Annual Report 2008

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 also launched a new National Advisory Council volunteer structure to deepen the involvement of our Alumni and supporters.

And we showcased the impact of A Better Chance in our publications, press and on our website through 45 Faces of A Better Chance, prominent Alumni who are living our mission. Their titles chart their journeys to leadership at the highest levels -- among them, CEO, Surgeon, Ron Pressman Sandra Timmons Psychologist, Professor, Entrepreneur, State Senator and even one Governor of the Commonwealth of Massachusetts. They his has been a proud and momentous year represent just a few of the Alumni who have in which A Better Chance celebrated its become influential leaders. 45th anniversary and placed a record 544 Tnew Scholars in a growing national network of Collectively, they make a powerful statement more than 300 Member Schools. Your support about improving access to the most rigorous helped launch these dynamic, talented young education for talented young people of color people on a path to leadership. leading to greater achievement and leadership opportunities in our global society. Though we may not be able to claim the 44th President of the United States as an Alumnus of All that said, we are facing a challenging, A Better Chance, we help write stories like his uncertain time and we recognize the impact of everyday. President Barack Obama’s journey to the current economic crisis on every sector in leadership was accelerated because he had access American society. None has been immune to the to rigorous educational opportunities at some of downturn, particularly the nonprofit sector, and the best educational institutions in the country. including A Better Chance. Even so, we remain A Better Chance has been opening doors to these optimistic and are moving forward with hope kinds of opportunities for more than 45 years. and anticipation. The need to prepare the next We know that great talent lies in every generation of leaders capable of meeting these community, and our mission is to find that complex challenges is critical, particularly now. A talent and give it the chance to flourish. President Better Chance is continuing to meet this need by Obama’s life story is echoed in the more than recruiting, placing and supporting a diverse cadre 12,000 stories of our Alumni, many of whom of future leaders. With your help, we have made come from similar family backgrounds, and tremendous progress. who, through A Better Chance, have been able to develop into successful leaders in all sectors of Thank you for your support. industry, science and the arts.

This year, we made significant progress towards our strategic objective to double the number of enrolled students within 10 years by recruiting Letter from the President and Board Chair and Board the President Letter from more talented students, expanding our network of Member Schools, increasing the organization’s visibility and boosting the involvement of those Ronald R. Pressman, Sandra E. Timmons, who have benefited from A Better Chance. We Chair President achieved record growth in both new Scholars and Member Schools.

Annual Report 2008 • Page 2 Program Update Annual Report 2008 • Page 3 2008 • Page Annual Report University of Tampa of University of University Virginia College Vassar University Wesleyan Scripps College College Skidmore College Smith School of Davis Sophie Education Biomedical University Stanford College Swarthmore College Trinity University Tufts States United Military Academy of University California Southern Program Affiliated Colleges We would like to thank our Affiliated Colleges We program partners. These colleges anduniversities Chance to A Better with partnered have demonstrate their commitment to diversity. College Hamilton Rutgers University Rutgers University Lawrence St. Aquinas Thomas St. College University Clara Santa Harvard University University Harvard College Hope College Kenyon College Lafayette College, Loyola Maryland Marymount Loyola University CUNY - Macauley College Honors University Princeton Rice University Finding Talent Often Overlooked Often Talent Finding College College Colby Colgate University College of the Cross Holy College of and Mary William College Davidson University Denison University Drexel University Duke College Emerson Emory University Amherst College College Bates Boston University University Bucknell Carleton College McKenna Claremont • There are 312 Member Schools of A Better Chance in 29 states. Better Chance Member Schools of A 312 are • There in all 50 states. reside Chance Alumni currently • A Better at the aid is leveraged • An estimated $20+ million of financial secondary annually. school level • To date, A Chance Better has than placed more 12,000 middle and To • finest college students in some of our nation’s junior high school preparatory and private. schools, both public immediately seniors graduating Chance Better A of 96% than More • in college. enroll receiving families from come Scholars Chance Better A of One-third • line. the federal poverty or below living at who are public assistance, or families. single-parent from come Scholars Chance Better A of 65% • their time and nationwide contribute 700 volunteers than • More energy to identifying academically talented children who can Chance experience. the A Better from benefit Independent Day Day Independent Schools - 56% Boarding Independent Schools - 34% Community School - 10% Programs Schools Program: Schools Program: Female - 60% Female - 40% Male Asian American - 6% - 5% Multiracial - 3% Other American - 1% Native African American/Black - 65% African American/Black American/ Hispanic Latino - 20% College Preparatory College Preparatory Total Enrollment - 1,896 Enrollment Total Current Scholars Current

Annual Report 2008•Page 4 Member Schools Dedham, MA* Noble andGreenough School, Lexington,MA The LexingtonChristianAcademy, • Greenwich Academy, Greenwich, CT Greenwich, CT • Convent oftheSacred Heart, Commonwealth School,Boston,MA Cambridge,MA Buckingham, Browne &Nichols, ○ Brunswick School,Greenwich, CT Boston University Academy, Boston,MA ○ Belmont Hill School,Belmont, MA* ChestnutHill, MA DayBeaver School, Country Day Schools: Northeast (ME,CT, NH,MA,RI,CT) Pomfret School,Pomfret, CT Phillips Exeter Academy, Exeter, NH Phillips Academy, Andover, MA Mt.Hermon, MA Northfield Mount Hermon School, • Miss Porter’s School, Farmington, CT • Miss Hall’s School,Pittsfield, MA Milton Academy, Milton, MA Middlesex School,Concord, MA The Meeting School,Rindge,NH The LoomisChaffeeSchool, Windsor, CT Lawrence Academy, Groton, MA Kimball Union Academy, Meriden, NH Kents Hill School,Kents Hill, ME Kent School, Kent, CT The Hotchkiss School,Lakeville, CT Holderness School,Plymouth, NH ○ Hillside School,Marlborough, MA Hebron Academy, Hebron, ME School, The Gunnery Washington, CT Groton School,Groton, MA The Governor’s Academy, Byfield, MA Gould Academy, Bethel, ME Fay School,Southborough, MA • The Ethel Walker School,Simsbury, CT ○ Eaglebrook MA School,Deerfield, Dublin School,Dublin, NH Academy,Deerfield MA Deerfield, • Dana Hall School, Wellesley, MA Cushing Academy, Ashburnham,MA Concord Academy, Concord, MA Hall,Choate Rosemary Wallingford, CT ○ Cardigan Mountain School,Canaan, NH School,NewCanterbury Milford, CT Weston, MA The CambridgeSchoolof Weston, Buxton School, Williamstown, MA Brooks School,North Andover, MA Berkshire School,Sheffield, MA ○ Avon Old Farms School,Avon, CT Boarding Schools: • The Winsor School,Boston,MA The Waring School,Beverly, MA Thayer Academy, Braintree, MA St. Luke’s School,New Canaan,CT West Roxbury, MA ○ The RoxburyLatinSchool, • =AllGirls School ○ =AllBoys School Proctor Academy, Andover, NH Portsmouth Abbey School,Portsmouth, RI Pomfret School,Pomfret, CT Phillips Exeter Academy, Exeter, NH Portsmouth Abbey School,Portsmouth, RI • Convent oftheSacred Heart, New York, NY ○ CollegiateSchool,New York, NY School,NewCity andCountry York, NY • The ChapinSchool,New York, NY The CalhounSchool,New York, NY Brooklyn Friends School,Brooklyn, NY • The Brearley School,New York, NY Day Schools New York Metro (NY, Northern NJ) ○ Winchester ABetter Chance, Winchester, MA ○ Wilton ABetter Chance, Wilton, CT ○ Westport ABetter Chance, Westport, CT • Wellesley ABetter Chance, Wellesley, MA ABetter○ Simsbury Chance,Simsbury, CT • RidgefieldABetter Chance,Ridgefield,CT New Canaan,CT ○ New CanaanABetter Chance, ○ Masconomet ABetter Chance, Topsfield, MA ○ Madison ABetter Chance,Madison, CT Longmeadow, MA ○ Longmeadow ABetter Chance, • Guilford ABetter Chance,Guilford, CT Greylock ABetter Chance, Williamstown, MA Glastonbury, CT ABetter Chance, ○ Glastonbury • Darien ABetter Chance, Darien, CT • Andover ABetter Chance,Andover, MA ○ AmherstABetter Chance,Amherst,MA Community SchoolPrograms: Worcester Academy, Worcester, MA* Easthampton,MA The Williston Northampton School, Wilbraham, MA Wilbraham &Monson Academy, The White Mountain School,Bethlehem, NH • Westover School,Middlebury, CT Westminster School,Simsbury, CT Tilton School, Tilton, NH The Taft School, Watertown, CT Tabor Academy, Marion, MA Suffield Academy, Suffield, CT • Stoneleigh-Burnham School,Greenfield, MA School,Salisbury,○ Salisbury CT Saint Paul’s School,Concord, NH Saint Mark’s School,Southborough, MA Saint George’s School,Newport, RI L.R.E.I., New York, NY The Kew-Forest School,Forest Hills, NY • Kent Place School,Summit, NJ Hudson School,Hoboken, NJ • The Hewitt School,New York, NY Friends Seminary, New York, NY Fieldston School,Riverdale, NY The DwightEnglewoodSchool,Englewood,NJ The Dalton School,New York, NY Day Schools: Southern NJ) Mid-Atlantic (DC,DE,MD,PA, VA, WV, Manlius, NY • Fayetteville-Manlius ABetter Chance, ○ ClintonABetter Chance,Clinton,NY Community SchoolPrograms: Millbrook School,Millbrook, NY The Masters School,Dobbs Ferry, NY Hackley School, Tarrytown, NY* • Emma Willard School, Troy, NY Boarding Schools: Trevor Day School,New York, NY The Town School,New York, NY Staten Island Academy, Staten Island, NY • The Spence School,New York, NY St. Luke’s School,New York, NY ○ St. David’s School,New York, NY ○ St. Bernard’s School,New York, NY Rye Day School,Rye, Country NY Rudolf Steiner School,New York, NY Riverdale School,Bronx, Country NY Poly Prep Day School,Brooklyn, Country NY The Packer CollegiateInstitute, Brooklyn, NY New • The Nightingale-Bamford School, Newark Academy, Livingston,NJ Montclair KimberlyAcademy, Montclair, NJ The Shipley Mawr, School,Bryn PA Shady Side Academy, Pittsburg, PA Washington, DC St. Patrick’s Episcopal Day School, Philadelphia, PA ○ St. Joseph’s Preparatory School, St. Catherine’s School,Richmond, VA St. Andrew’s Episcopal School,Potomac, MD ○ St. AlbansSchool, Washington, DC Princeton Day School,Princeton, NJ The Potomac School,McLean, VA School,Martinsville, NJ The Pingry • National CathedralSchool, Washington, DC • National CathedralSchool, Washington, DC Moorestown, NJ Moorestown Friends School, The Maret School, Washington, DC The LandonSchool,Bethesda, MD Day School,Lancaster,Lancaster Country PA The Holton-Arms School,Bethesda, MD ○ The Haverford School,Haverford, PA Germantown Friends School,Philadelphia, PA North Bethesda, MD ○ Georgetown Preparatory School, Friends Select School,Philadelphia, PA Friends’ CentralSchool, Wynnewood, PA The Field School, Washington, DC Episcopal Academy, Merion, PA Edmund Burke, Washington, DC Mawr, Bryn PA Day SchooloftheSacredCountry Heart, ○ ChestnutHill Academy, Philadelphia, PA The Bullis School,Potomac, MD • The Baldwin Mawr, School,Bryn PA • The AgnesIrwinSchool,Rosemont, PA Abington Friends, Jenkintown, PA York, NY Member Schools

Sidwell Friends School, Washington, DC St. Martin’s Episcopal School, Atlanta, GA St. Margaret’s Episcopal School, • Springside School, Philadelphia, PA St. Pius X Catholic High School, Atlanta, GA San Juan Capistrano, CA • Stuart Country Day School, Princeton, NJ The Waldorf School, Decatur, GA ○ St. Mark’s School of Texas, Dallas, TX The Tatnall School, Wilmington, DE The Walker School, Marietta, GA Viewpoint School, Calabasas, CA Tower Hill School, Wilmington, DE Wesleyan School, Norcross, GA Vistamar School, El Segundo, CA Washington International School, The Westminster Schools, Atlanta, GA The Waverly School, Pasadena, CA Washington, DC Boarding Schools: • Westridge School for Girls, Pasadena, CA William Penn Charter School, Asheville School, Asheville, NC Windward School, Los Angeles, CA Philadelphia, PA Darlington School, Rome, GA Boarding Schools: Wilmington Friends School, Wilmington, DE Indian Springs School, Indian Springs, AL Cate School, Carpinteria, CA Boarding Schools: ○ The McCallie School, Chattanooga, TN Dunn School, Los Olivos, CA ○ CFS-The School at Church Farm, Paoli, PA Saint Andrew’s School, Boca Raton, FL • The Hockaday School, Dallas, TX • Chatham Hall, Chatham, VA • St. Mary’s School, Raleigh, NC Midland School, Los Olivos, CA ○ Christchurch School, Christchurch, VA The Webb School, Bell Buckle, TN The Orme School, Mayer, AZ St. Stephen’s Episcopal High School, Alexandria, VA Midwest (IA, IL, IN, KS, KY, NE, MI, MN, Episcopal School, Austin, TX • Foxcroft School, Middleburg, VA MO, OH, OK, WI) The Thacher School, Ojai, CA • Garrison Forest School, Owings Mills, MD Day Schools: Verde Valley School, Sedona, AZ Girard College, Philadelphia, PA The Columbus Academy, Gahanna, OH Wasatch Academy, Mt. Pleasant, UT The Hill School, Pottstown, PA • Columbus School for Girls, Columbus, OH The Webb Schools, Claremont, CA The Hun School of Princeton, Princeton, NJ Hathaway Brown School, Shaker Heights, OH Northwest (Northern CA, CO, ID, MT, ND, The Kiski School, Saltsburg, PA Hawken School, Gates Mills, OH NE, SD, WA) The Lawrenceville School, Lawrenceville, NJ The Latin School of Chicago, Chicago, IL Day Schools: • The Madeira School, McLean, VA Laurel School, Shaker Heights, OH The Athenian School, Danville, CA The Mercersburg Academy, Mercersburg, PA The Miami Valley School, Dayton, OH The Bay School, San Francisco, CA • Oldfields School, Glencoe, MD The North Shore Country Day School, The Bentley School, LaFayette, CA The Peddie School, Hightstown, NJ Winnetka, IL The Bentley School, Oakland, CA The Pennington School, Pennington, NJ The Roeper School, Bloomfield Hills, MI Berkeley Montessori School, Berkeley, CA Perkiomen School, Pennsburg, PA Boarding Schools: Black Pine Circle, Berkeley, CA St. Andrew’s School, Middletown, DE Culver Academies, Culver, IN The Branson School, Ross, CA • St. Margaret’s School, Tappahannock, VA Gilmour Academy, Gates Mills, OH • Castilleja School, Palo Alto, CA • St. Timothy’s School, Stevenson, MD Interlochen Arts Academy, Interlochen, MI The College Preparatory School, Oakland, CA The Sandy Springs Friends School, Lake Forest Academy, Lake Forest, IL Crystal Springs Uplands School, Sandy Spring, MD Western Reserve Academy, Hudson, OH Hillsborough, CA Virginia Episcopal School, Lynchburg, VA Community School Programs: Drew School, San Francisco, CA Westtown School, Westtown, PA ○ Appleton A Better Chance, Appleton, WI Eastside College Preparatory School, ○ Woodberry Forest School, • Eden Prairie A Better Chance, East Palo Alto, CA Woodberry Forest, VA Eden Prarie, MN The Head Royce School, Oakland, CA Community School Programs: Edina A Better Chance, Edina, MN International High School, San Francisco, CA ○ Lower Merion A Better Chance, ○ Rochester A Better Chance, Rochester, MN • Julia Morgan School for Girls, Oakland, CA Ardmore, PA Southwest (Southern CA, AZ, NV, NM, TX, Lick-Wilmerding High School, Radnor A Better Chance, Wayne, PA UT, WY) San Francisco, CA Strath Haven A Better Chance, Day Schools: Live Oak School, San Francisco, CA Swarthmore, PA • The Archer School for Girls, Los Angeles, CA Marin Academy, San Rafael, CA Southeast (AL, AR, FL, GA, LA, NC, SC, Brentwood School, Los Angeles, CA Marin Country Day, Corte Madera, CA TN) The Buckley School, Sherman Oaks, CA The Marin School, Sausalito, CA Day Schools: Campbell Hall, North Hollywood, CA Menlo School, Atherton, CA • The Atlanta Girls’ School, Atlanta, GA Chadwick School, Palos Verdes Peninsula, CA The Nueva School, Hillsborough, CA Atlanta International School, Atlanta, GA Crossroads School for Arts and Sciences, Orinda Academy, Orinda, CA The Ben Franklin Academy, Atlanta, GA Santa Monica, CA Prospect Sierra School, El Cerrito, CA Charlotte Country Day School, Charlotte, Episcopal School of Dallas, Dallas, TX Saint Mark’s School, San Rafael, CA NC Flintridge Preparatory School, The San Francisco School, San Francisco, CA Durham Academy, Durham, NC La Canada-Flintridge, CA San Francisco University High School, The Galloway School, Atlanta, GA Greenhill School, Addison, TX San Francisco, CA Holy Innocents’ Espiscopal School, Atlanta, Harvard Westlake School, ○ Stuart Hall High School, San Francisco, CA GA North Hollywood, CA The Urban School of San Francisco, The Lovett School, Atlanta, GA Kinkaid School, Houston, TX San Francisco, CA Marist School, Atlanta, GA The Marlborough School, Los Angeles, CA Windrush, El Cerrito, CA Mt. Bethel Christian Academy, Marietta, GA Oakwood School, North Hollywood, CA Boarding Schools: Our Lady of Mercy High School, Fairburn, Pacific Hills School, West Hollywood, CA The Colorado Rocky Mountain School, GA Polytechnic School, Pasadena, CA Carbondale, CO Pace Academy, Atlanta, GA Rolling Hills Preparatory School, Fountain Valley School of Colorado, The Paideia School, Atlanta, GA San Pedro, CA Colorado Springs, CO Providence Day School, Charlotte, NC Sage Hill School, Newport Coast, CA • San Domenico School, San Anselmo, CA Ravenscroft School, Raleigh, NC St. John’s School, Houston, TX • Santa Catalina School, Monterey, CA Stevenson School, Pebble Beach, CA

Annual Report 2008 • Page 5 Annual Report 2008•Page 6 Statement Of Activities - August 31, 2008 Public Support andRevenue Unrestricted netassets-beginning ofyear Net -End Assets of Year Change inNet Assets Expenses Total Public Support andRevenue Total Expenses Development Program services Net assetsreleased from restrictions Other income (primarilyrent) inperpetualtrust Change invalue ofbeneficialinterest Income from trust Investment activity School membershipdues Contributions andgrants Net revenues from specialevents Management andgeneral Contributions inkind Special events revenue Less: costsofdirect benefitstodonors Breakdown ofExpenses $212,862 Finance andAdministrative -7% $1,977,988 Program -68% Services $735,436 Fundraising -25% 779,196(779,196)- -(139,681) -79,443 (948,233)390,728-(557,505) 141,780- 619,340370,207-989,547 (66,648)- (6,904)379,99312,470,17312,843,262 1,284,369318,81112,609,85414,213,034 (1,291,273)61,182(139,681)(1,369,772) 2,926,286- 735,436- 212,862- 1,977,988- Unrestricted 1,635,01361,182(139,681)1,556,514 80,614- 948,619- 13,697- $1,015,267 -1,015,267 Source ofContributions Temporarily Restricted

Permanently Restricted $340,056 Institutional -17% $649,491 Individuals -34% $948,619 Events -49% Total 2008

Donors - Fiscal Year 2008

FY2008 The Leon and Toby Cooperman Patricia L. Miller Zollar and Al Zollar (September 1, 2007 - August 31, 2008) Family Foundation Sherrie and Lawrence M. Nagin The Links, Incorporated--New Jersey Chapter NBC McKinsey & Company, Inc. Novartis Pharmaceuticals Corp. $100,000 Morgan Stanley A. Louis Parker* Morgan Stanley Foundation Normandy Real Estate Partners Mark Patterson Oak Hill Capital Management, Inc. John H. Pelusi, Jr. $50,000 - $99,999 PiperJaffray & Co. Pitcairn Properties Inc. Anonymous PricewaterhouseCoopers LLP Ronald R. and Mary H. Pressman Trinh C. Du* Saks, Inc. Lawrence J. Richardson* William M. Lewis, Jr.* and Carol Shamrock Holdings of California, Inc. RLJ Development, LLC Sutton Lewis Sills Cummis Epstein & Gross P.C. Alfred O. Rose, Esq. Skadden, Arps, Slate, Meagher & Jesse J. Spikes, Esq.* The Schwab Fund for Charitable Giving Flom LLP Thomas H. Lee Partners, LP Alan D. Schwartz Warburg Pincus LLC The Shames Family Foundation $25,000 - $49,999 Sony Corporation of America American Express Foundation $5,000 - $9,999 Spelman College AT&T, Inc. AlixPartners, LLC State Street Laurie and Peter Allan Atkins Angelo, Gordon & Co., L.P. Sullivan & Cromwell LLP S.D. Bechtel, Jr. Foundation Anonymous The V & L Marx Foundation Catherine Robert Bridgeman Aurora Management Partners LLC Joe B. Thornton Tracy L. Chapman* The Ben E. Factors Foundation Glen and Lynn Tobias John P. Costas Joan and James Berkowitz UST, Inc. Deloitte & Touche LLP BNY Mellon Wealth Management Vanguard Charitable Endowment Program General Electric Company Bridgemill Foundation Vornado Reality Trust Barbara and Peter Georgescu ColeHaan Waste Management, Inc. Kekst and Company Incorporated The College Board Wilmer Cutler Pickering Hale and Deval L. Patrick* Cooper Industries Foundation Dorr LLP Tracey G. and Phillip J. Riese Crane Fund for Widows and Children Wilson Sonsini Goodrich & Rosati Joel and Joan E. Smilow Dennis D. Dammerman Foundation Tishman Speyer Properties, Inc. Dan Klores Communications, Inc. Xerox Corporation Darden Restaurants, Inc. $15,000 - $24,999 Debevoise & Plimpton LLP $2,500 - $4,999 Lily Auchincloss Foundation, Inc. DRS Technologies Charitable Foundation Anonymous Mr. and Mrs. Gregg A. Gonsalves Eola Capital LLC Omar A. Brown* Carla A. Harris Ernst & Young LLP Cadwalader, Wickersham & Taft LLP Holliday Fenoglio Fowler, L.P. LHFFD Joseph H. Flom, Esq. John F. Carter KPMG Foundation John G. Foresi Judith F. Chambers* Louise M. Parent John P. Fowler Citi Foundation Roxanne and Kurt Van Wagenen Freeman Spogli & Co. Citi Global Marketing Verizon Foundation Georgeson Shareholder Communications The Coca-Cola Company Mark Gibson Mr. and Mrs. Kenneth Crawford $10,000 - $14,999 GoldenTree Insite Partners ETIX American Express Company Goldman Sachs Group, Inc. J. Warren Gorrell and Catherine R. Gorrell The Blackstone Group L.P. Hilton Hotels Corporation Jonnie and Roger Greene Boies, Schiller & Flexner LLP J.C. Flowers & Co. LLC Harris myCFO Foundation Brunswick Group LLC Joele Frank, Wilkinson Brimmer Katcher Hogan & Hartson L.L.P. Daniel Burch Karen and Jay B. Kasner Jupiter Realty Corporation Centerview Partners LLC Kroll Zolfo Cooper LLC Harris myCFO Foundation Chilton Investment Co., LLC KW Multi-Family Management Group Ltd. Hogan & Hartson L.L.P. Cleary Gottlieb Steen & Hamilton LLP The Charles Henry Leach II Foundation Jupiter Realty Corporation Eric L. Cochran Lehman Brothers Michael W. Kidd * Cravath, Swaine & Moore Lightriver Technologies, Inc. Lord & Taylor Digitas Inc. Lightyear Capital The Curtis W. McGraw Foundation Disney Worldwide Outreach Ludwig Family Foundation Mr. and Mrs. Scott F. McMullin Dodge & Cox MacKenzie Partners, Inc. Henry S. Miller Eastdil Secured LLC Mars Incorporated Monterey Fund Inc. Patricia and Gary Holloway Timothy C. McChristian* and Deborah Steer Ogilvy & Mather Innisfree M & A Incorporated McNeil Consumer Products Company Anne L. Peretz A. Richard Janiak Mediaedge:cia Mr. and Ms. Theodore P. Janulis * A Better Chance Alumni

Annual Report 2008 • Page 7 John and Mary Raitt Andre A. Francois* Louis Perlmutter Gregory T. Robinson * William P. Frank Mr. and Mrs. Mohan V. Phansalkar Steven S.* and Michele Y. Rogers Artholian Freeman Cappy and Peter E. Powell Celia Santana Feinberg* H. Scott Galloway Mr. and Mrs. Richard H. Powers David R. Smith* Joshua D. Galun Proquest Management LLC Sandra E. Timmons GarMark Advisors Raymond W. Ransom Tri-Valley Community Foundation Robert Gober Mr. and Mrs. Vin Restivo United EWay Arthur F. Golden Patricia and John D. Riddle United Way of New York City Allie and Edward D. Grayson Wilfredo Rivera, M.D.* Wells Fargo Foundation James Hanks, Jr. Clifton S. Robbins Keith Harvey* James Robinson, III $1,000-$2,499 Antoine G. Hatoun and Andrea G. Joyce M. Roché Roger S. Aaron Levitt Rockwood Capital LLC Anonymous Reed Herrero Michael P. Rogan and Susan Schaffer Arlington Capital Investors Limited Judith and D. Gregory Horrigan The David A. and Libby Savner Mr. and Mrs. William S. Asbill Kristin K. C. Howard* Family Fund Robert Ashmun C. Stanley Hunterton Martin Schneider D. Jansing Baker Hyde Park Communications, Inc. Lisbeth and Daniel L. Schorr Thomas M. Ball IBM Corporation Elizabeth and Robert C. Sheehan Laurence M. Band ING Clarion Partners Joan M. and Keith M. Shepherd Curtis H. Barnette International Speciality Products Steven J. Sherwood Kenneth G. Bartels and Jane F. Condon Morenike Irvin* Brett D. Shurman and Wei-I Wang Richard T. Bernardo Melissa James Judy and Malik Sievers* Leilani Bishop-Luber Jessica and Charles Myers Charitable Gift Fund Six Sigma Ranch, LLC Bison Capital Asset Management, LLC Marcia and Sherwin Johnson Mr. and Mrs. Robert F. Skillings Sheila and Michael R. Bonsignore Michael P. Jordan Starbucks Coffee Company The Bovin Family Foundation Kelly and Randall W. Kahn* Straus Asset Management Sarane T. Bowen Thomas H. Kennedy, Esq. The Clair Family Foundation Russell Brandford* Ann P. Kern The Kochis Wong Charitable Fund Bruce J. Breimer Theophlius M. Killion* The Muller Company William M. Bristol, III and Mr. and Mrs. Kenton King The Pauls Corporation Mary Jayne Comey Wambui Kinya The Shilling Family Foundation, Inc. Mr. and Mrs. John S. Brownlee Morley Klausner Edna L. Triplett*

Donors - Fiscal Year 2008 Year - Fiscal Donors The Bruce Kasanoff and Kathryn Michael E. Koester Rhonda R. Trotter* Jonas Kasanoff Fund Neil M. Leff Raymond S. Troubh Eileen Brumback Andrew S. Levy Darryl D. Turner* Joy A. Bryant* Tanya C. Lewis George L. Van Amson Ursula M. Burns Mr. and Mrs. Glen S. Lewy Alan B. Vickery John W. Butler, Jr. and John M. Lynd Residential Properties Xu Wang Vanderlinden Mr. John W. MacIntosh Victoria Weld Anne C. Cardea Anne and Vincent Mai Mr. and Mrs. Stephen Williams Kathleen and Charles E. Carey Mark T. Gallogly and Elizabeth B. Strickler Frederick E. Wittmann Robert J. Cepielik Trust Mr. and Mrs. Earle Yaffa Kerry D. Chandler Robert Marston Young & Rubicam Inc. Corning Chisholm Chris and Linda Mayer Sara C. Clarke* MB Real Estate We would like to thank the following The Community Foundation of Karen R. McAlmon, M.D.* sponsors for providing in-kind support Western Massachusetts Jeninne C. McGee* to A Better Chance during the year: Carnell Cooper, M.D.* Peter J. McKenna Mark Bryant The Cooper Family Foundation, Inc. Ivy Thomas McKinney IBM Corporation The Dapa Foundation MGP Real Eastate LLP Morrison & Forrester, LLP Jill E. Darrow Michael W. Mitchell Rainbow Productions Mr. and Mrs. John V. De Shano The Mufson Family Foundation Young & Rubicam Manuel A. De Zarraga Mr. and Mrs. Stephen R. Munger Michael Delikat National Basketball Association Kristen Dodge Daniel A. Neff We encourage you to contact your Susan and David Dowden Joseph A. Nellis workplace to see if there are Evans-Wood Family Foundation Park Avenue Charitable Fund/Betty opportunities for matching gifts. Oliver Flint and Stuart Cotton Please contact Monica Guzman, In- Mr. and Mrs. Blaine V. Fogg Shirley and James A. Parke dividual and Alumni Relations Man- Veronica Ford Connie and William Pecover ager, at 646-346-1334 or mguzman@ Stanley E. Foster* Jacqueline Y. Pelzer abetterchance.org

Annual Report 2008 • Page 8 DreamBuilders Annual Report 2008 • Page 9 2008 • Page Annual Report Bridgemill Foundation/Sandra Foundation/Sandra Bridgemill Wilson H. and John Kochis Timothy S. Wong and Penelope Mary and Ronald R. Pressman Mary and Ronald J. Richardson* Lawrence G. Riese Tracey Robinson* T. Gregory M. Shepherd Keith R. Smith* David Timmons E. Sandra Triplett* L. Edna Turner* Darryl D. Van and Roxanne Kurt Wagenen Vickery Alan B. Weld Victoria of A Better Chance. People People Chance. of A Better member donations. We are are We member donations. DreamBuilder DreamBuilder DreamBuilder members who met the challange in FY08 along members who met the challange DreamBuilder Jacqueline Y. Pelzer Y. Jacqueline Marcia and Sherwin and Marcia Johnson Jordan P. Michael Kahn* Green Kelly and Kathryn Kasanoff The Bruce Fund Kasanoff Jonas Kern Ann P. Kinya Wambui J. McKenna Peter McKinney T. Ivy and Al Zollar Zollar Miller Patricia A. Nellis Joseph with some long-time, renewing major donors for their generous support: for their generous major donors with some long-time, renewing We thank the following new thank the following We Jonnie and Roger Greene and Roger Jonnie Harvey*Keith Herrero Reed Kristin K. Howard* Irvin* Morenike Judith F. Chambers* F. Judith Kerry D. Chandler Clarke* C. Sara Carnell Cooper* Dowden and David Susan Ford Veronica Bruce J. Breimer Bruce Catherine R. Bridgeman Brumback Eileen A. Bryant* Joy Burch Daniel Kathleen Carey Joan and James Berkowitz and James Joan Bernardo T. Richard Leilani Bishop-Luber * A Better Chance Alumni dollar for dollar up to $100,000 for all newdollar for dollar up to $100,000 to announce that the challenge was met in August. proud related donation of at least $1,200 per year is a is of at least $1,200 per year donation related unparalleled legacy, tremendous the organization’s become members recognize who have of color. to youth impact and enduring commitment made a challenge gift to match Chance Alumni of A Better 2008 two generous May In recruits, places and supports about 500 Scholars at more than 300 Member Schools in 29 Schools than 300 Member places and supportsrecruits, at more about 500 Scholars states. annual support be possible without the generous would not of individual donors This work non-event individual who makes an annual mission. Any who support Chance’s A Better trajectory for academically talented youth of color via access to rigorous and prestigious trajectory and prestigious rigorous via access to of color youth academically talented for opportunitieseducational mission is to increase Our grades 6-12. for students in of capable of color who are people young number of well-educated substantially the carry our out We in American society. and leadership of responsibility assuming positions which annually Schools Program, College Preparatory signature our mission through A Better Chance is the oldest and only national organization of its kind changing the life the life of its kind changing organization and only national is the oldest Chance A Better BOARD OF John P. Costas NATIONAL STAFF Richard Martin* DIRECTORS Managing Member Program Assistant Costas Holdings, LLC Yasmine Abdul-Mani Sandra E. Timmons Program Manager Katherine Martineau President Gregory T. Durant New York Metro Region Alumni Coordinator A Better Chance Vice Chairman Regional Managing Partner - Claudia Bayuelo Zulema Morgan Ronald R. Pressman Northeast Executive Assistant to the Program Administrator Chair Deloitte Touche, LLP President/Office Manager President & CEO Prasant Nukalapati GE Real Estate Gregg A. Gonsalves Ira Berkowitz Program Manager Managing Director Vice President for Northwest Region A. Richard Janiak Goldman Sachs Finance Vice-Chair/Treasurer Leland Pitts Managing Director Carla A. Harris Asha Best Institutional Giving Citigroup Managing Director Program Manager Coordinator Morgan Stanley Southwest Region Timothy C. McChristian* David Pribish Vice-Chair A. Louis Parker* Susan Foulds Accounting Manager Vice President Independent Consultant Resource Development Global Business Partner Consultant Ivonne A. Simms Organization Tracey G. Riese Program Manager IBM President Monica Guzman Southeast Region TG Riese & Associates, Ltd. Individual Giving and Louise M. Parent Alumni Relations Manager Chantal Stevens Vice-Chair Steven S. Rogers* National Director, Executive Vice President Clinical Professor of Michelle Jimenez* College Preparatory General Counsel Management and Finance Finance and Administrative School Program

Board and National Staff American Express Co. Kellogg Graduate School of Coordinator Management Tezeta Stewartz Peter Allan Atkins Northwestern University Nichelle Johnson Program Associate - Partner Donor Database Northwest Region Skadden, Arps, Slate, Stephen I. Sadove Coordinator Meagher & Flom LLP Chairman & CEO Sandra Timmons Saks, Inc. Susan Kahn President Bruce Breimer Database Analyst Principal Emeritus Kurt Van Wagenen Isabella Trauttmansdorff Collegiate School President and CEO LaToya Laury* Program Manager Fiber Tower Corporation Program Associate for the Northeast Region Laura D. Corb NY Metro and Northeast Patricia Miller Zollar Claudette Wellington Director Regions Managing Director Program Assistant McKinsey & Company Neuberger Investment Adam Lenter Management Community Schools Keith Wilkerson * A Better Chance Alumni Program Manager Senior Program Manager Mid-Atlantic Region

National Office ~ 240 West 35th Street, 9th Floor ~ New York, NY 10001 P: 646-346-1310 F: 646-346-1311

Annual Report 2008 • Page 10