Gateway to Leadership

Gateway to Leadership

New York, NY
Tax ID26-0270711

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About this organization

Revenue

$206,402

Expenses

$64,433

Website

mminst.org

Mission

See schedule O

About

See schedule O

Interesting data from their 2019 990 filing

The gateway to leadership foundation, administered by the money management institute, supports programs to foster career awareness and workforce readiness for students of color from historically underrepresented communities, particularly african americans and hispanics, seeking internships and entry-level employment opportunities in the financial services industry. programs 1-4 (career awareness, industry education, summer internship access and summer intern experience) are designed to better educate minority students about the financial services industry with the purpose of expanding and improving the candidate pool for full-time entry level positions at mmi member firms. program 5 (full-time entry level) will connect hiring firms with diverse, entry level talent seeking full-time job opportunities. this program will evolve over time as more students participate in the foundation's earlier programs and become top candidates for full-time, entry level employment opportunities.

  • Revenue reported was $105,874.
  • Expenses reported were $109,807.
  • Other expenses reported $30,201.
  • The non-profit reported a excess or deficit for -$3,933.
  • Other compensation reported was $42,083.
  • Contributions, gifts, and grants reported were $96,137.

Accomplishments

  • In july 2018, the mmi hired a full-time dedicated employee to manage the gateway to leadership program concluding the formal relationship with the united college fund (unicef) and the hispanic association of colleges and universities (hacu) to source diverse candidates for internships and full-time entry-level opportunities at mmi member firms. in 2018, the gateway to leadership program launched two student cohorts in two cities, with two distinct delivery models overseen by an advisory group. forty-seven college students were enrolled in the 2018-2019 gateway to leadership pre-professional financial industry training program in philadelphia and new york city. mmi has continued to work directly with member firms to enroll their self-recruited diverse interns into the gateway program to benefit from the industry training and exposure to industry professionals. mmi added more educational content and activities to the program experience such as monthly firm-hosted experiences, netmeetings with industry leaders, thematic workshops, networking receptions with industry insiders, and invitations to attend mmi industry events. additionally, gateway now offers annual "student experience" scholarships as part of a career awareness initiative, inviting local students to attend the mmis annual conference and sales & marketing leadership summit. Expenses $0.

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