Established | 2000 |
---|---|
Founder | Gerald Chertavian |
Type | 501(c)(3) Nonprofit |
Legal status | 501(c)(3) |
Purpose | Education |
Headquarters | Boston |
Location |
|
Revenue (2022) | $179.3 million [1] |
Students (2022 [2] ) | 4,000 [2] |
Website | yearup |
Year Up United 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.
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]
In June 2002, Year Up United's first class of students graduated its one-year program. [5] The program had started in Boston in 2001 with 22 students. [6]
In 2011, Year Up United established a Puget Sound program, based in downtown Seattle. [3] It opened a program in Phoenix in 2014. [7]
As of 2020, the organization worked with more than 250 companies that provided funding for the program and took on interns. [8]
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 United's longer-term impact via a five-year randomized controlled trial. The study found that the Year Up United program had a statistically significant impact on earnings. [9] In 2022, the OPRE reported that six years after completing the Year Up United 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 United's programs. [2]
Year Up United's program includes job skills training and internships in a corporate environment, [9] for underserved students who have a high school diploma or equivalent, but have not received a college degree. [2] [10] [4] [11] [12] [13] As of 2024, the program was aimed at young people and accepted participants aged between 18 and 29 years old. [14]
The organization also runs a program providing materials and resources to other training providers working with students, including community colleges. [15]
The majority of funding for Year Up United is provided by its corporate partners. [9] Additional funding is provided by sponsorships, donations and public funding, the latter of which represented 2% of the organization's budget as of 2018. [16] In 2022, Google announced it was working with Year Up United and two other job training programs to provide funding and course content. [11] Also in 2022, Year Up United received a grant of $3 million from the private equity firm Blackstone Inc. [15]
Job Corps is a program administered by the United States Department of Labor that offers free education and vocational training to young people ages 16 to 24.
An internship is a period of work experience offered by an organization for a limited period of time. Once confined to medical graduates, internship is used to practice for a wide range of placements in businesses, non-profit organizations and government agencies. They are typically undertaken by students and graduates looking to gain relevant skills and experience in a particular field. Employers benefit from these placements because they often recruit employees from their best interns, who have known capabilities, thus saving time and money in the long run. Internships are usually arranged by third-party organizations that recruit interns on behalf of industry groups. Rules vary from country to country about when interns should be regarded as employees. The system can be open to exploitation by unscrupulous employers.
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A grant is a financial award given by a government entity, foundation, corporation, or other organization to an individual or organization for a specific purpose. Unlike loans, grants do not need to be repaid, making them an attractive source of funding for various activities, such as research, education, public service projects, and business ventures. Examples include student grants, research grants, the Sovereign Grant paid by the UK Treasury to the monarch, and some European Regional Development Fund payments in the European Union.
Business education is a branch of education that involves teaching the skills and operations of the business industry. This field of education occurs at multiple levels, including secondary and higher education
The Congress-Bundestag Youth Exchange is a youth student exchange program founded in 1983. The program, which is jointly sponsored by the United States Congress and the German Bundestag, funds exchange programs for German and American students through grants to private exchange organizations in both countries. The funding in the United States is administered by the Bureau of Educational and Cultural Affairs of the United States Department of State.
Cristo Rey New York High School is an American college preparatory, Catholic high school located in the East Harlem neighborhood of the Manhattan borough of New York City, New York.
A business–education partnership is an agreement of collaboration between schools and businesses, unions, governments or community organizations. These partnerships are established by agreement between two or more parties to establish goals, and to construct a plan of action for achievement of those goals.
In the Dominican Republic, education is free and compulsory at the elementary level, and free but non-mandatory at the secondary level. It is divided into four stages:
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The program's first 20 students graduate today and, armed with their experiences, 14 have landed jobs that will pay them an average of $ 35,000 a year.