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Year Up

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This is an old revision of this page, as edited by LIrwin with Year Up (talk | contribs) at 18:45, 5 July 2023 (Adding another relevant category to resolve tag. Please note: I have a financial COI as an employee of Year Up, I believe this is a straightforward helpful edit but let me know if not appropriate). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Year Up
Established2000; 24 years ago (2000)
FounderGerald Chertavian
Type501(c)(3) Nonprofit
Legal status501(c)(3)
PurposeEducation
HeadquartersBoston
Location
  • United States
Revenue (2022)
$179.3 million[1]
Students (2022[2])
4,000[2]
Websiteyearup.org

Year Up is an American nonprofit organization focused on education and job skills. The organization provides students without a 4- year bachelor’s degree with resources, training and corporate internships with the aim of improving their job prospects and social mobility.

History

The organization was founded in Boston in 2000 by Gerald Chertavian,[3] who worked as a banker on Wall Street and later co-founded a software company.[4] Chertavian participated in the Big Brother program and helped his "little brother" gain a college education. He wanted to find a way to help others with similar backgrounds access education and career opportunities that they might otherwise not be aware of or have the support to apply for.[5]

In June 2002, Year Up's first class of students graduated its one-year program.[6] The program had started in Boston in 2001 with 22 students,[5] seventy percent of whom were from the Greater Boston area. Fourteen of the participants received job offers for roles with average salaries of $35,000 per year.[6]

The organization expanded to Providence, Rhode Island in 2005 and added programs in Washington, D.C. and New York City in 2006, in addition to its operations in Boston and Cambridge.[5] As of 2006, the number of students graduating the program each year increased to 204 and it had a total of 800 alumni.[5]

In 2011, Year Up established a Puget Sound program, based in downtown Seattle.[3] It opened a program in Phoenix in 2014.[7]

By 2016, the organization trained around 3,000 students per year.[4] The program was available in 26 cities across the US by 2019.[7]

In 2021, the Office of Planning, Research, and Evaluation in the US Department of Health and Human Services (OPRE) published a report of a study it had sponsored, evaluating Year Up's longer term impact via a five-year randomized controlled trial. The study found that the Year Up program had a statistically significant impact on earnings.[8] In 2022, the OPRE reported that six years after completing the Year Up program, past participants had an income 30% higher than a control group of non-participants.[2]

As of 2022, approximately 4,000 students per year participated in Year Up's programs.[2]

Programs

Year Up's program includes job skills training and internships in a corporate environment,[8] for underserved students who have a high school diploma or equivalent, but have not received a college degree.[2][9][4][10][11][12]

The organization also runs a program providing materials and resources to other training providers working with students, including community colleges.[13]

Funding and partnerships

The majority of funding for Year Up is provided by its corporate partners.[8] As of 2016, the organization worked with 250 companies that provided funding for the program and took on interns.[4] In 2022, Google announced it was working with Year Up and two other job training programs to provide funding and course content.[10] Also in 2022, Year Up received a grant of $3 million from the private equity firm Blackstone Inc..[13]

References

  1. ^ "Year Up 2022 Form 990" (PDF). YearUp.org. Retrieved 2023-05-10.
  2. ^ a b c d e Lohr, Steve (2022-10-03). "These Job-Training Programs Work, and May Show Others the Way". The New York Times. ISSN 0362-4331. Retrieved 2023-01-16.
  3. ^ a b Soper, Taylor (2014-05-16). "Year Up: How this program transforms low-income young adults into rising tech stars". GeekWire. Retrieved 2023-01-16.
  4. ^ a b c d Gralnick, Jodi (2016-02-24). "A year in this program offers path to success". CNBC. Retrieved 2023-01-04.
  5. ^ a b c d Kooker, Naomi (2006-10-19). "Gerald Chertavian: The equalizer". Boston Business Journal. Retrieved 2023-01-27.
  6. ^ a b Levy, Doug (2002-06-20). "Year Up pays off for these grads". The Boston Herald.
  7. ^ a b Ringle, Hayley (2019-11-30). "Year Up expands into Mesa, seeking West Valley partner and campus". Phoenix Business Journal.
  8. ^ a b c Fein, David; Dastrup, Samuel; Burnett, Kimberly (2021). Still Bridging the Opportunity Divide for Low-Income Youth: Year Up's Longer-Term Impacts (Report). Washington, D.C.: Office of Planning, Research, and Evaluation, Administration for Children and Families, U.S. Department of Health and Human Services.
  9. ^ Heinrich, Carolyn (2012). "How does Year Up measure up?" (PDF). Focus. 29 (2).
  10. ^ a b Lohr, Steve (2022-02-17). "Google Creates $100 Million Fund for Skills Training Program". The New York Times. ISSN 0362-4331. Retrieved 2023-01-26.
  11. ^ "Year Up program opens up a new world in tech for students". The Seattle Times. 2014-11-20. Retrieved 2023-01-04.
  12. ^ Safer, Morley (2014-01-26). "60 Minutes: Jobs program aids Fortune 500 and underprivileged youth". CBS News. Retrieved 2023-03-06.
  13. ^ a b Chesto, John (2022-11-29). "Athenahealth likely to go public, again; Micho Spring bids farewell to Weber Shandwick; Year Up expands with gift from Blackstone; Symbotic dials up their old CEO; What's in a name for Allen & Gerritsen?". The Boston Globe. Retrieved 2023-03-06.