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A BETTER CHANCE 2015 ANNUAL REPORT

FROM APPLICANT TO GRADUATE Since 1963, A Better Chance has been opening the door to educational opportunities for thousands of young people of color in this nation. Our mission is to increase substantially the number of well-educated young people of color who are capable of assuming positions of responsibility and leadership in American society. We carry out our mission through our signature Preparatory Schools Program (“CPSP”), which annually recruits, refers and supports approximately 500 A Better Chance Scholars at more than 300 of the nation’s leading boarding, day and public schools.

Program Update & Accomplishments.....2 Statement of Activities...... 10 College Partners...... 4 Supporters...... 11 Member Schools ...... 5 National Board of Directors...... 15 A Better Chance on the Map...... 8 National Staff...... 16 LETTER FROM PRESIDENT & BOARD CHAIR

What a year — A Better Chance Scholars and Alumni hit major milestones in 2015! Not only did 100% of our 405 seniors enter many of this nation’s most competitive and universities, but our Alumni network grew to an impressive number. To date, more than 15,000 diverse, talented young people have graduated from many of the nation’s most rigorous secondary schools as A Better Chance Alumni. To achieve these results in 2015, our committed staff of 27 worked hard to expand our programming offerings and capacity to support even more Scholars and Alumni in the future. We conducted more than 70 information sessions (in English and Spanish) and spoke with more than 2,200 families across the country. We administered admissions Sandra E. Timmons tests to almost 1,000 students nationwide offering nearly $150,000 in test fee waivers. Our program team visited Scholars from coast to coast to encourage and check on progress, contributing to an impressive retention rate of 99%. Thanks to this work, by the end of our 2015 fiscal yearA Better Chance Scholars had access to 327 independent day schools, boarding schools and high-performing public schools across the country. Last year alone, we added 20 new member schools to our national network, creating even greater opportunity for our future applicants. Last year, our new Scholars also benefitted from our historic partnership with our Member Schools to make their dreams possible. A Better Chance’s new Scholars received $9.1 million in financial aid in fiscal year 2015 — over one million more than our new students received in 2014! These achievements were possible because of the families who Ronald R. Pressman worked with us to ensure their children’s future success and because thousands of others donated time and treasure to promote educational achievement and leadership among young people of color. Your support in 2015 was vital to helping us identify, prepare and position our young Scholars for success. To sustain this success into the future, we continued to grow support for “There Is No Stopping Us”, our transformative $20 million campaign focused on expanding student access to the most rigorous college preparatory schools and increasing programming to ensure success in college and beyond. With the close of the campaign approaching in December 2016, we have already begun to expand our reach to new geographic areas, deepen support to applicants and scholars through expanded programming, and worked to grow our already strong endowment to ensure the future sustainability of A Better Chance. We need the continued support of our Alumni, parents, friends, program and institutional partners to complete our campaign successfully and help thousands of talented young people of color achieve their full potential. Please join us in our historic work by making a campaign contribution at this time. Thank you for your continued belief in and support of our important mission to increase substantially the number of well-educated young people of color who are capable of assuming positions of responsibility and leadership in American society. Together, we will realize a future that includes talent from every community.

Sandra E. Timmons Ronald R. Pressman President Chair, National Board of Directors PROGRAM UPDATE FINDING TALENT OFTEN OVERLOOKED A Better Chance is the oldest and only national organization of its kind. For over 50 years we have worked to change the life trajectory of academically talented youth of color by providing access to rigorous educational opportunities through our signature College Preparatory Schools Program (CPSP). Our Scholars have the ability but often lack the means and access. Our job is to provide a critical bridge and the support they need to succeed in high school, college and beyond. A Better Chance serves more than 2,000 motivated and academically exceptional students enrolled in over 300 of the nation’s most rigorous and prestigious boarding, day and public schools.

Over 40% of our 85% of our Scholars Approximately 500 Scholars’ families have grade averages students annually are make less than the that range from recruited and placed national household 89% – 100% in outstanding educa- median income of tional opportunities $51,900

TOTAL ENROLLMENT GENDER CURRENT SCHOLAR STATS for Academic Year 2014 – 2015 2,076 56% 44% SCHOLARS FEMALE MALE

2 | A Better Chance | 2015 Annual Report 2015 ACCOMPLISHMENTS

100% of A Better Chance’s 405 graduating seniors enrolled directly in college in 2015. On average, 96% of A Better Chance’s graduating seniors annually enroll directly in college.

In 2015, A Better Chance reached the following milestones:

Added 20 new Member Partnered with businesses Expanded our capacity Schools to our network and corporations to offer with new hires across resulting in 327 schools scholarship and internship the country. nationwide. opportunities.

Advised and advocated Raised $12.5 million for families in order to cumulatively towards leverage $9.1 million in There Is No Stopping financial aide for our new Us, our $20 million Scholars. campaign.

MEMBER SCHOOLS BY TYPE ETHNICITY

199 Independent 68% African American Day Schools 15% Hispanic/Latino 106 Independent 8% Mulitiracial/Biracial 327 Boarding Schools 7% Asian American SCHOOLS* 22 Community 2% Other School Programs <1% Native American

* As of August 31, 2015

A Better Chance | 2015 Annual Report | 3 A BETTER CHANCE FROM START TO FINISH FROM APPLICANT TO GRADUATE THE MAKING OF AN A BETTER CHANCE SCHOLAR

Founded in 1963, A Better Chance’s original mission was poverty alleviation for people of color through rigorous education. Today, we work to create a pipeline of talented, well-educated young people of color who are capable of diversifying our national leadership in all sectors — government, business, academia, media and beyond. We execute our mission through our signature College Preparatory Schools Program (CPSP), which focuses on underrepresented people of color in six main geographic areas: the Northeast, the Metro Area, the Southeast, the Northwest, the Southwest and the Midwest. The CPSP has four main components through which we move students from applicant, to candidate, to Scholar. These four components are: Identification, Preparation, Placement and Scholar Support. Annually, A Better Chance invests an average of $2,700 per student to move a talented young person from an applicant to a Scholar. Throughout this report, you will learn more about our process and the resources we offer thousands of students and families each year.

FOUR PHASES OF OUR COLLEGE PREPARATORY SCHOOLS PROGRAM (CPSP)

APPLICANT STAGE CANDIDATE STAGE SCHOLAR STAGE

1 2 3 4 IDENTIFY PREPARE PLACE SUPPORT

2,000 1,000 students 500 new Scholars 2,000 Scholars applicants accepted to cohort placed annually (6-12) supported annually

4 | A Better Chance | 2015 Annual Report PHASE APPLICANT STAGE: 1 IDENTIFY

• Partner with community-based organizations • Work with counselors and teachers at under-resourced elementary and middle schools • Referrals from parents, Alumni, and others In February of 2015, A Better Chance released its application to students seeking placement at one of our Member Schools in the fall of 2016. That’s right — from start to finish our application and placement process is an intensive 18-month journey! By May of 2015 we receive applications from more than 2,000 eager young people and their families. How do we do recruit these families? Over a period of months A Better Chance works closely with our network of feeder schools and aligned organizations to recruit the nation’s most talented students with the desire and potential to be leaders. We also offer information sessions for families all over the country — in 2015 we held over 70 information sessions across 27 states at our regional offices, in churches, at schools, online and anywhere potential leaders might be found. Parents, Alumni and friends of A Better Chance chipped in by referring students we might not have encountered otherwise. In 2015, we invested nearly $650,000, or $325 per student, on identification and recruitment.

A family joins A Better Chance for their child to have a better chance in this world. In return their Scholar leaves “ a legacy for this world to have a better chance.” — Renee Stevenson, mother of Hannah Stevenson (The Buckley School, 2015)

A Better Chance | 2015 Annual Report | 5 A BETTER CHANCE FROM START TO FINISH

PHASE CANDIDATE STAGE: 2 PREPARE

• Mock admissions interviews • School referrals • Test preparation (summer workshops) • Financial aid overview • SSAT/ISEE testing

With applications due in May of each year, by June our staff has reviewed each and every one. From our initial 2,000 applicants we identify more than 1,000 students with the strongest grades, test scores, letters of recommendation and extracurricular and community activities to become members of our cohort. Over the next year, these students will have access to the numerous resources and decades of experience that A Better Chance has to offer, as we work together to find the best school placement for each student. Candidates work with our network of volunteers to perfect their interview skills; they attend our intensive skills building workshops; and they receive personalized school referrals based on their individual interests and strengths. By the time we submit candidates to our schools, they are presenting the strongest possible applications and are well-versed in the financial aid process, thanks to receiving our first-hand knowledge and expertise. In 2015, A Better Chance invested over $500,000, or approximately $500 per student, to prepare more than 1,000 candidates.

“I was impressed with how A Better Chance guides parents who have anxiety about the independent school application process.” — Gurinder Kalra, A Better Chance Parent

6 | A Better Chance | 2015 Annual Report PHASE SCHOLAR STAGE: 3 PLACEMENT

• Admissions interviews • Member School visits • School decisions • New Scholar Orientation • Preparedness workshops

In March, about one year after candidates begin their journey with A Better Chance, admissions decisions begin flooding in! During the months leading up to decision day, A Better Chance works with our families to schedule official admissions interviews and school visits, and we hold School Fairs and Finishing Strong workshops. Last year we held School Fairs in , , Washington DC, Atlanta, San Francisco, and Los Angeles. At fairs, students and families gather information, meet school staff, and learn more about regional and national independent school options. More than 140 schools and 800 families attended the fairs. At Finishing Strong workshops families learn crucial strategies that help increase their chances of being accepted for enrollment during the period after their student is referred to schools, but before they receive admissions offers. In 2015, we held 25 Finishing Strong workshops attended by 600 families nationwide. Once a student is offered admission to and accepts placement at one of our Member Schools, they become an official A Better Chance Scholar! In June, we welcome our new Scholars at regional events all over the country to allow our new students and families to connect with each other and reap the benefits of the A Better Chance network immediately. In July, our newly admitted students gather for four-day New Scholar Orientations in or Philadelphia, based on their region. At these intensive events, Scholars are prepped for what to expect at their new schools (particularly how to anticipate and prepare for the likelihood of being one of a few students of color) and how to take advantage of the new resources at their disposal to maximize their future success. Scholars form life-long bonds at Orientation and leave ready to navigate the educational and social landscapes at their schools in the fall. In 2015, A Better Chance invested nearly $700,000, or approximately $1,500 per student, to place 500 new Scholars at our Member Schools.

A Better Chance | 2015 Annual Report | 7 A BETTER CHANCE FROM START TO FINISH

PHASE SCHOLAR STAGE: 4 SUPPORT

• Academic & Leadership Development: Study skills workshops, diversity discussions, college classes, group leading opportunities, leadership development courses and school visits from A Better Chance staff • Scholar & Family Affinity: End-of-Year gatherings, holiday parties, back-to-school meetings, Parents-as-Partners groups, and Annual Awards scholarships for top Scholars • Summer Enrichment: International travel and domestic academic programs and camps • College Awareness: College Tour, college admissions workshops, SAT crash course, “safety net” funds, and college fairs • Career Readiness: Exposure to career options, resume writing training, networking practice, internship opportunities and leadership development • Civic Engagement: volunteer opportunities with A Better Chance and regional community service initiatives

From the moment a student becomes an official A Better Chance Scholar they have access to the numerous resources and strong network A Better Chance offers through our signature College Preparatory Schools Program (CPSP)! Our CPSP programming consists of six building blocks: academic and leadership development, Scholar and family affinity, summer enrichment, college awareness, career readiness, and civic engagement. At their schools, in their social lives and extracurricular activities, and on the road to colleges and careers, we stand beside our Scholars to offer guidance, resources and support. We ensure our students’ success and the success of the communities from which they come. We strive to create tomorrow’s civic-minded professionals of color. In 2015, A Better Chance invested nearly $870,000, or approximately $435 per student, to support 2,000 Scholars on the path to success in middle school, high school and beyond.

8 | A Better Chance | 2015 Annual Report 2015 MEMBER SCHOOLS MEMBER SCHOOLS

Since 1963, A Better Chance has partnered with many of the most rigorous and prestigious college preparatory schools in the country. To date, we work with 327 such institutions, across 27 states, committed to diversity. Our Member Schools make a significant financial investment in A Better Chance and our Scholars to improve diversity at their respective schools. Approximately one third of our schools have been partners for more than 35 years. Further, 16 of our schools are founding schools and have partnered 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. They exemplify this commitment by accepting approximately 500 new A Better Chance Scholars each year.

 All Boys School |  All Girls School | * 5-day | Original Partner School | Over 35 Year

NORTHEAST REGION Rudolf Steiner School, New York, NY Noble and Greenough School, NY, Northern NJ, ME, CT, , Rye, NY Dedham, MA * NH, MA, RI, VT  , Rye, NY The , Weston, MA   The Roxbury School, NY & Northern NJ Day Schools: The , New York, NY  St. Bernard’s School, New York, NY , MA  The , New York, NY  St. Luke’s School, New Canaan, CT Friends School, Brooklyn, NY St. David’s School, New York, NY  St. Sebastian’s School, Needham, MA Brooklyn Heights Montessori School, St. Luke’s School, New York, NY Thayer , Braintree, MA Brooklyn, NY , Staten Island, NY , Beverly, MA The , New York, NY , New York, NY  The Cathedral School of St. John the Divine, , New York, NY The , , MA , New York, NY New York, NY ME, CT, NH, MA, RI, VT of Garden City,  The , New York, NY Boarding Schools: Garden City, NY City and Country School, New York, NY  School, Avon, CT  Collegiate School, New York, NY NY & Northern NJ Boarding Schools: , Sheffield, MA  Convent of the Sacred Heart, , Blairstown, NJ , North Andover, MA New York, NY  Emma Willard School, Troy, NY Buxton School, Williamstown, MA The , New York, NY The , Dobbs Ferry, NY The Cambridge School of Weston, Dwight-Englewood School, , Millbrook, NY Weston, MA Englewood, NJ The Stony Brook School, Stony Brook, NY Canterbury School, New Milford, CT Fieldston School, Bronx, NY  , Canaan, NH , New York, NY ME, CT, NH, MA, RI, VT Day Schools: Chapel Hill-Chauncy Hall School, , New York, NY Beaver Country Day School, Waltham, MA , Tarrytown, NY * Chestnut Hill, MA , Cheshire, CT  , New York, NY  , Belmont, MA * , Wallingford, CT , Hoboken, NJ Academy, Boston, MA , Concord, MA  , Summit, NJ  , Greenwich, CT  , Wellesley, MA The Kew-Forest School, Forest Hills, NY , Boston, MA , Deerfield, MA L.R.E.I., New York, NY  Convent of the Sacred Heart, , Dublin, NH , Livingston, NJ Greenwich, CT  The , Simsbury, CT  The Nightingale-Bamford School,  Fenn School, Concord, MA , Southborough, MA New York, NY , Green Farms, CT , Bethel, ME The Packer Collegiate Institute, Hamden Hall Country Day School, The Governor’s Academy, Byfield, MA Brooklyn Heights, NY Hamden, CT , Groton, MA Country Day School, Brooklyn, NY , New Haven, CT The Gunnery, Washington, CT The Red Oaks School, Morristown, NJ Lexington Christian Academy,  Hillside School, Marlborough, MA , Bronx, NY Lexington, MA (continues on page 12)

A Better Chance | 2015 Annual Report | 9 A BETTER CHANCE ON THE MAP SCHOLARS, ALUMNI AND MEMBERS SCHOOLS BY REGION

NORTHWEST

389 2,446

37

SOUTHWEST

249 2,961

35

SCHOLARS

ALUMNI

MEMBER SCHOOLS

10 | A Better Chance | 2015 Annual Report SCHOLARS, ALUMNI AND MEMBERS SCHOOLS BY REGION

NORTHEAST MIDWEST

480 4,596 55 1,147

129 21

MID-ATLANTIC

402 3,003

68

SOUTHEAST

501 1,757

37

A Better Chance | 2015 Annual Report | 11  All Boys School |  All Girls School | * 5-day Boarding School | Original Partner School | Over 35 Year History 2015 MEMBER SCHOOLS

Northeast Boarding Schools Con’t:  Simsbury A Better Chance,  St. Joseph’s Preparatory School, The , Lakeville, CT Simsbury, CT Philadelphia, PA , Kent, CT  Wellesley A Better Chance, Wellesley, MA St. Patrick’s Episcopal Day School, , Kents Hill, ME  Westport A Better Chance, Westport, CT Washington, DC , Meriden, NH Wilton A Better Chance, Wilton, CT St. Peter’s School, Philadelphia, PA Lawrence Academy, Groton, MA  Winchester A Better Chance,  Stuart Country Day School, The , Windsor, CT Winchester, MA Princeton, NJ , Concord, MA Takoma Academy, Takoma Park, MD , Milton, MA MID-ATLANTIC REGION The Tatnall School, Wilmington, DE (DC, DE, MD, PA, VA, WV,  Miss Hall’s School, Pittsfield, MA United Friends School, Quakertown, PA Southern NJ)  Miss Porter’s School, Farmington, CT Washington International School, Northfield Mount Hermon School, Day Schools: Washington, DC Mount Hermon, MA , Jenkintown, PA William Penn Charter School, , Andover, MA  The Agnes Irwin School, Rosemont, PA Philadelphia, PA , Exeter, NH Barrie School, Silver Spring, MD Wilmington Friends School, , Pomfret, CT The Beddow School, Accokeek, MD Wilmington, DE Country Day School of the Sacred Heart, , Boarding Schools: Portsmouth, RI Bryn Mawr, PA  CFS - The School at Church Farm, Doane Academy, Burlington, NJ , Andover, NH Exton, PA Edmund Burke, Washington, DC The Putney School, Putney, VT Episcopal High School, Alexandria, VA , Newtown Square, PA St. George’s School, Middletown, RI  Foxcroft School, Middleburg, VA The Field School, Washington, DC St. Mark’s School, Southborough, MA  Garrison Forest School, Owing Mills, MD Flint Hill School, Oakton, VA St. Paul’s School, Concord, NH George School, Newtown, PA Friends’ Central School, Wynnewood, PA  Stoneleigh-Burnham School, , Pottstown, PA Friends School Mullica Hill, Mullica Hill, NJ Greenfield, MA The Hun School, Princeton, NJ Friends School of , Baltimore, MD , Suffield, CT  , Saltsburg, PA Friends Select School, Philadelphia, PA Tabor Academy, Marion, MA The , Lawrenceville, NJ Germantown Friends School, The , Watertown, CT  The Madeira School, McLean, VA Philadelphia, PA , Tilton, NH The , Mercersburg, PA  The , Haverford, PA Walnut Hill School for ,  Oldfields School, Glencoe, MD The Holton-Arms School, Bethesda, MD Natick, MA The , Hightstown, NJ Lancaster Country Day School, Westminster School, Simsbury, CT , Pennington, NJ Lancaster, PA  , Middlebury, CT , Pennsburg, PA  The , The Landon School, Bethesda, MD Saint James School, Hagerstown, MD  Bethlehem, NH Malvern Preparatory School, Malvern, PA The Sandy Spring Friends School, Wilbraham & Monson Academy, Maret School, Washington, DC Sandy Spring, MD Wilbraham, MA Media-Providence Friends School, St. Andrew’s School, Middletown, DE Media, PA The Williston Northampton School,  St. Margaret’s School, Tappahannock, VA  , Easthampton, MA  St. Timothy’s School, Stevenson, MD , Worcester, MA * Merion Station, PA Virginia Episcopal School, Lynchburg, VA  National Cathedral School for Girls, West Nottingham Academy, Colora, MD Northeast Community Washington, DC Westtown School, West Chester, PA School Programs: of Baltimore,  Woodberry Forest School,  Amherst A Better Chance, Amherst, MA Baltimore, MD Woodberry Forest, VA  Andover A Better Chance, Andover, MA The Philadelphia School, Philadelphia, PA Community School Programs:  Clinton A Better Chance, Clinton, NY The , Basking Ridge, NJ   Darien A Better Chance, Darien, CT The Potomac School, McLean, VA Lower Merion A Better Chance, Ardmore, PA  Fayetteville-Manlius A Better Chance,  Princeton Academy of the Sacred Heart, Radnor A Better Chance, Radnor, PA Manlius, NY Princeton, NJ Strath Haven A Better Chance,  Glastonbury A Better Chance, , Princeton, NJ Glastonbury, CT Sanford School, Hockessin, DE Swarthmore, PA Greylock A Better Chance, Sheridan School, Washington, DC Williamstown, MA The , Bryn Mawr, PA SOUTHEAST REGION  Guilford A Better Chance, Guilford, CT Sidwell Friends School, Washington, DC (AL, AR, FL, GA, LA, MS, NC, SC, TN)  Madison A Better Chance, Madison, CT Springside-Chestnut Hill Academy, Day Schools:  New Canaan A Better Chance, Philadelphia, PA Academe of the Oaks, Decatur, GA New Canaan, CT  St. Albans School, Washington, DC  Atlanta Girls’ School, Atlanta, GA  Ridgefield A Better Chance, St. Andrew’s Episcopal School, Atlanta International School, Atlanta, GA Ridgefield, CT Potomac, MD The Ben Franklin Academy, Atlanta, GA

12 | A Better Chance | 2015 Annual Report  All Boys School |  All Girls School | * 5-day Boarding School | Original Partner School | Over 35 Year History 2015 MEMBER SCHOOLS

Cannon School, Concord, NC Boarding Schools: NORTHWEST REGION Charlotte Country Day School, Charlotte, NC Cranbrook Schools, Bloomfield Hills, MI (Northern CA, ID, MT, ND, NE, Charlotte Latin School, Charlotte, NC Gilmour Academy, Gates Mills, OH OR, SD, WA, WY) The Galloway School, Atlanta, GA Interlochen Arts Academy, Interlochen, MI Day Schools: Gaston Day School, Gastonia, NC Lake Forest Academy, Lake Forest, IL The , Danville, CA Heritage Preparatory School, Atlanta, GA Western Reserve Academy, Hudson, OH The Bay School of San Francisco, Holy Innocents’ Episcopal School, San Francisco, CA Community School Programs: Atlanta, GA Bentley School, Lafayette, CA  Appleton A Better Chance, Appleton, WI King’s Ridge Christian School, The Berkeley School, Berkeley, CA Edina A Better Chance, Edina, MN Alpharetta, GA Black Pine Circle School, Berkeley, CA  Rochester A Better Chance, Landmark Christian School, Fairburn, GA The Branson School, Ross, CA The Lovett School, Atlanta, GA Rochester, MN The College Preparatory School, Marist School, Atlanta, GA Oakland, CA Mount Paran Christian School, SOUTHWEST REGION  Convent of the Sacred Heart HS, Kennesaw, GA (Southern CA, AZ, CO, NV, NM, San Francisco, CA Mount Vernon Presbyterian School, TX, UT) Crystal Springs Uplands School, Atlanta, GA Day Schools: Hillsborough, CA Pace Academy, Atlanta, GA  The Archer School for Girls, Drew School, San Francisco, CA The Paideia School, Atlanta, GA Los Angeles, CA The Head-Royce School, Oakland, CA Porter-Gaud School, Charleston, SC Brentwood School, Los Angeles, CA International High School, Ravenscroft School, Raleigh, NC The Buckley School, Sherman Oaks, CA San Francisco, CA St. Martin’s Episcopal School, Atlanta, GA Campbell Hall, North Hollywood, CA  Julia Morgan School for Girls, St. Pius X Catholic High School, Atlanta, GA Chadwick School, Oakland, CA The Waldorf School of Atlanta, Decatur, GA Palos Verdes Peninsula, CA Lick-Wilmerding High School, The Walker School, Marietta, GA Crossroads School for Arts and , San Francisco, CA Wesleyan School, Peachtree Corners, GA Santa Monica, CA Live Oak School, San Francisco, CA The Westminster Schools, Atlanta, GA Episcopal School of Dallas, Dallas, TX Marin Academy, San Rafael, CA Whitefield Academy, Mableton, GA Flintridge Preparatory School, Marin Country Day School, Woodward Academy, College Park, GA La Cañada Flintridge, CA Corte Madera, CA The Marin School, San Rafael, CA Boarding Schools:  Marlborough School, Los Angeles, CA Mark Day School, San Rafael, CA Asheville School, Asheville, NC New Roads School, Santa Monica, CA Maybeck High School, Berkeley, CA Indian Springs School, Indian Springs, AL Oakwood School, North Hollywood, CA  , Atherton, CA The McCallie School, Chattanooga, TN Pacific Hills School, West Hollywood, CA  Salem Academy, Winston-Salem, NC The Nueva School, Hillsborough, CA The Pegasus School, Huntington Beach, CA St. Andrew’s School, Boca Raton, FL Orinda Academy, Orinda, CA Polytechnic School, Pasadena, CA The Webb School, Bell Buckle, TN Presidio Hill School, San Francisco, CA Rolling Hills Preparatory School, Prospect Sierra School, El Cerrito, CA San Pedro, CA Redwood Day School, Oakland, CA MIDWEST REGION Sage Hill School, Newport Coast, CA San Francisco Friends School, (IA, IL, IN, KS, KY, NE, MI, MN, St. Margaret’s Episcopal School, MO, OH, OK, WI) San Francisco, CA San Juan Capistrano, CA The San Francisco School, Day Schools:  St. Mark’s School of , Dallas, TX San Francisco, CA Chiaraville Montessori School, Viewpoint School, Calabasas, CA San Francisco University High School, Evanston, IL Vistamar School, El Segundo, CA San Francisco, CA The Chicago Academy for the Arts, The Waverly School, Pasadena, CA  Stuart Hall High School, Chicago, IL  Westridge School for Girls, Pasadena, CA San Francisco, CA The Columbus Academy, Gahanna, OH The Urban School of San Francisco,  Columbus School for Girls, Boarding Schools: Columbus, OH , Carpinteria, CA San Francisco, CA Elgin Academy, Elgin, IL The Colorado Rocky Mountain School, Car- Boarding Schools:  Hathaway Brown School, bondale, CO Eastside College Preparatory School, East Shaker Heights, OH Dunn School, Los Olivos, CA Palo Alto, CA Hawken School, Gates Mills, OH  The Hockaday School, Dallas, TX  San Domenico School, San Anselmo, CA The Latin School of Chicago, Chicago, IL Midland School, Los Olivos, CA  Santa Catalina School, Monterey, CA The North , The Orme School, Mayer, AZ Winnetka, IL The Thacher School, Ojai, CA The Roeper School, Birmingham, MI Verde Valley School, Sedona, AZ  , Hunting Valley, OH Villanova Preparatory School, Ojai, CA * University School of Milwaukee, Wasatch Academy, Mt. Pleasant, UT Milwaukee, WI The Webb Schools, Claremont, CA

A Better Chance | 2015 Annual Report | 13 STATEMENT OF ACTIVITIES: FISCAL YEAR 2015 ENDING AUGUST 31, 2015

Temporarily Permanently Unrestricted Restricted Restricted Total 2015 PUBLIC SUPPORT AND REVENUE Special events revenue $ 871,949 $ - $ - $ 871,949 Less: costs of direct benefits to donors (84,863) - - (84,863) Net revenues from special events 787,086 787,086 Contributions and grants 502,452 711,950 2,500 1,216,902 Contributions in kind 1 8 3 , 5 9 3 - - 183,593 School membership dues 140,025 - - 140,025 Registration fees and other 80,567 - - 80,567 Appropriations for operations 600,000 - - 600,000 Change in value of beneficial interest in perpetual trust - - - - Other transfers - - - - Net assets released from restrictions 1,132,715 (1,132,715) - -

TOTAL PUBLIC SUPPORT AND REVENUE 3,426,438 (420,765) 2,500 3,008,173

EXPENSES Program services 2,893,945 - - 2,893,945 Management and general 374,553 - - 3 7 4 , 5 5 3 Development 931,555 - - 931,555

TOTAL EXPENSES 4,200,053 - - 4,200,053

Change in value of beneficial interest in perpetual trust (77,262) (77,262) Investment return on endowments 1 7 3 , 9 8 8 (534,628) - (360,640) Appropriations for Operations - (600,000) - (600,000)

CHANGE IN NET ASSETS (599,627) (1,555,393) (74,762) (2,229,782)

Net assets - beginning of year (1,981,470) 5,126,088 12,208,312 1 5 , 3 5 2 , 9 3 0

NET ASSETS - END OF YEAR (2,581,097) 3,570,695 12,133,550 13,123,148

BREAKDOWN OF EXPENSES SOURCE OF CONTRIBUTIONS Total Expenses: $4,200,053 Total Contributions: $2,290,551

38% Events (Includes in-kind contributions) $871,949 69% Program Services 21% Individuals $2,893,945 $492,224 9% Finance & 22% Institutional Administrative $498,147 $374,553 16% 50th Anniversary Pledges 22% Fundraising $931,555 $366,246 3% Estates & Trusts $61,985

Data summarized from audited financial statements for fiscal year 2015 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.

14 | A Better Chance | 2015 Annual Report 2015 SUPPORTERS OUR SUPPORTERS

A Better Chance’s work would not be possible without the generous support of its donors and partners. In fiscal year 2015, Alumni, friends, and institutional and corporate partners of the organization made contributions in the following ways:

THERE IS NO STOPPING US CAMPAIGN A group of A Better Chance’s staunchest supporters made early gifts to our first-ever fundraising campaign, There Is No Stopping Us. Thanks to those individuals, we have raised more than $12 million towards our $20 million goal — these funds will allow us to expand our reach, better support our current Scholars and Alumni, and sustain the leadership pipeline for generations to come.

ANNUAL FUND AND ANNUAL EVENT SUPPORTERS Individuals joined or renewed their DreamBuilder membership by donating at least $1,200 last year. Launched in 2008, members of the DreamBuilder Society are part of an esteemed group of annual fund donors who recognize the organization’s tremendous legacy and impact and share our enduring commitment to helping talented youth of color. Individuals and organizations also supported The 2015 A Better Chance Awards Luncheon. Last June 12, we recognized leaders who have demonstrated a serious commitment to supporting education and diversity. Our 400 closest supporters, Alumni, and Scholars saluted our honored guests: the 2015 A Better Chance Scholar award winners, DreamBuilder Award winner Quintin E. Primo III, Chairman and Chief Executive Officer of Capri Investment Group, and Benjamin E. Mays Award winner John Sexton, President Emeritus of .

INSTITUTIONAL FUNDERS AND NATIONAL PARTNERS A Better Chance also appreciates its institutional funders who have shown their support for our signature College Preparatory Schools Program. Included in this list are members of our National Partnership Program. These corporate partners support A Better Chance in two ways: they contribute to our annual event — The A Better Chance Awards — and provide year-round funding of our programmatic activities through donations to the annual fund.

We thank the donors and partners on the following pages for investing in our Scholars. Your generosity has changed more than 15,000 lives!

A Better Chance | 2015 Annual Report | 15  A Better Chance Awards Luncheon | * A Better Chance Alumni 2015 SUPPORTERS THERE IS NO STOPPING US LEAD DONORS CHAIRMAN’S CIRCLE Tim and Deborah McChristian* OTHER LEAD GIFTS $1,000,000 + Mr. Jim Reynolds Michael H. Armacost Anonymous* Tracey and Phillip Riese CastleOak Securities, L.P. Larry A. Coles* $250,000 + Steve and Karin Sadove Dawn Comer Peter Atkins Erv and Louise Shames Soyini D. Waltin Dubé* The Ford Foundation Dmitri and Renee Stockton Malik S. and Althea A. Ducard* Carla A. Harris Janice and Christopher Williams Jenny Y. Harrison* Carol Sutton Lewis and Yours In Soccer Foundation Wanda M. Holland Greene* William M. Lewis Jr. $50,000 + LightRiver Technologies, Inc. Charitable Foundation* Scott Bower Duane A. Malone* Ronald R. and Mary H. Pressman Bruce Breimer Sheila M. Marmon* PRESIDENT’S CIRCLE Susan Chapman-Hughes and A. Louis Parker* $200,000 + Christopher Hughes Edward Ramos* and John P. and Barbara Costas Gregory T. Durant Karen Stewart-Ramos The Xerox Foundation A. Richard Janiak Lawrence J. Richardson* Miriam Rivera* $100,000 + Mr. and Mrs. Derek C. Johnston* Gregory and Irma Robinson* Anonymous The Lewis Family Foundation* Arturo and Jean Sida* Torrence N. Boone* Louise M. Parent and Sheria Dranise Smith* John P. Casaly Robert and Dana Emery Donald M. and Frances P. Sykes Peter and Barbara Georgescu The Pitts Family Foundation Logan Q. and Robyn Taylor* Gregg A. and Charmaine R. David R. Smith* Reginald Van Lee Gonsalves Rhonda R. Trotter* George S. Wilson, II* National Association Kurt and Roxanne Van Wagenen Simone R. and Demetri Yatrakis*

ANNUAL FUND AND ANNUAL EVENT SUPPORTERS

$200,000 + $15,000 +  Carl R. Kuehner  Morgan Stanley Foundation  BNY Mellon The Lewis Family Foundation*   $100,000 + DaVita Healthcare Partners, Inc. Daniel McNulty  Peter and Barbara Georgescu   Capri Investment Group The Nielsen Company  LightRiver Technologies, Inc.  Sills Cummis & Gross P.C. $50,000 +  New York University Community Fund Margaret M. Gage Trust Joel E. and Joan Smilow $10,000 +  PGA Tour, Inc.  Ronald R. and Mary H. Pressman  ADP, Inc. Quint Family Residual Trust  Xerox Corporation  Brunswick Group LLC Ellis B. Rowe* $25,000 + Lisa and Dick Cashin  State Street Foundation Anonymous*  Centerbridge Partners  Tishman Speyer Properties, Inc.  American Express Company Cushman & Wakefield, Inc.  Ventas Charitable Foundation  Boies, Schiller & Flexner LLP  Gregory T. Durant  The Witkoff Group  Ceres Foundation, Inc EY $5,000 +  Deloitte  Roger W. and Annette Ferguson Cristina E. Antelo*  GE Asset Management  GenNx Foundation, Inc.  Ares Operations, LLC  GE Capital Real Estate  Innisfree M & A Incorporated  Ariel Investment, LLC  Merck & Co., Inc.  Joele Frank, Wilkinson,  Beacon Capital Partners, LLC  Skadden, Arps, Slate, Brimmer, Katcher Joan and James Berkowitz Meagher & Flom LLP  JP Morgan Asset Management  Citibank

16 | A Better Chance | 2015 Annual Report  A Better Chance Awards Luncheon | * A Better Chance Alumni 2015 SUPPORTERS

 Bertha I. Coombs* Anne L. Peretz  Goldin Associates Charles M. and Karen Couric Adrian Perry*  Edward and Alice Grayson  Frank and Jill Clyburn Lisa M. Price E. Michael Greaney  Crane Fund for Widows and Children  Mark A. Prince, Jr.*  Chirfi and Constance Guindo Dalio Foundation, Inc. Mary and John Raitt Kirk Hachigian  Richard and Michele Dantas  Joyce M. Roché  Vijantamala Haridat Mr. and Mrs. Sean C. Dent, Esq.*  Michael P. Rogan David B. Henry Fidelity Charitable Gift Fund Rogers Family Foundation Dr. and Mrs. Harold M. Henry GE Foundation Gil Saiz*  Bradford* and Andrea Hobbs  Goldman Sachs Group, Inc.  John Sexton  Heather Hoerle Gary and Patricia Holloway  Arturo* and Jean Sida Cynthia and Philip E. Housel D. Gregory Horrigan Steven Thorne IBM Employee Services Center  Brian & Joelle Kelly Family Foundation  Timothy West Diana C. Jones Michael W. Kidd*  The Williams Capital Group, L.P.  Nahin Jorgge Lewis-Bakker Charitable Lead Annuity Trust  The Wolf Foundation Jillian E. Joseph, Esq.* The V & L Marx Foundation  Pieter and Yvette Eenkema Van Dijk  Randall P. Joseph  Rashida K. La Lande, Esq. and Derrick Diggs McKesson Corporation $1,200 + Merck Partnership for Giving Christen E. and Nyssa Lee  Lloyd M. Abramowitz  Tanya C. Lewis Jessica and Charles Myers Laura Agostini George Llado  Noble Energy Inc. Antar A. Al-Qawwee*  Suzanne Liberty Russell Noles David Amuda*  Oak Hill Capital Management, Inc. Eric A. Logan*  Stephen Arcano Donna M. Lowery  Odyssey Investment Partners LLC Lisa W. Ashby*  Edward J. Majkowski, Jr.  Providence Equity Partners At the Well Conferences  MB Real Estate  Alan and Nancy Schwartz Khary P. Barnes*  Rita Mitjans The Seabreeze Foundation Kenneth G. Bartels and Jane F. Condon Sony Corporation of America The Mufson Family Foundation Albert J. Beer Silas Myers  Stone Point Capital Foundation Philip S. Bellott Okwudiri Onyedum  Paul J. Taubman Ms. Vivian O. Berger, Esq. Sunil M. Oommen Sandra E. Timmons Rodolphus* and Aliya B. Bethea  Roger S. Penske  Donald W. Torey Leslie Bethke  Amy and Joe Perella Charitable Fund  Kurt and Roxanne Van Wagenen Anthony Borrego Kim Pompey* $2,500 +  Tyrone Brewer Peter E. Powell  David and Amy Abrams Bristol-Myers Squibb Company  Lawrence J. Richardson*  Anonymous Bodie Brizendine Ricki L. Robles-Akiwenzie*   Aurora Management Partners LLC Deb Brown  Henry Rustuccia Jay T. Backstrom, M.D. Tiffani R. Brown, Esq.*  Alanna C. Rutherford Joy A. Bryant* Carolyn C. Cavaness* Marc Saiontz  CamberView Partners Kathleen B. and Charles E. Carey Juan and Linda A. Salcedo* Charlita C. Cardwell Maritsa Cholmondeley Fallon C. Scoggins* Kerry D. Chandler  Eric Cochran Deirdre Segerson  Community Counseling Services Co., LLC C.W. Copeland, Ph.D.* Ray Shams  Dan Klores Communications, Inc. The Dapa Foundation Anthony* and Vanessa Shropshire Lisa Davis Alan H. Davis Pamela E. Simons  FPL Advisory Group Keenan B. Davis* Ethel M. Smith  Andre A. Francois* Sydney E. Davis* Erna & Isaac Stern Foundation Google Inc.  Jill DeSimone James Sweeney Antoine G. Hatoun Darlene J. Draper Hérve Tessler Wanda M. Holland Greene* Julian Evans Lara F. Thompson* Theophlius M. Killion* Ernest Fair, Jr.*  Faridah Usman  Mark S. Levenson Curtis R. Farrar* Karen Williams  Ronald D. McCray Oliver P. Flint  Joyce C. Yan* Mr. Felton T. Newell, Esq.  Eric Friedman Wendy C. Yan*  Paramount Group, Inc. Joshua D. Galun Francene Young*  Pelago Ristorante Give with Liberty Employees Jacqueline Y. Pelzer Charlynn and Warren H. Goins

A Better Chance | 2015 Annual Report | 17  A Better Chance Awards Luncheon | * A Better Chance Alumni 2015 SUPPORTERS CORPORATE AND INSTITUTIONAL FUNDERS $200,000 + $5,000 + Morgan Stanley Foundation Enterprise Holdings Foundation Jockey Hollow Foundation $25,000 + Mario Family Foundation American Express Foundation The Curtis W. McGraw Foundation Deloitte Sony Corporation of America $15,000 + $1,500 + Fried, Frank, Harris, Shriver & Jacobson LLP ADP, Inc. Henry E. Niles Foundation Fred C. and Katherine B. Andersen Foundation LeClairRyan Foundation GE Capital Real Estate SYPCap

IN-KIND DONORS AIG Ronald R. Pressman Dentons US LLP Ropes & Gray LLP Drexel University Sandy Spring Friends School Education Records Bureau Sidwell Friends School Myles Goldfein SSATB Hoosie Martin Foundation TutaPoint, LLC

“Being a part of the A Better Chance family has helped me to be more outgoing and confident in myself, I have been given opportunities to work with my peers in different situations and because of that I feel more comfortable and motivated in my school environment.” — Keith Harris, Whitefield Academy, 2010

18 | A Better Chance | 2015 Annual Report 2015 LEADERSHIP NATIONAL BOARD OF DIRECTORS Officers CHAIR Ronald R. Pressman Executive Vice President & Chief Operating Officer TIAA

Members Peter Allan Atkins Carla A. Harris Rhonda Trotter* Partner Managing Director Partner Skadden, Arps, Slate, Meagher & Morgan Stanley Kaye Scholer, LLP Flom, LLP Jillian E. Joseph* Kurt Van Wagenen Ellanor Brizendine Senior Director, President & CEO Head of School Associate General Counsel FirstLight Fiber The Spence School TIAA * Susan Chapman-Hughes A. Louis Parker * A Better Chance Alumni Senior Vice President Consultant US Account Development & Global Corporate Payments Arturo Sida* American Express Associate General Counsel DaVita HealthCare Partners Inc. Frank Clyburn President of Global Oncology Dmitri Stockton Merck & Co., Inc. President & CEO GE Asset Management Richard Dantas Chief Executive Officer Hervé Tessler Carol’s Daughter President of Corporate Operations Xerox Corporation Gregory T. Durant Vice Chairman & Managing Partner Sandra E. Timmons of Clients & Industries President Deloitte & Touche, LLP A Better Chance

National Spokesperson Oprah Winfrey

A Better Chance | 2015 Annual Report | 19 2015 LEADERSHIP NATIONAL ADVISORY COUNCIL CHAIR Jillian E. Joseph, Esq.* Gregory Robinson* Simone R. McBean Yatrakis, Esq.* TIAA Moody’s Analytics RPCK Rastegar Panchal Berkshire School, 1997 Choate Rosemary Hall, 1997 Andover A Better Chance, 1990 Nicole Madison* Bruce Shelton* Antar A. Al-Qawwee* FTI Consulting Seminary, 1994 Athenian School, 1996 Ethel Walker, 1999 Daria Shelton Ami Bavishi* Sonja Neill-Turner* Burn McCellen Brooklyn Sandbox Anthony B. Shropshire* Stuart Country Day School of the Ethel Walker, 1985 Bank of America Merrill Lynch Sacred Heart, 2003 Winchester A Better Chance, 2000 Felton Newell* Remell Chung* Baute Crochetiere & Wang David R. Smith* UBS Forest City Enterprises Radnor A Better Chance, 2000 Adrian Perry* University School, 1980 Accenture Keenan Davis* Loomis Chaffee School, 1993 Wayne K. Williams SVS Kings County District Attorneys Office Lower Merion A Better Chance, 1994 Mark A. Prince Jr.* Professional Partnering Solutions, Inc. George S. Wilson, II* Keith Harvey* Webb School of California, 1986 National Basketball Association Etonien Middlesex School, 2004 Radnor A Better Chance, 1997 Suzette M. Ramirez* Pershing, LLC Demetrios G. Yatrakis Jose Hernandez* Cranbrook Kingswood School, 1989 WeizerMazars Citi Longmeadow High School, 2002 * A Better Chance Alumni NATIONAL STAFF Claudia Bayuelo Jessica Hartley Martina Previl Executive Assistant & Office Manager Assistant Program Manager for Program Manager for the Southeast Region Scholar Support Derek Carroll Denyse Procope-Gregoire Alumni & Donor Relations Manager Carly Heinz Database Evaluation Manager Development Associate Shannon Cohall Corey Punter Assistant Program Manager for Erica Hernandez Development Assistant Admissions & Placement Program Manager for the Northwest Region Anita Roberson Cristina Delgado Samantha Horsell Program Manager for the Midwest Region Program Associate for the Southwest Region Coordinator for Admissions Operations Melissa Steve Chévon Deputy Nicole Bouknight Johnson Finance and Database Manager Development Manager Director of Development Chantal N. Stevens Jessica Feliciano Richard Martin National Director, College Preparatory Program Manager for the Southwest Region Community Schools Program Manager Schools Program Johnathan Gibson Martina McPhail Sandra E. Timmons Senior Program Manager for the Assistant Program Manager for Admissions President Northeast Region and Placement Keith Wilkerson Shannen Gordon Sarah Mobarak Senior Program Manager for the Program Assistant for Administration Special Events and Marketing Manager Mid-Atlantic Region Manny Guisa Adele Moore Assistant Program Manager for Interim,Program Associate for the Scholar Support Southeast Region

20 | A Better Chance | 2015 Annual Report SUPPORT A BETTER CHANCE

Join us in creating more leaders of color by making a superior education possible for youth of color today. To donate, please visit us at www.abetterchance.org or call 646.346.1327. NONPROFIT ORG. U.S. POSTAGE PAID PERMIT #334 NEW HAVEN, CT 253 West 35th Street, 6th Floor New York, NY 10001 646.346.1310 www.abetterchance.org