Innovate
Annual Report
The troubling national higher education data of the past few years remains virtually — and unfortunately — unchanged. Fewer high school graduates are entering college. Graduation rates for students of color lag behind. And millions of learners are leaving college with debt but no degree.
These stubborn challenges underscore the purpose and mission of College Possible: to provide a vital service absent from much of the nation’s high schools. In an inequitable system amid an unstable world, College Possible offers students a safety net and the stability they need to enter college and complete their degrees.
Indeed, “stability” has been our watchword over the past year. I’m now in my second year of service to College Possible and am looking forward to building on our successes from my first year. Our desire for increased stability reinforced our recent decision to transition to full-time coaches. In my visits to our eight national sites, the students we serve told me it’s difficult to build a relationship with a new coach every year. In addition, moving to full-time success coaches offers continuity, expertise, dedicated support and greater long-term impact. We are also actively working with generative and predictive artificial intelligence to power up our coaches and students. Four themes stood out in the last fiscal year that epitomize how we have evolved the ways in which we support and serve students as the postsecondary landscape, and student populations, continue to shift:
-
INNOVATE: Embracing generative AI helped us innovate the way we work with coaches, and how they serve students
-
PARTNER: We continued and strengthened our existing partner and funder relationships to increase our reach
-
EVOLVE: Transitioning our coaches to be full-time employees (FTE) increased our capacity and ability to successfully serve students
-
INSPIRE: More than ever, we motivate students to persevere and succeed through mentorship and positive reinforcement
In fiscal year 2023, College Possible supported more than 25,000 students nationwide. Fueled by our 23 years of expertise and the student-focused innovations we are now incubating at our eight regional sites, we are scaling up efforts to empower greater engagement and success for even more students in the years to come.
Thank you for standing with us as we approach a quarter century of making college a reality for young people from underserved backgrounds. Your support remains vital to our work and the college dreams of students across the nation.
Sincerely,
Dr. Siva Kumari
Chief Executive Officer
Recent research by NCAN
shows that FAFSA form completions were down nearly 40 percent through the beginning of April, and only around 28 percent of seniors have completed the application. The drop has been particularly significant for schools with higher percentages of low-income students and students of color. The lower rate of FAFSA completions and submissions will likely result in a commensurate decrease in enrollment in colleges and universities in the fall.
National College Attainment Network (NCAN)
Impacting the student experience through innovation
College Possible stands as a beacon of hope and opportunity for students from low-income backgrounds, striving tirelessly to make the dream of higher education a reality. Rooted in a vision where a student’s future is determined by their talent, motivation and effort, our mission is clear: to make college admission and success possible through an intensive curriculum of coaching and support.
At College Possible, our core values of Student Success, Inclusive Culture, Teamwork, Impact, and Growth & Innovation drive every aspect of our work. As we reflect on our journey, we are proud to showcase our commitment to two strategic themes: Impact and Innovation.
IMPACT: Transforming lives nationwide
College Possible’s impact reverberates across the nation, touching the lives of thousands of students and communities. Since our inception, we have empowered over 93,235 students on their path to earning a college degree. In the fiscal year 2023 alone, we reached over 25,000 students nationwide, a testament to our unwavering dedication to equity and inclusion.
Our reach extends far and wide, with regional sites from coast to coast. Each site embodies our commitment to diversity, serving students from underrepresented communities and providing them with the resources they need to succeed.
Across the nation, from Texas to Oregon, Illinois to Pennsylvania, College Possible’s presence is felt, offering a lifeline to students striving to overcome barriers and achieve their dreams. Our impact goes beyond mere numbers; it is measured in the stories of resilience, determination, and triumph that unfold every day in classrooms and communities across the country.
INNOVATION: Pioneering change in college coaching
In our pursuit of excellence, College Possible continues to innovate, pushing the boundaries of traditional college coaching models. A pivotal shift in our approach lies in the transition to full-time employees (FTEs) for college success coaching, marking a significant step forward in our quest to better serve our students.
Although AmeriCorps remains the model for our flagship programming to high school students, the transition to FTEs for college success coaching addresses the breadth and depth of challenges facing college students. By employing FTEs, we provide 365 days of dedicated support to ensure stability for students and retention of institutional knowledge and expertise of coaches. Our pioneering efforts in program innovation have yielded promising results in Chicago, demonstrating the effectiveness of FTE coaching in enhancing student engagement and outcomes.
As we navigate the ever-evolving landscape of higher education, College Possible remains at the forefront of innovation, leveraging technology, data-driven insights, and best practices to drive meaningful change. From virtual coaching programs to strategic partnerships with colleges and universities, we are committed to exploring new avenues for growth and impact.
As we embark on the next chapter of our journey, College Possible remains steadfast in its commitment to empowering student success through impact and innovation. Guided by our core values and driven by our passion for change, we stand ready to overcome challenges, embrace opportunities and transform the lives of countless students across the nation.
Together, we will continue to push the boundaries of possibility, championing equity, inclusion and excellence in pursuit of a brighter future for all. Through our collective efforts, we will not only shape individual destinies but also build stronger, more vibrant communities where every student has the opportunity to thrive.
Our impact
NATIONAL REACH
At the close of fiscal year 2023 (June 30, 2023), College Possible’s national reach included:
8
Regional sites
National Headquarters: St. Paul, MN
-
Chicago
-
Minnesota
-
Omaha
-
Oregon
-
Philadelphia
-
Texas
-
Washington
-
Wisconsin
93,235
Students served since 2000
1
24,309
Students served annually
1
66%
Students of color served
2
129
High school partners
1
51
College partners
1
850
Total colleges attended
3
NATIONAL STUDENT OUTCOMES
At the close of fiscal year 2023 (June 30, 2023), College Possible students achieved the following college access and success results:
3,771
High school students served
1
86%
Enrolled in college immediately after high school
3
20,538
College students served
1
84%
Among enrolled students, number who persisted from first-to-second year in college
4
2,009
Total degrees earned in fiscal year 2023
5
1
2
3
4
5
Nationally, fiscal year 2023.
Of the students served fiscal year 2023 who reported race/ethnicity; this represents those who identified as Black/African/African-American, Hispanic/Latinx, Asian/Pacific Islander, American Indian/Native Alaskan or Multiracial.
Nationally, fiscal year 2023; to any degree-granting institution.
Nationally, fiscal year 2023; represents fall-to-fall enrollment to any degree-granting institution.
Nationally, fiscal year 2023; includes verified BA, AA and certificates.
-
ChicagoADVISORY BOARD MEMBERS Bruce Cohen Board Chair Chief Executive Officer, Temerity Strategic Partners Sean Barry Board Member VP, Talent Acquisition, Allstate Martha Boudos Board Member Retired, Morningstar Michael Foster Board Member Senior Vice President and Senior Managing Director, Wealth Management, Northern Trust Craig Huffman Board Member Emeritus Co-Founder and CEO, Metro Edge Development Partners Mohit Kalra Board Member Senior Counsel, Builders Vision Timothy Kincaid Board Member Partner, Winston & Strawn LLP Kristin Kranias Board Member Independent Consultant Carol Levy Board Member Emeritus Levy Family Partners Chris Moree Board Member Chief of Staff, Apollo Global Management Adnan Nisar Board Member Partner, The Vistria Group Ramkumar Ramanan Board Member Partner, Ernst & Young LLP Carol Rubin Board Member Chief Operating Officer, Jenner & Block Beth Satterfield Board Member Chief Operating Officer, William Blair Susan Stone Board Member Executive Vice President and General Counsel, CNA Bill Young Board Member Founder, Home Partners of America AUXILIARY BOARD MEMBERS Jono Keedy Chair, Auxiliary Board Account Executive, Stripe Ryan Cardona Auxiliary Board Member Associate Client Investment Officer, Northern Trust Trevor Ivy Auxiliary Board Member Account Manager, ComEd Austin Johnson Auxiliary Board Member Account Executive, Stripe Liza Lansing Auxiliary Board Member Partner Manager, Meta Tyler Lopez Auxiliary Board Member Associate, Baird Johnnie Lovett Auxiliary Board Member Director of Strategy and Integration, Ten35 Courtney Owens Auxiliary Board Member Investment Analyst, Sustainable Growth Advisors Erik Renth Auxiliary Board Member Director, Digital and Commercial, Sasser Family Companies Tim Thomas Auxiliary Board Member Senior Associate, Temerity Strategic Partners Kyle Welch Auxiliary Board Member CEO, Chicago Scoops LLC Elliot Wheeler Auxiliary Board Member Chief Investment Officer, Cooper Management LLC
-
MinnesotaADVISORY BOARD MEMBERS Julio Vargas-Essex Chair Vice President of Student Success, North Hennepin Community College Dave Anderson Member Senior Vice President of Portfolio Management, Medtronic Elle Grothaus Member Global Talent Leader & Global Human Resources Business Partner - Commercial Excellence, Cargill, Inc. Mark Hintz Member Vice President of University Advancement, Bethel University Douachee Lee Program & AmeriCorps Alumna Director of Marketing, Augsburg Petra Noble Member Senior Vice President of HR Analytics, Workforce Planning & Data Governance, US Bank Chris Staley Member Co-Founder and Executive Vice President, Horizontal Zer Vang Program Alumna Director of Student Recruitment - University of St. Thomas, Morrison Family College of Health
-
OmahaADVISORY BOARD MEMBERS Lisa Lackovic Board Chair Architectural Representative Endicott Clay Products Jack Becker, Ph.D. CEO and Executive Director Joslyn Art Museum Aaron G. Evans Senior Director – Economic Development Union Pacific Railroad Jianqiang Hao, Ph.D. SVP, Enterprise Data Management FNBO Aimee Johns Director of Education Strategic Air Command and Aerospace Museum Emiliano Lerda, J.D., L.L.M. Co-Founder and CEO Elevator Spaces Andrew Rikli, Ed.D. Superintendent Papillion La Vista Community Schools Gennean Scott Chief Inclusion Officer Meow Wolf
-
OregonADVISORY BOARD MEMBERS Clark Haass Chair Managing Director, Intel Corporation Thomas Bookman Group Physician Advisory Services Practice Leader, The Partners Group Karen Healey Senior Consultant, Slalom Ann Hoot Senior Vice President, The Standard Sona Karentz Andrews Provost Emerita, Portland State University Erin Krug President, Quinn Thomas Marley Masser Attorney, Barran Liebman LLP Agata Ramallo-Garcia Vice President Sustainability, Target Geneva Stegemoller Wealth Management Consultant, The Partners Group Ken Thrasher Founding Chair & Retired CEO, Fred Meyer & Compli Amy Trieu Program Coordinator and Grants Manager, City of Portland
-
PhiladelphiaADVISORY BOARD MEMBERS M. Anthony Barrett Chair Managing Director - Raymond James & Associates, Inc. Jeff Berstein Vice Chairman, ImageFIRST Eric Bryant Global Process Steward - The Dow Chemical Company Dr. Toni Damon Founder and Chief Consultant at DamonED Consulting, LLC Joseph Divis Assistant Vice President, External Affairs - AT&T Services, Inc. Joel Feldman Managing Director, Boenning & Scattergood Romit Shahani Principal (Partner), ZS Associates Carlene Williams Poles- Talent Acquisition Manager, PwC
-
TexasADVISORY BOARD MEMBERS Richard Tagle Chair President, E3 Alliance Carol McDonald Member Todd Penner Member Director, Michael & Susan Dell Foundation Daniel Rigel Member Partner, Richards, Rodriguez and Skeith Nirvana Shah Member Chief of Staff, Travis County Commissioner Stephanie Verdugo Member Market President, First United Bank
-
WashingtonADVISORY BOARD MEMBERS Austin Dahl Board Chair Data & Research Engineer Norm Bontje Impact Investor Vijay Devatha Software Engineering Lead, Invisible Manmeet Dhami Corporate Counsel, Microsoft Kelly Herrington Director of College Counseling & Student Services, University Prep Damariz Ibáñez Young Executives of Color Program Manager, University of Washington Lisa Macfarlane Georgia Voter Protection Hotline Agent & Supervisor Rick Molloy President, Celestial Studios Inc. Darrell Powell Certified Public Accountant Tim Tran Dean of STEM, Rainer Prep Ronnie Yates Group Engineering Manager, Microsoft Dave Zimmer Vice President, Amazon Ads
-
WisconsinADVISORY BOARD MEMBERS Christine Holloway Chair V.P. Healthcare Sales, CDW Mayra Alaniz Member Community Volunteer JoAnne Breese-Jaeck Member President and Chief Privacy Office, The Northwestern Mutual Life Insurance Company Rick T. Dillon Member Senior Vice President and Chief Financial Officer of Uniform Services, Aramark Corporation David Gay Member Managing Partner, EY Louis Johnson Member Investigations and Special Projects, Gruber Law Offices, LLC Sangeeta Khanna Member Community Volunteer Eva Martinez Powless Member Vice President & Chief Diversity, Equity & Inclusion Officer Dr. Cheryl Moore Member Executive Director, Alverno Career Studio Dick Seesel Member Owner, Retailing In Focus, LLC Katina Shaw Member Vice President of Community Relations and Family Liaison, Milwaukee Brewers Baseball Club Josh Smith Member Research and Development Manager, A.O. Smith Corporation Lindy Yeager Member Community Volunteer
Leadership and National Board of Directors
Dr. Siva Kumari
Chief Executive Officer
BOARD OF DIRECTORS
Joanna Burleson
Chair
Managing Director, Monitor Institute by Deloitte
Daniel Lugo, JD
Treasurer
President, Queens University of Charlotte
Dr. Donnell Butler
Member
Founder and President, Opportunity College
Al Fan
Ex Officio Director
Marlene Ibsen
Member
Vice President, Community Relations, Travelers and President & CEO, Travelers Foundation
Dr. Doreen James Wise
Member
Nurse Entrepreneur and Co-Founder of College Forward
Dr. Fayneese Miller
Member
President, Hamline University
Andrea Mokros
Member
Chief Public Affairs Officer, M Health Fairview
Joelle A. Murchison
Member
Principal and Founder, EMG LLC
Dr. Jenny Rickard
Member
President & CEO, Common App
Dr. Suzanne M. Rivera
Member
President, Macalester College
Julio Vargas-Essex
Member
Vice President of Student Success, North Hennepin Community College
