Executive Summary

Last Mile empowers and elevates low-income women through technical degree attainment via just-in-time basic-needs support offered with an abundance-minded investment approach. Since 53% of undergraduate women live below 200% of poverty ($51,000/yr for a family of four) and less than 20% of low-income students complete a bachelor's degree within 6 years, addressing the graduation rate among aspiring technical women represents a huge opportunity for growth. Last Mile invests in striving, low-income, undergraduate technical women with 4 or less semesters to graduation, enabling women to get to the finish line and into a high-paying career more quickly or at all. We have calculated that investing in 23,000 of these high-potential students will yield a cumulative $2.15B in additional earnings by 2031, enabling social mobility and wealth building, increasing women's contributions to technology and innovation, and kickstarting an alumnae reinvestment engine enabling long-term sustainability.

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Accomplishments

- Invested in 1500 low-income women students pursuing computing related majors.

- Grantees are 48% Black, 25% Latino, 16% Asian, 10% White, 3% Indigenous

- Produced 420 new computing graduates in 18 months

- Raised $20M towards $60M goal