What are the responsibilities and job description for the (Hybrid) June 2025 - May 2026 Community Impact Internship - (Household Wealth) position at The Chicago Community Trust?
Job Description
Internship Title: Community Impact Internship Household Wealth Strategy
Description:?This is a yearlong internship (June 2025 - May 2026) in which students will be closely integrated within our Community Impact strategy of Household Wealth.
Household Wealth (HW) Strategy
Addressing the wealth gap at the household level by increasing incomes, building assets, and reducing debt.
Household wealth is about much more than income equality.
Its about leveraging opportunities over the course of a lifetimefrom paying for a college education to buying a house and saving for retirementthat allow individuals and families to build assets, have financial security, and pass wealth along to the next generation.
Background
Research shows that homeownership and entrepreneurship are the building blocks of wealth generation for households of color. In fact, homeownership is the single largest source of wealth for Black and Latine families in the Chicago region, and the median net worth of Black entrepreneurs is 12 times that of peers who dont own a business.
The Opportunity
However, historically and to this day, people of color have encountered barriers to accessing the tools to become homeowners and business owners. To close the wealth gap at the household level, we must address the policies and practices that have expanded opportunities for white families to generate wealth while excluding Black and Latine families.
Our Approach
To create lasting solutions to our regions most pressing challenges, the Trust supports and leads efforts to build public knowledge and will around key issues; strengthen the public policy landscape; and advance policy and systems change.
Expected Assignments
Hours per week:?30 hours per week until September 2025; 21 hours from September 2025 - May 2026 (2 days in office; 1 day remote)
Internship Timeframe:?June 17th 2025 - May 21st, 2026
Application Materials
Interested candidates should submit the following:
Required Experience
Ideal majors: Rising Junior - Graduate level Public Policy; Political Science; Public Administration; Urban Planning; Sustainable Urban Development; Community Development; Social Science, Economics; Business; Social Work; Law; or other related fields.
Requirements
Internship Title: Community Impact Internship Household Wealth Strategy
Description:?This is a yearlong internship (June 2025 - May 2026) in which students will be closely integrated within our Community Impact strategy of Household Wealth.
Household Wealth (HW) Strategy
Addressing the wealth gap at the household level by increasing incomes, building assets, and reducing debt.
Household wealth is about much more than income equality.
Its about leveraging opportunities over the course of a lifetimefrom paying for a college education to buying a house and saving for retirementthat allow individuals and families to build assets, have financial security, and pass wealth along to the next generation.
Background
Research shows that homeownership and entrepreneurship are the building blocks of wealth generation for households of color. In fact, homeownership is the single largest source of wealth for Black and Latine families in the Chicago region, and the median net worth of Black entrepreneurs is 12 times that of peers who dont own a business.
The Opportunity
However, historically and to this day, people of color have encountered barriers to accessing the tools to become homeowners and business owners. To close the wealth gap at the household level, we must address the policies and practices that have expanded opportunities for white families to generate wealth while excluding Black and Latine families.
Our Approach
To create lasting solutions to our regions most pressing challenges, the Trust supports and leads efforts to build public knowledge and will around key issues; strengthen the public policy landscape; and advance policy and systems change.
Expected Assignments
- Develop with HW and Learning and Impact a plan for engaging and convening Income grant recipients culminating in a symposium for Income Strategy; assist with wealth building jobs strategy
- Coordinate with grant partners to implement the first "Stay in Place" cohort, a group of organizations working to provide direct home repair services to long-Chicago homeowners and seniors
- Review existing impact frameworks for funding programs to determine alignment with priorities; make recommendations based on past grantmaking.
- Participate in meetings with potential grant applicants, documenting important information, providing feedback on alignment with strategic priorities.
- Other duties as assigned.
Hours per week:?30 hours per week until September 2025; 21 hours from September 2025 - May 2026 (2 days in office; 1 day remote)
Internship Timeframe:?June 17th 2025 - May 21st, 2026
Application Materials
Interested candidates should submit the following:
- Resume
- Cover Letter
- Applications will be accepted until March 31st, 2025.
- Due to the high volume of applicants, the Trust will only contact students directly if selected to proceed to our phone interviews and in-person recruitment event held on April 28th, 2025.
Required Experience
Ideal majors: Rising Junior - Graduate level Public Policy; Political Science; Public Administration; Urban Planning; Sustainable Urban Development; Community Development; Social Science, Economics; Business; Social Work; Law; or other related fields.
Requirements
- Microsoft Excel
- Critical thinking
- Data visualization
- Presentation skills
- Writing skills
- Complex problem-solving skills
- Must have reliable technology to access the Internet and proficiency with Miro, Zoom and other remote workspace tools
Salary : $20
