Building College Possible Minnesota’s reach in the Twin Cities

College Possible Minnesota is helping low-income students get through college with a model that works.

The organization is a growing Twin Cities nonprofit that works to break the cycle of poverty and empower the next generation of leaders by giving students the tools to get to, and succeed in, college.

And succeed they do. A 2011 Harvard University study found that College Possible students, when compared to their peers, are twice as likely to attend a four-year institution and twice as likely to graduate, making their students four times as likely to earn a degree.

The College Possible team works to inspire, educate and elevate underserved students by closing the degree divide through investment in education. Bank of America also believes that education can strengthen communities and lead to better financial lives. That’s why they recognized College Possible’s great work in the Twin Cities community by naming them a 2016 Neighborhood Builder.

Through our Neighborhood Builders program, we connect outstanding nonprofits like College Possible to the funding and leadership development resources they need to scale up their impact.

Katie Simpson
Bank of America Minneapolis/St. Paul market president

Through Neighborhood Builders, the bank provides nonprofits with a combination of leadership development, flexible funding and a network of peer organizations across the U.S. in order to expand their impact.

“We recognize the critical role that nonprofits and their leaders play to build pathways to economic progress in the Twin Cities,” said Katie Simpson, Minneapolis/St. Paul market president, Bank of America. “Through our Neighborhood Builders program, we connect outstanding nonprofits like College Possible to the funding and leadership development resources they need to scale up their impact.”

In addition to helping grow their core program, Neighborhood Builders funding is supporting the implementation of a pilot tech-connected program to reach more high school students in the Twin Cities and statewide, with greater efficiency.

“The grant funding awarded through the Neighborhood Builders program allows our organization the flexibility to fund our greatest needs and most critical opportunities for program growth,” said Sara Dziuk, executive director for College Possible. “We are grateful for Bank of America’s partnership and generous investment in our team, our students and this important work.”

“I have felt incredibly supported in my development through the Emerging Leader training,” said Geoff Wilson, deputy director and the Emerging Leader for College Possible. “It has created opportunities for me to hone my skills, expand my network and really begin to take my work to the next level.”

Bank of America has invested more than $800,000 in the Twin Cities since 2013 through Neighborhood Builders grants. Previous recipients include City of Lakes Community Land Trust, EMERGE and Second Harvest Heartland. Nationally, the program has been recognized as the nation’s largest philanthropic investment in nonprofit leadership development.

8/1/2017

 

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