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2010 annual report

Opening the door to greater educational opportunities since 1963. L e t t e R  f r o m t h e p r e s i d e n t & B o ar d C h a i r

The lack of quality educational opportunities took center stage in discussions about America’s future with the release of films like Waiting for Superman and The Lottery in 2010. These films illustrated how many talented students are not realizing their full potential at a time when our nation needs all of its resources to remain competitive. These films ignited a critical dialogue about the types of efforts needed to prepare future generations for success. A Better Chance is helping to address that need. We have been opening the door to greater educational opportunities and launching talented students of color on the path to leadership for nearly 50 years. This past year, A Better Chance helped place more than 450 students in a national network of over 300 of the most rigorous boarding, day and public schools. We supported approximately 1,900 enrolled Scholars with academic and enrichment programming, including a national college tour; career awareness workshops; and international travel and study abroad opportunities through partnerships with the Experiment in International Living Sandra E. Timmons and the Cambridge College Programme. It would be impossible for us to create educational and leadership opportunities for students without the continued commitment and engagement of our many partners, supporters and friends. Our Alumni launched a new Pass It Forward fund to increase participation among those who have benefited from the program, and the first campaign surpassed its initial $250,000 goal. We strengthened our outreach to A Better Chance Alumni with events in Washington, D.C., , Los Angeles and San Francisco. A Better Chance also continues to build its National Advisory Council, a volunteer group composed of Alumni and other emerging young leaders who are committed to strengthening A Better Chance’s national presence and fundraising. As we approach our 50th Anniversary in 2013, we recognize the continued urgency of our mission. To be sure, our nation has experienced considerable progress in diversity and inclusion in the past 50 years. But we must maintain the focus and keep the momentum going. We need the contributions of all of our talented young people. There is still much work to do, but together we can accomplish great things. We will strengthen the pipeline of diverse leaders Ronald R. Pressman by increasing the number of A Better Chance Scholars and by providing greater support to them in school, college and career. Thanks for your continued investment in our future.

Sandra E. Timmons Ronald R. Pressman President Chair

A Better Chance 2010 Annual Report | 1 p R o g ra m U p d a t e

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 – 1,891 1,900 students chosen for their motivation, academic strength and potential who are enrolled in more than 300 of the nation’s most rigorous, prestigious boarding, day and public schools through its College Preparatory Schools Program. • 55% of 2010 incoming Scholars’ families make less than the national household median income. • Nearly 50% of our Scholars live in single-parent households. • Approximately 500 students annually are recruited and placed in outstanding educational opportunities. 66% African American 19% Hispanic/Latino • 96% of A Better Chance graduating seniors immediately enroll in college. 6% Asian American 5% Multiracial 4% Other <1% Native American Affiliated Colleges Program

We would like to thank our Affiliated Colleges program partners. These colleges and universities have partnered with A Better Chance to demonstrate their commitment to diversity.

American University Emory University Skidmore College Amherst College  60% Female Babson College University The Sophie Davis School of 40% Male Barnard College Grinnell College Biomedical of University Hamilton College the City College of CUNY Harvey Mudd College Bucknell College Hope College Temple University Case Western Reserve Loyola Marymount University University of University University of Richmond Claremont McKenna College Northwestern University University of Rochester Colgate University Occidental College University of Southern 61% Independent College of the Holy Cross Pomona College California  day Schools College of William & Mary Rice University University of Tampa 31% Independent College Saint Lawrence University University of Virginia  Boarding Schools St. Thomas Aquinas College Vassar College 8% Community Denison University Santa Clara University  school Programs Drexel University Worcester Polytechnic Emerson College Scripps College Institute

A Better Chance 2010 Annual Report | 2  All Boys School |  All Girls School | * 5-day | Founding School | Over 35 Year M e m b e R  s C h o o l s

Member Schools

In the past 48 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 over 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 collaborated with us for over 35 years. Further, 16 of our schools are founding schools and have been with us from the very beginning. Our Member Schools are the life blood of our work, steadfast in the idea that a better education leads to a better life, and exemplifying that commitment by accepting approximately 500 new A Better Chance Scholars each year.

Northeast Region (NY, Northern NJ,  , Greenwich, CT , Meriden, NH ME, CT, NH, MA, RI, VT) , Boston, MA Lawrence Academy, Groton, MA NY & Northern NJ Day Schools:  Convent of the Sacred Heart, Greenwich, CT The , Windsor, CT  The , New York, NY , Greens Farms, CT The , Dobbs Ferry, NY Brooklyn Friends School, Brooklyn, NY Hamden Hall Country ,  , Concord, MA The , New York, NY Hamden, CT , Millbrook, NY The Cathedral School of St. John the Divine, The Lexington Christian Academy,  , Milton, MA New York, NY Lexington, MA  Miss Hall’s School, Pittsfield, MA  The , New York, NY Noble and Greenough School, Dedham, MA*  Miss Porter’s School, Farmington, CT City and Country School, New York, NY The , Weston, MA Northfield Mount Hermon School,  Collegiate School, New York, NY  The Roxbury School, , MA Mt. Hermon, MA  Convent of the Sacred Heart, New York, NY St. Luke’s School, New Canaan, CT , Andover, MA The , New York, NY , Braintree, MA , Exeter, NH  , Morristown, NJ The , Beverly, MA , Pomfret, CT The Dwight Englewood School, Englewood, NJ  The , Boston, MA , Portsmouth, RI Fieldston School, Riverdale, NY Northeast Boarding Schools: , Andover, NH , New York, NY  School, Avon, CT The Putney School, Putney, VT , Tarrytown, NY* , Sheffield, MA Saint George’s School, Newport, RI  The , New York, NY , Blairstown, NJ Saint Mark’s School, Southborough, MA , Hoboken, NJ , North Andover, MA Saint Paul’s School, Concord, NH  , Summit, NJ Buxton School, Williamstown, MA  , Salisbury, CT The Kew-Forest School, Forest Hills, NY The Cambridge School of Weston, Weston, MA  Stoneleigh-Burnham School, Greenfield, MA L.R.E.I., New York, NY Canterbury School, New Milford, CT , Suffield, CT , Livingston, NJ  , Canaan, NH Tabor Academy, Marion, MA  The Nightingale-Bamford School, Chapel-Hill-Chauncy Hall School, Waltham, The , Watertown, CT New York, NY MA , Tilton, NH The Packer Collegiate Institute, Brooklyn, NY , Cheshire, CT Westminster School, Simsbury, CT Poly Prep Country Day School, Brooklyn, NY , Wallingford, CT  , Middlebury, CT Riverdale Country School, Bronx, NY , Concord, MA The , Bethlehem, NH Rudolf Steiner School, New York, NY  , Wellesley, MA Wilbraham & Monson Academy, , Rye, NY , Deerfield, MA Wilbraham, MA  St. Bernard’s School, New York, NY , Dublin, NH The Williston Northampton School,  St. David’s School, New York, NY  Emma Willard School, Troy, NY Easthampton, MA St. Luke’s School, New York, NY  The , Simsbury, CT , Worcester, MA*  , Rye, NY , Southborough, MA Northeast Community School Programs:  The , New York, NY The Governor’s Academy, Byfield, MA  Amherst A Better Chance, Amherst, MA Staten Island Academy, Staten Island, NY , Groton, MA  Andover A Better Chance, Andover, MA , New York, NY The Gunnery School, Washington, CT  Clinton A Better Chance, Clinton, NY , New York, NY , Hebron, ME  Darien A Better Chance, Darien, CT ME, CT, NH, MA, RI, VT Day Schools:  Hillside School, Marlborough, MA  Fayetteville-Manlius A Better Chance, Beaver Country Day School, Chestnut Hill, MA The , Lakeville, CT Manlius, NY  , Belmont, MA* , Kent, CT  Glastonbury A Better Chance, Academy, Boston, MA , Kents Hill, ME Glastonbury, CT

A Better Chance 2010 Annual Report | 3  All Boys School |  All Girls School | * 5-day Boarding School | Founding School | Over 35 Year History M e m b e R  s C h o o l s

Greylock A Better Chance, Williamstown, MA Episcopal High School, Alexandria, VA Indian Springs School, Indian Springs, AL  Guilford A Better Chance, Guilford, CT  Foxcroft School, Middleburg, VA  The McCallie School, Chattanooga, TN  Madison A Better Chance, Madison, CT  Garrison Forest School, Owings Mills, MD Saint Andrew’s School, Boca Raton, FL  Masconomet A Better Chance, Topsfield, MA George School, Newtown, PA  St. Mary’s School, Raleigh, NC  New Canaan A Better Chance, Girard College, Philadelphia, PA Salem Academy, Winston-Salem, NC New Canaan, CT , Pottstown, PA The Webb School, Bell Buckle, TN  Ridgefield A Better Chance, Ridgefield, CT The , Princeton, NJ Midwest Region (IA, IL, IN, KS, KY, NE,  Simsbury A Better Chance, Simsbury, CT , Saltsburg, PA MI, MN, MO, OH, OK, WI)  Wellesley A Better Chance, Wellesley, MA The , Lawrenceville, NJ  Westport A Better Chance, Westport, CT  The Madeira School, McLean, VA Day Schools: Wilton A Better Chance, Wilton, CT The Mercersburg Academy, Mercersburg, PA The Columbus Academy, Gahanna, OH  Winchester A Better Chance,  Oldfields School, Glencoe, MD  Columbus School for Girls, Columbus, OH Winchester, MA The , Hightstown, NJ Hathaway Brown School, Shaker Heights, OH , Pennington, PA Hawken School, Gates Mills, OH Mid-Atlantic Region Perkiomen School, Pennsburg, PA The Latin School of Chicago, Chicago, IL (DC, DE, MD, PA, VA, WV, Southern NJ) St. Andrew’s School, Middletown, DE Laurel School, Shaker Heights, OH Day Schools:  St. Margaret’s School, Tappahannock, VA The Miami Valley School, Dayton, OH Abington Friends, Jenkintown, PA  St. Timothy’s School, Stevenson, MD The North ,  The Agnes Irwin School, Rosemont, PA The Sandy Spring Friends School,  Winnetka, IL  Chestnut Hill Academy, Philadelphia, PA Sandy Spring, MD The Roeper School, Bloomfield Hills, MI Country Day School of the Sacred Heart, Virginia Episcopal School, Lynchburg, VA Boarding Schools: Bryn Mawr, PA Westtown School, Westtown, PA Elgin Academy, Elgin, IL Edmund Burke School, Washington, DC  Woodberry Forest School, Gilmour Academy, Gates Mills, OH Episcopal Academy, Merion, PA Woodberry Forest, VA Interlochen Arts Academy, Interlochen, MI The Field School, Washington, DC Community School Programs: Lake Forest Academy, Lake Forest, IL Friends’ Central School, Wynnewood, PA  Lower Merion A Better Chance, Ardmore, PA , Hudson, OH Friends Select School, Philadelphia, PA Radnor A Better Chance, Wayne, PA Germantown Friends School, Philadelphia, PA Community School Programs: Strath Haven A Better Chance,  Appleton A Better Chance, Appleton, WI  The Haverford School, Haverford, PA Swarthmore, PA The Holton-Arms School, Bethesda, MD Edina A Better Chance, Edina, MN  Lancaster Country Day School, Lancaster, PA Southeast Region Rochester A Better Chance, Rochester, MN The Landon School, Bethesda, MD (AL, AR, FL, GA, LA, MS, NC, SC, TN) Southwest Region The Maret School, Washington, DC Day Schools: (Southern CA, AZ, NV, NM, TX, UT, WY) Media-Providence Friends School, Media, PA  The Atlanta Girls’ School, Atlanta, GA Day Schools: Moorestown Friends School, Moorestown, NJ Atlanta International School, Atlanta, GA  The Archer School for Girls, Los Angeles, CA  National Cathedral School, Washington, DC The Ben Franklin Academy, Atlanta, GA Brentwood School, Los Angeles, CA The Philadelphia School, Philadelphia, PA Cannon School, Concord, NC The Buckley School, Sherman Oaks, CA The , Martinsville, NJ Charlotte Latin School, Charlotte, NC Campbell Hall, North Hollywood, CA The Potomac School, McLean, VA Charlotte Country Day School, Charlotte, NC Chadwick School, Palos Verdes Peninsula, CA , Princeton, NJ Durham Academy, Durham, NC Crossroads School for Arts and ,  St. Albans School, Washington, DC The Galloway School, Atlanta, GA Santa Monica, CA St. Andrew’s Episcopal School, Potomac, MD Heritage Preparatory School, Atlanta, GA Episcopal School of Dallas, Dallas, TX  St. Joseph’s Preparatory School, Holy Innocents’ Espiscopal School, Atlanta, GA Flintridge Preparatory School,  Philadelphia, PA King’s Ridge Christian School, Alpharetta, GA La Canada-Flintridge, CA St. Patrick’s Episcopal Day School, The Lovett School, Atlanta, GA Harvard-Westlake School,  Washington, DC Marist School, Atlanta, GA North Hollywood, CA St. Peter’s School, Philadelphia, PA Mount Paran Christian School, Kennesaw, GA Kinkaid School, Houston, TX Sanford School, Hockessin, DE Our Lady of Mercy High School, Fairburn, GA The Marlborough School, Los Angeles, CA , Sewickley, PA Pace Academy, Atlanta, GA Oakwood School, North Hollywood, CA , Pittsburg, PA The Paideia School, Atlanta, GA Pacific Hills School, West Hollywood, CA The Shipley School, Bryn Mawr, PA Porter-Gaud School, Charleston, SC Polytechnic School, Pasadena, CA Sidwell Friends School, Washington, DC Providence Day School, Charlotte, NC Rolling Hills Preparatory School,   Springside School, Philadelphia, PA Ravenscroft School, Raleigh, NC San Pedro, CA  Stuart Country Day School, Princeton, NJ St. Martin’s Episcopal School, Atlanta, GA Sage Hill School, Newport Coast, CA The Tatnall School, Wilmington, DE St. Pius X Catholic High School, Atlanta, GA St. Margaret’s Episcopal School,  Tower Hill School, Wilmington, DE , Decatur, GA San Juan Capistrano, CA United Friends School, Quakertown, PA The Walker School, Marietta, GA  St. Mark’s School of , Dallas, TX Washington International School, Wesleyan School, Norcross, GA Viewpoint School, Calabasas, CA Washington, DC The Westminster Schools, Atlanta, GA Vistamar School, El Segundo, CA William Penn Charter School, Philadelphia, PA Whitefield Academy, Mableton, GA The Waverly School, Pasadena, CA Wilmington Friends School, Wilmington, DE Woodward Academy, College Park, GA  Westridge School for Girls, Pasadena, CA Boarding Schools: Boarding Schools: Windward School, Los Angeles, CA  CFS-The School at Church Farm, Paoli, PA Asheville School, Asheville, NC Boarding Schools:  Chatham Hall, Chatham, VA Darlington School, Rome, GA , Carpinteria, CA

A Better Chance 2010 Annual Report | 4  All Boys School |  All Girls School | * 5-day Boarding School | Founding School | Over 35 Year History M e m b e R  s C h o o l s

Dunn School, Los Olivos, CA  Castilleja School, Palo Alto, CA Orinda Academy, Orinda, CA  The Hockaday School, Dallas, TX The College Preparatory School, Oakland, CA Prospect Sierra School, El Cerrito, CA Midland School, Los Olivos, CA Crystal Springs Uplands School, Saint Mark’s School, San Rafael, CA The Orme School, Mayer, AZ Hillsborough, CA The San Francisco School, San Francisco, CA The Thacher School, Ojai, CA Drew School, San Francisco, CA San Francisco University High School,  Verde Valley School, Sedona, AZ Eastside College Preparatory School, East San Francisco, CA Wasatch Academy, Mt. Pleasant, UT Palo Alto, CA  Stuart Hall High School, San Francisco, CA The Webb Schools, Claremont, CA The Head Royce School, Oakland, CA The Urban School of San Francisco,  Northwest Region (Northern CA, CO, International High School, San Francisco, CA San Francisco, CA ID, MT, ND, NE, OR, SD, WA)  Julia Morgan School for Girls, Oakland, CA Windrush School, El Cerrito, CA Day Schools: Lick-Wilmerding High School,  Boarding Schools: The Athenian School, Danville, CA San Francisco, CA The Colorado Rocky Mountain School, The Bay School, San Francisco, CA Live Oak School, San Francisco, CA Carbondale, CO The Bentley School, LaFayette, CA Marin Academy, San Rafael, CA  San Domenico School, San Anselmo, CA The Marin School, Sausalito, CA The Berkeley School, Berkeley, CA  Santa Catalina School, Monterey, CA Black Pine Circle, Berkeley, CA Menlo School, Atherton, CA The Branson School, Ross, CA The Nueva School, Hillsborough, CA All unmarked schools are co-educational institutions.

A Better Chance Alumnus Gregory T. Robinson Chair, National Advisory Council | Member, National Board of Directors | DreamBuilder Choate Rosemary Hall, 1997

Gregory T. Robinson works in Sales and Trading at UBS. In addition to his work, he dedicates his time to supporting nonprofits, including serving as the Chair of A Better Chance’s National Advisory Council (NAC), member of the National Board of Directors at A Better Chance, and member of Cornell University Council. After graduating from Cornell University, he worked for seven years in Finance at Morgan Stanley, focusing on municipal banking and residential mortgage principal finance. In May 2010, he graduated from Columbia Business School with a Masters in Business Administration. He attributes the vast majority of his success to A Better Chance: “I have always believed that anything was possible. However, A Better Chance provided me with a road map to achieve early success. Throughout high school, A Better Chance’s programs gave me numerous opportunities, from traveling to Spain to being interviewed by the late Ed Bradley. Now, it’s my turn to give back and support the organization, so that other kids from the Bronx can dream big and have the tools to realize those dreams.”

A Better Chance Alumna Victoria Allison Fayetteville-Manlius High School, 2006

After graduating from high school, Victoria Allison attended Wellesley College and is now pursuing a Masters of in Education at University of Pennsylvania. She would like to become a teacher and hopes to one day instill a love for learning in her students. When asked about her experience with A Better Chance, Victoria stated: “I attribute a lot of my success to the A Better Chance program, to Fayetteville-Manlius High School… and of course to my parents and teachers for believing in me. Without an organization like A Better Chance I would not have known about the educational opportunities that exist for students. My sister is currently attending an A Better Chance community boarding school, and my other sister is in the application process. My entire family believes in A Better Chance because you have believed in us. Thank you!”

A Better Chance 2010 Annual Report | 5 S t a t e m e n t o f A c t i v i t i e s

Fiscal Year 2010 — Ending August 31, 2010

Temporarily Permanently Unrestricted Restricted Restricted Total 2010

Public Support and Revenue Special events revenue $ 917,765 $ - $ - 917,765 Less: costs of direct benefits to donors (63,446) - - (63,446) Net revenues from special events 854,319 854,319 Contributions and grants 1,213,457 193,518 - 1,406,975 Contributions in-kind 107,636 - - 107,636 School membership dues 140,625 - - 140,625 Registration fees and other 116,544 - - 116,544 Investment activity 359,084 202,466 - 561,550 Change in value of beneficial interest in perpetual trust - - 5,331 5,331 Net assets released from restrictions 398,047 (398,047) - - Other transfers - - - -

Total Public Support and Revenue 3,189,712 (2,063) 5,331 3,192,980

Expenses Program services 2,061,636 - - 2,061,636 Management and general 305,232 - - 305,232 Fundraising 723,784 - - 723,784

Total Expenses 3,090,652 - - 3,090,652

Change in Net Assets 99,060 (2,063) 5,331 102,328

Net assets - beginning of year (1,975,727) 477,246 12,005,109 10,506,628

Net Assets - End of Year (1,876,667) 475,183 12,010,440 10,608,956

These are audited financial statements for fiscal year 2010 prepared by Marks, Paneth, & Shron, LLP. For complete reports, please contact A Better Chance at (646) 346-1310 or visit us at www.abetterchance.org.

Breakdown of Expenses Source of Contributions Total Expenses: $3,090,652 Total Contributions: $2,324,740

67% Program Services 42% Individuals  $2,061,636  $987,265 23% Fundraising 40% Events  $723,784  $917,765 10% Finances & Administrative 18% Institutional  $305,232  $419,710

A Better Chance 2010 Annual Report | 6 DreamBuilder |  Institutional Funder |  National Partners |  2010 A Better Chance Awards Luncheon s U p p o r t e r s

Supporters of A Better Chance

A Better Chance’s work would not be possible without the generous support of its donors and partners, and in fiscal year 2010, Alumni and friends of the organization had the opportunity to make their contributions in multiple ways. Individuals either joined or renewed their DreamBuilder membership by pledging to donate at least $1,200 a year. Launched in 2008, the DreamBuilder Program is A Better Chance’s major donor giving society. Those who have joined are part of an esteemed group who recognize the organization’s tremendous legacy and impact, and share our enduring commitment to helping talented youth of color. A Better Chance also appreciates its many Institutional Funders that have shown their support in the form of grants to help fund our signature College Preparatory Schools Program. Institutions have the opportunity to participate in our National Partnership program, which enables companies to sponsor The A Better Chance Awards Luncheon—our single biggest event of the year—and provide year-round funding of our programmatic activities. The 2010 A Better Chance Awards Luncheon took place on May 13, and the organization recognized leaders who have demonstrated a serious commitment to supporting education. Five hundred supporters, Alumni and Scholars saluted the 2010 A Better Chance graduates. We also honored Clarence Otis, Chairman and CEO of Darden Restaurants and Dr. Amy Gutmann, President of University of Pennsylvania. We thank the following donors and partners for helping to invest in our Scholars. Working together, we can make the future that much brighter for every one of them.

$100,000+  Debevoise & Plimpton LLP  Sills Cummis & Gross P.C.  May and Stanley Smith Charitable Trust   Dodge & Cox  Skadden, Arps, Slate, Meagher & Flom LLP  Morgan Stanley Foundation  Eastdil Secured LLC  Tishman Speyer Properties, Inc.  Clarence Otis  Ernst & Young LLP   Verizon Foundation $50,000 - $99,999  Barbara and Peter Georgescu  Roxanne and Kurt Van Wagenen  Darden Restaurants, Inc.  GenNx360 Capital Partners, LLC  Warburg Pincus LLC  Google Inc.  Goldman Sachs Gives  The Williams Capital Group, L.P. Lily Goodman  Patricia Miller Zollar and Al Zollar $25,000 - $49,999  Carla A. Harris  AT&T Foundation $5,000 - $9,999 Hellman Family Foundation  Laurie and Peter Allan Atkins  Beacon Capital Partners, LLC Catherine Bridgeman  Innisfree M & A Incorporated Joan and James Berkowitz Fund Tracy Chapman *  A. Richard Janiak  J. Murry Bowden  John P. Costas  JPI  Crane Fund for Widows and Children    Deloitte LLP  Kennedy Wilson, Inc.  Credit Suisse  GE Capital Real Estate Michael W. Kidd *  Dan Klores Communications, Inc.  Goldman Sachs Group, Inc.  Lazard LTD  Digitas Inc.  Tracey G. and Phillip J. Riese Cheryline R. Lewis *  The Donald J. Trump Foundation  S.D. Bechtel, Jr. Foundation William M. Lewis, Jr. * and Carol Sutton Lewis Gregory T. Durant  Educational Records Bureau: ISEE $10,000 - $24,999 Marla Lowe   GMH Associates, Inc.  Affordable Equity Partners, Inc. MacKenzie Partners, Inc.  Mr. and Mrs. Gregg A. Gonsalves  American Express Company  The John F. Maher Family Foundation Dr. Charles Grannum, D.M.D. *  American Express Foundation  Timothy C. McChristian * and Deborah Steer  GroupM   Morgan Stanley Angelo, Gordon & Co., L.P.  Jennifer and Bud Gruenberg   Motorola Foundation Fred C. and Katherine B. Andersen Foundation  Hewlett-Packard  Louise M. Parent Bloomberg L.P.  The Jockey Hollow Foundation   Boies, Schiller & Flexner LLP Piper Jaffray  Joele Frank, Wilkinson Brimmer Katcher   Brunswick Group LLC Ronald R. and Mary H. Pressman  Johnson & Johnson Consumer Companies Richard Cashin  Pricewaterhouse Coopers LLP  Joseph Pedott Perpetual Endowment Trust  Chilton Investment Co., LLC  Promontory Financial Group, Inc.  Kekst and Company Incorporated  Cleary Gottlieb Steen & Hamilton LLP  Ronald McDonald House Charities of  Steven M. Lefkowitz   The Coca-Cola Company the NYTSA Lewis-Bakker Charitable Lead Annuity Trust

A Better Chance 2010 Annual Report | 7 DreamBuilder |  Institutional Funder |  National Partners |  2010 A Better Chance Awards Luncheon s U p p o r t e r s

 Lightriver Technologies, Inc. Mark Carson We would like to thank the following  Lightyear Capital Kerry D. Chandler sponsors for providing in-kind support Robert and Teresa Lindsay Family Foundation Harrison Chang * to A Better Chance during the year: Mario Family Foundation Mary M. Chang Lance Aldridge  MetLife Keefe B. Clemons Joseph Assad  The Nielsen Company Eric Cochran Mark Barak  Novartis Pharmaceuticals Corp. Bertha Coombs * Khary P. Barnes *  Oak Hill Capital Management, Inc. Aeon Cummings Randy Bernstein A. Louis Parker * Keenan B. Davis * Peter Bevacqua The P.T.M. Charitable Foundation Alan Davis Dave Bialek Dr. Keith W. Reeves * Diane Dean Buro Happold Consulting Engineers P.C. Lawrence J. Richardson * Catherine Duffy The  RLJ Development, LLC Kenneth Epps Blake Cordish Steven S. and Michele Y. Rogers * Louanne Forbes-Elcock Country Day School of the Sacred Heart Stephen I. Sadove Susan Foulds Robert Cramer  Saks, Inc. Michael Fricklas Keenan B. Davis *  Alan D. Schwartz Eric Furda Daniel Donnelly  Ervin R. Shames Allison Gloudon Drexel University  Sony Corporation of America Charlynn and Warren H. Goins – Jason Eckert  James B. Stynes Goins Family Fund Peter Farnsworth  University of Pennsylvania Lisa Grant Kelly Flatow  Wilson Sonsini Goodrich & Rosati Foundation Valisha Graves * William Funk Jai Jai Greenfield $2,500 - $4,999 Norb Gambuzza Jawanza Gross * * Ron Garber Gregory Austin Richard Grossman  Adam Geisler The Ben E. Factors Foundation Peter Jones Rodolphus Bethea * and Barney Hart Jillian E. Joseph * Gary Jacobus Aliyah Bokhari Bethea The Bruce Kasanoff and Kathryn Jonas Eileen Brumback Jillian E. Joseph * Kasanoff Fund Matthew Kahn Kathleen and Charles E. Carey Ann P. Kern * Andrew Kandel Malik Shabbazz Ducard and Henry W. Lavine Althea Allison Beaton Ducard Adam Kanner Virginia Lazala * Cliff Kaplan Nick Duffy Christen E. Lee and Nyssa Fajardo Kelleesa A. Ewing * Christopher Kelsch Christopher Leggett *  Andre Francois * Kevin Klipstein Ricardo Lisojo * Jonnie and Roger Greene Gregory Luckman Duane * and Alicia Malone Mr. Christopher and Dr. Lezli Harvell Andrew Lustgarten Sheila Marmon * Morrison & Foerster LLP Antoine G. Hatoun and Andrea G. Levitt Damien Marshall * Frank Nakano Derek C. Johnston John McNicholas  Michael Principe The Mindshare Foundation The Mufson Family Foundation Prospect Sierra School Anne Peretz Trey M. Muldrow III Adrian Perry * Daniel Reed Gwendolyn Munn * Redwood Day School Mr. and Mrs. Willis J. Price James Ollivierre Tracey G. Riese John and Mary Raitt Sunil M. Oommen * Gregory T. Robinson * Mr. and Mrs. Gregory T. Robinson Marvin Peguese * Ropes & Gray LLP Celia Santana Feinberg Jacqueline Pelzer  David R. Smith * Sidwell Friends School Mark A. Prince, Jr. * Steven Thorne – The Agape Foundation Tom Sipple Edward Ramos * Skadden, Arps, Slate, Meagher & Flom LLP Sandra E. Timmons Raymond Ransom * Russ Spielman Darryl Turner Nigel Richards * Jesse J. Spikes, Esq. * Alfred Winkler, MD * Jon C. Ruiz Swathmore College Deirdre Segerson $1,200 - $2,499 Kerry Tatlock Daria and Bruce Shelton * Laura Agostini Mark Tatum Augustin Simeon * Stuart Alperin University of Southern California Keisha Smith Antar Al-Qawwee * Keith Wachtel Charles Steinhauer Luis Amador Young & Rubicam Inc. Chantal N. Stevens Linda Ashfield  Khary P. Barnes * Dianne Stone *A Better Chance Alumni Bernard B. Beal * Samuel Washington * This list was culled from records dating from  Jeannine Bell * Lola West September 1, 2009 – August 31, 2010. Bruce Breimer Herbert S. Winokur, Jr. – Tiffani R. Brown * The Dapa Foundation Alec Burger Yee Yip * F. D. Young *

A Better Chance 2010 Annual Report | 8 T h e  n A t i o n A L  B o ar d o f  d i r e c t o r s

The National Board of Directors Officers

Chair Vice-Chair Vice-Chair Ronald R. Pressman Timothy C. McChristian * Louise M. Parent Vice President, STG Global Executive Vice President & General Counsel Sales & Transformation American Express Company IBM

Members

Peter Allan Atkins A. Richard Janiak Stephen I. Sadove Partner Managing Director Chairman & CEO Skadden, Arps, Slate, Meagher & Flom, LLP Citigroup Saks, Inc. Bruce Breimer Henry W. Lavine Sandra E. Timmons Principal Emeritus Senior Counsel President Collegiate School Squire, Sanders & Dempsey, LLP A Better Chance John P. Costas A. Louis Parker * Kurt Van Wagenen Chairman Consultant President & CEO The PrinceRidge Group LLC Fiber Tower Corp. Tracey G. Riese Gregory T. Durant President Patricia Miller Zollar Vice Chairman & TG Riese & Associates, Ltd. Managing Director Regional Managing Partner Neuberger Berman Gregory T. Robinson * Northeast Associate Oprah Winfrey Deloitte & Touche, LLP UBS National Spokesperson Gregg A. Gonsalves Steven S. Rogers * Managing Director Clinical Professor of Management and Finance, *A Better Chance Alumni Goldman Sachs & Co. Kellogg Graduate School of Management Carla A. Harris Northwestern University Managing Director Morgan Stanley

A Better Chance Scholar Rebecca Tickaram Nightingale-Bamford School, 2011

A senior at Nightingale-Bamford School, Rebecca Tickaram has had the opportunity to try out new experiences that she would not have been able to at her old school. Exploring her interest in biological sciences, she spoke to members of the faculty who had set her up with an internship with a psychiatrist. Rebecca later learned that many of her responsibilities were duties that would have normally been assigned to someone who had significantly more education. She said, “A Better Chance has opened so many doors for me. From navigating the complex world of college admissions to attending career development workshops organized by Morgan Stanley, I am a better person because of the program. I am proud to say that we are a group of students who want the best and are ready to take on every challenge that comes our way. The people I have met, the families that I have become a part of, and the countless lessons that I have learned will remain a part of me forever as I get ready for my next journey – college.”

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The National Advisory Council

Gregory T. Robinson * Jawanza Gross * Adrian Perry * Chair Morgan Stanley Loomis Chaffee, 1993 UBS Deerfield Academy, 1990 Mark A. Prince Jr. * Choate Rosemary Hall, 1997 Keith Harvey * Professional Partnering Solutions, Inc. Antar Al-Qawwee * AIG Webb School of California, 1986 Bank of America Merrill Lynch Radnor A Better Chance, 1997 Bruce Shelton * Athenian School, 1996 Derek C. Johnston * VMware, Inc. Khary P. Barnes * Sutherland Seminary, 1994 American Express Company Pomfret School, 1985 Daria Shelton, Second Mile A Better Chance, 1998 Jillian E. Joseph * Vice Chair for Events Rodolphus Bethea * GE Capital Real Estate NBC Universal Vice Chair for Membership Berkshire School, 1997 Rochelle Sinclair * Goldman Sachs Rashida La Lande PricewaterhouseCoopers St. George’s School, 1987 Gibson, Dunn and Crutcher, LLP Westover School, 1999 Tiffani R. Brown * Eric Logan * David R. Smith * Manatt, Phelps & Phillips, LLP Precision Castparts Corporation Forest City Enterprises Northfield Mount Hermon School, 1996 Phillips Exeter Academy, 1992 , 1980 Dawn Comer Rhonda C. Lyle Alfred Winkler, MD * IBM Global Business Services Defense Information Systems Agency (DISA) Department of Urology at  Keenan B. Davis * Queens Health Network Sheila Marmon * Lower Merion A Better Chance, 1994 UrbanAdserve Groton School, 1985 Cate School, 1990 *A Better Chance Alumni

A Better Chance Alumnus Khary P. Barnes Member, National Advisory Council | DreamBuilder Second Mile A Better Chance, 1998

As an A Better Chance Alumnus, former Thomas J. Mosser Fellow and current National Advisory Council Member, Khary P. Barnes has been involved with A Better Chance since he was a teenager. He graduated from the School of Industrial and Labor Relations at Cornell University, where his experiences led him to positions with the Senate and Lehman Brothers. Khary eventually returned to school and earned his Master’s in Business Administration from Harvard Business School. He currently works as a Manager of Mergers & Acquisitions and Business Development for the American Express Company. In addition to his professional life, Khary remains committed to his community and his philosophy of public service, actively serving his alma maters, national organizations and local church. Living by the motto “To whom much is given, much is expected,” Khary believes that “A Better Chance has been a life altering experience and one that [he] will continue to pay forward.”

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The National Staff

Linda Ashfield Eleanor Grier Martina Previl * Director of Finance & Administration Program Associate, Northwest Region Program Associate, Southeast Region Claudia Bayuelo Susan Kahn Ivonne A. Simms Executive Assistant & Office Manager Database Analyst Program Manager for the Southeast Region Adrienne Berry LaToya Laury * Chantal N. Stevens Program Associate, Northeast Region Program Associate, Northeast Region National Director, College Preparatory Schools Program Anny Chen Richard Martin * Development & Marketing Associate Coordinator for Admissions Operations Sandra E. Timmons President Maritsa Cholmondeley Faran Nadir Individual Giving & Alumni Relations Manager Finance & Database Manager Isabella Trauttmansdorff Senior Program Manager for the Christopher Dennis Prasant Nukalapati NE & NY Metro Region Program Manager for the Southwest Region Program Manager for the Northwest Region Keith Wilkerson Kamilah DePass Ellen Ogwaro Senior Program Manager for the Development & Marketing Intern Program Assistant for Administration Mid-Atlantic Region Jonathan Gibson * Sunil Oommen Community Schools Program Manager Director of Development *A Better Chance Alumni

Winner of the 2010 Nancy J. Lucas Memorial Award Marie-Fatima Hyacinthe Hewitt School, 2010

Marie-Fatima Hyacinthe enrolled in Hewitt School as an eighth grader in 2005 and has since been dedicated to improving herself academically and giving back to the community. In , she and her friends started ACTION—the school’s social awareness club. A year later, she was awarded the prestigious Princeton Prize in Race Relations for her work with ACTION, as well as the Lisa Bilotti award for community service. Marie-Fatima also joined the Hewitt School’s philanthropy board, all the while maintaining a 3.7 GPA. Her hard work paid off. In her senior year, Marie-Fatima was thrilled to find out that she had been accepted by most of the Ivy League schools in the country, including Harvard, Yale, Brown, University of Pennsylvania, and Johns Hopkins. She chose Harvard where she is currently a freshman.

A Better Chance Alumnus Tyrone Hinderson Brentwood School, 2010

Tyrone Hinderson was recognized by Young Black Scholars (YBS) for having the highest SAT score in 2009, and in 2008 for having the highest PSAT Score and an exemplary GPA. Tyrone also received Summa and Magna Cum Laude honors for his performances on the National Latin Exam. In 2007, Tyrone joined the Black Data Processing Associates and earned a place on the five person team that represents Los Angeles in the National High School Computer Competition every year. Besides his academic achievements, Tyrone also served as captain of both his Varsity Track and Varsity teams, and dedicated his time to community service. In 2007, he spent two weeks working as a missionary in South Africa, and in 2009 he performed lymphoma cell pathology research at UCLA. Tyrone is now attending .

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