Celebrating 15 Years Futures and Options empowers New York City’s underserved youth to explore careers and

Mission guides them to further their

Our education and become productive citizens of the community.

On the cover: Clockwise from top: Interns William Li, Joseph Smith, Yong-Hang “Tommy” Wang, Morolake Thompson, Anthony Castillo, and Samantha Hinkson. A Message from the Chairman of the Board & Executive Director contribute to a21 women acquire skillsandeducation tosucceedinand marking our 15thyear helpingmotivated young menand yearThis isamilestonefor Futures andOptions: We’re Dear Friends andSupporters, Directors Board of Chairman, E.Hessler Stephen With regards, ourwarmest brighter future. aneven our champions -andfor inspiringouroptimismof youth anditsbusiness community. you Thank for being we expanding willkeep opportunitiesfor bothourcity’s talentedyouth. With your support, tap intoourpipelineof the Futures andOptionsprogram. Businessesare eagerto beyond. Eager, motivated young peopleare ready tojoin We’re lookingforward tothenext 15years and dreams. the supportneededfor ouryoung peopletorealize their giving usreasons tocelebrate, encouragementtogrow, and welcome thosewho joinedusthis year. you Thank for partners. We appreciate deeply ourloyal and supporters ourselves blessed tocountsomany businesses asour 9/11toourrecent expansion. We consider devastation of us through ourfounding years -through thetraumaand also salutesthepeoplewhose sustained visionandenergy year’sThis annual report recaps our15-year history. It to say, awin-winproposition. Itis,highly supportedinterns. asourbusiness like partners an emerging workforce withourpre-screened, trained and and accesstotheeconomicmainstream; businesses tapinto the solution. Young menandwomen career gain readiness stronger, andFutures andOptionsisproud tobepartof need toconnectyouth andbusiness hasnever been public highschool rate graduation hovers at 63%. The New York City’s teenunemployment rate isat 36%. Our professional environment. work experience, how tosucceedina ourstudentslearn and multinational corporations. Through that invaluable enthusiasm withmore than300smallbusinesses, nonprofits Futures andOptionsstudentshave shared and theirenergy for motivated youth toexplore careers. Since1995, business partners. they Byhiringourinterns, opendoors achievement ismadepossible by our recordThis of education. from95% graduated highschool acollege andpursued those, career development programs. Of andinternship Since 1995,more than1,800studentshave completedour st -century global economy! global -century Executive Director Patricia S. Machir

As president of The Charles Hayden Foundation Internship directors and the Downtown- Program’s inaugural class with Futures and continued investment Lower Manhattan Options’ founder, Dr. Barbara L. Christen. from the Alliance, Association, Futures and Options Dr Barbara was ready to expand L. Christen its internship proposed program. More a public/ businesses were private sector recognizing that Begining collaboration: “Investment in Dr. Christen human capital is as The imagined a important for the program that would “bring business community together the… resources as any other long- of Downtown to provide term investment,” as those connections between Dr. Christen put it. school and work through which young people The September can be brought into the economic mainstream.” In her 11th terrorist attack on the World Trade Center destroyed vision, classes would correlate “with supervised paid work the Futures and Options space on the 21st floor of Tower experiences …. [and] support the student as s/he learns One. Miraculously, not one of our staff or students and while s/he is held to the standards required by the was harmed. Despite losing all records of students and marketplace, which are also the standards for higher internship contacts, as well as 40 of our 85 internship sites, education.” Futures and Options managed to place 60 interns that year. Soon after that, the U.S. Department of Labor recognized When the Alliance for Downtown New York was Futures and Options as a model youth program. established in 1995, Dr. Christen was named its vice president of education and workforce development. With Now, in our 15th year, Futures and Options still connects the support of the Alliance, as well as Manhattan High New York City’s underserved youth to careers. We are Schools superintendent Patricia Black, Dr. Christen’s inspired by the chance to change a teen’s life through work- brainstorm came to life. readiness training, career exploration and paid internships. This investment in our city’s emerging workforce remains By June, Dr. Christen had lined up commitments from more vital than ever. corporate partners and schools for funding, intern positions, students, and space. The program would focus From 2002 through 2007, The McGraw-Hill Companies on three major industries: Business, service, and property provided an internship management. Its major goal: To benefit businesses by program for students from creating a pool of high-quality, entry-level workers, along the Morris High School with helping students gain skills to enter the economic Campus in the Bronx through a partnership with Futures mainstream. and Options and McGraw- Hill’s Community Partners Soon, Linda Loffredo, from the Department of Education, Program. This program was recruited as assistant director. Lester Zimmerman, was led by Sheila Stamper, formerly of Murry Bergtraum High School and Brice Futures and Options, Amita Hargerdon, a professor in the Department of Cooperative Nagaraja, The McGraw-Hill Companies, Linda Loffredo, Futures and Options, and Louise Raymond, The McGraw-Hill Companies. Education and Placement at the Borough of Manhattan Community College, came on board as advisors. September 1995 marked the Varied Internship Partners Left: 1997 Urban (VIP) Program’s official launch, and in October, more than Leadership Fellows 25 students from nine New York high schools attended its Program participant first orientation. Linda Yip served as a senior research Five years after the VIP Program was established, assistant for Standard & Poor’s; it blossomed into Futures and Options. The newly Right: Fall 2009 Pre- independent organization was intended as a model for Intern DanMarly similar programs nationwide. With a new board of France. 2 The Alliance for Downtown New York pilots the Varied Internship Partners (VIP) Program, which provides paid, mentored internships to high school students in the 1995 Downtown business community.

The Municipal Forum of New York selects VIP to manage their innovative high school internship program, the Urban 1996 Leadership Fellows Program.

Independence Day: Futures and Options launches as 1999 an independent nonprofit.

On September 11th, the Futures and Options offices at One World Trade Center are destroyed. Fortunately, no employees 2001 or youth are harmed. for Futures and Options Futures and Options receives recognition as a model youth workforce development program from The Department of 2002 Labor. Major Milestones

Futures and Options creates a summer Internship Program for teens from The Frederick Douglass Academy in Harlem with 2004 support from the Charles Hayden Foundation.

With support from HSBC – North America, the George 2006 Westinghouse High School Internship Program is established.

2007 Patty Machir joins Futures and Options as executive director.

Futures and Options pilots the Pre-Internship Program in 2008. The Fall 2009 class receives their certificates at the 2008 closing ceremony.

Futures and Options develops the College Guidance Initiative, which serves as a platform for guiding junior and senior high school students through the college search, application and 2009 financial aid process.

2010 Futures and Options celebrates 15 years of SUCCESS! 3 Vital Statistics Interns Yong-Hang “Tommy” Wang and Asia Mills-Burton. Futures and Options recruits youth from schools lacking resources to provide educational and career guidance for young people at risk of Impact falling through the cracks. Our l Two-thirds of Futures and Options’ participants come from low-income families, and 64% qualify for free or reduced lunch. l Our student population is 57% female and 43% male. l Ethnicities represented: African American (40%), Hispanic (23%), Asian/Pacific Islander (19%), multi-ethnic (10%), Caucasian (6%), and “other” (1%). l 16% of our students are immigrants; 24% speak English as a second language. l High school juniors and seniors, ages 16-19, participate in the Internship Program. The Pre-Internship Program is open to middle and high school students ages 13-19.

!"#$ &'$(() *+a-.a/(0 Rates

100% 100% 80% 60% 63% 40% 20% 0% Futures and NYC Public School 234ons Students Students *

*NYC Department of Education 2009

4 1995 2010 20 youth served 254 youth served

16 internship sites 87 internship sites

9 high schools 44 high schools

100% high school 100% high school graduation rate graduation rate

94% college “The program gave me acceptance knowledge of the workplace and prepared me for the real world. It helped me take the step from high school to college and made the transition much easier. ” -Shantevia Kelly, intern at SHARE The Futures and Options Internship Program William Li, Summer Internship Program participant. is offered throughout the year to juniors and seniors from New York City’s high schools. Interns acquire vital hands-on experience, gain entry to small businesses, nonprofits and multinational corporations, and earn needed money. Additionally, the interns attend monthly work-readiness workshops and meet for special career exploration field trips. Since 1995, Futures and Options has placed more than 1,600 young people in internships at over 300 businesses.

Futures and Options internship programs for specific high schools and industry sectors include: Taking Education Beyond The George Westinghouse High School the Classroom Internship Program Support from HSBC – North America allows 20 students from George Internship Program Lessons on the Job Westinghouse High School in Brooklyn to intern at New York City nonprofit organizations. Our Over the past four years, 63 young people have We learned … benefited from this program. - Responsibility, leadership and respect. - How to organize and manage time. The Urban Leadership Fellows (ULF) Program - Trust and dependability. is a partnership between Futures and Options and The Municipal Forum of New York, Inc. Since 1996, - Working hard can take you places. The Municipal Forum has provided funding for this - You can make connections. extraordinary six-week summer program, designed to - You shouldn’t give up. attract diverse and motivated young people to careers in municipal finance. The students attend New York City public schools with the Academy of Finance program as George Westinghouse High School Interns, well as Inner-City Scholarship Fund schools. Since the Spring 2010 program began in 1991 -- with three youth from three high schools – 377 young people have been ULF interns.

The Futures and Options Summer Internship Program Futures and Options directs a six-week summer internship program for high school juniors and seniors, predominantly from The Frederick Douglass Academy. The students intern at nonprofits and private businesses. The Charles Hayden Foundation has funded this program since 2004, providing internships for 175 youth.

Key Components of the Internship Program Five key components ensure that the Futures and Options Internship Program is rewarding for the intern as well as the partnering business. We focus on the student recruitment and application process; intern placement; career readiness workshops; monitoring; and collaboration with school staff and mentors/supervisors. 6 William Li, Summer Internship Program participant.

George Westinghouse High School intern Monet Davis with panelist, Tara Zablocki at the Youth, I.N.C. Young Professionals Committee career fair.

Closing ceremony for The Frederick Douglass Academy Summer Internship Program.

Urban Leadership Fellows Program summer interns Stephanie Ly, Jeffrey Cheung, Fiona Lam, Madeline Guzman and Bryana Louie participate in a public speaking workshop. Tatiana Nelson receives her certificate of participation for completing the fall Pre-Internship Program. Top: After successfully completing the Pre- Internship Program, Morolake Thompson and Claymont Sancho later come on board and assist with the program and its participants. B Spring Pre-Internship Program attendee, Catherine Araujo participates in a mock interview with Banana Republic employee, Mauricio Castro. Pre-Internship Program Our

Our Pre-Internship Program targets youth whose age or skill level does not yet qualify them for internship positions. This career readiness program provides basic preparation for the work world, and helps students practice and improve interpersonal, communication and office skills. responsibilities, the interns also take part in our Internship The program also includes career exploration activities Program’s career readiness workshops and enrichment and field trips, including visits to PricewaterhouseCoopers, activities. Colgate-Palmolive Company and the Millenium Hilton Hotel. “As a Futures and Options intern, I became better skilled in time management and learned to take History initiative,” said Morolake Thompson, an intern who assisted with the fall 2009 Pre-Internship Program. The Pre-Internship Program served 14 students in 2008, “As a student, balancing several extra-curricular its pilot year. In 2009, the program multiplied to support activities at once, every minute became significant 80 students, including 20 middle-school students in a pilot and leisure was precious. I would very much program at Greenwich Village Middle School. In 2010, recommend the program to other students because of the basic on-the-job skills every student needs. As the program added another middle school, Hugo Newman a student, finding employment is difficult because College Preparatory School PS/IS 180. Since it began, of lack of experience. Because of the experience with the program has served more than 200 youth. Students the Futures and Options internships, teens get the who have successfully completed the Pre-Internship opportunity to prove they are mature and skilled Program are eligible to apply for an internship within the enough to handle the challenge of employment. program itself the following semester. Two students are ” selected as paid interns each term; they assist in planning The Pre-Internship Program is made possible thanks to the program’s activities, giving them the chance to apply generous support from the Gap Foundation and the Lily what they learned in the program. Along with their work Auchincloss Foundation, Inc.

8 Shahib Choudhury Shantevia Kelly

Through Futures and Options College Criminal Justice – The City University of New York City. Guidance Initiative workshops, our high Through his Futures and Options internships, Shahib school juniors and seniors get encouragement realized that he wanted to pursue a career in business; with and knowledge to further their education. that in mind, he’s hoping to transfer to Baruch College, Program coordinator Tyran Williams helps which boasts one of New York’s strongest business- College Guidance Initiative our students apply to college – and succeed. education programs. “I would like to major in business or marketing,” he says. “I realized this was the right career Students acquire a thorough knowledge of Our path for me because of my internship experiences through post-secondary education options, as well as Futures and Options.” the steps involved in the research and selection process. Shantevia Kelly Shahib Choudhury At the start of her senior year at The High School of In your senior year of high school, says Shahib Choudhury, Fashion Industries, Shantevia Kelly’s computer teacher “It’s easy to lose focus. Grades drop and to some it’s more suggested that she apply to Futures and Options to learn about enjoying your last year. But I knew I did not want about the professional world. Shantevia was accepted to go down that path. So I did my own thing.” Shahib’s to Futures and Options as an intern at SHARE, an “thing” was Futures and Options. After getting accepted organization that sustains a supportive community of into the Internship Program at the beginning of his senior women affected by breast or ovarian cancer. year, Shahib started work at the Alliance for Downtown New York. He interned there for nearly 10 months before When Shantevia began to plan for college she turned to moving on to an internship with the Colgate-Palmolive Futures and Options College Guidance Initiative. One- Company, another Futures and Options partner. on-one attention helped her focus on where to apply, and offered support as she completed applications and applied Shahib also got support with his college search and for financial aid and scholarships. Once Shantevia was applications. He worked closely with Tyran Williams to complete his financial aid forms and apply for scholarships. accepted to several colleges, Futures and Options helped “The beginning of my senior year was overwhelming, and her review award letters and select the best college. She I was doing everything on my own,” he remembers. Tyran remembers that Futures and Options, “… showed me helped Shahib understand the details of financial aid how to organize my work and helped me to nail down a packages and ultimately ensure that Shahib received the plan of attack. They helped me to really think about what support he needed. I wanted,” she says. She was accepted to North Carolina A&T State University - her top choice – where she’s Today, Shahib is a freshman at John Jay College of majoring in marketing and public relations.

9 To encourage our youth to learn about the widest range of career possibilities, Futures and Options is continually expanding our network of business partners. A key part of our mission is to share the possibilities of a wide range of industries with teens. With that in mind, career exploration plays an essential part in our program. Thanks to business partners who open doors to Futures and Options, we make it possible for teens to interact with professionals in the work world and immerse themselves in creative career exploration events at different New York City businesses. Exploration Pfi zer Inc. Pfi zer Inc. gave a warm welcome to Futures and

Career Options summer interns from The Frederick Douglass Academy in Harlem. Thanks to the efforts of our board member Ozias Moore, Pfi zer’s Team Leader, US Vendor Operations, and Savitri Basavaiah, the company’s Director, Primary Care Strategy & Innovation, the interns enjoyed a morning of career exploration Arthur Ziehi activities with more than 20 Pfi zer volunteers. Baton, Jr. visits Morgan Stanley The interns gathered in Pfi zer’s state-of-the-art conference and learns more about their center for a presentation on the pharmaceutical industry compliance and Pfi zer’s history. Following this excellent introduction, department. a panel of volunteers from various departments – legal, medical affairs, fi nance, customer engagement and sales, strategy, promotion and vendor operations – shared stories about their career paths as well as their jobs at Pfi zer. “ I learned more about Pfi zer as a pharmaceuti cal The volunteers also turned out to be terrifi c advisors. company; the drugs they manufacture and distribute Our interns got valuable input about college majors, the and how long it takes to see an idea turn into a importance of attitude and outlook, and many more product. Additi onally the resume criti quing and success-track tips. Even more exciting, the rest of the mock interviews were very informati ve. I learned morning was dedicated to mock interviews, resume critiques and a breakout workshop on networking skills. how to speak about myself properly and sell myself Along with an appreciation for Pfi zer, interns left Career on paper. ” Exploration Day more prepared for their next real -Jaimi Ross, Summer Intern, interview – and even more appreciative of the value of The Frederick Douglass Academy networking. Interns Visit Morgan Stanley New York Stock Exchange Field Trip Morgan Stanley’s global head of compliance gave 14 A trip to the New York Stock Exchange is always a thrill. Futures and Options interns a privileged look at this But when your guides are Mirtha Medina, Media Relations fi nancial-services leader’s business. Stuart Breslow Associate, Corporate Communications, Alyssa Schoenfeld, captivated his audience with a detailed overview of his Vice President/Business Project Management Offi ce, department. With communications as the theme of the day, and David Ma, Business Analyst, Corporate Strategy and Morgan Stanley volunteers emphasized the importance of Development, you’re in for a special look at this legendary institution. In August, Futures and Options enjoyed that clear communication with co-workers and employers in experience as part of a career exploration fi eld trip. the professional world. Every intern was matched with a Morgan Stanley volunteer; the interns had seven minutes Schoenfeld and Ma explained the range of positions at to complete an “interview” before switching to a new NYSE and Medina gave the interns a detailed tour. Interns volunteer. This fast-paced, one-on-one experience gave were excited to meet analysts, researchers and brokers, who our interns a valuable chance to practice communication explained their roles and responsibilities. and interpersonal skills.

10 Futures and Options Summer Internship Program students visit the New York Stock Exchange for a career exploration field trip. From back row: Ramrod Britt, Kamoy Joseph, Adam Turay, Marquis Jernigan, and Randy Garcia. Front Row: Thay Brown, Trent Sanders, Jah-Vin Vaughan, Weeks Mensah, Domonique Powell, and Stephen Daise.

Pfizer employee Nadja Johnson and The Frederick Douglass Academy Summer Intern Shayla Russell Gilenny Abreu Northeastern University Kamoy Joseph SUNY at New Paltz Lissette Acevedo Borough of Manhattan Community College Shantevia Kelly North Carolina Agricultural and Technical Charles Adegite New York City College of Technology State University Sakib Alam The City College of New York Shanae Kemp Long Island University Reihna Alfonso Baruch College Adanne Khalfani Shaw University Marisol Alonso The Pennsylvania State University Aroub Khan Pace University Nashwan Alseelwe Borough of Manhattan Community College Marzan Khan Babson College Temilola Amusa University at Albany Zuhair Khan Union College Dawnn Anderson Spelman College Poh Chuan Kuan Syracuse University Anna Aramboles Baruch College Ka yan Kwan New York City College of Technology Helen Arones The City College of New York Natalia Lens University of Connecticut Kumesh Aroomoogan Pace University Harris Leung Syracuse University Folagbayi Arowolo University of Pittsburgh William Li Boston University Salvador Avalos The College at Brockport Martha Lino Vassar College N’Yaisha Aziz The University of North Carolina at Chapel Derek Loury Boricua College Hill Merio Maye Vassar College Diakanke Bah New York City College of Technology Oladipupo Mayungbo University at Albany 2010 Seniors Stephanie Baptiste Broome Community College Ashanti McIntosh LaGuardia Community College Arthur Baton Jr. New York City College of Technology Ariel McKayle Fairleigh Dickinson University Ayana Beckford Alfred State College Weeks Mensah The City College of New York Nikolay Bogomolov Stony Brook University Michael Mercado College of Coastal Georgia Robert Brizzell New York City College of Technology Andrea Meredith Monroe College Kevin Brown University of Rochester Asia Mills-Burton SUNY at Potsdam Thay Brown III DePauw University Ellina Nektalova Smith College M’Baye Campbell-Konteye Globe Institute of Technology Mykaya Nixon Carnegie Mellon University Joeshana Carter North Carolina Central University Regina Nuzbrokh Hunter College Fatima Castellanos Hunter College Steven Oladunjoye University at Albany Estefani Cespedes Franklin & Marshall College Jefferson Oliva Jacksonville University Kenton Chik Cornell University Shakeela Pegues Mercy College Eva Chiu Brooklyn College Anexus Pereira Fashion Institute of Design & Merchandising Shahib Choudhury John Jay College of Criminal Justice Estela Perez SUNY Institute of Technology Kareem Clarke SUNY Canton Haydee Pichardo Borough of Manhattan Community College College Bound Carlos Colon Queensborough Community College Domonique Powell Clarkson University LaTi’k Cook New York City College of Technology Tyniqua Pugh Long Island University Stephen Daise The Cooper Union Ashley Pusey Kingsborough Community College Raven David Queensborough Community College Christopher Rivera SUNY Maritime College Monet Davis Hofstra University Camille Roache Adelphi University Joseph DeJesus SUNY at Potsdam Zabier Rodriguez John Jay College of Criminal Justice Eridiana Diaz The City College of New York Jaimi Ross University of Pittsburgh Jazmin Diaz The Ohio State University Shayla Russell Johnson C. Smith University Christella Dolmo St. John’s University Alicia Salmon Alvernia University Earl Donaldson III Babson College Carly Sanchez John Jay College of Criminal Justice Edwige Dossou-Kitti The City College of New York Trent Sanders University at Albany Bria Drake The College of New Rochelle Kayla Shaw Queensborough Community College Saibou Drame Clarkson University Aleksandra Sher Macaulay Honors College Korey Dye Anna Maria College Joseph Smith Long Island University Terrence Edmund The Art Institute of New York City Kevin Smith Alfred State College Ozemary Feliz Westchester Community College Alexandra St. Cloud Bronx Community College Shakerah Fisher LaGuardia Community College Jeffrey Tan New York City College of Technology Clara Fontaine Kingsborough Community College Joel Tavarez Fordham University Delroy Ford Alfred State College Jelissa Thomas Lawrence University Marilyn Frazier Temple University Jennifer Frias Connecticut College Morolake Thompson Hamilton College Donovan Fuentes The City College of New York Rashad Tillman Delaware State University Mylasha Furlonge Smith College Mariya Timkovsky Brandeis University Zayra Garzon The Pennsylvania State University Emmalis Torres Syracuse University Wellington Gonzalez Marymount Manhattan College Orlando Tulloch The College at Brockport Edwin Guity Kingsborough Community College Adam Turay Vanderbilt University Lenora Hector Norfolk State University Marlande Valentin Binghamton University Dalifet Hernandez Ithaca College Jah-Vin Vaughan The City College of New York Kyana Herrera Kingsborough Community College Dashawn Walker Bowdoin College Brian Hinds Howard University Yong Hang Wang Dickinson College Kevon Hines Utica College Matthew Wellington New York City College of Technology Samantha Hinkson Brooklyn College Amanda Williams Borough of Manhattan Community College Sydney Huggins New York City College of Technology Andy Wong Stony Brook University Aminul Islam Stony Brook University Tiara Woods Herkimer County Community College Aaron Jackson Borough of Manhattan Community College Anna Wu College of Staten Island Evelyn Javier Syracuse University Kelvin Yim University at Buffalo Marquis Jernigan Dowling College Hao Xian Zhang Stony Brook University Crystal Zhang Baruch College 12 her own path – and the one facing this young man. “It is Marie Surpris was born so crucial this day and age to understand that it is not just in Port-au-Prince, Haiti and immigrated to about going to high school and then college. It is about New York when she was six years old; she still networking and maintaining relationships,” she says. lives in Brooklyn. A confident student who sought her own opportunities, Marie consulted Very early on, Marie says, the VIP Program taught her the a guidance counselor about extracurricular value of having a mentor, and how building relationships Alumni programs for students like her. She discovered with other professionals is critical to success in the working the Varied Internship Partners (VIP) Program – world. Marie still speaks regularly with her mentor from

Our the forerunner to Futures and Options – which her first VIP job at the New York State Nurses Association. placed high school students in paid internships where they Her mentor attended Marie’s wedding and Marie could learn about the professional world. That chance drew frequently sees colleagues from the New York State Nurses Marie to the program, but it’s Association. She worked the profound impact of VIP there for five years, and that stays with her today. her fellow workers had a significant impact on her. As an intern, Marie recalls, she gained confidence, Marie sets a tremendous learned how to act around example for the young professionals, gained an men and women in our appreciation for working programs. “I benefited with different personalities, from the opportunity I and got accustomed to multi- had as an intern and no tasking. Marie graduated matter what, I want to give from Washington Irving High back. I want to contribute,” School in 2000 and received she says. Marie joined her Bachelor of Business the Alumni and Young Administration from Baruch Professionals Committee, College in 2007, with a which is comprised of major in Human Resources board members, alumni Management. and young professionals who are tasked with Today, Marie has translated building a meaningful her VIP experience into Futures and Options legacy workplace success. As the program for our alumni of accounts payable service various ages. officer in the finance department at the Macquarie Marie says she is committed Group, a global financial to encouraging other services firm, Marie is alumni to get involved thriving in her career. In with Futures and Options, this fast-paced environment, either by serving as mentors Marie manages multiple or making connections to responsibilities and meets constant deadlines. “Multi- their businesses for internship opportunities and career tasking is critical,” she says. “Prioritizing what needs to get exploration events. For her part, Marie shares an infectious done is the only way I could survive in my current job. The optimism, determination and generosity - and serves as a first question I always ask when something is requested of model for others. She believes that by working together, me is ‘When does this need to be done?” Futures and Options’ alumni can support each other as well as create ways for alumni to connect with the teens This June, Marie Surpris attended Cocktails in the Sky, the in today’s programs. Marie has already introduced annual event hosted by Futures and Options to recognize Macquarie to Futures and Options, and has plans to our supporters, business partners, alumni and friends. initiate a mentoring program. “I believe that God wants While mingling and networking, she met a current Futures to use this generation more than ever before to impact and Options’ intern; they spoke about her experiences in communities and the world,” she says. “But we have to the VIP program. The conversation led Marie to reflect on make ourselves available.”

13 Mentors and mentees gather for one last group photo at the Youth, I.N.C. Young Professionals Committee Spring Mentoring Program closing event. Volunteers Our

Pre-Interns Nessya Volunteers brighten futures! They bring their hearts Vukelj, Nelin Garcia and and share knowledge and expertise with our young Jonathan Tan work closely men and women, helping the youth to learn about with Banana Republic volunteers Jose Suarez themselves, develop new skills and explore possibilities and Caroline Peck. for the future. We proudly honor our volunteers – both the people who mentor our interns and the businesses came dressed for the corporate world and left feeling that welcome our students. prepped and ready to go!

We are especially grateful to Banana Republic, Capital Thomson Reuters Microsoft Excel Training One, Coalition for Debtor Education, Gap Inc., Young Seminar Professionals in Public Finance, Youth, I.N.C. Young Professionals Committee and Futures and Options alumni, Knowing Microsoft Excel is an advantage in the working whose volunteers truly make a difference for our youth. world. With that in mind, summer interns from The These women and men are wonderful mentors, engaging Frederick Douglass Academy got specialized training in workshop facilitators, captivating mock interviewers, Excel from volunteer James Perkins, senior specialist, global creative planners and energetic event team players! accounts at Thomson Reuters. James covered the basics, as well as how to create charts and graphs and use Excel Capital One formulas.

Capital One provided our students with a first-hand The Youth, I.N.C. Young Professionals Committee introduction to banking at a workshop this spring. Seventeen volunteers spoke about their careers with the Thanks to Youth, I.N.C.’s Young Professionals Committee’s company, from teller to relationship banker to branch mentoring programs with Futures and Options, our interns manager. To bring the business world to life, the volunteers from George Westinghouse High School and The Frederick also teamed up with students to tackle starting a business. Douglass Academy benefited from one-to-one time with Each group designed their own community center and young professionals and received guidance about college developed a business plan, which was presented to the and future careers. The Youth, I.N.C. YPC selected Futures Futures and Options judges. and Options as its first venture into a group volunteer project; after success with 26 interns in the summer of Gap Inc. 2009, the YPC bolstered its efforts in spring 2010 for our 20 George Westinghouse High School interns and with the Gap Inc. supports Futures and Options in a myriad of 30 interns in our summer 2010 program. More than 40 ways, from volunteering and gift-card donations to the volunteers mentored 56 young men and women. Gap Inc. Leadership Initiative and support of our Pre- Internship Program. Banana Republic volunteers were the stars of our Pre-Internship Program’s final sessions, Young Professionals in Public Finance and dedicated more than 25 hours of their time to the Summer Mentoring Program youth in our Internship and Pre-Internship programs The Young Professionals in Public Finance Mentoring by participating in mock interviews, providing valuable Program was once again part of the Urban Leadership feedback and sharing their career stories. Their group Fellows Summer Internship Program in 2010. Thanks to interviews were eagerly anticipated by the students, who terrific recruiting, 34 mentors participated in the program. 14 In 2010 we were pleased to partner with 87 G2 Direct & Digital private and nonprofit businesses that hired Gruzen Samton LLP Futures and Options interns. Hawkins Delafield & Wood LLP HELP USA, Inc. The 125th Street BID iMentor Alliance for Downtown New York, Inc. The Inner Resilience Program Alvarez & Marsal International Rescue Committee Associated Content, Inc. Jefferies & Company, Inc. Barclays Capital Inc. Junior Achievement of New York, Inc. Battery Dance Company Katz Creative Inc. Bike and Roll LLC Lamont-Doherty Earth Observatory The Blackstone Group Learning Leaders, Inc. The Bond Buyer Let’s Get Ready Partner Sites Cantarella Consulting Literacy, Inc. CB Richard Ellis Loews Corporation M. R. Beal & Company Our Center for Architecture Foundation Center for Children & Technology Making Books Sing, Inc. Center for Employment Opportunities Mansueto Ventures Century 21 Department Store METRO US Chelsea Computer Inc. MHG Architects P.C. Children for Children Millenium Hilton Citi MLT Colgate-Palmolive Company Museum of American Finance The Committee for Hispanic Children and Museum of Jewish Heritage Families, Inc. National Medical Fellowships The Community Development Trust National Museum of the American Indian The Depository Trust & Clearing Corporation New Amsterdam Library Deutsche Bank AG New Jersey Office of the Attorney General Donlin, Recano & Company, Inc. New Water Street Corporation Empire State Development Corporation The New York City Office of the Comptroller F.J. Sciame Construction Co., Inc. New York Law Institute FBR Capital Markets New York Office of the Attorney General Fresh Concentrate New York State Housing Finance Agency Futures and Options New York State Nurses Association NYC Office of Management and Budget The Saatchi & Saatchi new business team: (Back Row from left) ORION Trading Benjamin Bittman, Eric Damassa, Nikolay Bogomolov (Futures and Prager, Sealy & Co., LLC Options intern), and Joao Martins. (Front Row from left to right) Jill Public Resources Advisory Group Bennett, Lynne Collins and Pat Murphy. Publishing Experts, Inc. Quilvest USA, Inc Roosevelt & Cross, Inc. Roundabout Theatre Company S. Lichtenberg & Co., Inc. Saatchi & Saatchi Samuel A. Ramirez & Company, Inc. SHARE SIFMA The Single Parent Resource Center South Street Seaport Museum Squire, Sanders & Dempsey L.L.P. Standard & Poor’s Financial Services LLC Stone & Youngberg LLC Support Center For Nonprofit Management Tablet Inc. Teach For America, Inc. Tribeca Performing Arts Center Vera Institute of Justice Women’s Sports Foundation 15 Celebration The Waldorf=Astoria provided a spectacular backdrop for a November celebration of the progress of New York City youth-serving programs. Futures and Options was joined Events by Youth, I.N.C. and 17 other nonprofits; together, we raised more than $1.9 million for

Our NYC youth programs.

We’d like to thank our co-chairs, supporters and Youth, I.N.C. for enabling us to raise 125% of our Celebration fundraising goal. We Futures and Options not only surpassed our fundraising goal but Founder, Barbara we also received a challenge grant from Youth, Christen and Angel I.N.C.! Contrera, Internship Program alum who was honored at the Celebration event.

Alumni Jose Garzon (center) with his colleagues Ryan Samaroo (left), A Toast to Brighter Futures and Jimmy Vora (right), from ERE LLP, an accounting and consulting firm, at A Toast to Brighter Futures. Here’s to success! Futures and Options alumni and young professionals gathered at NYC’s hip Sutra Lounge in April for A Toast to Brighter Futures, a new signature fundraiser and networking event. The event proved a smash; our Host Committee was excited to reconnect with alumni now making their mark in the professional world. A Toast to Brighter Futures also gave us an excellent opportunity to forge new relationships with young professionals - and build even more exciting partnerships in the New York City community.

Chairman of the Board, Stephen Cocktails in the Sky Hessler, with Tonnelle Windley and her son, intern LaTi’k Cook. The sky’s the limit for Futures and Options! In June, we hosted our third annual Cocktails in the Sky fundraiser in a beautiful setting at the offices of publisher Mansueto Ventures in Lower Manhattan. More than 170 people attended and everyone marveled at the 360-degree views of 7 World Trade. After a welcome from Futures and Options board chair Stephen Hessler, guests heard from Eugene Kelly, Worldwide Director, Global Diversity & Inclusion at the Colgate-Palmolive Company, who spoke eloquently about Colgate-Palmolive’s investment in high school internships – and its successful experience as a Futures and Options’ business partner. 16 Internship Program alumni, Enmanuel Rivas and Mina Abusafe enjoy the event with current interns, LaTi’k Cook and Luis Salazar.

Colgate-Palmolive Company employees, Alexandra Contreras and Zarius Durant with Futures and Options Executive Director, Patty Machir, Martha Battles from Joele Frank, Wilkinson Brimmer Katcher and Eugene Kelly from Colgate- Futures and Options Chairman of the Board, Stephen Palmolive Company. Hessler, Robert Cotton, Zolfo Cooper LLC, and board member, Anne Benedict with husband Ryan.

Nicki Weston, Tricia Cullinan, Abby Frost and Leah Shalev enjoy A Toast to Brighter Futures with host committee member Adria Hou.

Alumni volunteers, Samuel Basquin, Marie Surpris and Gabriel Clarke.

Interns Shantevia Kelly, Ozemary Feliz and Joel Tavarez. Intern Zabier Rodriquez, Executive Director, Patty Machir and intern Steven Oladunjoye. The Barbara Tablet Inc. American Express Charitable Vanessa Wilson L. Christen Fund Mark & Karin Wojciechowski Founder’s Circle $2,500+ Clare Bruder, Northwestern Thomas Wong was established CB Richard Ellis Mutual Financial Network to honor our Colgate-Palmolive Company CA, Inc. Matching Gifts Coaches ($500-$999) founder, Dr. Deutsche Bank Program Barbara L. Donlin, Recano & Company, CetraRuddy William & Mari Albanese Christen, and to Inc. Joele Frank, Wilkinson Carol & Steven Bassin recognize those Fund For The City of New Brimmer Katcher Cathy S. Callender who support our York James Phillips, TPG Mary Corrigan mission. We Kurtzman Carson Architecture Audrey Dotson Supporters are sincerely Consultants LLC Skody Scot & Company, Tom Ellis grateful to our Margaret M. Hill CPAs Michael J. Frishberg Our contributors who Foundation Miguel Galarza have provided support Michael Tuch Foundation Meg & David Lazarus Individual Contributors during our 2010 fiscal year RR Donnelley Janet Mannheimer SHARE, Inc. Dean Markadakis (July 1, 2009 to June 30, Advocates Ozias A. Moore 2010). ($10,000-$24,999) $1,000+ Cherrie L. Nanninga Corporate and Foundation Acquis Consulting Group Elizabeth Jordan Edward Neiger Support AlixPartners Christian Sullivan Ray Newton Bressler, Amery & Ross Jean Reeves $100,000+ Brown Printing Company Mentors ($1,000-$9,999) Peter & Meredith Rugg Alliance for Downtown Grey Global Group Inc. Ellen & George Schieren New York, Inc. JPMorgan Chase Foundation Anya, Sima, & Sameer Ahuja Ian Shrank Latham & Watkins, LLP Martha & Rob Battles James & Regine Stone $25,000+ Edward W. Machir/ Charles Hayden Foundation Jessica Bell PricewaterhouseCoopers Anne & Ryan Benedict Believers ($100-$499) The Clark Foundation Merrill Lynch & Co. Gap Foundation Bill Bernstein Foundation, Inc. Ingrid Busson Anonymous (4) Helena Rubinstein Pfizer Foundation Leigh Abramson Foundation Dr. Barbara L. Christen TD Charitable Foundation John V. Connorton, Jr. Rene Alkoff HSBC-North America Zolfo Cooper LLC Justin Anderson The Municipal Forum of Colin Devine Ephraim Fields Jack E. Ansell, M.D. New York, Inc. $500+ Beverly A. Behan The New York Community Jamaal Glenn Cantarella Consulting Robert Gromadzki Roseann & Edward Braun Trust Center for Employment Matt Bruderle Youth, I.N.C. Stephen & Stephanie Hessler Opportunities Ketan & Bethany Kapadia Marianne & Stephen Busby Children for Children Richard Kennedy Timothy Capuano $10,000+ Foundation Anese Cavanaugh Capital One Kristine Kern Fresh Concentrate LLC James Liu Melvin Cook Hampton & Co. The Inner Resilience Tricia Cullinan Lily Auchincloss Foundation Patty Machir Program Patrick Machir Daniel Dayton Learning Leaders, Inc. Edward W. Machir Laura Dillon $5,000+ The Moody’s Foundation Mark DiMilia Center for Children & Michael Michetti Matching Gifts Program Garrett & Mary Moran Ray DiPerna Technology New York Law Institute, Inc. Dennis Ditraglia Downtown-Lower Manhattan James Pavisha Quad/Graphics, Inc. Edwin C. Sagurton Benjamin Dixon Association, Inc. Quilvest USA, Inc. Robert & Linda Douglass G2 Direct & Digital Dan Senor Teach For America, Inc. Wanda Shefts Steve Drew Goldman, Sachs & Co. ZE Realty, Scott Edlitz William Ernest James T. Lee Foundation Larry A. Silverstein Arthur & Nancy Sobel Anne C. Flannery Kirkland & Ellis Foundation $100+ Ira Friedman The McGraw-Hill Steven M. Sperber Alliance Bernstein Heidi Urbina Andrea & Marty Glenn Companies Ambrose International Anne D. Goldsmith NYMEX Foundation Kenneth L. Wallach 18 Melissa & James Grigg Robert H. Williams Ronald & Caroline Ingram In-Kind Supporters Scott Hall Annie Woo Susan Jennik Jean Haynes Abby and Eric Woodworth Dakeeta Johnson Accu Tutor Mr. & Mrs. Robert J. Roy Kao Alliance for Downtown New York, Hessler Friends ($1-$99) Martin Karamon Inc. Jason Hong Jerome Kern Andaz Wall Street Benjamin Istvan Anonymous (8) Domenica Lamia Autograph Store Charity Fundraising Lowell Jacobson Zach Abrams Caroline R. Le Feuvre Battery Dance Company Omar Jama Sarina Amin Jane Becker Ralph Lee Isabelle Jette Donna Arduini Bella Pepper, LLC Danielle Ashley Zawislak Valerie Leventhal Niels W. Johnsen Big Apple Circus Marina Aspesi Mitesh Kapadia Soo Yeun Lim N. Baez Bill Bernstein Carol Kaplan Resa Macalisang Bobby Van’s Steakhouse Emily Barker Cynthia Marian Lise Kelson Wayne Barks Larissa Borteh Keith McHale Marisa Koten Jim Barton Cafe Wha? Gale Kroeger Sandra Battle Michael McLernon Capital One Evan Kulman Eric Baum Kristin Mikolaitis Carnegie Hall Sara Lari Noel Bhumgara Laura Modigliani Chelsea Computer Cindy LaScala Elizabeth Bogren Celeste J. Myers Chelsea Piers Fred Leopold James Boland Sonia Narang Children’s Museum of the Arts Lana Lewin-Ross Karina Bough Elizabeth Olsson The Container Store Heather Brighton Debra Sue Lorenzen Daniel Paikin Lillian Coury, PCC, CIC Holt Calhoon Kwany Lui Equinox Marcia Cantarella Gregg Paradise Rachel Lurie The Estee Lauder Companies Inc. Lauren Cerrito Gilda Pena Matthew Mackay Betty Chan Roland M. Peracca, Jr. Ephraim Fields Jay Mai Shari Chapman Antara Prasad Food & Wine Magazine Donald N. Malawsky Massaer Cisse Priscilla D. Press Gap Inc. Paul Marian Cher Goldman Brian Corrigan Shendil Pyarilal Petr Marousek Robert & Sharon E. Green Mountain Coffee Roasters Janice Revell Kimberly Mulcahy Cucinotta Hampton & Co. John Roncoroni Mark G. Muller Bharat & Sujata Didwania Melissa Joy Manning Christina Murphy Wilfred & Frances Diller Parisa Sabeti Kenneth Cole Patricia Napper Linda & Jeffrey Douglas Jonathan Schwab Lily Kesselman George Ozenne Elliott Doyle Poonam Shah Landmark Theatres Jeevan Padiyar Jay Drezner Wendy Sheinberg, Esq. Lascala Lococo Jason R. Dudley Milan Patel Christopher M. Snyder Lia Schorr Rebecca R. Eddy & Paul B. Stephanie Perry Winther M. Stein Feuerstein Mansueto Ventures Patricia A. Robertson Diana Epelbaum Jelena Strelcova Millenium Hilton Yves Roy Faina Epshteyn Steven Suthiana Steve Musante Nancy Ruddy & John Cetra Uriel Felsen Andrea Swanick Museum of American Finance Edward Sassower Margarita Fernando Roy Taylor Alison Nguyen Frank & Carol Saveria Haliun Ganbold Evelyn & Richard Taylor Orion Trading Jennifer P. Seass Sara Garlick Paul Teske Paul Molé Gerald Germany Noah Shannon Gail Tiburzi Philippe Chow Scott Sibley Susan Gewpler Nick Trikolas popchips Walter & Margaret F. Jason Glushakow Publishing Experts, Inc. Stephanie Vallet-Sandre Siebecker AJ Goodman Roundabout Theatre Company Cara Volpe Martin Skelly Jay Gronlund South Street Seaport Museum Eddy Guarascio Geoffrey & Margaret R. Richard H. Steinberg Tekserve Serena Handley Zong Qi Tan Wiener Chris Hecht Top of the Rock Chantell Tibbets Andrew R. Wolpert Travel + Leisure Magazine Kirian Heer Loretta L. Worters Vito Tonkonog Jose Herrero Tribeca Performing Arts Center Jeffrey Turner Amy Leigh Hertenstein Grace Yanez Trinity Boxing Club Sarita Varma R. Davis Hostetter Anna Yevzelman Worldcolor Paulette Welsing Mary Hughes Sarah Yohay Worzalla Publishing Company Caroline Widman Stanley Hum Marcia Arnold Zeitlin Zagat Survey Futures and Options has made every effort to ensure that our listing of contributors is complete and accurate. If we have accidentally omitted your name, please call us at 212.601.0002. 19 State%ent o) Ac,v.,es June 30, 2010 June 30, 2009 9% Support and Revenues 12% Unrestricted: Program Expenses Contri-u/ons $584,492 $518,294 3dminis6ra78e Expenses Contri-u/ons In‐;ind 25,000 5,000 79% Fundraising Expenses 9% Program Service Revenue 12% 800 975 Interest and Other Income 596 1,338 Release oJ prior year restric/ons 53,089 45,000 Program Expenses Financials Temporarily Restricted: Contri-u/ons 106,399 53,089 3dminis6ra78e Expenses

The Release oJ prior year restric/ons (53,089) (45,000) 79% Fundraising Expenses Total Support and Revenues $717,287 $578,696

Expenses Program Expenses: Career Development 107,627 88,850 ‐intern salaries and s/pends Career Development‐other 392,035 319,744 Total Program Expenses $499,662 $408,594

Management and General 80,234 91,059 Fundraising 55,774 35,562 Total Expenses $635,670 $535,215

Increase/ (Decrease) In Net Assets Unrestricted 29,180 35,392 Temporarily Restricted 53,310 8,089 Increase/ (Decrease) In Net Assets $82,490 $43,481

State%ent o) D.nanc.aE Fos.,on June 30, 2010 June 30, 2009 Assets Cash $236,411 $166,065 Contri-u/ons Y S/pend Receiva-les 41,102 19,118 Prepaid Expenses 8,372 4,154 Property and Equipment, Net 13,905 24,102 Total Assets $299,790 $213,439

G.aH.E.,es and Net Assets [ia-ili/es: Accrued Expenses 39,842 35,981 Net Assets: Unrestricted 153,549 124,369 Temporarily Restricted 106,399 53,089 Total Net Assets 259,948 177,458 Total [ia-ili/es and Net Assets $299,790 $213,439 Interns from top: Folagbayi Arowolo and Marlande Valentin.

Amounts are summarized from the audited financial statements provided by Skody, Scot & Company, CPAs, P.C., dated August 30, 2010. 20 Thank you to our partners - the schools, businesses and corporate, foundation and individual supporters - who make it possible for Futures and Options to give New York teens the tools to turn aspirations

Thank You into achievements. We deeply appreciate your loyal support and advocacy. Together we ensure that New York’s underserved youth, who are our City’s emerging workforce, have the skills and education to become self-reliant and contributing citizens.

Tyran Williams, program coordinator and intern Joseph Smith. The Futures and Options Annual Report is published by Futures and Options 120 Broadway, Suite 913, New York, NY 10271.

External Affairs Manager Serena Handley Editor Michael Kaminer Photography Lily Kesselman & Buck Lewis Design Kady Francesconi

This annual report was made possible by the kind generosity of Publishing, Experts, Inc. and Fry Communications, Inc.

Stephen E. Hessler William Bernstein Stephen P. Musante Patricia Machir Chairman Executive Director Cathy Callender Stephanie L. Perry Kristine Kern Serena Handley

Vice Chairman Ephraim Fields Howard M. Rogatnick Staff External Affairs Manager

Richard T. Kennedy Jamaal Glenn Arthur Sobel Tyran Williams Treasurer Program Coordinator Robert Gromadzki Steven Sperber Janet Mannheimer Stefanie Jones Secretary Ketan Kapadia James Stone Program Coordinator

Sameer Ahuja James Liu Christian Sullivan Rebecca Dougherty Assistant Program Coordinator Carol L. Bassin Cynthia A. Marian Vanessa Wilson Janaris Torres Anne Benedict Ozias A. Moore Barbara L. Christen Administrative and Program Assistant Founder/Emeritus Board of Directors

21 120 Broadway l Suite 913 l New York, NY 10271 t 212.601.0002 f 212.601.0005 [email protected] l www.futuresandoptions.org