2017 ANNUAL REPORT
THE FUTURES AND OPTIONS EFFECT
FUTURES AND OPTIONS 2017 ANNUAL REPORT | 1
MICHAELA SHELTON · JOHN ESHIROW ·
NYC Ischool, Class of 2017 · Ponama College, Class of 2021
The Stony Brook School, Class of 2017 · University of Virginia, Class of 2021
ON THE COVER (TOP TO BOTTOM, CLOCKWISE) 1. CATHERINE TUM · The Bronx High School of Science, Class of 2017 · Baruch College, Class of 2021 2. ANDY JIANG · Eleanor Roosevelt High School, Class of 2018 3. GISCARD ANIAMBOSSOU · Cardinal Hayes High School, Class of 2018 4. AMARISE ALCANTARA · Baruch College Campus High School, Class of 2018 5. BRYCE BEACHE · Eagle Academy for Young Men, Class of 2017 · SUNY Oswego, Class of 2021 6. PRAGATI KHATRI · Metropolitan Expeditionary Learning School, Class of 2018 7. AYINDE EUSTACHE · Bard High School Early College Queens, Class of 2018
FUTURES AND OPTIONS MISSION Futures and Options empowers New York City’s underserved youth to explore careers and guides them to further their education and become productive citizens.
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TABLE OF CONTENTS Table of Contents
2
Letter of Thanks - The Futures and Options Effect
3
What We Do and Why
4
Our Impact in FY2017
6
Confidence and Focus: Andy Jiang
8
Opportunities and Possibilities: Morolake Thompson
10
Prepared for the Professional Work World: Liliana Nunez
12
Motivation and Communication: Esther Orekunrin
14
A Pipeline to Talent: Bill Welsh and Niki Castillo
16
Business Investment: Our Partners
18
Our Web of Support: Hector Bonilla
20
Aspiring to Higher Education: Michaela Shelton
22
The Places They’re Going
23
College Scholarships
24
Young Professionals Committee
25
Strategic Partners
26
Our Financials
27
The Barbara L. Christen Founder’s Circle
28
Board & Staff
32
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DEAR FRIENDS, At Futures and Options, we create opportunities that inspire each of our students to generate their own unique success. Futures and Options career development programs give diverse, high-need New York City students opportunities to explore career options, learn essential professional skills, and develop personal relationships that they will carry to a job, a college education, and eventually, a rewarding career. Every one of our alumni who succeeds in school and as a working professional offers proof that early access to career-readiness training and paid, mentored internships is a strong inducement for a teen to pursue a rewarding career path. We witness our students’ progress in areas we believe positively influence their ability to succeed in high school, college, and the workforce. We call it the Futures and Options Effect: students in our flagship programs, Career Essentials and the Internship Program, show growth in: •
Character and Confidence – being a role model, • doing what’s right, handling peer pressure, selfworth, and making good decisions
•
Interpersonal skills – listening, teamwork, consideration of others, conflict resolution, communicating with adults and peers, and meeting new people
•
Professional work-readiness skills – time management skills, professional behavior, phone and email etiquette, organizational skills, and computer skills
•
Exposure to and understanding of academic and professional opportunities – knowledge of careers and educational paths, opportunities to meet with a variety of professional adults, and having new, revised, or confirmed education or career plans Networking – opportunities to build a network with professional adults, plans to contact adults they meet during their internship after the program concluded, and making new friends
Futures and Options alumni featured in this report utilize these skills beyond our program, continuing to progress and grow. Additionally, many alumni remain involved in our organization, whether it be as mentors, Young Professional Committee members, or donors. Their continued support and faith in our organization are signs that our work has real impact and importance. They stand as a testament to the strength and effectiveness of our programs. The Futures and Options Effect would not be possible without the support and efforts of our remarkable business partners, dedicated volunteers, steadfast board of directors, exceptional staff, and wonderfully generous donors. Last year, Futures and Options reached nearly 1,200 youth, which is a record milestone. We are immensely grateful to those who make it possible for us to serve more youth every year. Your belief and our students’ success inspire us to reach further and strive for even greater results. With our heartfelt thanks,
Stephen E. Hessler Chairman, Board of Directors
Patricia S. Machir Executive Director
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WHAT WE DO AND WHY Futures and Options believes that all young people deserve a chance to achieve their potential in life and a career, and that New York City needs a diverse and prepared workforce. To this end, Futures and Options partners with the business community to provide transformative work and learning opportunities to motivated young people who lack the skills, knowledge, and access needed to be prepared for and succeed in the world of work.
HOW DO WE DO IT? By teaching valuable professional and life skills in engaging workshops. By partnering with businesses and professionals to provide actual paid jobs, in addition to career exploration, mentoring, and networking opportunities. By supporting young people and employers while they work. By learning and understanding what businesses need from the workforce. By training other professionals to deliver high-quality career development programs.
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WHY DO WE DO IT THIS WAY? To provide opportunities for young people to acquire and practice essential work and life skills. To push them in ways that shift their conceptions of themselves, what they can do, what others should expect of them, and what they should expect of themselves. To enable them to experience firsthand the dignity and responsibility of work. To prepare them to be competitive in the labor market and meet the diverse needs of the business community. Because early work experience has a proven positive impact on a young person’s long-term career and income trajectory.
OUR FLAGSHIP PROGRAMS Career Essentials provides work-readiness training and career exploration to middle and high school students. Students attend weekly workshops on topics including interview skills, time management, and resume writing, and go on career exploration field trips to different companies for a firsthand look at the working world. The Internship Program provides paid, mentored internships and careerreadiness workshops to teens 16 – 19 years old. Students acquire hands-on work experience, gain entry to small businesses, nonprofits, government agencies, and multinational corporations, and earn needed money.
OUR SUPPORTING PROGRAMS
The High School Success Program is open to high school alumni who have participated in Career Essentials or the Internship Program. Students continue to build their networks while maintaining their work-readiness skills through career development workshops and events. College student mentors support students as they navigate their higher education paths. The College Success Program pairs Futures and Options alumni in their freshman year of college with young professional mentors, and offers college alumni opportunities to attend events focused on networking, career exploration, and work-readiness skills. Bridge To Work, offered in partnership with NY Cares, gives high school students opportunities to volunteer, learn skills, and explore careers in the nonprofit sector.
The College Guidance Initiative offers group workshops to prepare high school students for the college application and selection process. One-on-one assistance with college and financial aid applications is also provided.
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OUR IMPACT IN FY2017 FUTURES AND OPTIONS REACHED 1,176 STUDENTS
23%
WHO ARE OUR STUDENTS?
Female 61% Male 39% African-American 34% Hispanic 27% Asian/Pacific Islander
23%
Multiethnic 3% Caucasian 4% Other 3%
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WERE IMMIGRANTS
28%
SPEAK ENGLISH AS A SECOND LANGUAGE
78%
QUALIFY FOR FREE LUNCH
OUR FLAGSHIP PROGRAMS THE INTERNSHIP PROGRAM
CAREER ESSENTIALS
408
170
INTERNS
87% ACHIEVED SUCCESSFUL COMPLETION
MIDDLE & HIGH SCHOOL STUDENTS
OUR SUPPORTING PROGRAMS College Guidance Initiative
17 Students
High School and College Success 71 Students On The Road
ACHIEVED SUCCESSFUL COMPLETION
SCHOOLS
171 Students
Bridge To Work
85%
High Schools
143
Middle Schools
2
Colleges 9
339 Students
99%
97%
OF SENIORS GRADUATE FROM HIGH SCHOOL ON TIME
OF GRADUATING SENIORS ATTEND COLLEGE
BUSINESS PARTNERSHIPS Internship Sites Career Exploration Field Trip Hosts
193 33
100% OF INTERN SUPERVISORS SAID THEY WOULD HIRE AN INTERN AGAIN THROUGH FUTURES AND OPTIONS
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My experience with Futures and Options made me more prepared to enter the workforce in a way I never imagined before.
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CONFIDENCE AND FOCUS
ANDY JIANG
ELEANOR ROOSEVELT HIGH SCHOOL, CLASS OF 2018 Career Essentials, Spring 2015 Bridge To Work, Summer 2015 Futures and Options, Intern Fall 2016 PineBridge Investments, Intern Summer 2017
As a sophomore in high school, Andy Jiang was eager to learn and looking for opportunities beyond the classroom. When given the chance to be a student in Career Essentials, Andy enthusiastically took it. Since then, he has persistently sought opportunities for personal and professional growth by taking advantage of all that Futures and Options has to offer. Andy graduated from Career Essentials successfully, and the following summer signed on for Bridge To Work, our summer program where students learn about New York City’s nonprofit sector and volunteer at various nonprofits. Then, Andy was hired as a Futures and Options intern for Career
Essentials, which constituted his first professional work experience. As a Career Essentials intern, Andy built upon his foundation of work-readiness skills. When he landed a summer internship at PineBridge Investments, Andy felt prepared thanks to the knowledge and skills he had acquired through Futures and Options programs. He was confident and ready to absorb new knowledge from his coworkers and work environment. Most importantly, each experience helped Andy define his career goals and learn the specific steps to keep working towards those goals. Andy is focused on pursuing a career in business and finance; his first step will be getting into Babson College.
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OPPORTUNITIES AND POSSIBILITIES
MOROLAKE THOMPSON HIGH SCHOOL FOR HEALTH PROFESSIONS AND HUMAN SERVICES, CLASS OF 2010 HAMILTON COLLEGE, CLASS OF 2014 Career Essentials Program, Fall 2008 Futures and Options, Intern Fall 2009 Cantarella Consulting, Intern Spring 2010
When she was a junior in high school, Morolake Thompson wanted work experience before she went to college, but was not able to find it. Career Essentials proved to be the next best thing: It was an opportunity to learn the skills she would need to be successful as an intern. After Career Essentials, Futures and Options hired Morolake as the program’s intern, followed by an internship with Cantarella Consulting. Morolake feels that her experiences with Futures and Options provided her with the skills and, consequently, the confidence she needed in the job application process. To this day, she still recalls her mock interview experience when she learned how to make proper eye contact. Many high school students lean toward familiar career paths. They need exposure to other opportunities where their skills and interests can thrive. Through Futures and Options, Morolake discovered she was interested in organizational psychology and marketing.
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She believes Futures and Options is more than a professional development program. When writing her college essay with the program coordinators, she felt instilled with confidence and pride as she took her next steps on her path to career success. After graduating from Hamilton College with a Bachelor of Arts in Sociology, Morolake was a consultant in Washington, D.C., at The Advisory Board Company, focusing on higher education and healthcare research. Today, she is at GLG, the world’s leading membership for professional learning, conducting market research in healthcare for investors. Her experience with Futures and Options encouraged Morolake to become heavily involved in diversity initiatives in college and support disadvantaged students after college. She wants to provide other students with the support Futures and Options offered her.
The most valuable lesson I learned from Futures and Options is that my story is important, so I am important.
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I was able to start working in a professional work environment because I was exposed to a professional workplace at such an early age. I already knew the basics when I walked into the Big Four accounting world at PwC, and that was all thanks to Futures and Options.
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PREPARED FOR THE PROFESSIONAL WORK WORLD
LILIANA NUNEZ JOHN DEWEY HIGH SCHOOL, CLASS OF 2002 PACE UNIVERSITY, CLASS OF 2007 Lehman Brothers, Intern Summer 2002
As a graduating high school senior, Liliana Nunez wanted to develop her professional skills before going into college. She learned about the Urban Leadership Fellows Program from the director of the Academy of Finance. In 2002, Liliana was admitted to the Urban Leadership Fellows Program and was given the opportunity to have a summer internship at Lehman Brothers. She credits Futures and Options with motivating her to pursue her educational goals and finish school. Liliana counts earning her BBA/MBA, with concentrations in accounting and international business, as one of her greatest accomplishments. She graduated from school debt-free and went on to become a Certified Internal Auditor.
She believes that exposure to a professional workplace at an early age was crucial to her success, as well as the support and mentorship from Futures and Options staff and their belief that diverse youth could change the world. Liliana leveraged her early internship experience at Lehman Brothers into educational and career opportunities, and now that she is an established professional, she seeks to return the favor. Liliana is involved in the Futures and Options Young Professional Committee and she works to fundraise and engage with alumni so that current high school students can have access to the opportunities that were so integral to her development.
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MOTIVATION AND COMMUNICATION
ESTHER OREKUNRIN THE FREDERICK DOUGLASS ACADEMY, CLASS OF 2013 THE CITY COLLEGE OF NEW YORK, CLASS OF 2017 Public Health Solutions, Intern Summer 2012 & 2013
Esther Orekunrin wanted to be a Futures and Options intern during her junior year of high school thanks to the recommendation of her high school guidance counselor. She did not have any work experience to put on her resume and she wanted to stand out from her high school peers. Esther also knew she was interested in the medical field. Through the Futures and Options Internship Program, she worked as an intern for two summers at Public Health Solutions. However, Esther gained much more than she expected. As a high school student, she remembers being too shy to ask questions or speak up, but the career-readiness training workshops and the professional environment at her internship helped her find her voice and learn
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how to assert herself. She credits Futures and Options with giving her the opportunity to gain confidence to develop into a motivated, selfassured person. During her internships, Esther explored her interest in public health and medicine while strengthening her interpersonal skills. She graduated from college in May 2017 with a full-time job at another nonprofit. She considers this her greatest accomplishment to date. Esther believes that the shy and reserved young woman who first applied to Futures and Options could not have imagined all that she has achieved personally and professionally today. The next step on Esther’s career journey: preparing to take the MCAT and applying to medical school.
I learned to be confident, network everywhere I go, and always believe in myself. The tools I learned here have transformed me from a young, shy girl into a mature, educated woman.
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BUSINESS ENGAGEMENT:
A PIPELINE TO TALENT
WILLIAM W. WELSH EXECUTIVE VICE PRESIDENT AND DIRECTOR OF SALES ROOSEVELT & CROSS, INC. Roosevelt & Cross is a municipal bond broker-dealer specializing in tax-exempt and taxable municipal bonds. In 2000, the firm collaborated with Futures and Options through the Municipal Forum of New York’s trailblazing initiative the Urban Leadership Fellows (ULF) Program, which is designed to give diverse high school students early access to the municipal finance sector. Bill Welsh, Executive Vice President and Director of Sales, has supervised Futures and
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Options interns since 2005. He finds interns to be mature and responsible while also possessing the drive to reap as much as possible from their internship experience. He says that every intern develops and grows without exception in their confidence, social interaction, and business acumen. Roosevelt & Cross believes in the importance of providing interns with real work experience, and Bill strives to ensure that it is done in a positive and encouraging manner.
NICAURIS CASTILLO HIGH SCHOOL OF ECONOMICS & FINANCE, CLASS OF 2013 ST. FRANCIS COLLEGE, CLASS OF 2017 As a graduating high school senior, Niki Castillo interned at Roosevelt & Cross through the Urban Leadership Fellows Program. She was looking for a challenge in an industry that she did not know anything about. She continued to work part time at Roosevelt & Cross during her four years at St. Francis College, and her greatest accomplishment has been working her way up in the
company to receive a full-time position in the underwriting department upon graduating from college in May 2017. Now she works with Bill Welsh to supervise and mentor new Futures and Options interns who work at Roosevelt & Cross with the hope that they will be able to turn their internship experience into a career as she did.
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BUSINESS INVESTMENT:
OUR PARTNERS INTERNSHIP SITES In FY2017, a record 193 public, private and nonprofit businesses welcomed 409 Futures and Options interns. (RED) 14th Street Y 826NYC Abingdon Theatre Company Academy Securities Accenture ACS Division of Early Care and Education Adam Leitman Bailey, P.C. AlixPartners Alliance for Downtown New York Amanda Bohan Marketing Amas Musical Theatre AMC Networks American Museum of Natural History APCO Worldwide Assured Guaranty, Ltd. B+C Restaurants Bank of America - Merrill Lynch Barclays Battery Dance Corporation Battery Park City Authority Betances Health Center Bike and Roll New York City BlackRock Blaylock Van, LLC Bottomless Closet Boys’ Club of New York BRIC BronxWorks Brooklyn Botanic Garden Brooklyn Public Library Bryant Rabbino, LLP Build America Mutual Caine Mitter & Associates Incorporated Career Gear
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caribBEING Cause Effective Child Center of NY Christodora Citigroup, Inc. Citizens Committee for New York City CITYarts City and Country School City Parks Foundation Cohen’s Fashion Optical Cowboy Bear Ninja Cross MediaWorks Crown Heights Community Mediation Center Cumbe: Center for African and Diaspora Dance Dancewave Datonics Davidson Kempner Capital Management, LP Digital Girl, Inc. DNA Learning Center, Harlem DNA Lab EDC’s Center for Children and Technology Elissa Myers Casting Empire State Development Ensemble Studio Theatre Equal Employment Opportunity Commission Evercore, Inc. Federation of Protestant Welfare Agencies Fitch Ratings, Inc. Fitzpatrick, Cella, Harper & Scinto Fordham Road Business Improvement District Futures and Options Ghost Robot Global Language Project GO Project, Inc. Goodwill Industries of Greater New York and Northern New Jersey Group.BR Hawkins Delafield & Wood, LLP HB Studio HealthCare Chaplaincy
Hearst Communications, Inc. The Hedaya Capital Group Hemophilia Association of New York HilltopSecurities Housing Works i2 Learning Imani House, Inc. Informa, PLC Insurgent Docs IPG Mediabrands Janney Montgomery Scott, LLC Jefferies, LLC Julie Friedman Realty J.P. Morgan Securities Kenneth Gilbert Law Kids in the Game Kirkland & Ellis, LLP KNect365 Knopman Marks Financial Training K.S. J.A.M.M. Dance Troupe Legal Momentum Leukemia & Lymphoma Society New York City Chapter LMHQ Loews Corporation Loop Capital Markets, LLC Lower Eastside Girls Club Lower East Side Coalition Housing Development, Inc. Lower East Side Partnership Lucille Lortel Foundation Lupus Research Alliance MAC Presents, LLC Maimonides Medical Center Mansueto Ventures Marsh LLC Marymount School of New York Mesmerize Marketing Metro New York Metropolitan Transportation Authority (MTA) Midtown Electric Supply Millennium Hilton Millstein & Co., L.P. Mitsubishi UFJ Financial Group, Inc. MMC Holding Corp. Moody’s Investors Service, Inc.
Morgan Stanley Mukti’s Kitchen Museum of American Finance Museum of Jewish Heritage National Academy of Advanced Teacher Education National Association of Scholars National Black Theatre Nettles Artists Collective New Destiny Housing New Immigrant Community Empowerment New Settlement Apartments New York Women’s Foundation New Yorkers for Parks Ngam New York Cares New York State Office of the Attorney General NYC Department of Cultural Affairs NYC Department of Parks and Recreation NYC Department of Youth & Community DevelopmentBeacon NYC Housing Development Corporation NYC Law Department NYC Office of Management and Budget NYS Homes and Community Renewal Office of the New York City Comptroller Pan-African Community Development Initiative Park Avenue Post Inc. The Parodneck Foundation for Self-Help Housing and Community Development, Inc. The Pekoe Group Philanthropy New York Port Authority of New York & New Jersey The Possibility Project Prager & Co., LLC Prime Clerk Public Health Solutions - EISC
Public Resources Advisory Group Publishers Weekly Quad/Graphics Rada Film Group Randall’s Island Park Alliance Raymond James Financial, Inc. RBC Capital Markets RoboFun Ronnette Riley Architect Roosevelt & Cross, Inc. Row New York Samuel A. Ramirez & Co., Inc. SHARE Cancer Support Siebert Cisernos Shank & Co., L.L.C. SIFMA The Single Parent Resource Center, Inc. SoHo Playhouse Spin Cycle NYC Spoke the Hub Dancing, Inc. Standard & Poor’s Financial Services, LLC Storefront Academy Harlem Student Success Network Support Center: Partnership in Philanthropy Teach for America terraNOVA Collective The Theater Center Time Inc. Tracy Reese Triplemint Two Bridges Neighborhood Council UBS University Diagnostics Medical Imaging, P.C. Ventura Associates International, LLC Vineyard Theatre Wave Hill The Week Wells Fargo Securities Winston & Strawn LLP Woodside on the Move, Inc. Worldview Travel Young Actors Summer Institute YWCA
CAREER EXPLORATION FIELD TRIP HOSTS Our students visited 33 businesses to learn about myriad opportunities from their employees who shared stories about their education choices and career paths. Adaptive Design Association AMC Networks, Inc. Bank of East Asia Bedlam Button Caine Mitter & Associates Incorporated Children’s Scholarship Fund Clarity, LLC Clune Construction Company Cognito Colgate-Palmolive Company Digital Natives Group Donnelly Financial Solutions Dropbox, Inc. Duff & Phelps Corporation Etsy Facebook Gap, Inc. Girls Who Code Gerson Lehrman Group, Inc. Houlihan Lokey HSBC Kirkland & Ellis, LLP Lincoln Center Marsh LLC Midtown Community Court Millennium Hilton National Grid Ogilvy & Mather Penguin Random House Twitter UBS Vengo Labs
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Futures and Options helps you to develop a road map to follow to obtain your goal.
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OUR WEB OF SUPPORT
HECTOR BONILLA EAGLE ACADEMY FOR YOUNG MEN, CLASS OF 2016 LONG ISLAND UNIVERSITY, CLASS OF 2020 Morgan Stanley, Intern Fall 2015
After successfully interning at Morgan Stanley through the Futures and Options Internship Program, Hector was motivated to keep learning, to practice his skills, and to do well in his first year of college at Long Island University. The Futures and Options College Success Program gives alumni like Hector the chance to work with a young professional mentor while honing their work-readiness skills. Hector was matched with Kyle O’Hehir, a research analyst at Millennium Partners and a member of the Futures and Options Young Professional Committee. Acting like an older brother, Kyle took the time to help Hector learn how to better articulate himself and exude confidence in professional
situations. Hector truly valued Kyle’s transparency and honesty about the finance industry, while Kyle was impressed by Hector’s strong sense of direction and appetite for learning. Together, they polished Hector’s resume, practiced networking tactics and informational interviews, and discussed the next steps in Hector’s educational and career path. Hector successfully finished his first year in college, earning at 3.9 GPA. He was admitted to Sponsors for Educational Opportunity (SEO) Edge, a competitive pre-professional development and internship program for motivated Black, Hispanic, and Native American undergrads, and he is returning to work at Morgan Stanley during his sophomore year in college. Hector is on the path to success.
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ASPIRING TO HIGHER EDUCATION
Doing an internship before the start of college made me feel very confident going in and applying for work study jobs on my college campus since I knew I had valuable skills to offer.
MICHAELA SHELTON NYC ISCHOOL, CLASS OF 2017 POMONA COLLEGE, CLASS OF 2021 Young Women in the Workplace, Summer 2017 YWCA, Girls Initiative Intern
Michaela Shelton, a freshman at Pomona College, was a Futures and Options intern the summer before she went to college. Not only did she explore her passions and interests working at the YWCA, she gained exposure to issues of social justice and racial inequality. Through Young
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Women in the Workplace, Michaela learned what she could do on her college campus to address gender equity and the gender pay gap. She recently opened a college checking account and found one of the workshops she attended about banking and credit especially informative.
THE PLACES THEY’RE GOING Futures and Options encourages students to think beyond high school as they consider career options. The College Guidance Initiative workshops give high school students opportunities to learn about the college application and selection process and to decide the next steps on their career paths. In FY2017, 97% of our graduating high school seniors enrolled in college. Our 2017 high school graduates are attending the following schools: Babson College Barnard College Baruch College Binghamton University Borough of Manhattan Community College Boston University Brigham Young University Bronx Community College Brooklyn College Buffalo State Carnegie Mellon University Case Western Reserve University City College of New York The College at Brockport College of Mount Saint Vincent College of Staten Island Columbia University Cornell University DePauw University Drexel University Duke University Emory University Fashion Institute of Technology Fordham University George Washington University Georgia State University Hamilton College Hampshire College Hampton University Hobart and William Smith Colleges Howard University
Hunter College Iona College Ithaca College John Jay College of Criminal Justice King University Kingsborough Community College LaGuardia Community College Lehman College Manhattan College Marist College Massachusetts Institute of Technology Mercy College Middlebury College Monroe College Morrisville State College Muhlenburg College The New School New York City College of Technology New York Institute of Technology New York University Niagara County Community College Northeastern University Occidental College Pace University Pennsylvania State University Pomona College Princeton University Purchase College
Queensborough Community College Rochester Institute of Technology Saint Michael’s College Seton Hall University Skidmore College Smith College St. John Fisher College St. John’s University Stanford University Stony Brook University SUNY Cortland SUNY Delhi SUNY Geneseo SUNY New Paltz SUNY Oswego SUNY Plattsburgh SUNY Potsdam Swarthmore College Syracuse University University at Albany, SUNY University at Buffalo, SUNY University of California, Berkeley University of Chicago University of Michigan University of Notre Dame University of Pennsylvania University of Virginia University of Wisconsin-Madison Yale University York College
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COLLEGE SCHOLARSHIPS
Left to Right: Melissa Mudiyanselage, Justin Chaney, Ayinde Eustache, Giscard Aniambossou, Emely Mojica, Lissette Duran, and Ahnaf Taha
THE BARBARA L. CHRISTEN SCHOLARSHIP
IPG MEDIABRANDS SCHOLARSHIPS AND INTERNSHIPS
Futures and Options awards college scholarships to exemplary high school seniors who have participated in our flagship programs, Career Essentials and the Internship Program. The Barbara L. Christen Scholarship Panel, comprised of Futures and Options board members, seeks to honor young men and women who embody the six hallmarks of a Futures and Options student: professionalism, leadership, teamwork, communication, integrity, and an interest in exploring careers.
In 2017, Orion, Reprise, UM, and Initiative, powered by IPG Mediabrands, provided college scholarships to their Futures and Options interns who won the Futures Academy 15-minute pitch competition. Students also received offers for the firm’s 2018 10-week summer internship program.
This college scholarship is named in honor of our founder, Dr. Barbara L. Christen, and is funded by our Young Professional Committee through its annual fundraiser, A Toast To Brighter Futures. Since 2012, Futures and Options has awarded $44,000 in college scholarships.
Precious Abgo, University of Albany
Ayinde Eustache, Bard High School Early College Queens
Destiny Abinader, Academy of Mount St. Ursula
Lily He, Millennium Brooklyn High School
Justin Chaney, CUNY Borough of Manhattan Community College
Melissa Mudiyanselage, St. Jean Baptiste High School
2017 BARBARA L. CHRISTEN SCHOLARS Giscard Aniambossou, Cardinal Hayes High School
Emely Mojica, Cristo Rey New York High School
2017 BARBARA L. CHRISTEN SCHOLARSHIP FINALISTS Lissette Duran, Williamsburg High School of Arts and Technology
Ahnaf Taha, The Masters School
2017 IPG MEDIABRANDS SCHOLARS
2017 VOYA SCHOLARS Voya Scholars is Voya’s higher education scholarship and career-readiness program for students who have previously participated in a Voya Financial or Voya Foundation charitable program. Three Futures and Options students were named Voya Scholars, each receiving a $10,000 scholarship. Jenny Lee, Boston College Emily Cazares, New York University
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Klajdi Qoku, Baruch College
Left to Right: Hector Bonilla, Helen Lin, Liliana Nunez, Pavan Rangachar, Kadijat Sylla
FUTURES AND OPTIONS YOUNG PROFESSIONALS COMMITTEE Our Young Professionals Committee (YPC) is a group of passionate young professionals who are committed to helping New York City’s underserved teens explore college and career possibilities. Through fundraising, volunteering, and engaging with Futures and Options students, alumni, and other young professionals, our YPC members use their talents and networks to make a positive impact for Futures and Options and the young people it serves.
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STRATEGIC PARTNERS Futures and Options provides Career Essentials and the Internship Program for its strategic partners, leveraging our expertise in youth career development and allowing for more effective programs and increased opportunities for New York City students. This year, we were excited to partner with the following schools and organizations: MIDDLE SCHOOL PARTNERS
BUSINESS AND NONPROFIT PARTNERS
M.S. 358
BlackRock
Washington Heights Expeditionary
Breakthrough New York
Learning School (WHEELS)
Coro New York East Harlem Tutorial Program
HIGH SCHOOL PARTNERS
Morgan Stanley
Bronx Center for Science and Mathematics
The Municipal Forum of New York
Bronx High School for Law and Community Service
Oliver Scholars
Bronx School of Law and Finance
The Partnership for Afterschool Education (PASE)
The Frederick Douglass Academy
Reel Works Teen Filmmaking
George Westinghouse CTE High School
Say Yes to Education
Health Opportunities High School
Summer Search
High School for Language and Innovation
Teens on Broadway
Independence High School
The Urban Assembly
Marble Hill School for International Studies MESA Charter High School Urban Assembly School for Media Studies
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OUR FINANCIALS SUPPORT & REVENUES 2017 2016 Unrestricted: Special Event: Event Revenue $971,556 $755,133 Less: Event Expenses ($187,344) ($189,088) Net Special Event Income $784,212 $566,045 Contribitions $938,866 $889,299 Government Grants $37,024 $ Interest & Other Income $364 $355 Release of Prior Year Restrictions $239,865 $384,195 Temporarily Restricted: Contributions $275,432 $270,735 Release of Prior Year Restrictions ($239,865) ($384,195) Total Support and Revenues $2,035,898 $1,726,434 EXPENSES Program Expenses: Career Development - Intern Wages/ Stipend Career Development - Others
$549,366 $1,105,522
$448,222 $911,111
Total Program Expenses $1,654,888 $1,359,333 Management and General $265,455 $231,957 Fundraising $102,879 $84,990 Total Expenses $2,023,222 $1,676,280 INCREASE/(DECREASE) IN NET ASSETS Unrestricted ($22,891) $163,614 Temporarily Restricted $35,567 ($113,460) Increase/(Decrease) in Net Assets $12,676 $50,154 Net Assets, Beginning of Year $683,659 $633,505 Net Assets, End of Year $696,335 $683,659
82% Program Expenses FY 2017 EXPENSES
13% Management & General Expenses 5%
Fundraising Expenses
Total: $2,032,222
Summary of Financial Statements dated October 26, 2017, prepared by Skody Scot & Company, CPAs, P.C.
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THE BARBARA L. CHRISTEN FOUNDER’S CIRCLE Futures and Options relies upon the generosity of foundations, corporations, and individuals to support its programs. The Barbara L. Christen Founder’s Circle recognizes our donors who make it possible for Futures and Options to provide high-quality career development programming to New York City teens and to reach more students each year. The list reflects donations received in FY2017 (July 1, 2016 through June 30, 2017). Every gift helps. We thank you for your generosity.
CORPORATE & FOUNDATION SUPPORT $100,000+ The Charles Hayden Foundation HSBC USA, N.A. The New York Community Trust The Pinkerton Foundation
$50,000 - $99,999 JPMorgan Chase & Co.
$25,000 - $49,999 Akin Gump Strauss Hauer & Feld LLP Capital One Gap Foundation Goldman Sachs Kirkland & Ellis Morgan Stanley Foundation PwC Voya Foundation
$10,000 - $24,999 AlixPartners Alvarez & Marsal American Eagle Outfitters Foundation Brown Rudnick LLP Cahill Gordon & Reindel LLP CBRE Centerbridge Partners, L.P. Centerview Partners LLC Davidson Kempner Capital Management LP
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Debevoise & Plimpton LLP Evercore, Inc. Hawkeye Capital Management, LLC Houlihan Lokey Huron Consulting Group Inc. Joele Frank, Wilkinson Brimmer Katcher Latham & Watkins LLP Milbank, Tweed, Hadley & McCloy LLP Moelis & Company Pachulski Stang Ziehl & Jones LLP The Patrina Foundation Paul, Weiss, Rifkind, Wharton & Garrison LLP Prime Clerk Skadden, Arps, Slate, Meagher & Flom LLP Weil, Gotshal & Manges LLP
$5,000 - $9,999 Arnold & Porter Kaye Scholer LLP ATL Partners Bank of America Merrill Lynch BlackRock Bulldog Ventures Ltd FTI Consulting, Inc. The Herbert and Sarah M. Gibor Charitable Foundation GoldenTree Asset Management Jefferies LLC Kasowitz Benson Torres LLP KCC LC KPMG Kramer Levin Naftalis & Frankel LLP Lazard Marble Ridge Capital LLC Millstein & Co. Opportune LLP The Rosenkranz Foundation
Marcia & Philip Rothblum Foundation Shearman & Sterling LLP The Stony Point Foundation Sullivan & Cromwell LLP TPG – TSSP Specialty Lending Michael Tuch Foundation Vinson & Elkins Zolfo Cooper
$2,500 - $4,999 Aristeia Capital BMC Group, Inc. Carl Marks & Co. Inc. Cherniak Family Foundation Colgate-Palmolive Company Davis Polk & Wardwell LLP Downtown Lower Manhattan Association, Inc. Drivetrain Advisors Epiq Google IAC Group IPG Mediabrands Jenner & Block LLP Jones Day King Street Capital Management, L.P. Kutak Rock LLP Latigo Partners Macquarie Matching MAXIMUS Foundation Morrison & Foerster LLP Nuveen Investments, Inc. P.Schoenfeld Asset Management LP Paul Hastings LLP PubWorX Services, LLC Quinn Emanuel Urquhart & Sullivan, LLP Rust Omni Solus Alternative Asset Management LP UBS University Diagnostics
$1,000 - $2,499 Clarity, LLC Conway MacKenzie, Inc. Cravath, Swaine & Moore LLP Corporate Restructuring Group, Deloitte The James and Judith K. Dimon Foundation Emerald Capital Advisors Fry Communications, Inc. Frederic W. Cook & Co. Matching Gift Program Garden City Group, LLC Global Strategy Group, LLC Goodwin Procter LLP Greenberg Traurig LLP Loews Foundation LSC Communications The Merck Company Foundation MidOcean Partners Quad Graphics Richards, Layton & Finger, P.A. SenaHill Partners Whiteford Taylor Preston, LLP
$500 - $999 Berkeley Research Group, LLC Goldin Associates, LLC The Arthur Lehman & Mary Gherty Charitable Fund Marymount School of New York The Overbrook Foundation
$1 - $499 Amazon Smile American Express Matching Gift Program The Boston Consulting Group, Inc. CUNY Campaign for Voluntary Charitable Giving David Kantrowitz Family Benevolent Association Fitch Consulting Matching Gift Program Guggenheim Foundation Northwestern Mutual Foundation Matching Gifts Program NYCCFC Donation PayPal Giving Fund Regeneron Pharmaceutical Matching Gifts Program Travelers Insurance Matching Gifts Program
INDIVIDUAL DONORS VISIONARIES $25,000+ Stephanie & Stephen Hessler Margaret “Peggy” Hill
OPTIMISTS $15,000 - $24,999 Jennifer & Thane Carlston The Derrough-Salas Family Jennifer & Jason New
BELIEVERS $10,000 - $14,999 Debby & Ned Flynn Matthew Doheny & Dennis Lafferty Erin Murphy & Sean Connolly Debra Regan & Paul Wasinger Allison & Roopesh Shah Frederica & Efrem Sigel Mary & Tim Walsh
DREAMERS $5,000 - $9,999 Anne Benedict Campbell Brown & Dan Senor Allison & Tim Coleman Louise & Jerry Faust Julie & Stephen Fox Lynne & Stephen Goldstein Lisa A. Grushkin Colin Hannaway David & Jennifer Johnston Larry Klurfeld & Joele Frank Courtney Leimkuhler & Charles de Segundo Edward W. Machir Patty Machir Katie & Patrick Machir Jill & Robert S. “Steve” Miller Alexandra Munroe & Robert Rosenkranz Eileen & Robert O’Leary Nicole Perez Kelli Roiter Marc Sheinbaum The Teske Family Dani & Ted Virtue Vanessa Wilson Lori & Paul Zemsky
CHAMPIONS $2,500 - $4,999 Marc Abrams Jennifer Box Marc Chase Charles H. Cremens Krisztina Geosits Anthony Horton Bethany & Ketan Kapadia Heather Kellett Godsmark Alan Koffler Daniel Magliocco & Anna Durrett Maria & Steve Musante Hugh Nelson Phannee Noiplai & Steve Sperber Christian Sullivan John Thompson Thomas B. Walper Nanar & Anthony Yoseloff Leslie K. Williams & James A. Attwood, Jr.
ADVOCATES $1,000 - $2,499 Vipul Adlakha Mohit Assomull Martha Battles Alexandra & Seth Berstein Scott R. Brakebill Amy Ciatti Maureen & Michael Clancey Evan Damast Katherine & Jim Finn Karen Freedman & Roger Weisberg Jake Gillman Susan & Tony Gilroy Annette & Jonathan Goldstein Michael Grant Jennifer & Eli Gross Ashutosh Habbu, Esq. Gertrude T. Hannaway Philippe Jacob Ronnie & Bill Lane Karen & Paul Levy Jeanne Manischewitz Elizabeth & Richard Mason Andrew Milgram Nora & Mark Muller Paul Quinlan Edwin C. Sagurton Poonam A. Shah David Spiegelman Melissa & Wray Thorn Beth & Brad Whitman Meena Thever Wojcik & Tom Wojcik
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MENTORS $500 - $999 Morris Alhale Laurie Becker Lisa G. Beckerman Marc Beilinson Daniel Bruck Marianne Muench Busby Anthony Chen John Chesser Ellen & Casey Cogut Sean Crow Caroline Cruise Debra A. Dandeneau John Dougherty Jose Esteves Robert Fear Joshua A. Feltman Kevin Flyangolts Neel Garg Sarah Jane & Trevor Gibbons Neal Goldman Anne Goldsmith Ali & Kenneth Goldstein Adam Gottlieb Mary J. Grecco Marc J. Heimowitz Matthew Holtzman Junchan Hong Tori Irons Alexander Isik Samuel L. Jacob Sung Jo Meg Langan Charles Lehman Sally Luo Tony Magliocco Sharon Martin-Toussaint Mario Masrieh Bruce Mendelsohn Miles M. Merwin Christopher Miceika Joanna Munoz Paula Murphy Ashley Nanninga Cherrie Nanninga Kyle O’Hehir Sumbo Ojikutu Carsten Otto Martha & Mark Patricof Andrew Powers Pavan Rangachar Lisa Rothblum Meredith & Peter Rugg Evelyn & Jeffrey Sabin Joan & Michael Salzman Christopher Snyder & Alexandra Hakim Mark Somerstein George Stephan W. Greg Thonsen Diana Tian Patricia Tomasco
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Scott Vogel Brad D. Wagner Irene Wang John Whitman Rawn Williams John C. Wimberly Adam Yarnold Timothy Zhang Zhe Zhao Karen & Ken Ziman
COACHES $100 - $499 Tosin Adesegha Hilary Agin Page Aherns Wellin Bradley Alfred Thaiza Alvim Mallory Anhouse Todd Arden David Armstrong Talaal Azeem Michael Babakitis Ann Babits Elizabeth Bakarich Dustin Baker Harrie Bakst Henry Balbirer Guy Baron Benjamin Barrer James Barton Bartholomew Battista Bruce Batzer Stacey Baumer Sherry Bearnot Michael Bellizzi Jeffrey Berk Richard Bermont Timothy J. Bernlohr Robert Boresta Jason Bruck Nicole Buslik Cathy Callender Colbert Cannon Shawn Cappello Myrna Changar Tiffany Chiang Kevin Chon Suzanne Christen Thomas C. Colaprico Richard Corbi Byron Cordes Maria Cordes Emily Crossan Ryan Dean John Dickinson Ray Dombrowski Daniel Donohue Rory Doyle Elizabeth Duffy Sharjeel Durrani Louise Eckhoff Daniel Ehrmann
Anita & Stephen Eichler Courtney Ellenbogen Diana Epelbaum Bryce Facktor Scott Falkner Marina & Brendan Feinberg Jeffrey Finger Nancy Fisher Robert Fitch Ethan Flint Brett Forrest Rebecca Fox Chris Freeberg Harris Freier Doug Friske Celia Gagliardi Michael Geltzeiler Elliott Glass Nathaniel Goodman Sam Gordon Scharon Gordon Allie Gorin Jacques Goulet Clarke Graham Neil Grigg Joan Grubb James Gurney Joel Harary Clare Harwood Matthew Hazelton Adam Heller Eric Hemmert Bernice & Robert Hessler Hilary L. Hinchman Cheri Hoff Jennifer Huh Brian Infante Jill Jaroff Spencer Jennings Mauren Johnson Michael Johnson Shankar Jonnagadla Rajiv Kamilla Jordan Katz Dasle Kim William Kim Akihiro Kinoshita Benjamin Kjome Terry Koebbe Mark Kornfeld Peter Kostmayer Robert Krayn Rick Kuo Jonathan Kushner Jill & Barry Lafer Jon LeBoutillier Daniel Lee Scott Leffler Nicholas Levine Yunjoo Lim Danielle Limer-Nies Jan & Eli Lipcon Katharine Magliocco Naz Majidi Herbert Mandel
Cristina Manzano Cynthia Marian Delilah Marto Rudolf Marto Roop Metharamani Cynthia J. Miller Anne Moore, M.D. Naomi Moss-Dalmau Clare & Michael Mullarney Liliana Nunez Carol Ortiz Joseph Osei Isabela Pal Rebecca Palmer Anna Parlin Dominica & Ewa Pekalska Richard Perez Victoria Pettibone Nicole Pey David Pollack Martin D. Pollack Elaine & Perry Poulos Sylvia Qiu Ashwin Ramakrishna Christian Robinson Julia Rogge Noah Roth Joshua Rounds Siddhartha Sachdeva Tapani Salonen Dilyaver Sheykhislyamov Janice Shih Kimberly K. Short & Richard W. Morgner Amy Shyr Ricardo Sims Robert Sims Allyson Smith Tracy Smith Mitch Soiefer Joseph Solano Lewis Sperber Amy Spiegelman Nina Spiegelman Lana Stricker Jessica & Isaac Sutton Joanne Sweeney Gergana & Teodosi Tchonev Margaret & Tom Teske Tamika Thomas Ronald Tu Mary Tuttle & David Lemonick Steve Valan Patrick Venter Tracy Vo William Vrattos Joyce Wade Jordan Waldman Mark Walfish Dequan Walker Brianna Welch Robert J. White Evan Williams Vickie Wilson Louise Yelin
Sovilar Zhen Tiffany Zheng Xiaoyang Zhuang Chelsea Ziegelbaum David Zubricki
FRIENDS $1 - $99
Alexandra Begley Jacqueline Berg Benjamin Bergsma Farah Bernadin Tarra Bernadin Rosalie Calabrese Joan Cantor Nancy Cascella Joseph Catuzzi Yichi Chang Stephanie Chung Wendy Claros Jazmyne Crunk & Steven Pristin Colin Dampier Laurie Dien Eric Dober Catherine Dodge Sarah Eaquinto Kathleen & Robert Ellis Sara Figel Elisabeth Filip Chris Goulakos Alexander Grice Gilda Haynes Bradley Hemraj Will Henderson Greg Henderson Roger Hurd Janet Joyce Joshua Kamali Randall Kessler Sharon Kim Christopher King George B. Kirsch, Ph.D. Michael Klain Rachel Landau Josh Lavan Annette Lo Stephanie & Cliff Lurie Kally Lyons Barclay Macfarlane Marc Magoncia John Mattus Edwin McLaughlin Lucy McLoughlin Meryl Meisler Leonard Mischitto Sushaan Modi Christopher Nanda Ignacia Nunez Lorenza Nunez Kyle O’Neill Trisha Ouellette Avinash Patel Kushal Patel
Robert Pavacic Mark Probst Stephen Rickli Emily Rittberg Karen Robbins Debbie Robinson Yehudit Robinson Katherine Roche Crystal Ruff Matthew Ruggiero Eulalia Rzepecka Jeffrey Savio Duke Sawh Scott Schneider Rafael Schnitzler Sina Senu-Oke Michael Shammas Eric Siu Morolake Thompson Nsikak Udoh Angel Vail Lauren Vincent Kenneth Wagemann Hui Wang Romika Weber Rebecca Yeh Futures and Options makes every effort to ensure that our listing of contributors is complete and accurate. The donors listed contributed in FY2017 (July 1, 2016 through June 30, 2017). If we have accidentally omitted your name, please call us at 212-601-0002.
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FUTURES AND OPTIONS
BOARD & STAFF BOARD OF DIRECTORS OFFICERS
DIRECTORS
Stephen Hessler
Thane Carlston
Jason New Benjamin Schrag
Chairman
Anne Benedict Vice Chair, Program Development
Paul Zemsky
Ned Flynn Julie Fox Stephen Goldstein
Vice Chair, Strategy
Lisa Grushkin
Paul Wasinger
Colin Hannaway
Treasurer
Jerry Faust Secretary
David Johnston Daniel Magliocco
Roopesh Shah Marc Sheinbaum Efrem Sigel Christopher Snyder Paul Teske John Thompson Patricia Machir Ex Officio, nonvoting member
Erin Murphy
STAFF Patricia Machir
Mallory Humphries
Lesley Orellana
Executive Director
Development Assistant
Program Assistant
Lorraine DeCastro
Sarah Kaufmann
Michelle Shin
Administrative Assistant
Program Coordinator
Program Coordinator
Catherine Dodge
Anthony Kuzma
Carly Taylor
Grants Manager
Program Coordinator
Development Associate
Devi Gopal
Joanna Munoz
Gergana Trendafil
Program Coordinator
Program Director
Business Engagement Coordinator
James Gurney
Genesis Nunez
Program Manager
Program Assistant
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Left to Right:
PRAGATI KHATRI 路 Metropolitan Expeditionary Learning School, Class of 2018 ANDY JIANG 路 Eleanor Roosevelt High School, Class of 2018 CATHERINE TUM 路 The Bronx High School of Science, Class of 2017 路 Baruch College, Class of 2021 FUTURES AND OPTIONS 2017 ANNUAL REPORT
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THE FUTURE IS IN YOUR HANDS Together with our business and community partners, we are building the workforce of tomorrow. Our career development program makes it possible for underserved, motivated teens to acquire applied skills and higher education to successfully contribute to a global 21st-century economy.
120 Broadway, Suite 1019 New York, NY 10271 Phone: 212-601-0002 | Fax: 212-601-0005 futuresandoptions.org