Bank of America Impact Report

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thank you, bank of america 20 years of partnership:

Founded in 1991 as a volunteer-led little league baseball program on an abandoned lot in East Harlem, DREAM (then Harlem RBI) grew to become a nationally recognized out-of-school time program, and then further deepened its roots in education to become a leading network of charter schools in New York City.

In 2007, Bank of America first invested in Harlem RBI’s after-school and summer academic enrichment and career development programs as a Neighborhood Builder with a shared commitment to community vitality and belief in the promise of education to drive economic and social mobility for the next generation. At that time, Harlem RBI was serving 682 youth in their summer and after school programs, and had an organizational budget of $3.6M.

Bank of America’s deep investment over the last 20 years has empowered us to become one of New York City’s leading youth development organizations. Today, and now known as DREAM, we serve over 2,500 young people each year through seven charter schools and our signature extended-day, extended-year enrichment programs, with an organizational budget of $88M.

Thank you for your investment, collaboration, and your belief in the potential of our families, communities and young people.

Years of support

3.5M

Total gifts to date

1000+

Volunteer hours

500+

Volunteers

Looking back to 2015,

Bank of America presented transformative support for Harlem RBI at the iconic Yankee Stadium alongside former New York Yankee and board member Mark Teixeira, Executive Director Rich Berlin, and participants from the classes of 2017–2019. Featured here in the front row are Isaac Yearwood and Alex Ruiz, who are now on staff as a part of DREAM’s Legends team.

As

an anchor partner of DREAM’s career readiness work for 20 years, your investment has propelled DREAM to create the model for college and career success.

Bank of America makes its first $200k investment in Harlem RBI’s programs 2007

2014

2015

Project Coach: Innovating Early Professional Opportunities

Bank of America invests $500k to help DREAM “hire” 8th graders and high school students as baseball and softball coaches during the summer, providing them with their first formal employment opportunity. After initial success, DREAM replicates this with teaching and mentorship roles in their schools.

Legends Program: Launching Alumni Support

Bank of America helps DREAM deepen its support for alumni after high school. With dedicated capacity, DREAM is able to provide college and career access and support to DREAM high school graduates, our Legends.

2021

Upwards Pathways Pilot: Exploring New Postsecondary Pathways

2022-2024

Scale: Expanding Legends Program to 400+ Young People

With 100 seniors graduating from DREAM each year, Bank of America makes a $1M commitment to expand the Legends program to serve over 400 young people navigating their post-secondary pathways.

Bank of America seeds the idea of a dedicated track for students who pursue employment directly after high school graduation, and with a $500k investment, stands up as DREAM’s anchor Upward Pathways partner.

Our partnership has supported the creation of our unique and innovative Legends Program for our alumni.

Established in 2011, DREAM’s Legends college and career readiness program serves DREAM Charter High School graduates for six years with a one on one, case management model and is tailored to the needs of our students and the community. Today, we operate a dualtrack model that empowers students to pursue college or directly enter the workforce; and we provide them with the wrap-around support to succeed in their chosen pathway.

The ultimate goal is for youth to pursue and complete a best-fit postsecondary path that equips them to fulfill their vision of success and achieve a career that facilitates stability and agency.

The Legends Program provides:

One-on-one counseling and mentorship

Skills and network building

Early employment opportunities

Access to post-high school graduation education, training, and apprenticeships

And our model works: DREAM students persist in their chosen professional pathways and increasingly, in college as well. But we have more to do as we serve more young people and translate this proof point into a model for success.

100% of DREAM high school seniors are accepted into college or a post-high school graduation program

3x higher DREAM students graduate from college at a rate higher than their socio-economic peers.

With your support, we’ve learned what works best.

1. Career-aligned experiences drive long-term success.

By integrating clear career goals, diverse internship opportunities, and targeted training programs, DREAM ensures students gain the real-world experience needed to transition smoothly into meaningful careers.

2. Near-peer counseling builds trust and improves outcomes.

Empowering recent graduates to mentor younger students strengthens social-emotional learning and boosts engagement, helping students navigate key transitions and overcome challenges. 40% of the staff that work for the DREAM Legends program are Legends themselves.

3. Targeted support overcomes barriers to persistence.

Focused interventions, including skills-based development and proactive counseling, equip students to manage academic, professional, and personal demands, leading to higher retention and success rates.

your commitment has moved beyond financial support:

You’ve provided meaningful career opportunities for our young people.

Bank of America’s impact reaches far beyond its financial investments. Since 2021, up to 20 dedicated summer internships are offered at their Banking Centers in New York City every year, providing DREAM Legends with invaluable professional opportunities. Bank of America also leveraged its relationship with an existing community partner, St. Nick Alliance, and granted dedicated spots in their job training programs for DREAM students entering the workforce directly after high school graduation.

This deep level of investment has truly changed the game for DREAM’s Legends community. Over the past four summers:

63 DREAM Legends

have completed the internship at Bank of America’s Banking Centers, and 9 have participated in St. Nick’s Alliance’s job training programs.

To

date, 2 DREAM Legends

have received full time employment at Bank of America following their internships. And many others have gone on to receive meaningful career opportunities because of their experience.

DREAM Legends from the Bank of America Banking Center Summer Internship Class of 2024 include:

CAROLINA LORA
JC WILLIAMS
NASIR WEST

Bank of America employees volunteer their time in our communities.

Multiple times a year, Bank of America team members have directly volunteered their time and energy to support DREAM students and families in building social capital and professional skills in the following ways:

Mentorship and career guidance through Mock Interviews, College & Career Days, and Legends Career Conference

Holiday Food Distribution where volunteers distributed food to DREAM families during the holiday break

Customized workshops for families and students, including Financial Aid Literacy Workshops and College Savings Workshops

DREAM has also been a proud host partner for Bank of America’s Student Leaders program since 2019, and 10 student leaders have interned within DREAM’s Advancement, Programs, and Management teams for direct non-profit experience.

Bank of America leaders have remained long standing advocates of our mission.

DREAM is grateful to count multiple Bank of America leaders as trusted board members, advisors, and partners. Bank of America is among DREAM’s steadfast event supporters, and we were honored to recognize Bank of America’s leadership around our career development work at our 2023

DREAM UP fundraising event. Current stakeholders include:

KARIM ASSEF

Chairman of Global Investment Banking

Board Member since 2016

Head of Innovation for the Global Sustainable

Finance Group

Ambassador since 2014

S. OMAR EISSA

Managing Director, Investment Banking

Ambassador since 2019

We’re grateful to be building for the future, together.

Most K-12 public schools stop providing support after high school graduation.

DREAM will grow its Legends college and career success programming from serving close to 400 youth in 2024 to 1,000 young people by 2030.

Data shows that academic excellence and a high volume of career preparedness experiences are the two most important factors in achieving economic mobility.

Through new investments, DREAM will evolve the Legends program into a national exemplar. The next iteration of this work includes:

INVESTMENT in student & staff supports

Enrollment in National Association of Colleges and Employers (NACE) 30-hour career coaching certification program for all 5 Legends counselors and all 6 high school college and career counselors.

Addition of networking events and a professional development workshop series for all Legends.

Increased offerings for career exposure in K-8 classrooms.

EVOLUTION of program focus

80% of Legends will have a career aligned summer experience.

Implementing targeted professional development for high school students into school day coursework.

Increased access to certificates and trainings for all Legends.

Meet Melina

A DREAM Legend & Bank of America Intern 2024

Melina’s journey has been one of resilience and transformation. Once held back by social anxiety, she took a brave step forward by participating in a summer internship at one of Bank of America’s Banking Centers in 2024. This opportunity not only provided her with valuable hands-on experience, but also helped her build confidence and overcome some of the personal barriers that had previously made professional settings daunting.

Though Melina didn’t secure the full-time position at Bank of America after her internship, this experience became a turning point. Instead of feeling discouraged, she found herself inspired to pursue additional training and build the skills she needed to succeed. Determined to enhance her qualifications, she enrolled in St. Nick’s Alliance in the fall of 2024, where she is currently completing a Data Analytics program and plans to pursue further training in Financial Services.

Now, with renewed confidence and a clear vision for her future, she’s ready to launch into a career and work toward her ultimate goal of securing a full-time position at Bank of America.

thank you.
On behalf of the whole DREAM community, thank you.

We are grateful to count Bank of America as a partner. In the years ahead, we look forward to strengthening what we’ve built into a model of excellence for workforce development - grounded in the needs of our community and in our shared belief in all young people’s potential to recognize their potential and realize their dreams.

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