
                      
                      
                    
                    Click 
                    
                    
                    here for answers to specific questions about how the 
                    closing may impact you. 
                      
                      
                      June 25, 2009 
                    
                    
                    Dear Special Friend of Hoop Dreams Scholarship Fund (HDSF),
                    
                    
                     
                    
                    
                    This note is certainly one of a different nature than any I 
                    have written during the past 13 years. 
                    
                    
                    It is with a heavy, humbled and very grateful heart that I 
                    let you know that we have made the very difficult decision 
                    to bring the operations of The Hoop Dreams Scholarship Fund 
                    to a planned close, which will take place over the next few 
                    months. The HDSF Board of Directors on June 22, 2009 made a 
                    very responsible decision to adopt a resolution to 
                    dissolve our organization. 
                    
                    
                    This decision was made after a great deal of thoughtful 
                    deliberation and analysis. For the past several years, we've 
                    been deeply concerned about the sustainability of our 
                    organization. Each year we continue to add new students, 
                    mentors, volunteers and many others to our HDSF network. Our 
                    ability to raise funds to continue providing our 
                    students with resources to serve them in the way that has 
                    made HDSF so impactful and special has declined drastically 
                    in this particular economic climate. 
                    
                    
                    Some have asked a very reasonable question: why not just 
                    downsize the organization and hope to see another day?  
                    
                    
                    Downsizing is not an option because HDSF has been so 
                    impactful over the years primarily because of the myriad 
                    programs we offer to our students. Eliminating certain 
                    programs, whether it's our extensive mentoring component or 
                    our intensive career preparation courses would drastically 
                    alter the very foundation this program was built on. 
                    HDSF has always worked to empower students and provide them 
                    the best possible chance to achieve their hopes and dreams 
                    of attending college and entering the workforce. We would 
                    not feel comfortable compromising the mission of the 
                    organization, which provides academic and career support to 
                    the more than 1,000 students who make up the Hoop Dreams 
                    family.  
                    
                    
                    We will continue operations and remain a support system for 
                    all our constituents, in a reduced capacity, through the 
                    fall. 
                    
                    
                    We are extremely fortunate to have enough funds in reserve 
                    to be able to fulfill all of our existing obligations. The 
                    students in our program who recently graduated high school 
                    will receive their 2009-2010 scholarship awards in full. And 
                    our students currently matriculating through college who 
                    were awarded renewal scholarships will receive their full 
                    awards too. What we can not do, however, is promise 
                    scholarship dollars beyond the 2009-2010 academic school 
                    year. With our new fiscal year beginning September 1, 2009, 
                    and the likelihood of raising enough funding to sustain our 
                    organization for another year bleak at best, we did not want 
                    to risk the likely scenario in which we ran out of funding 
                    abruptly and were unable to fulfill our obligations to all 
                    of the extraordinary people who make up HDSF.  We are now 
                    focusing on the painstaking details of ensuring that we wind 
                    down the organization in the most respectful and responsible 
                    way possible. 
                    
                    
                     While Hoop Dreams will be dissolved, we will work 
                    diligently on ways in which the spirit of Hoop Dreams may 
                    live on and continue to benefit the kinds of deserving young 
                    people who inspired me to start the organization back in 
                    1996.  
                    
                    
                    On a personal note there are no words to express the depth 
                    of gratitude and love I feel for so many that have believed 
                    and supported this journey through the years. 
                    
                    
                    Nearly 20 years ago, when I first walked through the doors 
                    of H.D. Woodson High School, to teach 12th grade American 
                    government - in the heart of Ward 7, an incredible life's 
                    journey unfolded. The love I felt for my students, young 
                    people who defy all odds in the heart of our Nations 
                    Capitol, and who have a will and determination to succeed in 
                    spite of extremely tough circumstances, is all the 
                    inspiration a school teacher would ever need. Over the past 
                    couple decades my students taught me, and so many others, so 
                    much more than we could ever teach them. They remain a 
                    constant reminder of what it means to persevere and to defy 
                    the odds! 
                    
                    
                    I have been driven by the unmistakable sense of disconnect 
                    that our students experience on a daily basis. They grow 
                    up a few miles from Capitol Hill and all its power, but it 
                    often feels like the two sides of Washington are worlds 
                    apart. Our students deserve all the support and empowerment 
                    in the world and I plan to remain committed to them in some 
                    form and I hope you will too. During the past 13 years HDSF 
                    has worked to bring these two worlds together in pursuit of 
                    building trust, faith and bridges to bring us closer 
                    together. 
                    
                    
                    Because of your support, belief, love, generosity, faith and 
                    commitment through the years you have helped take us on 
                    a journey that allowed 1,000 D.C. students to attend 
                    college, and to be empowered through mentoring, career 
                    preparation, SAT preparation through the Princeton 
                    Review, and to receive academic college scholarships and so 
                    much more. 
                    
                    
                    My Father, Captain Howard N. Kay, who passed away in 
                    1997, reminded me throughout his life that the purpose of 
                    our being here is the impact we can have on someone else's 
                    life.
                    
                    
                    I thank you from the bottom of my heart for making this all 
                    possible.  
                    
                    
                    The sprit of HDSF and what we have done together will live 
                    on in all of you and most certainly all of our extraordinary 
                    young people. 
                    
                    
                    We do hope to have a possible closing gathering to celebrate 
                    and thank you for all the wonderful work you all helped Hoop 
                    Dreams accomplish. We will be in touch with you about the 
                    details. The many memories and academic and professional 
                    resources we've offered over the past 13 years will be 
                    preserved on our web site:
                    
                    www.hoopdreams.org.
                    
                    
                    
                    Click 
                    
                    
                    here for answers to specific questions about how the 
                    closing may impact you. 
                    
                    
                    With sincere love and appreciation, 
                    
                    
                    Susie Kay