Iamanachiever!
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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 Increasing Awareness........................................13 Achievers! Achievers! Achieving the Vision Together Board of Directors.............................................14 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