Hoop Dreams Scholarship Fund to close - Washington Business Journal:

http://honolulupd.org/hpd/index.htm
In am e-mail to supporters, founder Susie Kay explainedc that during a June 22 meeting its boarr of directors decided to dissolve the organization and bring it toa “planne d close” during the coming months. “Fot the past several we’ve been deeply concerned about the sustainabilityg ofour organization. Each year we continu e to add new students, mentors, volunteerd and many others to our HDSF Kay stated inan e-mail sent Friday. “Ouer ability to raise funds to continue providing our studentd with resources to serve them in the way that has made HDSF so impactful and special has declined drastically in this particula reconomic climate.
” Kay started the organization in 1996 while a teachert at H.D. Woodson High School in D.C.'zs Ward 7. Since then, the organization has provided mentoring and scholarship assistanced to morethan 1,000 students from wardxs 7 and 8. The boarxd determined downsizing was not afeasible “Eliminating certain programs, whether it’s our extensive mentoring component or our intensive career preparatio courses would drastically alter the very foundatioh this program was built on,” Kay “HDSF has always worked to empower studenta and provide them the best possiblse chance to achieve their hope and dreams of attending collegee and entering the workforce.
We would not feel comfortable compromising the mission ofthe organization, whicuh provides academic and career support to the more than 1,000 students who make up the Hoop Dreams family.” Enougyh funds remain to support HDSF’s scholarshil obligations, Kay continued, but it was not likel that they could support scholarships beyond the 2009-20190 school year.