2011 Annual Report

Ibarra and Stephanie

OUR TREND OF Dorian Graduate: Huﬀ Photography J Brown SUCCESS CONTINUES

2011 ANNUAL REPORT OUR MISSION All Perspectives Charter Schools will provide students with a rigorous and relevant education, based on A Disciplined Life®, that prepares them for life in a changing world and helps them further become intellectually reﬂ ective, caring and ethical people engaged in a meaningful life. DEMONSTRATE PERSEVERANCE J Brown Photography Photography J Brown DeAustin Benson and Humberto Bravo

Perspectives and other charter schools are showing that good “things can happen when innovative and dedicated leaders work toward the common goal of accelerating student achievement. —U.S. Secretary of Education Arne Duncan ”

2 2011 ANNUAL REPORT www.pcsedu.org 312.604.2200 The remarkable success of our new Before Perspectives came to Auburn Gresham, schools in the Auburn Gresham Calumet Career Academy had a 32% graduation neighborhood is a striking example of rate.* Under Perspectives’ leadership, graduation the Perspectives diff erence and how it is rates have skyrocketed in a mere fi ve years—to changing the trajectories of young lives. 86%.** Not only are students earning high school diplomas at record rates, they are continuing on to Six years ago, Chicago Public Schools CEO Arne college. Of Perspectives’ Class of 2011 graduates in Duncan closed the underperforming Calumet Auburn Gresham, 97% were accepted to college. Career Academy. Duncan, who is now U.S. Secretary “This fall, 93% of our graduates enrolled in college, of Education, gave Perspectives the green light to nearly 90% of whom are the fi rst in their families open two new high schools on that campus. on track to earn a college degree,” according to Perspectives cofounder Kimberlie Day. “Graduation Trend of Success in Auburn Gresham rates continue to soar in Auburn Gresham because High School Graduation Rates the Perspectives schools embrace A Disciplined Life®, ensuring a College for Certain outcome,” says 100 86% Adrienne Leonard, community activist and chair of 80 79% the former Calumet Career Academy’s Transition 60 Advisory Council. 40 32% 20 *Chicago Public Schools **Based on Illinois State Board of Education data 0 2007 2010 2011 TREND OF SUCCESS The Perspectives Diff erence: A Disciplined Life® At Perspectives Charter Schools, everyone speaks a common language. It’s called A Disciplined Life. The 26 principles of A Disciplined Life are the foundation of Perspectives’ school culture.

“We are intentional about supporting our students’ social to measure social and emotional learning. We increased and emotional learning,” explains Diana Shulla-Cose, who professional development opportunities for teachers and cofounded Perspectives in 1997 with Kimberlie Day. “Our staﬀ . These changes have strengthened our foundation graduates are equipped with life skills they will use to be and are improving student outcomes. successful.” A Disciplined Life creates an environment where students thrive, both intellectually and personally, A Disciplined Life is the foundation for every conversation and where excellence is the expectation. we have and for every future achievement that our young students will celebrate. As one young scholar said, At Perspectives, we are lifelong learners, so we are “A Disciplined Life is my compass, guiding my actions constantly evolving. This was a pivotal year for improving and pointing me towards success.” A Disciplined Life. We revised and created new tools www.pcsedu.org 312.604.2200 2011 ANNUAL REPORT 3 Perspectives/IIT Math and Science Academy

Perspectives was not supposed to be part of my life plan. My dream school “was Whitney Young, but I had been waitlisted there. So I enrolled at Perspectives/IIT Math and Science Academy instead. A month later, I got an acceptance letter from Whitney Young—but I turned them down. In the few weeks I’d been at Perspectives, I had come to love the classmates and teachers around me. I got the feeling that this was a really special place. Without the experiences I’ve had at Perspectives, I would not be the young man that I am today. The principles of A Disciplined Life have changed me. The opportunities Perspectives has provided me are overwhelming. My goal this year is to land an academic scholarship to a four-year university. Perspectives was not my ﬁ rst choice, but it clearly turned out to be the best choice.

Craig Carter ” Perspectives/IIT Math and Science Academy Class of 2012

SEEKWISDOM Perspectives High School of Technology

I’ve always viewed myself as a very good student, this fall at Northwestern University with a full “but when I started at Perspectives, I quickly learned academic scholarship. what the true deﬁ nition of ‘academic rigor’ is. Teachers noticed my ability and didn’t hesitate to With A Disciplined Life in my push me and expect greatness from me. During pocket and academic rigor in my freshman year, my English teacher assigned the class an essay on the book To Kill a Mockingbird. my pencil, my possibilities are He pulled me aside and told me that I was to write endless! two essays instead of one because I needed to be challenged. I thought it would be way too much Stephanie Caldwell” work, but he knew I could handle it and I did. He Perspectives High School of Technology saw my potential. Class of 2011

Four years ago, I was planning on going to a city Freshman, Northwestern University college. Instead, because of Perspectives, I enrolled Full Academic Scholarship

4 2011 ANNUAL REPORT www.pcsedu.org 312.604.2200 Perspectives Middle Academy

I came to Perspectives last year as a 7th grader. I transferred schools because I “wanted to have teachers who would get to know me and would help prepare me for college. I wanted a school where I could feel accepted, instead of feeling out of place.

Like a lot of girls my age, I worry about how I look and what I say. Perspectives Middle Academy makes me feel that I don’t have to hide who I am. My favorite A Disciplined Life principle is “love who you are.” I want to achieve this and to help others do the same. I wrote a poem called ‘Love Who You Are No Matter What.’ I wrote my poem so that I can help little girls feel good about themselves. My poem reminds girls like me to focus on the positives. It tells them to ‘love your curvy ﬁ gure’ and ‘keep your head held high.’ I remind them they will ‘shine in a spotlight’ because of the many special things they have to oﬀ er. Thanks to Perspectives, I feel good about myself and want to pass that on.

Asia McEntee ” Perspectives Middle Academy Class of 2012

LOVE WHO YOU ARE Perspectives Leadership Academy

At the end of my junior year, I participated in a I want to learn and make the world “six-week community service scholarship program in Costa Rica. Thanks to Perspectives and this better. After all, it’s what we learn incredible opportunity, I am a diﬀ erent person. here at Perspectives—to learn My experience in Costa Rica taught me that you should appreciate life—even the simplest things. and to be generous, to always It exposed me to a diﬀ erent culture and helped me give back. become more open-minded about people and to ” be compassionate, two of our A Disciplined Life Nakeya Boyles principles. It gave me a new perspective on life that Perspectives Leadership Academy will always be with me. No one can take this part of Class of 2012 my education away from me. The way I see it, I have much more traveling ahead of me in the future.

www.pcsedu.org 312.604.2200 2011 ANNUAL REPORT 5 Perspectives Rodney D. Joslin Campus A Disciplined Life®

I graduated in May 2011 and am where it’s safe to be smart and The 26 principles of A Disciplined Life “now a freshman at the University of to get good grades. I could have form the foundation of our Perspectives Kentucky on a four-year basketball transferred to another school [to scholarship. I want nothing less play basketball], but I stayed here Charter Schools experience. than to be the best. My time at because of the academic program Perspectives taught me that I should and because of what the A only accept quality work from Disciplined Life principles taught Self-Perception myself—not just when I’m on the me about life. The A Disciplined • Accept only quality work from yourself basketball court, but in school and Life principles help us form one big in everything. family at Perspectives—and families • Take responsibility for your actions always have your back. • Seek wisdom Perspectives teaches you that you can go out there and do the Anthony Davis ” • Be open-minded impossible. It’s not enough to be a Perspectives Rodney D. Joslin • Think critically and be inquisitive great athlete. Perspectives shows Campus, Class of 2011 you that you get out of life what you • Love who you are put into it. We challenge each other Freshman • Demonstrate honesty, integrity, and decency to be the best we can be. I became University of Kentucky an honor roll student at Perspectives, Full Basketball Scholarship • Be generous • Be a life-long learner Perspectives • Live a healthy lifestyle “teaches you that you can Communication go out there • Communicate eﬀ ectively and do the • Challenge each other intellectually impossible. • Show gratitude

” • Solve conﬂ icts peacefully Courtesy of SLAM of Courtesy

J Brown Photography Photography J Brown • Respect each others’ diﬀ erences • Be positive and supportive of each other CHALLENGE • Show compassion Productivity EACH OTHER • Demonstrate a strong work ethic • Use your time wisely INTELLECTUALLY • Listen actively • Be punctual and prepared • Be organized • Be reﬂ ective • Be reliable • Take initiative • Demonstrate perseverance

6 2011 ANNUAL REPORT www.pcsedu.org 312.604.2200 Standing Beside Us Since the Beginning: Searle Family Generosity Abounds Anne Bent was introduced to Perspectives by her father, For Anne, it’s the school culture that really resonates: Daniel Searle. He was an early supporter of Perspectives “A Disciplined Life® is so powerful. Whatever dilemma Charter Schools who truly put Perspectives on the map as may present itself, if you look into the principles of a charter network that was going to impact the city. A Disciplined Life, you will fi nd the guidance you need to confront that challenge. That’s amazing.” “I can vividly remember how overwhelmed I was with gratitude that day in 1998 when Mr. Searle called and Anne is also impressed with the opportunities that told me that he had just sent Perspectives a check for Perspectives provides students. “Students don’t have $300,000,” cofounder Diana Shulla-Cose explains. “This to test into Perspectives or prove that they are gifted level of investment gave us an edge and the fi nancial students to go to school here,” explains Anne. resources we needed. It came from a man who knew “Perspectives enrolls all kinds of students and provides well Chicago’s breadth of causes, yet chose to support a safe, structured environment where they can thrive, us, our students and our mission.” Mr. Searle also knew achieve academic success, and become college-bound. that Anne, who cares deeply about education and holds The people of Perspectives work miracles for so many a master’s degree in child development, would want to young people.” know about this special place. The Searle family has provided tremendously generous Since then, Anne and her family have been staunch gifts and investment support over the past 14 years. supporters of Perspectives’ work. From serving on our On behalf of the Perspectives family, we are profoundly board to helping to secure bonds for our fl agship campus grateful to the Searle family for choosing to stand beside in the South Loop, the Searles have never left us—through thick and thin, as we tirelessly pioneered the our side as we’ve grown our charter school network. charter movement in Chicago—helping change the face of public education, one student success story at a time. SHOWGRATITUDE

A Disciplined Life® is “so powerful. Whatever dilemma may present itself, if you look into the principles of A Disciplined Life, you will find the guidance you need to confront that challenge. That’s amazing. Anne Bent, generous Perspectives supporter, with Rodney D. Joslin students –Anne Bent ”

www.pcsedu.org 312.604.2200 2011 ANNUAL REPORT 7 $100,000 and above Mr. and Mrs. Anthony K. Anderson The John Buck Company Foundation Mr. Jeff rey D. Scott Kiva Laughead Mr. and Mrs. Laurence Ashkin Mr. William H. Anspach, Jr. and Carney Family Foundation Mr. John G. Schreiber Mr. and Mrs. Demetrios G. Logothetis Crown Family Philanthropies Ms. Teri Rabai Center Street Foundation Mr. and Mrs. Bill Spence Mr. and Mrs. Randy Markowitz Ernst & Young LLP Aon Ms. Angela Chalberg-Pool Ms. Carol Stein Mr. and Mrs. Douglas P. Mastrangeli LISC Ariel Investments, LLC The Chicago Community Foundation Mr. and Mrs. Emanuel Tabachnik Minasian Rug Company Louis R. Lurie Foundation Mr. Rick Callahan and Ms. Bic Wirtz Ms. Miriam L. Clements Mr. and Mrs. Randall L. Tavierne Mr. Timothy W. Morrison Anne Searle Bent Ms. Kathryn M. Carter Columbia College Chicago United Jewish Foundation of Mr. and Mrs. Mark J. Mukhtar Speh Family Foundation Mr. Trevor J. Clark Ms. Deborah Compagner Metropolitan Detroit Mr. John Musachia ComEd Mr. Jay P. Deratany Mr. and Mrs. Matthew W. Vaughn Ms. Jeanne L. Nowaczewski $50,000–$99,999 FIRST Robotics Mr. and Mrs. Jerry R. DeVault Ms. Millie Vitaska Mr. and Mrs. Thomas E. Ochs, Jr. Baldwin Richardson Foods/Eric Johnson Ms. Kelly Grier Mrs. and Mr. Lisa F. Dickson Mr. and Mrs. John Ward Mr. and Mrs. Robert J. Pillion CDW Illinois Institute of Technology Estee Bedding Company Loren and Diane Weil Kevin Poczatek Lundbeck, Inc. Illinois Tool Works Inc. Mr. Daniel Farrell Wells Fargo Ms. Margret Reitz Motorola Foundation Mr. Steven Koch Arthur J. Gallagher and Company Mr. and Mrs. David Willman Mr. Philip W. Reitz The Skilling and Andrews Foundation Lisa and Michael Kornick Ms. Sharon P. Garcia Winston & Strawn LLP Mr. and Mrs. John F. Risacher Linn-Mathes, Inc GCG Financial, Inc. Mr. Gregory E. Wolski Timothy D. Robins $25,000–$49,999 Mr. William T. Lundeen Mr. and Mrs. Paul Green Mr. and Mrs. R. Henry Zanarini Mr. Steven Rogers Mr. Evan Ashkin and Ms. Cheryl A. Baker Mr. and Mrs. William D. Mack Mr. James J. Gusich Ms. Eileen Samuels The Boeing Company Mr. and Mrs. Donald R. Mowry Mr. Lee E. Harkleroad, III $500–$999 Mr. and Mrs. James C. Schneider, MD Mr. and Mrs. George E. Johnson Northern Trust Company Rhonda and Keith Hopps Mrs. Patti Barnett Mr. Joseph W. Schulte Mayer and Morris Kaplan Family Mr. and Mrs. Paul B. O’Kelly Mr. Tadd Ingles Mr. Michael J. Barry Mr. and Mrs. Steven A. Stender Foundation Mr. Jeff rey E. Smith Stuart Ison Ms. Stacia Beyl Mr and Mrs. Douglas Stevens Loop Capital Markets, LLC Mr. Mitchell S. Stauff er Mr. Eric G. Johnson Ms. Sarah K. S. Blabolil Mr. Donald M. Stewart Bill Nygren Foundation Mr. and Mrs. Douglas Stevens Ira J. Kaufman Family Foundation Mr. and Mrs. Richard J. Bonahoom Mr. and Mrs. Craige L. Stout David Storch Family Foundation Mr. Anthony S. Kendall Mr. Clarence Bourne Mr. Anthony Sullivan $10,000–$24,999 Stout Risius Ross, Inc. Mr. Gabriel M. Licastro Mr. Willard E. Bransky Ms. Nicole M. Thomas AAR CORP Mrs. Marcia W. Sullivan and Mr. and Mrs. James W. Mabie Bring LLC Mr. Brett Thompson Civic Leadership Foundation Mr. Steven D. Jansen Janice and Ernest MacVicar Ms. Cheryl Burton Mr. and Mrs. Steven Turckes Clare Foundation Mr. Patrick E. Trapp Mr. David Marquardt The Chicago Community Trust Matthew W. Vaughn Climate Cycle Mr. and Mrs. Brian J. White Mr. Thomas Maurer and Mr. and Ms. Julian C. D’Esposito, Jr. Carly Warren Mr. and Mrs. Michael T. Clune/ Mrs. Linda Gosser-Maurer Ms. Sheryl Dyer Mr. James Welch Clune Construction $1,000–$4,999 Mr. and Mrs. Brett N. McGinnis Mr. Doak A. Elliott Mr. and Mrs. Michael P. Whelan Exelon Corporation 36 Foundation Mr. and Mrs. Charlie Mires James and Jane Esser Ms. Marek Wierzba The Field Foundation of Illinois, Inc. Mr. and Mrs. Hall Adams, Jr. Mr. Simon D. Moore Mr. and Mrs. Peter Evans Ms. Lynn M. Gasaway Mr. and Mrs. Steve Anixter Mr. and Mrs. David Napalo Mr. and Mrs. Reed Fellars $250–$499 Craig Johnson Anonymous Mr. and Mrs. John E. Neal Forest Preserve District of Cook County Dr. and Mrs. Howard Aduss Mr. and Mrs. Daniel G. Kaye Mr. and Mrs. Gary Ashkin Mr. Jerry Newton Mr. and Mrs. Gary Fridley Ms. Hilary Alexis Mr. and Mrs. Michael L. Keiser Josephine M. Bahl The Parking Spot Mr. and Mrs. Malcolm Gaynor Mr. Tavun Anjan Morgan Stanley Foundation Mr. and Mrs. David E. Baker Ms. Kathleen M. Pawlus Mr. and Mrs. Kevin H. Gross Anonymous Mr. and Mrs. Bruce V. Rauner Barrington Strategic Wealth Mr. Joe Perillo Mr. James Haried Mr. and Mrs. Robert Babbin Mr. Donald Saltz Management Group LLC The Pritzker Traubert Family Foundation Lisa Hartkopf Mr. Jeff Baird Sodexo Mr. Sheldon Baskin and Ms. Judy Wise The Private Bank and Trust Company Mr. and Mrs. Timothy J. Hohulin Mr. Jon Ball Mr. and Mrs. Joel M. Stender Mr. Jeff rey Bilek Mr. and Mrs. James G. Quaid Ms. Tori Irving Charles Barone Blum-Kovler Foundation Mr. Daniel Quealy Ms. Kym Jackson-Hubbard Ms. Judith J. Beilman $5,000–$9,999 Mr. Mark E. Bookman Mr. Craig Richey Mr. and Mrs. George Jackson Mr. and Ms. Michael Berger Mr. and Mrs. Hall C. Adams, III Ms. Anna Bourne Mr. Tony Robinson Ms. Julie Karr Mr. Russell Betts Allstate Insurance Company Mr. Jeff rey H. Brodsky Mr. John J. Scholl Mr. John T. Larounis Mr. and Mrs. Peter Bohr BEGENEROUS 2011 Generous Contributors

As we look forward to next year and our 15th anniversary as a charter school, we reﬂ ect on where we’ve been and how we made it this far. We realize we wouldn’t be where we are today without you, our generous donors. Your collective support allows us to make a diﬀ erence in each of our scholars’ lives. We are grateful for all you do, and for your contributions that help Perspectives Charter Schools continue our trend of success.

Michelle Flowers, Perspectives Leadership Academy Graduation, May 2011

8 2011 ANNUAL REPORT www.pcsedu.org 312.604.2200 Mr. George T. Bozonelos Ms. Rita Y. Ho Ms. Winona J. Randolph $100–$249 Ms. Sharon E. Martin Mr. and Mrs. Gregory Ross Bridwell Mr. Daniel Hoff enkamp Ms. Kourtney Ratliff Mr. Ayodele O. Ajayi Ms. Therese McGuire Ms. Amy E. Brierly and Mr. Greg Gressle Samantha A. Holdridge Ms. Theresa Rattenbury Nikolaos Analitis Mr. and Mrs. Sean McSherry Ms. Diana L. Brockway Mr. Tobin Hopkins Ms. Leticia Reese William R. Broderick Mr. Michael J. Merwin Mr. Jeff rey H. Brubach Marcia K. Howard Mr. and Mrs. Peter Reinemann Mr. and Mrs. W. Dean Bruno Ms. Jennifer Minor Mr. Peter Bynoe Ms. and Mr. Hsiao-Wei A. Hsu Mr. and Mrs. Anthony Rentz Mr. David P. Bryson Colleen Mocko Mr. and Ms. Thomas Campbell Ms. Jennie Huang Ms. Robin C. Robinson Mr. Douglas Card Mr. and Mrs. William M. Moss Mr. Rodrigo Careaga and Yorli Huff The Hon. Carol Ronen Anthony Carmello Mr. and Mrs. Allan M. Moss Ms. Gabriela Culebro Mr. George J. Inglis, Jr. and Mr. and Ms. Alexander I. Rorke Ms. Teresa Claybrook Ms. Anne F. Munaretto Ms. Ann Cheeseman Ms. Crystal J. Post Mr. Harold Rosenson Rebecca Coke Mr. and Mrs. James Nelson James Russell Collingwood Mr. Bill L. James Mr. and Mrs. James J. Rozsypal Kevin Cole Mr. Kyle R. O’Connor Christina Craven Susan Jarksen Mr. and Mrs. Roger D. Rudich Ms. Linda Darling Mr. and Mrs. William T. O’Connor Mr. Daniel Cullen Ryan D. Jenson Mr. Lowell Sachnoff and Ms. Fay Clayton Mr. Troy A. Dickerson Mr. and Mrs. Thomas R. O’Donnell Ms. Beth Anne Cyze Jewish Federation of Mr. and Mrs. Eric S. Saunders David Doyle Mr. and Mrs. Brian Ofenloch Mr. Kevin M. Daniels Metropolitan Chicago Ms. Julia Saunders Danyelle Elkind Mr. Brian J. Pavona Mr. Mark J. Dannunzio Mr. Olumuyiwa Jolaoso Mr. and Mrs. Zachary W. Schrantz Mr. Mark E. Fox Mr. Andrew I. Philipsborn and Mr. and Mrs. James T. Deiotte Mr. and Mrs. Burton Joseph Mr. Michael Schuetz Ms. Meredith George Ms. Jane R. Bilger Mr. Andrew Deising KMP Coaching and Consulting Ms. Cary D. Schulz Ms. Kimberly A. Griesbaum Mr. Philip R. Pulliam Mr. and Mrs. Irving L. Dennis Ms. Amanda Koenigsknecht Mr. Paul Schutt Jacob Gulick Mr. John M. Raba and Ms. Elena Dewolfe Georgy Koshelev Mr. James P. Sherman Mr. and Mrs. Matthew M. Haaf Ms. Suzanne Muellman Mr. and Mrs. Mulbe Dillard Ms. Loretta Krydynski Mr. David Siebold Mr. and Mrs. Michael E. Hanlon Ms. Alexandra Rahman Ms. Sidney R. Dillard Ms. Cristie L. Labus Ms. Allison Singer Mr. and Mrs. Martin F. Hauselman Ms. Sharon Reed and Mr. Alfred W. Dinwiddie, II Ms. Dawn M. Larson and Ann Maria Stephan Jo Ellen Helmer Mr. Stewart M. Brase Mr. and Mrs. Carmine Di Sibio Mr. John C. Grabs Mr. Guy Summers Lee Henderson Ms. Katlyn M. Regan Mr. Wayne Ebersberger Kathy and Kent Lawrence Evan B. Sussholz Ms. Arkisha V. Howard Mr. and Mrs. Michael E. Regan Mr. Brian Fahey Ms. Victoria Long The Hon. Bill Taylor Mr. and Mrs. Greg Huff stetler Mr. Steven Resnikoff Mr. Joseph Fanning Lucky Locators, Inc. Mr. Luke A. Thumm Mr. and Mrs. Michael A. Hughes Ms. Julie M. Rose Mr. Michael B. Fazekas Mr. Derek E. Lyttle Ms. Maria Torres Mr. and Mrs. Michael A. Humphrey Kimberly Anne Rowe Mr. and Mrs. Jonathan A. Ford Mr. Christopher M. Mason Mr. Martin Traub Mr. and Mrs. Ricardo Jenkins The Law Firm of Rowe & Associates Mr. and Mrs. Stephen Fortino Mrs. Gloria Materre Mr. Martin Trekas Mr. Richard T. Jones Chris Sandberg Mr. Clayton A. Gibson Mr. and Mrs. Robert J. Mathes Dr. and Mrs. Michael I. Vender Mr. and Mrs. George P. Kalaiwaa Mr. and Mrs. Brett A. Saternus Ms. Christi R. Gidcumb Meta4 Design Mr. and Mrs. Charles Walls Mr. and Mrs. Mark E. Kaplan Mr. and Mrs. Michael F. Schueth Ms. Jane Goldenberg and Mr. and Mrs. Christopher Mier Mr. and Mrs. Daniel M. Warner Kory Craig Kebert Mr. and Mrs. Troy D. Smith Mr. Thomas M. Schwarz Mr. James Miller Weinberg/Newton Family Foundation Ms. Annie C. Kolman Tyler Smith Albert Grace Mr. and Mrs. Charles A. Moore Dr. Eric Whitaker Mr. and Ms. Soren Krebs Siekierski Mr. and Mrs. Norman S. Solomon Mr. and Mrs. Paul Gray Mr. Robert Moyer Ms. Wanda White Ms. Anu Krishnan Ms. Mary Ann Stack Mr. and Mrs. Peter B. Griffi n Mr. and Mrs. Brad Newman Mr. Darrell Williams Mr. and Mrs. Arthur Kuesel Mr. and Mrs. Burton I. Stender Mr. and Mrs. William Griffi th Mr. Jesse Newton Mr. Adam M. Wilson Natalie Rianne Kuns Emily Dolores Sterling Mr. Glenn C. Hager Ms. Patricia Novosel Ms. Eileen S. Winikates Ms. Katherine E. Kurtzman Christopher R. Stipe Ms. Kerri Hagy Girlie O’Donoghue Ms. Celeste E. Wright Harris Mr. and Mrs. Robert Langer Mr. Lucas A. Stock Mr. Brian Hall Lyra Pagana Ms. Stacey Wronkowski Ms. Lydia Lehotsky Lonnie Stonitsch Mr. Kenneth Hallman Mr. George Pappageorge Mr. and Mrs. Larry Yellen Mr. Robert B. Lifton and Mr. and Mrs. Vincent Y. Tsang Mr. Paul J. Hammes Mr. and Mrs. Jeff rey Pearsall Mr. David Zaslavsky Ms. Carol Rosofsky Christine Valentino Jason Hamill Mr. Robert Pickens Mr. and Mrs. Daniel N. Zederman Shapelle J. Lilly Ms. Ballarie Wadlington Mr. and Mrs. Michael Hart Ms. Eileen D. Piechocki Mr. Jerry Zinkula Ms. Latoya L. Locke Ms. Lucille White Mr. and Mrs. Andrew Heilig Mr. Michael Pifko Ms. Andrea L. Zopp, Esq. Bess Magnuson Mr. and Ms. Ryan Witcher Mr. Larry B. Heuer and Ms. Therese B. Porter Emily Magnuson Katharine Zeller Mrs. Margaret A. Morrison Mr. Quintin Primo, III Will Magnuson Ms. Kerry Zobel

$1–$99 Mr. and Mrs. Marcel J. Haas Mr. Hsuan-Ying Lee Mr. Daniel Sieburg Chicago White Sox Mr. Brent Adam Ms. Melanie L. Hacket Mr. Hee Jung Lee Mr. Ried W. Spearin Crain’s Chicago Business Ms. Sharon Adeeyo Ms. Krystal T. Hatchett and Ms. Amy C. Lewis Ms. Kathy D. Stanton DIGITAS Mrs. Shailaja Alva and Mr. Robert Jacobs Maevalene Luna Ms. Nithya Subramaniam Dr. Judith Docekal Mr. Abraham M. Van der Kamp Kawana Hebron Mr. Andrew C. Lyons Ms. Katherine Tanner Ernst & Young LLP Mr. and Mrs. Lucian E. Angelo Mr. and Mrs. Harry Heifetz Ms. Janelle K. Martin Ms. Tamara J. Tarazi Extra Mile PR Mr. Thomas W. Askey Ms. Alicia M. Highsmith Ms. Charlotte McKay Mr. Jangmi Taylor and Mr. and Ms. Michael Isroff Aileen Wright Bacon Ms. Deborah G. Holloran Mr. and Mrs. William Metzger Ms. Eartha Z. Wieman Mr. and Mrs. Michael L. Keiser Ms. Dolores Baratta Ms. Kristin A. Hoogerhyde Ms. Marilyn Morriss Ms. Lineata Thompson Michael and Lisa Kornick Ms. Angela R. Boer Ms. Michelle M. Hughes Jeff rey David Newcomb Ms. Danielle M. Tisci Ms. Michele Lustig Mr. Steven J. Bokiess Ms. Jessica A. Hussong Mr. Alex S. Newman Ms. Claudia A. Vaz William D. Mack Ms. Antoinette L. Bordelon Mr. Daniel J. Jerneycic Mr. Matthew Noff ke Mr. and Mrs. Ray N. Wagner Minasian Rug Company Ms. Aissa Boudadi Thomas Johannesen Mr. and Mrs. Bennett W. Ockrim Mr. Gordon G. Waldron Motorola Foundation Mr. and Mrs. Martin J. Bovee Kristin Johnson Ms. Emily Panici Mr. and Ms. Thomas P. Ward Museum of Science and Industry Ms. Phoegina Brown Ms. Melody J. Johnson Ms. Rita V. Patel Ms. Helen R. Wargel Ms. Nancy Newberger Mr. Jason L. Bush Justin Jones Ms. Payal B. Patel Ms. Audrey F. Washington Ostrow Reisin Berk & Abrams, LTD Ms. Rhonda Campbell Austin Kapustka Ms. Helena D. Phan Mr. Dean W. Wolf Perillo BMW Mr. and Mrs. Patrick Cannone Katherine Karlix Mr. Charles Pikul Mr. Brandon M. Wright PlumThree Marketing and Design Mr. Justin L. Casciola Christine Keavy Mr. Rustin J. Rethemeyer Ms. Brittany Yamamoto Sally Ride Science Ms. Melissa Cheng Ms. Amy Kim Mr. Daniel Rezek Ms. Christine M. Zada Sarpino’s Pizzeria Ms. Soo Hee Choi Mr. Michael S. Klaessy and John Ridgeway Mr. and Mrs. Robert Stone Ms. Betty Codell Mrs. Susan L. Poll-Klaessy Mr. Aaron J. Robison Gifts-In-Kind Ms. Nicole M. Thomas Mr. and Mrs. Nick Dalgety Mr. Kevin D. Klintworth Thomas Rubenacker The Law Offi ces of Hall Adams Unique Active LLC Mr. William Dixon Wee Wen Kok Mr. and Mrs. Henry J. Rusek Mr. and Mrs. Laurence B. Ashkin Ballerie Wadlington Mr. Neil Donovan and Ms. Ellen Shriver Mr. and Mrs. James W. Krieger Frank Schimmel J Brown Photography Wanda White Bryce Faulkner Mr. and Mrs. Daniel Kurtzman Mr. and Mrs. George W. Schrieder Cafe Bionda Winston & Strawn Hasson Garland Mr. Brent Lamm Ms. Jasmin E. Sepulveda Mr. Jeff rey C. Camplin Kevin Gross Ms. Joslyn E. Leass Ms. Kristen Shaff er Chicago Cubs www.pcsedu.org 312.604.2200 2011 ANNUAL REPORT 9 2011 Audited Financials Statement of Financial Position Statement of Activities

Assets Year Ended June 30, 2011 Revenues Year Ended June 30, 2011 Cash $ 2,221,963 All government sources $26,526,132 Pledges/other accounts receivable, Contributions: prepaid expenses and deposits 2,196,272 Individuals 340,973 Property and equipment, net 7,789,526 Corporations/Foundations 1,251,730 Total Assets $12,207,761 Other 1,648,403 Total Revenues $29,767,238 Liabilities Accounts payable, accrued salaries Operating Expenses and related liabilities $ 3,723,266 Program services $26,687,815 Capital lease obligations/deferred Management and general 2,105,300 rent and revenue liability 677,443 Fundraising 247,449 Notes payable 2,390,828 Total Operating Expenses $29,040,564 Bond payable 5,100,000 Total liabilities $11,891,537 Operating Income 726,674 Total net assets $ 316,224 Total Liabilites and Net Assets $12,207,761 Other expenses: Depreciation and amortization $1,135,136 Interest 238,331 Total Depreciation, Amortizaton and Interest $1,373,467

Change in Net Assets (646,793) Net Assets, beginning of year $ 963,017 Net Assets, end of year 316,224 BEREFLECTIVE Governance

Board of Directors Advisory Council Laurence Ashkin, Chairman Anne Bent, Robert Blackwell Jr., Joel M. Stender, Vice Chairman John D. Chavez, Howard Davis, Deborah Stevens, Treasurer The Rev. Wilfredo de Jesus, Loren A. Weil, Secretary Luis Diaz-Perez, Evan Djikas, Fay Ferguson, Barbara Fosco, Hall Adams, III, William Anspach, Jr., Lisa Kornick, Janice MacVicar, David E. Baker, Rick Callahan, Steve Milter, Johnita W. Mizelle, Trevor Clark, Michelle M. Hughes, John Musachia, Rebeca Nieves Huﬀ man, William D. Mack, Paul B. O’Kelly, Nick Rosa, Steven Turckes, Anthony A. Robinson, Craige Stout Steven L. Washington, Stephen Willis

10 2011 ANNUAL REPORT www.pcsedu.org 312.604.2200 Dear Friends of Perspectives,

Like the students we serve, the people of Perspectives never cease to amaze me. There is an unwavering commitment to improving student achievement, expanding student opportunity and teaching personal responsibility to every student. At Perspectives, we are relentless in our quest for excellence and genuine in our passion for supporting young people. All of this is why we are the Perspectives Family—fostering stories of success, one student at a time. You, too, are an invaluable part of this family.

At Perspectives, we “educate students for college and prepare students for life.” This year, 93% of our graduates enrolled in college, and 78% of our 2010 graduates who enrolled returned for their sophomore year. This is in a city where only 8% of public school students graduate from college. Perspectives students are beating the odds—more so with

each passing year. Photography Young Andrew Cofounder and Chief Education Oﬃ cer Kimberlie Day, In the face of significant hurdles, our team always finds a way to Chief Executive Oﬃ cer Rhonda Hopps, and overcome. This proved to be an especially challenging year on the Cofounder and President Diana Shulla-Cose, financial front after an unexpected 4% funding cut from Chicago surrounded by students at Perspectives Public Schools. Since charter schools already receive less in per-pupil Leadership Academy. funding than traditional schools, this new cut turned up the pressure. We cut costs where we could without damaging the classroom environment, generating positive operating cash flow and setting ourselves up for a stable and financially successful 2011–2012 year.

Despite the challenging financial landscape, we find ourselves reporting on another year of tremendous hard work and remarkable successes. We continue to grow and improve our network of schools. We are building in tools that will allow us to evaluate and track A Disciplined Life® and provide staff even more professional development. We are fine-tuning our academic model by strengthening the structures and processes we use to create outstanding learning environments. Within our operations department, we have instituted smart changes to our purchasing and operational policies so that we can continue to exercise fiscal discipline and make the most out of every dollar we receive. Our facilities team has worked tirelessly to polish, repair and upgrade our buildings so that our students have better learning environments in which to thrive. Our information technology team has overhauled our technology infrastructure, equipping our classrooms for the 21st century.

Perspectives students and staff practice the A Disciplined Life principle “show gratitude.” We are grateful for you. Our students’ lives change when we work together to provide classrooms that turn students into college-bound graduates and upstanding citizens. Thank you for contributing to our work and please spread the word—let us continue Perspectives’ trend of success together.

With gratitude and respect, J Brown Photography Photography J Brown

Jessica Acevedo, Jasmin Bailey, Evan Baker Rodney D. Joslin Graduation, May 2011 Rhonda Hopps, CFA Chief Executive Officer 2011 ANNUAL REPORT 11 Perspectives Charter Schools is a network of ﬁ ve high-performing, tuition-free schools in Chicago. Chartered by the state of Illinois in 1997, our schools are non-selective and serve urban students in the 6th through 12th grades. Perspectives’ innovative curriculum is noteworthy for its longer school days, double-period math and literacy classes, A Disciplined Life® classes, frequent ﬁ eld studies, and project-based learning opportunities.

We prepare students for success in college, in the workplace and in life. Our mission is to provide students with a rigorous and relevant education, based on the principles of A Disciplined Life, that prepares them for life in a changing world and helps them further become intellectually reﬂ ective, caring and ethical people engaged in a meaningful life.

At Perspectives, we are changing the course of young lives, one student at a time. ABOUT PERSPECTIVES CHARTER SCHOOLS Our Schools 1 1 Rodney D. Joslin Campus 4 Perspectives 1930 South Archer Leadership Academy Chicago, IL 60616 8131 South May Street 312.225.7400 Chicago, IL 60620 773.358.6100 5 2 Perspectives Middle Academy 5 Perspectives/IIT 8131 South May Street Math & Science Chicago, IL 60620 Academy 773.358.6300 3663 South Wabash Chicago , IL 60653 3 Perspectives High School 773.358.6800 of Technology 8131 South May Street Chicago, IL 60620 773.358.6120 2 4 3 For more information or to learn more about our schools, please visit www.pcsedu.org or call 312.604.2200.