nothin Wells Fargo Gives $300K “Promise” | New Haven Independent

Wells Fargo Makes
A $300K Promise”

The city is getting a boost from two donors for its nascent effort to encourage public school kids to go to college.

Wells Fargo plans to donate $300,000 toward New Haven Promise, the company announced in a press release Wednesday. A second donor, Yale-New Haven Hospital, will contribute an unspecified amount as well.

Wells Fargo’s contribution will go toward a new partnership between the public schools and an outfit called College Summit, according to Kevin Burke, a commercial loan officer and senior vice president with the bank.

College Summit is working to create a College Corps” of volunteers, including local graduates, who will go door to door” to work with families to get their kids ready for college. It will help students write essays and fill out applications, and develop a new college readiness curriculum for grades K to 12.

Only 50 percent of New Haven Public School graduates enroll in a second year of college within two years of graduating from high school, according to the most recent data. The district has set a goal to boost that number to 55 percent for current high school seniors, and another 5 percent for each subsequent grade.

The College Summit piece aims to support the main component of New Haven Promise, a scholarship program that guarantees up to full college tuition for city high schoolers who keep a 3.0 grade point average and show up to class. New Haven Promise is funded by Yale University and the Community Foundation For Greater New Haven.

Burke said the donation comes from the Wells Fargo Foundation, which focuses on tackling the achievement gap in grade school and supporting secondary education.

The bank plans to make a formal announcement on Friday at 10 a.m. at the Metropolitan Business Academy.

The contribution comes as the bank takes on a greater philanthropic role in New Haven on the heels of a merger with Wachovia bank.

Melissa Bailey Photo

From left: Justin Welsh of Wells Fargo, Wendy Samberg of Gateway, Kevin Burke of Wells Fargo, Gateway President Dorsey Kendrick, and Gateway grantwriter Carol Pompano.

The Wells Fargo Foundation also made a $30,000 contribution in the fall to support a middle college” initiative run by Gateway Community College, Burke announced in a press event Tuesday. The donation expands a pilot program that has been going on at the Cooperative Arts and Humanities High School, where 25 ninth and 10th graders get extra tutoring and take classes at Gateway for credit. With the extra money, the school district is expanding the program to James Hillhouse High and New Haven Academy.

Gateway officials accepted a ceremonial check (pictured) for that contribution Tuesday. Gateway President Dorsey Kendrick, who just got appointed to the New Haven Promise board, said the middle college program helps kids earn up to 35 college credits, and prepares them by completing remedial work before starting college.

Success is about completion,” Kendrick said.

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