2008 Annual Report
From where Emiliano Richards sat—behind bars at California’s isolated Pelican Bay State Prison—he searched for a way to make a difference with his new inheritance.
Emiliano Richards
Then on his radio with a handmade antenna he heard Wintley Phipps talk about his vision for the U.S. Dream Academy and keeping kids out of prison. Emiliano immediately knew what to do. With $10,000, he became the Dream Academy’s first major donor in 1999. “For someone to believe in us that much, before we had even opened our first Learning Center, was an amazing feeling,” says Executive Director Diane Wallace Booker. “But it made perfect sense when we realized how profoundly our mission had touched Emiliano, how much he wanted to keep even one child from following his path.” Over the years, Diane wondered what became of this young man. She found Emiliano through the Internet.
A GIFT TO REMEMBER
At the 2008 Power of a Dream Gala, Emiliano told the audience about being released from prison on September 9, 2001 and relying on his faith to guide him through the national upheaval of 9/11 and on to new callings as a pastor, a father, and a public speaker who helps young people stay focused on positive futures. “I am thankful for the U.S. Dream Academy and what they are doing,” he told the audience. Wintley Phipps was moved by Emiliano’s remarks, “To see how much his life has changed and be able to thank him publicly for his early support was uplifting for the whole Dream Academy family.
One person can change so many other lives.”
ii
|
U S DRE A M ACAD EMY
|
2008 ANNUAL REP ORT
In 2008, we found special ways to celebrate the U.S. Dream Academy’s first decade.
WE RECONNECTED with our first major donor, who began actively helping young people stay out of prison by making a gift while he was incarcerated.
WE WITNESSED one of our first students, now a high school senior, tell a crowd
In 2008, we joined the world in witnessing the election of the first African American President of the United States. This historic moment infused Learning Center communities with energy and excitement. Our staff found new ways to engage
of 500 her success story and her hopes of attend-
students in lessons about politics, history, and
ing an Ivy League university.
good citizenship.
WE HONORED our founding board
Of course, these civics lessons were also lessons
members and founding executive director along with long-time, committed staff members, who helped us lay the foundation for today’s achievements. Even as we looked back on our first 10 years, we saw that our world and our country face an uncertain future. Economic upheaval, failing institutions, and rising unemployment are taking their toll. Too many families find themselves without a safety net. Our Dream Academy Learning Centers have responded by trying to ensure food, clothing, and basic necessities for our DreamKids’ families. After all, we are not just a mentoring
about dreams. As a result, our DreamKids today understand more acutely that destiny is not chosen for them, that they choose their destinies each and every day. We at the Dream Academy feel optimistic as well. We look across this great country and, while we see valleys to cross and mountains to climb, we see greater human potential. Our work brings us to America’s most impoverished communities, but there is rekindled spirit and fresh hope in the faces of those we meet. We find a shared determination, an appreciation of opportunities that emerge from hard work.
and afterschool program; we are also neighbors
The generosity of you, our donors and support-
who care.
ers, helps us contribute to a new reality. You are
Moreover, our committed donors have allowed us to maintain our Dream Academy staff and strengthen our programs. For this support, all of us feel incredibly blessed.
the Dream Academy’s partners as much as we are your partners. Together, we can lift up the next generation. Most important, we can start with young people whose chances of success once seemed very slim. Your belief in the Dream Academy—and in them—fuels their hope.
DARE TO DREAM
DEAR FRIENDS,
Thank you for joining us in this life-changing work. Thank you for daring to dream.
Wintley Phipps Founder and CEO
William C. Nelsen, Ph.D. Chairman
US D R E A M ACA D E MY
|
20 0 8 ANNUAL RE P O RT
|
1
2008 at a Glance
THE U.S. DREAM ACADEMY IS ALL ABOUT BIG DREAMS. IF WE ASK CHILDREN AND YOUNG PEOPLE TO REACH HIGH, WE CAN DO NO LESS FOR THEM. For 10 years now, our work has translated our own dream of young people with better futures into an effective, research-based program. Already, thousands of young lives have a better chance for strong futures. Last year alone, our dedicated staff and volunteer mentors reached more than 1,000 at-risk youth.
Growing the Dream Two expansions in 2008 demonstrated the continuing roles of committed communities and effective partnerships in our success. • First, the Indianapolis “Dream Team” Steering Committee, led by the Governor’s Office of Faith-Based and Community Services and USA Funds, was instrumental in bringing the Dream Academy to our tenth city. The Indy Dream Team met monthly for a year to raise funds and plan for a Learning Center at the John Marshall Community School. Dr. Eugene White, Superintendent of Indianapolis Public Schools, handpicked this location, based on pressing student and community needs. • In Memphis, our multi-site mentoring work with children of incarcerated parents was consolidated into a single site program at Alcy Elementary School, located in a neighborhood facing many challenges. This offered us the opportunity to implement our full afterschool program model. We soon enrolled 60 new students and retained a number of mentors, as some switched their schedules to come to Alcy to work with their DreamKids.
2
|
U S DRE A M ACAD EMY
|
2008 ANNUAL REP ORT
Derrell first encountered the U.S. Dream Academy when he was a third grader at Baltimore’s Collington Square Elementary School. Years later, the Dream Academy still shapes his life and perspective. “When I first joined the Dream Academy, I didn’t really have leadership skills,” says Derrell.
That was before Derrell was
“The Dream Academy gave me
matched with his mentor, Nathan.
someone to talk to about situations I
Despite the rigors of being a medical
used to have…about my father being
student at Johns Hopkins University,
locked up ever since I was young,” he
Nathan carefully set aside time each
says. “Talking with Nathan and seeing
week to meet with Derrell, listen, and
how he was going to medical school
share advice.
made me think I could do that, too.”
Derrell continued with the Dream
Derrell’s dream? To go to medical
“I was kind of shy and always had
Academy through the eighth grade.
school and become a forensic
an attitude problem.”
Now an 11th grader at Dunbar High
pathologist.
School, Derrell stays in touch with the Dream Academy staff at Collington and also with Nathan.
A World of Difference
Ramping Up to Reach More
Visionary Philanthropy
As new opportunities present themselves, the Dream Academy continues to ramp up capabilities, enhance program models, and steward resources as carefully as ever.
Every donor at every level helps make this work possible so we can, in turn, support young dreamers. And our donors often dream big.
In 2008, we partnered with three national experts: • Foundations, Inc.’s Center for Afterschool Education, to strengthen our afterschool programming with supports that include a Quality Assurance System, professional development model, and Program Guide. • The Bridgespan Group, to enter Phase II of our planning to support strategic growth and sustainability over the next four years. • NPower, to develop and roll out a new database to track student demographics, mentor matches, and student outcomes.
After two years of working with us, The Atlantic Philanthropies affirmed its confidence in the Dream Academy with a two-year, $2-million grant to build the Dream Academy’s capacity, provide “core support for growth,” and build high quality, replicable programs that are rigorously evaluated. Among individual supporters, long-time benefactor Oprah Winfrey surprised us at the seventh Annual Power of a Dream Gala by making a three-year gift of $3.7 million. In 2008, $500,000 of this support was earmarked as a matching challenge to our donors. In the months since, all new donors have seen their gifts double in size through this support. These two lead gifts from 2008 were visionary, helping us build capacity for entry into new communities, gain visibility, and find new advocates and supporters.
“By giving them hope for their futures, we are helping our kids to dream big. Of all the boards and initiatives I am involved with, the Dream Academy makes, perhaps, the greatest difference of all.” —Pat Roe, Special Assistant to the President, USA Funds & Member, Indianapolis Dream Team Steering Committee
US D R E A M ACA D E MY
|
20 0 8 ANNUAL RE P O RT
|
3
Our Supporters & Volunteers US DREAM ACADEMY DONOR LIST $200,000 & Above
The Atlantic Philanthropies The Oprah Winfrey Foundation $100,000 - $199,999
Anonymous Steven & Sheila Hodgkin The Reed Hollow Foundation USA Funds $50,000 - $99,999
Amway Global Good Things Happen Foundation Nina Mason Pulliam Charitable Trust Pharmaceutical Research and Manufacturers of America $10,000 - $49,999
Adventist Health System, Benjamin Reaves The Annie E. Casey Foundation Coca Cola Bottling Company IBOAI Mr. George Johnson Mrs. Joan Johnson Kalorama Partners, LLC/ Mrs. Diane Ming Maldonado Charitable Foundation MarkerNET, Inc., Jody & Kathy Victor Mr. James Nance Oak Ridge National Laboratory One America The Robert R. and Kay M. Onstead Foundation Pacers Basketball Corporation Foundation Park N GO Wachovia Bank $5,000 - $9,999
Anonymous Angel Network BET on Jazz Buffini & Co. Anna Dowd FairPoint Communications Sara Fowler $1,000 - $4,999
Matthew & Jill Barlett Ms. Alma Blackmon Kevin Burris Lisa Caloss Charles & Martha Carroll Jesse Clark James & Merrill Dick Colby Dikinson Shelly Eldridge Excaliber Productions International Robert & Eunice Ferguson First United Methodist Church Susan Fisher Jean Francis Lynn and Foster Friess Family Fund of the Community Foundation of Jackson Hole Debra Fryson Gainer, Donnelly & Desroches, LLP Glenmede Trust Company, N.A./ Dr. John Templeton 4
|
Neal & Sandra Gomes Timothy Halbert William & Sandy Hawkins Carmen Johnson John & Ingrid Jones T. Julien Lawsrenceville’s Smile Center, Inc. Magnum Machine and Manufacturing Company Robert K. & Paulette E. Mansell Jonathan Mariner D.E. McKay Carol McMenemy Thomas Mesereau Claudia Nardone Dr. William & Margaret Nelsen Sharon Olson Dessa-Ann Petrochilos Proskauer Rose LLP Womack Rucker David Shevick Silgo Seventh Day Adventist Church Southeastern Conference of Seventh-Day Adventists Col. John Squire Travis Avenue Baptist Church Trinity Lutheran Church Wal-Mart (Utah) Wells Fargo Foundation Cherie Whiting Dr. David & Mrs. Opal Williams Wolfblock, LLP Michael & Marlene Young
$100 - $499
Mathew Abraham Ron & Gloria Achenbach Sharon Adams John & Myrna Ailand Eddie Akande Jeannine Allen Veronica Alleyne James & Virginia Amspacher Dorothy Amundson Katherine Andersen Gerald & Ruby Anderson Col. and Mrs. Mark D. Anway Heidi & Kendall Archer David F. & Mary E. Archer Shalot Armstrong Artin & Laura Arslanian George Aslinger Billy T. & Nancy F. Atkins Bret Bailine Benjamin Baker Sandra Baldwin Frances Banks Paul Barber Larry & Angela Barkley Mr. Matthew Bartlett Myrna Bas Dreugh & Brenda Batsop Blaise W. & Leslie Baxter Tresa Beard Hugh & Sherma Beckford Mr. Thomas Bell Pamela & Donald Bennett Doris Berry $500 - $999 Carol Betances Margaret Alford Beneyam Birratu W. Todd & Cynthia Baker David G. & Helen Blanchard Jerry Baugher Colin Brathwaite, Jr. & Glenda Potter Wilbert E. & Leslie Bledsoe Paul & Fronscier Blocker CARENT Enterprises, Inc. James & Barbara Boddie Community Foundation of Thomas J. & Linda Boedecker Greenville, Robert Morris Sandra Boodoo Dr. David Cooper Prabhavati & Manjula Borge Jimmy Foster Jack & Diana Bragg Clinton Herring William & Deborah Brannon Hudson Lyndsey, Dr. Cynthia Bernie & Diana Brennan Powell-Hicks Brilliance Institute, Inc. Lyle Kleppelid Phillip Britt Ms. Johnnie Knippers Barbara-Jean Bruce Natasha Lee Marvin & Elizabeth Burdette Brian & Lori Levi Robert & Barbara Carlson Mr. Leonard K. Matthews Mrs. Sandi Carroll Sheldene Millington Ruby Cartwright Mitchell Road Presbyterian Church Victor E. & Mary Casad Mount Paran Church of God James E. & Teresa Cash Kathleen Muck Barbara Chandler Bruce & Yvonne Olson Mr. Mike Childress Renal Professional Staffing Joe M. & Laura Christopher William & Susan Rigby Stephen & Linda Claffey Tim Rolston James & Judy Coleman William & Joan Schroeder Ms. Anne Comeau Ed & Sandra Simcox Julie & Michael Courtney Mr. Joseph Smith Jim & Charlene Cox Richard & Connie Summe Michael Cracraft La Selle Valentine Joann Crosby We Can Help Marlin Curameng Ms. Maryann Currie
U S DRE A M ACAD EMY
|
2008 ANNUAL REP O RT
Shirley S. Davis Barbara Davison Janice Debnam Paula M. Debo Betty Defibaugh Christopher & Jessica Dellen Patti Deraps Eger David Doggette Mr. Vernon & Ruth Dolde Lounelle Mayes Draper Hallie Duckworth Ronald W. & Vicka Durby Jere & Rochellle Dutt III Janet Easterly Rose Eide-Altman Thomas & Paula Elam Ms. Lisa Elias Stacey Ellerbe William & Joyce Ellington Melissa A. Embry Darlene Ennab Robert F. & Suzanne M. Estle Brian & Anna Maria Fernandez Lesa Floyd E. Kendall & Carol Fluharty Amy Foll L.S. & Janet Fowler Rod & Tana Fowler Hyacinth Francis Mr. Earl Freeman Dudley & Shernelle Fullerton Frances Gage Kevin & Susan Gill Ms. Dorris Gilliam Gail I. Gilliland Sue Ann Gilroy Vera Grant Sharon Grayson Everett Greene Fredrick Greene Robert & Linda Greene Patrick & Toni Greer Mr. and Mrs. Brian Guenterberg Nazario Gutierrez Pamela Haig James & Marilyn Hamilton Ruby Halimah Haqq Ms. Vivian Harding Peter & Laurie Harrison Mr. and Mrs. John Hartman Nan Haverty Ms. Flora Haynes Dorthea Herbert Paul & Janette Hilliard Hope Holmes Robert & Phyllis T. Holton Carrie Howard Sandra Howard Shirley Howerton Bernard Ijimakin Kei Imanishi Interactive Services International F.B. & Margaret Jennings Sandy Jerstad Bessie Johnson Angela R. Jones Mr. Fred Jones
Donald & Garnette Jones Garnette Jones Steve and Sharon Jones Huicha Jung Kelly Keller Danette Kelley Harriet Kirkpatrick Ms. Patricia Klett-King William & Angela Knight Patricia Knight Ken & Suzanne Knight Knightsbridge Asset Management, LLC Mr. Kris Kristoffersen L&G Equipment L.T.S., Copeland Inc. Debra Larkins John & Tamela Law Ms. Irma Lee James C. & Patty P. Lee Lenward McCalla, O.D. Inc. John & Gina Lifrieri, Jr Paul Lindholm Mabel Lindsay Mrs. Karen Little R. Karen Loney Natividad Loveless Dr. James & Jocelyn Lyons, Sr. M & M Interior Solutions Bruce Maier Allan Manuel Mrs. Betsy Martin Dr. C.R. Martin Michael & Jo Martin M. Alexander & Bridget Masotti Leonard & Nicole Matthews Gilbertho & Themene Mazile Matt & Peggy McCaslin Ralph E. & Kathy W McConnell Mr. and Mrs. Jones C. McConnell, Jr. John & Sandra McGrath Kurt & Gail McKinley Cynthia S. McMahan Edward & Ella McNeary Brenda McPherson Lamisha McRae George & Joyce Merino Matthew Miller Dr. Vanessa Miller Marilyn Mills Ming Enterprises Sandra Minor David & Pearlett Mitchell Karol Moss Beverly Mukes-Gaither Eddie Napps Elizabeth Nasby Maland Brett Nelson Loiza Nerantzis Susan Neu Newball Enterprises, Inc. Mr. Ronald Nickels Cynthia & Sam Nkana Calvin Nunn Shirley Nystrom O & P Restaurants, Inc. James Oakland Linda Olsen
Greg O’Neal Essie Orekoya Giles & Linda Ouellette Regina Palmer Gail Perry Ryder C.H. & B.L. Petri Carl & Annetta Phillip Brenda Phillips Eugene & Dorothy Powell Katrina Prieur Susan M. Radke Doraiswamy Rajagopal Regal Properties, Cheryl Smith Avis Revear W. Daniel & Sandra Rice Loretta Richardson Scott Roberts Leland & Lavonne Rogers Ms. Marjolene Rose Mr. and Mrs. Don Ross Harold B. Rucker Mr. and Mrs. Durward E. Rutledge St. Luke United Methodist Church Bob & Becky Salmi Shirley Ann Sanders Steele Judith Savir Paula Sawyer Douglas & Grace Schroeder Scott Rick S. & Betty J. Schwettmann Cheryl M. Scott Tracie Scott Mildred Seligson Vicki Settles Jim & Harriet Showalter, III Richard & Janet Silloway Mr. Serge & Nancy Simard Chris & Elaine Slaughter Gary & Michelle Smith Randall E. Smith Gail Snell Eric Sokolsky SPI SouthWest, LLC Marilyn Spurgeon Joesph & Erica Stewart Steve & Wanda Stone Roger Sulhoff Ms. Maxine Sutherland Lynda Swaney Brock Swanson Myra Swanson Ms. Tina Sweet Richard & Gloria Taylor
In-Kind
Alcy Elementary School, Memphis, TN Collington Square School, Baltimore, MD Dionne Warwick Institute, East Orange, NJ The Dual Immersion Academy, Salt Lake City, UT Edwin Markham Middle School, Los Angeles, CA Ferebee Hope Elementary School, Washington, DC Foster Elementary School, Houston, TX G.W. Childs Elementary School, Philadelphia, PA John Marshall Community School, Indianapolis, IN Malcolm X Elementary School, Washington, DC Memorial Middle School, Orlando, FL Comcast Cable Dutt Enterprises, Inc. FutureSoft, Tim & Pam Farrell NPower Salesforce Foundation
THE DREAMERS
Esmie Telford Ms. Betty Thacker D. Theado Marla Thomas Yolonda Thompson Lydia Tiku David Troy True Colors Union Bible Study Association Inc. John & Kathy Unverzagt Thelma Van Der Vyver Sonny Varghese Craig & Sharon Vaughn Donna Victor Stephen & Marcia Victor Adrienne Webb Gary & Brenda Weekley Robert Weller Danny & Emily Wells David & Joyce Wells James Westbury G. Vernon White Cathy Whitney Alice Wilson-Horton James L. & Kimberly Womack III Robert & Doris Wright Jason & Mary Yorh Robert & Beilei Young Phila L. Young Albert & Pauline Zeier
OUR VOLUNTEERS NATIONAL OFFICE VOLUNTEERS
“We are proud to support expansion of the U.S. Dream Academy’s highquality afterschool programs, which provide at-risk students with academic enrichment and mentoring during the critical out-ofschool time hours.” —Marcia A. Smith, Senior Vice President, The Atlantic Philanthropies
James Donatto II Sheila Dorsey Anthony Broughton Blake Drury Mika Chappell Dwayne Edmonds Helen Frye Jessica Edwards (since 2002) Ted Edwards Sidra Hashmi Kara Endsley Nick Hutchinson Jacquelin Esposito Delana McGeachy Hattie Fane Christal Pak Fuquana Ferguson Brittany Person Nicole Flynn Alejandra Rodriguez Rachel Foye 2008 MENTORS AND Benjamin Frandsen Jessica George VOLUNTEERS Yvonne Goins Neal Almond Shanice Gowans Karim Alston Juanita Grimes David Anderson Risa Hall Theresa Anderson Georganne Arrington Anna Harris Pauline Harris Teresa Beard Rosemary Harris Rachel Bennett Jeremiah Harrison Jerry Bond LaTanya Harry Carlene Bowen Frances Harwell Tamara Boxie Lindsay Helfman Robert Bradley S. Dyara Henderson Lededa Brooks Venus Hernandez Doris Brothers Lynsey Hervey Dorothea Brown Jada Hickman Jacquelyn Brown Tiffany Hodges Brent Bryant II Monique Holmes Vonric Buford Emily Homrock Thomas Bunnell Barry Huff Curtis Bynum Pauline Huff Carolyn Caver Jordan Cherrington Joshua Hughes Shawnika Hull Robyn Chin William Ciminera, Jr. Roger Hurdle Leonard Clairborne Danielle Isles William Iwuji Ryan ColemanAndrea Jackson Ferebee Noel Jarquin Tarique Connelly Samiya Johnson Leanora Cousins Decola Jones James Cullis Kyle Jones Jessica Cuttic Janelle Juchau Fannie Dodd Jessica Kelley Harish Dommeti Rishi Khubani Bobby LeDay Robert Lee Katrina Lee-Jones Mirela Mackovic Robert Maple Charlotte Matri Melissa McGraw
U S DREAM ACAD EMY INC.
|
Theo Milford Erica Miller Ralph Mills, Jr. Justin Milner Anthony Mitchell Kimberly Molyneux Amber Moyer Jacqueline Mutalib Ivelisse Negron Sandra Oatts Felicitas Obiefule Sara O’Boyle Sarah Ogden Eric Owens Jasmine Perkins John Perry III Nakeshia Peters Sabrina Pinnock Keith Poelman Courtney Powell Julienne Reno Nsilo Reynolds Margaret Richardson Deborah Roach Jessica Roman Corban Russell Nathan Sallard Naomi Samuels Jennifer Sanchez Zerline Shamblee Wesley Shaw, Jr. Darron Shivers Kanwel Siddiqui Charles Smith Martha Springs Amber Spry Aryn Spry Kezirah Starks Kristin Stewart Jordan Sved Sheron Taylor Mesha Thomas Christine Townsend Ashley Tyrrel Tearryl Villarreal Georgella Watson Brooke Webster Toni Whitlock Jarvis Williford Myranda Wilson Wilhelmina Wilson Barbara Woolf Patricia Wooten
2008 ANNUAL REPORT
|
5
CELEBRATE THE DREAM 6
|
L to R: Donna Bozarth, 2008 Mentor of The Year Isaac “Ike” Brown, Jr., and Wintley Phipps
L to R: Cynné Simpson, Emiliano Richards, Wintley Phipps, Chris Tucker, and Diane Wallace Booker
Keyshia Cole
Peabo Byrson
Jennifer Holliday
7th Annual Power of a Dream Gala | Ritz-Carlton, Washington, DC
L to R: Jody & Kathy Victor, Bob & Terry Andrews, Bill & Sandy Hawkins
L to R: Congressman Elijah Cummings, Senator Orrin Hatch, Congressman Zach Wamp, Dr. Benjamin Carson and Wintley Phipps
Balance Sheet
FINANCIAL INFORMATION
2008
2007
$2,648,730
$764,567
55,601
26,577
ASSETS Cash and Cash Equivalents Grants Receivable Pledges Receivable
2,982,573
22,500
Prepaid Expenses
23,716
8,636
Inventory
15,334
13,228
Property and Equipment, Net
8,027
12,752
Deposits
7,280
7,280
$5,741,261
$855,540
$65,148
$25,957
Payroll Related Liabilities
144,207
28,284
TOTAL LIABILITIES
209,355
71,632
1,091,552
518,498
4,440,354
265,410
5,531,906
783,908
$5,741,261
$855,540
TOTAL ASSETS
LIABILITIES Accounts Payable and Accrued Expenses Deferred Revenue
2008 Revenue
17,391
Contributions
NET ASSETS
65%
Unrestricted Temporarily Restricted TOTAL NET ASSETS
22%
13%
Special Events
TOTAL NET ASSETS AND LIABILITIES
Government Grants
(net of Direct Expenses)
<1% Publications, Investment Income, & Other
Statement of Activities
Unrestricted
$1,023,369
Contributions
384,111
Special Events (net of Direct Expenses) Publications and Other
Learning Centers
Investment Income
67%
TOTAL SUPPORT AND INCOME
NET ASSETS RELEASED FROM RESTRICTIONS
18% Fundraising
15% Management & General
1,023,369 4,743,478
1,779,084
5,127,589 1,779,084
9,904
9,904
26,222
26,222
$3,222,690
4,743,478
7,966,168
568,534
(568,534)
0
EXPENSES Learning Centers
2,153,459
2,153,459
Management and general
479,890
479,890
Fundraising
584,821
584,821
TOTAL EXPENSES
The U. S. Dream Academy significantly expanded its revenues during 2008. This was due to two generous supporters. Oprah Winfrey pledged an unrestricted gift of $3.7 million. The gift, which will be paid over three years, allows our organization to maintain its current level of programming during these difficult economic times. In addition, we received support from The Atlantic Philanthropies Foundation. Their grant of $2 million will allow us, over the next two years, to expand the capacity of our organization and the number of students we serve.
Total
S U P P O R T A N D I N CO M E Government Grants
2008 Expenses
Temporarily Restricted
$3,218,170
0
3,218,170
INCREASE (DECREASE) IN NET ASSETS
$573,054
4,174,944
4,747,998
NET ASSETS AT BEGINNING OF YEAR
$518,498
265,410
783,908
$1,091,552
4,440,354
5,531,906
NET ASSETS AT END OF YEAR
US D R E A M ACA D E MY
|
20 0 8 ANNUAL RE P O RT
|
7
Wintley Phipps Founder and CEO
C. Diane Wallace Booker, J.D. Executive Director
OFFICERS William C. Nelsen, Ph.D
BOARD OF DIRECTORS
Chairman
Chaplain Barry C. Black, Ph.D.
Tim Farrell
Donna C. Bozarth
Treasurer
Jody Victor Secretary
Delbert W. Baker, Ph.D.
Benjamin S. Carson, M.D. Gino Isaac George Johnson James E. Lyons, Sr., Ph.D. Diane Ming Lynn Parris Wintley Phipps Cynthia Powell-Hicks, Ph.D. Lâ&#x20AC;&#x2122;Tanya Simmons, Ed.D. Colonel John H. Squire (Ret) David R. Williams, Ph.D. ADVISORY BOARD Hon. Connie Mack Benjamin Reaves, D.Min. Carol H. Williams Willie Woods
DREAM ACADEMY LEARNING CENTERS Collington Square School, Baltimore, MD Dionne Warwick Institute, East Orange, NJ Foster Elementary School, Houston, TX John Marshall Community School, Indianapolis, IN Edwin Markham Middle School, Los Angeles, CA Alcy Elementary School, Memphis, TN Memorial Middle School, Orlando, FL G. W. Childs Elementary School, Philadelphia, PA Dual Immersion Academy, Salt Lake City, UT Ferebee-Hope Elementary School, Washington, DC Congress Heights Community Center, Washington, DC
8
|
“Even after 10 years, I continue to be awed by the beauty of this vision, and by our incredibly committed staff, board, volunteers, and donors, who bring this dream to life every day. And just imagine the next 10 years. Our first alumni will graduate college, begin careers, and pass the power of dreaming on to their own children.” —Diane Wallace Booker, Executive Director, U.S. Dream Academy
Highlights from the First Decade of Dreaming JUNE 1998
MAY 2001
JANUARY 2003
MAY 2005
First Power of a Dream Gala, co-chaired by U.S. Senators Orrin Hatch and Hillary Clinton, puts the Dream Academy at over $1 million in funds raised.
President George W. Bush highlights the Dream Academy in a speech and meets privately with a mentor and mentee to discuss the benefits of mentoring.
Oprah Winfrey, keynote speaker at the fourth annual Power of a Dream Gala, announces a surprise $1 million donation.
Wintley Phipps founds the U.S. Dream Academy. C. Diane Wallace Booker becomes its first volunteer, and later its first employee.
MARCH 1999 Oakwood University hosts the first Board of Directors meeting. U.S. Department of Labor demonstration grant provides start-up funds.
JUNE 2001 MARCH 2000 First Dream Academy Learning Center opens at Southeast Washington, DC’s Ferebee-Hope Community Services Center in partnership with the Child and Family Services Agency.
Wintley Phipps appears on the Oprah Winfrey show to receive the Use Your Life Award, together with a $100,000 gift to the Dream Academy.
2001-2002
10
President Bush invites a second DreamKid to the first White House National Conference on Faith-Based and Community Initiatives.
MAY 2004
The Dream Academy is honored with the Excellence in Mentoring Award for Program Leadership from MENTOR/National Mentoring Partnership.
JUNE 2000
President William J. Clinton visits DreamKids at Ferebee-Hope. Seven years later, in his book Giving, President Clinton encourages readers to volunteer as Dream Academy mentors.
2004
Four more Learning Centers open in Washington, DC, Philadelphia, PA, Baltimore, MD, and Houston, TX.
MAY 2002
2004-2005
Three new Learning Centers open in Atlanta, GA, Salt Lake City, UT, and Coleman, FL (later relocated to Orlando, FL). Memphis, TN mentoring program begins under a grant from the U.S. Department of Health and Human Services.
Steege/Thomson Communications
APRIL 2005
Dream Academy Learning Center opens in Newark, NJ (later relocated to East Orange).
2003 Evaluation of Houston Dream Academy Learning Center demonstrates academic gains and improved classroom behavior, and 100 percent of parents noted improvement in self esteem and enthusiasm in their children since joining the Dream Academy.
The Dream Academy makes Center Directors a full-time position to support higher-quality, more consistent program delivery.
The Dream Academy is selected as the institutional honoree for the National Alliance of Black School Educators Supreme Excellence Award.
OCTOBER 2005
Wintley Phipps speaks at first White House Conference on Helping America’s Youth, hosted by Howard University.
JUNE 2007
The 10th Learning Center opens in the Watts section of Los Angeles, CA.
FEBRUARY 2008
The 11th Learning Center opens in Indianapolis, IN.
MAY 2008
Two Dream Academy alumni attend the seventh annual Power of a Dream Gala to share their success and dreams for college. Oprah Winfrey makes a three-year gift of $3.7 million to support growth.
JUNE 2008
The Atlantic Philanthropies awards the Dream Academy a $2 million capacity-building grant.
1 0 4 0 0 L I T T L E PAT U X E N T PA R K WAY 800-US-DREAM
•
4 1 0 -7 7 2 -7 1 4 3
•
•
SUITE 300
•
COLUMBIA, MD 21044
FA X 4 1 0 -7 7 2 -7 1 4 6
•
U S D R E A M A C A D E M Y. O R G
“What I love about the program is we treat everyone the same. We give respect as we would want to be respected. And we have fun.” 30%
Cert no. SW-COC-003837
—A DreamKid from Los Angeles, CA
A DreamKid using SMART Board technology at the Houston Learning Center