Transforming Lives Through Fencing for Over Two Decades

Transforming Lives Through Fencing For Over Two Decades

2012 ANNUAL REPORT PETER WESTBROOK FOUNDATION

Table of Contents

Executive Letter Page 3 The Peter Westbrook Foundation, Program Goals Page 3 Inc. is a not for profit organization that utilizes the sport of fencing as a vehicle to PWF Programs Page 4 develop life skills in young people from underserved communities. Success Stories Page 6

Community Corner Page 7

Endowment Fund Page 9

Summary Statement & Activities Page 11

Family of Sponsors & Board Members Page 12

On the cover: Olympic Silver Medalist, Erinn Smart teaches the next generation of Olympians.

Right: President Barack Obama and Vice President Joe Biden congratulate Nzingha Prescod and Team USA on their performance at the 2012 Olympics Games.

2 Executive Letter Now that the 20th Anniversary celebrations “And when you are and London Olympics have past, parents, colleagues and others often ask me what I striving to be the envision for the next 20 years of the Peter Westbrook Foundation's existence. best youth

On the one hand this question is easy to enrichment answer; at a high level what the PWF wants program in the to do for the next 20 years and beyond is to stay true to our mission of improving the lives country, having a of children through our combined athletic, mentoring and educational programs. In detailed plan for order to do so, our organization will continue to draw from our core strengths namely: an sustainability and inspired and selfless leadership team, a devoted volunteer staff, an active and growth is vital.” engaged board of directors, and of course, our

PETER WESTBROOK FOUNDATION dedicated parents and students.

These are the ingredients of our success. As Peter Westbrook executive director my objective is to ensure that the framework under which the PWF operates continues to support the fruitful collaboration that helps to create the best possible outcomes for our students. Our prep all in a dedicated offsite facility. Last within the organization. Each person is success to date encourages me that at our year we began a pilot program to partner with encouraged to innovate and experiment with overall approach works, so as they say: "if it prominent 3rd party educational organizations his or her fresh ideas on how to improve upon aint broke, don't fix it!" such as grockit.com. At the same time we our winning model. began to track the academic progress of every However, "they" also say that, "The devil is in student in the PWF not just those that The results we've achieved and the value that the details". And when you are striving to be participate in the AEP. This year, with the we continue to provide to the community are the best youth enrichment program in the support of Bank Of America, we will provide made possible largely by our ability to country, having a detailed plan for an innovative financial literacy workshop to continuously improve and innovate. Today as sustainability and growth is vital. all students ages 12 and above. I sit here, I've never been more confident in our future and our continued success as an Fortunately, embracing growth and We have embraced social media outlets such organization. innovation has always been at the core of our as Facebook and LinkedIn in order to keep strategic vision. In fact, the PWF of today our broader alumni community actively barely resembles the organization as it existed engaged in our continued growth. 5 years ago – let alone 20 years ago. For Peter Westbrook, example, over the last 3 years, with the Twelve years ago we had no endowment, generous support of the Altman Foundation, today after many years of strategic planning Founder & CEO we've completely revamped our educational and organizing, we are half way to our goal of offerings. What started out as a limited and building $10 million endowment fund. yet unwieldy homework and tutoring service has evolved into a comprehensive Academic Most importantly, we are vigorously Enrichment Program that now offers various preparing and promoting our younger staff educational workshops and standardized test and volunteers to take leadership positions

Program Goals

The primary objectives of the year-round program are to help young • Develop their sense of civic duty and community service people to: • Foster a sense of community inspired by a common love of fencing • Equip themselves with the life skills that enable them to take control of their futures Fencing is an ideal educational tool because it promotes development • Strive for academic excellence of integrity, honorable personal conduct, patience and respect for • Develop leadership skills others. Above all, fencing promotes intellectual growth and maturity • Build self confidence because it challenges the individual to think both tactically and • Gain exposure to people from diverse cultural and socioeconomic strategically to solve problems and overcome obstacles. backgrounds • Learn about healthy living

3 The effectiveness and success of our academic program has increased dramatically with the opening of our tutoring center. PETER WESTBROOK FOUNDATION

PWF Programs

Participants After School Leadership Program

Girls and boys between the ages of eight and eighteen are eligible for An elite squad of approximately 40 athletes, who show exceptional the program. Currently, most participants are residents of underserved talent and motivation, are selected for our After School Leadership communities and from single-parent households within the five Program. Athletes train year-round in this program and adopt a boroughs of New York City, Long Island, Westchester County and professional training regimen of 4-6 days per week, which is designed New Jersey. Approximately 85% of the participants are African- to prepare them for domestic and international competitions. All participants in the program are awarded scholarships to defray the American and Latino youth, with the remaining 15% being of Asian costs of fencing club memberships, coaching, competitions fees and and Caucasian descent. equipment.

The athletes are required to attend monthly meetings conducted by the Saturday Fencing Program training staff and a summer training camp, maintain at least a 3.0 grade point average, as well as volunteer their time to mentor younger The Saturday Fencing Program is the gateway to all PWF services fencers in the Saturday Fencing Program. including basic and advanced fencing instruction as well as all academic programs. Regular attendance at the Saturday sessions is Athletes are trained by the Foundation’s international roster of required of all participants in the program. Over three-fourths of the coaches, comprised of Olympians and instructors with extensive more than 200 students who enroll attend over 55% of sessions. competitive and athlete development experience. Each coach acts as a mentor by monitoring each student’s academic performance to ensure The Saturday Fencing provides an excellent grounding in fencing that athletes are balancing their responsibilities to study as hard in fundamentals while also offering mentoring and soft skills school as they train in the fencing gym. Coaches also chaperone development. Students are arranged in age and skills-appropriate athletes during trips to domestic and international competitions, often groups where, in addition to building an understanding of proper acting as a motivator, cheerleader, friend and counselor to their fencing poses, footwork and sword play, they are expected to provide students. peer-to-peer feedback and support.

The Saturday program is held weekly from 9:00 am to noon. The Academic Enrichment Program PWF provides all necessary equipment and prior skills are not expected. Teams of past and future PWF Olympians, national The PWF Academic Enrichment Program (AEP) is the cornerstone of champions and national team members teach all of the sessions. Each our educational initiatives. The Program addresses the educational session begins with a group warm up that includes aerobic and needs of participants by providing a wealth of academic enrichment fencing-specific exercises. Guest speakers are a regular feature of the and skills development services. post warm-up portion of the program. Shortly after enrollment, an AEP educator determines the support All students enrolled in the PWF must participate in academic needs of each new participant by administering an academic tracking by submitting a copy of their year-end and first semester evaluation and reviewing his/her report cards from the prior school report cards. This allows us to better understand the needs of our term. The assessment are based on current state evaluations and youth. As a result of this requirement, we can refer students for curriculum, and are organized by grade level. support through our Academic Enrichment Program. A plan for academic improvement is created during a meeting Students demonstrating talent, discipline and passion may be invited consisting of the student, his/her guardian and the AEP team. This to join the PWF’s After School Leadership Program. 4 plan may include recommendations for tutoring, hard and soft skills development workshops and test taking classes. Academic Scholarships

In order to determine progress in the program, parents must submit all As a result of the overall programs, students have excelled both report cards, class exams and teacher reports immediately after they athletically and academically. Our students have earned academic and are issued. In addition, AEP educators submit weekly-session and athletic scholarships and have received substantial financial aid monthly-recap progress reports. enabling them to attend some of the most selective high schools and colleges in the country. A few of the institutions at which the The AEP team takes great pride in the breadth and quality of our test Foundation has helped secure scholarships for athletes include: preparation courses. In the 2010/2011 school year, students in the Specialized High School Admissions Test (SHSAT) improved their Private Schools scores on average by 56%. Students enrolled in our PSAT and SAT classes also experienced strong improvements in their test scores. The Dwight School Fieldston Academy The AEP is a bi-weekly program, housed in a professional space Horace Mann School located less than one block from our fencing training facility. A team The Lawrenceville School of college and graduate students and licensed teachers staffs the Riverdale Country Day School program. The PWF recruits tutors and educators with a strong record St. Benedict’s Academy of academic achievement coupled with practical teaching experience St. Hilda’s & St. Hugh’s School who demonstrate a commitment to community service. York Academy PETER WESTBROOK FOUNDATION To date, over six hundred students have participated in the AEP. Annually, we can accommodate up to 25% of the fencing program’s total population. This is a dramatic increase from the early days of Colleges and Universities the Academic Enrichment Program when capacity ranged from 2% – Barnard College 10% of fencing enrollment. Even with the increased capacity, each City University of New York year we maintain a rolling waiting list that averages 15 – 20 students. Columbia University Duke University The Purpose & Benefits Fashion Institute of Technology Johns Hopkins University The purpose of the program is to strengthen students’ skills in subject Lawrence University areas needing attention, so they may attain academic success. Some of the many benefits of the program include: MIT • Individualized attention for up to four hours per week from an New Jersey Institute of Technology experienced educator NYU • A supportive learning environment where students are Northwestern University encouraged to accept an active role in their learning process Ohio State University • Instruction tailored to each student’s learning style and needs Penn State University • Positive reinforcement to improve students’ self- esteem and Princeton University confidence. Rutgers University • Focused attention on the development of critical thinking and Sacred Heart College leadership skills. St. John’s University State University of New York I’ve been fencing six years, and what I like about PWF program Stevens Institute of Technology is that it’s not only about fencing, it’s about improving every part Temple University of you - your physical condition and also your academics. It’s University of Edinburgh like they are making the perfect kid. University of Notre Dame ~ Jonathan D. student University of Pennsylvania Wayne State University If my daughter never wins a tournament, a bout, never makes a team, she is still the ultimate winner because of the role models she has been exposed to and the ability to control and focus her emotions in a positive way. ~Dan B., Parent

Lawrence spent the last 7 years in an ungraded school for autistic children. Being in the program enabled him to grow... and the change in him was so great that my husband and I felt comfortable enough to pull him out of his school and mainstream him. The program... has made a tremendous difference in his life. ~Yvonne G., Parent

Right: Peter and the 2012 College Scholars

5 Success Stories

PWF Closes 2012 Season with World Championship Medalists and New Olympian

In April 2012, the Peter Westbrook Foundation added to its already stellar list of accomplishments with one of its most successful months in the organization’s history. In Virginia Beach, Nzingha Prescod finished a grueling Olympic qualification period on the highest note possible as she qualified for the 2012 Olympic games in London, England. For the Columbia sophomore, qualifying for her first Olympic team, highlights a remarkable 4 year journey that includes 3 world championship titles and 4 National Team appearances.

“It’s really exciting. It has been my goal to become and Olympian since I can remember and I’ve been waiting for this moment all my life. It’s great that it’s finally here,” she said.

PETER WESTBROOK FOUNDATION Meanwhile, the best fencing teams from around the world assembled in the Ukranian capital of Kiev for the 2012 Fencing World Championships and the opportunity to compete for the title of World Champion. This year the Peter Westbrook Foundation (PWF) had the distinction of sending two of its athletes to the event. PWF Elite Athletes. From left to right: Ibtihaj Muhammad, Ben Bratton and Nzingha Prescod In the women’s sabre event, PWF’s own Ibtihaj Muhammad and Team USA were able to repeat their bronze medal performance from team rallied from behind to overcome France with a final score of 44 – the 2011 World Championships. Team USA earned a spot in the 37 making the United States the first team to defeat the French in medal rounds after a hard fought victory over France, 45-42, only to almost a decade and giving them the distinction of earning the first FIE fall to Ukraine, 45-41 in the semifinal round. In the bronze medal World Championship title for a United States men’s fencing team. match, the team handily defeated Italy, giving Muhammad her second consecutive World Championship medal. I’m an in awe of the success our fencer’s are having around the world,” said founder Peter Westbrook. “After 20 years of operation, Ben Bratton earned his second medal in three world championship we have been fortunate enough to have 6 Olympians, 2 Olympic appearances with the men’s epee team. Team USA entered the medalists and 5 World Championship titles, not to mention the competition with a convincing win over Kazakhstan, followed by a hundreds of lives we have impacted through our After-School and close overtime victory over 2011 Bronze Medalist Switzerland and Academic enrichment programs.” the number 2 seeded Hungary. In a rematch of the 2010 World Championships final, the United States faced France, a team that had not been defeated at a World Championship event since 2003. The

Athletic Milestones

Olympic Medalists

Erinn Smart - Silver, Women’s Foil Team, 2008 Keeth Smart - Silver, Men’s Sabre Team, 2008

Olympians

Kamara James - Women’s Epee; 2004 Ivan Lee - Men’s Sabre; 2004 Nzingha Prescod - Women’s Foil; 2012 Erinn Smart - Women’s Foil; 2000, 2004, 2008 Keeth Smart - Men’s Sabre; 2000, 2004, 2008 Akhnaten Spencer-el - Men’s Sabre; 2000

World Championship Medalists

Ben Bratton - Gold, Men’s Epee Team, 2012; Silver, Men’s Epee Team, 2010 Ibtihaj Muhammad - Bronze, Women’s Sabre Team, 2012; Bronze, Women’s Sabre Team 2011 Erinn Smart - Bronze, Women’s Foil Team, 2001

6 From left to right: PWF 20th Anniversary Honorees, Maurice Coleman and Daria Foster celebrate with Peter Westbrook;

PWF Alum, Bobby Smith

Community Corner PETER WESTBROOK FOUNDATION of which was not lost on Peter who was extremely gratified to see his PWF 20th Anniversary Gala former fencing comrades and mentors there to show their support

On June 14th the staff, family and friends of the PWF gathered at the In fact a number of the older Olympians revealed that they felt duty New York University Law School to celebrate the PWF's 20th bound to come to the event despite recent illnesses and the stress of anniversary at the first ever Gala Reception and Fundraiser organized long distance travel by the Peter Westbrook Foundation. The evening was billed as an opportunity for the PWF extended Despite having only a few months to bring things together, the family to come together and celebrate our collective achievement and organizing committee did a marvelous job and the evening was an indeed it was. More importantly it provided confirmation that the unqualified success in every way. From a financial perspective, the PWF family tree which has sprouted branches by the hundreds, boasts foundation was even able to raise over $100,000 for the 2012-2013 some very deep and strong roots as well. operating funds.

More important than the amount the PWF raised was the Alumni Spotlight - Bobby Smith overwhelming spirit of camaraderie, fellowship and electricity that permeated the atmosphere. Bobby Smith, founder of En Garde Detroit (EGD) and a product of the Peter Westbrook Foundation (PWF). EGD is a mobile provider of Kneeland Youngblood, the honorary Chairperson of the event, set the wellness programs utilizing the sport of fencing. tone early with his remarks. Mr. Youngblood spoke eloquently about the importance of organizations such as the PWF and why it was so Bobby joined the PWF in 1999 while attending St. Benedict’s Prep in important to support such organizations such as ours that play a Newark, New Jersey. After graduating high school in 2003, Bobby positive role in the lives of youth. received an athletic scholarship to Wayne State University.

With the evening activities under way, the energy level in the room In 2008, Detroit’s economy crashed, devastating the public school was bumped up a notch as several elite fencers from the PWF system. Many local schools were unable to afford basic toiletries, competed in some not-so-friendly "demonstration" bouts. requiring students to “bring your own tissue”. Bobby, with only ten credits remaining— stopped his education and decided to get The best was still yet to come. Later that evening the honorees Daria involved. Foster and Maurice Coleman each spoke eloquently and at times passionately about their commitment to philanthropy and community In 2010, Bobby became an alumnus of Wayne State University service for which they were being honored that evening. earning his B.A in Psychology. His work has earned many honors including the prestigious Spirit of Detroit Award and serving on Mr. Coleman, who is a Senior Vice President at Bank Of America, Detroit Mayor Dave Bing’s advisory board for emerging leaders. talked about his commitment both in his professional and personal life to helping provide underserved communities with access to top-notch Recently, Bobby spearheaded an initiative to secure the first North financial services. American Cup in Detroit history. Generating an estimated $2M in tax revenue stimulating economic impact— all before the age of 30. Ms. Foster spoke movingly about how she became aware of the Peter Westbrook Foundation and why upon learning about the PWF's work Bobby, credits the Peter Westbrook Foundation with embedding the she choose to become one of the organization's most committed very foundation of social responsibility within him. Based on the supporters and why she has taken a personal stake in the PWF's ideals of Peter Westbrook, he created a non-profit called Sports success. Dreams, a multi-sport organization dedicated to fueling the dreams of urban youth participating in uncustomary sports like Hockey, Lacrosse The most whimsical yet ultimately profound aspect of the evening was and Fencing. when Executive Director Peter Westbrook conducted a roll call of Olympians in attendance. There were over twenty Olympians in In his spare time, Bobby consults on sustainability ideation & attendance and at least one member from each fencing team since development. Committed to social entrepreneurism, he wants to create 1956. Needless to say this was a remarkable statistic, the importance a social venture firm in the future. What he describes as the “Berkshire Hathaway” of social impact investing. 7 From left to right: PWF Board Member, Kristina Perkin-Davison;

Volunteer Coach, Ahmed Yilla;

PWF Elite Athlete, Ibtihaj Muhammad

one of the best Junior fencers in the world. In 2000 he was named to Board Member Spotlight - Kristina the 2000 United States Men’s Junior National Fencing team earning

PETER WESTBROOK FOUNDATION Perkin-Davison him the distinction of competing at the 2000 World Championships. Following his successful fencing career, Ahmed began working as a The PWF takes immense pride in the role women have played in the paralegal for a real estate law firm while attending St. Francis College organization's success over the past twenty years. Simply put, the in Brooklyn. He was on track for a potentially lucrative career as a foundation would not be where it is today where it not for the talent, lawyer. But rather than settle on a more traditional career route, leadership, dedication and genius of the women in our organization at Ahmed decided to take a chance and reconsider where his true all levels. Kristina Perkin-Davison is one such woman whose passions lie. Reflecting on his experience as a high level athlete, contribution to the PWF has been priceless. Ahmed decided to pursue his passions for sports and fitness through a career as a personal strength trainer. Four years after his change of Reading Kristina's bio, one gets the impression that the colloquial course, Ahmed boasts a huge list of clients and as no surprise – most term "Renaissance Man", might very well have been conceived of as of them are athletes. “I love working with athletes. People with an "Renaissance Woman" had the person who coined the phrase met athletic mentality approach training in a completely different way. I Kristina first. Indeed just a brief summary is enough to leave one out love providing all of the knowledge I’ve learned over the years,” said of breath; she is a wife and mother of two, a record setting fencer, Ahmed. former banking executive, successful entrepreneur managing her own international investment firm, a member of the Council on Foreign Now it’s onto the next step. Within the next year, Ahmed plans to Relations, volunteer fencing coach, philanthropist, and finally she's open his own gym that reflects the sports and fitness philosophy that traveled in the cockpit of a U.S. Air Force C130 plane during a he has cultivated over a lifetime of athletic experience. He attributes refueling exercise. much of the success that he has today to the lessons he learned growing up as a young man with the PWF, using his experiences as a As impressive as her background and exploits are they pale in model to follow professionally. You can still find him working with comparison to the energy and dedication Kristina brings to her role as the program every Saturday morning helping the next generation of a board member of the PWF. She is a tireless advocate of the PWF athletes with their morning workouts. “Kid’s don’t get enough organization who has been instrumental in helping the PWF build key exposure to proper fitness anymore,” said Ahmed. “I give back to the donor relationships. Her expertise and insights into everything from foundation so that our kids learn proper techniques and we take our strategic planning to her ideas about how to improve our academic program to the next level.” He has even used his skills in helping programs have been invaluable. some of the PWF’s high-level athletes and Olympic hopefuls including 2008 Olympic Silver medalist, Keeth Smart and 2012 World We are so fortunate to have her on our board of directors. Champion, Ben Bratton.

“Ahmed’s success is a prime example of how the PWF can empower a Volunteer Spotlight - Ahmed Yilla young man to attain his calling and have an impact on the lives of others.” said Peter Westbrook.

“Be open to every opportunity. You don’t know how past experiences are going to help you in the future”. This is the mantra of Ahmed Community Recognition - Ibtihaj Yilla. When Ahmed was 10 years old, and his parents watched a segment on the evening news about the Peter Westbrook Foundation Muhammad (PWF), they saw the chance to expose Ahmed to something different. Even though he had never heard of fencing before, Ahmed took a In February 2012, the U.S. Department of State announced a global chance and came down to the PWF Saturday program with his parents effort to engage women and girls through sports. The Empowering and from day one he was hooked. “I had no idea what fencing was Women and Girls Through Sports Initiative aims to increase the and when my father took me on my first Saturday, I was expecting to number of women and girls worldwide who are involved in sports. be the only black kid there. I was shocked to see all of the kids that Secretary of State Hillary Clinton named PWF sabre fencer Ibtihaj looked like me fencing. It was incredible.” Muhammad a member of the council. As a sports ambassador, Muhammad travels overseas for the Department of State, leading It didn’t stop for him there, though. The experience opened Ahmed up clinics and team-building activities, as well as engaging youth in a to the world of sports and gave him the chance to represent the United dialogue on the importance of education and respect for diversity. States in competitions around the globe. With his passion for fencing and raw athletic ability, Ahmed would go on to distinguish himself as 8 Endowment Fund

In 2000, the PWF received the Oprah’s Angel Network “Use Your Planned Giving Life Award,” which included a grant of $100,000. In 2001, $60,000 of the award was used to start the Peter Westbrook Foundation Today, more and more people are coordinating their financial, estate Endowment Fund, with the remainder of the award spent on general and gift planning. With thoughtful planning you have the opportunity programs. In 2004, the Foundation received $1,000,000 from a to make a greater impact with your giving to a quality not-for-profit generous philanthropist who wishes to remain anonymous. In 2007, organization such as the Peter Westbrook Foundation, and often to Board Member Bill Schreyer established a $1.5 million matching enjoy increased financial and tax benefits as well. For example, you grant endowment. may be able to supplement your retirement planning, unlock yourself from capital gains, increase your spendable income and reduce or The overall goal of the Fund is to enable the Foundation to enhance eliminate estate taxes through planned giving. and continue its work with “at-risk youth,” and to minimize the need to solicit financial support. In these and other ways, planned giving can become an important The financial goal for the Fund is to raise $10 million dollars by 2014, element in your overall individual asset planning and for that of your and to provide support to a number of program initiatives, including: family.

PETER WESTBROOK FOUNDATION • The Peter Westbrook Foundation Center – An athletic training and academic learning center Your Gift • Computer Lab – An after-school program to improve student computer literacy skills One of the key reasons that people give is to support their community. • Standardized Test Preparation Courses – A series of courses While many people give substantially, most wish they could do more. designed help students improve their scores the PSAT, SAT, Specialized High School Admissions Test (SHSAT) and the There are a number of ways you can design your contributions to Secondary schools Admissions Test (SSAT) maximize the advantages both to you and the Peter Westbrook • Career Guidance – A mentorship program to prepare students for Foundation. Below are three such ways to enhance your contributions college and career through planned giving:

Athletic programs have the ability to guide at-risk youth in positive BEQUEST directions. Sports programs promote healthy social and physical development while offering positive alternatives to high-risk behavior. A simple, and often the easiest, gift to make is a bequest. It doesn’t require relinquishing anything during your lifetime and it can be stated Many of our country’s citizens, business professionals and political in a will, a codicil, a living trust or a trust amendment. The leaders attribute their success to participation in sports. These Foundation’s office can provide you with the appropriate language for individuals learned about the value of athletics early on in life, a bequest to our organization. through the encouragement of a parent or a coach or from lessons learned on the playing field. As always, our Foundation is hopeful that LIFE INSURANCE POLICIES many of these individuals will help continue our dream and legacy by extending the same opportunity to tomorrow’s leaders through their You can contribute a new or existing policy that is no longer needed. support of the Peter Westbrook Foundation Endowment Fund. Donors naming us as both policy owner and beneficiary can claim an income tax deduction equal to either a) the cash value or the cost basis The Endowment Fund is handled by the Foundation’s Chief Executive of an existing policy, whichever is less, or b) the annual premiums of a Officer through Merrill Lynch Investment Corporation. Donations are new policy. tax-deductible and can be pledged over a period of time. SECURITIES

Olympians from 1956 - 2012 at the PWF Gala Although many investors have recently realized losses in the equity markets, individuals can look to their portfolios for purchases held seven years or longer. Many donors hold securities that have realized significant gains, assets well suited to fund a charitable trust. In return, donors can receive tax-saving benefits and supplemental retirement income while helping to secure the future of our Foundation.

STARTING YOUR PLANNED GIVING PROCESS Why are you making a gift? Which gift method should you use? What benefits do you anticipate by making the gift?

These questions will help you define your planned giving goals. For more information about the Peter Westbrook Foundation Endowment Fund, please contact Mark Johnson at Merrill Lynch. He can be reached at (212) 415-7897 or by email at [email protected]. 9 The PWF endowment goal is to raise $10 79% of all contributions go directly to the million dollars by 2014. programs that your dollars help to support. PETER WESTBROOK FOUNDATION

Breakdown of the PWF’s use of charitable contributions Breakdown of the PWF’s participant household income

PWF Fundraising Accomplishments

$5,000,000##

$4,500,000##

$4,000,000##

$3,500,000##

$3,000,000##

$2,500,000##

$2,000,000##

$1,500,000##

$1,000,000##

$500,000##

$0## 1994# 1996# 1998# 2000# 2002# 2004# 2006# 2008# 2009# 2010# 2011#

10 Summary Statement & Activities

Statement of Financial Position, Activities, and Net Assets FYE 2011 Temporarily. Permanently. Unrestricted Restricted Restricted Total Support.and.Revenue !!Contributions!and!grants !!!!!!!!317,465 !!!!!!!!!!! 55,000 !!!!!!!!!!!! 608,500 !!!!!!!!980,965 !!Investment!return!appropriated!for!operations !!!!!!!!! 47,275 !!!!!!!!! 47,275 !!Program!fees!and!other!income !!!!!!!!! 10,506 !!!!!!!!! 10,506 !!Net!assets!relaesed!from!restrictions !!!!!!!!164,326 !!!!!!!!!! (55,500) !!!!!!!!!!! (108,826) !!!!!!!!!!!!!!!!!! Q ...... Total.support.and.revenue ....539,572 ...... (500) ...... 499,674 .1,038,746

Expenses !!Personnel !!!!!!!!171,850 !!!!!!!!171,850 !!Coaching!and!tutoring!fees !!!!!!!!118,259 !!!!!!!!118,259 PETER WESTBROOK FOUNDATION !!Scholorships!and!awards !!!!!!!!!!! 1,800 !!!!!!!!!!! 1,800 !!Tournament!and!competition !!!!!!!!! 61,552 !!!!!!!!! 61,552 !!Program!expenses !!!!!!!!!!! 3,461 !!!!!!!!!!! 3,461 !!Office!Expenses !!!!!!!!! 22,337 !!!!!!!!!!!!!!!!!!!!! !!!!!!!!! 22,337 !!Professional!fees !!!!!!!!! 31,529 !!!!!!!!! 31,529 !!Contributions!and!gifts !!!!!!!!!!! 1,317 !!!!!!!!!!! 1,317 !!Space!rental !!!!!!!!! 20,850 !!!!!!!!! 20,850 !!Insurance !!!!!!!!!!! 1,328 !!!!!!!!!!! 1,328 !!Depreciation !!!!!!!!!!! 3,020 !!!!!!!!!!! 3,020 ...... Total.Expenses ....437,303 ...... N ...... N ....437,303

..Change.in.net.assets.from.operations ....102,269 ...... (500) ...... 499,674 ....601,443

Other.changes:

!!Investment!return!not!appropriated!for!operations !!!!!!!(260,340) !!!!!!!(260,340)

!!!!Change!in!net!assets !!!!!!!(158,071) !!!!!!!!!!!!!!! (500) !!!!!!!!!!!! 499,674 !!!!!!!!341,103

Net.assets.at.beginning.of.year .1,239,699 ...... 24,049 .....2,798,833. .4,062,581

Net.assets.at.end.of.year .1,081,628 ...... 23,549 .....3,298,507. .4,403,684

Audited!Financials!by!Clifford!P.!Charles!CPA

11 2011 Family of Sponsors

Angels: $100,000 or more Supporters: $5,000 - $9,999 Robert & Christina Dow Claude M. Tusk Daria Foster The Planalp-Trevor Charitable Trust Bill Schreyer The Mill Foundation Lord, Abbett & Co. Bank of America Steven Skapper Saints: $30,000 - $99,999 Altman Foundation Donors: $1,000 - $4,999 The Perkin Fund New Roads Foundation Phoenix Beverages Wolfensohn Family Foundation Vanguard Charitable Endowment Pam and Tim Gallivan Thomas Cornacchia John E. Berson John J. Walsh Champions: $10,000 - $29,999 Paulette Wingo PETER WESTBROOK FOUNDATION Bloomberg Rush Philanthropic Arts Foundation Ronald Goldstein The Lipper Family Foundation David Berry Jeffrey Savit Andrew Sieg Victoria Loconsolo Foundation Doug Sieg John Nonna Barham Family Foundation Lynn Hagman Jacques & Emy Cohenca Foundation Reginald F. Lewis Foundation In-Kind Sponsor Ronald McDonald House Charities Fencers Club Heisman Trophy Trust Michael & Valerie Grant

Board of Directors Arthur Ashe, Posthumous Jennifer Madrid Andrew Sieg ’75 Wimbledon Champion MD, Bank of America Merrill Lynch

Rod Brayman Kristina Perkin-Davison Keeth Smart CEO, Phoenix Beverages Co-Founder & Partner, iEurope Capital VP, Bank of America Merrill Lynch ’00, ’04, ‘08 Olympic Silver Medalist

Robert Cottingham Herby Raynaud Peter Westbrook CEO, Sabre88, LLC CTO, TheRunthrough PWF Founder and Chief Executive Officer PWF Chairman of the Board PWF Secretary ’76, ’80, ’84, ’88, ’92, ’96 Olympic Bronze ‘88, ‘92 Olympian ‘99, ‘01, ‘02, World Championship Team Medalist

Robert Dow Bill Schreyer, Posthumous Chairman, Lord Abbett & Company Chairmen Emeritus, Merrill Lynch PWF Treasurer ‘72 Olympian

Advisory Board Members Donald Anthony Calvin O. Butts, III, D.MIN William J. Hybl President, USA Fencing Pastor, Abyssinian Baptist Church President Emeritus, United States Olympic ’90 World Championship Team President, SUNY at Old Westbury Committee

John Brademas Neil Diamond Dr. Harvey W. Schiller President Emeritus, New York University Global Entertainer, ArchAngle Productions Chairman, Global Options

12 Above: Nzingha Prescod competes at the 2012 PETER WESTBROOK FOUNDATION Olympics Games;

Below: Akhi Spencer-el, celebrates with national medalists, Idris Mitchell and Zaheer Booth

THE PETER WESTBROOK FOUNDATION CONTACT INFORMATION

PWF & Fencers Club Site Address

Follow the Peter Westbrook Foundation on: 229 W. 28th St. 2nd ﬂoor New York, NY 10001 Facebook Mailing Address LinkedIn YouTube G.P.O. Box 7554 New York, NY 10116

WWW.PETERWESTBROOK.ORG Phone: 212-459-4538 Fax: 212-280-5871

Email: [email protected]