Latest Review
Mission
To empower youth to make successful transitions to independence in adulthood, through an innovative program that integrates employment in social enterprises and job skills training, financial literacy & asset building, college exposure, and career exploration services.
Key Facts
Geographic areas served:
San Francisco, Oakland, San Diego and Washington DC
Target demographics:
Juma Ventures serves disadvantaged young people between the ages of 15 and 19, the vast majority of whom live in Bayview/Hunter’s Point, Visitacion Valley, Western Addition and the Mission. All participants are “low- income” according to the Housing and Urban Development’s Area Median Income table, and three-quarters live in households earning less than 200% of the Federal Poverty Guideline. Our participant population is ethnically diverse, with close to 90% being youth of color.
Results to date:
In 2007, 96% of Juma’s graduates transitioned to two- and four-year colleges, while 4% went on to jobs.
• Our 2006 Social Impact Report revealed that 97% of our participants are either still working and/or enrolled in academic or vocational training programs two years after transitioning out of Juma.
• In 2008, Juma took its first step in The Field of Dreams Initiative, our nationwide replication plan, and expanded our social enterprise business to Nationals Stadium in Washington, D.C.
• Today, Juma operates the leading youth Individual Development Account (IDA) program in the U.S., with 550 accounts opened and more than $500,000 saved by program participants.
This year, we will launch a new statewide initiative to replicate our asset-building program in California with the support of Merrill Lynch, Levi Strauss, and the Walter & Elise Haas Sr. Fund.
Direct beneficiaries per year: 400 youth between the ages of 15 - 19 years. Juma's youth are recruited through schools and community programs in San Francisco, Oakland, San Diego and Washington D.C.'s most impoverished neighborhoods.
Your donation of $100 enables us to:
Fund the full cost of one youth’s participation in our college tours program
Your donation of $250 enables us to:
Cover the cost of our pre-employment orientation/training program for one youth
Your donation of $500 enables us to:
Provide the matching incentive for youth’s savings accounts upon high school graduation
Board Members and Affiliation:
Mei Chen, Chair
Andy Scott (Partner, Pluritas)
Doug Barry (CEO, Videobrain Inc.)
Chris Fenster, Treasurer (CFO, Bevology)
Jim Schorr -Lecturer, UC Berkeley’s Haas School of Business
Sam Cobbs (Executive Director, First Place for Youth)
Kevin Keenley, Vice Chair (Managing Principal, Fundamental Capital)
Norene Lew (Associate, Coblentz Patch Duffy & Bass)
Anne Pedrero, Board Chair (Waycrosse Inc.)
Jenny Flores (Vice-President, Citibank)
Bruce Keller (President and CEO Codigy)
Scott Garell (President, Ask.com)
Gerald Richards, Secretary (Executive Director, NFTE Bay Area)
Gregory Horner, M.D.G (Tri-Valley Orthopaedic and Sports Medical Group, Inc.)
Past and Current Funders:
21st Century Foundation
All Stars Helping Kids
Arroyo & Coates
Bay City Capital
Bay Club
CAL Insurance
California Wellness Foundation
Ceres Foundation
Charles and Helen Schwab Family Foundation
Citigroup Foundation PG&E
Comerica Bank Pluritas
Corporation for Enterprise Development
Dept. of Children Youth & Their Families
Evelyn & Walter Haas Jr. Fund
Fleishhacker Foundation
Friedman Family Foundation
Gamble Foundation
Goldman Sachs
Hilton San Francisco
Hood & Strong
Huron Consulting
Lennar
Levi Strauss Foundation
Lisa & Douglas Goldman Fund
Louis R. Lurie Foundation
May & Stanley Smith Trust
Mayor’s Office of Community Development
Merrill Lynch & Co
Mirant
Morrison & Foerster
Mulvaney Family Foundation
Roberts Enterprise Development Fund
Ruby Wine
Shaw Family Fund
The Morris Stulsaft Foundation
The San Francisco Foundation
The William Zimmerman Foundation
TPG Ventures
Union Bank of CA
Wells Fargo Foundation
Wilsey Foundation
Woodcock Foundation
Key Staff
Marc Spencer, CEO
marcs@jumaventures.org
Vini Bhansali, COO
vinib@jumaventures.org.
Jeronimo Martin, Enterprise Director
jeronimom@jumaventures.org
Jeff Russel, Finance Director
jeffr@jumaventures.org
Maria Sison, Assets Manager
marias@jumaventures.org