Former NBA all-star and Oak Park, California, native Kevin Johnson started St. Hope in 1989 with the desire to revitalize his hometown community. It started in a portable classroom at Sacramento High School as an after-school program named St. HOPE (Helping Others Pursue Excellence) Academy. It has since become a nonprofit community development corporation that includes a K-12 independent public charter school district comprised of six schools. St. Hope has funded $11 million in development in Oak Park, birthing 14 businesses, 282 jobs, and several renovation projects. Its mission is to revitalize inner-city communities through public education, civic leadership, economic development, and the arts.
BLACK ENTERPRISE: What’s the state of U.S. public schools?
Kevin Johnson: There is an education crisis affecting all schools. The current graduation rate, according to some studies for all high school students, is a disappointing 71%. This number is reduced to 56% for African American students and 52% for Latinos. Sure, crime rates, drug activity, socioeconomic background, and per-pupil spending, among
BE: What are the goals of this initiative?
Johnson: Our goal is simple: to create the finest urban schools in the country where all students graduate and enroll in four-year universities without the need for remediation.
BE: How did you raise capital for this project?
Johnson: We received financial support from several major benefactors, including the Bill and Melinda Gates Foundation, the Carnegie Foundation, and the Walton Family Foundation. We are extremely fortunate to also have a business and philanthropic community that believes in St. Hope.
BE: How does real estate fit into your goals for St. Hope?
Johnson: We firmly believe you cannot truly empower a community unless education and economic development opportunities are combined. Our
‘BE: What can other entrepreneurs do to help?
Johnson: Learn more at sthope.org. I am [also] part of a national campaign called Stand Up that promotes awareness of this crisis and attempts to mobilize all Americans to demand a solution. Log on to standup.org.