ANNUAL REPORT 2021
EMERGING LEADERS COUNCIL
2021 We’re home.
This fall, New Heights opened the doors to our new headquarters at the Major R. Owens Health & Wellness Community Center. After years of preparation and planning, we couldn’t be more thrilled to finally put down permanent roots. The entire New Heights family looks forward to becoming an integral member of the Brooklyn community and strengthening our reach across the city. Since our inception in 2005, New Heights has worked tirelessly to help underserved young people discover and nurture their talents to become lifelong leaders on the basketball court, in the classroom and beyond. Our fully realized vision always included finding a home that would enable us to scale our programming, increase our impact and be a welcoming environment for our student-athletes and families. Thanks in large part to the support we have received from many of you, this vision is now a reality. With three full-sized basketball courts, classrooms, technology lounge and administrative offices, our new home brings together all staff, coaches, tutors and volunteers to streamline the student-athlete experience and pave the way for transformative growth. Through expanded services and new community-based programs, including summer day camps, basketball clinics, leagues, and schoolbased partnerships and events, New Heights will ultimately reach thousands of additional youth and their families each year. As you read the pages that follow, we hope that you share in our sense of excitement and pride. We also hope that you will visit us in person to see firsthand how our programming and new home give underserved youth everything they need to rise to excellence on and off the court. Special thanks to Board members Andy Nathan, Duane Fiedler and Nick Silvers for their leadership roles on our Brooklyn Bound Committee, and to Linda Choong who oversaw the Design Committee of the new space. We are also grateful to the New Heights Community Artist Collective for their beautiful murals, some of which you will see in the photography throughout this annual report. Finally, and most importantly, thank you to our supporters for being a part of this incredible journey. On behalf of the Board of Directors, our staff and especially our student-athletes and their families, we express our deepest gratitude for your generosity. We would not be here without you. With warmest wishes for a healthy and prosperous 2022. In appreciation,
Ted Smith Executive Director Cover and Opening Photo Credit: Connie Zhou
Mark Patricof Board Chairman 2021 ANNUAL REPORT
New Heights
New Heights targets boys and girls in grades 4-12 who have a passion for basketball, and also provides services to our program graduates enrolled in higher education. The majority of our participants come from socio-economically disadvantaged backgrounds and live in underserved communities throughout New York City.
Mission Vision New Heights’ mission is to educate and empower promising underserved youth to be leaders, champions and studentathletes by developing the skills necessary for success in high school, college and life.
Through expanded programming and deep engagement with the Brooklyn community, New Heights will establish itself as a leader in sportsbased youth development and a model of non-profit excellence.
Value
New Heights has helped secure over $65 million in scholarships and financial aid for our student-athletes.
Population Served 55% 17% 17% 9% 2%
African-American Multi-Racial Caucasian Latino Asian
59% Male 41% Female
42% 4th - 8th Grade 30% 9th - 12th Grade 28% Higher Education
Impact
Since our inception in 2005, New Heights has demonstrated 100% high school graduation, 98% college matriculation and over 75% college graduation rates for our studentathletes.
Grace Lanier Brooklyn, NY Class of 2025
Program Design Since our founding, New Heights has been guided by four overarching values: Teamwork, Respect, Effort and Excellence. While these values remain at the forefront of all we do, our organization and our programs continue to evolve as we transition to Brooklyn and expand our services. In preparation for the substantial growth that we are undertaking, and to better understand the successes and challenges of our programming, New Heights commissioned a multi-phase evaluation with external research, evaluation and strategy firm 8RES during the past several years to review and revise all of our program models, goals and metrics. The evaluation explored program processes and outcomes, and the results have informed the continued development of our College Bound program and the development of new community-based services, including: PHYSICAL + MENTAL HEALTH + WELLNESS Programs include community skills development, basketball events, community basketball leagues, nutrition workshops and court partnerships with community organizations. SOCIAL EMOTIONAL LEARNING Programs include an all-day summer camp and workshops across a range of SEL competencies based on community need, and implementation of our TREE values.
PHYSICAL + MENTAL HEALTH + WELLNESS
HIGH SCHOOL + COLLEGE + CAREER ACCESS Programs include high school and college exposure, test preparation, tutoring and workshops on applications, financial aid, financial literacy, interviewing, resume writing and internships.
SOCIAL EMOTIONAL LEARNING
2021 ANNUAL REPORT
HIGH SCHOOL + COLLEGE + CAREER ACCESS
Class of 2021
We congratulate the New Heights Class of 2021. Below is a list of the schools that they are attending: STUDENT-ATHLETE
SCHOOL
STUDENT-ATHLETE
SCHOOL
Jalen Bradberry......................... Woodstock Academy*
Olivia Medford........................... The Winchendon School*
Tyler Dendy................................ Pomfret*
Skyla Norton.............................. SUNY-Purchase
Eldina Dervisevic....................... Monroe College
Ethan Okwuosa......................... S. New Hampshire Univ.
Madiata Diabate......................... The Winchendon School*
Nate Santos............................... University of Pittsburgh
Nayeli Dowding.......................... Harcum College
Ariana Seawell........................... Univ. of MD-Eastern Shore
Emily Florvil............................... Hostos College
Jaden Slaughter......................... Cheshire Academy*
Bryce Harris............................... Howard University
Jake Tavroff............................... Columbia University
Imani Harris............................... Siena College
Rob Taylor................................. Wagner College
Ainhoa Holzer............................ Purdue University
Olivia Vero................................. Montclair State University *(post-grad)
Anthony Lopez........................... Univ. of New Hampshire
84%
of the Class of 2021 qualifed for college PELL grants
Alums in the Pros The following New Heights graduates are playing professional basketball:
PLAYER
TEAM/COUNTRY
PLAYER
TEAM/COUNTRY
Precious Achiuwa ..................... Toronto Raptors
Jon Han .................................... Puerto Rico
Emmy Andujar .......................... Puerto Rico
Jalen Jenkins ............................ Portugal
Niki Avery ................................. Greece
Brent Jones .............................. China
Moses Brown ............................ Dallas Mavericks
Paul Jorgenson ......................... Portugal
Justin Champagnie ................... Toronto Raptors
JR Lynch ................................... Puerto Rico
Cori Coleman ............................ Germany
Hassan Martin .......................... Greece
Devon Collier ............................ Puerto Rico/Mexico
Dupree McBrayer ...................... Germany
Isaiah Cousins .......................... Greece
Josh Owens .............................. Greece
Trey Dickerson .......................... Colombia
JayVaughn Pinkston ................. Mexico
James Feldeine ........................ Kuwait
Xavier Pollard ........................... Hungary
Branden Frazier ........................ Poland
Will Rayman .............................. Israel
Kiah Gillespie ............................ France/USA (WNBA)
Nakye Sanders.......................... Portugal
Lance Goulbourne .................... Japan
David Seagers .......................... Indonesia
Kylan Guerra ............................. Puerto Rico
Isaiah Washington..................... Montenegro
Jimmy Hall ................................ Israel
Jordan Washington ................... Qatar
Photo Credit: Connie Zhou
2021 ANNUAL REPORT
COURT
New Heights was one of the first and only organizations in New York City to use basketball to promote academic performance. Instead of emphasizing “the win,” we use positive coaching to motivate the young people in our program to develop a variety of leadership and life skills that will ultimately prepare them for the world beyond sports. New Heights currently fields 23 teams that compete locally and regionally, and in some cases, nationally. Some of our most exciting moments that took place on the court this past year include: NEW HEIGHTS JOINS NIKE EYBL New Heights joined the Nike family this year and our partnership includes competing in the Nike Elite Youth Basketball League circuit, the top youth grassroots basketball league in the country. Our 17U, 16U and 15U boys teams competed at the prestigious Peach Jam event in July and all finished with winning records against the top programs in the country.
In 2020-2021
23
CLINICS WITH THE PROS Within the first month of opening our home, we have already hosted several free community events serving hundreds of youth and coaches. Our first event was a coach’s clinic hosted by USA Basketball and the NY Knicks, followed by the Brooklyn Nets Basketball Academy, featuring James Harden for over 130 boys and girls. We look forward to providing more unique opportunities for years to come.
New Heights teams (13 boys teams, 10 girls teams)
THE FOUNDATION As part of our community initiatives, we launched The Foundation, a series of free weekend community basketball clinics this fall for over 100 elementary and middle school youth. Led by Community Director Khalid Green, the program provides high-quality basketball instruction and programming. We are excited to expand this and other programming for the community on the court and in the classroom in 2022.
3
CIVIC RESPONSIBILITY Earlier this year, we were proud to partner with the Board of Elections to host Early Election Voting in our new home facility. It was inspiring to see the basketball court transformed into a voting site where our community’s voice could be heard. We look forward to future opportunities to share our home as a resource for the local neighborhood.
5
Boys Division I commitments in the Class of 2021
Girls Division I commitments in the Class of 2021
4
Alums playing in the NBA & WNBA
79
Alums currently playing college basketball
2021 ANNUAL REPORT
CLASSROOM Through comprehensive academic support, New Heights ensures that our youth reach the benchmarks required to advance in school, graduate, and matriculate to and through college. In addition to building skills on the court, our coaches and educators help our student-athletes navigate the high school application process, boost performance through individualized tutoring, prepare for the SATs and similar tests, explore colleges and universities, search for and access scholarships, and network with professionals to promote career readiness. SUMMER ACADEMY We hosted our annual Summer Academy in person in August at Bishop Loughlin High School in Brooklyn. For two weeks, our middle school youth took part in innovative academic programs and intensive basketball training. We focused on partnerships this summer, working with TEAM (Tech Exposure and Access Through Mentoring) to provide a basketball analytics course; DIVAS (Digital Interactive Visual Arts Sciences) for Social Justice to learn about VR (virtual reality) through discussions on social justice; and Allergic to Salad to teach nutrition and healthy eating habits. We also hosted daily group discussions on our TREE values and provided targeted high school transition programming for rising ninth graders. TUTORING + SAT PREP New Heights provided over 450 hours of individual tutoring sessions for our student-athletes. We also hosted a 14-hour SAT prep course in the spring, and ongoing workshops on a range of topics for both youth and their families to ensure successful grade promotion at school, on-time graduation and matriculation to college. CORPORATE PARTNERSHIP HIGHLIGHTS New Heights teamed up with longtime supporter Centerbridge Partners to host a virtual discussion on college and career options, and with Morgan Stanley to provide summer internships for program alumni. We also partnered with AZ Educate, a summer program led by Ackman-Ziff to offer career and networking exposure. FEMALE EMPOWERMENT New Heights partnered with several current and former WNBA players for panel discussions, meet and greets and a media day to provide our female student-athletes with career exploration, college exposure and an opportunity to meet with professionals across a wide range of sports-related industries.
2021 ANNUAL REPORT
Since 2005
394
Program graduates
100%
High school graduation rate
98%
College matriculation rate
78%
College completion rate
$65M
Awarded in scholarship/ financial aid to student-athletes
COMMUNITY
We believe that the shared language of sports—and in our case basketball—brings us together to support one another on and off the court. During the past year, New Heights has organized several events to build community and share resources. DEMYSTIFYING THE VACCINE In the spring, New Heights hosted a free virtual COVID vaccination community discussion in partnership with Maimonides Medical Center and the Brooklyn Nets to help educate our community and make informed decisions about the vaccine. SOCIAL JUSTICE WITH THE NBA FOUNDATION We were proud to partner with the newly-founded NBA Foundation as one of the first 20 grantees nationally to help “create employment opportunities, further career advancement and drive greater economic empowerment in Black communities.” SPORTS-BASED YOUTH DEVELOPMENT PLAYBOOK New Heights worked with research, evaluation and strategy firm 8RES on an evaluation of best practices from organizations across the country, the results of which we have used to create a SBYD Playbook to inform current and future program planning and data tracking, along with outreach and engagement in our new Brooklyn community. We are looking forward to sharing this with our community throughout the coming year. MADNESS’21 This year’s virtual MADNESS was a star-studded event with a great panel discussion on college basketball during the NCAA Tournament. Host Ros GoldOnwude was joined by NBA Analyst and former NCAA Champion Jay Williams, and Brooklyn Nets star Blake Griffin. The trio discussed their college basketball experiences, made tournament predictions and fielded questions from our student-athletes. 7TH ANNUAL TEAM CHALLENGE Each spring, the entire New Heights family rallies as one, from staff to parents, coaches to players, for the annual basketball Team Challenge. This year the Team Challenge was once again a Zoom-based virtual “Push-up-a-thon”. With social distancing still in place, the New Heights family of coaches, players, general managers, staff, leadership and supporters came together on June 12th to push up and push forward. We were also joined by New Heights alum and current NBA player, Moses Brown! 5TH ANNUAL GAMECHANGERS BALL This year, the Ball was in our court! Our annual GameChangers Ball took on a special significance this past October as it served as the grand opening of our new home to our family of supporters. We welcomed everyone for a first look of our new space, enjoying cocktails in our home and a full program in the newly renovated Betty Carter Auditorium for the Arts. We honored several key champions who helped make it possible – Bruce Mosler (Cushwake & Wakefield), Amber Sabathia (PitCCh In Foundation), Don Capoccia (BFC Partners) and Lance Thomas (NBA Veteran & Alumni Honoree). 2021 ANNUAL REPORT
FINANCIALS
In the midst of transformational growth this past year, New Heights has been fortunate to count upon the generosity of our supporters and the leadership of our Board of Directors (who once again demonstrated 100% giving) to keep our organization financially strong. Despite the challenges of COVID-19, New Heights raised over $3.5 million, making FY21 our most successful fundraising year to date. Our 5th annual GameChangers Ball in October 2021 continued the momentum and raised over $1.6 million—a record amount—which puts the organization in a strong financial position for the coming year as we scale our programs, expand our staff and begin running a world-class facility. We thank everyone for their incredible support, which provides the foundation for our organizational success.
Foundation and Corporate Contributions: $1,459,503 Fundraising Events: $897,487 Individual and Board Contributions: $769,501 In-Kind Contributions: $165,000 Government (PPP): $202,127 Program Revenue & Interest: $31,262 TOTAL: $3,524,881
2021 REVENUE ANALYSIS
Program (75%): $1,953,437 Administration (12%): $306,465 Fundraising (13%): $355,364 TOTAL: $2,615,266
2021 EXPENSE ANALYSIS
FOUR-YEAR FINANCIAL ANALYSIS FY21 Revenue: $3.5M Expense: $2.6M FY20 Revenue: $2.9M Expense: $1.9M
-The New Heights fiscal year begins 9/1 and ends 8/31. -This analysis represents unaudited FY21 numbers. -Functional revenue and expenses include the Brooklyn Bound campaign and donated services.
$3.5M
$3.5M
$3M $2.9M $2.8M
$2.9M
$2.5M
$2.6M
$2.3M
FY19 Revenue: $2.9M Expense: $2.8M
$2M
FY18 Revenue: $2.3M Expense: $2.3M
$1.5M
$2.3M
$1.9M
FY18
FY19
FY20
FY21
KEY SUPPORTERS FOUNDATION SUPPORT
Altman Foundation American Securities Foundation Arbor Brothers AYCO Charitable Foundation Bank of America Charitable Foundation Beyond Sport Brooklyn Communities Collaborative Carl Marks Foundation Centerbridge Foundation Charles Hayden Foundation Couch Family Foundation Davidson Williams Foundation Desperito Foundation Dianne & David Stern Foundation Douglas B. Gardner Foundation Doyle Family Foundation Edward and Dorothy Perkins Foundation Ganek Family Foundation Harry and Jeanette Weinberg Foundation Heckscher Foundation for Children Heisman Trophy Youth Development Fund Hyde and Watson Foundation Joe and Clara Tsai Foundation Kevin Durant Charity Foundation Laureus USA Laurie M. Tisch Illumination Fund Lucius N. Littauer Foundation Marc Haas Foundation Meg and Bennett Goodman Family Foundation NBA Foundation NBPA Foundation Neuberger Berman Foundation Nicholas B. Ottaway Foundation Pinkerton Foundation PitCCh In Foundation Prince Family Foundation Rona Jaffe Foundation Soviero Foundation State Street Foundation Stavros Niarchos Foundation (SNF) Women’s Sports Foundation
CORPORATE SUPPORT All New York Title Agency, Inc. Apollo Jets BFC Partners Bellrow Title Agency Bloomberg Philanthropies Boardwalk Pictures Boies Schiller Flexner Brookfield Properties BSE Global Cahill Gordon & Reindel Chatham Imports
City Safety Compliance Corporation Compass Rose Asset Management Crescent Capital CTA Architects Cushman & Wakefield Davis Polk & Wardwell D.E. Shaw Deutsche Finance Group DKC Fairstead Fiserv Fogarty Finger Architecture Frazier Life Sciences Glasswing Ventures Goldman Sachs GoodSpace Goodwin Procter Hirschen Singer & Epstein Hirshmark Capital Hornblower Group Insight Partners Jackson, Grant Investment Advisers Kensington Vanguard National Land Services Kipnes Crowley Group Kirkland & Ellis Kohl’s Langdon Title Latham & Watkins Lincoln Property Company M. Early Plumbing & Heating Corporation MC Real Estate Partners Milbank National Basketball Association NEP Group Nike NewYork-Presbyterian Brooklyn Methodist Hospital Otia Sports Patricof Co Proskauer Rose RBC Capital Markets Red Stone Equity Partners RXR Seaport Global Siris Capital Group Stewart Title Supreme Flooring Suzy TAG Associates TAVROS TerraCRG Tishman Speyer Vornado Realty Trust WallachBeth Capital Weil, Gotshal & Manges *Gifts $2,500+ listed
BOARD OF DIRECTORS Mark Patricof Chairman Founder, Patricof Co
Will Blodgett Founder/CEO, Tredway
Nina Lesavoy Managing Director, Avec Capital
Nicholas Silvers Founding Partner, TAVROS
Duane Fiedler Vice Chairman (FY22) Partner, Fiedler Deutsch
Laurence Brown Retired Educator
Cameron Lewis* Founding Partner and Portfolio Manager, Compass Rose Asset Management
Ted Smith (Ex-Officio) Executive Director, New Heights
Andrew Nathan Vice Chairman (FY21) Managing Principal, MC Real Estate Partners Jonathan Marotta Secretary Managing Director, Crescent Capital Ty Wallach, Treasurer Managing Director & CIO of Credit, Atlas Merchant Capital
Tara DeVeaux EVP/CMO, Wild Card, 3AM Troy Dixon Managing Partner/CIO, Hollis Park Partners
Richard Roberts Principal/Chief Business Development Officer, Red Stone Equity Partners
Joshua Greenberg Partner, Glenview Capital
Jeremy Schiffman Managing Partner, Palestra Capital
Rich Kleiman Partner, Thirty Five Ventures
Alan Schrager Portfolio Manager and Senior Partner, Oak Hill Advisors
Lance Thomas* NBA Veteran and Founder/CEO, Slangmagic Fishing Vicki Zubovic VP of Philanthropy, Khan Academy Andrew Colao General Counsel Partner, Weil, Gotshal & Manges
NEW HEIGHTS STAFF Rahme Anderson, Boys Basketball Director Omar Bahar, Associate Director of Development Adam Berkowitz, Associate Executive Director Rachel Edelman, Donor Relations Director Ashley Faison, LCSW, Chief Development Officer Khalid Green, Community Basketball Director Dan Halewicz, Finance & Operations Director
Josh Klinski, Institutional Giving Officer Jules Leitermann, Data and Evaluation Manager Shay Li, Education Manager Dwan McMillan, Faciity & Community Manager Dominique Nute, Girls Basketball Director Ted Smith, Executive Director Walter Welsh, Assistant Girls Basketball Director
EMERGING LEADERS COUNCIL Jesse Rothstein, Chair LinkedIn
Jason Fiedler Left Lane Capital
Henry Lowe* Fordham University
Andrew Pusar Goodwin Procter
Brandon Adams* Point Forward Marketing
Michael Gardner Newmark
Brody Mankus BSE Global
Petiri Reed* AB Bernstein
Alican Arcasoy Houlihan Lokey
J.C. Gibbons Neuberger Berman
Tommy McLaughlin Morgan Stanley
Anthony Reyes* Novis Renewables
Andrew Braver Cushman & Wakefield
Thomas W. Gross Citi
Patrick Miller JP Morgan PEG
Brian Sateja BNY Mellon
Khadija Campbell NBPA
Jordan Gruber Facebook Inc.
Jacq Schoninger* NBA
Amanda Cioffi Wachtell, Lipton, Rosen & Katz
Yehonatan Hahn FTI Consulting
Kyle Morgan Sperry, Mitchell & Company
Steven Colombo Goldman Sachs
Oliver Hildebrandt Apollo Management
Alfonso Costa Jr.* Falcone Residential
Bryan Hurley Cushman & Wakefield
Anneke Day Accenture
Leo Koné Newmark
Jose D’Oleo* Incyte Corporation
Jake Levey Boston Consulting Group
Matthew Norman Citi Private Bank Jayson Patel RBC Capital Markets Melvin Pina The Wharton School Kirby Porter Will Ventures
Michael Tringali UBS Cecil White William Morris Endeavor Mark Westfall Energy Impact Partners Omar Wilson Facebook Inc. *New *New Heights Heights Alum Alum
Photo Credit: Connie Zhou
New Heights Youth (212) 426-HOOP www.newheightsnyc.org @NewHeightsNYC Physical Address: 1561 Bedford Avenue, 2B Brooklyn, New York 11225 Mailing Address: 2472 Broadway, PMB 112 New York, New York 10025