I am an achiever!

2008 Annual Report Achievers!

“I thank Junior Achievement for inspiring and encouraging me to pursue my goals. As a former JA student I was exposed to career choices and experiences I never knew existed. This allowed me to see what my own future would look like and has given me the tools to make it happen!”

JANY Alum, Amanda Pusey Sophomore, SUNY Binghampton University JANY Student Ambassador, Class of 2005-2006 Achievers!

Achievers!

Table of Contents

Mission Focused & Values Based Leadership Address ...... 2 2007-2008 Program Impact...... 4 Celebrating Success...... 6 Serving New York’s Neediest Communities...... 8

2010: From Vision to Reality Increasing Student Impact ...... 10 ! Increasing Resources...... 12 chievers Increasing Awareness...... 13 A ! Achieving the Vision Together chievers Board of Directors...... 14 A Associate Board ...... 16 Hispanic Initiative Advisory Council...... 17 Corporate/School Partnerships...... 18 School Partners ...... 22 Community Partners...... 26

Investments in Sustainable Frameworks Fundraising Events ...... 28 Financial Statements...... 30 Business Investors/Gifts-In-Kind...... 32 Individual Investors...... 34

Achievers! JUNIOR ACHIEVEMENT OF NEW YORK, INC. leadership address

Message from our Board Chair

Dear friends and supporters,

I’m pleased to present to you the Junior Achievement of New York (JANY) Annual Report for our fiscal and academic year which ended June 30, 2008. As you read this annual report, you will see that the transformative power of the JA experience in the lives of the students we serve is undeniable. We’ve enjoyed a solid year of accomplishments. This past school year, we reached nearly 95,000 students throughout New York City and Long Island, putting into action the core of our mission.

One year ago, our Board approved a 2010 strategic plan that charted a course for aggressive growth in both students and funding. Simply put, our aim is to reach and inspire as many students as possible. Our 2010 strategic plan is guiding us toward repositioning JANY to In order to increase impact and resources, it is important to raise successfully fulfill our mission to Inspire and Prepare Young People awareness of the JANY brand and mission. You will read about to Succeed in a Global Economy. The plan focuses on three JANY’s Alumni Initiative—a potential resource to identify, cultivate mutually dependent growth strategies to: and reconnect with former JA students. An active and engaged alumni network provides compelling and inspirational proof of • Expand our student outreach, with a concerted effort to JANY’s long-term program effectiveness. Their emotional bond to reach more middle and high school students JANY makes them excellent volunteer and donor prospects, which we believe is critical to enhancing the JANY brand. • Increase volunteer, leadership and funding resources by expanding JANY Board membership I am grateful to the JANY Board of Directors and our community of supporters for making the 2007-2008 academic year successful. • Focus awareness efforts on the impact and involvement I also appreciate the continued enthusiasm of our President, of JANY’s business, educator and community partners. Doug Schallau, who recently celebrated his 30th year with Junior Achievement. To increase impact, we have committed ourselves to broadening our reach in Middle and High School markets by tailoring programs to As we enter an uncertain economic landscape, I’m confident in our meet the needs of the communities we serve. We remain steadfast in collective ability to remain focused and committed to creating a our goal to make education more relevant to young people at the legacy of achievement for New York City and Long Island students. most important time in their lives. JANY’s resource engine is fueled by inspired Board leadership and partnerships which drive volunteer Sincerely, recruitment and fundraising. We are committed to increasing the number of business leaders on our Board who share our passion for connecting young people to opportunity. By broadening our leadership base we expect to generate the resources necessary to meet the growing demand for our programs.

Anré Williams, Board Chair Junior Achievement of New York, Inc. President, Global Commercial Card American Express Company

2 “The transformative power of the JA experience in the lives of the students we serve is undeniable.” Anré Williams

Message from our President

Dear friends and supporters, We are also grateful to William G. and On behalf of the nearly 95,000 New York City and Long Island Virginia T. Halbert who have committed students who received JA programs this year, I would like to express a $1 million endowment gift from their our gratitude for your unwavering support and participation. charitable remainder and other trusts Thank you for helping expand our student reach this year by 2%— toward future expansion and delivery accomplishing 98% of our annual goal. In addition, we made good of entrepreneurship programming to progress toward deepening student penetration in the NYC and Long inner-city youth. Island middle and high school markets. To deliver these programs we raised over $4.7 million (exclusive of the present value of a Third—As employers become more $1 million endowment gift), flat to last year and 102% of our selective in their hiring, focus on annual goal. What makes our progress extraordinary is that it has workforce-readiness programming takes occurred during one of the most tumultuous economic climates we on increased relevance. The hands-on, have experienced in many years. The upside is that these challenging practical application of JA programs times make obvious the increased need for our programs. can make a significant difference in how young people approach the workplace. Our volunteer role models, who deliver the programs, Where challenge exists, opportunity is not far behind. With the help students connect learning to earning by making a link between roll-out of our 2010 strategic plan, we have begun to reposition a good education and success in life. JANY’s focus in the Middle and High School market segments. By narrowing our concentration on the three key content areas of As we look to the future, we look to develop deeper and more Financial Literacy, Entrepreneurship and Workforce Readiness— meaningful relationships with our constituents. Your support is a JA’s Three Pillars of Student Success—we can help our young vital component of building sustainable capacity to deliver life- people successfully navigate a world where the only constant is changing programs and experiences to young people. Your the accelerating pace of change. continued support remains critical to our success. Everything we accomplished in the past year and everything we will do in the The 2008 Annual Report builds a powerful case for streamlining future is focused on our mission to Inspire and Prepare Young our strategic focus on the Three Pillars of Student Success: People to Succeed in a Global Economy. We renew our commitment to be mission-focused, values-based and driven by the evolving First—The need for financial literacy education has never been more demographics in our marketplace. important. As individuals become increasingly responsible for their own financial well-being, understanding the economic system will We hope you enjoy reading our 2008 Annual Report. Our theme become critical to their financial security. It is the only way to address this year celebrates the achievements of our students and the the rapidly approaching “perfect storm” of financial illiteracy. In achievements of our community of supporters and partners. keeping with our commitment to deepen financial literacy among Without you these achievements would not be possible. We young people, this year we successfully tested a new program on are eternally grateful for your support and participation in our Long Island called JA Finance Park. This program introduces middle mission to help young people dream bigger dreams. school students to personal financial planning and career exploration, allowing them to experience what it means to balance the household Most sincerely, budget in a simulated “real world.”

Second—We believe another mega-trend is young people’s increasing interest in entrepreneurship programming. Later on in the report, you will read about the successful roll-out of a pilot JANY Business Plan Competition sponsored by G.C. Andersen Partners, LLC. The overwhelmingly positive response from the Douglas E. Schallau, President schools and students supports our belief that relevant, real-world Junior Achievement of New York, Inc. educational experiences motivate young people to succeed. 3 JUNIOR ACHIEVEMENT OF NEW YORK, INC. 2007-2008 program impact

About Junior Achievement Our Core Organizational Values PROGRAM LIST of New York, Inc. • Belief in the boundless potential Founded in 1929, Junior Achievement of of young people The following programs and experiences New York, Inc. (JANY) is the New York • Commitment to the principles of were delivered by JANY during the 2007- affiliate of Junior Achievement Worldwide, market-based economics and 2008 program year. the world’s largest and fastest-growing entrepreneurship organization dedicated to inspiring and • Passion for what we do and ELEMENTARY preparing young people to succeed in honesty, integrity and excellence Ourselves® a global economy. Through a dedicated in how we do it Our Families® volunteer network, JANY provides in- • Respect for the talent, creativity, Our Community® school and after-school programs for perspectives and backgrounds of Our City® students in grades K-12. JANY’s educational all individuals Our Region® programs focus on three key content areas: • Conviction in the educational and Our Nation® financial literacy, entrepreneurship and motivational impact of relevant JA More than Money™ workforce readiness—The Three Pillars hands-on learning. JANY Local Business Week of Student Success. Key Programs MIDDLE Last academic year, JANY’s in-school and Programs with age-appropriate curricula JA Economics for Success® after-school programs served nearly 95,000 are designed to teach elementary students JA Global Marketplace® students in the NYC and Long Island about their roles as individuals, workers JA It’s My Business!™ geographic area. Today, Junior Achievement and consumers and to prepare middle and Worldwide reaches 9 million students globally. high school students for key economic and JA America Works!™ career challenges they will face. Through JA Finance Park™ Our Mission role-playing, computer-based simulations, JANY Business Education Days To inspire and prepare young people to board games and classroom discussions, JANY S.M.A.R.T. Expo succeed in a global economy. students learn job-hunting skills, budgeting techniques, communication HIGH and interpersonal relations, the importance ® JA Success Skills of staying in school as well as personal JA Careers with a Purpose™ and financial management skills. JA Titan® JA Economics™ JA Company Program™ JA Business Ethics™ Junior Achievement Presents: The NEFE High School Financial Planning Program™ JA Job Shadow™ JA Exploring Economics™ JA Banks In Action™ JANY Business Plan Competition JANY Youth Leadership Conferences JA Stock Market Challenge JANY High School Heroes JANY Student Ambassador Program JANY Summer Internship Program Achievers!

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

Corporations 34% Manhattan 22% Elementary School 68% Events 50% Brooklyn 19% Middle School 15% Foundations 8% Bronx 13% High School 17% Individuals 8% Queens 18% Staten Island 3% Long Island 25%

About the Volunteers Leadership & Governance JANY’s 5,616 classroom volunteers are Douglas E. Schallau serves as President and as diverse as the students that they serve. Chief Staff Officer. Mr. Schallau leads a 35- They all share a desire to contribute to the person professional staff. Mr. Anré Williams, communities in which they live and work. President, Global Commercial Card, Volunteers use their insight, their knowledge American Express, serves as the volunteer and their experiences to inspire NYC and Chair of a 56-member JANY Board of Long Island students. Directors. Ms. Crystal Sampson, Partner, Ernst & Young, LLP, serves as Chair of the Proven Success 17-member JANY Associate Board and A 2001 study on JA’s newly enhanced Mr. Eliezer Diaz, Director of Service program experience by Western Institute Delivery and Customer Services at Verizon of Research and Evaluation found that Communications, serves as Chair of the Supervisors of companies where JA 15-member JANY Hispanic Initiative students were employed believed Advisory Council. JA students were competent in the following areas as opposed to students Budget with no JA experience: JANY’s 2007-2008 budget was $4.7 million • Showing initiative generated from corporate contributions, • Being dependable special events revenue, individual gifts and • Showing effort foundation grants. Contributions to JANY, • Working independently a 501(c) 3 not-for-profit organization, are • Possessing self-confidence tax deductible to the full extent allowable • Acting in a professional manner by law. • Appearing professional Student Ambassadors Maria D’Costa and • Possessing knowledge of job duties. Meets Standards of Charity Mary D’Costa (Newcomers High School) job Accountability shadowed Fox 5 meteorologist Mike Woods on the set of “Good Day New York.” JANY participates in the Better Business Bureau (BBB) Charity Seal Program, a symbol to donors that our organization has met the 20 Standards for Charity Accountability. The 20 standards evaluate charities’ financial accountability, governance and oversight, effectiveness measures, fundraising and informational materials.

5 JUNIOR ACHIEVEMENT OF NEW YORK, INC. celebrating success

The June 2008 Celebration event closed the final chapter on a phenomenal year of JANY transforming the lives of New York City and Long Island’s neediest student communities. Celebration is a time for us to bond with, acknowledge Achievers! and pay tribute to our diverse support base. Nearly 200 JANY Board Members, We were excited to pilot a new volunteer volunteers, educational and community incentive and rewards program, designed partners, supporters, JANY staff and for JANY by Developing Minds. Volunteers students gathered together to reflect received raffle tickets for time donated in upon and celebrate our collective support of the JANY mission. The raffle efforts to change the lives of NYC tickets entitled them to win some fabulous and Long Island students. prizes. The more volunteer hours they accumulated, the more chances/raffle tickets This year, JANY’s annual appreciation event they received. The incentive pilot was a hit! was generously hosted by JANY Board Volunteers were motivated and excited by Company Cadwalader, Wickersham & Taft. the prizes and rewards. Prizes included Anré Williams (JANY Board Chair), Doug Yankee Tickets, a family four-pack to Six Schallau (JANY President) and Cadwalader’s Flags Great Adventure and a movie Dennis Block (JANY Board Member) package of tickets and DVDs. JANY thanks welcomed guests and introduced our Developing Minds Founder, Josh Cohen, outstanding Achievers of the year. for helping us to launch such an innovative volunteer recognition model. We look These Achievers were acknowledged for forward to growing the volunteer incentive living the JA mission by demonstrating program in the coming year. excellent leadership, collaboration, integrity, commitment and support. The 2007-2008 Leadership honorees are: Xiang JANY 2007-2008 Educator Partner of the Year, Siow (Stuyvesant High School)—Student Mindy Messinger, is a 4th grade teacher at PS 206 Leader of the Year; Gary Kozlowski (Ernst Joseph F. Lamb Elementary School, Brooklyn. and Young)—Volunteer Leader of the Year; She first welcomed JA into her classroom in 2002. By 2006, Mindy began coordinating JA activities for Mindy Messinger (PS 206, Brooklyn)— multiple grade levels in her school. Because of her Educator Partner of the Year; and Tom efforts, JA lessons were taught to her entire school Bromage (Madison Square Garden Boys during the 2007-08 school year, reaching 1,200 students. In addition, Mindy also organized a and Girls Club)—Community Partner special assembly around the 100th Day of School. of the Year. Each student brought in 100 pennies raising a total of $400. The students donated the money to JANY to express their appreciation. “To be this year’s Educator of the Year is a true honor. Many “I was amazed when I stepped teachers work hard every day into the first classroom— and not many people, or thankful that it wasn’t a large organizations take the time to auditorium full of bored recognize the hard work that faces—to see bright and shiny teachers do. Junior Achievement faces looking and sitting up has added a new dimension to straight. I relaxed a little more when I saw that hands shot up when my my teaching career…” mother or I asked the class a question…This whole experience made me realize that there are kids who are ready to learn new things.” Mindy Messinger 4th Grade Teacher Kiah Thomas PS 206 Joesph F. Lamb 2008 JANY Media Day Volunteer 6 Elementary School Theater Major—Five Towns College, Long Island “73% of teachers said that is it important to have financial literacy academic standards.”

(2007, April 30). Study: Half of U.S. Teachers Use Financial Literacy Content in Class, Inside Indiana Business

“My greatest achievement this year was getting the JANY Business Plan Competition started. It’s inspirational to see young people immerse themselves in a rigorous entrepreneurial thought and creative process where they can learn from the strengths and weaknesses of plans Achievers! developed by their peers!”

Chris Andersen, Founding Partner G. C. Andersen Partners LLC, Sponsor of the JANY Business Plan Competition

2007-2008 JANY PROGRAM IMPACT DATA Geographic Footprint: New York City & Long Island

94,976 Students Served 4,275 Classes Taught 565,145 Volunteer Contact Hours 5,616 Volunteer Instructors 402 School Partners Brooklyn Tech High School graduate, Izra Izrailov with JANY Board Member 87 Community Partner Sites Chris Andersen during a 2008 summer internship at G. C. Andersen Partners. 2,471 Educator Partners 21,110 Students Served by “JA has been a great experience! 1,790 High School Heroes Everything that I have been 64,223 Elementary School Students Served working for has come together this year. I can really see the 14,717 Middle School Students Served pay-off now for working so hard in school.” 16,036 High School Students Served Izra Izrailov Over 800 Students Participated in Brooklyn Tech High School Class of 2008 Entrepreneurship Experiences

5,911 Students Participated in Work Readiness Experiences

7 JUNIOR ACHIEVEMENT OF NEW YORK, INC. serving new york’s neediest

JANY continues to seek opportunities to provide high-impact educational programs and experiences to underserved communities. Achievers! Hispanic business and community JANY enjoyed successful collaborations role models. The Initiative focuses on with corporate and community affinity the importance of staying in school, groups like the Association of Latino bilingualism as a professional and personal Professionals in Finance and asset and the family as an economic unit. Accounting (ALPFA) and the Gaining The program is funded nationally by the Early Awareness and Readiness for Goizueta Foundation and locally by Undergraduate Programs (GEAR-UP!) Verizon Communications, New York initiative at the Bronx Institute, Lehman Life Insurance Company and American College. GEAR-UP, which is funded by the International Group (AIG). The JANY U.S. Department of Education, assists Hispanic Initiative was developed to deliver students from low income communities to JA programming to the NYC and Long Island enter college with six years of support. Hispanic student population by connecting These partnerships were crucial to JANY’s students with successful Hispanic business ability to impact the lives of over 4,000 and community role models. NYC and Long Island Hispanic students.

Gary Kozlowski is JANY’s 2007-2008 Volunteer of the Year. He’s credited with helping to expand Ernst & Young’s volunteer involvement from 26 volunteers in 2006 to nearly 500 volunteers in 2008.

“It’s amazing how the passion of a few can be expanded exponentially to impact so many lives. There’s great satisfaction knowing we’ve made a real difference in influencing future generations to be productive members of the community.” JANY Hispanic Initiative students from MS 324 Patria Middle School Gary Kozlowski Partner, Financial Services explore science and technology at the IBM-sponsored La Familia Ernst & Young, LLP Technology Fair at the NY Hall of Science.

8 communities “Education is not the filling of a pail, but the lighting of a fire.”

W. B. Yeats

JANY’s collaboration with New York JANY summer program partnerships Life Insurance Company and Good grew dramatically. This year JANY partnered Shepherd Services, a leading youth with 10 agencies to provide programming Achievers! development, education and family service for more than 6,000 Summer Youth agency, is another example of a successful Employment Program (SYEP) partnership providing vital economic participants. SYEP provides New York City and career education to underserved youth between the ages of 14 and 21 with communities. Fifteen New York Life summer employment and personal Insurance volunteers implemented an development opportunities. SYEP students exciting after-school program, providing received lessons in financial literacy, 40 Good Shepherd Services’ students with workforce readiness and career exploration the opportunity to experience JA business that aligned skills, interests and values with and economics curricula. This opportunity appropriate education and career paths. included weekly trips to New York Life Insurance Company where students JANY’s youth leadership development experienced the working world. programs, High School Heroes and JANY Student Ambassadors, are the JANY’s summer camp collaborations youngest division of the JANY delivered JA programming to 58 city-wide volunteer corps. High School Heroes camps and programs serving nearly 7,000 provide a vital service of delivering JA elementary and middle school students. financial literacy programs to underserved, These collaborations enable students to outer-borough communities. During the continue learning valuable life skills during 2007-2008 school year, 1,796 High School the summer break by reinforcing academic Heroes delivered financial literacy gains made during the previous school year. programs to more than 21,000 NYC and Long Island elementary students. In return, High School Heroes build positive self- Stuyvesant High School graduate Xiang Siow is the 2007-2008 JANY Student of esteem by contributing to the economic the Year honoree. Xiang is also a former empowerment of future generations, while Student Ambassador. strengthening their own communication, collaboration and presentation skills. “I consider graduating from high school to be my greatest achievement in life so far! As the children got to know me, they began to say they I hope to apply what I have wanted to be like me. Being a good influence on learned from Junior youngsters makes me feel good about myself. Achievement to become a leader in college and in my Francisco DeJesus future beyond college.” JANY High School Hero volunteer Port Richmond High School, Staten Island Xiang Siow Freshman University of Chicago

9 JUNIOR ACHIEVEMENT OF NEW YORK, INC. increasing student impact

For JANY, student impact refers to our ability to reach and change the behavior of the students we serve—particularly those in middle and high school grades. Simply defined, impact is the good that we achieve by inspiring and motivating students to succeed in school and in life.

JANY After-School Business Plan Competition The Power of Collaboration Planting Seeds of Entrepreneurship and Innovation In May 2008, over 300 aspiring High The JANY/Children’s Aid Society (CAS) School student entrepreneurs competed Job Club partnership illustrates the in an nine-week, city-wide JANY Business power of collaboration and innovation. Plan Competition sponsored by G.C. The JANY/CAS Job Club piloted a unique Andersen Partners LLC. The Business customized program implemented at two Plan Competition is an innovative platform middle schools in the Bronx. Student for delivering one of JANY’s core participants received a JA class each competencies—to provide high-impact week during the school day over the entrepreneurship programs and experiences course of the year. that inspire and prepare students to create jobs and wealth in their communities. The Students participated in JA lessons, received students responded brilliantly! Participating homework and were tested to fulfill class students were challenged to develop requirements. A grade was given for the innovative business plans that address a need JA class, which was integrated into in their communities. Each school conducted students’ year-end grade point averages. its own contest supported by a corporate The JANY/CAS Job Club moves us closer to partner. Winning teams competed in the final financial literacy being fully embraced as a competition held at Columbia University Long Island students connect S.M.A.R.T. skills to career opportunities at the 2008 cornerstone educational requirement vital Graduate School of Business. The six JANY and Long Island Works Coalition to the future success of young people. finalist student teams presented their plans to Science, Math, Art, Reading and a group of seven venture capitalists including Technology Expo sponsored by the three JA alums. Thanks to the generous ING Foundation. support of G. C. Andersen Partners, first and second place team members were all awarded college scholarships.

“Winning the business plan competition showed us that entrepreneurship and preparation is rewarded at any level. It has motivated us to take the next step as entrepreneurs and finally start our business.”

Kyle Wong Brooklyn Tech High School 1st Place winning team 2008 JANY Business Plan Competition

10 “In the U.S., 18-24 year olds are starting their own businesses at a faster rate than 35-44 year olds.” D. Fenn, The Making of An Entrepreneurial Generation, (2007, July) Inc.com

Achievers!

The JANY Business Plan Competition’s winning student team from Brooklyn Tech High School with competition guest judges: Top row L-R: Students Charles Naught, Francesco Nuccio, HSBC volunteer advisor Vieng Vongnarath, students Kyle Wong, Awad Sayeed, Izra Izrailov and guest judge Michael Ehrlich, Assistant Professor, NJ Institute of Technology; Bottom row L-R: Fred Nazem, Founding & Managing Partner, Nazem & Company, Anthony Viscogliosi, JANY Board Member/JA Alum & Principal, Viscogliosi Bros., LLC, Sharon Joseph, CEO Harlem Lanes/JA Alum & Columbia Business School Alum, Chris Andersen, JANY Board Middle School student learns how to Member/JA Alum and Founding Partner of the sponsor company, G. C. Andersen Partners LLC, manage personal finances at the Long Tom Blum, Partner, G. C. Andersen Partners LLC. Island-based JA Mobile Finance Park.

Mobile Finance Park National Endowment for Virtual Lessons in Financial Education (NEFE) Real-World Money Management High School Financial Planning Program In the spring of 2008, JANY provided a Raising Students Money Management IQ “Today was a major wake- dynamic interactive experience to middle This past year, Junior Achievement school students—JA Mobile Finance Park. partnered with the National Endowment up call for the adult life Built from the framework of a former for Financial Education (NEFE) to offer ahead of me. It was scary. storefront, a miniature city was born. a fresh, new financial literacy program to Now I am even more Presented by sponsor Capital One, Mobile high school students. Junior Achievement motivated to go to college.” Finance Park gives students an opportunity Presents: The NEFE High School to spend an entire day making critical Financial Planning Program introduces Deron Alexander choices about saving, spending and students to the importance of making wise JA Finance Park student charitable giving. More than 800 middle financial choices. Funded in part by a MS 101, Bronx school students from New York City and generous grant from the AIG Financial Long Island participated. Literacy Fund, NEFE programs will be delivered to more than 26,000 NYC and Long Island teens over a three-year period.

11 JUNIOR ACHIEVEMENT OF NEW YORK, INC. increasing resources

Increasing resources depends on JANY’s ability to seek, inspire and mobilize like-minded individuals who share our passion and vision to transform the lives of young people. JA programs bridge the gap between school and work by arming students with the knowledge and skills necessary for success in the 21st Century global economy.

From Success to Significance “We wanted to give our family a In June 2008, William G. and Virginia T. concrete example of making a Halbert transformed their personal success to a legacy of significance with difference in the lives of young a $1 million endowment gift to support people by being willing to make JANY’s focus on entrepreneurship a commitment. We hope that education. Without a doubt, the Halberts they will be inspired to make are achievers and their generosity will inspire future generations of achievers. philanthropy a family tradition. This is our dream, and the sharing William and Virginia were moved to action of it is writing the most rewarding by their need to make a difference in the lives of urban youth. Where some see chapter of our lives…” hopelessness, William and Virginia choose The Halbert’s generous investment in the to see potential. By making such a generous William G. and Virginia T. Halbert at the 2008 commitment, they also hope to create a potential of NYC students is a powerful JANY Science, Math, Art, Reading & Technology legacy of giving in their family. William gift of inspiration driven by their vision (S.M.A.R.T.) Expo. spoke with passion about his desire to to inspire and prepare young people to enrich his family with the gift of giving. succeed in a global economy. The constant demand for volunteer resources has opened up new opportunities Innovative Solutions for for our partners to increase employee Driving Volunteer Recruitment volunteer recruitment. The Corporate The leadership and governance provided Summer Associate Initiative (CSA) by JANY Board Members and strategic is an example of applying innovative relationships with our corporate partners, solutions to drive volunteer cultivation. CSI are a powerful resource engine. JANY was pioneered successfully by companies recognizes the importance and value of like Ernst & Young, KPMG, Credit Suisse cultivating volunteer role models who reflect and PricewaterhouseCoopers. Due to the diverse heritage and life experiences of their collective efforts, a record number the students we serve. By providing access of corporate interns—more than 450— to employee networks and affinity groups, volunteered to deliver JA summer our corporate partners enable us to cultivate workshops to schools and summer a diverse and dedicated volunteer network. camp sites throughout NYC.

“There is more talent in this city than any other. Helping kids acquire entrepreneurial skills offers them hope that hard work will produce a payoff for them. And when it does, we all benefit from an improved society.”

William G. Halbert

12 increasing awareness

JANY understands that leadership begins and ends with mission, values and vision: who we are, what we stand for and how we conduct our business. It is crucial that we continue to develop, pursue and effectively promote financial literacy, entrepreneurship and workforce readiness education as keys to success in life.

High-impact programs and experiences Tapping New Volunteer Resources JANY Alumni Initiative bring together vast numbers of NYC and Alternative Spring Break for Building a Dynamic and Long Island students and volunteers. We Life-Changing Experiences Engaged Alumni Community can encourage a broader audience to get In March 2008, 13 students from the We’re excited by the advancements made involved in addressing the educational needs University of Missouri-Columbia (UMC) to cultivate and develop an active and of our children by sharing student and were inspired to take an alternative spring engaged alumni network. JANY’s Alumni volunteer success stories and best practices. break. They chose to spend their vacation Initiative was launched a year ago to volunteering to make a difference in the identify, re-engage and cultivate former JA Inspired Leadership lives of NYC students. They were students residing in NYC and Long Island. Leveraging Knowledge, Skill, partnered with a new middle school— The JANY Alumni community is a vast, Desire and Opportunity Hyde Leadership Charter School. One multi-generational pool of accomplished Hugo Balta, Telemundo Vice President hundred and seventy 6th and 7th graders people who credit JA for developing their of News and News Director, understands received lessons in financial literacy. UMC potential to succeed. the persuasive power of reputation, image students also shared valuable career advice and visibility. Hugo serves on the JANY with the middle schoolers and encouraged Since the launch of the alumni outreach Hispanic Initiative Advisory Council them to go to college. Later on in the project, we’ve successfully engaged the along with 15 other high profile Hispanic spring, another college student group from JANY Associate Board to spearhead the business, education and community leaders. Longwood University in Farmdale, initiative. We’ve grown the JANY Alumni Hugo’s leadership led to some wonderful Virginia travelled to NYC to teach database to more than 300 members, visibility opportunities for JANY. Telemundo financial literacy skills to over 300 Bronx and we’ve developed an exciting plan to produced a Spanish language volunteer and Brooklyn elementary school students. leverage the web as an alumni engagement recruitment PSA featuring News Anchor Meghan Whitaker, Vice President tool. Former students will be able to Jorge Ramos, which aired in January 2008. and group leader for Longwood’s network, share their JA experiences and In addition, their employees hosted Alternative Spring Break Program they’ll have opportunities to get involved. Hispanic Job Shadow students. spoke positively about her group’s A dynamic and actively engaged alumni volunteer experience in New York City. base is central to JANY’s ability to ensure Hugo’s commitment and leadership inspired that volunteer and funding resources keep Telemundo’s network affiliate, WNBC-TV, “I worked with a partner to pace with the demand for our programs. to produce and air a Job Shadow host organize a trip to New York recruitment PSA later in the spring. The PSA featured Chris Cimino, WNBC Today in City…to work with a program New York meteorologist, and JANY called Junior Achievement. Student Ambassadors. Both PSAs motivated I knew working with these students, parents, educators, alumni and local businesses to reach out and reconnect kids would be rewarding and with Junior Achievement. educational. It is definitely an experience I will never forget.”

We hope both of these student groups’ JA experiences have opened up the possibility of other students taking an active role in their communities.

JANY Student Ambassador, Nicole Suissa explores careers JANY Student Ambassadors visit the in broadcasting with JA Alum WNBC-TV “Today in New York” set as Bill Evans—Channel 7, Eye- part of the JA Job Shadow program. witness News meteorologist. 13 JUNIOR ACHIEVEMENT OF NEW YORK, INC. board of directors

EXECUTIVE COMMITTEE Vice Chair MEMBERS Phillip K. Lynch Board Chair (Board Member since 2002) Pervez Bamji Anré Williams Chief Executive Officer (Board Member since 2005) (Board Member since 2002) Asset Control General Auditor President, Global Commercial Card Pitney Bowes Inc. American Express Company Vice Chair Maura Markus Marie-Claire Barker Douglas E. Schallau (Board Member since 2000) (Board Member since 2008) (Serving JA since 1978) Executive Vice President Senior Partner President Head of International Retail Banking Executive Vice President Junior Achievement of New York, Inc. Global Consumer Group Human Resources Worldwide Citi OgilvyOneWorldwide Secretary Peter K. Ingerman Vice Chair Kevin Barr (Board Member since 1998) Dr. H.C. Anthony G. Viscogliosi (Board Member since 2005) Partner (Board Member since 2001) Senior Vice President, Human Resources Chadbourne & Parke LLP Principal Terex Corporation Viscogliosi Bros., LLC Treasurer and John Benevento Chair of the Audit Committee (Board Member since 2006) H Ronald Weissman Senior Vice President (Board Member since 1981) BOARD CHAIR’S Washington Mutual Senior Partner ADVISORY COUNCIL Ernst & Young, LLP Andy Berndt Arnold J. Eckelman (Board Member since 2007) Vice Chair (Board Member since 1992) Managing Director of Creative Lab G. Chris Andersen Senior Vice President Operations (Retired) Google Inc. (Board Member since 2004) Verizon Communications, Inc. Founding Partner Dennis J. Block G.C. Andersen Partners, LLC Sue Herera (Board Member since 2005) (Board Member since 2001) Partner Vice Chair Anchor, “Power Lunch” Cadwalader, Wickersham & Taft LLP Peggy Fechtmann CNBC (Board Member since 2001) Charles Borrok Executive Vice President Ron Insana (Board Member since 2005) Individual Business Operations & Services (Board Member since 1994) Vice Chairman MetLife Founder and Managing Director Cushman & Wakefield Insana Capital Partners Vice Chair Louis J. Briskman Leslie Godridge William Janetschek (Board Member since 2007) (Board Member since 2003) (Board Member since 1999) Executive Vice President and Executive Vice President Chief Financial Officer General Counsel US Bank Kohlberg Kravis Roberts & Co. CBS Corporation

Vice Chair David Shedlarz Frank Comerford Peter Kirn (Board Member since 1993) (Board Member since 2006) (Board Member since 2002) Vice Chairman (Retired) President, Platform Development and Partner Pfizer Inc. Commercial Operations Accenture WNBC-TV

Kenneth Daly (Board Member since 2006) Chief Financial Officer Global Gas Distribution National Grid

David Dew (Board Member since 2008) Chief Operating Officer HSBC Bank USA, N.A.

14 JANY Board Members L-R: (i) Dennis Block at the 2008 JANY Celebration event; (ii) Kenneth Daly accepts a donation to JANY from PS 206 Joseph F. Lamb Elementary School students in Brooklyn; (iii) Eddie Bayardelle, VP, Educational Programs-Corporate Responsibility, Merrill Lynch, Carole Anne Riddell, WNBC Education Reporter and JANY Board Member, Sam Chapin at the JANY Stock Market Challenge; (iv) Maura Markus congratulates JA Banks In Action program students; (v) Chris Andersen welcomes Graham Spanier, Penn State President and JA Alum to a JANY Board meeting.

Michael Duda Tom Maguire Richard J. Poccia (Board Member since 2006) (Board Member since 2006) (Board Member since 1996) Chief Corporate Strategy Officer Senior Vice President Partner Deutsch Inc. Verizon Communications, Inc. PricewaterhouseCoopers LLP

Joseph Duggan (Ex officio) Victor A. Malanga Neil Radey (Board Member since 2008) (Board Member since 2008) (Board Member since 2004) Partner Executive Vice President and Managing Director and KPMG LLP Worldwide Chief Financial Officer Global General Counsel Edelman Securities Division James Flanagan Credit Suisse (Board Member since 2002) Nanette Malebranche Partner (Board Member since 2006) Sharon Rowlands PricewaterhouseCoopers LLP Managing Director, Long Island District (Board Member since 2006) FedEx Express Former Chief Executive Officer Steve Frank Thomson Financial (Board Member since June 2005) Peter Marchetto Board Director, ADP Vice Chairman Investment Banking and (Board Member since 1995) Co-Head Global Healthcare Former-Chief Executive Officer, Americas Paul Schreiber J. P. Morgan Securities Inc. Bovis Lend Lease LMG, Inc. (Board Member since 2005) Partner Nancy Gardner Lisa Martin Shearman & Sterling LLP (Board Member since 2006) (Board Member since 2008) Executive Vice President and Senior Vice President Mark Shapiro General Counsel Worldwide Procurement (Board Member since 2008) Thomson Reuters Pfizer Inc President and Chief Executive Officer Six Flags, Inc. Gary Goldstein Aldo Martinez (Board Member since 2006) (Board Member since 2007) Marc Sheinbaum Chairman and Chief Executive Officer Vice President (Retired) (Board Member since 2007) Whitney Group New York Stock Exchange Regulation, Inc. Senior Vice President and Chief Executive Officer Steve Hasker Bruce C. Miller Chase Auto and Education Finance (Board Member since 2008) (Board Member since 2007) JPMorgan Chase & Co. Partner Executive Vice President McKinsey & Company The Bank of New York Mellon Corporation Steve P. Sonnenberg, Esq. (Board Member since 2007) Michele F. Imbasciani Kenneth Newman Partner (Board Member since 2003) (Board Member since 2003) Paul, Hastings, Janofsky & Walker LLP Senior Vice President, Region Executive Senior Vice President Banco Popular, NY Metro Region Eastern Regional Counsel Bob Tone The Walt Disney Company (Board Member since 2003) Karen Jamesley Divisional Vice President (Board Member since 2006) Theodore E. Niedermayer Best Buy Co., Inc. Global Head of Human Resources (Board Member since 2008) Morgan Stanley Managing Director Kimberly A. Wagner, PhD Merrill Lynch (Board Member since 2004) Ami Kaplan Senior Partner and (Board Member since 2007) David Obstler Managing Director Deputy Managing Partner, Northeast Region (Board Member since October 2002) The Boston Consulting Group Deloitte & Touche LLP Chief Financial Officer RiskMetrics Group Doug Worman John Keogh (Board Member since 2006) (Board Member since 2004) Gavin G. O’Connor President and Chief Executive Officer Chief Executive Officer (Board Member since October 2008) AIG – Excess Casualty Group ACE Overseas General Chief Administration Officer Investment Management Division Joanne Zaiac Stephen Liguori Goldman Sachs & Co. (Board Member since 2005) (Board Member since 1998) President Chief Marketing Officer Digitas, New York GE Money, Americas

15 JUNIOR ACHIEVEMENT OF NEW YORK, INC. associate board

The JANY Associate Board is composed of select, emerging executive business leaders. Associate Board Members sharpen their philanthropic and leadership skills by providing executive and strategic project resource assistance. During the 2007-2008 fiscal year, the Associate Board’s achievements have been focused on volunteer recruitment, fundraising and contributing strategic guidance for the JANY Alumni Initiative.

ASSOCIATE BOARD CHAIR

Crystal L. Sampson Partner Ernst & Young, LLP

ASSOCIATE BOARD MEMBERS

Jeff Arestivo Cindy Gavin Michael Poveda Chief Administration Officer Partner Partner Citibank, N.A. PricewaterhouseCoopers LLP Deloitte & Touche LLP

Christopher Burke Brian Keenan Eric Scheer Managing Director Director, Finance Company Executive Collaborations, Inc. Pfizer Inc Eric L. Scheer, CPA

Patti Darwin Keith Kochie Michael Schoenhaut Marketing Specialist Manager, Cash Management Vice President, Asset Management American International Companies Barclay’s Capital JPMorgan Chase & Co.

Linda Foley Sophia Lundberg Brian Varga Director, Individual Business Operations Vice President Director of Technical Learning MetLife Information and Decision Capabilities National Grid American Express Company Kale Gaddy Shaneequa Wright Senior Interactive Media Specialist John Paguaga Public Affairs Manager McKinsey & Company First Vice President Strategic Partnerships HSBC Bank USA, N.A. Consolidated Edison Co.

“I feel very fortunate to be part of JA. My experience has changed my life for the better. JA is the reason why ‘America the land of opportunity’ is still true. You guys really instill in us that hard work and education will lead us to a better life.” Jennifer Min, JA Alum Senior, NYU Stern School of Business

16 hispanic initiative advisory council

JANY’S Hispanic Initiative Advisory Council (HIAC) is comprised of high profile Hispanic NYC business, education and community leaders who are committed to the economic empowerment of young people in NYC and Long Island Hispanic communities.

HISPANIC INITIATIVE ADVISORY COUNCIL CHAIR

Eliezer Diaz Director of Service Delivery and Customer Services Verizon Communications, Inc.

ADVISORY COUNCIL MEMBERS

Robert Abreu Aldo Martinez Vice President Vice President (Retired) Global Leadership and Diversity New York Stock Exchange Regulation, Inc. Goldman Sachs & Co. Dr. Herminio Martinez, PhD Lucia Ballas-Traynor Executive Director and Professor of Publisher Middle and High School Education People en Español hosts JANY Job People en Español The Bronx Institute, Lehman College Shadow students as part of the JANY Hispanic Initiative program. Hugo Balta Xavier Romeu, Esq. Vice President of News and News Director Senior Counsel WJNU/Telemundo 47 New York Stock Exchange

Dr. Luisa Costa-Garro, PhD Eddie Silverio Professor Director of Youth Services Bank Street College of Education Alianza Dominicana

Maria Diaz Cid Wilson Senior Vice President and Director of Equity Research Principal Legal Counsel Kevin Dann and Partners LLC Thomson Reuters Honorable Adolfo Carrión, Jr.* Rodrigo Garza Borough President Vice President Bronx Borough, City of New York Banorte Securities Honorable Lorraine Cortés-Vázquez* Rosarie P. Jean Secretary of State Principal New York State IS 195

*Ex Officio

An MS 324 Patria Middle School student explores career opportunities in science and technology at the NY Hall of Science.

17 JUNIOR ACHIEVEMENT OF NEW YORK, INC. corporate/school partnerships

JANY has fine-tuned the art of brokering productive and mutually beneficial relationships. Our school and business partners understand that in a global economy, an economically stable and educated workforce is critical to increasing productivity and fostering innovation. Strategic alliances between schools and businesses provide free curricula, volunteers and funding resources vital to our student communities. We thank our corporate, community and school partners for creating bridges to future economic and career success for young people.

NEW YORK CITY PARTNERSHIPS Company School Borough/County Amerada Hess Corporation PS 129 John H. Finely Elementary School Manhattan 1 Partnership

American Express Company Urban Assembly School of Business for Young Women Manhattan 1 Partnership

American International Group Manhattan Bridges High School Manhattan 2 Partnerships Metropolitan Corporate Academy High School Brooklyn

AT&T St. Christopher School Staten Island 1 Partnership

Banco Popular St. Joseph High School Brooklyn 1 Partnership

Bear Stearns & Co. Inc. PS 071 Rose E. Scala Elementary School Bronx 1 Partnership

Black Rock Financial Management, Inc. Baruch College Campus High School Manhattan 2 Partnerships PS 198 Isador E. Ida Straus Elementary School Manhattan

Cadwalader Wickersham & Taft LLP The High School for Public Service Brooklyn 1 Partnership

CIT Group Inc. PS 249 The Caton Elementary School Brooklyn 1 Partnership

Citi Cathedral High School Manhattan 5 Partnerships High School of Economics & Finance Manhattan High School of Graphic Communication Arts Manhattan Long Island City High School Queens PS 166 Henry Gradstein Elementary School Queens

Cogswell Realty Group, LLC PS 154 Harriet Tubman Elementary School Manhattan 1 Partnership

18 “Individually, we are one drop. Together, we are an ocean.”

Ryunosuke Satoro

Company School Borough/County Credit Suisse Baruch College Campus High School Manhattan 3 Partnerships PS 185 John M. Langston Elementary School Manhattan PS 208 Alain L. Locke Elementary School Manhattan

Deloitte & Touche, LLP PS 035 Franz Siegel Elementary School Bronx 4 Partnerships PS 098 Shorac Kappock Elementary School Manhattan PS 212 Queens Elementary School Queens PS 249 The Caton Elementary School Brooklyn

Digitas, New York Brooklyn Preparatory High School Brooklyn 2 Partnerships The Epiphany School Manhattan

Ernst & Young, LLP Bedford Academy High School Brooklyn 7 Partnerships PS 002 Meyer London Elementary School Manhattan PS 018 John Peter Zenger Elementary School Bronx PS 230 Doris L. Cohen Elementary School Brooklyn IS 195 Roberto Clemente Middle School Manhattan MS 247 Dual Language Middle School Manhattan MS 862 Mott Hall II Middle School Manhattan

Goldman Sachs & Co. Our Lady of Sorrows School Manhattan 3 Partnerships Sacred Heart Primary School Bronx Transfiguration School Manhattan

HSBC Bank USA, N.A. Brooklyn Technical High School Brooklyn 4 Partnerships PS 072 Manhattan Elementary School Manhattan PS 095 The Gravesend Elementary School Brooklyn PS 282 Park Slope Elementary School Brooklyn

KPMG LLP Art & Design High School Manhattan 5 Partnerships Corpus Christi School Queens PS 071 Forest Elementary School Queens PS 101 Andrew Draper School Manhattan PS 161 Pedro Albizu Campos Elementary School Manhattan

“81% of students who dropped out stated that if schools provided opportunities for real-world learning (internships, service learning projects, and other opportunities), it would improve students' chances of graduating from high school.” Bridgeland, J.M., DiIulio Jr., J.J., & Morison, K.B. (2006, March), The Silent Epidemic: Perspectives of High School Dropouts 19 JUNIOR ACHIEVEMENT OF NEW YORK, INC. corporate/school partnerships

Company School Borough/County McKinsey & Company, Inc. PS 071 Rose E. Scala Elementary School Bronx 1 Partnership

MetLife Newcomers High School Queens 2 Partnerships PS 112 Dutch Kills Elementary School Queens

Morgan Stanley PS 249 The Caton Elementary School Brooklyn 1 Partnership

Nara Bank PS 002 Alfred Zimberg Elementary School Queens 1 Partnership

National Grid Brooklyn Technical High School Brooklyn 3 Partnerships PS 206 Joseph F. Lamb Elementary School Brooklyn PS 277 Gerritsen Beach Elementary School Brooklyn

NBC Universal KIPP Infinity Charter Middle School Manhattan 1 Partnership

OgilvyOne Worldwide PS 282 Park Slope Elementary School Brooklyn 1 Partnership

Oliver Wyman PS 192 Brooklyn Elementary School Brooklyn 1 Partnership

Pfizer Inc PS 034 Franklin D. Roosevelt Manhattan 2 Partnerships PS 142 Amalia Castro Elementary School Manhattan

PricewaterhouseCoopers, LLP Bronx Writing Academy Middle School Bronx 9 Partnerships Jacqueline Kennedy Onassis High School Manhattan St. Roch School Staten Island PS 001 Courtlandt Elementary School Bronx PS 009 Ryer Avenue Elementary School Bronx PS 019 The Curtis Elementary School Staten Island PS 030 Westerleigh Elementary School Staten Island PS 071 Rose E. Scala Elementary School Bronx PS 276 Louis Marshall Elementary School Brooklyn

“Just before we said our goodbyes, Lance (a student) asked the teacher if he could say a few words to us in front of the class. He thanked us for being there, for being ‘nice people,’ and for noticing him and for giving him credit. We were truly moved!”

Art Jurakhan Corporate Volunteer TIAA-CREF 20 30,283 students served through JANY corporate/school partnerships!

Company School Borough/County The Boston Consulting Group PS 085 The Judge Charles Vallone Elementary School Queens 1 Partnership

The Siegfried Group PS 212 Queens Elementary School Queens 1 Partnership

Thomson Reuters Cobble Hill School of American Studies High School Brooklyn 3 Partnerships PS 002 Meyer London Elementary School Manhattan IS 195 Roberto Clemente Middle School Manhattan

TIAA-CREF Harbor Charter School Manhattan 1 Partnership

Trinsum Group PS 198 Isador E. Ida Straus Elementary School Manhattan 1 Partnership

Verizon Communications, Inc. JHS 143 Eleanor Roosevelt Middle School Manhattan 1 Partnership

Washington Mutual PS 206 Joseph F. Lamb Elementary School Brooklyn 4 Partnerships PS 018 John Greenleaf Whittier Elementary School Staten Island PS 166 Henry Gradstein Elementary School Queens PS 246 Poe Center Elementary School Bronx

LONG ISLAND PARTNERSHIPS Company School Borough/County Citi Our Lady of Lourdes School Nassau 1 Partnership

FedEx Express East Meadow High School Nassau 3 Partnerships Martin Avenue Elementary School Nassau Wantagh Elementary School Nassau

JP Morgan Chase/Chase Auto Finance Hempstead High School Nassau 3 Partnerships Jackson Annex Elementary School Nassau Ludlum Elementary School Nassau

National Grid John F. Kennedy Elementary School Suffolk 3 Partnerships Riley Avenue Elementary School Suffolk W. Tresper Clarke Middle School Nassau

Washington Mutual PS 206 Joseph F. Lamb Elementary School Brooklyn 3 Partnerships PS 018 John Greenleaf Whittier Elementary School Staten Island PS 166 Henry Gradstein Elementary School Queens

Total NYC Corporate/School Partnerships: 79 Total Long Island Corporate/School Partnerships: 13 Total Corporate/School Partnerships: 92

21 JUNIOR ACHIEVEMENT OF NEW YORK, INC. school partners

MANHATTAN Middle Schools High School for Law & Public Service Elementary Schools KIPP Infinity Charter Middle School High School for Leadership & Public Service Amber Charter School KIPP Star College Prep Charter Middle School Jacqueline Kennedy Onassis High School Harlem Day Charter School IS 195 Roberto Clemente Middle School John V. Lindsay Wildcat Academy PS 001 Alfred E. Smith Elementary School JHS 045 John S. Roberts Middle School Charter School PS 002 Meyer London Elementary School JHS 054 Booker T. Washington Middle School Legacy School for Integrated Studies PS 003 John Melser Charrette Elementary JHS 143 Eleanor Roosevelt Middle School Manhattan Comprehensive Night & Day School MS 247 Dual Language Middle School High School PS 005 Ellen Lurie Elementary School MS 256 Academic & Athletic Excellence Marta Valle Secondary School PS 011 William T. Harris Elementary School Middle School Murry Bergtraum High School for PS 019 Asher Levy Elementary School MS 324 Patria Middle School Business Careers PS 036 Margaret Douglas Elementary School MS 862 Mott Hall II Middle School Norman Thomas High School PS 042 Benjamin Altman Elementary School St. Agnes Boys High School PS 063 William McKinley Elementary School K-8 Schools Stuyvesant High School PS 072 Manhattan Elementary School The Epiphany School Urban Assembly School of Business PS 084 Lillian Weber Elementary School Harbor Charter School for Young Women PS 092 Mary McCleod Bethune Holy Name Jesus School Washington Irving High School Elementary School Our Lady of Pompeii School PS 098 Shorac Kappock Elementary School Our Lady of Sorrows School PS 110 Florence Nightingale St. Gregory the Great School BROOKLYN Elementary School Transfiguration School Elementary Schools PS 115 Alexander Humboldt IS 528 Bea Fuller Rodgers School PS 008 Robert Fulton Elementary School Elementary School PS 034 Franklin D. Roosevelt School PS 011 Purvis J. Behan Elementary School PS 116 The Mary Lindley Murray PS 101 Andrew Draper School PS 016 Leonard Dunkly Elementary School Elementary School PS 111 Adolph S. Ochs School PS 018 Edward Bush Elementary School PS 124 Yung Wing Elementary School PS 140 Nathan Straus School PS 020 Clinton Hill Elementary School PS 129 John H. Finely Elementary School PS 184 Shuang Wen School PS 023 Carter C. Woodson Elementary School PS 142 Amalia Castro Elementary School PS 025 Eubie Blake Elementary School PS 153 Adam Clayton Powell K-12 Schools PS 034 Oliver H. Perry Elementary School Elementary School The Child School & Legacy High School PS 038 The Pacific Elementary School PS 154 Harriet Tubman Elementary School New Explorations into Science, PS 091 The Albany Avenue Elementary School PS 158 Bayard Taylor Elementary School Technology & Math High School PS 092 Adrian Hegeman Elementary School PS 161 Pedro Albizu Campos PS 095 The Gravesend Elementary School Elementary School High Schools PS 100 The Coney Island Elementary School PS 165 Robert E. Simon Elementary School Art & Design High School PS 105 Blythebourne Elementary School PS 166 The Richard Rogers School of the Baruch College Campus High School PS 106 Edward Everett Hale Elementary School Arts & Technology Elementary School Cathedral High School PS 110 Monitor Elementary School PS 173 Manhattan Elementary School City-As-School High School PS 138 Brooklyn Elementary School PS 175 Henry H. Garnet Elementary School East Side Community High School PS 151 Lyndon B. Johnson Elementary School PS 183 Robert L. Stevenson Fiorello H. LaGuardia High School of PS 170 Lexington Elementary School Elementary School Music & Art and Performing Arts PS 188 Michael E. Berdy Elementary School PS 185 John M. Langston Elementary School The Heritage High School PS 192 Brooklyn Elementary School PS 191 Amsterdam Elementary School High School for Dual Language & Asian PS 200 Benson Elementary School PS 194 Countee Cullen Elementary School Studies PS 205 Clarion Elementary School PS 198 Isador E. Ida Straus Elementary School High School of Economics & Finance PS 206 Joseph F. Lamb Elementary School PS 199 Jessie Isador Straus Elementary School High School of Graphic Communication Arts PS 215 Morris H. Weiss Elementary School PS 208 Alain L. Locke Elementary School High School of Hospitality Management PS 217 Colonel David Marcus PS 212 Midtown West School Elementary School Elementary School

22 401 NYC and Long Island School Partners!

PS 226 Alfred De B. Mason Cobble Hill School of American Elementary School Studies High School PS 230 Doris L. Cohen Elementary School Edward R. Murrow High School PS 241 Emma L. Johnston Enterprise, Business & Technology Elementary School High School Achievers! PS 243 Weeksville Elementary School George Westinghouse Career & Technical PS 249 The Caton Elementary School Education High School PS 250 George H. Lindsay High School for Public Service/Heroes Elementary School of Tomorrow PS 253 Brooklyn Elementary School High School for Service & Learning PS 254 Dag Hammarskjold Elementary School High School of Telecommunications, PS 262 El Hajj Malik El Shabazz Arts & Technology Elementary School John Dewey High School PS 269 Nostrand Elementary School Lafayette High School PS 276 Louis Marshall Elementary School Medgar Evers College Preparatory School PS 277 Gerritsen Beach Elementary School Metropolitan Corporate Academy PS 282 Park Slope Elementary School Paul Robeson High School PS 298 Dr. Betty Shabazz Elementary School Samuel J. Tilden High School PS 327 Dr. Rose B. English Elementary School Science Skills Center High School for Science, PS 335 Granville T. Woods Elementary School Technology & the Creative Arts PS 346 Abe Stark Elementary School Sheepshead Bay High School St. Joseph High School Middle Schools Torah Academy High School IS 347 School of Humanties Middle School IS 349 Math Science & Technology Middle School BRONX JHS 166 George Gershwin Middle School Elementary Schools JHS 220 John J. Pershing Middle School The School of Science & Applied Learning MS 002 Brooklyn Middle School PS 001 Courtlandt Elementary School MS 336 Urban Assembly Academy of PS 009 Ryer Avenue Elementary School Business & Community Development PS 011 Highbridge Elementary School Long Island High School Hero student PS 018 John Peter Zenger Elementary School from Riverhead High School teaches K-8 Schools PS 028 Mount Hope Centennial financial literacy to Aquebogue Beginning With Children Charter School Elementary School Elementary School students. Trey Whitfield School PS 035 Franz Siegel Elementary School PS 043 Jonas Bronck Elementary School High Schools PS 053 Basheer Quisim Elementary School “My experience with Junior Academy for Environmental Leadership High School Achievement has been such a Academy of Hospitality & Tourism blessing. These kids look up to High School Arts & Media Preparatory Academy us. I think the best part is at the High School end of the day where you sit Bedford Academy High School with them to color and they Boys & Girls High School Brooklyn Academy of Science & the come up to you with pictures Environment High School they drew for you. It’s hard Brooklyn Preparatory High School Brooklyn Technical High School saying you won’t come back the next day when you really want to."

Jully Araujo JANY High School Hero Port Richmond High School Staten Island

23 JUNIOR ACHIEVEMENT OF NEW YORK, INC. school partners

PS 058 Bronx Elementary School High Schools PS 203 Oakland Gardens Elementary School PS 064 Pura Belpre Elementary School Academy for Scholarship & PS 212 Queens Elementary School PS 071 Rose E. Scala Elementary School Entrepreneurship High School PS 214 Cadwallader Colden PS 079 Creston Elementary School Bronx High School of Science Elementary School PS 086 Kingsbridge Heights Bronx Leadership Academy High School PS 229 Emanuel Kaplan Elementary School Elementary School Bronx School of Law & Finance PS 239 Elementary School PS 088 S. Silverstein Little Elementary School High School PS 251 Queens Elementary School PS 109 Sedgwick Elementary School Harry S. Truman High School PS 126 Dr. Marjorie H. Dunbar High School of Computers & Technology Middle Schools Elementary School New School for Arts & Science IS 010 Horace Greeley Middle School PS 130 Abram Stevens Hewitt IS 073 Frank Sansivieri Intermediate School Elementary School IS 077 Middle School PS 153 Helen Keller Elementary School QUEENS IS 093 Ridgewood Middle School PS 160 Walt Disney Elementary School Elementary Schools IS 126 Albert Shanker School of Visual & PS 246 Poe Center Elementary School Merrick Academy Charter Elementary School Performing Arts Middle School PS 002 Alfred Zimberg Elementary School IS 204 Oliver Wendell Holmes Middle School Middle Schools PS 011 Kathryn Phelan Elementary School IS 237 Rachel Carson Middle School Academy of Applied Mathematics & PS 012 James B. Colgate Elementary School JHS 194 William Carr Middle School Technology PS 014 Fairview Elementary School MS 072 Catherine & Count Basie Middle School Bronx Writing Academy Middle School PS 033 Edward M. Funk Elementary School MS 158 Marie Curie Middle School KIPP Academy Charter School PS 050 Talfourd Lawn Elementary School MS 210 Elizabeth Blackwell Middle School Urban Assembly School for Wildlife PS 051 Queens Elementary School Conservation PS 054 Hillside Elementary School K-8 Schools IS 181 Pablo Casals Middle School PS 071 Forest Elementary School Corpus Christi School IS 254 Middle School PS 080 Thurgood Marshall Magnet Goldie Maple Academy JHS 045 Thomas C. Giordano Middle School Elementary School Our Lady of the Snows School JHS 125 Henry Hudson Middle School PS 081 Jean Paul Richter Elementary School Our Lady Queen of Martyrs School JHS 142 John Philip Sousa School PS 085 The Judge Charles Vallone MS 201 The School for Theater, Arts Elementary School High Schools & Research PS 086 Queens Elementary School Aviation Career & Technical Education MS 206 Ann Mersereau Middle School PS 088 Seneca Elementary School High School MS 223 The Laboratory School of Finance PS 091 Richard Arkwright Elementary School Benjamin N. Cardozo High School & Technology PS 102 Bayview Elementary School Flushing High School MS 343 Academy of Applied Mathematics PS 112 Dutch Kills Elementary School Forest Hills High School & Technology PS 115 Glen Oaks Elementary School George Washington Carver High School PS 117 Joyce Keld/Briarwood for the Sciences K-8 Schools Elementary School Grover Cleveland High School Sacred Heart Primary School PS 131 Abigail Adams Elementary School Hillcrest High School PS 003 Raul Julia Micro Society School PS 135 The Bellaire Elementary School High School for Construction, Trades, PS 037 Multiple Intelligence School PS 146 Howard Beach Elementary School Engineering & Architecture PS 095 Sheila Mencher School PS 149 Christa McAuliffe Elementary School Information Technology High School PS 214 Bronx School PS 150 Queens Elementary School Long Island City High School PS/IS 218 Rafael Hernandez Dual Language PS 152 Gwendolyn Alleyne Elementary School Martin Van Buren High School Magnet School PS 166 Henry Gradstein Elementary School Newcomers High School PS 173 Fresh Meadows Elementary School Queens Preparatory Academy High School K-12 Schools PS 176 Cambria Heights Elementary School Queens Vocational & Technical High School Hyde Leadership Charter School PS 197 Ocean Elementary School Richmond Hill High School PS 201 Kissena Elementary School

“Dear volunteers, I am very thankful for your hard work. Thank you for giving me knowledge of the corporate world.”

Carlos Gonzalez MS 080 visit to PwC 24 “Approximately half of U.S. K-12 teachers incorporate some type of financial literacy content into their classroom instruction.”

(2007, April 30). Study: Half of U.S. Teachers Use Financial Literacy Content in Class, Inside Indiana Business

Robert F. Wagner, Jr. Secondary School for Homestead Primary School Roosevelt Middle School Arts & Technology Idle Hour Elementary School Sachem Middle School The Academy of Finance & Enterprise Jackson Annex Elementary School Sayville Middle School High School Jefferson Primary School Seneca Middle School Townsend Harris High School John F. Kennedy Elementary School W. Tresper Clarke Middle School William Cullen Bryant High School John P. McKenna Elementary School Wantagh Middle School Laurel Park Elementary School William Paca Middle School Lockhart Elementary School Woodland Middle School STATEN ISLAND Locust Primary School Ludlum Elementary School Elementary Schools K-8 Schools Martin Avenue Elementary School PS 005 Huguenot Elementary School Our Lady of Lourdes School Meadow Elementary School PS 018 John Greenleaf Whittier Our Lady of Perpetual Help School Mills Pond Elementary School Elementary School Mount Sinai Elementary School PS 019 The Curtis Elementary School K-12 Schools Nassakeag Elementary School PS 020 Port Richmond Elementary School Greenport School Nathaniel Woodhull Elementary School PS 021 Margaret Emery-Elm Park Nesconset Elementary School Elementary School High Schools Oakwood Primary Center PS 030 Westerleigh Elementary School Baldwin Senior High School Ocean Avenue Elementary School PS 054 Charles W. Leng Elementary School Calhoun High School Oceanside School #5 Commack High School Phillips Avenue Elementary School Division Avenue High School K-8 Schools Raymond J. Lockhart Elementary School St. Christopher School East Islip High School Riley Avenue Elementary School East Meadow High School St. Roch School Roanoke Avenue Elementary School St. Sylvester School Garden City Senior High School Ruth C. Kinney Elementary School George W. Hewlett High School Santapogue Elementary School Hempstead High School K-12 Schools Smithtown Elementary School PS 080 Michael J. Petrides School Hicksville High School South Bay Elementary School Massapequa High School St. James Elementary School Mattituck Junior/Senior High School High Schools Stewart Elementary School Mount Sinai High School Port Richmond High School Stratford Elementary School Northport High School Susan E. Wagner High School Summit Lane Elementary School Riverhead High School Tottenville High School Sycamore Avenue School Smithtown High School East Tackan Elementary School Smithtown High School West Unqua Elementary School St. Mary s High School LONG ISLAND Wantagh Elementary School W. Tresper Clarke High School Elementary Schools Washington Rose Elementary School West Islip High School Accompsett Elementary School William Floyd Elementary School William Floyd High School Andrew T. Morrow Elementary School Wood Park Primary School Young Entrepreneurs Academy Aquebogue Elementary School Archer Street Elementary School Middle Schools Belmont Elementary School Accompsett Middle School Birch Lane Elementary School Alverta B Gray Schultz Middle School Brook Avenue School Baldwin Middle School Candlewood Middle School Berner Middle School Dickinson Avenue Elementary School Burr Intermediate School Dogwood Elementary School Charles A. Mulligan Intermediate School East Lake Elementary School Eagle Avenue Middle School Fairfield Elementary School East Islip Middle School Franklin Early Childhood Center Howitt Middle School Grace Lutheran School John F. Kennedy Middle School Hampton Bays Elementary School John W. Dodd Middle School Hemlock School Merrick Avenue Middle School Hewlett Elementary School Middle Country Middle School Hillside Grade School Riverhead Middle School

25 JUNIOR ACHIEVEMENT OF NEW YORK, INC. community partners

“4.5 million lower-income individuals have no financial Achievers! savings or a bank account.”

Caskey, J.P. (2006), Can Personal Financial Management Education Promote Asset Accumulation by the Poor? In Networks Financial Institute at Indiana State University, Assessing Adult Financial Literacy and Why it Matters (pp 14-29)

One of JANY's greatest achievements is its successful cultivation of deep and mutually beneficial partnerships with business, government, community and educational institutions. Our After-school and Summer Youth Employment Program (SYEP) partnerships play a vital role in our effort to reach and impact our neediest communities. JANY’s after-school partners provide supervised, educationally enriching JA programs to students in a safe and nurturing community environment outside of school hours. Each summer, JANY’s SYEP partners provide much needed real-world career exploration opportunities to New York City youth between the ages of 14 and 21. Students receive valuable career instruction, financial literacy training, academic improvement and social growth experiences. JANY values and is proud of our community partnerships in NYC and Long Island—a vast network of people who care about the future of NYC and Long Island students. Tom Bromage, Director of Program Services at Madison Square Boys and Girls Club (MSBGC), is JANY’s 2007-2008 Community Partner of the Year honoree. With Tom’s support, JANY delivered JA programs to 600 students at six different MSBGC after-school program clubhouses.

“When you bring two entities Aspira after-school together to work for similar program students celebrate Lights On goals, it increases the impact After-school at the that both organizations have. CS-300 Bronx site. We’re helping our young people succeed to become well- rounded, productive, successful adults and a key component of that is helping young people to be financially literate—helping them understand how to save, make, earn, and borrow money responsibly.”

Tom Bromage Director, Program Services Madison Square Boys and Girls Club 26 NYC BOROUGH AFTER-SCHOOL Highbridge Community Life Center, Inc. YMCA NE Brooklyn District COMMUNITY PARTNERSHIPS Historic Grace Church YMCA of Greater New York (5 Sites) & SUMMER PROGRAMS Hope’s Academy YMCA Twelve Towns (4 Sites) Immigrant Social Services YMCA West Side (4 Sites) Academy for Environmental Leadership Inwood Houses Young Minds Summer Camp Alianza Dominicana (5 Sites) Jacob Riis Settlement House (2 Sites) YWCA of NYC Asian American Coalition for Education Kingsbridge Heights Community Center Aspira of New York, Inc. (2 Sites) Little Flower Children & Family Services Beginning with Children Charter School Madison Square Boys & Girls Club NYC SUMMER YOUTH EMPLOYMENT Bronx Arts Ensemble (6 Sites) PROGRAM PARTNERSHIPS Bronx Christian Community MARC Academy & Family Center Bronx Institute at Lehman College Maspeth Town Hall Community Center Alianza Dominicana Catholic Charities of New York (4 Sites) Church Avenue Merchants Child Center of New York (2 Sites) New Life Child Development Center Block Association (CAMBA) Children’s Aid Society (6 Sites) (2 Sites) Community Association of Children’s Art Science Workshop (2 Sites) New Settlement Apartments (2 Sites) Progressive Dominicans Chinese American Planning Council (3 Sites) New York City Housing Authority (3 Sites) (Manhattan/Bronx) Church Avenue Merchants Block NYC Mission Society (2 Sites) East Harlem Council for Community Association (CAMBA) (7 Sites) Parsons Beacon Program Improvement (EHCCI) Citizens Advice Bureau (3 Sites) Phipps Community Development Henry Street Settlement Coalition for Hispanic Family Services Corporation La Asociacion Benefica Cultural Community Association of Pleasantville Youth Center Father Bellini Progressive Dominicans Police Athletic League (6 Sites) New York City Mission Society Crossroads Connection Inc. Queens Public Library—Central Police Athletic League Department of Youth & Rainbow After-school (Brooklyn/Manhattan/Queens) Community Development Samuel Field YM/YWHA (2 Sites) Ridgewood Bushwick Center Directions for Our Youth, Inc. School Settlement Southern Queens Park Association East Harlem Council for Community South Asian Youth Action Improvement (EHCCI) South Bronx Overall Economic East New York Development Development Corporation LONG ISLAND COMMUNITY Corporation South Brooklyn Youth Consortium PARTNERSHIPS Federation Employment & (2 Sites) Guidance Service (FEGS) Southeast Bronx Neighborhood Bellmore-Merrick Childcare Program Flatbush Beacon Program Center (2 Sites) Comsewogue Youth Club Freedom School Spring Creek Community Corporation Eager to Serve, Inc. (ETS) GEAR-UP! (3 Sites) St. Ann’s Episcopal Church Family Service League Gloria Wise Community Center St. Nicholas Neighborhood Farmingdale Youth Council Good Shepherd Services (5 Sites) Preservation Corporation (4 Sites) Gateway Youth Outreach Goodwill Industries of Supportive Children's Advocacy Network Glen Cove Entrepreneurship Academy Greater N.Y. & Northern N.J. The After-School Corporation Glen Cove Youth Bureau Graham Windham Star Community University Settlement Beacon Program Great Neck Community Center Beacon Center (2 Sites) Women’s Housing & Economic Huntington Youth Bureau Grand Street Settlement Development Corporation Interfaith Nutrition Network Greater Ridgewood Youth Council Woodside on the Move (2 Sites) Manhasset/Great Neck EOC (7 Sites) YMCA Cross Island (10 Sites) Community Center Harlem Children’s Zone Community Center YMCA Dodge (10 Sites) Project Excel-Huntington Harlem Day Charter School YMCA Flatbush Smithtown Youth Bureau Harlem School of the Arts YMCA Flushing SNAP-Long Island (2 Sites) Helping Hands Christian YMCA Greenpoint The Rehabilitation Institute, Inc. Community Centers YMCA Harlem Tri Commmunity & Youth Agency

27 JUNIOR ACHIEVEMENT OF NEW YORK, INC. fundraising events

leadership gala review

JANY’s fundraising events generate the revenue required to offer our programs and experiences free of cost to school and community partner organizations. JANY events mobilize our supporters to raise money while participating in fun, celebratory activities. Fundraising events foster collaborative teamwork and valuable networking opportunities. We thank our supporters who helped to make the 2007-2008 fiscal year successful.

Over $2.3 million was raised by over 9,000 fundraising event participants during the course of the year.

Fundraising highlights include the fall 2007 JANY Leadership Awards Gala celebrating honorees:

Business Leader of the Year G. Chris Andersen Founder & Partner, G. C. Andersen Partners LLC

Student Leader of the Year Akansha Gawade Class of 2007 Susan Wagner High School, Staten Island stock market challenge

Volunteer of the Year The Third Annual JANY Stock Market Challenge, Robert Moore presented by sponsor company Merrill Lynch, is part Vice President, National Grid/KeySpan Corporation educational experience and part fundraiser. Associate Sponsor Best Buy presented the Student Stock Market Educators of the Year Challenge. Carol Anne Riddell, WNBC Education Reporter, Nathan Smith & Kate Mehok emceed this fast-paced simulated trading competition. The goal was to create the highest net worth by the end of the event. KIPP STAR Academy, Harlem Eighteen teams from more than nine NYC high schools competed to win the coveted JANY Student Stock Market Challenge prizes. Community Partner of the Year First-time competitor, Magen David Yeshivah High School in Yolande Van Putten Brooklyn took first-place honors. Program Director Children’s Aid Society, Drew Hamilton Learning Center Later in the evening, more than 25 corporate teams participated in the fundraising portion of the competition—The Corporate The Gala raised $655,000 to support the economic education of Stock Market Challenge. Lee Hawkins, CNBC on-air NYC and Long Island’s future business leaders. contributor and Wall Street Journal Staff Reporter presided as emcee. The corporate teams raised $70,000 in support of JANY. For the third year in a row, a Best Buy corporate team took first-place honors.

28 “When you hold a torch to light another’s path you brighten your own.”

Ben Sweetland Author golf classic bowl-a-thons

JANY’s Long Island Golf Event and the Westchester Golf Junior Achievement Bowl-A-Thons—Parties with a Purpose— Classic raised $310,000. are a long-standing corporate fundraising tradition combining competition and team work. With your support, every Bowl-A- The May Long Island Golf Event, sponsored by Terex, FedEx Thon funds the education and future of NYC and Long Island and Network Infrastructure, attracted 60 golf enthusiasts to students. In total, 32 companies (8,500 participants) raised the Crab Meadow Golf Course in Northport, Long Island. more than $1.7 million to support the JANY mission during the The June Westchester Golf Classic sponsored by Accenture 2007-2008 fiscal year. The following companies generated the and Pfizer attracted 180 corporate golf participants to the highest cash contributions through Bowl-A-Thon events. Westchester Country Club. STRIKE! ($250,000+) ACTION ($30,000+) American Express Company American International Group Deloitte & Touche LLP ANCHOR ($100,000+) Pfizer Inc Citibank, N.A. Goldman Sachs & Co. SPLASHER! ($15,000+) HSBC Bank USA, N.A. Accenture Ace Overseas General CHARGE ($70,000+) Verizon Communications, Inc. Ernst & Young, LLP Washington Mutual KPMG LLP MetLife Bowl-A-Thon Prize Sponsor National Grid American Airlines

TRIPLE TUMBLER ($50,000+) Credit Suisse JPMorgan Chase & Co. The Bank of New York Mellon Corporation Thomson Reuters

Corporate supporters at the Westchester Golf Classic.

The Bank of New York Mellon Corp. Bowl-A-Thon supporters raise money for JANY programs. 29 JUNIOR ACHIEVEMENT OF NEW YORK, INC. financial statements

The following represent excerpts of the financial statements of Junior Achievement of New York, Inc. as of and for the years ended June 30, 2008 and 2007. The complete set of financial statements have 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, 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].

Statements of Financial Position June 30, 2008 and 2007

ASSETS 2008 2007 Cash and cash equivalents $ 754,445 $ 899,599 Contributions and special events receivable, net 1,831,890 900,486 Inventory 106,552 74,783 Prepaid expenses and other assets 45,454 47,158 Fixed assets, net 330,440 455,872 Total assets $3,068,781 $2,377,898

LIABILITIES AND NET ASSETS Accounts payable and accrued expenses $ 479,196 $ 266,432 Deferred revenue 64,600 12,000 Deferred rent obligation 133,201 168,751 Obligation under capital lease 38,414 82,864 Total liabilities 715,411 530,047

Unrestricted net assets 1,484,624 1,481,894 Temporarily restricted net assets 611,246 108,457 Permanently restricted net assets 257,500 257,500 Total net assets 2,353,370 1,847,851 Total liabilities and net assets $3,068,781 $2,377,898

30 Statements of Activities Years ended June 30, 2008 and 2007

FISCAL YEAR 2008 2007 Temporarily Permanently Unrestricted restricted restricted Total Total REVENUE Support revenue: Contributions (net of participation payments of $45,623 in 2008 and $46,112 in 2007) $1,840,994 $ 843,727 $ — $2,684,721 $2,009,541 Contributed assets ————— Donated services 254,862 — — 254,862 542,655 Total support revenue 2,095,856 843,727 — 2,939,583 2,552,196 Special events and other revenue: Special events income (net of direct expenses and participation payments of $574,688 in 2008 and $695,653 in 2007) 2,225,503 — — 2,225,503 2,186,578 Interest and other income 18,506 — — 18,506 21,262 Total special events and other revenue 2,244,009 — — 2,244,009 2,207,840 Net assets released from restriction 340,938 (340,938) — — — Total revenue 4,680,803 502,789 — 5,183,592 4,760,036

EXPENSE Program services: High school programs 555,132 — — 555,132 536,577 Middle school programs 509,746 — — 509,746 315,549 Elementary school programs 2,223,810 — — 2,223,810 2,211,379 Total program services 3,288,688 — — 3,288,688 3,063,505 Supporting services: Management and general 612,823 — — 612,823 517,732 Fund-raising: Volunteer recruiting costs 205,836 — — 205,836 324,629 General solicitation of funds 570,726 — — 570,726 809,851 Total supporting services 1,389,385 — — 1,389,385 1,652,212 Total expenses 4,678,073 — — 4,678,073 4,715,717 Increase (decrease) in net assets 2,730 502,789 — 505,519 44,319 Net assets at beginning of year 1,481,894 108,457 257,500 1,847,851 1,803,532 Net assets at end of year $1,484,624 $ 611,246 $257,500 $2,353,370 $1,847,851

31 JUNIOR ACHIEVEMENT OF NEW YORK, INC.

I truly believe that my JA student experience was a business investors major guiding force in my decision to enter the corporate sector.

Sharon Cates-Williams, JA Alum Chief Information Officer and Commissioner Department of Information Technology for Suffolk County INDUSTRY LEADER–($250,000+) MAJOR INVESTOR–($25,000+) American International Group Ace American Insurance Co. Anonymous PACESETTER–($100,000+) Banco Popular American Express Company Best Buy Children’s Foundation Credit Suisse The C. George Van Kampen Foundation Ernst & Young, LLP Citi PROVIDER–($5,000+) Goldman Sachs & Co. Deutsch Inc. A/Z Corporation ING Disney Worldwide Outreach Bank of America Pfizer Inc FedEx Express BCD Travel PricewaterhouseCoopers, LLP G.C. Andersen Partners, LLC BMC Software HSBC Holdings PLC Cushman & Wakefield, Inc. JP Morgan Chase TRENDSETTER–($50,000+) EMC Corporation McKinsey & Company, Inc. G. E. Foundation Accenture Merrill Lynch & Co., Inc. Gilbane Building Company Acturial Foundation Merrill Lynch & Co. Foundation, Inc. Henry Street Settlement American Express Foundation MetLife Huron Consulting Group The Bank of New York Mellon Corporation Pitney Bowes The Kupferberg Foundation Cadwalader, Wickersham & Taft LLP Reuters America Macy’s East Citi Foundation Washington Mutual Network Infrastructure Inc. Deloitte & Touche LLP Pershing LLC HSBC Bank USA, N.A.* PARTNER–($15,000+) Pfizer Foundation JPMorgan Chase Foundation PGA Tour, Inc. KPMG LLP Barclays Capital Boston Consulting Group Rent-A-Center MetLife Foundation Sagarika Foundation National Grid Con Edison Morgan Stanley The Staten Island Foundation The New York Stock Xerox Corporation U.S.A. Exchange Foundation, Inc. Nara Bank Terex Corporation National Grid/KeySpan Foundation Thomson Financial Paul Hastings, Janofsky, & Walker, LLP STAKEHOLDER–($2,500+) Verizon Communications, Inc. Risk Metrics Avis Rent-A-Car System, Inc. Viscogliosi Bros., LLC Verizon Foundation CIT Group Inc. Cohen & Perfetto LLP ENTREPRENEUR–($10,000+) Hewitt Associates LLC Achievement Foundation Kenneth O. Wille & Associates, Inc. Amerada Hess Corporation Kling Stubbins *HSBC is a top-tier global partner The Mark Edward Freitas Foundation of JA Worldwide. Best Buy Co., Inc. BlackRock Financial Management, Inc. Sourcecorp Management, L.P. Blank Rome LLP Sylvan & Ann Oestreicher Foundation, Inc. Bovis Lend Lease LMB, Inc. Tarlton General Contractors CBS Corporation The Von Damm Family Clifford Chance US LLP Evergreen Foundation Cognizant Technology Solutions Wheels Inc. Digitas, New York The Xerox Foundation General Electric Company New York Life Insurance Foundation Patterson Belknap Webb & Tyler LLP Paul Hastings, Janofsky & Walker The Sidney Milton & Leoma Simon Foundation Weil, Gotshal & Manges Foundation Inc. Whitney Group, LLC Wolf, Block, Schorr and Solis-Cohen LLP

“Connecting with JA really helped me to find my calling. It was through the JA experience that I became more interested in economics and business.”

Sally Durdan, JA Alum Chief Financial Officer—Retail Financial Services 32 JPMorgan Chase “Investing in (children) is not a national luxury or a national choice. It is a national necessity.”

Marion Wright Edelman

SPONSOR–($1,000+) Rael Automatic Sprinkler Company, Inc. The Northern Trust Company Affiliated Computer Services, Inc. Rep Heating & Air Conditioning Co., Inc. Oskar & Elfriede Lewnowski Aid Associates Inc. Rocha Construction & Development P & G Equities, LLC Allmet, Inc. Ross Consulting Group Patella Construction Corp. ASM Mechanical Systems Samson Construction Co, Inc. Perfetto Contracting Company, Inc. Atlantic Coast Metalizing & Coating Corp. Sankel, Skurman & McCartin, LLP Precast Systems, Inc. Atlantic Hoisting & Scaffolding, Inc. Select Equity Group, Inc. Presentation Excellence Bancker Construction Corp. Signature Bank Project Control Associates, Inc. Bay Crane Inc. Small Bone Innovations Regional Appraisal Assoc., Inc. Bilzin Sumberg Baena Price & Axelrod LLP SNS Energy Distribution Reilly Family Foundation Churchill Financial LLP Sorbara Construction Corp. Rick Steiner Fell & Benowitz LLP Cleary, Gottlieb, Steen & Hamilton Star Industrial Service Company S & C Products Corp. Coordinated Metals Inc. Tanenbaum-Harper Co., Inc. Sims Steel Corporation Cost Containment Advisors Inc. The Wagner Family Foundation Skyline Steel Corp. Criterion Group, LLC The Whitehead Foundation Spring O’Brien & Company Inc. Cullen & Dykman, LLP Thomas C. Blum Channel Capital LLC Stein, Weiner & Roth, L.L.P. Delta National Bank & Trust Company United Recovery Systems, Inc. Stewart Title Insurance Co. of New York Urban Foundation Engineering, LLC Surveys & Analysis, Inc. E-J Electric Installation Co. V.A.L. Floors Inc. Swiss Re Life & Health America Inc. Elite Floors, Inc. The Sawcutter Associates First Data Corporation ACHIEVER–($500+) Total Credit Recovery Limited Five Star Electric Corp. A. C. Associates Triple S Air Systems, Inc. Frederick W. McCarthy Family A. Ottavino Corporation Two Montgomery Property LLC Foundation Trust Affordable Cesspool Sewer & Drain Veri Oro Inc. Fujitec New York Service, Inc. The Vidal Partnership, Inc. HDG Consulting Inc. Altronix Corporation Westhampton Property Associates, Inc. Hawkeye, LLC AM&G Waterproofing LLC Heidrick & Struggles, Inc. American Industries Corp. ASSOCIATE–Under $500 Hilb Rogal & Hobbs Awisco New York Corp. We gratefully acknowledge the 63 donors Hip Hop Has Heart Foundation Becket & Lee, LLP in this category who contributed gifts Hochman Family Foundation Berken Building Company totalling $16,500. IBM Corporation CAC of New York, Inc. Island Acoustics LLC Canon Business Solutions Gifts-In-Kind Island Drafting & Technical Institute Centipede Corporation Island Federal Credit Union We gratefully acknowledge the generous Champion Garage Management Corp. support of the following companies and Jackson Lewis Chemical Specifics, Inc. Jaffe & Asher, LLP business professionals for in-kind contri- Chuhak & Tecson, P.C. butions, products and services totaling Jaspan Schlesinger Hoffman LLP Ciampa Management Corporation Jon & Abby Winkelried Foundation $254,862, donated during the 2007-2008 Commerce Bank fiscal year. Laborers International Union of Dunkin’ Donuts/Baskin Robbins North America Durst Organization L.P. American Airlines Mainline Information Systems, Inc. Eagle One Roofing Contractors, Inc. American Express Company The McKinney Charitable Trust Eagle Scaffolding Services Inc. American International Group Mason Industries, Inc. G. C. Ironworks Cadwalader, Wickersham & Taft LLP Mitsubishi Trust & Banking GC Services Chadbourne & Parke LLP Corporation U.S.A. Hallen Construction Company, Inc. Credit Suisse Musculoskeletal Clinical Regulatory Harbor Island Contracting, Inc. David Vinjamuri Advisers, LLC Healthplex Inc. Deloitte & Touche Nationwide Credit, Inc. Institutional Marketing Concepts, Inc. Edelman NCO Financial Systems Inc. Interior Management, Inc. FedEx Express Newtown Corporation L & L Painting Company, Inc. HSBC Bank USA, N.A. North Jersey Development Group, Inc. Lenmark Co., LLC Joshua Weitzman Papp Iron Works, Inc. Mad River Bar & Grill MetLife Paradigm Spine, LLC Mayer Brown LLP National Grid Parkview Plumbing & Heating, Inc. McKee Nelson LLP Pfizer Inc. Petersen Geller Spurge, Inc. MDG Design & Construction LLC PricewaterhouseCoopers, LLP Port Morris Tile & Marble Corp. Meyner & Landis, LLP Shearman & Sterling LLP Prince Carpentry, Inc. The Montran Corporation Slaz Design R & J Construction Corp. Nordic Interior, Inc.

33 JUNIOR ACHIEVEMENT OF NEW YORK, INC. individual investors

ADVOCATE–($10,000+) Sharon Rowlands Lauren Lian Dennis J. Block Mark Shapiro Craig Lowry Charles R. Borrok Marc Sheinbaum Sophia Lundberg Louis J. Briskman Kim Wagner Donald H. MacNeal Ronald Defeo Douglas M. Worman Anna Maisonet Peggy Fechtmann Joanne Zaiac Aldo J. Martinez James Flanagan Karen McDermott William Janetschek ADVISOR–($1,000+) John Milbank Gavin G. O’Connor Eric Anderson Alex Montagu Richard J. Poccia Philip Armstrong Gennaro Nappi Paul Schreiber Nhi Au Barbara Niemczyk H Ronald Weissman Andy Berndt David Obstler Anré Williams William Brennan Sean Pattwell Lai Chu James Rawlings PRINCIPAL–($5,000+) Frank Comerford Jonathan Rhine Dan Cornelius Laura Riddell Les Baer Dayna Rocco Kevin Barr Malcom Ross Gary M. Binstein Kenneth Samu John J. Boyle Ian S. Schachter David Dew JA helped me to see the Douglas E. Schallau Peter Egan diversity of opportunities Betsy Sears Steven R. Frank Michael Simms Nancy C. Gardner available to me in the world Robert Sobel Peter K. Ingerman if I were to remain focused Christopher Steamer Larry Leva and do well in school. John Twite Stephen J. Liguori Virginia Veras Craig Lowery Sharon Joseph Paul Vigilante Maura Markus JA Alum Robin Vince Kenneth E. Newman Chief Executive Officer Harlem Lanes Judy York Bob Tone MENTOR–($500+) COUNSELOR–($2,500+) Joseph K. Azelby Pervez Bamji Yehuda Backer Samuel Chapin Michael J. DeStefano Elba Baez Vince Chicarelli Richard Freitas Susan E. Balogh Kenneth Daly Cindy Gavin William J. Barrett Michael P. Duda Lawrence E. Golub Sally Ann Bartels Leslie V. Godridge Stephanie Hattiangadi Cecelia Block Gary S. Goldstein Paul Higbee Ken Blomster Steve Hasker Shimmie Horn Renee Borchardt John Keogh Paul Huchro Dan Bornstein Peter F. Kirn Michele Imbasciani Bud Brazee George Klett Sandra W. Jackson Ryan Brist Phillip K. Lynch Nelson Jimenez Patricia A. Brown Thomas McGuire James W. Johnston Joseph Bruton Nanette Malebranche Ami Kaplan Clayton Burton Lisa Martin Brian Keenan Anne J. Caldwell Bruce Miller John Keller Richard P. Caporaso Ramona Morales William Kenney Robert B. Catell Neil Radey Alex Kullman Michael W. Chin Jack J. Ribeiro Thomas A. Leipzig Helen Chiu

34 “The foundation of every state is the education of its youth.”

Diogenes Laertius

Donna Coallier Richard Montalbano Jeffrey Conciatori Christopher Morin Marc S. Dieli Bruno Moschetta Peggy Doherty Paul Munter Mary K. Duke Michael Murphy Achievers! Howard Feinglass Quamrun Naher Jennifer Fox William Omara Jason Freund Kirsten Orthun Lawrence Fuchs Joe Palumbo Iwao Fusillo Gene Pang Sandra Lief Garrett Edwin J. Pisani John Godfrey Anthony Principato Geoff Goldman Joseph J. Prochaska Mike Greenstein Consuelo Prol-Sexton Scott Hadfield Ashley Reda Marnie Hampton Kevin Reilly Brian Hegarty Gregory Rice Christopher T. Hemmer Carol Richardson James N. Heston John Rushing Sharon Hiam John Salamun Bryan Hoffman Luis Salazar Teresa E. Holliday Paul J. Salerno Claudia Holz Melinda M. Schachte Angelo A. Incorvaia Michael Schoenhaut Nikkia Jackson Nan C. Schubel David W. Kamin Kenneth W. Schwab Howard A. Kaplan Kevin Seaman Bob Kelley PC Sekar J. T. Kelly Larry Shorter Student Jason Hoating with 2006-2007 Michael Kelly Abraham Silberstein JANY Community Partner of the Year, Steven Kessler Balwinder Singh Yolande Van Putten, Director, OSR Colleen Kipfstuhl Chad Soares Programs, Drew Hamilton Learning Brian Klasewitz Laurence Stein Center, Harlem. Stephen Kramarsky Martin Teevan Lewis Kramer Michael P. Titta Wai Kuen Lam Suzanne Townsen “Junior Achievement has Kathy Kushinsky Greg Tusar taught me a lot. I learned that W. Lee John Verdonck Valerie Leeder John Wady you have to handle money Lawrence J. Levine Paul Watterson very well. If you don’t, it goes John Loughnane Stuart Welburn away fast.” Vikesh Mahendroo Patrick M. Wilkinson Riccardo A. Mancuso Rose E. Wolf Jason Hoating David J. Manning Marlon P. Young 7th Grade Jeffrey Marcus Tony Zumbo Drew Hamilton Learning Center Tamara Mathis After-School Program Gerard Mattia ASSOCIATE–Under $500 Thomas H. Mattox We gratefully acknowledge our 357 donors Stephen McCreary, Jr. in this category who contributed gifts Graeme McEvoy totalling $84,428. William McMahon Joel Mesznik

35 Achievers! Enthusiasm is one of the most powerful engines of success. Nothing great was ever achieved without enthusiasm. ’’ Ralph Waldo ’’Emerson New York City Junior Achievement of New York, Inc. gratefully acknowledges the 205 East 42nd Street following people and companies for their participation and work Suite 203 in creating this Annual Report: New York, NY 10017 Telephone: 212.949.5269 Design Fax: 212.949.5262 Fillit Communications www.fillitcomm.com

Long Island Special Thanks 250 Willis Avenue JANY Staff, past and present. Lower Level Featured on the 2008 JANY Annual Report cover—2008 JANY Roslyn Heights, NY 11577 Summer interns Erica & Nadia; and Brandon & Sincere, Bedford Telephone: 516.625.9053 Academy High School JANY Summer Program students. Fax: 516.625.9077 www.jany.org Photography The JANY 2007-2008 Photo Archive Collection JANY participates in the by Jacqueline Dolly and Patrick Andrade BBB Charity Seal Program, a symbol to donors that our organization has met the 20 Standards for Charity Accountability.