b'Letter from the CEODear poverty-fighting friends,We are part of something more meaningful than anything we couldOur focus for the next several years is to make all the poverty-achieve individually. The Slingshot Community is a group of caringfighting knowledge weve developed easily accessible to the and talented people who refuse to accept the status quo when itcommunity. To do this, we are embracing a product development comes to poverty. We know a more evidence-based and analyticalmindset to create a series of tools that make it easy to incorporateapproach can fundamentally change the trajectory of poverty, notevidence and analysis into poverty-fighting decisions. We will only in Memphis but also for so many other communities. Together,become the one-stop location for all things related to effectively we are revolutionizing poverty-fighting effectiveness by ensuringfighting poverty and we will flood the community with these insights.those experiencing poverty receive the services that provide them the greatest opportunities to thrive. Slingshots work would not be possible without our exceptional team. These 16 professionals are highly trained, with all having a bachelors Over the past two years, Slingshot Memphis has emerged as adegree and collectively having 15 graduate degrees. Weve attracted preeminent poverty-fighting center of influence. We have growntalent from across the globe, with 25 percent of our team from to study more than 50 diverse poverty-fighting organizations,outside the United States. We take inspiration from St. Jude and built a growing library of over 700 high-quality research articlesits incredible success in the fight against childhood cancer. This with evidence-based best practices, and launched a workforcesuccess was achieved because they invested in exceptional medical development initiative, MemWorks, that solves a previouslyprofessionals and provided them with the resources to perform the unanswered question: What is preventing Memphians experiencinghighest-quality research and medical care. Slingshot is doing the poverty from accessing and retaining living-wage jobs? same thing for the fight against poverty!Slingshot is making poverty-fighting more effective, which directlyOur work makes poverty-fighting more effective, but only if people improves the quality of peoples lives. 80 percent of the organizationsknow about it and use it. Your efforts sharing Slingshots work with we studied acted on an opportunity for greater impact identifiedothers and inviting them to support this transformational mission in their impact study. Funders such as The Urban Child Institutewill accelerate the poverty-fighting revolution and enable a more and the T.W. Briggs Foundation use Slingshots work to help informequitable Memphis. their philanthropy. Slingshots Accelerate Impact Fund generated an estimated 1.76x poverty-fighting return on investment in 2023.Thank you for being part of the Slingshot Community!Our work is being incorporated into important community efforts,Jared V Barnettincluding City of Memphis Mayor Youngs transition plans andCEO, Slingshot MemphisRecompete, a $20 million federal workforce development grant.2023 Annual Report| 1'