Futures and Options Annual Report 2021

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Building a workforce for the future FY2021 Annual Report


Reflect Our Mission: Futures and Options empowers New York City’s youth, particularly youth of color and students from historically underrepresented communities, to acquire transferable professional skills, pursue higher education, and successfully compete in a global 21st century economy. We collaborate with New York City employers to provide transformative career development opportunities to young people, enabling them to succeed in college and inspiring them to pursue meaningful careers.

In the face of a global pandemic that impacted every aspect of daily life last year, our students demonstrated exceptional resilience, adapting to remote technology and virtual platforms, taking advantage of online mentoring and internships, and building a strong community along the way. We are so inspired by their determination to pursue dreams of higher education and meaningful careers, even in the most challenging of circumstances.

Reimagine We have the deepest gratitude for our business partners who reimagined how to open their “virtual” doors for our interns, and for the Futures and Options team who re-conceived how programming could thrive in a virtual landscape, giving rise to innovative new programs such as Futures Academy and The Externship Experience. As we look toward the future and the rebuilding of our world, we are excited to harness the creativity and collaboration of our vast web of supporters––schools, business partners, volunteers, donors, and students. Together, we have a vision of what our colleges and workforces can look like if all young people were given meaningful access to higher education, mentors, and career opportunities, and together, we will make this vision a reality.

Rebuild

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Our Values:

Impact Diversity, Equity, and Inclusion Excellence Integrity Respect High Expectations Collaboration 2 | Futures and Options FY2021 Annual Report

We are dedicated to fulfilling our mission and realizing our vision of promoting an enduring and positive impact for our students, partners, and community.

We are committed to fostering and sustaining a culture of diversity, equity, and inclusion, welcoming others to share their voices and create a thriving, vibrant community that represents and respects diverse perspectives and ideas.

We continually look to achieve the highest standards in all we do and to fulfill our promises to provide exceptional services for our students, partners, supporters, and team. Integrity is fundamental to every action and decision we undertake; we uphold the community’s trust in Futures and Options to do the right thing at all times.

We treat all people with the highest respect and utmost dignity and appreciation.

Empowering a diverse workforce

We believe in the potential and talent of people, propelling them to become confident and have faith in their abilities.

We emphasize working together in an atmosphere of trust that supports our commitment to excellence. We rely on teamwork and partnerships to successfully achieve our mission.

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Our Approach: Futures and Options believes that all young people deserve a chance to achieve their potential—in life, in school, in careers—and that New York City needs a diverse, prepared workforce. Our programs prepare students to be competitive in the 21st century job market, equipped with the critical thinking, collaboration, and interpersonal skills necessary for success in the working world. We collaborate with nonprofits and school partners to

FY2021 Impact & Outcomes

108 employer partners

1,443

99

%

of our internship business partners would hire a Futures and Options intern again if given the opportunity

students reached from

142

schools

recruit talented, motivated students who aspire to expand their college and career opportunities.

Our students received more than

$600k

We support young people on their career-readiness journey, teaching valuable professional and life skills, providing mentorship and coaching, and fostering students’ self-

in wages, stipends, and scholarships

confidence and faith in their abilities.

We creatively partner with businesses to provide meaningful, paid jobs to students, which also brings career exploration, mentoring, and networking opportunities.

97

%

of our students enrolled in college

We train other professionals to deliver high-quality

50

%

of our students represent the first in their family to attend college

career development programs to youth. 4 | Futures and Options FY2021 Annual Report

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Who We Serve Level of Schooling

Our Programs by the Numbers

Career Readiness & Development Race/Ethnicity .22%

The Internship Program combines experiential, on-the-job learning with trainings

1.98

%

American Indian/ Alaska Native

Arab/Middle Eastern

Career Essentials

23.30% Asian/Pacific Islander

High School

98

%

Black/African American

2

%

6.37% Caucasian

Gender

Female

69.18

%

1.98%

provides a comprehensive series of workshops and career exploration events designed to introduce students to a range of career paths and prepare them for success in their first jobs. Students have the opportunity to practice and improve their interpersonal, communication, and other relevant work-related skills, such as time-management, interviewing, and resume writing.

4.84%

The Externship Experience is a remote 16-hour intensive career exploration and

Other/Not Listed

28.57%

College

More Than One Race

skill-building program designed in collaboration with employer partners, focused on growing industries.

32.75%

Futures Academy is a 6-week virtual career development and exploration program that introduces high school juniors and seniors to a range of careers, equipping them with the knowledge and skills needed to launch their individual career journeys and providing opportunities to practice their insights with mentors in a small group and project-based learning activities.

Hispanic/Latinx

Male

29.74

%

No Response

2.03

%

Borough of Residence Immigrants

25.16%

27.55%

Manhattan

Bronx

1.74

%

23.43%

Staten Island

Queens

20.56

%

Brooklyn 6 | Futures and Options FY2021 Annual Report

186 youth

283 youth

75 104 youth

youth

College & Career Success College Guidance Initiative prepares high school students for the college application and selection process, including applying for financial aid and evaluating aid packages. Group workshops and individualized coaching assistance enable us to reach a diverse group of college-bound students. Alumni Engagement Programming bridges the gap between high school and college by helping students apply the executive skills they developed in our programs to their post-secondary pathways. We provide continued work-readiness, career exploration, mentorship, and networking opportunities to alumni as they navigate their way through post-secondary and plan for future careers.

196 youth

82 youth

Community Outreach & Education

Public Housing/ NYCHA

7.8%

On the Road brings Futures and Options’ expertise and experience directly into schools and nonprofit organizations, connecting youth and young professionals across New York City to our curricula and programming.

520 youth

English as a Second Language

21.48%

and individualized career counseling and coaching, offering students paid work experience and the foundation of a professional network. Students acquire transferable work-readiness skills and hands-on work experience, and gain entry to a diverse range of small businesses, nonprofits, government agencies, and multinational corporations.

26.93

%

Total youth served

1,443 Futures and Options FY2021 Annual Report | 7


Career Essentials Profile

Youngbin Song The Bronx High School of Science Class of 2021

Y

Pennsylvania State University Class of 2025

oungbin Song heralds his experience in Career Essentials for helping him gain “the very fundamentals of working in a professional environment.” Youngbin later participated in the Urban Leadership Fellows (ULF) Program in municipal finance and is now a freshman at Penn State University, planning to study finance and continue building upon what he learned through Futures and Options.

I already had the basic foundation for some skills, but Career Essentials and the ULF Program both helped develop them even more.

8 | Futures and Options FY2021 Annual Report

Youngbin learned about Futures and Options from a fellow graduate from his high school. He knew that he was interested in a career in finance and investment banking and believed Futures and Options would grant him valuable insight into the industry. In Career Essentials, Youngbin gained indepth knowledge about business writing, Excel, professional email etiquette, and networking, recognizing that these are important skills he can use now and in his future career. “I already had the basic foundation for some skills, but Career Essentials and the ULF Program both helped develop them even more,” he said. “Since I’m pursuing a career in finance, these are especially important to my future.”

A key component of Career Essentials is the Create-A-Company project in which students work in groups to develop a company and present it to their peers and judges on the final workshop day. “That was the best part of Career Essentials since it taught us collaboration and presentation skills,” he said. “It was an opportunity to think outside the box creatively and as an entrepreneur.” Youngbin

Career Essentials Spring 2021

Loews Corporation, ULF Program Summer 2021

valued working with his group to develop their mock company, and also enjoyed watching the other presentations to compare and contrast them to his group’s pitch and identify points where he and his group could improve their presentation. The Create-A-Company project was also a great precursor for a similar group project that he completed in the ULF Program in which he and his group presented a mock capital financing plan for a higher education institution. “The whole process of working together as a group to create that presentation and then presenting it to a group of experienced professionals in the credit rating and investment banking industry was a super cool experience that taught me very hands-on skills,” he said. Due to the pandemic, Youngbin’s ULF Program was virtual, with fellows participating in remote online workshops. Fellows were also matched with mentors, which Youngbin found to be an especially beneficial aspect of the program as he still speaks to his mentor today. “It was definitely something that required much improvisation from the program side and the mentor and student side,” he said. “It required a lot of collaboration from all parties and that really showed how much effort everyone put into trying to get it to work and staying resilient.” His experience was different from what he expected of a typical internship due to the virtual nature of the program, but he found it to be a valuable learning and networking opportunity that has prepared him for future success.

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Internship Program Profile

Ruth Kendall Uncommon Collegiate Charter High School Class of 2021

Smith College Class of 2025

A

caribBEING, The Internship Program Fall 2020

Her Agenda, The Internship Program Summer 2021

s a senior in high school, Ruth Kendall sought the opportunity to develop professional skills beyond the classroom, which motivated her to apply for the Futures and Options Internship Program. “What stood out to me about Futures and Options was the chance for professional development since I knew there were some skills that I needed to gain that I wouldn’t learn in school.”

to an epiphany after the ‘Take Initiative’ workshop because I felt like I could actually implement this skill right in that moment,” she said. “The workshop gave us sequential steps and solid advice for taking initiative, and it was effective.” Ruth described it as a once-in-a-lifetime experience that pushed her out of her comfort zone and ultimately boosted her confidence. “I feel like you make the most out of your internship experience once you say, ‘Okay, I’ve earned this spot and have a bit of confidence.’”

Ruth completed two virtual internships through Futures and Options. In her first internship at caribBEING, an organization highlighting Caribbean culture, art, and film, she discovered an interest in both finance and accounting. caribBEING was the perfect fit for Ruth because she gained insight into the financial work of the organization, while also exploring her love of music. “I feel like I found an intersection between my two interests at caribBEING because there were opportunities to learn about music as well as working on payroll for vendors,” Ruth explained. Thanks to her work experience at caribBEING, Ruth plans to study accounting at Smith College while also minoring in music.

Ruth’s second internship at Her Agenda, a digital media platform highlighting millennial women, helped solidify the skills she had learned in workshops and her first internship. In particular, she emphasizes the important role that communication played in the virtual setting. “If my communication with my supervisor wasn’t consistent enough, my internship wouldn’t have been as successful as it was,” she said. “For example, it was important to keep my supervisor informed of what I’d accomplished because she might not know unless I put it on her radar.” Ruth also learned to adapt when things did not go as planned in the remote setting, such as technology malfunctioning for an online meeting.

Ruth’s favorite internship moment was doing a social media video interview of a famous singer that she admires. Inspired by a Futures and Options workshop about taking initiative, Ruth pitched the idea for the interview and was given the opportunity to plan and conduct the interview herself. “I came

Another valuable takeaway from Ruth’s internship experiences was gaining interview practice and learning techniques to utilize in her next workforce opportunity. “The mindsets and strategies are definitely something from Futures and Options that I will carry with me throughout my entire life.”

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What stood out to me about Futures and Options was the chance for professional development since I knew there were some skills that I needed to gain that I wouldn’t learn in school.

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Alumni Profile

Omar Santos All Hallows High School Class of 2020

Columbia University Class of 2024

Career Essentials Fall 2016

O “

Starting my own investment management firm is easily my proudest accomplishment to date. My business was definitely inspired by the different financial firms I worked at in the past.

12 | Futures and Options FY2021 Annual Report

mar Santos is a thriving Futures and Options alum, a sophomore at Columbia University studying business, statistics, and history, and the founder of Xiub Capital, an investment management firm and New York City based think tank. “Starting my own investment management firm is easily my proudest accomplishment to date,” Omar said. “My business was definitely inspired by the different financial firms I worked at in the past.” Through Futures and Options, Omar interned with both Morgan Stanley and BlackRock. At Morgan Stanley, he experienced the “buy side” of financial services, the side of the financial market that invests for the purposes of fund management. Conversely, at BlackRock, he gained exposure to the “sell side,” the side of finance that deals with the creation, promotion, and selling of traded securities to the public. “It let me figure out what I like and what I don’t in the industry. I realized that I’m much more interested in the buy side—–I like being in charge of capital, seeing how it gets deployed, how it works.”

In the spring of 2020, Omar had just been accepted to Columbia and was getting excited about his freshman year when the pandemic derailed those in-person plans. “2020 was a hard year for all of us,” Omar shared. “Being online at school, having to deal with job uncertainty within my own family,

BlackRock, The Internship Program Summer 2019

Morgan Stanley, The Internship Program Spring 2018 and Spring 2020

it helped me realize that life is a series of ups and downs, but trying to find silver linings is important. I used the time to work on my business, learn things I didn’t know before, like programming—–I wasn’t very good at first, but now I would consider myself a strong programmer.” In one of his Futures and Options career readiness workshops, Omar networked with an older student who told him about the QuestBridge scholarship and how it provides a full scholarship to their partner schools. “Had I not gotten the QuestBridge scholarship, I might not have ended up at Columbia,” Omar said. “I love getting to know people, like other high school students at Futures and Options who had similar interests and were going through the same things that I was, especially with college applications.” Omar has also stayed close with his internship supervisors. “Every single supervisor from all of my internships I’m still in touch with—–I’ve been afforded such incredible mentorship from a range of people.” Through Futures and Options alumni programming, alumni such as Omar can stay connected to their internship employers and supervisors so that they can continue to cultivate their professional network. Always opportunity focused, Omar is excited to be interning with Citadel this summer, and is hopeful about growing his own business.

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Externship Profile

Yong Yan (Crystal) Liang Staten Island Technical High School Class of 2021

Massachusetts Institute of Technology Class of 2025

C

rystal, now a freshman at MIT, joined the first cohort of students in Futures and Options’ inaugural Externship Program with Salesforce, which piloted in February 2021. In a reimagining of what remote career development programming could be, Futures and Options created The Externship Experience, a 16-hour virtual career development program designed to kick-start our students’ professional journeys. Looking for an opportunity to gain some professional experience and encouraged by her high school’s career counselor, Crystal applied to the Externship program. “The primary factor for me was meeting new people who were interested in the same things I was,” Crystal said, “but also getting to network with professionals and learn what it’s like to have a career.” With the Salesforce team, students worked in groups to create three-minute “Flash Talk” pitches that focused on a particular world challenge. Students identified which Sustainable Development Goal (SDG) the challenge addressed, explained why Salesforce should tackle it, and provided a solution for the problem. In her studies, Crystal had been drawn to electrical engineering, business administration, and bio-engineering, but while working with Salesforce, she discovered a deeper passion for sustainability. “There are different parts of sustainability that I’m drawn to,” Crystal shared. “Renewable energy, like solar

14 | Futures and Options FY2021 Annual Report

Salesforce, The Externship Experience February 2021

panels, but also tackling food waste. One of the bigger things I learned from Salesforce was about the seventeen sustainability goals.” Some of these goals include affordable and clean energy, climate action, quality education, and gender equality, among others. “The externship with Salesforce taught me that I don’t only want to do software, I need some kind of hardware in my career too,” Crystal said. “That’s why I like electrical and computer science, because I get a little bit of both. The experience with Salesforce showed me what I want, but also what I want more of.” When she’s not crocheting, catching up on the latest Marvel movie, or sometimes combining those interests by making Marvel plushies (Iron Man was Crystal’s big project in the summer of 2021!), Crystal worked with her friends as a programmer to create their own platform—–OpportuniTeens–— for high school aged students to find internships and volunteer opportunities during the pandemic. “I’m usually the person who has too much on their plate, and I have to figure out what to push off. But don’t take too little—–take it all and then figure out what’s important to you,” Crystal advises. “If there’s a problem that you see in your community, you can get creative about how to solve it. Learn things outside of school and do projects that you’re passionate about.”

The experience with Salesforce showed me what I want, but also what I want more of.

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Salesforce and the Externship Experience

T

his year, Futures and Options was thrilled to pilot The Externship Experience, an employer-driven remote career exploration program, with Salesforce, a longstanding strategic partner. The program offered mentorship, skills trainings, and project-based learning to 15 young people from across the city, introducing them to a range of careers at Salesforce and helping them connect their individual goals and passions to Salesforce’s greater mission of improving the world through technology. Salesforce designed the program to include opportunities for coaching and support from employees with a diverse range of backgrounds.

Futures and Options students and alumni in FY2021.

16 | Futures and Options FY2021 Annual Report

aspect of the program, noting that “the coaching and one-on-one opportunities were invaluable. The advice I got really helped me understand what being successful in a career means to me.” The program culminated with virtual presentations from students on “hacking the SDGs,” which related to Salesforce’s commitment to the United Nations’ Sustainable Development Goals. Students selected a goal that was personally meaningful to them, such as expanding renewable energy, taking bold action against climate change, and making cities inclusive, safe, and resilient. Guided by their mentors, they proposed creative ways that Salesforce could partner with other businesses and local governments to solve problems impacting

Salesforce designed the program to include opportunities for coaching and support from employees with a diverse range of backgrounds.

This included junior team members who could describe their transitions from school to work, representatives from Salesforce’s many Employee Resource Groups who described their experiences identifying community within the company, and more experienced team members who acted as mentors and advisors to students as they participated in skill-building trainings and developed their final presentations. At the end of the week-long program, one participant emphasized that these opportunities for relationship-building were the most beneficial

these goals. Participants were able to connect Salesforce’s work with important global initiatives to their own interests. The Externship Experience allowed Futures and Options to reimagine the possibility and potential of engaging virtual career development opportunities for youth. With Salesforce as a partner that is eager to invest in our students, preparing them for the world of work and showing them that they can build careers that connect their skills, interests, and passions, our students’ success shows no bounds.

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backgrounds and neighborhoods and interests and schools from all over the city because it expands the perspectives of our team,” Merritt said.

Supervisor Profile

Merritt Birnbaum Executive Director The Friends of Governors Island

I

n the summer of 2020, The Friends of Governors Island hosted interns from Futures and Options, who played a crucial role in helping Governors Island navigate its strategy for reopening to the public during the pandemic. “The interns were so compassionate and so trustworthy that we were able to put the island in their hands and have them share it with the rest of our visitors,” said Merritt Birnbaum, Executive Director of The Friends of Governors Island. “When people started coming to the island again, they were happy to come to a place where they felt comfortable and well taken care of and that was entirely on our interns.” The Futures and Options interns completed virtual training and then began interning in person on the island in July 2020, working in visitor services and welcoming visitors back to Governors Island when it reopened. “It was amazing to see what the interns were able to accomplish in taking on that role that had been largely filled by adults before and then shining in it,” said Merritt. Interns took pride in taking on greater responsibility and they jumped at the chance to fulfill tasks such as opening up the Welcome Center independently and leading other volunteers. Additionally, having a group of interns was particularly beneficial for a small organization like The Friends of Governors Island. “I’m very grateful that the interns come from such diverse

18 | Futures and Options FY2021 Annual Report

Andy Juele supervised several cohorts of interns and she witnessed the interns experience personal growth and become more confident over the course of the program. “I can’t think of any intern that I had last year that wasn’t willing to go the extra mile and learn and try things that they didn’t think that they could do or were capable of doing,” she said. She particularly enjoyed watching her intern Fidel become more self-assured and eager to take initiative in his responsibilities; for example, interns were given curatorial responsibilities at Governors Island art spaces like the May Room, and Fidel would spend hours interacting with guests and informing them about the space. “It really became a place that he felt he could own in terms of being responsible for it and being confident in his abilities to take care of it and to share it with our visitors,” she said. The Friends of Governors Island has had several cohorts of interns since its inaugural group in the summer of 2020, and Merritt has noticed that there are certain qualities that distinguish a Futures and Options intern. “I think Futures and Options seems to really focus on finding students who are genuinely committed to career advancement and want an opportunity to work, not just to earn money but also to get the experience that’s going to set them up for success in the future and that they’re committed to that,” she said. Andy adds that Futures and Options interns are particularly open-minded and eager to make the most of their experience at Governors Island, which differs from a typical internship in an office setting. “Futures and Options makes sure that the students know every experience is valuable for career development,” she said. Merritt’s advice to other organizations and supervisors is not to underestimate the impact that high school interns can have. “Don’t lower your expectations, because these kids will blow you away,” she said. “It’s very important to not have low expectations for a high school intern and to start the program with the same standards that you would have for any employee starting as part of the team because they can do it.”

Supervisor Profile

Jenn Halweil Founder, Chief Story Engineer #GoBeyond

J

enn Halweil, founder and Chief Story Engineer at #GoBeyond, has repeatedly partnered with Futures and Options since her company was founded in 2018. “We have hired and supervised over a dozen interns at this point and it’s been a wonderful experience each time.” Jenn developed a passion for career-readiness and youth development early. “I am the daughter of a single parent and would not be here today without people who stepped in outside of my household, mentored me, and gave me educational opportunities. We are very much communal creatures and a lot of what youth learn, they don’t just learn at home,” Jenn shared. “When we’re thinking about building a better future, it’s important that from day one we have young people at the table helping guide the discussion, the companies we want to create, and the values we want to espouse.” #GoBeyond, an educational media initiative and creative agency, is dedicated to crafting stories that challenge misconceptions and elevate diverse innovators. Futures and Options interns who are hired at #GoBeyond work with Jenn and her team to learn how to tell compelling stories, develop skills with systems like Adobe or Google Suite, and stay organized by breaking big projects down into smaller steps. “I view the relationship—–supervisor to intern—–as

extremely symbiotic,” Jenn said. “What we learn from students is how they interpret the work that we’re doing. We get a fresh perspective and they get hands-on experience, build confidence, and have a project to show at the end. The world works better when you encourage people to be problem solving and take ownership.” #GoBeyond was undeterred during the Covid pandemic, and hired interns in 2020 and 2021. “I don’t want to downplay how difficult this year was, for lots of people,” Jenn shared. Difficulties aside, Jenn and her team pivoted and re-imagined their work in this era: “What does storytelling look like now? How do you run a business when you used

I view the relationship— supervisor to intern —as extremely symbiotic.

to rely on live events?” In an apt metaphor, Jenn compared her team’s struggle and reinvention to burning crops for winter because the ash makes for more fertile soil, making it easier to plant in spring. “You have to deconstruct, Phoenix-style, before you can come back stronger,” Jenn said. “Problems are just opportunities.” One of Jenn’s favorite parts of working with Futures and Options students is how many stay in touch, update her about their college and career successes, and want her to know how transformative the internship was to them. And some, like Mohammad Mahee, return to work at #GoBeyond while in college. “Mohammad was very much a self-starter,” Jenn said. “I think this generation will end up more resilient for this, in terms of their ability to be accountable, whether or not someone is watching them.”

Futures and Options FY2021 Annual Report | 19


Our Employer Partners

Internship Employers #GoBeyond A & H Technology Group ACT Care Group Acuta Digital AfroGist Media Inc.

CITYarts Crohn’s & Colitis Foundation CTI Africa Dancewave Datonics DoRight Learning It Dr. Robert S. Gotlin

American Cancer Society

East Village Community Coalition

AreaProbe

ElewaTv

Asanteworks Public Relations

Farmers Insurance Sainteus Agency

The Boys’ Club of New York

Federation of Protestant Welfare Agencies

Build A Better Planet

Frasca & Associates, LLC

BUPeriod caribBEING

The Friends of Governors Island

Cause Effective

Guidehouse

Children’s Tumor Foundation

Haitian American Caucus

Harlem Skin & Laser Clinic Her Agenda inSpirAVE Keren Or Keys to Abundant Life Inc.

Once Upon a Jewel LLC DBA Diáfano PineBridge Investments PostNet Pride Optical Recycle Track Systems

Liberation Cuisine

Sweet Generation

Maimonides Medical Center

TOSCA Coaching and Consulting

Mood Labs Inc.

Gensler

The Omni Group

The Blackstone Group The Bridgespan Group

Once Upon a Jewel LLC DBA Diáfano

The Blackstone Group

Georgetown University, McDonough School of Business

Houlihan Lokey

Brown Brothers Harriman & Co.

Salesforce

Solid As Gold Consulting

Marie Pense Center

BlackRock, Inc.

Morgan Stanley

King & Partners

March On Foundation

Externship Employers

Tourette Association of America The Treasured Empire

Zurich American Insurance Company

Career Exploration Partners

Build A Better Planet Caine Mitter & Associates Incorporated

Trillium Management, LLC

The New York Group

Umoja Events

Novità PR

Voya Financial

Apollo Global Management

New York City Department of Records and Information Services

Yabu Pushelberg

AreaProbe

Young Professionals in Infrastructure

Bank of America

AMC Networks Inc.

Behrman Capital

Queens Botanical Garden

inSpirAVE

Cerberus Capital Management

Kirkland & Ellis LLP

Community Healthcare Network

Mount Sinai Beth Israel

Prime Clerk

Indeed

Centerview Partners LLC

A & H Technology Group

Aerotek Recruiting and Staffing

PIMCO

Harvest

Infor

Clarity Recruiting

ACT Care Group

Penguin Random House

Guidehouse

caribBEING

#GoBeyond

CTI Africa Davidson Kempner Capital Management LP

Patricof Co

Google

RonLouis Photos Salesforce Solamere Capital, LLC

KPMG International

Solid As Gold Consulting

Kuehne + Nagel

Tiffany Joy Murchison & Co. Media Boutique

Lincoln Medical Center Millennium Hilton Downtown

Timberlake Studios, Inc. Twitter

Mount Sinai Beth Israel

Umoja Events

Dr. Robert S. Gotlin

MUFG

enCourage Kids Foundation

New York Marketing Association

FTI Consulting

New York Stock Exchange

Gap Inc.

Oliver Wyman

Voya Financial Zurich American Insurance Company

Zina Lanay LLC

53%

Arts and Culture

Nonprofit

46

%

Fashion Design and Textiles

Media and Entertainment

Communications

Financial Services

Professional and Business Services

Community Development

Food and Beverage Production

Public Administration

Education

Healthcare

Retail

For-Profit

1

%

Social Services

Technology

Youth Services

Government

20 | Futures and Options FY2021 Annual Report

Futures and Options FY2021 Annual Report | 21


2021 Strategic Partners Futures and Options provides career-readiness workshops and the Internship Program for its strategic partners, leveraging our expertise in youth career development and allowing for increased opportunities for New York City students. This year, we were excited to partner with the following schools, corporations, and nonprofit partners.

High School Partners Bronx Center for Science and Mathematics Bronx High School for Law and Community Service Bronx School of Law and Finance Central Park East High School Comp Sci. High (Urban Assembly Charter School for Computer Science)

Frederick Douglass Academy High School of Fashion Industries High School for Health Professions and Human Services

Washington Heights Expeditionary Learning School (WHEELS) William H. Maxwell High School

High School of Hospitality Management

Business & Nonprofit Partners

Hillcrest High School

ArtsConnection

Information Technology High School

The Blackstone Group

Leadership and Public Service High School Marble Hill High School for International Studies Marie Curie High School Math, Engineering, and Science Academy Charter High School MESA Charter High School The Laboratory School of Finance and Technology Urban Assembly School for Collaborative Healthcare

East Harlem Tutorial Program

Creating a pipeline of amazing talent

Houlihan Lokey JPMorgan Chase, The Fellowship Initiative Kirkland & Ellis LLP Morgan Stanley The Municipal Forum of New York New York Alliance for Careers in Healthcare Salesforce Voya Financial Zurich American Insurance Company

Supervisor Jenn Halweil (left), of #GoBeyond meets with her interns Keren Raymond (center) and David Laszczkowski (right).

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23 | Futures and Options FY2021 Annual Report

Futures and Options FY2021 Annual Report | 23


The Places They’re Going

Lawrence University Lehigh University Lehman College Long Island University Long Island University Brooklyn

Babson College Barnard College Baruch College

Farmingdale State College

Montserrat College of Art

Binghamton University

Fashion Institute of Technology

Borough of Manhattan Community College

Florida Atlantic University

Boston College

Florida Institute of Technology

Boston University

Fordham University

Brandeis University

George Washington University

Bronx Community College Brooklyn College Brown University Case Western Reserve University The City College of New York

Georgetown University

Morehouse College Muhlenberg College Nazareth College The New School New York City College of Technology

SUNY Geneseo SUNY Morrisville SUNY New Paltz SUNY Old Westbury

Temple University

University at Albany University at Buffalo

Dream Big scholarship finalist Arefa Rahman (left) with our Patricia S. Machir scholar Rahi Mitra (center)

Hartwick College

Onondaga Community College

University of Chicago

Harvard University

Pace University

University of Michigan

Harvey Mudd College

Parsons School of Design

University of Pennsylvania

(right) at Dream

Hofstra University

Pennsylvania State University

University of Pittsburgh

Big in 2021. Photo

Princeton University

College of Staten Island

Hunter College

Purchase College

College of the Holy Cross

John Jay College of Criminal Justice

Queens College

Connecticut College

Kingsborough Community College

The Cooper Union

Lafayette College

Cornell University

LaGuardia Community College

24 | Futures and Options FY2021 Annual Report

Queensborough Community College

2021 Dream Big Finalists Aleandra Enoe Arefa Rahman

Syracuse University

Nova Southeastern University

Howard University

These college scholarships are named in honor of our founder, Dr. Barbara L. Christen, and former Executive Director Patricia S. Machir. Since 2012, Futures and Options has awarded more than $88,000 in college scholarships.

2021 Patricia S. Machir Scholar Rahi Mitra

Swarthmore College

Tulane University

Colgate University

2021 Barbara L. Christen Scholar German Ortega

SUNY Plattsburgh

Northeastern University

Pratt Institute

a Futures and Options student: communication, integrity, leadership, professionalism, teamwork, and an interest in exploring careers.

SUNY Oswego

Tufts University

Clemson University

Dartmouth College

Futures and Options awards college scholarships to exemplary high school seniors who have participated in Career Essentials, the Internship Program, and/or the Externship Experience. The Dream Big Scholarship Panel, comprised of Futures and Options Board and Advisory Council members, Junior Board members, staff, and alumni, seeks to honor young people who embody the six hallmarks of

SUNY Fredonia

New York University

Hostos Community College

Columbia University

Stony Brook University

SUNY Delhi

Monroe College

Fashion Institute of Design and Merchandising

St. Francis College

Massachusetts Institute of Technology

Emory University

The Barbara L. Christen and Patricia S. Machir Scholarships

Smith College

SUNY Brockport

Medgar Evers College

The Dream Big Scholarships

School of Visual Arts

Manhattan College

Mercy College The American Musical and Dramatic Academy

Savannah College of Art and Design

University of Rochester

and Barbara L. Christen scholar German Ortega

by Lily Kesselman Photography.

University of WisconsinMadison Washington Adventist University Wellesley College William Paterson University

Rensselaer Polytechnic Institute

Yale University

Rutgers University

York College

2021 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. We are incredibly proud that four Futures and Options students were named Voya Scholars this year, each of whom received a $10,000 scholarship for college.

Salvador Galvan University of Michigan Shahreen Haque Fordham University Yuki Lau Baruch College Nayancie Matthews Baruch College

Futures and Options FY2021 Annual Report | 25


Financials

The Barbara L. Christen Founder’s Circle

2021 SUPPORT AND REVENUE:

2020

Without With Donor Donor Restrictions Restrictions

Total

Without With Donor Donor Restrictions Restrictions

Total

Special event Event revenue

1,242,487

-

1,242,487

1,517,111

-

1,517,111

(29,116)

-

(29,116)

(184,316)

-

(184,316)

Net special event income

1,213,371

-

1,213,371

1,332,795

-

1,332,795

Contributions

421,640

332,300

753,940

612,701

221,445

834,146

30,220

-

30,220

351,851

-

351,851

Program service revenue

538,848

-

538,848

1,160,517

-

1,160,517

Government grants

456,810

-

456,810

37,300

-

37,300

208

-

208

309

-

309

Less: event expenses

Contributions in-kind

Interest income Net assets released from restriction Satisfaction of purpose restrictions

193,452

(193,452)

-

716,810

(716,810)

-

Expiration of time restrictions

58,500

(58,500)

-

-

-

-

Net assets released from restriction

251,952

(251,952)

716,810

(716,810)

-

Total support and revenues

$2,913,049

$ 80,348

$2,993,397

$4,212,283

($495,365)

$3,716,918

Futures and Options relies upon the generosity of corporations, foundations, and individuals to support its programs. The Barbara L. Christen Founder’s Circle recognizes our donors—–all of whom make it possible for Futures and Options to provide high-quality career development programming to New York City teens, and reach more students each year. This list reflects donations received in FY2021 (July 1, 2020 through June 30, 2021). Every gift helps. We thank you for your continued generosity.

Corporate and Foundation Support

Stretto

$100,000+

Alvarez & Marsal

The Charles Hayden Foundation

Bracewell LLP

The Pinkerton Foundation

Career development— other

1,621,478

-

1,621,478

2,243,655

-

2,243,655

Total program expenses

2,064,140

-

2,064,140

2,915,924

-

2,915,924

Management and general

384,082

-

384,082

532,749

-

532,749

Fundraising

206,150

-

206,150

175,210

-

175,210

$2,654,372

-

$2,654,372

$3,623,883

-

$3,623,883

Total expenses Increase/(decrease) in Net assets Net assets, beginning of year Net assets, end of year

26 | Futures and Options FY2021 Annual Report

-

672,269

258,677

80,348

339,025

588,500

(495,365)

93,035

1,126,949

271,152

1,398,101

538,549

766,517

1,305,066

$1,385,626

$351,500

$1,737,126

$1,126,949

$271,152

$1,398,101

Centerview Partners LLC

Stroock & Stroock & Lavan LLP

Morrison & Foerster LLP

Teneo

Orrick, Herrington & Sutcliffe LLP

Voya Financial Weil, Gotshal & Manges LLP

P. Schoenfeld Asset Management LP

White & Case LLP

Pfizer Inc.

Work Progress Program

Portage Point Partners

Youth INC

Skadden, Arps, Slate, Meagher & Flom LLP

JPMorgan Chase & Co.

Dentons US LLP

$5,000 - $9,999

Kirkland & Ellis LLP

Evercore Inc.

The Lawrence Foundation

FTI Consulting, Inc.

American Eagle Outfitters Foundation

Guggenheim Partners

Wilmer Cutler Pickering Hale and Dorr LLP

Solon E. Summerfield Foundation

Anonymous

The Herbert and Sarah M. Gibor Charitable Foundation

Arnold & Porter Kaye Scholer LLP

$2,500 - $4,999

ATL Partners

ADK Capital LLC

The Howard Hughes Corporation

Birch Lake Partners, LP

Blake, Cassels & Graydon LLP

Akin Gump Strauss Hauer & Feld LLP

672,269

Bulldog Ventures, Ltd.

Modern Executive Solutions

Debevoise & Plimpton LLP

Program expenses 442,662

AlixPartners

Stone Point Capital LLC

$99,999

$49,999 -

$10,000 - $24,999

Michael Tuch Foundation, inc.

Sixth Street Partners

Davis Polk & Wardwell LLP

EXPENSES: 442,662

Willkie Farr & Gallagher LLP

Loews Corporation

$50,000 -

$25,000 -

Career development— intern wages/stipends

Voya Foundation

Simpson Thacher & Bartlett LLP

Blackstone Charitable Foundation

Joele Frank, Wilkinson Brimmer Katcher J.P. Morgan Securities LLC

Cahill Gordon & Reindel LLP

The Stony Point Foundation

Drivetrain, LLC

Centerbridge Partners

Goldman Sachs

Chilmark Partners

King Street Capital Management

Houlihan Lokey

KCC

JPMorgan Chase Foundation

Kramer Levin Naftalis & Frankel LLP

Morgan Stanley

Latham & Watkins LLP

Onex Corporation

M3 Partners, LP

Gibson, Dunn & Crutcher LLP

Opportune LLP

Prime Clerk

GLC Advisors & Co.

Pachulski Stang Ziehl & Jones LLP

Quinn Emanuel Urquhart & Sullivan, LLP

Guidehouse

Paul, Weiss, Rifkind, Wharton & Garrison LLP

Ropes & Gray LLP

Knighthead Capital Management, LLC

Rothschild & Co

PIMCO

Korn Ferry

The Rosenkranz Foundation

Laurie M. Tisch Illumination Fund

DEVA Capital

Macquarie Capital (USA) Inc.

Freshfields Bruckhaus Deringer LLP

Marblegate Asset Management LLC Mayer Brown LLP Munger, Tolles & Olson LLP Reed Smith LLP Shearman & Sterling LLP Vinson & Elkins LLP

Futures and Options FY2021 Annual Report | 27


$1,000 - $2,499 American Express Foundation

East Village Community Coalition Facebook

Roopesh Shah

ADVOCATES

Morolake Thompson

Hildy & Marc Sheinbaum

$1,000 - $2,499

Kaj Vazales

Erin & Paul Teske

Wariz Anifowoshe

Dashawn Walker

Vanessa Wilson

Daniel Aronson

Mollie & Bill Williams

Yvette Auyeung

Melinda Wiswell & Joseph Davola

The Carlyle Group

Global Strategy Group

Chatham Imports, Inc.

Indeed

Datonics

Lazard

DREAMERS

Davidson Kempner Capital Management LP

PNC Financial Services Group, Inc.

$5,000 - $9,999

Fortress Investment Group LLC

PVH Corp.

Google

PwC Yabu Pushelberg

Jewish Federation of Metropolitan Detroit King & Partners Marsh McLennan Morgan Stanley Foundation MUFG Walt Disney World Co. Zurich North America

$500 - $999 Apollo Global Management Bank of America Charitable Foundation

Individual Donors VISIONARIES $25,000-$49,999 Stephanie & Stephen Hessler Jennifer & Jason New Debra Regan & Paul Wasinger

OPTIMISTS

Anne Benedict

Alice & Patrick Chu

$500 - $999

Susan Egbert Gilroy & Tony Gilroy

Maureen & Michael Clancey

David Berman

Michelle Hylton & Hugh Nelson

Ellen & Casey Cogut

Melissa Francis & Wray Thorn

Bethany & Ketan Kapadia

Linda & Louis Foundos

Susan Changar

Beth Friedman Lurie & Mark Lurie

Krisztina Geosits

Julia Cormier

Benjamin Giles

Chandler Dalton Lori & Douglas Deutsch

Patricia Machir

Annette & Jonathan Goldstein

Katie & Patrick Machir

Timothy Hoffman

Alison & Ben Schrag

Tori Irons

Frederica & Efrem Sigel

Shankar Jonnagadla

John Thompson

Edward Machir

Jennifer & Thane Carlston

Mark Buschmann

Encina Business Credit, LLC

Debra Fierro & David Trucano

Laura & Todd Filsinger

Kutak Rock LLP

Dave Miller

The New York Community Trust

Lori & Paul Zemsky

Recycle Track Systems

BELIEVERS

Anthony Horton

$10,000 - $14,999

William Iwaschuk

Lynne & Stephen Goldstein

Erin Murphy & Sean Connolly

AmazonSmile Ares Management Barings LLC Christie’s Chubb Deutsche Bank

Colleen Hsia Jennifer & David Johnston

Michael Grant Joshua Green Christian Hakim

Phannee Noiplai & Steven Sperber

Rittik Chakrabarti

Alvin Ng Liliana Nunez Monica Proothi John Puig Mark Shapiro Tyler Sinclair Valerie Sun Mary Thai James Tumminello John Vitha Eleanor & Mark Walfish Noam Wolf Yuting Zeng Jane & Richard Zenker

Damini Ghosh

Ankita Chaudhary

Anne & John Goldsmith

Helen Cheng

Debra Gonzales

Linda Cheng

Jaclyn Hall & Hank Balbirer

George Chrisafis Kate Christen Peggy Cohen Jon Coplon James Corcoran Byron Cordes Raynor Cordes Chad Cornish Robert Cronin Rebecca Curran Tess Davidson Enrique Davila James Doench

Rosalind Heideman Taylor Heideman Paris Heymann Joseph Hill Birgitta Hillberg-Durrett David Hitsky Matthew Holtzman Ryan Hosie Annie Hsieh Robyn Huffman Rachel Hyman Melissa Imperiale

COACHES

Meghan Donaldson

Jose Esteves

$100 - $499

Patricia & Michael Imperiale

James Donnell

Rena Fischler Jacobs

Karen Freedman & Roger Weisberg

Shamoun Afram

Brad Donnelly

Spencer Jennings

Bradley Alfred

John Dougherty

Leah Friedman

Maureen & Dan Johnson

Nathan Kaplan

David Amiri

James Duplissie

Sharon & William Gallagher

Mary Jurgensen

Lauren Katz & Mitch Soiefer

Anonymous

Karla Esleeck

Lane Katz

Vanessa Arthur & James Gurney

Marc Esquenet

Aaron Keith

Jerry Faust

Esther Kind

Brendan Feinberg

Wendy Klein

Michele Fenice

Rosalie Koenig

David Ferrerio

Zach Lane

Maggie Fitzpatrick

Shirley Lau

Patricia Fitzpatrick

Courtney Leimkuhler

Rachel Fix

Djena Lennix

Terrence Flynn

Mary Levett

Jeff Forlizzi

Gregory Lewis

Allyson Forshee

Eli Lipcon

Chris Freeberg

Anthony LoFrisco, Jr. Ellen & Steven Lux

Bonnie Kong Adam Kostrinsky Jill Lafer Jonathan Lindabury Brittany Lux Evan Middleton Nora & Mark Muller Thomas Nash Jennifer O’Neil Carsten Otto Martha & Mark Patricof Michelle & Alex Popov Scott Porter

Priscilla & Daniel Pombo

Teri Ann & Paul Quinlan

Chitrang Purani

Laura & David Schiff

Sue Ann Schiff

Kate Nadolny Settle & Matthew Settle

Jocelyn Wietfeldt

Alejandra Sotomayor

Nanar & Anthony Yoseloff

Margaret & Thomas Teske

Sarah Jane & Trevor Gibbons Catherine & Richard Herbst

Michael Babakitis Shoshana Bai

Michelle Hu

Mary Basson

Alfonso Jimenez

Jason Belland

Pedro Jimenez

Daniel Berger

Michael Johnson

Jeffrey Berk

William Kim

Farah Bernadin

Nitish Korula

Michael Beutel

Meg Langan

Andreas Boye

Zachary Larson

Gary Brewster

Vincent Laudone

Tyler Brockington

Sandra & Chuck Law

Bill Brougher

Cara Friedman & James Cameron

Aaron Lidawer

Alexandra Burban

Douglas Friske

Jessica Ma

Marianne & Stephen Busby

Jade Fu

Delilah Marto Robert McHugh

28 | Futures and Options FY2021 Annual Report

Phillip Mule

Kevin Cassidy

Libby & Brian Duffy

David Pfeifer

Claire Laudone & W. Greg Thonsen

Rohil Bhatnagar

Anna Durrett & Daniel Magliocco

$2,500 - $4,999

AllianceBernstein

Jonine Bernstein

Lisa Grushkin

Cathy & Tom Bendert

$1 - $499

David Ying

ADVISORS

CHAMPIONS

BNY Mellon’s Community Partnership

Megan Callanan Sam Breuer

$15,000 - $24 ,999

BlackRock

Gregory Berube

Lucy McLoughlin LeBlanc & Cameron LeBlanc

Julie Cantu

Zach Georgeson

John Lyons Ava Macchiaverna Will Magliocco Dipa Makim

Futures and Options FY2021 Annual Report | 29


Board of Directors

Herbert Mandel

MiMi Shih

Samuel Basquin

Catherine Mullarney

Chris Manz

Matt Siegel

Tarra Bernadin

Kathryn Murphy

Christine Martin

Carolyn Silver & Alex Basson

Aaron Blazich

Corey Ogilby

OFFI CERS

D I RECTORS

Catherine Butschi

Josh Peterson

Stephen E. Hessler

Thane Carlston

Benjamin Schrag

Chairman

Stephen Goldstein

Matthew B. Settle

Colleen Hsia

Roopesh K. Shah

William Iwaschuk

Efrem Sigel

David C. Johnston

Daniel Tannebaum

Richard McCarthy Claire McGuire Carol & Frank McIntyre Michael McKeown Stephen Mehos Bo Meng Joanna Munoz-Woods & Michael Woods

Donald Simmons Ali Slagle Johnathan Sloan John Knight Smith Diana Solash Keith Solomon Maria Solomon

Cherrie Nanninga

Ben Spiegelman

Laura & Clarke Nobiletti

Nina Spiegelman

Lorenza Nunez

Sheena Strawter-Anthony

Cathy O’Rourke

Eric Strumwasser

Brian Pacheco

Isaac Sutton

Karen Parker

Clementine Swan

Giacomo Picco

Hannah Tate

David Rader

Deborah Thonsen

Navid Rahgozar

Katelynn Timmermans

Erica Richardson

Gergana Trendafil & Teodosi Tchonev

Virginia Robertson

Mallory Calhoun

Matt Premus

Daphne Chan

Lloyd Princeton

Cathy Bendert

Jonathan Cooke

Juliana Granados Quiroga

Development

Erica Cunningham Amy Dameron Katherine DeFoyd Randye Farmer Melissa Fenice Ryan Foo Eric Friedman Taylor Friedman Jill Gabin Dragana Geraghty James Gnanamithran Zach Goodwin Sharri Gordon Angie Green

Mary Tuttle

Angela Jenkins

Patrick Venter

Kymberly Johnson

Ryan Venter

Mary Jurgensen

Jeffrey Sabin

Thomas & Maureen Venter

Patricia & Bob Karmozyn

Joan & Michael Salzman

Peter Vilim

Connie Khuu

Katherine Roche Erin Roth & Chris Licata Karen & Rich Rutkowski

Andrew Kaufman

Bryan Sanderson

David Wheeler

Dinkar Saran

John Whitman

Liz & Albert Scheer

Samantha Kish

Joanne Woiteshek

John Schiavetta

Nathan Krasnick

Howard Zhang

Jeremy Schneider Ryan Schneider

FRIENDS

Jeffrey Schupak

$1 - $99

Alexander Serebransky Joel Serebransky Jainesh Shah Poonam Shah & Adam McCoy

Talia Abraham Henry Balbirer Liz Barnum Roberto Camacho Barranco

30 | Futures and Options FY2021 Annual Report

David Kim

Ali Krukowski Alana Laudone Dewey Lee Samantha Lux James Ly Mary McIvor Yan-Carlos Minaya Lori Morse

Vice Chair, Resource

Kusha Rahgozar

Lisa Grushkin

Michael Reiner

Vice Chair, Program

Daniel Magliocco

Paul Teske

The Rekutin Family

Erin Murphy

Dave Miller

John Thompson

Sarah Reul

Secretary

Jason New

W. Greg Thonsen

Alexander Ross

Christopher M. Snyder

Jennifer O’Neil

Wray Thorn

Daniel Pombo

David Trucano

Chitrang Purani

Carolyn Silver

Ryan Schneider

Ex Officio, nonvoting member

Marty Schayowitz Nadia Schraud Sebastian Sheng

Treasurer Paul Zemsky Vice Chair, Strategy

Fran & Steve Silver Britta Spinella Jack Suen

Advisory Council

Smith Talon

Yvette Auyeung

Patrick Machir

Steven Sperber

Siva Vangala

Karla Esleeck

Hugh Nelson

Dashawn Walker

Krisztina M. Geosits

Robert Ramirez

Alex Yu

Michael Grant

David Schiff

Zhe Zhao

Jessica Ma

Poonam Shah

Brendan Venter Marc Weisi

In-Kind Donors Hundred Acre Design Justin Teodoro

Futures and Options makes every effort to ensure that our listing of contributors is complete and accurate. The donors listed contributed in FY2021 (July 1, 2020 through June 30, 2021). If we have accidentally omitted your name, please email info@ futuresandoptions.org.

Junior Board Wariz Anifowoshe

Damini Ghosh

Olivia Miloro

Shreeya Bhatia

Brianna Gordon

Liliana Nunez

Rohil Bhatnagar

Angeline Harry

Navid Rahgozar

Sam Breuer

Michelle Hu

Krishna Shah

Megan Callanan

Melissa Imperiale

Sebastian Sheng

Byron Cordes

Nathan Kaplan

Ben Spiegelman

Julia Cormier

William Kim

Morolake Thompson

Chandler Dalton

Zachary Larson

Haley Vavoules

Enrique Davila

Aaron Lidawer

Patrick Venter

Tiffani Dawson

Brittany Lux

John Whitman

Maggie Fitzpatrick

Rachel McCauley

Michelle Woodward

Leah Friedman

Michael McKeown

Futures and Options FY2021 Annual Report | 31


Staff Fareesa Abbasi Business Engagement Manager

Shakina Kirton Program Administration and Evaluation Coordinator

Justin Roberts Director of Data and Evaluation

Jessy Berkhoff HR and Administration Coordinator

Sasha-Lee Lewin Senior Program Coordinator

Maritza Rodriguez Program Coordinator

Jessica Mischkot Program Director

Claire Sagurton Development & Communications Assistant

Meghan Daley Program Manager Amber Davila Business Engagement Coordinator Kate Herman Program Manager Pablo Herrera Program Manager Sahar Jawadi Program Coordinator Sam Kahn Alumni Engagement Coordinator

32 | Futures and Options FY2021 Annual Report

Erin Moran Director of Individual Giving and Special Events Joanna Munoz Director of Foundation Relations David Pfeifer Director of Finance and Administration Yelimar Quiñones Manager of Strategic Partnerships and DEI Initiatives

Nell Schwed Development & Communications Manager Carolyn Silver Executive Director Ulyses Small Program Coordinator Bonnie Steinberg Alumni Volunteer Assistant

Design by Hundred Acre Design https://hundredacre.design Photography by Ellen Dubin Photography http://www.ellendubinphotography.com



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