EARLY RESULTS ....
VPP is working with twelve nonprofit partners in order to help them reach their goals. Here's a quick breakdown
ASIAN AMERICAN LEAD
After-school and familysupport services for Asian-American youth. Key Accomplishments: Will respond to the region's changing demographics and expand to Maryland, tripling the number of children served by 2010. Capital Committed: $425,000 since November 2002
CHILD AND FAMILY NETWORK CENTERS
Free and fully accredited preschool and family support to communities in Alexandria and Arlington. Key Accomplishments: Nearly doubled the number of children served and essentially doubled the number of hours that children receive preschool education. Opened seven new classrooms in four new sites. Capital Committed: $600,363 since December 2001
SEE FOREVER FOUNDATION
Creates learning communities in lower income areas and helps students, who haven't succeeded in traditional schools, reach their potential. Key Accomplishments: Nearly tripled the number of students served over three years, created a precedentsetting partnership with D.C. Public Schools, and had a graduation rate of 92% in 2005. Capital Committ: $2,443,000 since July 2002
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WASHINGTON
After-school academic enrichment and athletic activities for almost 35,000 children throughout the region. Key Accomplishments: Energized board ensured that over 30,000 children and youth in the region were served without interruption while working though a complex merger, an intense planning process, and a highly successful CEO leadership transition. Capital Committed: $898,962 since March 2004 (Capital committed to date, with multi-year investment still to be completed). |
COLLEGE SUMMIT
Increases the college enrollment rate of low-income students by putting college access"know-how" and support within the reach of every student. Key Accomplishments: Created partnerships with three universities and five high schools and has doubled (to 800) the number of young adults it reaches in the region. Capital Committed: $734,000 since December 2004 (Capital committed to date, with multi-year investment still to be completed).
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MARY'S CENTER FOR MATERNAL AND CHILD CARE
Integrated set of health care, education, and social services to a culturally diverse community. Key Accomplishments: Becoming a Federallyqualified health center resulted in an annualized financial benefit of approximately $1.1 million. Added COO and CFO to senior management team. Capital Committed: $3,386,507 since April 2004
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CENTER FOR MULTICULTURAL HUMAN SERVICES
Mental health, educational, legal and social services in 32 languages to residents of the Washington metropolitan region. Key Accomplishments: Almost tripled the number of children served. Expanded in D.C. through partnership with Covenant House. Trained almost 10,000 people since 2002 to provide more culturally appropriate mental health services to children and families. Capital Committed: $2,984,830 since December 2001
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HEADS UP
After-school and summereducation programs for children in the most under-resourced neighborhoods of Washington, D.C. Key Accomplishments: More than doubled the number of students served daily over four years, expanded its hours of service by 70 percent, and substantially improved its curriculum. Capital Committed: $2,074,000 since July 2001
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FRIENDSHIP PUBLIC CHARTER SCHOOL
Largest public charter school in D.C., operating five campuses with more than 3,500 students. Key Accomplishments: Will grow to serve 5,000 children on seven campuses, including a Career Technical School, and a K-12 International Baccalaureate School that will be one of the most rigorous academic programs in the nation. Capital Committed: $2,900,000 since May 2005
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CENTRONÍA
Childhood/elementary education and family programming in bilingual multicultural communities in D.C. Key Accomplishments: Doubled the number of children served over three years in part through opening a bilingual charter school. Capital Committed: $2,420,000 since November 2002
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LATIN AMERICAN YOUTH CENTER
Serves multicultural youth in D.C. and Maryland with educational, work skills, advocacy, and residential programs. Key Accomplishments: Establishing three new centers in Montgomery and Prince George's Counties (MD) and entered into new partnerships, including major collaboration with Archdiocese of Greater Washington. Capital Committed: $1,824,191 since March 2003
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THE SEED FOUNDATION
Manages The SEED Charter School of Washington D.C. – the first college preparatory urban public boarding school in the nation. Key Accomplishments: Graduated two classes so far; in each, 100% of the graduating students accepted and attending four-year colleges. Plans are in place to open a second school in the National Capital Region. Capital Committed: $387,000 since June 2005**
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THE OTHER FOUNDING INVESTORS OF VPP
Meet Some of the Regional Business Leaders that Have Made Venture Philanthropy a Reality
Peter Barris
Managing General Partner, New Enterprise Associates
David Bradley
Chairman Atlantic Media
Katherine Bradley
President CityBridge Foundation
John Burton
Managing Director, Updata Capital
Chairman and CEO,
Stargazer Group
Jean Case
CEO, The Case Foundation
Steve Case
Chairman and CEO, Revolution
Will and Denise Dunbar
Will is MD of Core Capital Partners
Joshua M. Freeman
President and CEO, Carl M. Freeman Associates
William Gibson
Managing Partner The Albermarle Group
Miles Gilburne
Managing Member, ZG Ventures, LLC.
Richard Hanlon
Former SVP, Investor Relations, AOL Time Warner, Inc.
Richard A. Kay
Pres. Strategic Management Consultants, LLC,
George Kettle
CEO George F. Kettle Enterprises, LLC
Jeong H. Kim
President, Bell Laboratories
Len Leader
Former President, AOL Time Warner Venture Group
Ted Leonsis
Vice Chairman, America Online, Inc.
Art Marks
General Partner, Valhalla Partners
Bill Melton
CEO, Melton Investments
Patricia Smith Melton
Founder and Exec Dir, PEACE X PEACE
Ken J. Novack
Retired Vice Chairman, Time Warner
Russ and Norma C. Ramsey
Ramsey Asset Management and the Ramsey Foundation
Doug Smith, Founder/CEO of Omnipoint (now T-Mobile)
Gabriela Smith
Joint Founder, The Amanter Fund
Nina Zolt
Founder and Chair, In2Books,
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