2022

Annual Report

Shari krull

Chief Executive Officer

StreetWise Partners

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Dear Friends,

2022 was an exciting and fulfilling year for StreetWise Partners. We celebrated our 25th anniversary and honored the thousands of mentees and mentors whose lives have been touched by our mission. We served hundreds of job seekers across our regions and continued to evolve our program models. Throughout the year we offered new ways for job seekers, volunteers and companies to connect.


As the CEO of StreetWise Partners, this organization is deeply personal to me. I love StreetWise because I wholly reject the notion that one's zip code should determine their future. Skills can be taught, but networks are inherited, which perpetuates structural inequity for generations. StreetWise brings people together from different life experiences and socioeconomic backgrounds to share their gifts and talents, and help one another learn, grow and be successful. When mentoring matches flourish it is like magic - and everyone wins. This organization is so unique and impactful; and I am honored to be leading the team to drive its success.


Thank you for being with us on this journey, sharing a passion for our mission, and supporting the next 25 years of work.

Community Need

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Working age Americans

46

MILLION

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9

MILLION

Immigrants

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Unemployed young adults ages 18-24

10

MILLION

2022

IMPACT

440

mentees served across NYC, DC, and MI

93%

of mentees developed strong professional networks

80%

of graduates are employed

$11K-$54K

average annual salaries increase

$15M

in cumulative first year wage growth

90%

grew their professional networks to 100+ contacts

Our Story

Picture this: It was 1997, a time when the world was waking up to the untapped potential that lies within communities that are historically excluded from the corporate workforce. In that moment, StreetWise was born from the realization that there was an invaluable resource we could harness: business professionals armed with knowledge, influence, and the desire to uplift others as they climbed.


Business professionals, with their contacts and industry know-how, became the mainstay in our quest for change. StreetWise became a platform to bridge the gap, connecting these professionals with individuals from underserved communities who were hungry for guidance, support, and opportunities. These are hardworking, capable job seekers: the first-generation community college student who dreams of working in investment banking, the immigrant trained in accounting who needs the soft skills to navigate interviews, the graduate from a computer coding bootcamp who aims to break into a new field.


The concept was simple yet powerful. What began as a networking community in a small conference room grew into a full-fledged program driven by a 13-week, 350-page professional development curriculum. Twenty-five years later, we’ve served 8,000 job seekers through the support of 15,000 volunteers in New York City, Washington, D.C., and Detroit. Together, we continue to inspire, connect, and empower individuals to thrive and create a brighter future for all.

StreetWise Delivers Significant ROI

In 2022, we analyzed the return on investment for our 2020 cohorts by comparing the full-time salaries of StreetWise job seekers before and one year after program graduation. The survey demonstrated that every philanthropic $1 dollar invested in StreetWise yields 3X the financial gain and increased wages for graduates. Further, the 2020 cohorts' average salaries grew 297% from $13,190 at enrollment to $52,370 once employed. We are celebrating this tangible improvement in graduate salaries and reinforcing that every dollar donated, granted or raised for StreetWise drives economic advancement for all.

25th Anniversary Reunions

We joyfully celebrated our 25th anniversary and honored the 25,000 mentees and mentors who have come through our doors. They will forever be a part of our family. We marked this moment with reunions across the country, bringing together mentors, mentees, and alumni to reconnect and celebrate their successes. These reunions were especially moving as it was the first time for many to connect or reconnect in person.

Recovering from COVID

The COVID-19 pandemic wreaked havoc on the fundamental drivers of employment, disabling the community enabled by in-person connections and redefining what it takes to pursue and advance a meaningful career. Recognizing that the need for mentorship and career development was greater than ever, StreetWise swiftly transitioned our programs to virtual platforms.


Despite the upheaval, our staff remained dedicated, creative, and nimble. Our mentees and mentors rose to the occasion, embracing the opportunity to connect, learn, and practice new skills in small Zoom groups. We served 335 people across three regions with graduation rates averaging or above 85%.

Volunteerism is our Bedrock

Volunteerism is the bedrock of the StreetWise program model. Every year, hundreds of corporate professionals generously offer their time, collectively contributing 10,000 hours of service. Through networking events and workshops, these dedicated volunteers provide invaluable support to StreetWise mentees. They assist mentees with developing essential skills, fostering connections, exploring career paths, navigating job searches, mastering interviews, and conquering the complexities of the hiring process.


Volunteers not only make a positive impact on the lives of mentees but also cultivate their own leadership and management abilities. In this way, volunteer opportunities with StreetWise help to professionally develop our nation's future leaders who rise to hire diverse talent and break barriers of unbiased hiring practices.


All regions

416

MENTORS

ENGAGED

I’ve missed certain opportunities because I didn't have the awareness. I didn’t have the opportunity to find a mentor at a young age. For me, being a mentor is a way for me to bridge that gap. At the same time, being able to help mentees think through their own career and challenges helps me reflect more on my own career, and build up my own communication, problem solving, and networking skills.

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Gagan Vaseer,

Mentor and Program Management Officer,

United Nations

823

ONE-TIME VOLUNTEERS

Job Placement and Employment Services Expand

In 2021, we launched our Employment Services team to connect StreetWise graduates with open jobs and internships at our partner companies. The team investment is already paying dividends and has successfully placed 100 mentees in jobs over the past two years.


Through Employment Services, we offer these companies the opportunity to hire directly from our graduate base, providing customized service to each employer through proactive candidate matching and targeted hiring events. Simultaneously, we support candidates with interview preparation and follow up. The companies gain access to a pool of highly qualified and motivated job candidates, while our graduates gain valuable opportunities to launch their careers and achieve their goals.

Job Placement Averages Across Regions

$68,900

FULL TIME SALARY

$59,233

INTERNSHIP SALARY

Building and Strengthening Partnerships

Our corporate partnerships thrived, expanding our current relationships and welcoming new companies into the StreetWise fold. There was a steady drumbeat of mission-aligned events throughout the year, including a well-attended panel for Black History Month entitled “Black in the C-Suite", formal and informal coffee chats, mock interviews, and workshops to connect mentees with professionals from a variety of industries on their career path exploration.

500+

mentees

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1,500

volunteers

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$670,000

Partnership

Contributions

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PARTNERSHIPS

As part of HSBC Corporate Sustainability’s Involve Volunteer Grant program, HSBC Bank USA’s CEO, Michael Roberts, awards his Involve CEO Prize to what he considers to be HSBC’s best non-profit partner. In 2022 he selected Streetwise Partners, honoring our four years of partnership in driving economic equity. During that time, over 200 HSBC volunteers participated in StreetWise events representing over 1,000 hours of volunteer service to more than 500 StreetWise job seekers.

The recognition raises StreetWise Partners’ profile at HSBC and provides an opportunity to further deepen and broaden the strategic partnership between our two organizations.

Neil Middleton

Senior Risk Officer, HSBC USA

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PARTNERSHIPS

Marsh McClennan held a Career Coaching workshop offering mentees career advice and goal review with volunteers from their Executive Team. The President, Chief Financial Officer, and Chief Digital Officer all participated and provided tremendous insight to the mentees.


"Thank you for your expertise and incredible feedback! At first, I wasn't sure if my journey was leading me in the right direction but after speaking to the leadership team and gaining very valuable insight, I feel confident and more committed to completing my journey and obtaining the career I've always wanted." - Archit, Mentee



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PARTNERSHIPS

Deutsche Bank Women on Wall Street is an employee network group dedicated to supporting diversity efforts that recognize the importance of women in achieving Deutsche Bank’s business objectives. Their workshop on “Combatting Imposter Syndrome” was immediately relatable and valuable for the mentees, not only women. We discussed how most accomplished professionals experience self-doubt, the psychology behind the phenomenon and strategies to work through it.

PARTNERSHIPS

For Mental Health Awareness month, Sidley Austin employees volunteered to teach StreetWise mentees about “Using Feedback to Fuel Growth”. They focused on feedback to create openness and honesty in the workplace and facilitated practical exercises and activities in receiving feedback. The workshop had a lasting impact as 100% of mentees surveyed said they both learned something new, and felt more confident to discuss feedback in their professional life.

Volunteering has been shown to decrease stress levels, depression, anxiety, and boost one’s overall health and satisfaction with life. So, it is no surprise that organizations who sponsor employee volunteer programs can realize immense benefits beyond making the world a better place. Improving employees’ holistic life and supporting a healthier and more productive work environment are incredibly valuable outcomes of these programs too.

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Lori Anne Henderson

Director of Well-Being, Sidley Austin LLP

A Thriving Community

Our work with community organizations continues to thrive and grow. These organizations introduce mentees into our program and through their own missions, spread the impact and reach of StreetWise’s work.

We have ongoing and strong long-term partnerships with the following:


Upwardly Global in Washington D.C. helps immigrant and refugee professionals eliminate employment barriers while advancing the inclusion of their skills into the U.S. economy.

Bottom Line in New York works with degree-aspiring students of color from under-resourced communities to get into and through college, and successfully launch a career.

PerScholas offers tuition-free tech training and certifications, professional development, and employment connections for adults. They partner with us in both D.C. and New York.

A Thriving Community

In 2022 we added new and notable partners that immediately began referring mentees for each cycle and expanding the footprint in the community. New partners include Dar Al-Hijrah Islamic Center, Brooklyn Public Library, International Center, The NY Foundling, City College of NY, Lehman College, New York City College of Technology, and Queens College.


Each of these community organizations is a strong partner for StreetWise because they understand the value of mentorship for their clients. Our programs complement each other very well; their populations gain strong technical skills from the training while expanding their networks and building their power skills through our programming and events.


New York

Born in Kyrgyzstan, Aigerim Kaipova came to the U.S. with her family when she was 10 years old and dreamed of a job where she could work in a corporate environment. She earned her Bachelor’s Degree from CUNY School of Professional Studies, then got a job in accounts payable. While she loved the experience, she wanted more of a mental challenge and started applying for other jobs. She had multiple interviews but didn't get through to the second round. Then, in Spring 2022, Aigerim joined StreetWise as a mentee with specific goals: to improve her interview and communications skills; to expand her network; and to secure a job in finance. With the help of StreetWise and her mentor, she achieved all three and is now working at JPMorgan Chase as a Global Corporate Actions Asset Analyst.


“You get what you put into it. Whether it’s identifying your weak points and figuring out how you need to improve, meeting consistently with your mentor, or setting clear goals.”

Success Stories

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Washington D.C.

When Fasiu Adenekan discovered StreetWise , he was no stranger to the business world. In his native Nigeria, he was CFO of an investment banking company. But when he came to the U.S. in 2019 and started his job search, he struggled. Fasiu submitted many applications for roles in finance and accounting. Nobody responded. The tide turned when he teamed up with a StreetWise mentor in 2022 who helped him create a winning resume, use digital tools like LinkedIn, align a cover letter with job descriptions, and prepare for interviews. Now, Fasiu hopes to give back and contribute to StreetWise in the future.


“When you take from the system, at a point in time, you should give back.There are many people like me who need guidance to get a foot in the door and what StreetWise has done for me, I want to give in return. I want to pay it forward by mentoring, and one day, even donating.”

Success Stories

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Detroit

Adriana Soares moved from Brazil to Kansas with her husband in 2019 and again to Michigan in 2021. In Brazil, she had been an entrepreneur and businesswoman running her own travel exchange business. In the U.S. she applied for her green card in 2022 and while waiting, she discovered StreetWise. Adriana has been completing professional certificates, and volunteers as an online tutor for English as a Second Language. She recently received her green card and is interviewing for roles in Project Management. She won the StreetWise Mentee Leadership award for displaying exceptional commitment and leadership in the StreetWise program and platinum level badges for deliverables.


I'm grateful and honored to be an alumnus of this amazing program. My heartfelt thanks go to the exceptional mentors for their invaluable guidance, unwavering support, and constant encouragement. This program has truly transformed my life."

Success Stories

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Fundraising Events Fuel Our Mission

Each year we hold two major fundraising events to build excitement, new partnerships, and funding in support of our mission. Since 2022 was our 25th Anniversary, it was a year of special commemoration and celebration of all we have accomplished.


Our Annual Partnership breakfast hosted 240 guests and raised more than $465,000. We honored the vast contributions of Napier Park Global Capital with the 2022 StreetWise Champion Award, hearing from Managing Principal Jim O’Brien and inspiring stories from Ahmed and Monjur.


The 25th Annual Poker Tournament drew 260 guests and raised more $283,000. It’s always an exciting and very engaging night of poker, entertainment, and supporting StreetWise in a fun and competitive way.

2022 Financial Highlights

Total Revenue

StreetWise ended the year with net assets totaling $1,417,000. The organization maintained a healthy cash balance throughout the year and maintained a Board Reserve Fund to support future program innovation and long-term sustainability.

TOTAL

REVENUE

$2.55M

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46%

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35%

11%

8%

CORPORATIONS

GOVERNMENT

BOARD

FOUNDATIONS

& INDIVIDUALS

2022 Financial Highlights

Total Expenses

StreetWise ended the year with net assets totaling $1,417,000. The organization continued to run efficiently, with 70% of expenses attributed directly to programming.

TOTAL

EXPENSES

$2.24M

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70%

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21%

9%

PROGRAM

FUNDRAISING

MANGEMENT

& GENERAL

StreetWise is on a mission to create the most diverse, empowered, and capable workforce of today and tomorrow. To advance our mission, we’ve established key growth priorities for 2023:

Looking Forward

2

3

1

Job Placement: We want to make it easier for mentees to find better-paying jobs quickly. We will do this by investing in our job placement program to gain footholds and expand offerings, and increasing the pool of talented individuals from diverse backgrounds available for companies and employers to hire.

Job Retention: The strong, lasting mentoring relationships we facilitate create a foundation to help program graduates prepare for a job, retain it, and advance further in their careers.

Operational Efficiency: In 2023 we will ensure StreetWise’s long-term viability by enhancing fundraising and communications, welcoming new corporate partners, and attracting and retaining top talent.

Together, we are forging a community where mentorship thrives, careers flourish, and dreams become reality. As more job seekers gain access to an accelerated pathway to employment with the highest possible earning potential, we’re driving greater economic mobility at the individual, family, and community levels, ultimately breaking the cycle of generational poverty.

“Through StreetWise, I’ve experienced exclusive access to professionals of the greatest character. I say greatest because they’ve sacrificed their time to help me, and others grow. And that growth is going to last the rest of our professional careers.”

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Olivia-Jay, Mentee

We owe our incredible journey to the passionate mentors, mentees, partners, volunteers, and donors who have stood alongside us, fueling our mission and championing the transformative power of mentorship. Your unwavering support has played an integral role in the countless lives we have touched and the communities we have uplifted.

Thank you for being with us on this journey and supporting the next 25 years of work.

This is

Your

Time.

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Todd Greenbarg

Board Chair,

Avenue Capital

Meet the Board

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Tazia Smith

Board Vice Chair,

Closed Loop Partners


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Padma Elmgart

Board Treasurer,

Global Atlantic

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Nadja Marcoz

Board Secretary,

Napier Park

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Rahul Advani

StreetWise Partners Founder, Ser Capital Partners


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Matt Gorin

StreetWise Partners Founder, Contour Venture Partners


Monica Aggarwal

Fitch Ratings

Puneet Arora

PwC

Neil Barua

Service Max

Vipula Gandhi

Gallup

Alex Kaplan

Sidley Austin LLP

Steve Kezirian

Full Potential Solutions

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Swellbox

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Brian Korb

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David Kurzweil

Latham & Watkins LLP

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Laurence Lederer

Branford Castle

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Anton Levy

General Atlantic

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Bethany Menzies

The Ready Foundation

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Ajit Naidu

TIAA

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Maya Pochiraju

Payability

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Fred Strobel

Tradeweb Markets

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Samantha Vega

Verizon

Gitanjali Workman

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Soros Capital Management LLC

OUR VALUED DONORS

$50,000 +

Carrol and Milton Petrie Foundation

The Ready Foundation

Blackstone Foundation

Fitch Group

Global Atlantic Financial Group

Harry and Jeanette Weinberg Foundation

LinkedIn Foundation

Mizuho Americas

Napier Park

Neil Barua and Bayan Ali Barua

Piper Sandler Companies, Inc.

$25,000 - $49,999

Ajit Naidu

Ally Financials Inc.

Nadja Marcoz and Adrian Chalk

Deutsche Bank Foundation

Padma Elmgart

First Republic Bank

The Gallup Foundation

General Atlantic

John Havens

HSBC Foundation

Insight Partners

Brian and Vanessa Korb

David and Tracey Kurzweil

Tradeweb Markets

$10,000 - $24,999

Rahul Advani

Alliant Insurance Services, Inc.

Apollo Global Management LLC

Puneet Arora

The Asia Group

Barnes & Thornburg

Bank of America

BBR Partners LLC

Jordan Broome

Cadwalader, Wickersham & Taft LLP

CAPCO

Citco

Clarion Partners

Jim and Susan Clifton

Davis Polk & Wardwell LLP

DTE Energy Foundation

Deloitte

EAB

EagleTree Capital

Echo Energy Group

Erickson Immigration Group

Fidelity Title Insurance

First Eagle Investments

Matt and Jen Gorin

Todd and Karen Greenbarg

Guggenheim Partners

Houlihan Lokey Financial Advisors, Inc.

Indus Valley Partners Corporation

Alex and Jennifer Kaplan

Stephen and Elizabeth Kezirian

Kirkland & Ellis

Latham & Watkins LLP

Morgan, Lewis & Bockius LLP

Morgan Stanley Wealth Management

Morgan Stanley Foundation

The Morris and Gwendolyn Cafritz Foundation


OnDemand Agility Solutions, Inc.

Maya Pochiraju

Purrington Moody Weil, LLP

Red Oak Partners

Jeffrey Ross

Sculptor Capital Management

Seton Hall University

Sidley Austin LLP

Silver Lake Technology

Vonetta Young and Rustin Brown

WE THANK YOU.

OUR VALUED DONORS

$5,000 - $9,999

Monica Aggarwal

Allen & Overy LLP

Anchin, Block & Anchin LLP

Capital One

Centerbridge Partners

Colm Kelleher

Herrick, Feinstein LLP

Kramer Levin Naftalis & Frankel LLP

Laurence B. Lederer

Mark and Rebecca Oline

Northwestern Mutual

Porskauer Rose LLP

Pryor Cashman LLP

Rohan Rai

Schulte Roth & Zabell LLP

Sher Tremonte LLP

SHRM

Tazia Smith

Sproutlogix Solutions Inc.

Starwood Capital Group

Starwood Property Trust

Viking Global Foundation, Inc.

Jessie Zhu

$1,000 - $4,999

A& L Goodbody

Gertrudis Achecar

Kira and Bob Almeida

Alvarez & Marsal

Laura and John Arnold

Rashmi Badwe

Seavron Banus

Hugo Barreca

Erik Barrios

Bloomberg

Branford Castle Partners

Charles River Associates

Clark Construction Group

Courtney Carson

Compass Foundation

EisnerAmper LLP

John Faber

Oren Gertner

Thomas Ghegan

Timothy Greatorex

Growth Seed, Inc.

HSBC

Gregg Hamerschlag

Cindi Hamm

Hargis Family Foundation

IBM

Jane and Coley Hoffman

Abigail Johnson

Sarah Jones

Davis Kaufman

Kleinberg, Kaplan, Wolff & Cohen, PC

Lisa Keitges

Benjamin Kinet

Donna and Michael Lashendock

LikeMind

Maverick Search Consulting

Chris and Henry McEntee

Emily Minkow

Evan Odim

Mourant Ozannes

O'Melveny & Myers LLP

Jenn Pastarnack


Pew Charitable Trust

Ralph Poore

John Randolph

Christine Roux

S. Renee Smith

Sandler, Reiff, Lamb, Rosenstein & Birkenstock PC

Fred Strobel

Oscar Teunissan

Samantha Vega

Verizon

Walkers Global

Michael and Caroline Weisser

Brian Yano

WE THANK YOU.