Chicago Non-Profit Owned By Pete Kadens Provides Free Tuition To All The Students

May 2024 · 3 minute read

Explore the Wikipedia details of Pete Kadens, who is a philanthropist and a serial entrepreneur.

Over the previous 16 years, he had founded three businesses that employed thousands of people.

In 2018, Crain’s Chicago named it the best-performing stock in Illinois. Pete left GTI in August 2018 at the age of 40, although he continues to serve on its Board of Directors.

Table of Contents

Pete Kadens Wikipedia & Bio

Pete is a firm believer in and an active leader of organizations that attempt to alter lives and develop communities.

He served as Chairman or Vice-Chairman of StreetWise, one of Chicago’s major homeless help groups, from 2009 to 2018, and now as Chairman Emeritus.

Pete served on the Cara Board of Directors from 2014 to 2016. He is also a member of the Cannabis Trade Federation, Chicago Innovation, and many company boards.

He also founded SoCore Energy, one of the largest commercial solar firms in the United States, in 2008.

SoCore evolved into a firm with operations in 17 states under his guidance and was recognized as one of Chicago’s most creative enterprises by the Chicago Innovation Awards.

SoCore Energy was sold to Edison International, a Fortune 500 energy holding business, in 2013. Pete was designated one of Marijuana Business Daily Magazine’s “20 People to Watch” in the cannabis sector in 2018.

Non-Profit Provides Free Tuition To All The Students

Hope Chicago, a charity that offers college scholarships for Chicago Public Schools students, will provide full scholarships to students at the public high school, 1744 W. Pryor Ave.

According to authorities, each student’s parent or guardian will also get a scholarship. The scholarship covers all expenditures at any of Hope Chicago’s 20 Illinois partner schools and universities, including tuition, housing and board, books, and fees.

Four-year public universities across the state, two-year City Institutions of Chicago, several private colleges, and trade schools are also on the list.

According to its website, the group wants to raise and invest $1 billion in scholarships and other help for Chicago kids and their parents over the next decade.

Pete Kadens Net Worth Revealed

Pete Kadens’s net worth is still under review. His net worth is estimated to be over $10 million.

He is the co-founder and former CEO of Green Thumb Industries (GTI), one of the country’s largest legal cannabis companies. The firm is publicly listed and has a market valuation of over $1.5 billion.

About Pete Kadens Family

Pete Kadens is happily married to his wife, Amy. He resides with his wife in Glencoe, Illinois, near Chicago.

The couple has a happy life with their three children, whose identities are hidden behind closed doors.

Pete was honored as a Distinguished Alumnus for Citizenship by Bucknell University in 2010, where he earned his Bachelor of Arts in Political Science.
He got included in Crain’s Chicago Business’s 40 Under 40 list in 2012.

In 2012, he was also included in Crain’s Chicago Business’s 40 Under 40 list.
Pete and Amy devote as much time as they can to their three young children’s growth and development.

ncG1vNJzZmivp6x7u7PRZ6WerF%2Bau3DDyKSgaJuYnrCis85mpaimXaW%2FsLLIrWSor56asW6u2GannqyVYriisMSnqmaooqTDqrDErGSfqpWaerXByK2gqKZdqbxurculZK2glWLAtcHDnqWtq18%3D