Discover the ways that CREA Foundation created impact in 2023 and join our mission to improve the lives of youth and young adults facing adversity and barriers to success in the communities we serve by creating opportunities to further their learning, development, and education.
Annual Report 2023
Table of Contents
2023 Impact at a Glance CREA Foundation Overview
pg 3 pg 4
CSUN CREA Scholars
pg 5-6 pg 7-8 pg 9-10
IU Indianapolis CREA Scholars
2023 Events 2024 Goals
pg 12 pg 13 pg 14
2023 Financial Report
2023 Donors
Meet the CREA Scholars Class of 2027 at California State University, Northridge (CSUN) on pages 5 and 6!
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Dear Key Stakeholder,
We offer our sincerest thanks for your support of CREA Foundation. In 2023, we raised $538K in contributions, established our second university partner at California State University, Northridge, and awarded 20 CREA Scholars. Our 10 CREA Scholars at Indiana University Indianapolis (IUI) are thriving with an average GPA over 3.01. We are excited to share that our students are not only performing well academically, but they are experiencing great opportunities. In 2023, Kamya Williams, a CREA Scholar at IUI, had an incredible opportunity to travel to Ghana with a student leaders’ group from their Diversity Enrichment and Achievement Program. While not directly linked to the CREA Scholars Program, these are the types of experiences that the CREA Foundation aspires to pave the way for. As a corporate foundation, our commitment to the community resonates with our mission to improve the lives of youth and young adults facing financial barriers to success in the communities we serve by creating opportunities to further their learning, development and education. We are unwavering in our support of students from affordable housing communities by not only providing financial scholarships to support their postsecondary education goals, but comprehensive wraparound services through our university partners to ensure we help students cross the finish line. As a key stakeholder, we thank you for joining us in working toward our vision of providing next step opportunities in education with a focus on college preparation, access and success for all youth and young adults living within our affordable housing communities. In addition to the accolades noted above, CREA Foundation celebrated the following: • 69 individual donors contributed to the Foundation • 25 corporate partners contributed, becoming members of the Investor Impact Network • $61K was contributed to the Foundation by CREA, LLC employees • 85% of dollars raised support our comprehensive CREA Scholars Programs Thank you for your commitment to CREA Foundation. Your investment and support of our efforts will ensure the Foundation continues to provide comprehensive support for students from affordable housing communities in the future.
Sincerely,
Arvetta Jideonwo, MHA, CFRE Executive Director
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2023 IMPACT AT A GLANCE
69 INDIVIDUAL CONTRIBUTIONS
30 CREA SCHOLARS
$ 538 K TOTAL RAISED
25 CORPORATE DONORS
7 INVESTOR IMPACT NETWORK MEMBERS
$ 131 K RAISED FROM EVENTS
24% EVENTS 76% DIRECT DONATION SOURCES
DONOR BREAKDOWN 27% CORPORATE 73% INDIVIDUALS
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The CREA Scholars Program provides financial scholarships and wraparound services to incoming freshman at partner universities over four years, ensuring that students complete their college career having attained their degree.
See how CREA Foundation brings this program to reality:
Raising Funds
Through a variety of sources, we secure funds that ensure that we are able to implement our mission.
CREA & EMPLOYEE DONORS
FUNDRAISING EVENTS
BUSINESS PARTNERS
Partnerships
We rely on our various partners in order to deliver the transformative opportunities we promise students
RESOURCE NETWORK
CORPORATE SPONSOR
UNIVERSITY PARTNERS
BOARD OF DIRECTORS
Stefanie Brown Member CREA, LLC
Jeff Whiting Chairman CREA, LLC
Charles Anderson Member CREA, LLC
Tony Bertoldi Member CREA, LLC
Arvetta Jideonwo Executive Director CREA, LLC
Katy McShane Member CREA, LLC
Roger Shank Member CREA, LLC
Brian Villa Member KGC Companies
Kyle Malone Member Grantmakers for Educa tion
Pam McIntyre Member Liberty Mutual
Laurie Levitt Schoenburg Member Bank of America
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“We were elated to launch the CREA Scholars Program at CSUN and are excited about the opportunities for the scholars to create a community of support and connection over the next four years. We are confident in our partnership with CSUN’s Educational Opportunity Program to provide a community for CREA Scholars to thrive and graduate.” - Arvetta Jideonwo, Executive Director 2 30 CREA Scholars University Partners
ALEXANDER BONILLA PASADENA, CA
ANGELINA ZUNIGA-KRAMER LOS ANGELES, CA
ANNETTE PEREZ SYLMAR, CA
CARLOS HALLMAN VAN NUYS, CA
CHRISTIAN GALINDO-CARERRA LOS ANGELES, CA
JACQUELINE NAVARRO PACOIMA, CA
CRYSTAL TELLEZ SANTA LAULA, CA
ELLEN GARCIA-ROA PACOIMA, CA
JEREMY VELASQUEZ LOS ANGELES, CA
JOEL IPATZI VENTURA,CA
JOSE MEJIA ACABAL LOS ANGELES, CA
KARLA MORENA PANORAMA, CA
KATHERINE GUINEA PANORAMA, CA
LEVON HAKOBYAN VAN NUYS, CA
LUCIO ARANDA LOS ANGELES, CA
LUIS COTTO MONTEBELLO, CA
MARIANA MORELES-HERNANDEZ LA CRESCENTA, CA
MIGUEL ANGEL GARCIA LUNA PALMDALE, CA
ROMAN BUENROSTRO BELLFLOWER, CA
YAJAIRA VALENCIA VAN NUYS, CA
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CSUN CREA SCHOLARS
Class of 2027
Average Award Per Year $ 5 k
100 % First Generation Students 4 YRS Length of CREA Scholars Award 50 % Majoring in Affordable Housing-Related Fields
14 Distinct areas of study
100 % Students Residing in Affordable Housing
100 % Identify as African, Latinx, Asian, Arab, and Native American (ALAANA)
80 % Scholar Wrap- Around Service Satisfaction After 1st Semester
60 % 3.0 GPA in 1st Semester
California State University, Northridge (CSUN)
California State University, Northridge (CSUN) is a public university located in the San Fernando Valley region of Los Angeles, California. CSUN is known for its diverse student body, commitment to serving the local community, and strong emphasis on hands-on learning experiences. The Educational Opportunity Program (EOP) at CSUN provides services to historically low-income, historically educationally disadvantaged, first-generation college students; a population that not only reflects the diversity of CSUN’s feeder communities, but also the diversity of the university itself.
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ALEX MAGALLANES DANVILLE, IN
AMAREE CONLEY INDIANAPOLIS, IN
AMY DE LEON CICERO, IN
DAAWAN BAKER ANDERSON, IN
D’JHANEA JOYCE GARY, IN
MAKAELA WATKINS GARY, IN
GRACIE BOLES BROWNSTOWN, IN
NOMAR REYES INDIANAPOLIS, IN
RANIYA KNUCKLES EVANSVILLE, IN
KAMYA WILLIAMS INDIANAPOLIS, IN
“The most rewarding part of my college experience so far is the community I’m around, the friends and the networking. Coming to college has given me the chance to make lifelong friends and really cool connections with people.” - Nomar Reyes IU Indianapolis CREA Scholar
Scan QR code on your mobile device or go to creallc.com/ scholars to learn more about the CREA Scholars Program and read bios for students at IU Indianapolis
Indiana University Indianapolis
CREA Foundation first established its CREA Scholars program in 2022 at Indiana University (IU) Indianapolis (fka Indianapolis University Purdue University
Indianapolis “IUPUI”). IU Indianapolis is known for its strong emphasis on experiential learning, providing students with opportunities for internships, research and community engagement. Educational Equity Programs at the university empower students from populations that have traditionally been underrepresented in higher education to transition and succeed as college students. 7
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2023 EVENTS
Scholarship Golf Classic
APRIL 2023
To celebrate the new partnership with CSUN, CREA Foundation hosted its second annual Scholarship Golf Classic at La Cañada Flintridge Country Club in Los Angeles,
California. With generous support from over 20 corporate sponsors, the event fostered a day of camaraderie and a renewed dedication to expanding access to education for under- served students.
64 PARTICIPANTS
$ 131 k TOTAL RAISED
16 FOURSOMES
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CSUN Induction Ceremony
OCTOBER 2023
In 2023, CREA Foundation, in collaboration with academic partner California State University, Northridge, announced the selection of the CREA Scholars Class of 2027.
After reviewing applications and conducting interviews, leaders from CREA Foundation and CSUN selected twenty incoming freshman to each receive a scholarship averaging $5,000, starting at the onset of the 2023-24 academic year and continuing annually. This initiative aims to support their aspirations of achieving a post-secondary degree.
The program generated significant interest, resulting in a competitive application process.
“By creating the CREA Scholars Program at CSUN, CREA Foundation opened doors of opportunity for students to achieve their highest aspirations,” said CSUN President, Erika D. Beck. “We were deeply grateful to CREA Foundation for its impactful investment in our students and our mission of enabling human potential through the transformative power of a CSUN degree. We were proud to welcome the inaugural cohort of CREA Scholars at CSUN as they began their college journey, and we look forward to continuing to collaborate with CREA Foundation in building a brighter and more equitable future.”
The official induction ceremony occurred on October 15th at CSUN, where each scholarship recipient walked across the stage to begin their journey as a CREA Scholar.
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“It has helped me be successful because I’ve been able to meet different people, as well as have that support system that I definitely needed when coming to college.” - Amy De Leon IU Indianapolis CREA Scholar
Scan QR code on your mobile device to hear directly from Amy De Leon on her experience and the impact of the CREA Scholars Program.
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30 scholars & 2 university partners Maintain CREA Scholars Program with: Raise $ 520 k in total donations through 150 total donors 2024 GOALS Launch Immersive Career Mentorship Experience & Internship Program
Looking Ahead
As we progress in 2024, the CREA Foundation is more committed than ever to supporting and empowering CREA Scholars. Through the Immersive Career Mentorship Experience and Internship Program , we aim to provide students with the necessary tools to succeed in the post-graduation work environments. We are driven by our passion to make a positive impact in the lives of our scholars. The continued growth in contributions and support is a testament to this commitment. As we lay the groundwork for the third CREA Scholars cohort, we are dedicated to providing comprehensive support and mentorship opportunities to all our scholars. With the goal of raising $520k from 150 donors, we are confident that we can achieve our vision of empowering the next generation of leaders and change- makers. We are excited to see our scholars flourish and make their mark on the world.
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2023 CREA Foundation Financial Report
2023 CREA Foundation Financial Report
CONTRIBUTIONS
□ Partner & Individuals Support □ CREA Employee Contributions □ CREA, LLC In-Kind Contributions
$216,944 $60,637 $167,146
FUNDRAISING EVENTS & OTHER
□ Fundraising Event Revenue □ Less: Direct Donor Benefit Costs □ Other Revenue
$131,365 ($54,591) $16,537
TOTAL REVENUE:
$538,038
EXPENSES
□ Program services □ Management and general □ Fundraising
$15,311 $134,425 $108,302
TOTAL EXPENSES:
$258,038
TOTAL INCOME:
$280,000
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Thank You, Donors!
INDIVIDUAL DONORS
Bryan Albertelly Charles Anderson David Barnhouse Erin Barrett Tony Bertoldi Adam Bibb Jessica Birchler Brandon Bowling Stefanie Brown Bill Budd Paul Cardamon David Core Andy Dalton Carrie Daniel Shannon Donham
Amy Frist Daniel Gerber Justin Glickman
Kayla McCoy Katy McShane Thuy Miller Zachary Miller Vincent Monaco
Roger Shank Richard Shea Rick Siebert Neil Snorten Brooke Solis Ed Stone Erik Surbrook Farrah Taylor Bill Tomlinson Andy Voress Kyle Waldman Jeff Whiting Asia Williams Jonathan Yu Alex Zais
Hannah Goldstein Edmundo Gonzalez Ashley Hagan Payton Hodson Brad Howarth Arvetta Jideonwo Eli Kahan Jamie Kendall Moe Khan Mandy Laird Adam Lavelle Katelynn George Doug Loqa Gloria Marcano Neala Martin
Abby Murphy Brianna Ojata Kelli Ozdemir Tom Pereira Patricia Phillips Ben Pray Baker Prewitt Ryan Ray Mike Regan Anthony Richardson Ben Riesmeyer Justin Rumer Adrienne Schmetzer
Maddie Eadie Brian Everest Nicole Frank
CORPORATE DONORS
3 Leaf ACD Allied Argenta AMG & Associates, LLC
Comerica Bank* CRBT CREA, LLC CRP Affordable First Citizens Bank* Heffernan Foundation HomeFirst
Huntington Bank* LEDG Lincoln Avenue Capital Milestone Nottingham Studios SBV Real Estate The Michaels Organization
The Transcend Group Tidwell Group TPC Housing WesBanco*
Bank of Ozarks* Charles Schwab* CIBC*
*Indicates Investor Impact Network partners
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CONTRIBUTE TODAY
MEET OUR SCHOLARS
CREALLC.COM/FOUNDATION Helping students cross the finish line.
/CREA-FOUNDATION-INC
/CREA FOUNDATION
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