Oakland Promise FY 2024 Annual Report

AGES: 5 and under

Our Brilliant Baby program puts Oakland children under age 5 on a path towards college by establishing $500 college savings accounts for them and connecting caregivers to community resources to give each child the best possible start to their academic journey. In addition to the college savings accounts, Brilliant Baby provides financial literacy classes and financial coaching to their caregivers, as well as monthly workshops on topics such as child development, early literacy, and the importance of pre-kindergarten school attendance. Serving Oakland children born in Alameda County who meet income eligibility, Brilliant Baby offers programming in English, Cantonese, Mam, and Spanish to encourage families to start saving early and to view education as a realistic possibility for their kids.

In our organization many of our participants are low income and most people are living day to day. They don’t have access to more than what is available today and to be able to plan for tomorrow is not a possibility. Oakland Promise is offering the possibility of tomorrow.” KRISTA H. Mother, BElovedBIRTH Black Centering

692 Babies were enrolled in our Brilliant Baby program - a 56% increase from last year 84% of Brilliant Baby caregivers surveyed expect their children to attend college after one year in the program 70% of eligible Brilliant Baby caregivers opted in to financial literacy coaching through Oakland Promise and affiliated partners

Estoy muy agradecido con Oakland Promise porque les han dado una cuenta de 500 dólares a mis dos hijos. Tengo dos cuentas para ellos, pero mi primer hijo de cuatro años ya esta creciendo su ahorro. Entonces estoy muy agradecido, muchas gracias por darles un futuro a los niños. También me ha servido mucho participar en las juntas que hacen cada mes. He sacado mucha información importante. Los coaches también nos han ayudado mucho para instruir a los niños y nos dan buenos consejos. Gracias.” MARIA V. Mother, Brilliant Baby Parent Volunteer

PROGRAM PARTNERS

rita zhang Marisela Sanchez Rebecca Contin Financial Capability Investment

Erika Wei Sadie Williams Unity Council UCSF Benioff Children’s Hospital - Oakland Lotus Bloom

Brighter Beginnings NORC La Clínica Oakland Unified School District

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2024 ANNUAL REPORT | 13

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