Futures and Options 2008 Annual Report

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Annual Report 2008


“We cannot always build the future for our youth, but we can build our youth for the future.� - Franklin D. Roosevelt

Table of Contents Our Mission ........................................................................... 1 A Message from our Chairman and Executive Director............. 2 Highlights................................................................................... 3 The Internship Program............................................................. 4 Our Goals................................................................................... 5 The Pre-Internship Program...................................................... 6 Corporate Volunteering............................................................. 6 The Urban Leadership Fellows (ULF) Program...........................7 2008 Graduating Seniors in College...........................................8 Our Financials............................................................................ 9 Our Contributors..................................................................... 10 Our Internship Sites................................................................. 11 Our Staff and Board................................................................. 13


Our Mission

Futures and Options (FAO) empowers New York City’s underserved high school students to explore careers. FAO reaches out to students at a formative time of their lives, guiding and motivating them to further their education and become productive, contributing citizens of the community. Through paid mentored internships, this model program enables businesses and nonprofits to

gain access to promising, motivated and diverse young interns, who in turn gain much needed access to the economic mainstream, career development and support from caring adults. We believe that a paid, mentored internship can change a life forever.

Futures and Options intern Tatiana Torres and her supervisor, Jeremy Schneider, of the Alliance for Downtown New York 2008 ANNUAL REPORT | 1


A Message from Our Chairman and Executive Director Dear Friends, Futures and Options understands the value and significance of strong partnerships. Together with our private and nonprofit business partners and supporters, we are helping to change young people’s lives and the future of our community. In today’s world, this is a much welcomed and needed endeavor.

contributions at work. They ask intelligent and probing questions, offer their ideas and become inspired to continue their education at the college level and beyond. As the mentors and interns work together – in partnership – each learns from the other and gains insights on the possibilities for the future.

Futures and Options believes that with the right support and education economically-disadvantaged young men and women can shape their destiny. Regardless of the challenges they face, it is within their power to take the steps needed for success in life: graduate from high school, obtain a college degree, and pursue a meaningful a career. Futures and Options provides this essential support and education to the youth of New York City who need it most. Each day, New York City high school students apply to the Futures and Options youth career development program. Their lives are filled with adversity, their support systems are fragile, yet their will and determination to make better lives for themselves and their families are strong. These young men and women deserve a chance to work to make their dreams come true and to grow up to become contributing, self-reliant citizens of our community.

Why is it vital to provide young people living on the edge of poverty the opportunity to work? The research clearly shows positive life-long outcomes for young people who have the opportunity to work during their high school years. High school students who work appreciate the relevance of school and understand the link between school and the job market. Additionally, economically-disadvantaged students who work while in high school graduate at a higher rate, become pregnant less often, have lower involvement in delinquent behavior and are more likely to become lifetime, contributing tax payers, compared to the high school students who do not work.*

Thanks to the Futures and Options program, they get the chance. Through our career development workshops, paid mentored internships and college guidance, New York City’s underserved teens receive the support they need to change their future. Futures and Options youth are prepared for the workforce and matched with paying internships at private and nonprofit business sites. Paid mentored internships foster a sense of responsibility and allow young people to earn needed money while doing meaningful work. To enhance the impact of the internship experience, Futures and Options encourages positive, caring relationships between our young interns and the caring adults in the workforce. Our internship site partners act as mentors to our interns, sharing their career experiences and the wisdom they have gained, as well as teaching technical skills. Our interns are eager to learn and make

We very much appreciate our Board of Directors, partners, contributors, volunteers and friends, who invest time, energy and finances in support of New York City high school students who are striving to build their careers and contribute to our City. Together, we are making a difference in their lives. Futures and Options is working to develop New York City’s workforce of tomorrow. There is so much more to be done. Please join us by supporting our work, developing intern opportunities at your business, or by sharing our work with your colleagues and friends. Sincerely,

William Bernstein Chairman, Board of Directors

Patricia Machir Executive Director

* Dr. Andrew Sum, Professor of Economics and Director of the Center for Labor Market Studies at Northeastern University, “The Deteriorating Labor Market and Economic Well Being of the Nation’s Teens, Young Adults (20-29 years old) and Young Families: A Renewed Call for National Action.” 2 | 2008 ANNUAL REPORT


CONNECTING URBAN YOUTH TO CAREERS

Highlights

Futures and Options envisions a world where all New York City teenagers have an opportunity to explore career options and experience the world of work first-hand. We are proud of the following accomplishments from 2008.

expanding the Pre-Internship Program next year to 20 middle and 60 high school students.

This year corporate volunteers added significantly to the Futures and Options programs. We welcomed volunteers from Gap, Futures and Options successfully coordinated and monitored 204 Lehman Brothers, Lower Manhattan Cultural Council and Priceinternship placewaterhouseCoopers, ments for students who helped open the We have participated for many years and are still from 46 New York doors of career posamazed at the number of bright young men and City high schools. sibilities for our teens Students interned at in both the internship women we have had the privilege to work with. 90 private and nonand pre-internship — Marianne Passalacqua, profit businesses. programs.

Ninety-five percent of our graduating seniors will attend college in fall 2008, and six of the students who are attending college in New York City will continue to work at their internship sites during their freshman year. One of our interns, Stevens Kelly, from Brooklyn Preparatory High School, won the New York Times College Scholarship, which is awarded to 20 New York City high school students who have overcome exceptional hardship to achieve academic excellence. Each student receives a fouryear college scholarship, mentoring and summer employment. Stevens will be attending Cornell in fall 2008.

Hawkins Delafield & Wood LLP

In June, Futures and Options hosted Cocktails in the Sky, at Mansueto Ventures, to thank our donors, internship site partners and friends, and to let more people know about the positive work happening through the Futures and Options program for the youth of New York City. At the event, the new Futures and Options video premiered, which spotlights our interns and our partners, and their experiences with the program.

This year has been a transformative one for Futures and Options. The Board of Directors grew from six to 17 members, all dedicated to building the Futures and Options program. Fundraising This year Futures and surpassed previous Options launched a years, with indipilot Pre-Internship vidual contributions Students participate in a career development workshop in April program for 14 teendoubling the total agers who were not amount raised throughyet prepared for the internship experience because of age, matu- out the history of the organization. In addition, to diversify our rity or skill level. This program prepares young people to enter income streams, Futures and Options joined a Celebration to an internship with confidence and a clearer idea of the working Benefit New York Kids 2008, a fundraising program for small world. Thanks to generous funding from the Lily Auchincloss nonprofits run by Youth, I.N.C. Celebration culminates in a gala Foundation and Gap Foundation, Futures and Options will be on November 20, 2008. 2008 ANNUAL REPORT | 3


Our Internship Program

Futures and Options connects New York City’s underserved high school students to careers. Since its inception in 1995, FAO has coordinated 3,000 internships at 400 private and nonprofit businesses in New York City. Over 95 percent of our students complete their internships successfully, graduate from high school and pursue higher education after their high school graduation.

career stories. FAO also helps participants with their search for colleges and universities and their college and financial aid applications.

In 2008, Futures and Options coordinated and supported 204 paid, mentored internship placements at 90 private and nonprofit businesses throughout New York City. The Futures and Options Core Internship Program is open to students and internship site partners throughout the year. Core internship sites offer paid internships for at least nine hours per week during the school year and/or at least 20 hours per week during Interns participate in a workshop in May the summer months.

A student is introduced to Futures and Options through our high school recruitment efforts, relationships with school counselors and also our website. Once the student sends his or her application to Futures and Options, he or she is invited to come into our office for an interview with one of our two program In addition, we have several programs that are generously coordinators. Through the interview we learn about the funded through foundations and corporations. During the student’s career aspirations and his or her skill set. The stu- summer of 2007 we entered our fourth year of funding dent is then sent to from the Charles Hayden an interested private Foundation, allowing This is an excellent program providing job or nonprofit busius to run the six-week and career development for youth as well as ness for an interview. summer Charles Hayden providing administrative support to our Once hired, an intern program, serving 27 organization. works an average of students from The Fred— Vanessa Ramos 12 hours a week and erick Douglass Academy, The Committee for Hispanic Children and Families attends our career Liberty High School development workAcademy for Newcomshops, which emphaers, Hostos Lincoln Acadsize soft skills such as communication, interpersonal relaemy of Science, and High School for Health Professions tions, proper business demeanor and attire. In addition, and Human Services. We also received our eleventh year interns practice interviewing and resume writing, problem of funding from The Municipal Forum of New York, Inc. to solving and negotiating skills. They learn about managing manage the Urban Leadership Fellows Program, and we their personal finances and the importance of networking, received funding from The McGraw-Hill Companies to run go on career exploration field trips and attend presentathe McGraw-Hill summer program for the students in their tions by professionals who volunteer to share their own mentoring program at Morris Campus High School. Thanks

4 | 2008 ANNUAL REPORT


CONNECTING URBAN YOUTH TO CAREERS

to funding from HSBC Bank USA, N.A., we were able to place 15 George Westinghouse High School students at internships at nonprofits this spring.

College Guidance In addition to placing interns at private and nonprofit organizations, college guidance is central to our mission. Resources within the high schools are limited and we find that our interns need more one-on-one attention in this area. In the fall, we held an allday workshop on Election Day for our interns. After a presentation on the college application process, financial aid and scholarships, our FAO college advisor set up individual consultations with students. In the spring, we held one workshop on the financial aid application and one workshop on college acceptances and financial aid awards.

Our FAO intern helped us during the most busy time! Her professionalism, positive attitude and ability to take initiative was so impressive and saved us time by not having to micromanage. — Ellen Mahoney, iMentor

Goals Grow the Pre-Internship Program to reach more high school students who would benefit from the work-readiness skills training and career development workshops. Develop a model middle-school Pre-Internship Program to inspire and motivate younger students and reach them before they enter high school. Share our Pre-Internship curriculum and technical expertise with schools and community-based organizations. Coordinate and support 10 percent more internship placements in 2009. Strengthen our corporate strategic partnership program by recruiting new internship sites and expanding our corporate volunteer activities. Develop an enriched college guidance program for junior and senior high school students with a series of workshops beginning junior year to encourage the pursuit of a college degree.

Raymundo Vasquez creates a collage in a workshop on long-term goal setting

Establish a Futures and Options Alumni Association to foster networking among college students and young professionals. Evaluate the impact of the Futures and Options program on our interns to document benefits of participation in the program. 2008 ANNUAL REPORT | 5


NEW IN 2008

Our Pre-Internship Program

In an effort to assist students who show motivation and eagerness to work but need extra support, Futures and Options piloted a Pre-Internship Program this year. FAO’s program provides basic preparation for the work world as well as the opportunity for students to practice and improve their interpersonal, communication and office skills. The pilot program served 14 students and consisted of 10 two-hour workshops. The Pre-Internship Program’s work readiness and career development workshops cover interview skills, communication skills, career exploration, time management, workplace etiquette, and resume writing. The program also includes two career exploration field trips and mock interviews with corporate volunteers.

Melinda Soto, a Pre-Internship participant, practices interviewing with Ricardo Gualdarrama, a volunteer from Gap

Thanks to funding from the Lily Auchincloss Foundation and Gap Foundation, the Pre-Internship Program will expand to 80

participants in 2009, with two groups of 40 students in the fall and spring semesters.

Corporate Volunteering This year Futures and Options introduced a corporate volunteer program, thanks to several New York City companies whose employees organized career exploration activities at their offices and at FAO workshops. Interaction with the volunteers exposed our students to a wealth of career options. Lower Manhattan Cultural Council Career Exploration Students in the Pre-Internship Program visited LMCC for breakfast and spoke with six volunteers who shared stories of their career paths. Lehman Brothers Job Shadowing Fourteen interns from the spring program traveled to Lehman Brothers 6 | 2008 ANNUAL REPORT

for lunch and participated in oneon-one job shadowing and mock interview workshops with Lehman Brothers volunteers. PricewaterhouseCoopers Career Nicholas Johnson, a Gap volunteer, walks ElizaExploration beth Hernandez through the interview process Students from the Pre-Internship Program paid a visit to PricewaterGap Career Exploration Activities houseCoopers for a presentation about Ten students from the Pre-Internship the company by two volunteers from Program went to Gap’s New York their Human Resources and Recruiting headquarters for a career exploration Department. The students participated workshop called “My Crazy Career Path,” in a small group assignment that chalfacilitated by three Gap volunteers. At lenged them to develop a plan to build the Closing Pre-Internship Program a community center. Their plans were workshop, two Gap volunteers interpresented to PricewaterhouseCoopers viewed each student and provided onfor funding, with cost estimates and an the-spot advice and tips. explanation of the community benefits.


CONNECTING URBAN YOUTH TO CAREERS

The Urban Leadership Fellows (ULF) Program

Since 1996 The Municiwhere the students gave prepal Forum of New York, sentations highlighting their Inc. has partnered with experiences and appreciation Futures and Options to for the program, mentors and offer the Urban LeadFAO staff. ership Fellows Program during the summer to The partnership between The graduating high school Municipal Forum of New York, seniors who have exInc. and Futures and Options pressed an interest in creates an outstanding propursuing a career in figram for young people who nance. Applications for are interested in careers in the Urban Leadership the municipal finance arena. Fellows program were The program management distributed to students is funded by the Municipal through the New York Forum. The members of the City Department of Education Fund Committee of Education’s Academy of Olga Bogomolova receiving a Certificate of Achievement from FAO the Municipal Forum recruit Finance programs and the internship sites, and ULF Program Coordinators Tyran Williams and Digmarie Ruiz the Inner City ScholarScholarships are provided ship Fund program of on an annual basis to those the Archdiocese of New York. In 2007, 59 students submitted ap- students who maintain a 3.0 GPA or above in college. This year plications, and each applicant was invited to Futures and Options 40 students qualified for $1,000 scholarships, and one student for an interview. Thanks to The Municipal Forum of New York received the $1,500 scholarship for an essay on community Youth Education Fund Committee’s site recruitment efforts, 25 service. companies in the municipal bond industry provided internships The Urban Leadership Fellows Program internship sites to 30 students. included: The students graduated from the Academy of Finance at 8 different high schools, including: Bronx School of Law and Finance, John Dewey High School, Fort Hamilton High School, Paul Robeson High School, the High School of Economics & Finance, Grace H. Dodge Vocational High School, James Madison High School, and All Hallows High School, which is an Inner City Scholarship Fund school. Students received a total stipend of $2,400 for the six-week internship and a $250 book award at the completion of the program. Before the start of their internships, students attended two FAO orientation sessions, an opening breakfast at Bayard’s with their supervisors, and a full day at Bond School. In addition to their work at their internship sites, students participated in a FAO workshop and two public speaking workshops. The program ended with supervisors and interns gathering for a closing lunch hosted by Securities Industry and Financial Markets Association,

ACA Financial Guaranty Corporation Bear Stearns & Co. Inc. The Bond Buyer Citigroup Global Markets Inc. Empire State Development Financial Security Assurance Inc. First Albany Capital Inc. Fitch Ratings Ltd. Hawkins Delafield & Wood LLP Lehman Brothers Inc. Loews Corporation Merrill Lynch & Co., Inc. Moody’s Investor Service M.R. Beal & Company

The New York City Comptroller’s Office New York City Office of Management and Budget Orrick, Herrington & Sutcliffe LLP Public Resources Advisory Group Inc. RBC Capital Markets Roosevelt & Cross, Inc. Samuel A. Ramirez & Company Inc. Securities Industry and Financial Markets Association Squire, Sanders & Dempsey, L.L.P. Standard & Poor’s 2008 ANNUAL REPORT | 7


NEXT STEPS FOR OUR INTERNS

2008 Graduating Seniors in College Name

College Attending

Name

College Attending

Daniela Abreu Mahatabul Alam Ahmed Ali Crystal Almanzar Trenton Alston Arbiana Asani Sindy Baldayaque Justin Banks Albert Baranov Julius Beaton Jacqueline Berko Farah Bernadin Tarra Kenia Bernadin Ashley Blakely Kathleen Blanco Eleanore Bumpurs Patricia Burden Casida Caines Jareen Calliste Jane Chen Wanda Chen Benjamin Chu Alicia Cruz Janiris De Jesus Alana Dobbins Jefferson Duong Derrome Edwards Ahmed Elsayed Henry Eng Rijvee Fakhruddin Yang Chen Fan Jia Feng Cheickna Fofana Karina Galinskaya Lynette Garcia Ayisha Gomez Khubaib Gondal Luis Gonzalez Shaquan Harley Durrani Henry Jellisa Joseph Stevens Kelly Martin Kim Lee Kriegel Viktor Kytmanov

Baruch College University of Hartford Baruch College Borough of Manhattan Comm. College New York City College of Technology Hunter College SUNY at New Paltz York College Baruch College University at Albany Medgar Evers College University at Albany Temple University Fashion Institute of Technology John Jay College of Criminal Justice New York City College of Technology Lehman College Brooklyn College Kingsborough Community College Pace University Stony Brook University Baruch College Medgar Evers College SUNY at New Paltz York College Baruch College SUNY Canton SUNY at New Paltz University at Buffalo Baruch College St. John’s University Baruch College Pomona College University at Buffalo New York City College of Technology Lincoln University Brooklyn College St. Bonaventure University Monroe College Morehouse College University at Albany Cornell University Stanford University New York University Brooklyn College

Rodney Leach Maggie Lee Vernon Leung Aaron Li Jiaqi Liao Helen Lin Christine Liu Adel Ljaljic Teodulo Lopez Katherine Martinez Shana Mitchell Lorena Montalvo Jessica Murray Dajehnne Nisbett Jonathan Nixon Yang Pan Jessica Perez Tenelle Pierce Amanda Pusey Amaury Ramirez Melissa Rikhi Omar Robinson Angel Rosa Renauta Sailsman Inderia Samsundar Samuel Sanchez Aymel Sanchez Matt Shaw Sashae Silvera Matthew Sneh Naomi Sosa Franchesca Soto Terrell Stephen Geraldine Tam Tatiana Torres Irina Vasilyeva Raymundo Vasquez Tyrell Washington Lutara Washington Abigail Williams Devona Wise Elaine Wong Elaine Wu Annie Wu Tammy Yu

St. John’s University New York City College of Technology Dickinson College University at Buffalo Skidmore College Baruch College Hunter College New York City College of Technology Baruch College Medgar Evers College Lincoln University Lehman College University of Hartford SUNY Delhi Quinnipiac University Stony Brook University Kankakee Community College Nazareth College Binghamton University Hobart and William Smith Colleges Baruch College New York City College of Technology Baruch College John Jay College of Criminal Justice John Jay College of Criminal Justice Queens College Stony Brook University Le Moyne College Lehman College Morrisville State College Le Moyne College Fordham University Johnson & Wales University College of Mount Saint Vincent University at Buffalo University at Albany Alfred University College of Staten Island Wesleyan University SUNY College at Old Westbury Baruch College Medgar Evers College Pace University Skidmore College College of Staten Island

8 | 2008 ANNUAL REPORT


CONNECTING URBAN YOUTH TO CAREERS

Our Financial Summary Statement of Activities Support and Revenues Unrestricted: Contributions Contributions In-Kind Government Grants Interest Income Total Support and Revenues

June 30, 2007

June 30, 2006

$405,233 5,000 2,018 $412,251

$397,097 10,000 3,897 2,082 $413,076

Expenses Program Expenses: Internship Program Total Program Expenses

366,052 $366,052

363,868 $363,868

Management and General Fundraising Total Expenses Increase/ (Decrease) In Net Assets

57,036 15,467 438,555 ($26,304)

68,656 28,087 460,611 ($47,535)

Assets Cash and Cash Equivalents Grants and Contributions Receivable Prepaid Expenses Property and Equipment, Net Total Assets

143,588 5,171 4,520 33,686 $186,965

146,761 14,387 3,413 40,912 $205,473

Liabilities and Net Assets Liabilities Total Net Assets Total Liabilities and Net Assets

25,056 161,909 $186,965

17,260 188,213 $205,473

Statement of Financial Position

Amounts are summarized from the audited financial statements provided by Skody, Scot & Company, CPAs, P.C., dated December 15, 2007.

2008 ANNUAL REPORT | 9


Our Contributors We are sincerely grateful to our contributors for their financial support.

Corporate and Foundation $100,000+ Alliance for Downtown New York, Inc. $50,000+ The Charles Hayden Foundation $25,000+ HSBC Bank USA, N.A. The Municipal Forum of New York, Inc. The Pinkerton Foundation $10,000+ Helena Rubinstein Foundation $5,000+ The McGraw-Hill Companies $1,000+ Alan Weiss Productions Borough of Manhattan Community College Chipotle Citigroup Foundation Education Development Center, Inc. James T. Lee Foundation Jet Blue Airlines Learning Leaders Michael Tuch Foundation National Medical Fellowships, Inc. National Sports Attraction, LLC SHARE, Inc. Individual Contributors Mentors ($1,000-$9,999) Sameer and Sima Ahuja Cathy S. Callender CB Richard Ellis The Christen/Cook Family Hamilton-Madison House Joseph P. Conway Ephraim G. Fields Edward W. Machir Patricia S. Machir Meredith Rugg

10 | 2008 ANNUAL REPORT

Krystal Phillips shares her collage at a career development workshop

Coaches ($500-$999) Jason (Junchan) Hong Richard Kennedy Kristine E. Kern Denise S. Saroda Skody Scot & Company, CPAs, P.C. Sheila Stamper Two Bridges Neighborhood Council, Inc. Carl B. Weisbrod Believers ($100-$499) William and Mari Albanese William and Donna Bernstein Michael and Clare Mullarney Marianne Muench Busby Susan W. Bynum Gloria Cardona Virginia Connor Fabian Hassel and Carmen Teresa de Pinies Edward Eng Bruce Fagin & Company, Inc. Merlin E. Fisk John Lieber and Amy Glosser Judith Harley John and Diana Herzog Kristin Kohler Patrick and Katie Machir Herbert Mandel Robert Miller Mr. and Mrs. Mark G. Muller Dmitrijs Namajs Liliana M. Nunez Philip V. Oppenheimer Annabelle F. Prager Precise Corporate Printing, Inc. Christopher Phenner Frank Robert Walter F. Siebecker Grace O. Shafidiya Linda Yip Marcia Arnold Zeitlin Friends ($1-$99) Anonymous Antonella Abruscato Mieke Armstrong Martha Battles Patricia and Ronald Black Audrey W. Bloch

Kenneth W. Bond Betty Chan Elizabeth W. Christenson Sharon Cucinotta Patrice D. Dickens Thomas and Katie Donovan Herbert and Alice Gustafson Harris Interactive Gloria D. Ingrao Grace B. Julian Jacob and Irene Judd Jean Spencer Lemaitre Alice Liu Catherine Machir Manhattan College Bernard B. Markey Albana Mujaj Roland M. Peracca, Jr. Marianne Tabar Cliff R. Wasserman Geoffrey R. Wiener Sabrina L. Zavaglia In-Kind Donations Amish Fine Food Adamba Imports International Inc. Bobby Van’s Steakhouse Equinox Flowers of the World Gap Foundation J.Crew Mansueto Ventures Sports Museum of America Though Futures and Options has made every effort to ensure that our listing of contributors is complete and accurate, please accept our apologies for any errors or ommissions. If this is the case, please notify us with your correction at 212.601.0002.


CONNECTING URBAN YOUTH TO CAREERS

Our Internship Sites

ACA Financial Guaranty Corporation Adaptive Design Association, Inc. Adult Literacy Media Alliance AFS Intercultural Programs Alliance for Downtown New York Ambac Financial Group, Inc. American Documentary, Inc. - P.O.V. American International Realty Corporation The Baddish Group Bear Stearns & Co. Inc. Big Apple Greeter Bike and Roll LLC The Bond Buyer Brooklyn Arts Council Brooklyn Philharmonic CB Richard Ellis Center for Children & Technology Century 21 Department Store Children for Children Children’s Museum of the Arts Citigroup Global Markets Inc. City Bar Justice Center Committee for Hispanic Children and Families The Community Development Trust The Depository Trust & Clearing Corporation Doctors of the World-USA Empire State Development Corporation Equinox Fitness Financial Security Assurance Inc. First Albany Capital Inc. First American International Bank Fitch Ratings F.J. Sciame Construction Company Futures and Options GE Logistics and Trade Services Gruzen Samton LLP Hamilton-Madison House, Child Care Program Hawkins Delafield & Wood LLP

Hugh L. Carey Battery Park City Authority iMentor India House Foundation The Inner Resilience Program International Rescue Committee International Shipholding Corporation Junior Achievement of New York, Inc. Learning Leaders, Inc. Lehman Brothers Inc. Let’s Get Ready Loews/CNA Holdings, Inc. Making Books Sing Mansueto Ventures LLC McGraw-Hill Education Merrill Lynch & Co., Inc. MHG Architects, P.C. The Michael J. Fox Foundation Milbank, Tweed, Hadley & McCloy LLP Moody’s Investors Service M.R. Beal & Company Museum of American Finance Museum of Jewish Heritage National Medical Fellowships National Museum of the American Indian National September 11 Memorial & Museum New Water Street Corporation New York City Department of Small Business Services The New York City Office of the Comptroller New York Law Institute The New York Public Library New York State Nurses Association The Northwestern Mutual Financial Network NYC Office of Management and Budget Orrick, Herrington & Sutcliffe LLP Poets House

Public Resources Advisory Group RBC Capital Markets Roosevelt & Cross Inc. Samuel A. Ramirez & Co., Inc. Securities Industry and Financial Markets Assoc. (SIFMA) Siebert Brandford Shank & Co., LLC SHARE, INC. South Street Seaport Museum Sports Museum of America

Program Coordinator Digmarie Ruiz recruits new internship sites at our Cocktails in the Sky event.

Squire, Sanders & Dempsey L.L.P. Standard & Poor’s Teach For America, Inc. Teen Kids News TRIBECA Performing Arts Center United Cerebral Palsy of New York City, Inc. Variety International: The Children’s Charity Virtual Claims Services Youth, I.N.C. 2008 ANNUAL REPORT | 11


2008 IN FIGURES

90 95%

internship sites

college matriculation rate

204

placements

100%

high school graduation rate

12 | 2008 ANNUAL REPORT

46

high schools


CONNECTING URBAN YOUTH TO CAREERS

Our Board of Directors

Our Sta

William Bernstein Chairman

Patricia Machir Executive Director

Richard Kennedy Treasurer

Digmarie Ruiz Program Coordinator

Howard M. Rogatnick Secretary

Tyran Williams Program Coordinator

Barbara L. Christen Founder

Stefanie Jones Assistant Program Coordinator

Sameer Ahuja

Serena Handley Development Assistant

Cathy Callender Ephraim G. Fields Jamaal Glenn

Mary Stephan Administrative Assistant Janaris Torres Intern

Laura Henriques Stephen E. Hessler

Sabrina Zavaglia Educational Consultant

Kristine Kern James Liu Janet Mannheimer Stephanie L. Perry Arthur H. Sobel James Stone Seth Wolk

2008 ANNUAL REPORT | 13


120 Broadway, Suite 913 New York, NY 10271 Tel 212.601.0002 Fax 212.601.0005 info@futuresandoptions.org www.futuresandoptions.org This Annual Report was made possible by the kind generosity of Publishing Experts, Inc., Schmidt Printing, Inc. and Print Craft, Inc. We thank them for their contribution to this publication.


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