2006 Annual Report

The Difference For Them Starts With You Table Of Contents

3 Leadership Message

A Difference With Distinction 4 About JANY 6 Year in Review

Creating a World of Difference 8 Program and Special Events Highlights

Vive La Difference! 10 JANY in the Schools 14 School/Corporate Partnerships 17 High School Heroes 20 JANY in the Community

22 Financial Statements

The Support Difference 24 Business Investors 26 Individual Investors 27 Bowl-A-Thons 28 Gifts-in-Kind

An Unforgetable Difference 30 Tribute to Frank T. Cary, JANY Chairman, 1980-1993 (Deceased) 31 Tribute to Neyda Martinez, JANY Educator/Coordinator and 2004-2005 Educator of the Year Honoree (Deceased)

32 Board Member List

34 Staff Member List

2 Phillip Lynch, Chairman Douglas E. Schallau, President Leadership Message

Dear Friends and Supporters,

On behalf of the nearly 92,000 New York and Long Island students who participated in JA programs during the 2005-2006 academic and fiscal year, we thank you – the Junior Achievement of New York (JANY) Board members, our volunteers, educational and community partners and our financial contributors for your support of our mission to inspire and prepare young people to succeed in a global economy.

Your commitment to partner with JANY has made a significant difference in countless lives and communities across New York City and Long Island. In this year’s annual report, we highlight you –“the difference makers”– and the collective outcomes of your passionate work and support of the Junior Achievement mission. You have inspired young people to dream bigger dreams - to dare to imagine, explore and plan for a better future. For our young people, the difference for them starts with you.

During the past academic and fiscal year, the difference began with the Annual Leadership Awards Gala which, with your support, reached new heights by raising more than $700,000 – the most money raised to date by JANY’s annual fundraising and recognition event. It is fitting that David Shedlarz was honored at the gala as “Business Leader of the Year.” It was under David’s tenure, as Chairman of the JANY Board, that a commitment was made to host an annual Leadership Awards Gala. It will remain part of his legacy to the students, business leaders and educators of New York City and Long Island.

The difference continued with the extension of our international partnerships with JA Japan and JA Jordan (INJAZ). JANY was proud to host JA Japan students on Groundhog Job Shadow Day. We facilitated high profile shadow experiences for our student visitors and introductions to New York City high school JA students. In May, 2006, we were honored to facilitate and co-host Queen Rania of Jordan’s visit to Norman Thomas High School in New York City. It was a memorable and educational experience for the Norman Thomas students and it strengthened and promoted relations between US and Middle Eastern youth as well as JANY relationships with the Department of Education and our school partners. Collectively, these relationships contributed to a more than 200% increase in media coverage and awareness over the course of the year.

In addition, we extended the Young Women’s Leadership Conference from a single pilot program event (2004-2005) into a second year series of six corporate sponsored conferences attended by more than 300 young women from New York City and Long Island high schools.

Midway through the year, we were saddened by the passing, in January 2006, of Frank T. Cary, retired Chairman and CEO of IBM. Mr. Cary chaired the JANY Board from 1980 to 1993. He was the original JANY difference maker whose impact was significant.

We close by thanking you again for your support and we ask you to strengthen and renew your commitment to continue making a difference that matters – giving your support to the preparation of our young people for a successful and productive future.

Phillip Lynch, Chairman Douglas E. Schallau, President Junior Achievement of New York, Inc. Junior Achievement of New York, Inc Venture Partner, Fidelity Ventures 3 A Difference with Distinction About JANY

PROGRAM IMPACT: • New York City & Long Island • 31 paid professional staff • 91,700 students • 3,700 teachers • 3,800 classes • $4.5 million annual revenue • 4,100 volunteer classroom instructors

ABOUT JUNIOR ACHIEVEMENT OF NEW YORK INC: Founded in 1929, Junior Achievement of New York Inc. (JANY) is the New York affiliate of Junior Achievement Worldwide (founded in 1919 in Springfield, MA), the world’s largest and fastest growing organization dedicated to educating young people about financial literacy, entrepreneurship, business, economics, career development and free enterprise. Last academic year, JANY’s in-school and after-school programs serving students K-12, reached nearly 92,000 students in the NYC and Long Island geographic area. Today, 145 JA local area offices serve 4 million students annually in the United States and another 3 million in 97 countries worldwide. OUR MISSION: To inspire and prepare young people to succeed in a global economy. OUR CORE ORGANIZATIONAL VALUES: • Belief in the boundless potential of young people • Commitment to the principles of market-based economics and entrepreneurship • Passion for what we do and honesty, integrity and excellence in how we do it • Respect for the talent, creativity, perspectives and backgrounds of all individuals • Conviction in the educational and motivational impact of relevant hands-on learning KEY PROGRAMS: Programs with age-appropriate curricula are designed to teach elementary students about their roles as individuals, workers, and consumers. Middle and high school students are prepared for economic and workforce issues through role playing, computer-based simulations, board games, and classroom discussions. Students learn job-hunting skills, budgeting techniques, interpersonal relations, the importance of staying in school and personal and financial management skills. ABOUT THE VOLUNTEERS: JANY’s classroom volunteers are as diverse as the students they serve, yet they all share the same desire to contribute to the communities in which they live and work. Teaming with the classroom teachers, they spend from 5-12 classroom contact hours with the class they have been assigned, inspiring students by sharing their knowledge and experience.

4 JANY Distribution of JANY Distribution of Programs School-Based Programs by by School Market Segment NYC & Long Island Locations Sources of Funding

25.5% 13% 25.5% 14.7% 28% 51% 18.7%

14.6% 45% 21.9% 8% 15.9% 6% 8.3% 4%

Elementary Manhattan Corporations K-8 Brooklyn Individuals Middle School Bronx Foundations High School Queens Special Events Staten Island Other Long Island

PROVEN SUCCESS: A 2001 study on JA’s new enhanced program experience by Western Institute of Research and Evaluation found that supervisors of companies where former JA students were employed indicated that the former JA students were competent in the following areas as opposed to students with no JA experience: *Showing Initiative; *Being Dependable; *Showing Effort; *Working Independently; *Possessing Self-Confidence; *Acting in a Professional Manner; *Appearing Professional; *Possessing Knowledge of Job Duties. BUDGET: JANY’s 2005-06 budget was $4.5 million generated from corporate contributions, special events revenue, individual gifts and foundation grants. Contributions to JANY, a 501(c) 3 not-for-profit organization, are tax deductible to the full extent allowable by law.

5 Year In Review

ATTRACTING DEDICATED AND COMMITTED BUSINESS LEADERS: Each year, the dedication and commitment made by our 57 member voluntary Board of Directors to serve the youth of New York City and Long Island, help to distinguish the work and service of JANY from similar organizations. JANY’s immediate past Board Chairman, David Shedlarz, was selected from more than 200,000 volunteers worldwide to win JA Worldwide’s highest award for volunteerism, the Gold Leadership Award. Mr. Shedlarz was honored in April at the U.S. Business Hall of Fame for his outstanding contributions to free enterprise for a better, stronger society... During the 2005-2006 fiscal year, JANY was pleased to welcome 12 new members to our Board of Directors, including representation from 7 new board companies, all of whom are committed to support the JANY mission to inspire and prepare young people to succeed in a global economy… Deutsch Inc., one of JANY’s Board companies, was instrumental in the creation of a volunteer activation/campaign toolkit to support the ongoing volunteer recruitment efforts of our board company coordinators. Digitas, New York, another JANY Board company, began the process of redesigning JANY’s website, which will launch in Fall 2006. The students of New York City and Long Island are grateful for the commitment, support and dedication received from our corporate Board partners. INSPIRING PASSION FOR THE MISSION: A royal visit: In May, 2006, Junior Achievement of New York had the honor of co-hosting a visit by Queen Rania of Jordan to Norman Thomas High School, one of our educational partners. Queen Rania delivered a message from JA Jordan (INJAZ) students to JA USA students, promoting peace and global interdependence. The visit had a positive impact on the Norman Thomas High School community; it exposed the students to dialogue with their JA Worldwide community peers regarding global socio-economic concerns and the value of cross-cultural communication. It was also instrumental in opening pathways for on-going collaboration with the NYC Department of Education.

EXTENDING THE REACH AND IMPACT OF ECONOMIC EMPOWERMENT: Hispanic Initiative: JANY was pleased to be chosen as one of four national pilot sites for the launch of the JA Hispanic Initiative, made possible by a generous three-year grant from the Goizueta Foundation and support from the Verizon Foundation. The grant will enable JANY to increase its reach to first generation Hispanic students in New York City and Long Island with its workforce readiness, personal financial literacy and economics-based programming. Creating a World of Difference Program & Special Events Highlights

BELIEF IN THE BOUNDLESS COMMITMENT TO THE JA Dollars and $ense™ is the first POTENTIAL OF YOUNG PEOPLE PRINCIPLES OF MARKET-BASED elementary school program designed With the support of our local sponsor, ECONOMICS AND specifically for use in after-school settings. Best Buy Children’s Foundation, over ENTREPRENEURSHIP The program consists of six personal 1,600 New York City and Long Island JA TITAN™ program: In Fall 2005, finance and business skills lessons and students participated in Junior a team of four high school students focuses on students in grades three through Achievement of New York’s year-round from the McBurney YMCA Future Works five. In its first year, over 2,800 NYC and Long Island students received this JOB SHADOW program. Job Shadow is a after-school program placed 7th nationwide innovative program at more than 50 sites. valuable experiential program that bridges out of 32 teams in the qualifying event for the school-to-work experience for young the championship JA Titan™ competition. JA Titan is a high tech business simulation JA Economics for Success™ explores people. Students spend a day “shadowing” personal finance and students’ education and interacting with business professionals conducted on the web, pitting competing students’ savvy business leadership skills and career options based on their skills, in the work environment, learning about interests, and values. The program consists what it takes to be successful in the against each other in a competition to lead the most successful Holo-Generator of a series of six activities recommended workplace. The Job Shadow program helps for students in grades six, seven, and eight. students make the valuable connection business enterprise. A national competition brings students together ‘virtually’ twice During the 2005-2006 school year, more between success in school and success in than 3,800 students received this program their future careers…The 2006 annually to put into practice the business and economic skills learned through the in 179 classes. All JA programs are designed GROUNDHOG JOB SHADOW DAY to support the skills and competencies kick-off event engaged more than 650 rigorous Junior Achievement curriculum. JA Titan™ challenges student participants identified by the Partnership for 21st NYC & Long Island students in a range of to think strategically about a company’s Century Skills… high profile workplace experiences with goals and to react to the dynamic local TV network and cable affiliates, PASSION FOR WHAT WE DO changes of a technology-driven global publishing houses, radio stations, local AND HONESTY, INTEGRITY AND marketplace… government offices and Best Buy stores EXCELLENCE IN HOW WE DO IT throughout the NYC boroughs and Long Junior Achievement of New York was The JANY HIGH SCHOOL HEROES Island. Groundhog Job Shadow Day chosen as the only U.S. pilot site for the program is a student leadership develop- media coverage generated 38 media launch of JA BANKS IN ACTION™. ment initiative where high school students placements and more than 3.5 million JA Banks In Action ™ (BIA), supported volunteer to deliver the Junior Achievement impressions, helping to raise positive by Citigroup Foundation, was piloted in curriculum to elementary students in their awareness of JANY’s workforce readiness 3 ninth-grade classes at The Academy of communities. The program is designed to programs… JANY SUMMER Finance and Enterprise High School in foster a sense of civic responsibility and PROGRAMMING broke new ground Long Island City, Queens. JA BIA is the leadership in student participants. High during the summer of 2006, reaching over newest high school curriculum designed to School Heroes also provides a positive 11,000 students, a JANY record. Fourteen teach students key concepts about how connection between high school students community organizations and summer banks operate. Volunteers also work toward and elementary students. It allows outer camps throughout NYC participated in giving their young audience a working borough and Long Island elementary JANY summer programs in partnership knowledge of banking products and classes access to JANY programs and to with the New York City Summer Youth services, interest rates, and careers in high school role models from their commu- Employment Program (SYEP). Students banking. JANY also rolled out two nities. High School student participants in were taught workforce readiness skills, exciting JA programs during the 2005-06 the program exemplify the importance of financial literacy and were able to explore school year, JA DOLLARS AND $ENSE™ staying in school and contributing positive- various career options. and JA ECONOMICS FOR SUCCESS™. ly to the growth of their communities… 8 CONVICTION IN THE participated in the 2005-2006 Young BELIEF IN THE POWER OF EDUCATIONAL AND Women’s Leadership Conferences, at PARTNERSHIP AND MOTIVATIONAL IMPACT OF companies which included MetLife, COLLABORATION RELEVANT HANDS-ON LEARNING Accenture, KeySpan, HSBC, FedEx, With your support, JANY’s fundraising In May, 2006 over 500 students Cadwalader, Wickersham & Taft and efforts during the 2005-2006 fiscal year participated in JANY’s annual S.M.A.R.T. Reuters America… began with an auspicious start; the EXPO held in Madison Square Garden. ANNUAL LEADERSHIP AWARDS S.M.A.R.T. Expo is an experiential, During the 2005-2006 school year, with GALA sponsored by Pfizer Inc, raised hands-on learning exhibition that encour- the generous support of a MetLife $680,000. Thanks to the ongoing generosity ages and motivates students’ practice and Foundation grant, the JANY STUDENT of our corporate and professional supporters, understanding of science, math, art, AMBASSADOR PROGRAM was even JANY BOWL-A-THONS raised over $1.5 reading, and technology concepts and jobs better and brought more valuable million during the 2005-2006 fiscal year to connected to these disciplines. S.M.A.R.T. experiences to participants than in help JANY inspire and prepare young helps students to understand why they previous years. people to succeed in a global economy. study these subjects by showing them how Student Ambassadors are a prestigious Collectively, AIM FOR SUCCESS, present- knowledge in these areas is essential to the group of high school students who ed by JetBlue Airways, the summer 2006 quality and success of their futures. This demonstrate leadership, a desire to succeed, GOLF CLASSIC presented by Accenture year, WABC-TV “Tech Guru,” Sree involvement in their communities and an and Pfizer Inc and sponsored by Bovis Lend Sreenivasan gave the opening address. intrinsic interest in business and finance. Lease LMB, Inc. and Pricewaterhouse Sponsors included Con Edison, Sagarika Student Ambassador candidates are Coopers LLP, and the LONG ISLAND Foundation and Commerce Bank. Booth nominated by their teachers or by current GOLF TOURNAMENT, presented by hosts included Accenture, AT&T Pioneers, Student Ambassadors. The JANY Student JPMorgan Chase and KeySpan, raised Commerce Bank, Disney Publishing Ambassador program is designed to put $382,000. We were thrilled with the success Worldwide, School of Visual Arts, The motivated young students on the fast track of our pilot fundraising event, the STOCK City University of New York (The Dr. to a successful future. MARKET CHALLENGE, which debuted Charlotte K. Frank Center for Mathematics in the spring of 2006. Presented by Merrill Education), Pfizer Inc and MetLife… Students Ambassadors participated in a Lynch and hosted by Pfizer Inc, the Stock range of leadership and career building Market Challenge was part educational RESPECT FOR THE TALENTS, activities such as public speaking seminars, experience (The Student Stock Market CREATIVITY, PERSPECTIVES media opportunities, career and college Challenge Competition, presented by AND BACKGROUNDS OF ALL counseling, cultural activities and Job Best Buy Children’s Foundation) and part INDIVIDUALS Shadow experiences. They also attended corporate fundraising event. Our supporters YOUNG WOMEN’S LEADERSHIP and spoke at JANY functions including the helped JANY raise $55,000 to enable us to CONFERENCES (YWLC) offer female Annual Leadership Awards Gala, Bowl-A- continue delivering quality business and Junior Achievement high school students, Thons, Board meetings, Celebration and financial education programs and experi- in NYC and Long Island, opportunities to other fundraising events... STUDENT ences to NYC and Long Island students. network with and learn from female AMBASSADOR OF THE YEAR High School students from John Dewey business leaders. This program provides HONOREE, Lisa Kong, served as a High School, Brooklyn, took home the young women with strong role models Student Ambassador and as a High School winning trophies for the 2006 Student and guidance for the future. Students Hero student as part of her Junior Stock Market Challenge competition. It was participate in professional/personal Achievement experience. She was honored an extremely high energy event and was development workshops led by business at the 2005 Leadership Awards Gala for her enjoyed by both student competitors and mentors to help them build successful exemplary leadership skills and for living corporate fundraiser participants. futures and career choices. More than 250 JANY’s values of integrity, respect NYC and Long Island high school students and excellence… 9 Vive La Difference! JANY in the Schools

MANHATTAN PS 171 Patrick Henry School Middle School Programs Elementary School Programs PS 175 Henry H. Garnet School IS 90 The Mirabal Sisters School PS 1 Alfred E. Smith School PS 183 R.L. Stevenson School IS 131 Dr. Sun Yat Sen School PS 2 Meyer London School PS 184 Shuang Wen School IS 143 Eleanor Roosevelt School PS 8 The Luis Belliard School PS 185 John M. Langston School IS 164 Edward W. Stitt School PS 11 William Harris School PS 188 Island School IS 195 Roberto Clemente School PS 19 Asher Levy School PS 191 Amsterdam School IS 218 Salome Ukena School PS 20 Anna Silver School PS 192 Jacob H. Schiff Elementary School JHS 13 Jackie Robinson School PS 28 Wright Brothers School PS 197 John B. Russwurm School JHS 44 William J. O'Shea Middle PS 33 Chelsea School PS 198 Isador & Ida Straus School School Complex PS 34 Franklin D. Roosevelt School PS 199 Jesse I. Strauss School JHS 56 Corlears School PS 42 Benjamin Altman School PS 200 James M. Smith School JHS 104 Simon Baruch School PS 48 P.O. Michael J. Buczek School Amber Charter School JHS 167 Robert F. Wagner School PS 59 Beekman Hill International School Choir Academy of Harlem School MS 54 Booker T. Washington School PS 63 William McKinley School Hunter College Elementary School MS 256 Academic & Athletic PS 64 Robert Simon School Excellence School PS 72 K-8 School Programs MS 862 Mott Hall II School PS 83 Luis Munoz Rivera School PS 111 Adolph S. Ochs School KIPP S.T.A.R. College Prep PS 84 Lillian Weber School PS 140 Nathan Straus School Charter School PS 92 Mary M. Bethune School Annunciation Parish Elementary School Mount Carmel Holy Rosary School Epiphany Parish Elementary School PS 98 Shorackappoch School High School Programs Holy Name of Jesus Parish PS 101 Andrew Draper Academy A. Philip Randolph Campus High School Elementary School PS 110 Florence Nightingale School Art & Design High School PS 115 Alexander Humbolt School Mary Help of Christians Parish Cathedral High School PS 123 Mahalia Jackson School Elementary School Chelsea Vocational High School PS 124 Yung Wing School Our Lady of Pompeii Parish Edward A. Reynolds West Side PS 129 John Finely School Elementary School High School PS 133 Fred R. Moore School Our Lady of Sorrows Parish Fiorello H. LaGuardia High School PS 134 Henrietta Szold School Elementary School Frederick Douglass Academy II PS 137 John L. Bernstein School St. Anthony Parish Elementary School Secondary School PS 142 Amalia Castro School St. Columba Parish Elementary School High School of Economics & Finance PS 145 Bloomingdale School St. Gregory the Great Parish High School for Fashion Industries PS149 Sojourner Truth School Elementary School High School of Graphic Communication PS 152 Dyckman Valley School St. Joseph Parish Elementary School Arts PS 153 Adam Clayton Powell School St. Jude Parish Elementary School High School for Health Careers & Sciences PS 154 Harriet Tubman School St. Patrick Old Cathedral Parish High School of Hospitality Management PS 158 Bayard Taylor School Elementary School High School for International High PS 166 Manhattan School - Transfiguration Parish Elementary School Business & Finance Arts & Science Yeshiva Ketana of Manhattan High School for Law and Public Service 10 Humanities Preparatory Academy PS 214 PS 20 Clinton Hill School Jacqueline Kennedy Onassis High School PS 230 Dr. Roland N. Patterson School PS 38 Pacific School Leadership & Public Service High School PS 246 Poe Center School PS 39 Henry Bristow School Legacy School for Integrated Studies PS 105 Senator Abraham Bernstein PS 52 Sheepshead Bay School Louis D. Brandeis High School School PS 59 William Floyd School High School for Arts, Imagination PS 304 Early Childhood School PS 67 Charles A. Dorsey School and Inquiry CES 42 Claremont Community School PS 86 Irvington School Manhattan Bridges High School Sacred Heart Parish Elementary School PS 84 Jose De Diego School Manhattan Comprehensive Night & Day PS 91 The Albany Avenue School K-8 School Programs High School PS 94 The Henry Longfellow School PS 91 Manhattan Village Academy PS 95 Sheila Mencher PS 97 The Highlawn School Marte Valle Secondary School PS 211 PS 100 The Coney Island School Millennium High School PS 102 Bay View School Murry Bergtraum High School for Middle School Programs PS 109 Business Careers IS 143 John Peter Tetard School PS 115 Daniel Mucatel School Norman Thomas High School IS 158 Theodore Gathings School PS 128 Bensonhurst School Regis High School IS 313 School of Leadership PS 138 Brooklyn School Repertory Company High School for Development PS 147 Isaac Remson School Theatre Arts IS 174 Eugene T. Maleska School PS 151 Lyndon B. Johnson School Seward Park Educational Campus IS 192 Piagentini-Jones School PS 167 The Parkway School St. Jean Baptiste High School JHS 45 Thomas C. Giordano School PS 170 Lexington School Stuyvesant High School JHS 80 Moshulu Parkway Junior High PS 172 Beacon School of Excellence St. Vincent Ferrer High School School PS 186 Dr. Irving A. Gladstone School The Facing History School JHS 113 Richard R. Green School PS 188 Michael E. Berdy School The United Nations International School JHS 131 Albert Einstein School PS 197 Brooklyn School Unity Center for Urban Technologies JHS 142 John Phillip Sousa School PS 200 Benson School Washington Irving High School JHS 145 Arturo Toscaninni School PS 205 Clarion School JHS 125 Henry Hudson School PS 212 Lady Deborah Moody School MS 118 William W. Niles School PS 215 Morris H. Weiss School BRONX MS 223 The Laboratory School of PS 217 Colonel David Marcus School Elementary School Programs Finance and Technology PS 321 William Penn School PS 1 Courtlandt School MS 302 Luisa Dessus Cruz School PS 327 Dr. Rose B. English School PS 9 Ryer Avenue Elementary School School of Performing Arts PS 230 Doris L. Cohen School PS 11 High Bridge School The Forward School PS 335 Granville T. Woods School PS 14 Sen. John Calandra School PS 241 Emma L. Johnston School PS 18 John Peter Zenger School High School Programs PS 243 Weeksville School PS 28 Mount Hope School Bronx High School of Science PS 249 The Caton School PS 33 Timothy Dwight School Bronx Leadership Academy High School PS 261 Philip Livingston School PS 35 Franz Sigel School Bronx School of Law and Finance PS 262 El Hajj Malik Shabazz School PS 37 Multiple Intelligences School DeWitt Clinton High School PS 269 Nostrand School PS 41 Gun Hill Road School Grace Dodge Career & Technical High PS 276 Louis Marshall School PS 43 Jonas Bronck School School PS 277 Gerritsen Beach School PS 48 Joseph R Drake School Harry S. Truman High School PS 282 Park Slope School PS 53 Basheer Quisim School Herbert Lehman High School PS 287 Bailey K. Ashford School PS 55 Benjamin Franklin School Hostos Lincoln Academy of Science PS 297 Abraham Stockton School PS 71 Rose E. Scala School John F. Kennedy High School PS 79 Creston School Monroe Academy For Business/Law K-8 School Programs New School for Arts & Sciences PS 86 Kingsbridge Heights School PS 27 Agnes Y. Humphrey School Samuel Gompers Career & Technical PS 88 S. Silverstein Little Sparrow PS 95 Gravesend School Education High School PS 106 Parkchester School PS 138 Brooklyn School Walton High School PS 126 Dr. Marjorie H. Dunbar School PS 161 The Crown School PS 129 Twin Parks Upper School PS 206 Joseph F. Lamb School PS 130 Abram Stevens Hewitt School BROOKLYN PS 235 Lenox School PS 153 Helen Keller School Elementary School Programs PS/IS 323 PS 156 Benjamin Banneker School PS 8 Robert Fulton School MS 394 PS 160 Walt Disney School PS 11 Purvis J. Behan School Resurrection School PS 207 PS 17 Henry Woodworth School St. John the Baptist School 11 BROOKLYN (continued) PS 17 Henry David Thoreau School IS 10 Horace Greeley Middle School St. Mark's Day School PS 26 Rufus King School IS 141 Steinway School St. Therese of Lisieux School PS 32 State Street School IS 145 Joseph Pulitzer School PS 33 Edward M. Funk School IS 204 Oliver Wendell Holmes Middle Middle School Programs PS 49 Dorothy Bonawit Kole School School IS 55 Ocean Hill, Brownsville School PS 51 Early Childhood Center School IS 238 Susan B. Anthony Academy IS 259 William McKinley Educational PS 58 School of Heroes School MS 72 Catherine & Count Basie School Center PS 64 Joseph P. Addabbo School JHS 117 Francis Scott Key School JHS 190 Russell Sage School JHS 218 James P. Sinnott School PS 70 Mini-School MS 210 Elizabeth Blackwell School JHS 383 Phillippa Schuyler School PS 71 Forest Elementary School JHS 216 George J. Ryan Junior MS 587 Middle School for the Arts PS 80 Thurgood Marshall Magnet School High School Good Shepherd School PS 85 The Judge Charles Vallone School Corpus Christi School PS 86 Queens School Nativity Blessed Virgin Mary School High School Programs PS 88 The Seneca School High School Programs Academy of Urban Planning High School PS 112 Dutch Kills School Academy of Finance and Enterprise Acorn Community High School PS 115 Glen Oaks School Academy for New Americans Boys & Girls High School PS 117 J. Keld/Briarwood School Aviation High School Brooklyn Technical High School PS 124 Osmond A. Church School Benjamin N. Cardozo High School Brownsville Academy High School PS 131 Abigail Adams School Forest Hills High School Bushwick High School PS 143 Louis Armstrong School Francis Lewis High School Enterprise, Business, & Technology High PS 144 Colonel Jeromus Remsen School George Washington Carver High School School PS 149 Christa McAuliffe School for the Sciences Erasmus Campus High School PS 150 Queens School Grover Cleveland High School George Westinghouse Career & Technical PS 166 Henry Gradstein School Hillcrest High School Education High School PS 173 Fresh Meadows School Information Technology High School Harry Van Arsdale High School PS 182 Samantha Smith School John Adams High School Progress High School For Professional PS 197 Ocean School Martin Van Buren High School Careers PS 201 Kissena School Newcomers High School John Dewey High School PS 203 Oakland Gardens School Queens High School for the Sciences at High School for Public Service: Heroes of PS 209 Clearview Gardens School York College Tomorrow PS 214 Cadwallader Colden School Queens High School of Teaching Lafayette High School PS 219 Paul Klapper School Queens Vocational High School Middle College High School PS 251 Queens School Richmond Hill High School Paul Robeson High School PS 229 Emanuel Kaplan School Springfield Gardens High School Prospect Heights High School Corpus Christi Elementary School Townsend Harris High School at Queens Science Skills Center High School for Merrick Academy Charter School Science, Technology & Creative Arts College Nativity of the Blessed Virgin Sheepshead Bay High School William C. Bryant High School Mary School High School of Telecommunication Arts Our Lady of the Snows School STATEN ISLAND & Technology Elementary School Programs Thomas Jefferson High School K-8 School Programs PS 5 Huguenot School PS 43 PS 19 The Curtis School PS 55 Maure School QUEENS PS 20 Port Richmond School PS/IS 208 Elementary School Programs PS 21 Margaret Emery-Elm Park School PS 11 Kathryn Phelan School Middle School Programs PS 30 Westerleigh School PS 14 Fairview School MS 172 Irwin Altman School PS 31 William T. Davis School 12 PS 32 Gifford School Little Flower Union Free School District John F. Kennedy Middle School PS 45 R. John Tyler Locust School Little Flower Union Free School District PS 54 Charles W. Leng School Ludlum Elementary School Mulligan Intermediate School Martin Avenue Elementary School Our Lady of Lourdes School K-8 School Programs Meadow Elementary School Riverhead Middle School St. Christopher School Merrimac Elementary School Seaford Middle School St. Clare’s School School Mills Pond Elementary School W.T. Clark Middle School St. Paul Parish Elementary School Mount Pleasant Elementary School St. Roch Parish Elementary School High School Programs Mount Sinai Elementary School St. Sylvester School Baldwin Senior High School Newbridge Road Elementary School Central Islip High School High School Programs Nesconset Elementary School Commack High School Curtis High School North Oceanside Road School #5 Deer Park High School Michael J. Petrides High School Norwood Avenue Elementary School East Meadow High School Port Richmond High School Our Lady of Lourdes School Freeport High School Susan E. Wagner High School Our Lady of Perpetual Help School Garden City High School Tottenville High School Park Avenue School George W. Hewlett High School Phillips Avenue Elementary School Hempstead High School Pulaski Street Elementary School LONG ISLAND Hicksville High School Riley Avenue Elementary School Elementary Schools Programs Lawrence High School Roanoke Avenue Elementary School Accompsett Elementary School Mattituck Junior/Senior High School Ruth C. Kinney Elementary School Alice P. Willits Elementary School Mount Sinai High School Santapogue Elementary School Andrew T. Morrow Elementary School Riverhead High School Seaford Manor Elementary School Aquebogue Elementary School Roosevelt Middle/ Senior High School Searingtown Elementary School Archer Street Elementary School Sachem High School East Smithtown Elementary School Atkinson Elementary School Sayville High School South Bay Elementary School Belmont Elementary School Seaford Avenue School (BOCES) St. James Elementary School Bowling Green Elementary School Smithtown High School East Summit Lane Elementary School Branch Brook Elementary School Smithtown High School West Sunrise Drive Elementary School Brook Avenue School St. Mary's High School Tackan Elementary School Chestnut Hill Elementary School Uniondale Senior High School Tooker Avenue Elementary School Cherry Avenue Elementary School West Babylon Senior High School Walnut Street Elementary School Forest Avenue Elementary School West Islip High School Wantagh Elementary School Franklin Early Childhood School Washington Rose Elementary School Hampton Bays Elementary School Wood Park Primary School Harry D. Daniels Primary School Hemlock School Middle School Programs Hillside Grade School Accompsett Middle School Hewlett Elementary School Alverta B. Gray Schultz Middle School Holy Name of Mary School Baldwin Middle School Homestead School Birchwood Intermediate School Idle Hour Elementary School Candlewood Middle School Jackson Annex School East Hampton Middle School Jackson Main Elementary School Hicksville Middle School John F. Kennedy Elementary School Howitt Middle School Laurel Park Elementary School John W. Dodd Middle School Lincoln Avenue Elementary School John F. Kennedy Intermediate School

13 School/Corporate Partnerships

NEW YORK CITY PARTNERSHIPS JANY Board Company School Location PricewaterhouseCoopers, LLP Jacqueline Kennedy Onassis High School Manhattan 9 Partnerships PS 71 Rose E. Scala Bronx PS 9 Ryer Avenue Elementary Bronx PS 1 Courtlandt School Bronx PS 276 Louis Marshall Brooklyn PS 19 The Curtis School Staten Island St . Roch Parish Elementary School Staten Island PS 30 Westerleigh Staten Island St. Paul Parish Elementary School Staten Island Citigroup PS 33 The Chelsea School Manhattan 7 Partnerships PS 111 Adolph S. Ochs Manhattan PS 197 John B. Russwurm Manhattan PS 230 Doris L. Cohen Brooklyn PS 166 Henry Gradstein Queens The Academy of Finance and Queens Enterprise High School Corpus Christi Elementary School Queens Deloitte & Touche, LLP Norman Thomas High School Manhattan 7 Partnerships PS 140 Nathan Straus Manhattan PS 35 Franz Siegel Bronx Walton High School Bronx PS 115 Daniel Mucatel School Brooklyn PS 282 Park Slope Brooklyn PS 11 Kathryn Phelan Queens Pfizer Inc PS 34 Franklin D. Roosevelt Manhattan 6 Partnerships PS 72 Manhattan PS 134 Henrietta Szold Manhattan PS 142 Amalia Castro Manhattan JHS 104 Simon Baruch Manhattan PS 297 Abraham Stockton Brooklyn MS 223 The Laboratory School of Bronx

14 Banco Popular-NY Metro Region Finance and Technology 5 Partnerships New School for Arts and Science Bronx PS 206 Joseph F. Lamb School Brooklyn PS 287 Bailey K. Ashford School Brooklyn JHS 190 Russell Sage School Queens Verizon Communications PS 1 Alfred E. Smith School Manhattan 4 Partnerships IS 143 Eleanor Roosevelt School Manhattan PS 304 Early Childhood School Bronx George Westinghouse Career and Brooklyn Technical Education High School Our Lady of Sorrows Parish Manhattan Goldman Sachs Group, Inc. Elementary School 3 Partnerships St. Jude Parish Elementary School Manhattan Sacred Heart Parish Elementary School Bronx HSBC Amber Charter School Manhattan 3 Partnerships KIPP S.T.A.R. College Prep Charter School Manhattan PS 230 Doris L. Cohen School Brooklyn MetLife PS 70 Queens School Queens 3 Partnerships PS 112 Dutch Kills School Queens Newcomers High School Queens Washington Mutual PS 83 Luis Munoz Rivers School Manhattan 3 Partnerships PS 84 Jose De Diego School Manhattan PS 230 Doris L. Cohen School Brooklyn Amerada Hess Corporation Frederick Douglass Academy II Secondary School Manhattan 1 Partnership American Express Company PS 230 Doris L. Cohen School Brooklyn 1 Partnership AT&T, Inc. PS 186 Dr. Irving A. Gladstone School Brooklyn 1 Partnership The Bank of New York PS 124 Yung Wing School Manhattan 1 Partnership Bear Stearns & Co., Inc. PS 71 Rose E. Scala School Bronx 1 Partnership The Boston Consulting Group PS 85 Judge Charles Vallone School Queens 1 Partnership Cadwalader, Wickersham & Taft, LLP High School for Public Service: Heroes of Tomorrow Brooklyn 1 Partnership Cogswell Realty Group, LLC PS 154 Harriet Tubman School Manhattan 1 Partnership Digitas, New York MS 117 Francis Scott Key School Brooklyn 1 Partnership Ernst & Young LLP PS 276 Louis Marshall School Brooklyn 1 Partnership General Electric Company (WNBC) PS 43 Jonas Bronck School Bronx 1 Partnership KeySpan Corporation PS 277 Gerritsen Beach School Brooklyn 2 Partnerships Brooklyn Technical High School Brooklyn KPMG LLP Art and Design High School Manhattan 1 Partnership

15 “To touch a student’s life and know you left a positive impression is very rewarding.”

— Corporate Volunteer

NEW YORK CITY PARTNERSHIPS (continued) JANY Board Company School Location Marakon Associates PS 198 Isador and Ida Straus School Manhattan 1 Partnership McKinsey & Company PS 71 Rose E. Scala School Bronx 1 Partnership Morgan Stanley PS 48 P.O. Michael J. Buczek School Manhattan 1 Partnership Reuters America, Inc. IS 195 Roberto Clemente School Manhattan 1 Partnership TIAA-CREF PS 246 Poe Center School Bronx 1 Partnership XL Capital , LTD PS 101 Andrew Draper School Manhattan 1 Partnership New York City Partnership Total: 70

LONG ISLAND PARTNERSHIPS JANY Board Company School Location JPMorgan Chase/Chase Auto Finance Jackson Annex School Nassau County 3 Partnerships Jackson Main School Nassau County Ludlum Elementary School Nassau County Washington Mutual Andrew T. Morrow Elementary School Suffolk County 3 Partnerships Harry Daniels School Nassau County Washington Rose Elementary School Nassau County FedEx Express Martin Avenue Elementary School Nassau County 2 Partnerships Wantagh Elementary School Nassau County KeySpan Corporation Hicksville Middle School Nassau County 2 Partnerships John F. Kennedy Elementary School Suffolk County Best Buy Co., Inc. Tooker Avenue Elementary School Suffolk County 1 Partnership Citibank Our Lady of Lourdes School Nassau County 1 Partnership HSBC Andrew T. Morrow Elementary School Suffolk County 1 Partnership Long Island Partnership Total: 13

16 High School Heroes

High School Heroes are a valuable asset to the Junior Achievement of New York volunteer corps. Their volunteer and leadership contributions make a difference in the lives of thousands of outer borough and Long Island elementary students. During the 2005-2006 fiscal year, 2,135 High School Heroes taught JANY Elementary school programs to over 21,500 students in more than 1,000 classrooms.

MANHATTAN High School Elementary/Middle School High School of Graphic Communication Arts PS 175 Henry H. Garnet School 2 Partnerships PS 185 John M. Langston School

BRONX High School Elementary/Middle School Bronx High School of Science PS 9 Ryer Avenue Elementary School Bronx Leadership Academy High School PS 28 Mount Hope School Bronx School of Law & Finance PS 37 Multiple Intelligences School DeWitt Clinton High School PS 95 Sheila Mencher School Herbert Lehman High School PS 14 Sen. John Calandra School PS 106 Parkchester School Harry S. Truman High School PS 153 Hellen Keller School PS 160 Walt Disney School JANY Student Ambassadors PS 1 Courtlandt School 9 Partnerships

BROOKLYN High School Elementary/Middle School Brooklyn Technical High School PS 11 Purvis J. Behan School PS 20 Clinton Hill School High School of Telecommunication, Arts & Technology PS 170 Lexington School JANY Student Ambassadors PS 151 Lyndon B. Johnson School

17 BROOKLYN (continued) High School Elementary/Middle School John Dewey High School PS 97 The Highlawn School PS 100 The Coney Island School PS 128 Bensonhurst School PS 188 Michael E. Berdy School PS 200 Benson School PS 215 Morris H. Weiss School Lafayette High School PS 217 Colonel David Marcus School Middle College High School PS 91 The Albany Avenue School PS 138 Brooklyn School PS 161 The Crown School Paul Robeson High School PS 243 Weeksville School PS 335 Granville T. Woods School Prospect Heights High School PS 241 Emma L. Johnston School Science Skills Center High School for Science, PS 67 Charles A. Dorsey School Technology & the Creative Arts Sheepshead Bay High School PS 52 Sheepshead Bay School 19 Partnerships

QUEENS High School Elementary/Middle School Aviation High School PS 150 Queens School Benjamin N. Cardozo High School PS 203 Oakland Gardens School Forest Hills High School PS 14 Fairview School Francis Lewis High School PS 26 Rufus King School PS 173 Fresh Meadows School George Washington Carver High School for the Sciences PS 251 Queens School Grover Cleveland High School PS 58 School of Heroes School PS 71 Forest Elementary School Hillcrest High School PS 86 Queens School PS 117 J.Keld/Briarwood School PS 131 Abigail Adams School Merrick Academy Charter School Information Technology High School PS 112 Dutch Kills School John Adams High School PS 64 Joseph P. Addabbo School Martin Van Buren High School PS 33 Edward M. Funk School Queens High School of Teaching PS/IS 208 Queens High School for the Sciences at York College PS 182 Samantha Smith School Richmond Hill High School PS 51 Springfield Gardens High School PS 80 Thurgood Marshall Magnet School Townsend Harris High School PS 201 Kissena School 20 Partnerships

18 STATEN ISLAND High School Elementary/Middle School Curtis High School PS 31 William T. Davis School Port Richmond High School PS 20 Port Richmond School PS 21 Margaret Emery-Elm Park School Susan E. Wagner High School PS 54 Charles W. Leng School Tottenville High School PS 5 Huguenot School 5 Partnerships Total NYC Partnerships: 55

LONG ISLAND High School Elementary/Middle School Baldwin Senior High School Meadow Elementary School Commack High School Wood Park Primary School Deer Park High School John F. Kennedy Intermediate School Garden City High School Hemlock School Homestead School Locust School George W. Hewlett High School Franklin Early Childhood Center School Mount Sinai High School Mount Sinai Elementary School Riverhead High School Aquebogue Elementary School Phillips Avenue Elementary School Riley Avenue Elementary School Roanoke Avenue Elementary School Sayville High School Cherry Avenue Elementary School Lincoln Avenue Elementary School Sunrise Drive Elementary School Smithtown High School East Branch Brook Elementary School Mills Pond Elementary School Mount Pleasant Elementary School Nesconset Elementary School St. James Elementary School Tackan Elementary School Smithtown High School West Accompsett Elementary School Smithtown Elementary School Uniondale Senior High School Walnut Street Elementary School West Babylon Senior High School Forest Avenue Elementary School Santapogue Elementary School Total Long Island Partnerships: 26

19 JANY in the Community

Community Partnerships Junior Achievement of New York's Community Partnerships play a vital role in our efforts to reach and impact our neediest young people. These after-school and summer program collaborations produce tremendous growth with a "built in" volunteer pool providing much needed curricula and educational activities to New York City and Long Island students.

NEW YORK CITY BOROUGH-WIDE COMMUNITY PARTNERSHIPS Adolescent, Family & Comprehensive Services Good Shepherd Services Affordable Learning Academy Goodwill Industries Ali Forney Center Harlem Children's Zone Alianza Dominicana Highbridge Community Center Asociación Benéfica Cultural Padre Billini Historic Grace Church Aspira of New York, Inc. The Hudson Guild/O. Henry Learning Center Association of Progressive Dominicans Jackie Robinson Community Center Builders for Family and Youth Kingsbridge Heights Community Center Church Avenue Merchant Block Association (CAMBA) Kips Bay Boys and Girls Club Campos Plaza Community Center MARC After-School Program Chelsea Recreation Center Maspeth Town Hall Community Center Children's Aid Society Michael J. Petrides High School Choir Academy of Harlem New York Association for New Americans, Inc. (NYANA) Citizen's Advice Bureau New York City Housing Authority (NYCHA) Community Church of Christ Baisley Park Community Center (NYCHA) Countee Cullen Community Center Bland Community Center (NYCHA) Cypress Hills Community Center E. Robert Moore Community Center (NYCHA) Cypress Hills Local Development Corporation Fort Independence Community Center (NYCHA) Dr. White Community Center Marble Hill Community Center (NYCHA) Drew Hamilton Learning Center Murphy Community Center (NYCHA) East Harlem Council for Community Improvement Ravenswood Community Center (NYCHA) (EHCCI) Soundview Community Center (NYCHA) Educators For Children Youth and Families South Jamaica Community Center (NYCHA) Federation Employment and Guidance Service (FEGS) Taylor Wythe Community Center (NYCHA) Forest Hills Community House Two Bridges Community Center (NYCHA) Generation Youth Center University Community Center (NYCHA) Gloria Wise Boys and Girls Club Williamsburg Community Center (NYCHA) 20 Woodside Community Center (NYCHA) YMCA of the Bronx New York City Parks & Recreation YMCA Chinatown Alfred E. Smith Recreation Center (NYC Parks) YMCA Cross Island Detective Keith Williams Recreation Center (NYC Parks) YMCA Dodge Highbridge Recreation Center (NYC Parks) YMCA Flatbush Hunts Point Recreation Center (NYC Parks) YMCA Flushing J. Hood Wright Recreation Center (NYC Parks) YMCA Greenpoint Pelham Fritz Recreation Center (NYC Parks) YMCA Grosvenor Neighborhood House St. James Recreation Center (NYC Parks) YMCA Jamaica St. Mary's Recreation Center (NYC Parks) YMCA McBurney Recreation Center 59 (NYC Parks) YMCA Prospect Park Von King Cultural Arts Center (NYC Parks) YMCA TwelveTowns New York City Police Department YMCA West Side New York Mission Society Samuel Field YM/YWHA New York Urban League Samuel Field Bay Terrace YM/YWHA PAL Armory Center YWCA of Brooklyn PAL Bronxville Beacon Center YWCA at Murry Bergtraum High School PAL Foster Laurie Center PAL Harlem Center LONG ISLAND COMMUNITY PARTNERSHIPS PAL Miccio Center Eager To Serve Youth Division, Inc. (ETS) PAL New South Bronx Center Five Towns Community Center PAL Schwartz Center Gateway Youth Outreach PAL South Jamaica Center Glen Cove Youth Bureau PAL Webster Center Huntington Station Boys & Girls Club PAL Wynn Center mercyFirst Phipps Community Development Center Mineola Youth and Family Services Project Gear-up Central Brooklyn Operation Get Ahead, Inc. Project Reach Sista Girls Fit 2 Play Queens Child Guidance Center The Rehabilitation Institute, Inc. Queens Public Libraries (QPL) United North Amityville Youth Organization, Inc. Corona Public Library (QPL) Far Rockaway Public Library (QPL) Queens Village Public Library (QPL) Steinway Public Library (QPL) Windsor Park Public Library (QPL) Rockaway Development and Revitalization Corporation Safe Horizon Saint Stephen Church Simpson Street Development Corporation Southeast Bronx Neighborhood Center Southern Queens Park Association St. Christopher Ottillie Union Settlement United Community Centers United Neighborhood Houses of New York (UNH) Unity Neighborhood Center Vera Institute for Justice Washington Heights Inwood Coalition 21 Financial Statements

The following represents excerpts of the financial statements of Junior Achievement of New York, Inc. as of and for the years ended June 30, 2006 and 2005. The complete set of financial statements has been examined by our independent auditors, KPMG LLP, upon which they have issued an unqualified opinion. These financial statements, including our independent auditors’ report, are on file with Junior Achievement of New York, Inc. and are available upon request.

Please write to: Junior Achievement of New York Audit Inc., 205 East 42nd Street, Suite 203, New York, NY 10017. You may also call 212.907.0035 or e-mail us at [email protected].

Junior Achievement of New York, Inc. Statements of Financial Position June 30, 2006 and 2005

ASSETS 2006 2005 Cash and cash equivalents $845,329 $1,026,593 Contributions receivable, net 764,450 669,536 Prepaid expenses and other assets 180,950 176,770 Fixed assets, net 513,901 165,750 Total assets $2,304,630 $2,038,649

LIABILITIES AND NET ASSETS Accounts payable and accrued expenses 178,642 258,551 Deferred revenue 46,000 65,000 Deferred rent obligation 204,300 236,841 Obligation under capital lease 72,156 — Total liabilities 501,098 560,392 Unrestricted net assets 1,349,116 1,220,757 Temporarily restricted net assets 196,916 — Permanently restricted net assets 257,500 257,500 Total net assets 1,803,532 1,478,257 Total liabilities and net assets $2,304,630 $2,038,649

22 Junior Achievement of New York, Inc. Statement of Activities Year ended June 30, 2006 with summarized financial information for the year ended June 30, 2005

2006 2005 Unrestricted Temporarily Permanently Total Total Restricted Restricted Support and Revenue Support: Contributions (net of participation $1,651,705 $196,916 — $1,848,621 $1,803,290 payments of $44,865 in 2006 and $49,211 in 2005) Contributed assets 312,442 — — 312,442 — Donated services 276,940 — — 276,940 372,548 Total support $2,241,087 $196,916 — $2,438,003 $2,175,838 Revenue: Special events (net of direct $2,001,428 — — $2,001,428 $1,996,062 expenses and participation payments of $646,289 in 2006 and $564,934 in 2005) Interest and other income 21,813 — — 21,813 11,073 Total revenue 2,023,241 — — 2,023,241 2,007,135 Net assets released from restriction — — — — — Total support and revenue 4,264,328 196,916 — 4,461,244 4,182,973 Expenses: Program services High school programs 294,568 — — 294,568 274,974 Middle school programs 267,789 — — 267,789 357,466 Elementary school programs 2,115,535 — — 2,115,535 2,117,297 Total program services 2,677,892 — — 2,677,892 2,749,737 Supporting services: Management and general 739,043 — — 739,043 679,835 Fundraising: Volunteer recruiting costs 140,063 — — 140,063 94,172 General solicitation of funds 578,971 — — 578,971 624,229 Total supporting services 1,458,077 — — 1,458,077 1,398,236 Total expenses 4,135,969 — — 4,135,969 4,147,973 Increase in net assets 128,359 196,916 — 325,275 35,000 Net assets at beginning of year 1,220,757 — $257,500 1,478,257 1,443,257 Net assets at end of year $1,349,116 $196,916 $257,500 $1,803,532 $1,478,257 23 The Support Difference Business Investors

Pacesetter - ($100,000+) Rose M. Badgley Charitable Trust American Express Foundation The Walt Disney Company Best Buy Children’s Foundation Washington Mutual Citigroup Foundation Partner - ($15,000+) Credit Suisse AIG Pfizer Inc Best Buy Co., Inc. Trendsetter - ($50,000+) The Boston Consulting Group Accenture IBM Cadwalader, Wickersham & Taft, LLP ING Ernst & Young LLP JPMorgan Chase & Co. JPMorgan Chase Foundation Keane Inc. KPMG LLP Lazard Freres & Company LLC MetLife Foundation Pitney Bowes Inc. New York Stock Exchange Foundation Terex Corporation PricewaterhouseCoopers, LLP Entrepreneur - ($10,000+) Reuters America, Inc. American Financial Services Association The Bank of New York Banco Popular Verizon Communications Bear Stearns & Co. Inc. Major Investor - ($25,000+) BearingPoint, Inc. American Express Computer Associates Bovis Lend Lease LMB, Inc. Con Edison CIT Group Inc. Digitas, New York Citigroup Educators For Children Youth And Families Cushman & Wakefield FedEx Express Deloitte & Touche, LLP Lehman Brothers Deutsch, Inc. Mercer Management Consulting Goizueta Foundation Merrill Lynch Goldman Sachs MetLife Granite Broadcasting Corporation Nara Bank HSBC Small Bone Innovations, LLC McKinsey & Company, Inc. Sidney Milton and Leoma Simon Foundation Merrill Lynch & Co. Foundation, Inc. The Whitney Group Morgan Stanley Weil, Gotshal & Manges Foundation Inc.

24 Photos Left to Right: Celebration; Golf Classic “I could see that some of these kids were incredibly bright and with the right direction, these kids could succeed.” — Tanya Onefater, Volunteer

“Junior Achievement is fabulous! I embraced my “inner teacher” and was able to understand just how much the education system does for the nation. I’ll definitely be willing to participate again!” — Corporate Volunteer

Provider - ($5,000+) Sponsor - ($1,000+) EMC Corporation Allstate Insurance Company General Electric Company Avis Rent A Car System, Inc. KeySpan Corporation Brokers’ Service Marketing Group II, LLC Mintax Inc. Commerce Bank BMC Software Delta Funding Corporation Henegan Construction Co., Inc. Delta National Bank and Trust Company of New York Holburn Corporation Foot Locker Foundation, Inc. Kupferberg Foundation Healy Family Foundation The McGraw-Hill Companies Hixon Corporation Montery Fund, Inc. L-3 Communications Corporation News Corporation Foundation Marakon Associates Pershing LLC Mary A.H.Rumsey Foundation Steven J. and Susan S. Liguori Family Foundation Morgan Joseph & Co. Inc. Robinson Lerer & Montgomery, LLC Signature Bank TIAA - CREF The J.C. Penney Foundation Time Warner Cable The Kandell Fund The Perry & Donna Golkin Family Foundation Stakeholder - ($2,500+) The Whitehead Foundation Assurant Foundation Warfield Associates Inc. BIC Corporation CB Richard Ellis Achiever - ($500+) Citibank, N.A. Bank of America Collins Brothers Charlotte and Joseph Gardner Foundation Inc. Fitzpatrick, Cella, Harper & Scinto James A. Macdonald Foundation GenRe Olympus Mitsubishi Trust and Banking Corporation Prom Management Group, Inc. Morgan, Lewis & Bockius, LLP The Montran Corporation Scandinavian Airlines of North America Inc. Westell, Inc. SI Bank & Trust Foundation Associate - (Under $500) TelecomPioneers We gratefully acknowledge our 17 donors in this The Sagarika Foundation category who contributed gifts totaling $3,547. Wheels Inc. Xerox Foundation

Photos Left to Right: Groundhog Job Shadow Day; Job Shadow Program 25 Individual Investors

Junior Achievement of New York is grateful to our contributors who have provided annual support during the 2005-2006 fiscal year. Gifts from each individual helps sustain and drive our educational and outreach programs to young people in NYC and Long Island, in support of our mission to inspire and prepare young people to succeed in a global economy.

Advocate - ($10,000+) Christopher Carroll Dan Bornstein Matthew Phillips G. Chris Andersen* Samuel Chapin Christopher Burke Dayna Rocco Dennis Block Frank Comerford Maureen Charpenteir Paul Roscia Charles R. Borrok Kenneth Daly Anthony Chaves Kenneth Samu Arnold J. Eckelman Michael Gallagher Leonel Cortizo, Jr. Douglas E. Schallau Ron Insana Leslie Godridge Sandra Curtin Kenneth Springer Phillip Lynch Gary Goldstein Donald Deutsch Frank Tanki Paul Schreiber Karen Jamesley Rose Dimartino Edward Walsh Anthony Viscogliosi John Keogh Joseph Durkin Melantha Williams H Ronald Weissman Catherine Kinney Patrick English Rob Womack Peter Kirn Michael Ennis Mentor - ($500 +) Principal - ($5,000 +) Dan Leahy Chris Falzarine S. Adamiyatt John Boyle Marshall Lux Michael Falcone Richard Aldrich Chris Falzarine Nanette Malebranche Margaret Foran Edward Anderson Peggy Fechtmann Kenneth Newman Lawrence Golub Philip Armstrong James Flanagan Neil Radey Galina Guale Teiko Aryee Steve Frank Jack Ribeiro Leslie Halon Christopher Babu Susan Geiger Linda Sawyer William Hibbitt Sally Ann Bartels Peter Ingerman Joe Scimone Shimmie Horn John Baumann William Janetscheck Michael Steinharter Regina Iannuzzi Rekha Bhasvar Larry Leva Kim Wagner Michele Imbasciani Russell Borgman Peter Ingerman Rick Wolfert Michael Kaiseratt William Brennan Maura Markus Joanne Zaiac Patrica King-Elvin Francesco Cafagna Robert Moritz Advisor - ($1,000 +) Robert Lizza Richard Caporaso Richard J. Poccia James Abry Craig Lowry Robert Catell Robert Tone Denise Alston Clifford Melberger David Chitty Anre Williams Paul Arendt Thomas Monaghan James Cleary Lawrence Wills Nhi (Annie) Au Paul Nick Donna Coallier Counselor - ($2,500 +) Robert Bicknese David Obstler Patricia Coghlan Pervez Bamji Gary Binstein Michael Overington Daniel Cohen Kevin Barr M. Nancy Blackburn Stephen Parish Kelly Collamore

26 Photos Left to Right: S.M.A.R.T. Expo; Job Shadow Students at Oxygen Media; Stock Market Challenge “The Junior Achievement program brings the real world to students. They show us the economics of life and everything we are going to be expecting in our future.”

— Getanjali Morel, student Norman Thomas High School

“Thank you for taking time out of your day to show me what you do…you showed me how to balance my money in college and hopefully when I get there, I won’t go broke all because of what you taught me.”

— Lemar Jordan ~ Academy of Urban Planning

Adriana Collins Dan Jackson Barbara Niemczyk Robin Vince Susan Connor Sandra Jackson Kirsten Orthun Jonelle Ware Thomas Cornacchia Andy James John Paguaga Chris Watson Ralph Day Sam Johnson Minesh Parekh George Wellde Vincent Defina Peter Johnston Paul Pento Barry Westgate Marc Dieli Seth Kanegis Santo Petrocelli William Wheeler William Draper Despina Karamoshos Stacey Polley Whitney Wilcox Brian Duffy John Karcich Joseph Prochaska Lewis Wirshba Joseph Duggan Dorothy Kelly Nikhil Puri Instructor - (Under $500) Stephen Epstein Robert Kern Salim Ratansi We gratefully acknowledge John Evans Adam Kohn Sara Recktenwald our 325 donors in this Peter Feeney Louis Konig Mark Ritchie category who contributed John Foley Grace Koo David Rosenblum gifts totaling $74,797. James Fortescue Gary Kozlowski Christine Rossi Lawrence Fuchs Malie Lalchan Naeemah Ruffin * Gift made in memory of Manuel Garciadiaz Kiran Lalloo Peter Ruhlin Harold T. Shapiro, friend Sandra Lief Garrett John Leo Jeffrey Sands of JANY. Peter Genatt Christopher Lynch Michael Scerbo Susan George Penny Maureen Stern Teresa Schafer Shawna Gilmore-Orr Richard McArdle Judythe Schonfeld David Goodwin John Menoudakos Susan Schwartzman Peter Grawehr Robert Mentore Robert Sell Kevin Hallinan Susanne Miller Deepal Shah Patrick Haskell Luciana Miranda Charles Stocks Stephanie Hattiangadi Nancy Monroe Ralph Sutton Stephen Hickey Jeffrey Moses Greg Tebbe Kim Hirsch Michael Murphy Michael Troy Michael Hirschberg Steven Napolitano Susan Tutino Michael Hoffman John Neczesny John Twite John Hubbe Jenni Neumann John Verdonck Paul Huchro Charmin Newark Paul Vigilante

Photos Left to Right: Stock Market Challenge; Titan Competitor John Brito, JANY Chairman Phil Lynch & Kenny Turner, Dir., Futureworks Entrepreaneurship Program, YMCA of Greater NY 27 Bowl-A-Thon 2005-2006

Junior Achievement Bowl-A-Thons are a long-standing corporate fundraising event tradition combining competition and teamwork. Junior Achievement of New York refers to them as “parties with a purpose.” With your support, every pin-strike funds the future of New York and Long Island students. JANY was pleased to welcome four new companies to the Bowl-A-Thon fundraising experience. In total, 32 companies (over 8,000 participants) raised more than $1.5 million dollars to support the JANY mission during the 2005-2005 fiscal year. The following companies generated the highest cash contributions through Bowl-A-Thon events.

Strike! Action $250,000+ $30,000+ American Express Ernst & Young LLP KPMG, LLP Anchor The Bank of New York $100,000+ Credit Suisse Bovis Lend Lease LMB, Inc. JPMorgan Chase & Co. Citibank Pfizer Inc HSBC Splasher! Charge $15,000+ $70,000+ Accenture Goldman Sachs AIG MetLife Bear Sterns & Co., Inc. PricewaterhouseCoopers, LLP CIT Group Inc. Deloitte & Touche, LLP Triple Tumbler Deutsch, Inc. $50,000+ Morgan Stanley Banco Popular Reuters America, Inc. KeySpan Corporation Verizon Communications

28 Gifts-In-Kind

We gratefully acknowledge the following companies who have supported JA programs through their significant in-kind contributions to JANY.

Accenture KPMG LLP American Airlines Lia Schorr American Express Litho Partners AT&T, Inc. LPLJ Radio Avis Rent-A Car Madison Square Garden Cablevision MetLife Chadbourne & Parke LLP Pfizer Inc Citigroup Pitney Bowes Inc. Commerce Bank PricewaterhouseCoopers, LLP Credit Suisse Queens Public Television Delta Air Lines Radio Disney Deutsch, Inc. Rezidor SAS Hospitality Digitas, New York Reuters America, Inc. ESPN Radio Southwest Airlines Excelsior Athletic Club Sunterra Pacific FedEx Express The Roosevelt Hotel G.C. Andersen Partners, LLC Viscogliosi Brothers LLC Hotel Viking WABC Radio JetBlue Airways Walter Foster Publishing, Inc. John Barrett Salon WCBS-FM KeySpan Corporation WINS-AM Kohlberg Kravis Roberts & Co.

29 An Unforgettable Difference Memorial Tribute To...

Frank T. Cary Chairman & CEO, IBM Corporation JANY Board Chairman 1980-1993

In January, 2006 we were saddened to learn of the passing of one of our legendary leaders, Frank T. Cary, retired, Chairman and CEO of the IBM Corporation. Frank served as Chairman of the JANY Board, 1980-1993. To all of Junior Achievement, Frank T. Cary was the embodiment of ethical leadership. His lasting legacy to JANY and to the business and industry leaders of New York City is the power of one to transform the destiny of many.

Frank T. Cary began his involvement in JA in 1978 when he was asked to serve a two-year term as Chairman of the National Board of Directors. In those two years, he significantly upgraded the National Board of Directors and provided a loaned executive to design and implement management training and systems that are still used today. While National JA Chairman, Frank also lead the bold movement to aggressively pursue programming that would be implemented during the day in the classroom. So significant were Frank’s contributions at the national level, that the National JA Board instituted the Frank T. Cary Award in 1986. To this day it is the highest form of lay leadership recognition.

Following his two-year term as National Chairman, Frank made a commitment to revitalize the New York City JA operation. When he took over, only 3,000 students participated in the traditional evening high school program and JANY was nearly insolvent. Under Frank’s leadership, JANY experienced one of the most dramatic turn-a-rounds in non-profit history. Today, JANY reaches nearly 100,000 students per year and is financially sound.

Frank’s lasting impact ensured that JANY would continue to be positioned in the nationwide forefront of programming innovation. Without a doubt, JANY is a stronger organization as a result of Frank T. Cary’s legacy of leadership. All who have benefited from his leadership, whether they are students, volunteers, educators, board members, JA Worldwide or JANY staff, are richer for having known him.

30 Neyda Martinez Teacher, Guidance Counselor, JANY Coordinator 2001-2005

“Where I come from, people think just because you are Hispanic or African-American, you won’t go to college. Ms. Martinez thought differently. She is the kind of woman you can see her heart when she is working.” — Katherine Laureano, Bronx Leadership Academy/JANY Student Ambassador

In December 2005, Junior Achievement of New York was sad to learn of the passing of one of our educational leaders, Neyda Martinez, a Bronx Leadership Academy guidance counselor and a High School Hero coordinator for JANY. Neyda passed away after a brave struggle with cancer. Shortly before her passing, Neyda was honored as Teacher of the Year at the October 2005 annual JANY Leadership Awards Gala. Despite her increasing health challenges, Neyda graciously agreed to attend the gala not wanting to disappoint the students who have benefited greatly from her guidance, leadership and care.

Neyda inspired and motivated her students by living JANY’s core values of integrity, respect and excellence. Her natural enthusiasm and passion for education was what made the difference in the lives of the young people she touched. She never complained about her illness or the pain. She did her best to hide it from her students and colleagues for as long as she could so that she would be able to continue to advise and motivate her students.

A native of Puerto Rico, Ms. Martinez moved to the USA in 1973 to attend the University of New Mexico in Albuquerque. After graduation, she received a scholarship to New York University, where she earned a Master’s Degree in Literature.

Ms. Martinez taught in several New York City public schools, including George Washington High School in Upper Manhattan and the Bronx Leadership Academy, where she was most recently a guidance counselor. Neyda began working with JANY in the spring of 2001. Her enthusiasm, energy and desire to motivate her students to succeed, was a natural fit with the work and mission of JANY. When she accepted her award at the 2005 gala, she humbly exclaimed, “I never expected to win anything in my life.” The truth is Neyda was always a prize to JANY, to her students and to her colleagues. She will be truly missed.

31 JUNIOR ACHIEVEMENT OF NEW YORK, INC. BOARD OF DIRECTORS 2005-2006

Chairman of the Board Vice Chair, Program Innovation Mr. Phillip Lynch Mr. Marshall Lux Venture Partner Managing Director Fidelity Ventures McKinsey & Company President Vice Chair, School Relationships Mr. Douglas E. Schallau Ms. Maura Markus Junior Achievement of New York, Inc. President, Citibanking N.A. Citibank Secretary Mr. Peter Ingerman Vice Chair Partner Mr. David Shedlarz Chadbourne & Parke, LLP Vice Chairman Pfizer Inc Treasurer & Chairman of the Audit Committee Mr. H Ronald Weissman Vice Chair, Awareness Partner Mr. Anre Williams Ernst & Young LLP Executive Vice President U.S. Commercial Card Vice Chair, Development American Express Mr. G. Chris Andersen Founding Partner Chairman’s Advisory Council G. C. Andersen Partners, LLC Mr. Arnold S. Eckelman Senior Vice President of Operations (Retired) Vice Chair Verizon Communications Ms. Peggy Fechtmann Executive Vice President Ms. Sue Herera MetLife Anchor Vice Chair CNBC Ms. Leslie Godridge Senior Executive Vice President Mr. Ron Insana The Bank of New York Senior Analyst CNBC Vice Chair, Technology Mr. Peter Kirn Partner Accenture

32 Members Mr. James Abry Mr. Gary Goldstein Mr. Richard J. Poccia Chief Financial Officer CEO & President Partner Sports Capital Partners, LLC The Whitney Group PricewaterhouseCoopers, LLP Mr. Pervez Bamji Ms. Michele Imbasciani Mr. Neil Radey General Auditor Senior Vice President – Managing Director & Global Pitney Bowes Inc. Region Executive General Counsel Banco Popular-NY Metro Region Credit Suisse Mr. Kevin Barr Senior Vice President - Human Resources Ms. Karen Jamesley Mr. Jack Ribeiro Terex Corporation Global Head of Human Resources Managing Partner Morgan Stanley Deloitte & Touche, LLP Mr. John Benevento Senior Vice President Mr. William Janetschek Ms. Linda Sawyer Washington Mutual Chief Financial Officer Chief Executive Officer Kohlberg Kravis Roberts & Co. Deutsch, Inc. Mr. Dennis Block Partner Mr. Jack Kelly Mr. Paul S. Schreiber Cadwalader Wickersham & Taft, LLP Managing Director Partner Goldman Sachs Shearman & Sterling LLP Mr. Charles Borrok Vice Chairman Mr. John W. Keogh Mr. Joe Scimone Cushman & Wakefield Chief Executive Officer President - Chase Auto Finance ACE Overseas General JPMorgan Chase & Co. Mr. Samuel Chapin Vice Chairman Ms. Catherine Kinney Mr. Mike Steinharter Merrill Lynch President & Co-Chief Mr. Bob Tone Operating Officer Mr. Frank Comerford Regional Vice President NYSE Group, Inc. President & General Manager Best Buy Co., Inc. WNBC - TV Mr. Larry Leva Mr. Anthony Viscogliosi Partner Mr. Ken Daly Managing Senior Partner KPMG LLP Vice President, Financial Viscogliosi Brothers LLC & Employee Services Mr. Stephen Liguori Ms. Kim Wagner KeySpan Corporation Senior Vice President, Marketing Vice President & Director GE Consumer Finance, Americas Ms. Carmen Farina The Boston Consulting Group Deputy Chancellor for Teaching Mr. Tom Maguire Mr. Lawrence I. Wills & Learning Senior Vice President Chief Financial Officer NYC Department of Education Verizon Communications Granite Broadcasting Corp. Mr. James Flanagan Ms. Nanette Malebranche Mr. Rick Wolfert Partner Managing Director, L.I. District Vice Chairman PricewaterhouseCoopers, LLP FedEx Express CIT Group Inc. Mr. Steve Frank Mr. Peter Marchetto Mr. Doug Worman Senior Managing Director CEO, Americas Senior Vice President Bear Stearns & Co., Inc. Bovis Lend Lease Zonal Executive, Domestic Mr. Michael Gallagher Mr. Kenneth Newman Brokerage Group Executive Vice President Senior Vice President - AIG HSBC Eastern Regional Counsel Ms. Joanne Zaiac The Walt Disney Company Ms. Nancy Gardner President Executive Vice President and Mr. David Obstler Digitas, New York General Counsel Chief Financial Officer Reuters America, Inc. RiskMetrics Group

33 JUNIOR ACHIEVEMENT OF NEW YORK, INC. STAFF LIST

Executive Office Douglas E. Schallau Daniel Mencher Luis Davila-Ortega President Manager, Resource Development Director, Hispanic Initiative Terri Wilson Jacqueline Dolly Michelle Lee Executive Assistant Senior Director, Marketing & Senior Manager, Programs/NYC Communications Laura DiGiovanni Senior Manager, Programs/NYC Administration & Finance Tekle Berhan Special Events Christopher Ellis Manager, Accounting & HR Chris Hemmer Manager, Programs/NYC Senior Vice President, Special Events Tyema Drummond Sabrina Gates Accounting, Temp Roseanne Dennehy Manager, Programs/NYC Senior Director, Special Events Anthony Hutchinson Kristen Hugger Manager, Office & Facilities Jacalyn Heemskerk Manager, Programs/LI Senior Director, Special Events Imdad Islam Anne Uba Director, IT & Business Systems Robyn Finkelson Manager, Programs/LI Senior Manager, Special Events Husna Sheriff Florence Amissah Manager, Database Elise Revere Administrative Assistant/Programs Coordinator, Special Events Elaine Turkin Administrative Assistant & Receptionist Programming Lisa Castillo Richmond Advancement & Marketing Senior Vice President, Programs Sandra Lief Garrett Senior Vice President & Chief Kara O’Leary Advancement Officer Vice President, Programs, NYC Pamela Browse Lori Arloff Vice President, Resource Generation Vice President, Programs, LI Dawn Wills Heather O. Grant Director, Development Director, Programs/NYC

34

Pfizer/Williams Lea NYC Creative Studio 23303 9/2006 CON