GOLD2023

CATALYST NETWORK FOUNDATION INC

CNF: Building Future Leaders & Supportive Communities 1 School at a Time

aka CNF   |   Brooklyn, NY   |  http://catalyst-network.org/

Mission

The Catalyst Network Foundation Inc. (CNF) is a non-profit education initiative 501(c)(3) organization based in New York City and Washington, D.C. The social enterprise is fundamentally grassroots, steered by a volunteer leadership team in New York City and Washington, D.C. In July of 2012, Ranking Congressman Ed Towns awarded a proclamation to the Foundation, in recognition of the organization’s achievements. Founded in 2011, the nonprofit focuses on life enrichment and professional development, with a mission to engage high-potential youth (ages 14-25) by providing the essential tools, networks, skill-building projects, and development opportunities to maximize talent. CNF holds a Summer Intensive Program for rising high school juniors and seniors in New York City and Washington, D.C. Successful applicants are enrolled at a CNF partnership high school. Each student receives individualized attention and internships in preparation for higher education and community service. The fellowship scholars are trained from day one: they tour corporate offices, pitch business ideas, and develop professional skills. More than 200 students have been admitted to the Fellowship Program and are CNF Fellows, 99 percent have graduated high school, and 98 percent enrolled in higher education institutions (including prestigious colleges and universities). Since 2011, the Fellows have experienced corporate tours and/or pitched capstone presentations and interventions for inner-city school challenges to several companies, including: Google, Goldman Sachs, NIKE, LinkedIn, Morgan Stanley, Microsoft, HBO, Covington & Burling LLP, GAP, Bloomberg, BET, NPR, The Carlyle Group, and Kaye Scholer LLP. The Youth Initiative annually holds business, law, and tech symposiums at Google; college fairs; resume development, career, and college preparatory workshops throughout the academic school year, instructing more than 2,000 high school students in the aforementioned metropolitan areas.

Ruling year info

2013

Executive Director

Mr. Laurel Djoukeng

Main address

1291 St. Marks Avenue

Brooklyn, NY 11213 USA

Show more contact info

EIN

45-4513348

NTEE code info

Youth Development Programs (O50)

Professional Societies, Associations (W03)

Secondary/High School (B25)

IRS filing requirement

This organization is required to file an IRS Form 990-N.

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Uplifting black and brown youth through mentoring and individualized career and leadership development, by partnering with high schools to recruit participants, and understanding a society thrives on its investments from community members and private businesses in the youth.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Summer Intensive Program

Taking your potential to the next level can be an exciting and rewarding experience. Having a strong support team, like the Catalyst Network Foundation, makes it possible. With active and engaging programs focused on your potential, realizing your ambitions will come naturally. The Catalyst Network Foundation identifies your gifts and talents and then creates a personal plan for you to develop personally and professionally. We hold workshops to improve your writing, teach you how to present yourself and your ideas and effectively network. Our approach is to expose you to skills and resources and then allow you to practice those new skills. In addition, we provide opportunities for you to experience work in your area of interest, with training, internships and even jobs.

What we provide you is unique. In our role, we strive to guide you along your desired path for success by connecting you with people and experiences from your community. Based on your needs, in academics or for a career, we assist you in achieving your goals.

Our youth programming is based on our two-week Summer Intensive Program.

Population(s) Served
Adolescents
Economically disadvantaged people

Where we work

Awards

Proclamation issued by Ranking Member, Congressman Ed Towns for recognizing the achievements of the Catalyst Network Foundation Inc. 2012

Ranking Congressman Edolphus Towns

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The power of our society stems from the way individuals allocate their resources, both financial & intangible. By initiating partnerships between community groups & individuals, CNF creates a synergy of resource allocation, support & opportunity between its members & local businesses, or public and private institutions, to uplift students and strengthen communities.

Partnering with public schools as the primary population to recruit participants, our foundation understands that a society thrives on its investments from community members and private businesses in the youth. The power of our society stems from the way individuals allocate their resources, both financial and intangible (i.e., time, energy, etc.). By initiating partnerships between community organizations and individuals, CNF creates a synergy of resource allocation, support and opportunity between its participants and local businesses, or public and private institutions, to push students to succeed.

CNF begins by identifying career aspirations and connecting participants with resources related to their goals to support them in developing a plan. In order to identify career aspirations and resources, CNF connects students with young adult mentors who assist in supporting student participation in workshops and apprenticeships while forming a hands-on plan that meets their identified goals. The essence of CNF is to be a catalyst that holistically addresses the issue of poverty and economic instability by linking individuals, communities and resources to lead to achievement of personal goals and community objectives that drive economic opportunity and development.

The organization is truly grassroots, the leadership team in New York City and Washington, D.C. all volunteer and steer the nonprofit.

CNF parterns wtih 12 high schools, some of our industry partners are the Black Student Fund, The Latino Student Fund and All-Star Code. Our corporate partners include Google, Goldman Sachs, NIKE, LinkedIn, Morgan Stanley, HBO, Microsoft, Covington & Burling LLP, GAP, BET, Essence Magazine, NPR, Kaye Scholer LLP, Bank of America Merrill Lynch, Hughes Hubbard Reed LLP, Bloomberg, Peebles Corporation, Infor, Deloitte, FOX News, and NBC Studios.

More than 200 High School students have become CNF Fellowship Scholars. Since 2011, the Fellows have participated in corporate tours and create or pitched presentations about inner-city school challenges to several corporations, including: Google, Goldman Sachs, NIKE, LinkedIn, Morgan Stanley, HBO, Microsoft, Covington & Burling LLP, GAP, BET, Essence Magazine, NPR, Kaye Scholer LLP, and Hughes Hubbard Reed LLP. CNF has held career and college preparatory workshops throughout the past 5 years, educating over 2000 high school students in the aforementioned metropolitan areas.

Financials

CATALYST NETWORK FOUNDATION INC
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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CATALYST NETWORK FOUNDATION INC

Board of directors
as of 03/20/2023
SOURCE: Self-reported by organization
Board chair

Laurel Djoukeng

Catalyst Network Foundation Inc.

Term: 2016 -

Ethel Tyus

NYC Office of The Comptroller

Liston L. Baylor

The Baylor Companies

Eric L. Adams

New York City

Richard M. Fearon

Accretive Capital Partners

Judith E. Katz

On Target Strategies

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 3/20/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 01/18/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.