813858986
2017
Washington, DC 20009 USA
projectdestined.com
3949982
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.
[1] https://projects.propublica.org/nonprofits/organizations/813858986 [2] https://www.marcusmillichap.com/careers/new-to-the-industry/projectdestined [3] https://projectdestined.com [4] https://causes.benevity.org/causes/840-813858986 [5] https://www.guidestar.org/profile/81-3858986
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About the organization
- p.27 -
Since 2016 Project Destined has provided 15000 students across the globe with training in real estate entrepreneurship and financial literacy 70 of our alums secure a job within 1year of completing the program Illustrative Outcomes Cristina Ciacciarelli Baruch College Class of 2024 Ismael Almanzar University of Miami MBA Class of 2023 LoriLee Stennett Howard University Class of 2025 We connect 250 firms to our growing community of 15000 students across 1000 schools providing targeted support in Executive Testimonials Luke Petherbridge CEO of Link Logistics As the industrial real estate sector continues to grow Link Logistics is focused on investing in the next generation. Our firm recently collaborated with the nonprofit Project Destined to host their inaugural Industrial Real Estate Bridge Program with 30 students being selected to join. I am grateful to have been able to share my thoughts with these young leaders and will be pulling for their success. Robin Hughes CEO of Housing Partnership Network My 35year career leading affordable housing development and operations in California and now helming a national network of strong independent organizations has been rewarding and meaningful.
