2011 annual report

Opening the door to greater educational opportunities since 1963. Letter from the president & Board Chair

From the Civil Rights Movement of the 1960s to the election of the first African-American president in 2008, our nation has made great strides in equality. However, there remains much work to do. Growing gaps in educational levels between racial, income and gender groups are making social and economic mobility more challenging, if not impossible. At the same time,  the competitive job market demands more advanced skills increasing the importance of a  quality education. A Better Chance is working to close those gaps. For nearly 50 years, we have been launching talented students on the path to leadership by providing access to outstanding educational opportunities. This past year, A Better Chance helped 525 students gain admission to more than 300 of this nation’s most rigorous boarding, day and public schools, a 13% increase in student placements over the previous year. We also provided academic and enrichment programs including New Scholar Orientation, career development workshops and international travel and Sandra E. Timmons study opportunities for our nearly 2,000 Scholars enrolled in A Better Chance Member Schools. More than 13,000 A Better Chance Alumni continue to excel in their respective fields. A number of these leaders were profiled in renowned journalist Ellis Cose’s provocative new book, The End of Anger, published in May, 2011. Along with African-American Alumni from Harvard Business School, Mr. Cose interviewed more than 200 A Better Chance Alumni to illustrate changing views of race and success from the Civil Rights Movement to the present. Mr. Cose’s inclusion of the A Better Chance Alumni highlighted the organization’s impact on both the students it served and our nation during this period of great progress and change. Our Alumni continue to “give back” to A Better Chance. The Pass It Forward Alumni Fund exceeded its goal for the second year in a row. A Better Chance is preparing its next generation of leaders through the National Advisory Council, comprised of Alumni and other emerging leaders who are helping to strengthen the organization’s national presence, leadership  and fundraising. Our work would not be possible without the continued commitment and engagement of our Ronald R. Pressman many partners, friends and Alumni. This support was evident in A Better Chance’s award of a $200,000 grant from the American Express Members Project, a social media competition.  The A Better Chance community of supporters voted online every week for six months for us to win! Again, many thanks! As we approach our historic 50th Anniversary, we applaud the thousands of determined Scholars and Alumni who are using the opportunities provided by A Better Chance to make our nation the best it can be. They are proving daily that great things result when talent and extraordinary opportunity are brought together. Yet, we also recognize the even greater number of young people who are still seeking “a better chance.” Together, we can continue to transform talented young people often overlooked into outstanding future leaders. Thank you for your continued investment in our Scholars and our shared future.

Sandra E. Timmons  Ronald R. Pressman President   Chair, National Board of Directors

A Better Chance 2011 Annual Report | 1 Program Update

Current Scholars Finding Talent Often Overlooked College Preparatory  Schools Program:  • A Better Chance is the oldest and only national organization of its kind serving approximately Total Enrollment in Academic 2,000 students chosen for their motivation, academic strength and potential who are enrolled Year 2011-2012 – 1,988 in more than 300 of the nation’s most rigorous and prestigious boarding, day and public schools through its College Preparatory Schools Program. • Nearly half of 2011 incoming Scholars’ families make less than the national household  median income. • About 46% of our Scholars live in single-parent households. • Approximately 500 students annually are recruited and placed in outstanding  educational opportunities. • Approximately 96% of A Better Chance graduating seniors immediately enroll in college. 67% African American 17% Hispanic/Latino 6% Asian American 5% Multiracial 4% Other <1% Native American Affiliated Colleges Program

We would like to thank our Affiliated Colleges program partners. These colleges and  universities have partnered with A Better Chance to demonstrate their commitment to diversity. They provide essential resources to assist our Scholars throughout their application process  and give further consideration to Scholar applicants throughout their admissions process. (List as of April 2012)

59% f e m a l e Amherst College Elon University Smith College 41% m a l e Barnard College Emory University Sophie Davis School of Boston University Franklin & Marshall College Biomedical Education Bowdoin College Hamilton College Stanford University Bucknell College Harvey Mudd College Tufts University Carleton College Illinois Institute of Coast Guard Case Western Reserve Technology Academy University Lafayette College University of Chicago Claremont McKenna College Loyola Marymount University University of Delaware Colby College New York University University of Pennsylvania Colgate University Northwestern University University of Richmond 63% Independent  day Schools College of Holy Cross Pomona College University of Southern 29% Independent College of William & Mary Rice University California  Boarding Schools College Saint Thomas Aquinas University of Tampa 8% Community  Davidson College College  school Programs Denison University Sarah Lawrence College Vassar College Drexel University Skidmore College Wesleyan University

A Better Chance 2011 Annual Report | 2  All Boys School |  All Girls School | * 5-day Boarding School | Founding School | Over 35 Year History Member Schools

Member Schools

In the past 49 years, A Better Chance has partnered with many of the most rigorous and prestigious college preparatory schools across the country. To date, we work with more than 300 such institutions committed to educating young people of color who are capable of assuming positions of responsibility and leadership in American society. Approximately a third of our schools have worked with us for more than 35 years. Further, 14 of our schools are founding schools and have been with us from the very beginning. Our Member Schools are the life blood of our work, steadfast in the idea that a better education leads to a better life, and exemplifying that commitment by accepting approximately 500 new A Better Chance Scholars each year.

Northeast Region (CT, MA, ME, NH, Village Community School, New York, NY , Concord, MA Northern NJ, NY, RI, VT) of Garden City,   , Wellesley, MA NY & Northern NJ Day Schools: Garden City, NY , Deerfield, MA  The Brearley School, New York, NY CT, MA, ME, NH, RI, VT Day Schools: , Dublin, NH Brooklyn Friends School, Brooklyn, NY Beaver Country Day School,   Emma Willard School, Troy, NY The Calhoun School, New York, NY Chestnut Hill, MA  The , Simsbury, CT The Cathedral School of St. John the Divine,  , Belmont, MA* , Southborough, MA New York, NY Boston University Academy, Boston, MA The Governor's Academy, Byfield, MA  The Chapin School, New York, NY  , Greenwich, CT , Groton, MA City and Country School, New York, NY , Boston, MA The Gunnery, Washington, CT  Collegiate School, New York, NY  Convent of the Sacred Heart,  , Hebron, ME  Convent of the Sacred Heart,  Greenwich, CT  Hillside School, Marlborough, MA New York, NY  Fenn School, Concord, MA The , Lakeville, CT The Dalton School, New York, NY Hamden Hall Country Day School,  , Kent, CT  , Morristown, NJ Hamden, CT , Kents Hill, ME Dwight Englewood School, Englewood, NJ , New Haven, CT , Meriden, NH Fieldston School, Riverdale, NY The Lexington Christian Academy, Lawrence Academy, Groton, MA Friends Seminary, New York, NY Lexington, MA The , Windsor, CT Grace Church School, New York, NY Noble and Greenough School,  The , Dobbs Ferry, NY Hackley School, Tarrytown, NY* Dedham, MA* , Concord, MA  The Hewitt School, New York, NY The , Weston, MA , Millbrook, NY , Hoboken, NJ  The ,  , Milton, MA  , Summit, NJ West Roxbury, MA  Miss Hall's School, Pittsfield, MA The Kew-Forest School, Forest Hills, NY St. Luke’s School, New Canaan, CT  Miss Porter’s School, Farmington, CT L.R.E.I., New York, NY , Braintree, MA Northfield Mount Hermon School, Mt. , Livingston, NJ The , Beverly, MA Hermon, MA  The Nightingale-Bamford School,   The , Boston, MA , Andover, MA New York, NY Northeast Boarding Schools: , Exeter, NH The Packer Collegiate Institute, Brooklyn, NY  School, Avon, CT , Pomfret, CT Poly Prep Country Day School, Brooklyn, NY , Sheffield, MA , Portsmouth, RI Riverdale Country School, Bronx, NY , Blairstown, NJ , Andover, NH Rudolf Steiner School, New York, NY , North Andover, MA St. George's School, Newport, RI , Rye, NY Buxton School, Williamstown, MA St. Mark’s School, Southborough, MA  St. Bernard’s School, New York, NY The Cambridge School of Weston,  St. Paul’s School, Concord, NH  St. David’s School, New York, NY Weston, MA  Stoneleigh-Burnham School,  St. Luke’s School, New York, NY Canterbury School, New Milford, CT Greenfield, MA  , Rye, NY  , Canaan, NH , Suffield, CT  The Spence School, New York, NY Chapel-Hill-Chauncy Hall School,  Tabor Academy, Marion, MA Staten Island Academy, Staten Island, NY Waltham, MA The , Watertown, CT The Town School, New York, NY , Cheshire, CT , Tilton, NH Trevor Day School, New York, NY , Wallingford, CT Westminster School, Simsbury, CT

A Better Chance 2011 Annual Report | 3  All Boys School |  All Girls School | * 5-day Boarding School | Founding School | Over 35 Year History Member Schools

, Middlebury, CT  National Cathedral School,  Southeast Region (AL, AR, FL, GA, LA, The Mountain School,  Washington, DC MS, NC, SC, TN) Bethlehem, NH The Philadelphia School, Philadelphia, PA Day Schools: Wilbraham & Monson Academy,  The , Martinsville, NJ  The Atlanta Girls’ School, Atlanta, GA Wilbraham, MA The Potomac School, McLean, VA Atlanta International School, Atlanta, GA The Williston Northampton School, , Princeton, NJ The Ben Franklin Academy, Atlanta, GA Easthampton, MA  St. Albans School, Washington, DC Cannon School, Concord, NC , Worcester, MA* St. Andrew’s Episcopal School,  Charlotte Country Day School, Charlotte, NC Community School Programs: Potomac, MD Charlotte Latin School, Charlotte, NC  Amherst A Better Chance, Amherst, MA  St. Joseph’s Preparatory School, Durham Academy, Durham, NC  Andover A Better Chance, Andover, MA Philadelphia, PA The Galloway School, Atlanta, GA  Clinton A Better Chance, Clinton, NY St. Patrick's Episcopal Day School, Heritage Preparatory School, Atlanta, GA  Darien A Better Chance, Darien, CT Washington, DC Holy Innocents' Episcopal School,   Fayetteville-Manlius A Better Chance, St. Peter's School, Philadelphia, PA Atlanta, GA Manlius, NY Sanford School, Hockessin, DE King's Ridge Christian School,   Glastonbury A Better Chance,  The Shipley School, Bryn Mawr, PA Alpharetta, GA Glastonbury, CT Sidwell Friends School, Washington, DC Landmark Christian School, Fairburn, GA Greylock A Better Chance,   Springside School, Philadelphia, PA The Lovett School, Atlanta, GA Williamstown, MA  Stuart Country Day School, Princeton, NJ Marist School, Atlanta, GA  Guilford A Better Chance, Guilford, CT The Tatnall School, Wilmington, DE Mount Paran Christian School,   Madison A Better Chance, Madison, CT Tower Hill School, Wilmington, DE Kennesaw, GA  Masconomet A Better Chance,  United Friends School, Quakertown, PA Our Lady of Mercy High School,  Topsfield, MA Washington International School, Fayetteville, GA  New Canaan A Better Chance,  Washington, DC Pace Academy, Atlanta, GA New Canaan, CT William Penn Charter School,  The Paideia School, Atlanta, GA  Ridgefield A Better Chance, Ridgefield, CT Philadelphia, PA Porter-Gaud School, Charleston, SC  Simsbury A Better Chance, Simsbury, CT Wilmington Friends School, Wilmington, DE Ravenscroft School, Raleigh, NC  Wellesley A Better Chance, Wellesley, MA Boarding Schools: St. Martin’s Episcopal School, Atlanta, GA  St. Pius X Catholic High School, Atlanta, GA Westport A Better Chance, Westport, CT  CFS-The School at Church Farm, Exton, PA Wilton A Better Chance, Wilton, CT Episcopal High School, Alexandria, VA The Waldorf School of Atlanta, Decatur, GA  The Walker School, Marietta, GA Winchester A Better Chance,   Foxcroft School, Middleburg, VA Wesleyan School, Norcross, GA Winchester, MA  Garrison Forest School, Owings Mills, MD The Westminster Schools, Atlanta, GA George School, Newtown, PA Mid-Atlantic Region (DC, DE, MD, Whitefield Academy, Mableton, GA Girard College, Philadelphia, PA Southern NJ, PA, VA, WV) Woodward Academy, College Park, GA , Pottstown, PA Day Schools: The , Princeton, NJ Boarding Schools: The Abington Friends School,  The Kiski School, Saltsburg, PA Asheville School, Asheville, NC Jenkintown, PA The , Lawrenceville, NJ Darlington School, Rome, GA  The Agnes Irwin School, Rosemont, PA  The Madeira School, McLean, VA Indian Springs School, Indian Springs, AL  Chestnut Hill Academy, Philadelphia, PA The Mercersburg Academy, Mercersburg, PA  The McCallie School, Chattanooga, TN Country Day School of the Sacred Heart,  Oldfields School, Glencoe, MD St. Andrew’s School, Boca Raton, FL Bryn Mawr, PA , Hightstown, NJ  St. Mary's School, Raleigh, NC Edmund Burke School, Washington, DC The , Pennington, NJ  Salem Academy, Winston-Salem, NC Episcopal Academy, Newtown Square, PA The Webb School, Bell Buckle, TN The Field School, Washington, DC Perkiomen School, Pennsburg, PA Flint Hill School, Oaktown, VA St. Andrew’s School, Middletown, DE Midwest Region (IA, IL, IN, KS, KY, MI, Friends’ Central School, Wynnewood, PA  St. Margaret’s School, Tappahannock, VA MN, MO, NE, OH, OK, WI)  St. Timothy’s School, Stevenson, MD Friends Select School, Philadelphia, PA Day Schools: The Sandy Spring Friends School,  Germantown Friends School,  The Columbus Academy, Gahanna, OH Sandy Spring, MD Philadelphia, PA  Columbus School for Girls, Columbus, OH Virginia Episcopal School, Lynchburg, VA  The Haverford School, Haverford, PA Elgin Academy, Elgin, IL The Holton-Arms School, Bethesda, MD Westtown School, West Chester, PA Hathaway Brown School,  Lancaster Country Day School,   Woodberry Forest School,  Shaker Heights, OH Lancaster, PA Woodberry Forest, VA Hawken School, Gates Mills, OH The Landon School, Bethesda, MD Community School Programs: The Latin School of Chicago, Chicago, IL The Maret School, Washington, DC  Lower Merion A Better Chance,  Laurel School, Shaker Heights, OH Media-Providence Friends School,  Ardmore, PA The Miami Valley School, Dayton, OH Media, PA Radnor A Better Chance, Wayne, PA The North , Moorestown Friends School,  Strath Haven A Better Chance,  Winnetka, IL Moorestown, NJ Swarthmore, PA The Roeper School, Bloomfield Hills, MI

A Better Chance 2011 Annual Report | 4  All Boys School |  All Girls School | * 5-day Boarding School | Founding School | Over 35 Year History Member Schools

Boarding Schools: St. Margaret’s Episcopal School,  Crystal Springs Uplands School, Gilmour Academy, Gates Mills, OH San Juan Capistrano, CA Hillsborough, CA Interlochen Arts Academy, Interlochen, MI  St. Mark's School of Texas, Dallas, TX Drew School, San Francisco, CA Lake Forest Academy, Lake Forest, IL Viewpoint School, Calabasas, CA Eastside College Preparatory School,  Western Reserve Academy, Hudson, OH Vistamar School, El Segundo, CA East Palo Alto, CA Community School Programs: The Waverly School, Pasadena, CA The Head Royce School, Oakland, CA   Appleton A Better Chance, Appleton, WI Westridge School for Girls, Pasadena, CA International High School,  Edina A Better Chance, Edina, MN Windward School, Los Angeles, CA San Francisco, CA   Rochester A Better Chance, Rochester, MN Boarding Schools: Julia Morgan School for Girls, Oakland, CA Cate School, Carpinteria, CA Lick-Wilmerding High School,  Southwest Region (AZ, Southern CA, The Colorado Rocky Mountain School, San Francisco, CA CO, HI, NM, NV, TX, UT) Carbondale, CO Live Oak School, San Francisco, CA Day Schools: Dunn School, Los Olivos, CA Marin Academy, San Rafael, CA  The Archer School for Girls,   The Hockaday School, Dallas, TX The Marin School, Sausalito, CA Los Angeles, CA Midland School, Los Olivos, CA Maybeck High School, Berkeley, CA Brentwood School, Los Angeles, CA The Orme School, Mayer, AZ Menlo School, Atherton, CA The Buckley School, Sherman Oaks, CA The Thacher School, Ojai, CA The Nueva School, Hillsborough, CA Campbell Hall, North Hollywood, CA Verde Valley School, Sedona, AZ Orinda Academy, Orinda, CA Chadwick School, Palos Verdes  Wasatch Academy, Mt. Pleasant, UT Prospect Sierra School, El Cerrito, CA Peninsula, CA The Webb Schools, Claremont, CA St. Mark’s School, San Rafael, CA Crossroads School for Arts and Sciences, The San Francisco School,  Santa Monica, CA Northwest Region (AK, Northern CA, San Francisco, CA Episcopal School of Dallas, Dallas, TX ID, MT, ND, OR, SD, WA, WY) San Francisco University High School,  Flintridge Preparatory School,  Day Schools: San Francisco, CA La Canada-Flintridge, CA The Athenian School, Danville, CA  Stuart Hall High School, San Francisco, CA The Marlborough School, Los Angeles, CA The Bay School of San Francisco,  The Urban School of San Francisco,  New Roads School, Santa Monica, CA San Francisco, CA San Francisco, CA Oakwood School, North Hollywood, CA The Bentley School, LaFayette, CA Windrush School, El Cerrito, CA Pacific Hills School, West Hollywood, CA The Berkeley School, Berkeley, CA Boarding Schools: Polytechnic School, Pasadena, CA Black Pine Circle School, Berkeley, CA  San Domenico School, San Anselmo, CA Rolling Hills Preparatory School,  The Branson School, Ross, CA  Santa Catalina School, Monterey, CA San Pedro, CA  Castilleja School, Palo Alto, CA Sage Hill School, Newport Coast, CA The College Preparatory School,  Oakland, CA

A Better Chance Alumnus Torrence Boone DreamBuilder Phillips Academy, 1987

Torrence Boone is the Managing Director of Agency Business Development for Google’s New York operations. He is responsible for building Google’s relationships with marketing and advertising agencies across the Americas. Mr. Boone received a Bachelor's degree from Stanford University and graduated from Harvard Business School with a Master's degree in Business Administration. Prior to joining Google, Mr. Boone was the CEO of marketing firm Enfatico, and was president of digital media firm Digitas Boston. He began his career as an Associate Consultant at Bain & Company and quickly became Senior Manager. He serves on the Board of Directors of The Finish Line and the Joyce Theater in New York. Mr. Boone said, "Attending Phillips Andover was one of the most important, formative and expansive experiences of my life. A Better Chance helped make it possible."

A Better Chance 2011 Annual Report | 5 Statement of Activities

Fiscal Year 2011 — Ending August 31, 2011

Temporarily Permanently Unrestricted Restricted Restricted Total 2011

Public Support and Revenue Special events revenue $ 855,066 $ - $ - $ 855,066 Less: costs of direct benefits to donors (65,107) - - (65,107) Net revenues from special events 789,959 789,959 Contributions and grants 1,166,221 606,762 - 1,772,983 Contributions in-kind 150,958 - - 150,958 School membership dues 144,625 - - 144,625 Registration fees and other 58,871 - - 58,871 Investment activity 865,103 195,502 - 1,060,605 Change in value of beneficial interest in perpetual trust - - 54,412 54,412 Net assets released from restrictions 480,737 (480,737) - -

Total Public Support and Revenue 3,656,474 321,527 54,412 4,032,413

Expenses Program services 2,189,448 - - 2,189,448 Management and general 334,676 - - 334,676 Development 675,794 - - 675,794

Total Expenses 3,199,918 - - 3,199,918

Change in Net Assets 456,556 321,527 54,412 832,495

Net assets - beginning of year (1,876,667) 475,183 12,010,440 10,608,956

Net Assets - End of Year (1,420,111) 796,710 12,064,852 11,441,451

Data pulled from audited financial statements for fiscal year 2011 prepared by Marks, Paneth, & Shron, LLP. For complete reports, please contact A Better Chance at (646) 346-1310 or visit us at www.abetterchance.org.

Breakdown of Expenses Source of Contributions Total Expenses: $3,199,918 Total Contributions: $2,779,707

68.5% program Services 31% Events   $2,189,448   $855,066 10.5% finances &  32% Individuals   Administrative  $878,960   $334,676 35% Institutional 21% fundraising   $961,826   $675,794 3% Estates & Trusts  $83,855

A Better Chance 2011 Annual Report | 6 DreamBuilder |  Institutional Funder |  National Partners |  2011 A Better Chance Awards Luncheon Supporters

Supporters of A Better Chance

A Better Chance’s work would not be possible without the generous support of its donors and partners. In fiscal year 2011, Alumni and friends of the organization had the opportunity to make their contributions in the following ways. Individuals either joined or renewed their DreamBuilder membership by pledging to donate at least $1,200 a year. Launched in 2008, the DreamBuilder Program is A Better Chance’s major donor giving society. Those who have joined are part of an esteemed group who recognize the organization’s tremendous legacy and impact, and share our enduring commitment to helping talented youth of color. A Better Chance also appreciates its many Institutional Funders that have shown their support in the form of grants to help fund our signature College Preparatory Schools Program. The National Partnership program enables companies to sponsor The A Better Chance Awards Luncheon—our single biggest event of the year—and provide year-round funding of our programmatic activities. The 2011 A Better Chance Awards Luncheon took place on June 17, and the organization recognized leaders who have demonstrated a serious commitment to supporting education and diversity. Four hundred supporters, Alumni and Scholars saluted our honored guests: the 2011 A Better Chance Scholar award winners, Ursula Burns, Chairman and Chief Executive Officer of Xerox Corporation and Alumnus Deval Patrick (Milton Academy, 1974), Governor of the Commonwealth of Massachusetts. We thank the following donors and partners for investing in our Scholars. Working together, we can make the future that much brighter for each and every one of them.

$100,000+  GE Asset Management  Crane Fund for Widows and Children   American Express Company  GenNx360 Capital Partners, LLC  The Curtis W. McGraw Foundation Anonymous*  Barbara and Peter Georgescu  Digitas  Morgan Stanley Foundation  ING Foundation Malik S.* and Althea A. Ducard  The Twenty-First Century Foundation  Innisfree M&A Incorporated Gregory T. Durant  Xerox Corporation  A. Richard Janiak Dana M. and Robert L. Emery  The Johns Hopkins   $50,000 - $99,999 Ernst & Young LLP Center for Talented Youth  R. Bradford and Barbara Evans  John P. and Barbara Costas /   JPMorgan Chase  The PrinceRidge Group LLC Executive Leadership Council Michael W. Kidd*     Deloitte Gibson, Dunn & Crutcher LLP  Kingsway Financial Services Inc.   Google Inc. Goldman Sachs Gives  The Links Foundation, Inc.  Gregg A. and Charmaine R. Gonsalves $25,000 - $49,999  The Honorable Eugene Ludwig and   Carla A. Harris  Laurie and Peter Allan Atkins Dr. Carol Ludwig  Hewlett-Packard  AT&T, Inc.  Timothy C. McChristian*   Gary and Patricia Holloway  BNY Mellon and Deborah Steer  International Flavors & Fragrances, Inc.  Tracy Chapman* Alan Miller  Jockey Hollow Foundation  Charles M. and Karen Couric The Nielsen Company  Joele Frank, Wilkinson Brimmer Katcher   GE Capital Real Estate  The Peter and Carmen Lucia Buck Derek C. Johnston*  Foundation, Inc. Goldman Sachs Group, Inc.  The Joseph Pedott Perpetual   Louise M. Parent  Piper Jaffray Endowment Trust  Lawrence Richardson* Ronald R. and Mary H. Pressman  JPI   Tracey G. and Phillip J. Riese RLJ Development, LLC  Kimco Realty   Saba Chai Five, Inc. S.D. Bechtel, Jr. Foundation  Carl R. Kuehner Stephen I. and Karen Sadove $10,000 - $24,999 Cheryline R. Lewis*  Saks Fifth Avenue  American Express Foundation  William M. Lewis* and Carol Sutton Lewis  Sills Cummis & Gross P.C.  Baxter Healthcare Corporation Lewis-Bakker Charitable Lead Annuity Trust  Skadden, Arps, Slate, Meagher & Flom LLP  Boies, Schiller & Flexner LLP  Lightriver Technologies, Inc.  Tishman Speyer Properties, Inc. Torrence Boone*  Mario Family Foundation  Roxanne and Kurt Van Wagenen  Brunswick Group LLC  Mayer Brown LLP  Patricia L. Miller Zollar and Al Zollar  Chilton Investment Company  Denis and Britta Nayden  Cleary Gottlieb Steen & Hamilton LLP $5,000 - $9,999  Novartis Pharmaceuticals Corp.  The Coca-Cola Company  The AXA Foundation  Oak Hill Capital Management, Inc.  Debevoise & Plimpton LLP  Beacon Capital Partners, LLC  A. Louis Parker*  Dodge & Cox Joan and James Berkowitz Deval L. Patrick*  Dr. Scholl Foundation Kathleen B. and Charles E. Carey  Roger Penske  Fred C. and Katherine B. Andersen  Centerbridge  Gregory T.* and Irma Robinson Foundation Laura Corb  Ellis B. Rowe

A Better Chance 2011 Annual Report | 7 DreamBuilder |  Institutional Funder |  National Partners |  2011 A Better Chance Awards Luncheon Supporters

 The Schwartz Family Foundation  Dawn Comer Connie and William Pecover  Ervin R. and Louise G. Shames  Commonweal Foundation Jacqueline Y. Pelzer  David R. Smith*  Concrete Stories Lisa M. Price  Sony Corporation of America Robert A. Cook Mark A. Prince*  The V & L Marx Foundation Bertha I. Coombs* Vin and Heidi Restivo  Reginald Van Lee  Stuart and Betty Cotton Jose Resto*  Verizon Foundation Alan Davis Orlando Rivera* and Gina Bolden-Rivera  Wells Fargo & Company Willie A. Deese  Michael P. and Susan Rogan Kendrick R. Wilson Brickson E. Diamond Alanna C. Rutherford Chris* and Lucria Ebanks Tomya Ryans $2,500 - $4,999 Eldora L. Ellison* Paula Saint Germain  Roger S. and Virginia Aaron Kenneth Epps  Secondary School Admission Test Board  ABB, Inc. Julian Evans Deirdre Segerson  Antar A. Al-Qawwee* Gerald Evelyn Ellen Shapiro Luis Amador Celia S. Feinberg * Pamela Simons  Ben E. Factors Foundation Catherine R. Flickinger Rochelle E. Sinclair*  Rodolphus* and Aliya B. Bethea Edward A. Flores* Marc Singer  Bruce J. Breimer Michael D. Fricklas and Dr. Donna J. Astion Ivan Smith  Omar A. Brown Eric J. Furda Joseph A. Smith  Ursula M. Burns and Lloyd F. Bean Joshua D. Galun Keisha Smith Kerry D. Chandler  St. Claire L.* and Monique Gerald St. Clair Kitchen & Home  Dan Klores Communications, Inc. Charlynn and Warren H. Goins – Charles Steinhauer  Darden Restaurants, Inc. Goins Family Fund Chantal Stevens Dental Kidz Alcina L. Goosby  Stone Key Partners Andre A. Francois* E. Michael Greaney Patrick and Jenny Sweeney Allison Gloudon Jawanza J.* and Francoise Gross Lara F. Thompson* Keith Harvey* David Henry Steven Thorne – The Agape Foundation Antoine Hatoun Wanda Holland Greene* Hank L. Torbert*  Bradford* and Andrea Hobbs Sonjii Ivey Rhonda R. Trotter*  KW Multi-Family Management Group Ltd. Charles Jakosa* George L. Van Amson Rashida La Lande Devin Johnson Albert Vasquez*  Labor Solutions, LLC  Jon and Mindy Gray Foundation Alice Vilma  Steven M. Lefkowitz Christina Jordan* Melanie Waits Donald Lowery* Jillian E. Joseph* Nichol T. Whiteman* Robert Mazur Kelly and Randall Kahn* Herbert S. Winokur, Jr.  Paramount Group, Inc. Judith Kaye  World Learning Anne L. Peretz  Ann P. Kern Yared Yawand-Wossen  Pfizer Inc. Ajay Khanna Yee M. Yip*  Phillips-Van Heusen Artur Khrimyan Willis Price  KPMG LLP We would like to thank the following  Mary and John Raitt Brad Lamm sponsors for providing in-kind support Logan Taylor* Mark Levenson to A Better Chance during the year: Sandra E. Timmons Brianna Lewis* Michael Urfirer Teresa Lindsay Roger G. Arrieux  Alfred Winkler*  Ricardo R.* and Evelyn P. Lisojo Drexel University $1,200 - $2,499 Sanford* and Wanda Livingston Susan Eaton GroupM Laura Agostini Eric A. Logan* IBM Corporation  Judy and John M. Angelo Donna Lowery Mind Body Psychiatric Services LLC Linda Ashfield Rhonda C. Lyle Timothy C. McChristian* Bernard K. Asirifi* Hilary A. Magowan Our Lady of Mercy Catholic High School Khary P. Barnes*  Vincent and Anne Mai Lisa Peterson Scott Bower Duane* and Alicia Malone Ronald R. Pressman  Tiffani R. Brown*  Sheila M. Marmon* Tracey G. and Phillip J. Riese Alec Burger Damien J. Marshall Ropes & Gray LLP James Capuano  MB Real Estate Services, LLC Skadden, Arps, Slate, Meagher & Flom LLP Charlita C. Cardwell Martha McGarry Sultan J. simms Mark Carson The Mufson Family Foundation The Westminster Schools Carolyn C. Cavaness* Trey M. Muldrow *A Better Chance Alumni Harrison K. Chang*  National Basketball Association Mary Chang  Ogilvy & Mather This list was culled from records dating from  September 1, 2010 - August 31, 2011  Walter Clair, M.D.* Okwudiri Onyedum  Eric L. and Stacy S. Cochran Sunil M. Oommen Peter Cohl  Palisade Capital Management, LLC

A Better Chance 2011 Annual Report | 8 The National Board of Directors

The National Board of Directors Officers

Chair Vice-Chair Vice-Chair Ronald R. Pressman Timothy C. McChristian * Louise M. Parent Executive Vice President & Vice President, STG Middle East and Africa Executive Vice President & General Counsel Chief Operating Officer IBM American Express Company Tiaa-Cref

Members

Peter Allan Atkins Carla A. Harris Steven S. Rogers * Partner Managing Director Clinical Professor of Management and Finance, Skadden, Arps, Slate Meagher & Flom, LLP Morgan Stanley Kellogg Graduate School of Management Northwestern University Bruce Breimer A. Richard Janiak Principal Emeritus Managing Director Stephen I. Sadove Collegiate School Citigroup Chairman & CEO Saks, Inc. Susan Chapman Henry W. Lavine Senior Vice President, Global Real Estate & Senior Counsel Dmitri Stockton Workplace Enablement Squire, Sanders & Dempsey, LLP President & CEO American Express Company GE Asset Management A. Louis Parker * John P. Costas Consultant Sandra E. Timmons Chairman President The PrinceRidge Group, LLC Tracey G. Riese A Better Chance President Gregory T. Durant TG Riese & Associates, Ltd. Kurt Van Wagenen Vice Chairman & Managing Partner, President & CEO Clients & Industries Gregory T. Robinson * Fiber Tower Corporation Deloitte Associate UBS Oprah Winfrey Gregg A. Gonsalves National Spokesperson Managing Director Goldman Sachs *A Better Chance Alumni

A Better Chance Scholar Sadasia McCutchen Trevor Day School, 2013

A junior at Trevor Day School, Sadasia is a leader in her school and community. She sat on her school’s student council for three years and traveled to San Diego for a student leadership conference. She established a “Treats for Troops” club her freshman year in which she organized bake sales and toiletry drives to collect items for troops stationed in Afghanistan. In her free time, Sadasia enjoys dancing and writing. Her goal is to become a children’s advocacy attorney and return to her neighborhood in the Bronx to encourage children there to accomplish their goals. “A Better Chance has opened up doors for me and I feel confident saying that if it were not for this program, I would not be where I am today - physically, mentally, and motivationally,” Sadasia said.  “I am capable of fulfilling any goal that I put my mind to.”

A Better Chance 2011 Annual Report | 9 The National Advisory Council

The National Advisory Council

Gregory T. Robinson * Gerald Evelyn Adrian Perry * Chair Morgan Stanley Booz Allen Hamilton UBS Loomis Chaffee, 1993 Jawanza Gross * Choate Rosemary Hall, 1997 Morgan Stanley Mark A. Prince Jr. * Antar Al-Qawwee * Deerfield Academy, 1990 Professional Partnering Solutions, Inc. Deutsche Bank Webb School of California, 1986 Keith Harvey * Athenian School, 1996 K.J. Harvey, CPA Bruce Shelton * Khary P. Barnes * Radnor A Better Chance, 1997 VMware, Inc. American Express Company , 1994 Derek C. Johnston * Second Mile A Better Chance, 1998 Sutherland Daria Shelton Rodolphus Bethea * Pomfret School, 1985 Vice Chair for Events Vice Chair for Membership NBC Universal Jillian E. Joseph * Goldman Sachs GE Capital Real Estate Rochelle Sinclair * St. George’s School, 1987 Berkshire School, 1997 PricewaterhouseCoopers * Westover School, 1999 Tiffani R. Brown Rashida K. La Lande Manatt, Phelps & Phillips, LLP Gibson, Dunn and Crutcher LLP David R. Smith * Northfield Mount Hermon School, 1996 Forest City Enterprises Scott W. Langley * University School, 1980 Christina N. Bute Scott W. Langley Insurance Company –  JPMorgan Chase State Farm Insurance Nichol Whiteman * Phillips Exeter Academy, 2004 LA’s Promise Eric Logan * Canterbury School, 1994 Dawn Comer Precision Castparts Corporation IBM Global Business Services Phillips Exeter Academy, 1992 Alfred Winkler, MD * * Department of Urology at  Keenan B. Davis Rhonda C. Lyle Queens Health Network Turtle Beach, Inc. Defense Information Systems Agency (DISA) Lower Merion A Better Chance, 1994 Groton School, 1985 Sheila Marmon * * Sydney Davis Mirror Digital, Inc. *A Better Chance Alumni Paramount Pictures Cate School, 1990 Fayetteville-Manlius, 1983 Bradford P. Meacham * * Soyini Waltin Dubé Thompson Hine LLP PepsiCo Phillips Academy, 2001 Westover School, 1999

A Better Chance Alumna Wanda Holland Greene DreamBuilder Chapin School, 1985

Wanda M. Holland Greene is the head of The Hamlin School in San Francisco. She received her Bachelor's degree from Columbia University and her Master of Arts degree from the Department of Curriculum and Teaching at Columbia University. Upon graduation, Ms. Holland Greene returned to her alma mater, the Chapin School, to teach third grade. At the Chapin School, she became the school’s first Dean of Students. Prior to joining The Hamlin School, Ms. Holland Greene worked for 11 years at in Brookline, Massachusetts, where she served in various roles including Middle School Division Head, Acting Head of School and Assistant Head of School. “A Better Chance introduced me to the world of girls schools, which fueled my passion for learning and leadership,” Ms. Holland Greene said. “Being the head of a girls school feels like I've come full circle.”

A Better Chance 2011 Annual Report | 10 National Staff

The National Staff

Linda Ashfield Richard Martin * Ivonne A. Simms Director of Finance & Administration Coordinator for Admissions Operations Program Manager for the Southeast Region Claudia Bayuelo Faran Nadir Donnie Smith Executive Assistant & Office Manager Finance & Database Manager Program Associate, Northeast Region Maritsa Cholmondeley Dorothy Nixon Chantal N. Stevens Individual Giving & Alumni Relations Manager Consultant – Institutional Giving Manager National Director, College Preparatory Schools Program Christopher Dennis Prasant Nukalapati Program Manager for the Southwest Region Program Manager for the Northwest Region Sandra E. Timmons President Erica He Ellen Ogwaro Volunteer Development & Marketing Intern Program Assistant for Administration Isabella Trauttmansdorff Senior Program Manager for the Johnathon Gibson * Sunil Oommen Northeast & New York Metro Regions Community Schools Program Manager Director of Development Keith Wilkerson Eleanor Grier Dawnell Powell Senior Program Manager for the Program Associate, Northwest Region Program Associate, Northeast Region Mid-Atlantic Region Zhiao Huang Martina Previl * Volunteer Finance Intern Program Associate, Southeast Region *A Better Chance Alumni Susan Kahn Deepa Sampat Database Analyst Development Associate

A Better Chance Scholar Jonathan Evans Dwight-Englewood School, 2016

An eighth grader at Dwight-Englewood School, Jonathan is committed to learning as much as he can.  He has received a plethora of academic awards and distinctions, ranging from High Honor Roll, Principals awards and at the Spelling Bee. Jonathan also won an award for a writing contest called  “Dear Mr. President” sponsored by the Scholastic Book Club of New York. While the organization received more than 15,000 letters from across the nation, only 200 winners were selected, and Jonathan’s letter was among the very best. He also has a great sense of humor and loves to help others. He volunteers to help feed the homeless, mentors a third grader, and ushers every second Sunday in church. Jonathan’s dream is to attend college and become a scientist. In pursuit of that dream, Jonathan earned a position in the Physician Scientist Training Program based at Southern Methodist University in Dallas.

A Better Chance 2011 Annual Report | 11