Project Destined

Overview

Project Destined is a 501(c)(3) non-profit organization dedicated to providing training in financial literacy, entrepreneurship, and real estate. Founded by former Carlyle Group executive Cedric Bobo, the organization aims to empower students from diverse backgrounds by offering them opportunities to learn about the real estate industry.

Mission and Activities

Since its inception in 2016, Project Destined has expanded its reach to over 15,000 students across the globe, incorporating more than 1,000 schools into its network. The organization focuses on bridging career uncertainty with career opportunities through educational programs. Students participate in comprehensive training sessions, which include virtual internships where they engage with real-world real estate transactions and present investment pitches to industry professionals.

Programs and Partnerships

Project Destined collaborates with renowned real estate firms such as Blackstone, Brookfield Properties, CBRE, Greystar, JLL, J.P. Morgan, KKR, Starwood, and Wells Fargo, among others. This network provides students with a pathway to secure internships and full-time positions within the real estate sector. Approximately 70% of Project Destined's alumni find employment within a year of completing their programs.

Impact and Recognition

The organization is recognized for its social impact in creating diverse pathways for students to enter the commercial real estate industry. Executive testimonials from leading industry figures highlight Project Destined's groundbreaking efforts in promoting financial literacy and entrepreneurial skills among under-resourced communities.

Financial Overview

Project Destined primarily relies on contributions, which account for over 99% of its total revenue. The organization maintains a lean operational structure with minimal compensation for its leadership and officers, focusing its resources on program development and student support.

Governance and Leadership

Cedric Bobo, the founder of Project Destined, plays a pivotal role in the organization's governance. The board includes diverse professionals committed to advancing the mission of empowering students through real estate education.