Wealth Builders Exploration Summer Camp Report

2023

SUMMER EXPERIENCE REPORT

This impact report provides an overview of the camp's achievements and the positive effects it has had on its participants.

Summer Impact Report

The Wealth Builders Exploration Summer Camp (WBESC) has made a significant impact on its participants by providing them with essential financial literacy, community development, entrepreneurial skills, and also fostering environmental stewardship It has empowered minority youth, changed mindsets, and equipped them with the tools needed to make informed decisions and pursue financial independence. This camp's success highlights the importance of continued investment in financial education programs for young individuals from underserved communities.

We would like to express our gratitude to our dedicated staff, sponsors, and supporters who made this camp possible. Your commitment to empowering the next generation is invaluable.

Impact Highlights:

Financial Literacy Skills:

Campers gained a solid understanding of financial concepts, including budgeting, saving, investing, and managing debt

Financial literacy assessments administered at the beginning and end of the camp demonstrated significant improvements in participants' financial knowledge.

Entrepreneurial Spirit:

The camp's hands-on entrepreneurial activities allowed campers to develop and run their small businesses or projects

Many campers expressed a newfound interest in entrepreneurship and the confidence to pursue their business ideas

Wealth Mindset:

Campers left with a shifted mindset toward wealth-building, viewing financial independence as an attainable goal

They began making more informed financial decisions, both in camp activities and their personal lives

Participants acquired lifelong skills that extend beyond finances, including problem-solving, teamwork, and effective communication

These skills will serve them well in various aspects of their lives.

Recycling Education:

Campers received education on the importance of recycling and were actively involved in collecting and sorting recyclable materials

Recycling bins were placed throughout the camp, resulting in a noticeable reduction in waste sent to landfills

Composting Program:

A composting program was introduced, teaching campers how to compost food scraps and organic waste

The camp's organic waste was effectively diverted from landfills and used to enrich the camp's garden soil

Gardening and Sustainability:

Campers actively participated in gardening activities, learning about plant care, sustainable farming practices, and the benefits of homegrown produce

The camp's garden yielded fresh produce, enhancing the campers' understanding of food sources and sustainability.

Environmental Awareness:

Campers became more environmentally conscious, and many implemented recycling and composting practices in their homes

The camp fostered a sense of responsibility toward the environment, with campers showing enthusiasm for protecting nature

Success Stories:

One camper initiated a small business during the camp, which continued to generate income even after the camp's conclusion

Several participants shared their camp experiences with family members, resulting in increased financial literacy within their households

A camper was inspired to save for their future education and started a savings plan with their parents

Oneparentsharedthattheirstudentwaspracticingcookingathome.

Days of Camp

Students Enrolled 27 18

Applicant Information and Student Demographics

In total, there were 53 applicants for the summer camp, with a distribution of students across different grades, including 3 applicants from the 2nd grade, 6 from the 3rd grade, 7 from the 4th grade, 6 from the 5th grade, 8 from the 6th grade, 7 from the 7th grade, 5 from the 8th grade, and 4 from the 9th grade. Out of the applicants, 27 students were accepted to attend the camp, but only 18 of them actually enrolled Among the enrolled participants, there were 10 males and 8 females.

55% 45% 74% 1% 15% 10%

The summer camp application data reveals the income distribution of participating families: 28 families reported an annual income between $0 and $30,000, 18 families fell within the income range of $31,000 to $60,000, while only 3 families reported an income between $61,000 and $90,000 There was a single family with an income between $91,000 and $120,000. Additionally, 3 families chose not to disclose their income preference Families indicated that the primary lanaguages spoken at home were English and Spanish. The WBESC served a variety of students from various ethnic backgrounds, please see the data below to illustrate.

African American/Black Caucasian/White Hispanic/Latino Multiracial 2023 Summer Experience Report

WBESC At a Glance

Summer Camp Experience

WBESC At a Glance

Summer Camp Experience

WBESC At a Glance

Summer Camp Experience

Post Camp Report

The summer camp was a massive success! To allow students to practice their entrepreneurial skills our Wealth Builders participated in the 2nd Annual Finding Purpose in Entrepreneurship: Youth Business Fair 2023 hosted by Purpose Learning Lab. With an impressive 83% attendance rate (10 out of 12 campers), all businesses achieving multiple sales, three small businesses completely selling out (Slime World Business, Kings Drinks, Glow Candles), and one business winning an award for the youngest entrepreneur There were a total of 10 young entrepreneurs participating, and five campers planning to continue their small business brands after this experience. Overall our youth had a total gross revenue of $342 from the Pop Up Shop.

$450 Total Summer Investment Fund

Investing in Our Wealth Builders

Our summer camp was free of charge, however we did require a small commitment fee payment as a "Summer Investment Fund." We received an influx of registrations, because of this we want to make sure your child/family is committed to the entire program This small fee will be transferred into either a custodial retirement account, custodial banking account, or custodial investment account for the student with set-up assistance provided by WSJ

Thank You SEEDS

The Wealth Builder Exploration Summer Camp was designed to foster a generational wealth building mindset for our youth students aged 8-13. This camp aimed to provide young participants with valuable financial and entrepreneurial skills, enabling them to build a foundation for future financial success, understand the importance of community engagement and civic participation, and caring for our planet & one another. I think it's safe to say we did just that! Through a combination of education and hands-on activities, the camp encouraged students to explore wealth-building strategies and develop a strong financial and community mindset, equipping them with essential life skills for a prosperous future. We couldn't have done any of this without the help of SEEDS. The families we served this summer will forever remember the summer of 2023 at 706 Gilbert Street. As a former seedling, it was truly a life changing experience for me to have the p rivilege to collaborate with an organization that means so much to me. The experience we offered families this summer will forever go down in WSJ history. Thank you for investing i h i ld ith W h t ti thi j with you all with contin thank you,