Press Releases: December 20, 2021
United Way Names Jaideep Hebbar as Vice President and Chief Strategy and Financial Officer
FOR IMMEDIATE RELEASE
CONTACT: Hannah Savage | Carbonara Group | PHONE: (713) 819-1320 |
United Way of Greater Houston Names Jaideep Hebbar as Vice President and Chief Strategy and Financial Officer
HOUSTON (Dec. 20, 2021) – United Way of Greater Houston has appointed Jaideep Hebbar as vice president and chief strategy and financial officer. With more than 20 years of experience, Hebbar will manage financial operations for one of our community’s leading social services nonprofits and one of the nation’s largest United Way organizations. The announcement comes as United Way of Greater Houston embarks on a new strategic direction that focuses more of its resources on creating opportunities for struggling individuals and families to find their pathway to financial stability.
“Jaideep is a strategic thinker and proven financial leader, and his experience in both for-profit and nonprofit organizations make him a great addition to United Way of Greater Houston,” said Amanda McMillian, president and CEO, United Way of Greater Houston. “Jaideep joins us at an exciting time as we prepare to mark 100 years of service to the Greater Houston community in 2022 and implement our Second Century Vision to help more families in our community thrive.”
Hebbar most recently served as chief strategy and financial officer for KIPP Texas Public Schools, where he was responsible for financial stewardship, data analytics, and statewide growth strategy for KIPP’s network of 60 schools. In 2018, Jaideep led KIPP through a statewide merger to enhance academic outcomes and community access. Prior to KIPP, he served as an Investment Principal at the Charter School Growth Fund (CSGF) and also spent more than a decade in private equity and investment banking with Merrill Lynch & Co.
“During my time in Houston, I have seen the tremendous impact United Way makes in creating a better tomorrow for families across the Greater Houston community,” said Hebbar. “I’m excited to join the organization at such a pivotal time with the launch of Second Century Vision. Helping more of our neighbors achieve lasting financial independence is something I am passionate about, and I look forward to being part of a group working hard to make this a reality for more local families.”
United Way’s new strategic direction is responding to the 47% of families in the four-county Greater Houston area who, even before the pandemic, were struggling to afford basic necessities, as reported in the most recent United Way ALICE Report. ALICE (Asset Limited, Income Constrained, Employed) data reports the numbers of households in our community whose incomes are not sufficient to cover monthly basic needs such as food, housing, childcare, transportation, and health care. United Way’s Second Century Vision is building upon more than a decade of United Way THRIVE experience, a collaborative model which involves more than 20 nonprofits, plus employers, community colleges, government agencies, and others in helping families clear away the barriers to their success.
Hebbar holds a Bachelor of Science in Engineering and a Bachelor of Science in Economics from the University of Pennsylvania and The Wharton School of the University of Pennsylvania, respectively.