10,000 degrees scaling plan
DESCRIPTION
Presented at the Social Impact Exchange Business Plan Competition. First Prize awarded.TRANSCRIPT
22.6% INCREASE IN EMPLOYMENT + $1.3 MIL
EXTRA LIFETIME
EARNINGS
37.6% INCREASE IN VOTING+ MORE ACTIVE
CITIZENS
8.9ADDITIONAL
YEARS OFLIFE
+ MORE TAX REVENUE & LESS PUBLIC ASSISTANCE
THE UPSIDE OF A COLLEGE DEGREE
THE SOLUTION: 10,000 DEGREES
• Currently serving 2,500 students
• $1,800 in costs per student
• 84% college graduation rate
• 17K and climbing
• 100s currently engaged
• Serve as mentors, staff, donors, board members
• Proven and high touch model
• To-and-through college
• Flexibly deployed to build on what’s already working in communities
• CEO since 1999• Talented senior
team• Board Chair is
Alumnus• Engaged board
Leadership Killer App
ResultsAlumni
THE KILLER APP
PLANT THE SEED
College4Kids!
GET READY10KD
University10KD Institute
FIND THE MONEY
Financial Aid education & management
10KD scholarships &
other aid
EARN THE DEGREE
The “Finish Line”
10KD College Clubs
GIVE BACKLeadership
CorpsNetworking &
internshipsAlumni
engagement
CHANGE THE WORLDPoverty
reductionEconomic
boostHealth benefits
Civic engagement
IMPACT
100% graduate from high school
98% matriculate in college
84% complete their degree
THE MULTI-GENERATIONAL IMPACT IS HUGE
The cycle of poverty is broken for the graduate’s family and for future generations
Expectations change for traditionally under-represented students
Parents raise 2nd generation college students
COMPETITIVE ADVANTAGESLow cost
($1,800/student)
Alumni involvement
Our own renewable
scholarships
Killer app
Data sharing
Powerful strategic
partnershipsTHE
PROMISE OF COLLEGE
COMPLETION
GROWTH & DEVELOPMENT DRIVEN BY DEMAND
Students served
College tours
10KD Institute
GOAL 2015: 25% OF OUR TARGET POPULATION
Students served
College tours
10KD Institute
STRATEGIC PARTNERSHIPS SCALE IMPACT, NOT INFRASTRUCTURE
Students served
College tours
10KD Institute
Marin Community Foundation
Scholarship Sonoma County in partnership with 10,000 Degrees
Hispanic Scholarship Fund
Solano Community Foundation
Vallejo Hope Scholarship
SCALING STRATEGY AND MARKETS
Fiscal Year Number of Communities
Number of Schools
Students Served
Annually
2011-2012 2 13 2,500
2012-2013 3 16 4,000
2013-2014 4 19 7,500
2014-2015 4 22 10,000
2015-2020 8 40 20,000
EXPENSES REFLECT INVESTMENT IN STRENGTHENING PLATFORM
FY13 FY14 FY15$0
$2
$4
$6
$8
$10
$12
$14Expenses ($mil)
ReservesNon-personnelPersonnelScholarships
$5 MILLION SEED CAPITAL LEVERAGES $7.2 MILLION
FY13 FY14 FY15$0
$2
$4
$6
$8
$10
$12
$14Revenue ($mil)
Seed Capital Needed
Earned Revenue
Strategic Partners
Endowment
Individual
Institutional/Corporate
EARNED INCOME SCALES IMPACT
THREE STRATEGY HORIZONS FOR SUSTAINING RAPID GROWTH
SHORT JUMP Initiative to fortify + extend programs.Immediate gains in funding + alliances.
MEDIUM JUMP Initiatives to leverage existing resources and capabilities to pursue growth in region.Moderate revenue gains build foundation for sizable gains over next 5 years.
LONG JUMP Initiatives to sow the seeds for growth across the state and country.Brand equity building and supporting fee for service + licensing revenue.
Portfolio of Strategy Initiatives
2009-2012 2012-2015 2015-2020
ON THE STRATEGY HORIZON 2012-2015
CONTINUE R&DSTRENGTHEN PLATFORM
INVEST IN VOLUNTEERS
EXPAND REVENUE OPPORTUNITIES
College persistence R&D
Hi tech and hi touch approaches
Invest in senior staff leadership
Scale alumni and volunteer engagement, training and stewardship systems
Build scalable funding model with contributed and earned income
SCALE IMPACT – NOT INFRASTRUCTURE
STEP-UP INNOVATION
MAINTAIN COMPETITIVE ADVANTAGE
REGIONAL CONCENTRATION IN CALIFORNIA
OPEN SOURCE APPROACH
Long-tem strategic alliances raise funds for 10,000 Degrees and provide flexible development
Develop tech-based solutions for effective scaling
Significantly lower cost per student ratio than peers ($1,800/student).
84% graduation rate
North SF Bay Area provides demand for growth from 2,500 to 10,000 by 2015.
Simple, but not easy to do
OR
GA
NIZ
ATI
ON
BU
SIN
ES
S
10,000 DEGREES IN EVERY COMMUNITY ACROSS THE COUNTRY
(2005) Recognized by Lumina Foundation
(2009) Impact recognized by Sen. Barack Obama
(2011) “National Scholarship Provider of the Year”
84% baccalaureate degree attainment rate + 17K alumni and counting!
NATIONALLY RECOGNIZED MODEL
Over $54 million in scholarships to date
READY TO SCALE!
Strong financial management and fundraising success.
Proven record of replication and detailed expansion plan.
Infrastructure investments for growth.
Robust network of strategic partners.
PREPARED AND POISED LEADERSHIP
10,000 MORE DEGREES, 10,000 MORE WAYS TO CHANGE THE
WORLD
THE 10,000 DEGREES TEAM
Ellyn WeiselChief
Development Officer
Karen BluestoneManaging
Director for Strategy
and Innovation
Saul PenaChair of the
Board
Kim MazzucaPresident and CEO
Traci LanierVice
President and COO
Seth Goddard
Director of Communi-
cations