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2013 annual report

Opening the door to greater educational opportunities since 1963. LETTER FROM THE PRESIDENT & BOARD CHAIR

A Better Chance celebrated its historic 50th Anniversary in 2013. During this milestone year, we reflected on a half century of providing access to life-transforming educational opportunities while looking ahead to the next 50 years of transforming talented youth into tomorrow’s leaders. The year-long celebration provided an opportunity to feature several of our exemplary Alumni leaders including Governor Deval Patrick, former Ford Foundation president Luis Ubiñas and Ambassador Bonnie Jenkins through our Distinguished Speakers Series. We showcased our long-term successful collaboration with more than 300 of the nation’s finest college preparatory schools through regional breakfasts that also featured outstanding Alumni. The highlight of our celebration was the 50th Anniversary A Better Chance Awards Dinner in June that recognized our outstanding Scholars, our 16 Legacy School partners who have worked with us for 50 years and honored two exemplary business leaders Roger Ferguson, Chairman and CEO of TIAA-CREF and Theo Killion, President and CEO of Zale Corporation. It was a Sandra E. Timmons wonderfully memorable year that brought together our Scholars, Alumni, program partners and generous supporters. At the 50th Anniversary Awards Dinner, we introduced A Better Chance’s transformative plan to expand student opportunity, ensure success in school, college and beyond, and build sustainability. Specifically, A Better Chance will EXPAND our programs to serve more students, deepen SUPPORT to students to ensure success, and SUSTAIN the pipeline of diverse leaders by engaging more fully and leveraging our Alumni network. The plan is already underway. During this year, we launched successfully a revitalized application process. The new process allows additional time for preparation and work with applicants to increase the number of students admitted to our Member Schools. We also introduced a series of summer workshops for applicants focused on improving academic skills and preparation for standardized admissions exams. Finally, we put in place a new student information system to allow better tracking and measurement of student progress and success. We look forward to sharing additional plan details and progress in the coming months. Ronald R. Pressman Over the course of the last 50 years, A Better Chance has been a driving force in the effort to increase educational attainment among youth of color. Our record of success is evident in the more than 14,000 Alumni who have become leaders in their respective fields. Their success is a direct result of the educational access that they received through A Better Chance. Our accomplishments would have been impossible without the steadfast support of our many program partners, friends, and Alumni. Thank you for your continued investment in our Scholars and our vital work. With your help, we are confident we will reach our goal of nearly doubling the number of Scholars served annually by 2020. Working together, we will continue to strengthen the pipeline of diverse leaders by helping talented, young people realize their leadership potential, and in doing so, position our society for great success ahead. Thank you again 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.

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

A Better Chance 2013 Annual Report | 1 PROGRAM UPDATE

Current Scholars Finding Talent Often Overlooked College Preparatory  Schools Program:  • A Better Chance is the oldest and only national organization of its kind serving approximately Total Enrollment in Academic 2,000 students chosen for their motivation, academic strength and potential who are enrolled Year 2012-2013 – 1,963 in more than 300 of the nation’s most rigorous and prestigious boarding, day and public schools through its College Preparatory Schools Program. • More than half of our Scholars’ families make less than the national household  median income. • About 44% of our Scholars live in single-parent households. • Approximately 500 students annually are recruited and placed in outstanding  educational opportunities. • Approximately 96% of A Better Chance graduating seniors enroll directly in college. 67%African American 15%Hispanic American/ Latino 8%Multiracial 6%Asian American 3%Other Affiliated Colleges Program <1%Native American

We would like to thank our Affiliated Colleges program partners. These colleges and universities have partnered with A Better Chance to demonstrate their commitment to diversity. They provide essential resources to assist our Scholars throughout their application process and  give further consideration to scholar applicants throughout their admissions process. (List as of August 31, 2013)

Amherst College Emory University Trinity College 59% Female Barnard College Franklin & Marshall College Tufts University 41% Male Bates College Harvey Mudd College University of Chicago Boston University Lafayette College University of Richmond Bowdoin College New College of Florida University of Southern Carleton College Carnegie Mellon University Occidental College University of Tampa Claremont McKenna College Reed College University of Virginia Colgate University Rice University Vassar College College of William & Mary Saint Thomas Aquinas Cornell University College Worcester Polytechnic 64%Independent Davidson College Sarah Lawrence College Institute Day Schools Denison University Smith College 28%Independent Drexel University Stanford University Boarding Schools 8%Community  School Programs

A Better Chance 2013 Annual Report | 2  All Boys School |  All Girls School | * 5-day | Original Partner School | Over 35 Year History MEMBER SCHOOLS

Member Schools

For over 50 years, A Better Chance has partnered with many of the most rigorous and prestigious college preparatory schools across the country. To date, we work with more than 300 such institutions committed to educating young people of color who are capable of assuming positions of responsibility and leadership in American society. Approximately a third of our schools have partnered with us for more than 35 years. Our Member Schools are the life blood of our work, steadfast in the idea that a better education leads to a better life, and exemplify that commitment by accepting approximately 500 new A Better Chance Scholars each year.

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

A Better Chance 2013 Annual Report | 3  All Boys School |  All Girls School | * 5-day Boarding School | Original Partner School | Over 35 Year History MEMBER SCHOOLS

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

A Better Chance 2013 Annual Report | 4  All Boys School |  All Girls School | * 5-day Boarding School | Original Partner School | Over 35 Year History MEMBER SCHOOLS

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

A Better Chance Scholar Lucy Pan Riverdale Country Day School, 2020

Lucy is committed to academics and is a straight-A student. Lucy is also a talented artist and who has a passion for math; she placed first in her team in the MathCounts Chapter competition for grades sixth through eighth, and she was ranked in the top ten overall despite being the youngest competitor. Lucy is also very active in her school and community. For example, she participates in a weekly after school program tutoring younger children, attended local and regional diversity conferences, and was active in Change Agents and Model Congress. She is a very involved A Better Chance Scholar, volunteering at programmatic events and promoting A Better Chance however she can. A Better Chance awarded Lucy with a Young Leader Award for her academic excellence and leadership within her school community.

A Better Chance 2013 Annual Report | 5 STATEMENT OF ACTIVITIES Fiscal Year 2013 — Ending August 31, 2013

Temporarily Permanently Unrestricted Restricted Restricted Total 2013

PUBLIC SUPPORT AND REVENUE Special events revenue $ 1,326,261 $ - $ - $ 1,326,261 Less: costs of direct benefits to donors (185,968) - - (185,968) Net revenues from special events 1,140,293 - - 1,140,293 Contributions and grants 646,774 3,432,157 125,000 4,203,931 Contributions in kind 335,648 - - 335,648 School membership dues 148,575 - - 148,575 Registration fees and other 59,235 - - 59,235 Investment activity 695,925 299,067 - 994,992 Change in value of beneficial interest in perpetual trust - - 15,011 15,011 Other transfers - - - - Net assets released from restrictions 2,025,201 (2,025,201) - -

TOTAL PUBLIC SUPPORT AND REVENUE 5,051,651 1,706,023 140,011 6,897,685

EXPENSES Program services 3,059,633 - - 3,059,633 Management and general 357,634 - - 357,634 Development 1,218,671 - - 1,218,671

TOTAL EXPENSES 4,635,938 - - 4,635,938

RECLASSIFICATION OF UNAPPROPRIATED EARNINGS ON ENDOWMENT FUNDS (662,086) 662,086 - -

CHANGE IN NET ASSETS (246,373) 2,368,109 140,011 2,261,747

Net assets - beginning of year (1,950,687) 1,124,865 11,967,426 11,141,604

NET ASSETS - END OF YEAR (2,197,060) 3,492,974 12,107,437 13,403,351

Data pulled from audited financial statements for fiscal year 2013 prepared by Marks, Paneth, & Shron, LLP. For complete reports, please contact A Better Chance at (646)346-1310 or visit us at www.abetterchance.org. Breakdown of Expenses Source of Contributions Total Expenses: $4,635,938 Total Contributions: $5,865,839 23% Events* $1,352,293 66%Program Services $3,059,633  11% Individuals 8% Finances &  $618,093 Administrative 14% Institutional $357,634 $836,331 26%Fundraising  51% 50th Anniversary Pledges $1,218,671 $3,009,122 1% Estates & Trusts $50,000 *Includes in-kind contributions A Better Chance 2013 Annual Report | 6 DreamBuilder |  Institutional Funder |  National Partners |  The 50th Anniversary A Better Chance Awards Dinner SUPPORTERS

Supporters of A Better Chance

A Better Chance’s work would not be possible without the generous support of its donors and partners. In fiscal year 2013, Alumni and friends of the organization made their contributions in the following ways: Individuals joined or renewed their DreamBuilder membership by donating at least $1,200 per year. Launched in 2008, members of the DreamBuilder Society are part of an esteemed group who recognize the organization’s tremendous legacy and impact and share our enduring commitment to helping talented youth of color. Also, A Better Chance appreciates its Institutional Funders that have shown their support in the form of grants to help fund our signature College Preparatory Schools Program. The National Partnership Program enables companies to sponsor The A Better Chance Awards—our single biggest event of the year—and provide year-round funding of our programmatic activities. The 50th Anniversary A Better Chance Awards Dinner took place on June 11, 2013, during which the organization recognized leaders who have demonstrated a serious commitment to supporting education and diversity. Eight hundred supporters, Alumni, and Scholars saluted our honored guests: the 2013 A Better Chance Scholar Award winners, Chairman’s Award winner Roger Ferguson, Chairman and Chief Executive Officer of TIAA-CREF, and DreamBuilder Award winner Theo Killion, Chief Executive Officer of Zale Corporation. We thank the following donors and partners for investing in our Scholars. Working together, we can make the future that much brighter for each and every one of them.

$100,000 +  Boies, Schiller & Flexner LLP  Dawn Comer  American Media Operations Tracy L. Chapman*  Credit Suisse  Anonymous  Cleary Gottlieb Steen & Hamilton LLP  Cushman & Wakefield, Inc. Peter Atkins    Deloitte  Debevoise & Plimpton LLP Torrence N. Boone*  Elliott Management Corporation  Dodge & Cox John P. and Barbara Costas  Roger W. Ferguson, Jr. and Annette Nazareth  Educational Records Bureau  Ford Foundation   GE Asset Management  Dana M. and Robert L. Emery Peter and Barbara Georgescu  Georgescu Family Foundation  Ernst & Young LLP  Carla A. Harris  Goldman Sachs  Firestar Diamond Inc. Carol Sutton Lewis and   A. Richard Janiak Stan* and Tiki Foster William M. Lewis, Jr.*  Stefan Kaluzny  Fred C. and Katherine B.    Morgan Stanley Foundation The Lewis Family Foundation* Andersen Foundation  Ronald R. and  Phoebe G. Milliken  GE Capital Real Estate Mary H. Pressman   The Nielsen Company GE Foundation Tracey Riese A. Louis Parker*  GenNx360 Capital Partners, LLC Steve and Karin Sadove Miriam Rivera*  Goldman Sachs & Co. Erv and Louise Shames   Skadden, Arps, Slate, Meagher & Flom LLP GSD&M Dmitri Stockton David R. Smith* Jenny Y. Harrison* Christopher J. and Janice Williams Logan Q.* and Robyn Taylor  D. Gregory Horrigan  $50,000 - $99,999  TIAA-CREF ING Foundation Bruce Breimer Reginald Van Lee  Innisfree M & A Incorporated Susan Chapman-Hughes and   International Flavors & Fragrances, Inc. $10,000 - $24,999  Christopher Hughes Joele Frank, Wilkinson, Brimmer, Katcher  Activision Publishing, Inc. Gregory T. Durant Mr. and Mrs. Derek C. Johnston* Michael H. Armacost  JP Morgan Asset Management  Gage Trust Bank of New York Mellon  Theo Killion*  May and Stanley Smith Charitable Trust Barclays Capital, Inc.  Macy’s and Bloomingdale’s Tim* and Deborah McChristian Brunswick Group LLC Duane* and Alicia Malone Clarence Otis CastleOak Securities, L.P. Sheila M. Marmon* Louise M. Parent and John P. Casaly  Centerbridge Partners  Dean and Yvonne Marsh  The Tides Foundation  Chico’s Retail Services  McKesson Foundation, Inc. Rhonda R. Trotter*  Choice Hotels International  National Association Kurt and Roxanna Van Wagenen  Citi Retail Services  PAJ, Inc.  Xerox  Citibank  Edward Ramos* and Karen Stewart-Ramos $25,000 - $49,999  Citizen Watch Company of America Gregory* and Irma Robinson   American Express Foundation  The Coca-Cola Company Pat Rosenwald  BNY Mellon Wealth Management  Cognizant Sheria Dranise Smith*

A Better Chance 2013 Annual Report | 7 DreamBuilder |  Institutional Funder |  National Partners |  The 50th Anniversary A Better Chance Awards Dinner SUPPORTERS

 Peter J. Solomon Company, LP  Providence Equity Partners  Donald C. Torey  Pricewaterhouse Coopers LLP  The Schwartz Family Foundation  United Way of  Robertson Foundation  Sony Corporation of America Michael J. Urfirer and Donalda L. Fordyce  Saks, Inc.  The Spence School  John O. Utendahl  Sandeep Diamond Corporation  Starwood Capital Group Management, LLC Alice Vilma  SDC Designs LLC  Stone Point Capital Foundation  Barbara Vogelstein  Seyfarth Shaw LLP Donald M. and Frances P. Sykes $1,200 - $2,499  Arturo Sida*  The V & L Marx Foundation Laura Agostini  Sills Cummis & Gross P.C.  W Capital Management Antar A. Al-Qawwee*  Marilyn and Jim Simons Alfred Winkler, M.D.*  American Express Matching Gift Program  State Street Foundation, Inc. $2,500 - $4,999 Luis Amador  Tishman Speyer Properties, Inc.  Alliance Data David Amuda*  Verigold Jewelry Anonymous  Anonymous*  The Witkoff Group Cristina E. Antelo* Abigail M. Arechiga*  Zale Corporation  Apollo Real Estate Management IV, LP C. Mark Arnold* and Roz F. Fields $5,000 - $9,999  Gregory Austin* Bernard K. Asirifi*  Anonymous  Rodolphus* and Aliya B. Bethea Jay T. Backstrom, M.D. Lisa Ashby*  Elizabeth Black  Bank of America Corporation  Bank of America Matching Gifts Tony Borrego Claudia Bayuelo  Beacon Capital Partners, LLC Scott Bower Alterra Bermuda Joan and James Berkowitz  Bristol-Myers Squibb Company  Bloomberg  Brian & Joelle Kelly Family Foundation  CamberView Partners Bodie Brizendine  Capri Capital, L.P.  Catlin Insurance Co. Tiffani R. Brown, Esq.*  Kerry D. Chandler Walter K. Clair, M.D.* Eileen Brumback  Clayton, Dubilier & Rice, Inc.  Eric Cochran Romeo and Mai Brooks  Community Counseling Services Co., LLC  Corporate Power Marcus Buffaloe Bertha I. Coombs*  Cravath, Swaine & Moore Christina N. Bute* Laura D. Corb  Dan Klores Communications, Inc. Mark and Tatia Carson  The Corbett Family Charitable Foundation,  Lisa Davis Carolyn C. Cavaness* Inc.  Mr. Sean C. Dent, Esq.*  Challenger, Gray & Christmas, Inc.  Crane Fund for Widows and Children  Vernetta E. Dorsey* Rhonda Clark  The Curtis W. McGraw Foundation Vaughan Edwards* and Kathleen Keane Larry A. Coles  Dr. Scholl Foundation  Ernest Fair, Jr.* C.W. Copeland, Ph.D.  Enterprise Holdings Foundation  Fern Family Foundation Valerie Cornelious  Gallogly Strickler Family Fund James Flanagan Don and Saundra Cornwell  Paul Herzan and Alexandria Herzan  Forest City Development Sonya L. Crosswell  Hewlett-Packard  Goldstar Jewellery LLC  Sydney E. Davis*  Holliday Fenoglio Fowler, L.P. LHFFD Griffith Family Foundation  Deutsche Bank Americas Foundation  The Hyde and Watson Foundation Antoine G. Hatoun Derrick and Rashida K.* Diggs  IBM Corporation  Bradford* and Andrea Hobbs Darlene J. Draper Brian A. Jackson* Janice Innis-Thompson  Dtz/Rockwood Real Estate Advisors  Toby Jackson / Express  Interjewel U.S.A., Inc. Dr. Vickie Cox Edmondson  Jockey Hollow Foundation  Abhay Javeri Kenneth W. Epps Michael W. Kidd* Jillian E. Joseph, Esq.* Julian Evans   KPMG LLP  Robert Leeds Curtis R. Farrar*  Rashida K. La Lande, Esq.* and   Juno Lucina Pauline Fischer Derrick Diggs  MasterCard Worldwide Matching  Oliver P. Flint  Leeds Equity Partners, L.L.C. Gift Program Edward A. Flores* Christopher J. Leggett, M.D.*  The Moody’s Foundation Andre A. Francois* Lewis-Bakker Charitable Lead Annuity Trust Julie and Saul Morgenstern  Gibson, Dunn & Crutcher LLP  LightRiver Technologies, Inc.  The Mufson Family Foundation Joshua D. Galun  Mary and Jack Lowe  Robert H. Niehaus Amit Gilja Donald Lowery*  Northern Trust Company Charitable Trust Alcina L. Goosby  Ludwig Family Foundation  Paramount Group, Inc. E. Michael Greaney  Macy’s Inc. Anne L. Peretz Kiama Guimaraes  Mario Family Foundation  Public Welfare Foundation Councilman Kwanza Hall  MJJ Brilliant Inc.  RBS Securities Inc. Derrick B. Harris* Russell Noles  Michael P. Rogan  Vijantamala Haridat  Oak Hill Capital Management, Inc.  Royal Chain Group Harold M. Henry  Odyssey Investment Partners, LLC Alanna C. Rutherford  Dina L. Hill*  O’Melveny & Myers Steven Thorne Wanda M. Holland Greene*  Mary and Satya* Pradhuman Sandra E. Timmons Robin T. Howe*

A Better Chance 2013 Annual Report | 8 DreamBuilder |  Institutional Funder |  National Partners |  The 50th Anniversary A Better Chance Awards Dinner SUPPORTERS

 J. Homan Ltd. Deirdre Segerson We would like to thank the following InterFace, Inc.  Kim Seymour sponsors for providing in-kind support La Keisha C. Jones*  Anthony* and Vanessa Shropshire to A Better Chance during the year:  Kelly* and Randall Kahn* Pamela E. Simons  Kekst and Company Incorporated Leia M. Skie Geraldine Aine  Hogan Lovells US LLP Jesse J. Spikes, Esq.* Elizabeth Black Christen E. and Nyssa Lee Chantal N. Stevens Marcus Buffaloe Sheree Carara  Legend Jewelry Dina D. Strachan* Mark Levenson Patrick & Jenny Sweeney Drexel University Carla A. Harris  Gregory G. Little  Lara F. Thompson* Hunter College  Eric A. Logan*  Transatlantic Reinsurance Company Matthew Gatto Donna M. Lowery Darryl D. Turner* ISEE -   The Honorable Eugene Ludwig and   Verizon Foundation Entrance Exam Dr. Carol Ludwig  Wells Fargo Captial Finance Abhay Javeri Charlise L. Lyles* Tara L. Williams* Christopher Johnson Hardia Madden* Wayne K. Williams Rahsan Rahsan D. Lindsay Edward Majkowski George S. Wilson, II* Maret School Donald and Tasha* McCall Herbert S. Winokur, Jr. Sheila M. Marmon* Ashley M. McFarlin Buie* Tesha S. Winslow* Elias F. Miró* Bradford P. Meacham, Esq.*  Earle Yaffa Beth Newborn Natalie and Obie McKenzie William Zaki Robbins Ellen Ogwaro Leonard McReynolds Stinson Parks* Elias F. Miró* Alex Picciano Sylvester Monroe* Edward Ramos* and Karen Stewart-Ramos Romie Morett Gregory* and Irma Robinson  Thomas Morriss Ropes & Gray LLP Sheldon S. Mundle* Ruke Ufomata John Santora Jessica and Charles Myers Kim Seymour Silas Myers Bruce A.* and Daria Shelton Felton T. Newell Sidwell Friends School Okwudiri Onyedum Springside School Sunil M. Oommen Yemi Soyemi Tony E.* and Gwendolyn A. Pace SSATB Vanessa Pairis Suite369 Alex Picciano Trinity School  Kim Pompey* Tara L. Williams*  Mark A. Prince* Simone R. Yatrakis* Mark Rabinowitz Raymond W. Ransom Irene Riley*

*A Better Chance Alumni This list was culled from records dating from September 1, 2012 – August 31, 2013

A Better Chance Parent Testimonial Yumei Cao and Jian Pan Parents of Lucy Pan, Riverdale Country Day School, 2020

“We would like to express our deep appreciation to A Better Chance for selecting our daughter Lucy for the “A Better Chance Young Leader Award” this year, and to the friends and supporters who so generously funded the award. She makes us very proud of her achievements in both academics and leadership. We are so grateful for the support and help she received from A Better Chance and Riverdale Country School. We hope that she will continue to make progress in the future, and that in turn, one day, she will be able to give back to society and help other students achieve their goals.”

A Better Chance 2013 Annual Report | 9 THE NATIONAL BOARD OF DIRECTORS

The National Board of Directors 2012–2013 Officers

Chair Vice-Chair Ronald R. Pressman Timothy C. McChristian * Executive Vice President & Vice President Chief Operating Officer IBM (Retired) TIAA-CREF

Members

Peter Allan Atkins Carla A. Harris Dmitri Stockton Partner Managing Director President & CEO Skadden, Arps, Slate Meagher & Flom, LLP Morgan Stanley GE Asset Management

Bodie Brizendine Henry W. Lavine Sandra E. Timmons Head of School Senior Counsel President The Spence School Squire, Sanders & Dempsey, LLP A Better Chance

Susan Chapman-Hughes A. Louis Parker * Kurt Van Wagenen Senior Vice President, Global Real Estate & Consultant President & CEO Workplace Enablement First Light Fiber American Express Company Tracey G. Riese President John P. Costas TG Riese & Associates, Ltd. Chairman Oprah Winfrey The Costas Family Foundation Gregory T. Robinson * National Spokesperson Vice President Gregory T. Durant RBS Vice Chairman & Managing Partner, *A Better Chance Alumni Clients & Industries Steven S. Rogers * Deloitte & Touche, LLP Senior Lecturer of Business Administration, Harvard Business School Gregg A. Gonsalves Managing Director Goldman Sachs & Co.

A Better Chance Scholar Harold Minor Woodberry Forest School, 2015

Harold “H.T.” Minor is quite the meritorious student-athlete. He currently holds a 3.6 cumulative GPA and is a tri-varsity athlete, being awarded All-Prep and All-State honors in football, indoor track, and outdoor track. H.T. is also very active in Woodberry leadership clubs. He helped found “The Discussion,” a therapeutic group that supports students in troubling times. He also coordinates meetings and writes skits for Freshman Orientation and Taking the Lead, two groups that promote acceptance and social diversity. He is currently being recruited by Brown, Harvard, and Princeton. He plans on making his main goal—going to UPENN—a reality.

A Better Chance 2013 Annual Report | 10 THE NATIONAL ADVISORY COUNCIL

The National Advisory Council 2012–2013

Gregory Robinson * Derek C. Johnston, Esq. * Daria Shelton Chair Sutherland Co-Vice Chair for Events RBS Capital Markets Pomfret School, 1985 ASPiRE Choate Rosemary Hall, 1997 Jillian E. Joseph * Anthony B. Shropshire * Antar Al-Qawwee * GE Capital Real Estate Co-Vice Chair for Membership Deutsche Bank Berkshire School, 1997 Bank of America Merrill Lynch Athenian School, 1996 Winchester A Better Chance, 2000 Rashida K. La Lande, Esq. Khary P. Barnes * Gibson, Dunn & Crutcher, LLP David R. Smith * Forest City Enterprises American Express Company Scott W. Langley, Esq. University School, 1980 Second Mile A Better Chance, 1998 Scott W. Langley Insurance Company –  Rudy Bethea * State Farm Insurance Nichol Whiteman * NestWise Los Angeles Dodgers Foundation Eric Logan * Canterbury School, 1994 St. George’s School, 1987 Precision Castparts Corporation Christina N. Bute * Phillips Exeter Academy, 1992 Wayne K. Williams Co-Vice Chair for Events New York State Department of  Sheila Marmon * JPMorgan Chase Mirror Digital, Inc. Financial Services Phillips Exeter Academy, 2004 Cate School, 1990 Deerfield Academy, 1990 Carolynn C. Cavaness * George S. Wilson, II* Bradford P. Meacham, Esq. * First District Plaza Thompson Hine LLP Columbia University Hudson School, 2001 Phillips Academy, 2001 Middlesex School, 2004 * Dawn Comer Felton Newell Alfred Winkler, MD IBM Global Business Services Baute Crochetiere & Wang Department of Urology at  Queens Health Network Keenan Davis * Adrian Perry * Groton School, 1985 Turtle Beach Accenture * Lower Merion A Better Chance, 1994 Loomis Chaffee School, 1993 Simone R. McBean Yatrakis RPCK | Rastegar Panchal Sydney E. Davis * Desmond L. Pollock * Andover A Better Chance, 1990 Paramount Pictures Transatlantic Reinsurance Company Fayetteville-Manlius A Better Chance, 1983 Deerfield Academy, 1989 Soyini Waltin Dubé * Mark A. Prince Jr. * Frito-Lay North America Professional Partnering Solutions, Inc. *A Better Chance Alumni Westover School, 1999 Webb School of California, 1986 Jawanza J. Gross * Suzette M. Ramirez * BNY Mellon Pershing, LLC Deerfield Academy, 1990 Cranbrook Kingswood School, 1989 Keith Harvey * Bruce Shelton * Keith J. Harvey, CPA , 1994 Radnor A Better Chance, 1997

A Better Chance 2013 Annual Report | 11 NATIONAL STAFF

The National Staff

Claudia Bayuelo Irfan Nadir Natasha Scott * Executive Assistant & Office Manager Finance Intern Program Associate, Northeast Region Nicole Bouknight Johnson Prasant Nukalapati Ivonne Simms Director of Development Program Manager, Northwest Region Program Manager, Southeast Region Johnathan Gibson * Kristina Palmer Chantal N. Stevens Senior Program Manager, Northeast Region Major Gifts Officer, East Coast National Director, College Preparatory Schools Program Manuel Guisa Martina Previl * Program Associate, Northwest Region Program Associate, Southeast Region Sandra E. Timmons President Samantha Horsell Denyse Procope-Gregoire Coordinator of Admissions Operations Data and Evaluation Manager Tahira West Director of Finance and Administration Cynthia Housel Stephanie Reaves Major Gifts Officer, West Coast Program Associate, Mid-Atlantic Region Keith Wilkerson Senior Program Manager, Mid-Atlantic Region Richard Martin * Jessica Reid * Community Schools Program Manager Program Associate, Northeast Region Sarah Mobarak Anita Roberson *A Better Chance Alumni Special Events & Marketing Associate Program Manager, Midwest Region Faran Nadir Finance & Database Manager

A Better Chance Alumnus Torrence Boone A Better Chance Scholar 1983 • Phillips Academy (Andover) 1987 BS Lehigh University 1989 MBA Columbia Graduate School of Business 1993 Managing Director for Agency Business Development, Google

Torrence Boone is the Managing Director for Agency Business Development at Google. He oversees the internet giant’s efforts to build the future of online advertising and strategic partnerships with ad agencies and their clients. His team is responsible for worldwide media and creative agency strategy and drives the integration of Google's products and platforms within global brand marketing campaigns. Torrence has been an A Better Chance supporter for over a decade.

• Where you were before becoming an A Better Chance Scholar? I grew up in inner city , but had the great fortune of attending Roland Park Junior High School, a city wide magnet school, where Andover and Exeter came to recruit underrepresented students. • What was your experience at your Member School? It was an outstanding and incredibly expansive experience. I was exposed to an amazing group of teachers and peers and was challenged intellectually, socially and physically. I came to understand the importance of being a well-rounded person and of giving back to the community. At Phillips Academy I discovered many life-long passions — the performing arts, especially dance, literature and writing. • What impact did A Better Chance have on your life? A Better Chance made my experience at Phillips Academy possible, so its impact is extraordinary for all of the reasons above. I characterize A Better Chance and Andover as my “big break” — that pivotal experience in life that catapults you into a different trajectory of life. • Why did you choose to invest in this organization? A Better Chance is an incredibly powerful force of transformation in the lives of young underrepresented students. It is an investment in the next generation of leaders of color.

A Better Chance 2013 Annual Report | 12