

Abby & Mason Phelps

Martha & Denis Pierce

Julian Posada

Price-Bronson Family

Prime Group, Inc

Pritzker Traubert Foundation

Caryn & Mark Putterman

Abby Reimer

Robert Half

Nancy & Michael Reschke

Daniel Resnick

Richman Family Fund

Ramie & Josh Robbins

Betsy & Randy Rochman

The Roderick Group Foundation, Inc.

Aaronita Rogers

Randee & Rob Romanoff

John Rompon

Joel Rosenbacher

Carolyn & Bennett Rosenthal

Aleja Ross

Savills

Jarrett James, RSM US

Karen Scalise & John Grisolano

Kiara Schuh & Jason Crick

Jill & Brad Seibert

Lauren & Dominic Sergi

Patricia & Gregory Servatius

Dipak Shah

The Sharkey Family Fund at the Chicago Community Foundation

Jessica & Ruben Sigala

Susan & Ty Silberhorn

Jody & Ross Silverman

Maurice Smith

Jessica Snow-Wasserman

Song Farley Family

Fernando Soto

Heidi & William Spizman

Straus Family Foundation

Target

Tempus

Marci Dodds & Cody Sokolski

David Trandel

Jill & Jay Twery

Two Fish Crab Shack

John Vaile

Katrina Veerhusen & Hugh McCombs

Susan Wagner

Watson on Taxes

Lisa Wheeler

Melissa Widen

Jill & David Willcox

Lakesha Wilson Hill

Judy Wise

Elizabeth Wohlleb

Diane Zendejas

“As a proud product of the Chicago Public School system, I know the importance of accessible education and the opportunities that simply getting a chance creates. It’s deeply fulfilling to see the multigenerational impact Hope Chicago has already made and continues to make in simply removing unnecessary barriers for the future of our city through education.”

Leadership

Board of Directors

The Kadens Family Foundation

Monroe Capital, LLC

Mielle Organics

Noble Network of Charter Schools

BMO Financial Group

Stryker

Akoya Capital

Crankstart Foundation

Walgreens Boots Alliance

McDonald’s Corporation

Pritzker Community Health Initiative

JH Philanthropy

Citrine Investment Group

Pacific Gate Capital

HOPE Toledo

University of Illinois Urbana-Champaign

DLA Piper

UIC Urban Education Leadership Program

YMCA Greater Chicago

Asutra

LiftUp Enterprises

Prospect Park, LLC

FroogalPay

Rosenberg Advisory

PSP Partners

Winston & Strawn

Miss Landa Cakes (Parent Representative)

Executive Leadership Advisory Board

The Kadens Family Foundation

Monroe Capital, LLC

BMO Financial Group

Emerson Collective

Edelman

Sterling Bay

Loop Capital

CIBC Bancorp USA, The Chicago Club, & Northwestern Board of Trustees

Incapital, LLC, InspereX, & The Chicago Cubs

Mielle Organics

BMO Commercial Bank

Wintrust

Young Professionals Board

Victor J. Aberdeen, Wilson Elser

Seth Anderson, Kearney

Nora Becerra, K&L Gates LLP

Deanna Becker, JLL

Grace Bondy, Verano Holdings

Nivia Boykin, Northwestern Medicine

Raven Bryant, Glassdoor

Abir Chippa, Capital One

Joe Chookaszian, MEMX LLC

Tony Coglianese, CBRE

Elise Cowan, OKRP

Steven Cunix, Kearney

Cynthia DeLira, Relativity

Alexander Gastevich, V. Gastevich Investments, LLC

Nicole Grabianowski, Mayer Brown LLP

Michael Hanfland, Apogem Capital

Kelly Hoppesch, Kelly Hoppesch LLC

Alexandra Ivory, Accenture

Emily Jacob, Consultant

Jarrett James, RSM US LLP

Chardai Johnson, BMO Commercial Bank

Michael Koehne Jr, Katalyst Capital

Jordyn Kuhn, RSM US LLP

Ty’Nya Larry, Emerson

Lyric Copeland Lasley, Chicago Tech Academy

Bridget Lee, Academy for Local Leadership

Taylor Danielle Lewis, PayPal

Aracely Martinez, Deloitte

Matthew Muckerheide, Guidwepost Advisory

Elise O’Connor Goodman, Transwestern

Sharee Onyezia, Chicago Public Schools

Drew Osika, Wintrust

Bianca Paiz, The Cristo Rey Network

Shawn Park, Chicago Ventures

Yolanda Ponce, Consultant

Aleja Ross, EY

Jason Schultz, ALDI US

Regina Scruggs, Abbott

Nihar Shah, RME (Rubinos & Mesia Engineers, Inc.)

Danny Shapiro, Scofflaw Group

Megan Sheiker, GEM Realty Capital

Jessica Snow-Wasserman, Capital One

Jenny Song, Navitas Capital

Julia Murtagh Stengle, Accenture

Maggie Sugrue, Blue Cross and Blue Shield of Illinois

Douglas Taylor, Transcarent

Catie Tootle, Affinitiv

Jordan Troy, Tempus

Zach Winder, InUrban Strategies

Financials

Revenue Sources Since 2021

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"It takes Hope" - Hope Chicago's 2024 Impact Report by hopechicago - Issuu