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Celebrating 15 Years


On the cover: Clockwise from top: Interns William Li, Joseph Smith, Yong-Hang “Tommy” Wang, Morolake Thompson, Anthony Castillo, and Samantha Hinkson.

A Message from the Chairman of the Board & Executive Director

Mission

Our

Futures and Options empowers New York City’s underserved youth to explore careers and guides them to further their education and become productive citizens of the community.

Dear Friends and Supporters, This year is a milestone for Futures and Options: We’re marking our 15th year helping motivated young men and women acquire skills and education to succeed in and contribute to a 21st-century global economy! Since 1995, more than 1,800 students have completed our career development and internship programs. Of those, 95% graduated from high school and pursued a college education. This record of achievement is made possible by our business partners. By hiring our interns, they open doors for motivated youth to explore careers. Since 1995, Futures and Options students have shared their energy and enthusiasm with more than 300 small businesses, nonprofits and multinational corporations. Through that invaluable work experience, our students learn how to succeed in a professional environment. New York City’s teen unemployment rate is at 36%. Our public high school graduation rate hovers at 63%. The need to connect youth and business has never been stronger, and Futures and Options is proud to be part of the solution. Young men and women gain career readiness and access to the economic mainstream; businesses tap into an emerging workforce with our pre-screened, trained and highly supported interns. It is, as our business partners like to say, a win-win proposition. This year’s annual report recaps our 15-year history. It also salutes the people whose vision and energy sustained us through our founding years - through the trauma and devastation of 9/11 to our recent expansion. We consider ourselves blessed to count so many businesses as our partners. We deeply appreciate our loyal supporters and welcome those who joined us this year. Thank you for giving us reasons to celebrate, encouragement to grow, and the support needed for our young people to realize their dreams. We’re looking forward to the next 15 years and beyond. Eager, motivated young people are ready to join the Futures and Options program. Businesses are eager to tap into our pipeline of talented youth. With your support, we will keep expanding opportunities for both our city’s youth and its business community. Thank you for being our champions - and for inspiring our optimism of an even brighter future. With our warmest regards,

Stephen E. Hessler Chairman, Board of Directors

Patricia S. Machir Executive Director


Five years after the VIP Program was established, it blossomed into Futures and Options. The newly independent organization was intended as a model for similar programs nationwide. With a new board of 2

Left: 1997 Urban Leadership Fellows Program participant Linda Yip served as a senior research assistant for Standard & Poor’s; Right: Fall 2009 PreIntern DanMarly France.

1995 1996 1999 2001 2002 2004

Independence Day: Futures and Options launches as an independent nonprofit.

Futures and Options creates a summer Internship Program for teens from The Frederick Douglass Academy in Harlem with support from the Charles Hayden Foundation.

2006

From 2002 through 2007, The McGraw-Hill Companies provided an internship program for students from the Morris High School Campus in the Bronx through a partnership with Futures and Options and McGrawHill’s Community Partners Program. This program was led by Sheila Stamper, Futures and Options, Amita Nagaraja, The McGraw-Hill Companies, Linda Loffredo, Futures and Options, and Louise Raymond, The McGraw-Hill Companies.

The Municipal Forum of New York selects VIP to manage their innovative high school internship program, the Urban Leadership Fellows Program.

Futures and Options receives recognition as a model youth workforce development program from The Department of Labor.

2007

Now, in our 15th year, Futures and Options still connects New York City’s underserved youth to careers. We are inspired by the chance to change a teen’s life through workreadiness training, career exploration and paid internships. This investment in our city’s emerging workforce remains more vital than ever.

The Alliance for Downtown New York pilots the Varied Internship Partners (VIP) Program, which provides paid, mentored internships to high school students in the Downtown business community.

On September 11th, the Futures and Options offices at One World Trade Center are destroyed. Fortunately, no employees or youth are harmed.

2008

Soon, Linda Loffredo, from the Department of Education, was recruited as assistant director. Lester Zimmerman, formerly of Murry Bergtraum High School and Brice Hargerdon, a professor in the Department of Cooperative Education and Placement at the Borough of Manhattan Community College, came on board as advisors. September 1995 marked the Varied Internship Partners (VIP) Program’s official launch, and in October, more than 25 students from nine New York high schools attended its first orientation.

The September 11th terrorist attack on the World Trade Center destroyed the Futures and Options space on the 21st floor of Tower One. Miraculously, not one of our staff or students was harmed. Despite losing all records of students and internship contacts, as well as 40 of our 85 internship sites, Futures and Options managed to place 60 interns that year. Soon after that, the U.S. Department of Labor recognized Futures and Options as a model youth program.

2009

By June, Dr. Christen had lined up commitments from corporate partners and schools for funding, intern positions, students, and space. The program would focus on three major industries: Business, service, and property management. Its major goal: To benefit businesses by creating a pool of high-quality, entry-level workers, along with helping students gain skills to enter the economic mainstream.

directors and continued investment from the Alliance, Futures and Options was ready to expand its internship program. More businesses were recognizing that “Investment in human capital is as important for the business community as any other longterm investment,” as Dr. Christen put it.

2010

When the Alliance for Downtown New York was established in 1995, Dr. Christen was named its vice president of education and workforce development. With the support of the Alliance, as well as Manhattan High Schools superintendent Patricia Black, Dr. Christen’s brainstorm came to life.

The Charles Hayden Foundation Internship Program’s inaugural class with Futures and Options’ founder, Dr. Barbara L. Christen.

Major Milestones for Futures and Options

The Begining

As president of the DowntownLower Manhattan Association, Dr Barbara L. Christen proposed a public/ private sector collaboration: Dr. Christen imagined a program that would “bring together the… resources of Downtown to provide those connections between school and work through which young people can be brought into the economic mainstream.” In her vision, classes would correlate “with supervised paid work experiences …. [and] support the student as s/he learns and while s/he is held to the standards required by the marketplace, which are also the standards for higher education.”

With support from HSBC – North America, the George Westinghouse High School Internship Program is established.

Patty Machir joins Futures and Options as executive director. Futures and Options pilots the Pre-Internship Program in 2008. The Fall 2009 class receives their certificates at the closing ceremony. Futures and Options develops the College Guidance Initiative, which serves as a platform for guiding junior and senior high school students through the college search, application and financial aid process.

Futures and Options celebrates 15 years of SUCCESS! 3


Our Impact ●

Vital Statistics

Interns Yong-Hang “Tommy” Wang and Asia Mills-Burton.

Futures and Options recruits youth from schools lacking resources to provide educational and career guidance for young people at risk of falling through the cracks.

Two-thirds of Futures and Options’ participants come from low-income families, and 64% qualify for free or reduced lunch. Our student population is 57% female and 43% male. Ethnicities represented: African American (40%), Hispanic (23%), Asian/Pacific Islander (19%), multi-ethnic (10%), Caucasian (6%), and “other” (1%). 16% of our students are immigrants; 24% speak English as a second language. High school juniors and seniors, ages 16-19, participate in the Internship Program. The Pre-Internship Program is open to middle and high school students ages 13-19.

!"#$ &'$(()  *+a-.a/(0   Rates   100%  

1995 20 youth served

2010 254 youth served

16 internship sites

87 internship sites

9 high schools

44 high schools

100% high school graduation rate

100% high school graduation rate

“The program gave me

knowledge of the workplace and prepared me for the real world. It helped me take the step from high school to college and made the transition much easier. ” -Shantevia Kelly, intern at SHARE

94% college acceptance

100%

80% 63%  

60% 40%   20%   0%   Futures  and   234ons  Students  

NYC Public  School   Students  *

*NYC Department of Education 2009

4

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Our Internship Program

The Futures and Options Internship Program is offered throughout the year to juniors and seniors from New York City’s high schools. Interns acquire vital hands-on experience, gain entry to small businesses, nonprofits and multinational corporations, and earn needed money. Additionally, the interns attend monthly work-readiness workshops and meet for special career exploration field trips. Since 1995, Futures and Options has placed more than 1,600 young people in internships at over 300 businesses. Futures and Options internship programs for specific high schools and industry sectors include: The George Westinghouse High School Internship Program Support from HSBC – North America allows 20 students from George Westinghouse High School in Brooklyn to intern at New York City nonprofit organizations. Over the past four years, 63 young people have benefited from this program.

The Urban Leadership Fellows (ULF) Program is a partnership between Futures and Options and The Municipal Forum of New York, Inc. Since 1996, The Municipal Forum has provided funding for this extraordinary six-week summer program, designed to attract diverse and motivated young people to careers in municipal finance. The students attend New York City public schools with the Academy of Finance program as well as Inner-City Scholarship Fund schools. Since the program began in 1991 -- with three youth from three high schools – 377 young people have been ULF interns. The Futures and Options Summer Internship Program Futures and Options directs a six-week summer internship program for high school juniors and seniors, predominantly from The Frederick Douglass Academy. The students intern at nonprofits and private businesses. The Charles Hayden Foundation has funded this program since 2004, providing internships for 175 youth. Key Components of the Internship Program Five key components ensure that the Futures and Options Internship Program is rewarding for the intern as well as the partnering business. We focus on the student recruitment and application process; intern placement; career readiness workshops; monitoring; and collaboration with school staff and mentors/supervisors. 6

William Li, Summer Internship Program participant.

Taking Education Beyond the Classroom Lessons on the Job We learned … - Responsibility, leadership and respect. - How to organize and manage time. - Trust and dependability. - Working hard can take you places. - You can make connections. - You shouldn’t give up.

George Westinghouse High School intern Monet Davis with panelist, Tara Zablocki at the Youth, I.N.C. Young Professionals Committee career fair.

George Westinghouse High School Interns, Spring 2010

Closing ceremony for The Frederick Douglass Academy Summer Internship Program.

Urban Leadership Fellows Program summer interns Stephanie Ly, Jeffrey Cheung, Fiona Lam, Madeline Guzman and Bryana Louie participate in a public speaking workshop.

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Our Pre-Internship Program targets youth whose age or skill level does not yet qualify them for internship positions. This career readiness program provides basic preparation for the work world, and helps students practice and improve interpersonal, communication and office skills. The program also includes career exploration activities and field trips, including visits to PricewaterhouseCoopers, Colgate-Palmolive Company and the Millenium Hilton Hotel. History The Pre-Internship Program served 14 students in 2008, its pilot year. In 2009, the program multiplied to support 80 students, including 20 middle-school students in a pilot program at Greenwich Village Middle School. In 2010, the program added another middle school, Hugo Newman College Preparatory School PS/IS 180. Since it began, the program has served more than 200 youth. Students who have successfully completed the Pre-Internship Program are eligible to apply for an internship within the program itself the following semester. Two students are selected as paid interns each term; they assist in planning the program’s activities, giving them the chance to apply what they learned in the program. Along with their work 8

Top: After successfully completing the PreInternship Program, Morolake Thompson and Claymont Sancho later come on board and assist with the program and its participants. Bottom: Spring Pre-Internship Program attendee, Catherine Araujo participates in a mock interview with Banana Republic employee, Mauricio Castro.

Our College Guidance Initiative

Our Pre-Internship Program

Tatiana Nelson receives her certificate of participation for completing the fall Pre-Internship Program.

Shahib Choudhury

Through Futures and Options College Guidance Initiative workshops, our high school juniors and seniors get encouragement and knowledge to further their education. Program coordinator Tyran Williams helps our students apply to college – and succeed. Students acquire a thorough knowledge of post-secondary education options, as well as the steps involved in the research and selection process.

responsibilities, the interns also take part in our Internship Program’s career readiness workshops and enrichment activities.

“As a Futures and Options intern, I became better skilled

in time management and learned to take initiative,” said Morolake Thompson, an intern who assisted with the fall 2009 Pre-Internship Program. “As a student, balancing several extra-curricular activities at once, every minute became significant and leisure was precious. I would very much recommend the program to other students because of the basic on-the-job skills every student needs. As a student, fi nding employment is difficult because of lack of experience. Because of the experience with the Futures and Options internships, teens get the opportunity to prove they are mature and skilled enough to handle the challenge of employment.

The Pre-Internship Program is made possible thanks to generous support from the Gap Foundation and the Lily Auchincloss Foundation, Inc.

Shahib Choudhury In your senior year of high school, says Shahib Choudhury, “It’s easy to lose focus. Grades drop and to some it’s more about enjoying your last year. But I knew I did not want to go down that path. So I did my own thing.” Shahib’s “thing” was Futures and Options. After getting accepted into the Internship Program at the beginning of his senior year, Shahib started work at the Alliance for Downtown New York. He interned there for nearly 10 months before moving on to an internship with the Colgate-Palmolive Company, another Futures and Options partner. Shahib also got support with his college search and applications. He worked closely with Tyran Williams to complete his financial aid forms and apply for scholarships. “The beginning of my senior year was overwhelming, and I was doing everything on my own,” he remembers. Tyran helped Shahib understand the details of financial aid packages and ultimately ensure that Shahib received the support he needed. Today, Shahib is a freshman at John Jay College of

Shantevia Kelly

Criminal Justice – The City University of New York City. Through his Futures and Options internships, Shahib realized that he wanted to pursue a career in business; with that in mind, he’s hoping to transfer to Baruch College, which boasts one of New York’s strongest businesseducation programs. “I would like to major in business or marketing,” he says. “I realized this was the right career path for me because of my internship experiences through Futures and Options.” Shantevia Kelly At the start of her senior year at The High School of Fashion Industries, Shantevia Kelly’s computer teacher suggested that she apply to Futures and Options to learn about the professional world. Shantevia was accepted to Futures and Options as an intern at SHARE, an organization that sustains a supportive community of women affected by breast or ovarian cancer. When Shantevia began to plan for college she turned to Futures and Options College Guidance Initiative. Oneon-one attention helped her focus on where to apply, and offered support as she completed applications and applied for financial aid and scholarships. Once Shantevia was accepted to several colleges, Futures and Options helped her review award letters and select the best college. She remembers that Futures and Options, “… showed me how to organize my work and helped me to nail down a plan of attack. They helped me to really think about what I wanted,” she says. She was accepted to North Carolina A&T State University - her top choice – where she’s majoring in marketing and public relations. 9


Career Exploration

To encourage our youth to learn about the widest range of career possibilities, Futures and Options is continually expanding our network of business partners. A key part of our mission is to share the possibilities of a wide range of industries with teens. With that in mind, career exploration plays an essential part in our program. Thanks to business partners who open doors to Futures and Options, we make it possible for teens to interact with professionals in the work world and immerse themselves in creative career exploration events at different New York City businesses. Pfizer Inc.

Pfizer Inc. gave a warm welcome to Futures and Options summer interns from The Frederick Douglass Academy in Harlem. Thanks to the efforts of our board member Ozias Moore, Pfizer’s Team Leader, US Vendor Operations, and Savitri Basavaiah, the company’s Director, Primary Care Strategy & Innovation, the interns enjoyed a morning of career exploration activities with more than 20 Pfizer volunteers. The interns gathered in Pfizer’s state-of-the-art conference center for a presentation on the pharmaceutical industry and Pfizer’s history. Following this excellent introduction, a panel of volunteers from various departments – legal, medical affairs, finance, customer engagement and sales, strategy, promotion and vendor operations – shared stories about their career paths as well as their jobs at Pfizer. The volunteers also turned out to be terrific advisors. Our interns got valuable input about college majors, the importance of attitude and outlook, and many more success-track tips. Even more exciting, the rest of the morning was dedicated to mock interviews, resume critiques and a breakout workshop on networking skills. Along with an appreciation for Pfizer, interns left Career Exploration Day more prepared for their next real interview – and even more appreciative of the value of networking. New York Stock Exchange Field Trip A trip to the New York Stock Exchange is always a thrill. But when your guides are Mirtha Medina, Media Relations Associate, Corporate Communications, Alyssa Schoenfeld, Vice President/Business Project Management Office, and David Ma, Business Analyst, Corporate Strategy and Development, you’re in for a special look at this legendary institution. In August, Futures and Options enjoyed that experience as part of a career exploration field trip. Schoenfeld and Ma explained the range of positions at NYSE and Medina gave the interns a detailed tour. Interns were excited to meet analysts, researchers and brokers, who explained their roles and responsibilities.

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Futures and Options Summer Internship Program students visit the New York Stock Exchange for a career exploration field trip. From back row: Ramrod Britt, Kamoy Joseph, Adam Turay, Marquis Jernigan, and Randy Garcia. Front Row: Thay Brown, Trent Sanders, Jah-Vin Vaughan, Weeks Mensah, Domonique Powell, and Stephen Daise.

Arthur Ziehi Baton, Jr. visits Morgan Stanley and learns more about their compliance department.

“ I learned more about Pfizer as a pharmaceutical

company; the drugs they manufacture and distribute and how long it takes to see an idea turn into a product. Additionally the resume critiquing and mock interviews were very informative. I learned how to speak about myself properly and sell myself on paper. ”

-Jaimi Ross, Summer Intern, The Frederick Douglass Academy

Interns Visit Morgan Stanley Morgan Stanley’s global head of compliance gave 14 Futures and Options interns a privileged look at this financial-services leader’s business. Stuart Breslow captivated his audience with a detailed overview of his department. With communications as the theme of the day, Morgan Stanley volunteers emphasized the importance of clear communication with co-workers and employers in the professional world. Every intern was matched with a Morgan Stanley volunteer; the interns had seven minutes to complete an “interview” before switching to a new volunteer. This fast-paced, one-on-one experience gave our interns a valuable chance to practice communication and interpersonal skills.

Pfizer employee Nadja Johnson and The Frederick Douglass Academy Summer Intern Shayla Russell


Northeastern University Borough of Manhattan Community College New York City College of Technology The City College of New York Baruch College The Pennsylvania State University Borough of Manhattan Community College University at Albany Spelman College Baruch College The City College of New York Pace University University of Pittsburgh The College at Brockport The University of North Carolina at Chapel Hill Diakanke Bah New York City College of Technology Stephanie Baptiste Broome Community College Arthur Baton Jr. New York City College of Technology Ayana Beckford Alfred State College Nikolay Bogomolov Stony Brook University Robert Brizzell New York City College of Technology Kevin Brown University of Rochester Thay Brown III DePauw University M’Baye Campbell-Konteye Globe Institute of Technology Joeshana Carter North Carolina Central University Fatima Castellanos Hunter College Estefani Cespedes Franklin & Marshall College Kenton Chik Cornell University Eva Chiu Brooklyn College Shahib Choudhury John Jay College of Criminal Justice Kareem Clarke SUNY Canton Carlos Colon Queensborough Community College LaTi’k Cook New York City College of Technology Stephen Daise The Cooper Union Raven David Queensborough Community College Monet Davis Hofstra University Joseph DeJesus SUNY at Potsdam Eridiana Diaz The City College of New York Jazmin Diaz The Ohio State University Christella Dolmo St. John’s University Earl Donaldson III Babson College Edwige Dossou-Kitti The City College of New York Bria Drake The College of New Rochelle Saibou Drame Clarkson University Korey Dye Anna Maria College Terrence Edmund The Art Institute of New York City Ozemary Feliz Westchester Community College Shakerah Fisher LaGuardia Community College Clara Fontaine Kingsborough Community College Delroy Ford Alfred State College Marilyn Frazier Temple University Jennifer Frias Connecticut College Donovan Fuentes The City College of New York Mylasha Furlonge Smith College Zayra Garzon The Pennsylvania State University Wellington Gonzalez Marymount Manhattan College Edwin Guity Kingsborough Community College Lenora Hector Norfolk State University Dalifet Hernandez Ithaca College Kyana Herrera Kingsborough Community College Brian Hinds Howard University Kevon Hines Utica College Samantha Hinkson Brooklyn College Sydney Huggins New York City College of Technology Aminul Islam Stony Brook University Aaron Jackson Borough of Manhattan Community College Evelyn Javier Syracuse University Marquis Jernigan Dowling College

Kamoy Joseph Shantevia Kelly Shanae Kemp Adanne Khalfani Aroub Khan Marzan Khan Zuhair Khan Poh Chuan Kuan Ka yan Kwan Natalia Lens Harris Leung William Li Martha Lino Derek Loury Merio Maye Oladipupo Mayungbo Ashanti McIntosh Ariel McKayle Weeks Mensah Michael Mercado Andrea Meredith Asia Mills-Burton Ellina Nektalova Mykaya Nixon Regina Nuzbrokh Steven Oladunjoye Jefferson Oliva Shakeela Pegues Anexus Pereira Estela Perez Haydee Pichardo Domonique Powell Tyniqua Pugh Ashley Pusey Christopher Rivera Camille Roache Zabier Rodriguez Jaimi Ross Shayla Russell Alicia Salmon Carly Sanchez Trent Sanders Kayla Shaw Aleksandra Sher Joseph Smith Kevin Smith Alexandra St. Cloud Jeffrey Tan Joel Tavarez Jelissa Thomas Morolake Thompson Rashad Tillman Mariya Timkovsky Emmalis Torres Orlando Tulloch Adam Turay Marlande Valentin Jah-Vin Vaughan Dashawn Walker Yong Hang Wang Matthew Wellington Amanda Williams Andy Wong Tiara Woods Anna Wu Kelvin Yim Hao Xian Zhang Crystal Zhang

SUNY at New Paltz North Carolina Agricultural and Technical State University Long Island University Shaw University Pace University Babson College Union College Syracuse University New York City College of Technology University of Connecticut Syracuse University Boston University Vassar College Boricua College Vassar College University at Albany LaGuardia Community College Fairleigh Dickinson University The City College of New York College of Coastal Georgia Monroe College SUNY at Potsdam Smith College Carnegie Mellon University Hunter College University at Albany Jacksonville University Mercy College Fashion Institute of Design & Merchandising SUNY Institute of Technology Borough of Manhattan Community College Clarkson University Long Island University Kingsborough Community College SUNY Maritime College Adelphi University John Jay College of Criminal Justice University of Pittsburgh Johnson C. Smith University Alvernia University John Jay College of Criminal Justice University at Albany Queensborough Community College Macaulay Honors College Long Island University Alfred State College Bronx Community College New York City College of Technology Fordham University Lawrence University Hamilton College Delaware State University Brandeis University Syracuse University The College at Brockport Vanderbilt University Binghamton University The City College of New York Bowdoin College Dickinson College New York City College of Technology Borough of Manhattan Community College Stony Brook University Herkimer County Community College College of Staten Island University at Buffalo Stony Brook University Baruch College

Our Alumni

College Bound 2010 Seniors 12

Gilenny Abreu Lissette Acevedo Charles Adegite Sakib Alam Reihna Alfonso Marisol Alonso Nashwan Alseelwe Temilola Amusa Dawnn Anderson Anna Aramboles Helen Arones Kumesh Aroomoogan Folagbayi Arowolo Salvador Avalos N’Yaisha Aziz

Marie Surpris was born

in Port-au-Prince, Haiti and immigrated to New York when she was six years old; she still lives in Brooklyn. A confident student who sought her own opportunities, Marie consulted a guidance counselor about extracurricular programs for students like her. She discovered the Varied Internship Partners (VIP) Program – the forerunner to Futures and Options – which placed high school students in paid internships where they could learn about the professional world. That chance drew Marie to the program, but it’s the profound impact of VIP that stays with her today. As an intern, Marie recalls, she gained confidence, learned how to act around professionals, gained an appreciation for working with different personalities, and got accustomed to multitasking. Marie graduated from Washington Irving High School in 2000 and received her Bachelor of Business Administration from Baruch College in 2007, with a major in Human Resources Management. Today, Marie has translated her VIP experience into workplace success. As the accounts payable service officer in the finance department at the Macquarie Group, a global financial services firm, Marie is thriving in her career. In this fast-paced environment, Marie manages multiple responsibilities and meets constant deadlines. “Multitasking is critical,” she says. “Prioritizing what needs to get done is the only way I could survive in my current job. The first question I always ask when something is requested of me is ‘When does this need to be done?” This June, Marie Surpris attended Cocktails in the Sky, the annual event hosted by Futures and Options to recognize our supporters, business partners, alumni and friends. While mingling and networking, she met a current Futures and Options’ intern; they spoke about her experiences in the VIP program. The conversation led Marie to reflect on

her own path – and the one facing this young man. “It is so crucial this day and age to understand that it is not just about going to high school and then college. It is about networking and maintaining relationships,” she says. Very early on, Marie says, the VIP Program taught her the value of having a mentor, and how building relationships with other professionals is critical to success in the working world. Marie still speaks regularly with her mentor from her first VIP job at the New York State Nurses Association. Her mentor attended Marie’s wedding and Marie frequently sees colleagues from the New York State Nurses Association. She worked there for five years, and her fellow workers had a significant impact on her. Marie sets a tremendous example for the young men and women in our programs. “I benefited from the opportunity I had as an intern and no matter what, I want to give back. I want to contribute,” she says. Marie joined the Alumni and Young Professionals Committee, which is comprised of board members, alumni and young professionals who are tasked with building a meaningful Futures and Options legacy program for our alumni of various ages. Marie says she is committed to encouraging other alumni to get involved with Futures and Options, either by serving as mentors or making connections to their businesses for internship opportunities and career exploration events. For her part, Marie shares an infectious optimism, determination and generosity - and serves as a model for others. She believes that by working together, Futures and Options’ alumni can support each other as well as create ways for alumni to connect with the teens in today’s programs. Marie has already introduced Macquarie to Futures and Options, and has plans to initiate a mentoring program. “I believe that God wants to use this generation more than ever before to impact communities and the world,” she says. “But we have to make ourselves available.” 13


Volunteers brighten futures! They bring their hearts and share knowledge and expertise with our young men and women, helping the youth to learn about themselves, develop new skills and explore possibilities for the future. We proudly honor our volunteers – both the people who mentor our interns and the businesses that welcome our students. We are especially grateful to Banana Republic, Capital One, Coalition for Debtor Education, Gap Inc., Young Professionals in Public Finance, Youth, I.N.C. Young Professionals Committee and Futures and Options alumni, whose volunteers truly make a difference for our youth. These women and men are wonderful mentors, engaging workshop facilitators, captivating mock interviewers, creative planners and energetic event team players! Capital One Capital One provided our students with a first-hand introduction to banking at a workshop this spring. Seventeen volunteers spoke about their careers with the company, from teller to relationship banker to branch manager. To bring the business world to life, the volunteers also teamed up with students to tackle starting a business. Each group designed their own community center and developed a business plan, which was presented to the Futures and Options judges. Gap Inc. Gap Inc. supports Futures and Options in a myriad of ways, from volunteering and gift-card donations to the Gap Inc. Leadership Initiative and support of our PreInternship Program. Banana Republic volunteers were the stars of our Pre-Internship Program’s final sessions, and dedicated more than 25 hours of their time to the youth in our Internship and Pre-Internship programs by participating in mock interviews, providing valuable feedback and sharing their career stories. Their group interviews were eagerly anticipated by the students, who 14

Pre-Interns Nessya Vukelj, Nelin Garcia and Jonathan Tan work closely with Banana Republic volunteers Jose Suarez and Caroline Peck.

came dressed for the corporate world and left feeling prepped and ready to go! Thomson Reuters Microsoft Excel Training Seminar Knowing Microsoft Excel is an advantage in the working world. With that in mind, summer interns from The Frederick Douglass Academy got specialized training in Excel from volunteer James Perkins, senior specialist, global accounts at Thomson Reuters. James covered the basics, as well as how to create charts and graphs and use Excel formulas. The Youth, I.N.C. Young Professionals Committee Thanks to Youth, I.N.C.’s Young Professionals Committee’s mentoring programs with Futures and Options, our interns from George Westinghouse High School and The Frederick Douglass Academy benefited from one-to-one time with young professionals and received guidance about college and future careers. The Youth, I.N.C. YPC selected Futures and Options as its first venture into a group volunteer project; after success with 26 interns in the summer of 2009, the YPC bolstered its efforts in spring 2010 for our 20 George Westinghouse High School interns and with the 30 interns in our summer 2010 program. More than 40 volunteers mentored 56 young men and women. Young Professionals in Public Finance Summer Mentoring Program The Young Professionals in Public Finance Mentoring Program was once again part of the Urban Leadership Fellows Summer Internship Program in 2010. Thanks to terrific recruiting, 34 mentors participated in the program.

Our Partner Sites

Our Volunteers

Mentors and mentees gather for one last group photo at the Youth, I.N.C. Young Professionals Committee Spring Mentoring Program closing event.

In 2010 we were pleased to partner with 87 private and nonprofit businesses that hired Futures and Options interns. The 125th Street BID Alliance for Downtown New York, Inc. Alvarez & Marsal Associated Content, Inc. Barclays Capital Inc. Battery Dance Company Bike and Roll LLC The Blackstone Group The Bond Buyer Cantarella Consulting CB Richard Ellis Center for Architecture Foundation Center for Children & Technology Center for Employment Opportunities Century 21 Department Store Chelsea Computer Inc. Children for Children Citi Colgate-Palmolive Company The Committee for Hispanic Children and Families, Inc. The Community Development Trust The Depository Trust & Clearing Corporation Deutsche Bank AG Donlin, Recano & Company, Inc. Empire State Development Corporation F.J. Sciame Construction Co., Inc. FBR Capital Markets Fresh Concentrate Futures and Options

The Saatchi & Saatchi new business team: (Back Row from left) Benjamin Bittman, Eric Damassa, Nikolay Bogomolov (Futures and Options intern), and Joao Martins. (Front Row from left to right) Jill Bennett, Lynne Collins and Pat Murphy.

G2 Direct & Digital Gruzen Samton LLP Hawkins Delafield & Wood LLP HELP USA, Inc. iMentor The Inner Resilience Program International Rescue Committee Jefferies & Company, Inc. Junior Achievement of New York, Inc. Katz Creative Inc. Lamont-Doherty Earth Observatory Learning Leaders, Inc. Let’s Get Ready Literacy, Inc. Loews Corporation M. R. Beal & Company Making Books Sing, Inc. Mansueto Ventures METRO US MHG Architects P.C. Millenium Hilton MLT Museum of American Finance Museum of Jewish Heritage National Medical Fellowships National Museum of the American Indian New Amsterdam Library New Jersey Office of the Attorney General New Water Street Corporation The New York City Office of the Comptroller New York Law Institute New York Office of the Attorney General New York State Housing Finance Agency New York State Nurses Association NYC Office of Management and Budget ORION Trading Prager, Sealy & Co., LLC Public Resources Advisory Group Publishing Experts, Inc. Quilvest USA, Inc Roosevelt & Cross, Inc. Roundabout Theatre Company S. Lichtenberg & Co., Inc. Saatchi & Saatchi Samuel A. Ramirez & Company, Inc. SHARE SIFMA The Single Parent Resource Center South Street Seaport Museum Squire, Sanders & Dempsey L.L.P. Standard & Poor’s Financial Services LLC Stone & Youngberg LLC Support Center For Nonprofit Management Tablet Inc. Teach For America, Inc. Tribeca Performing Arts Center Vera Institute of Justice Women’s Sports Foundation 15


Our Events

Internship Program alumni, Enmanuel Rivas and Mina Abusafe enjoy the event with current interns, LaTi’k Cook and Luis Salazar.

Celebration The Waldorf=Astoria provided a spectacular backdrop for a November celebration of the progress of New York City youth-serving programs. Futures and Options was joined by Youth, I.N.C. and 17 other nonprofits; together, we raised more than $1.9 million for NYC youth programs. We’d like to thank our co-chairs, supporters and Youth, I.N.C. for enabling us to raise 125% of our Celebration fundraising goal. We not only surpassed our fundraising goal but we also received a challenge grant from Youth, I.N.C.!

A Toast to Brighter Futures

Colgate-Palmolive Company employees, Alexandra Contreras and Zarius Durant with Futures and Options Executive Director, Patty Machir, Martha Battles from Joele Frank, Wilkinson Brimmer Katcher and Eugene Kelly from ColgatePalmolive Company.

Futures and Options Founder, Barbara Christen and Angel Contrera, Internship Program alum who was honored at the Celebration event. Alumni Jose Garzon (center) with his colleagues Ryan Samaroo (left), and Jimmy Vora (right), from ERE LLP, an accounting and consulting firm, at A Toast to Brighter Futures.

Futures and Options Chairman of the Board, Stephen Hessler, Robert Cotton, Zolfo Cooper LLC, and board member, Anne Benedict with husband Ryan. Nicki Weston, Tricia Cullinan, Abby Frost and Leah Shalev enjoy A Toast to Brighter Futures with host committee member Adria Hou.

Here’s to success! Futures and Options alumni and young professionals gathered at NYC’s hip Sutra Lounge in April for A Toast to Brighter Futures, a new signature fundraiser and networking event. The event proved a smash; our Host Committee was excited to reconnect with alumni now making their mark in the professional world. A Toast to Brighter Futures also gave us an excellent opportunity to forge new relationships with young professionals - and build even more exciting partnerships in the New York City community.

Cocktails in the Sky The sky’s the limit for Futures and Options! In June, we hosted our third annual Cocktails in the Sky fundraiser in a beautiful setting at the offices of publisher Mansueto Ventures in Lower Manhattan. More than 170 people attended and everyone marveled at the 360-degree views of 7 World Trade.

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After a welcome from Futures and Options board chair Stephen Hessler, guests heard from Eugene Kelly, Worldwide Director, Global Diversity & Inclusion at the Colgate-Palmolive Company, who spoke eloquently about Colgate-Palmolive’s investment in high school internships – and its successful experience as a Futures and Options’ business partner.

Alumni volunteers, Samuel Basquin, Marie Surpris and Gabriel Clarke.

Chairman of the Board, Stephen Hessler, with Tonnelle Windley and her son, intern LaTi’k Cook.

Interns Shantevia Kelly, Ozemary Feliz and Joel Tavarez. Intern Zabier Rodriquez, Executive Director, Patty Machir and intern Steven Oladunjoye.


Our Supporters

The Barbara L. Christen Founder’s Circle was established to honor our founder, Dr. Barbara L. Christen, and to recognize those who support our mission. We are sincerely grateful to our contributors who have provided support during our 2010 fiscal year (July 1, 2009 to June 30, 2010). Corporate and Foundation Support $100,000+ Alliance for Downtown New York, Inc. $25,000+ Charles Hayden Foundation The Clark Foundation Gap Foundation Helena Rubinstein Foundation HSBC-North America The Municipal Forum of New York, Inc. The New York Community Trust Youth, I.N.C. $10,000+ Capital One Hampton & Co. Lily Auchincloss Foundation $5,000+ Center for Children & Technology Downtown-Lower Manhattan Association, Inc. G2 Direct & Digital Goldman, Sachs & Co. James T. Lee Foundation Kirkland & Ellis Foundation The McGraw-Hill Companies NYMEX Foundation 18

Tablet Inc. $2,500+ CB Richard Ellis Colgate-Palmolive Company Deutsche Bank Donlin, Recano & Company, Inc. Fund For The City of New York Kurtzman Carson Consultants LLC Margaret M. Hill Foundation Michael Tuch Foundation RR Donnelley SHARE, Inc. $1,000+ Acquis Consulting Group AlixPartners Bressler, Amery & Ross Brown Printing Company Grey Global Group Inc. JPMorgan Chase Foundation Latham & Watkins, LLP Edward W. Machir/ PricewaterhouseCoopers Merrill Lynch & Co. Foundation, Inc. Pfizer Foundation TD Bank Charitable Foundation Zolfo Cooper LLC $500+ Cantarella Consulting Center for Employment Opportunities Children for Children Foundation Fresh Concentrate LLC The Inner Resilience Program Learning Leaders, Inc. The Moody’s Foundation Matching Gifts Program New York Law Institute, Inc. Quad/Graphics, Inc. Quilvest USA, Inc. Teach For America, Inc. ZE Realty, Scott Edlitz $100+ Alliance Bernstein

Ambrose International American Express Charitable Fund Clare Bruder, Northwestern Mutual Financial Network CA, Inc. Matching Gifts Program CetraRuddy Joele Frank, Wilkinson Brimmer Katcher James Phillips, TPG Architecture Skody Scot & Company, CPAs Individual Contributors Advocates ($10,000-$24,999) Elizabeth Jordan Christian Sullivan Mentors ($1,000-$9,999) Anya, Sima, & Sameer Ahuja Martha & Rob Battles Jessica Bell Anne & Ryan Benedict Bill Bernstein Ingrid Busson Dr. Barbara L. Christen John V. Connorton, Jr. Colin Devine Ephraim Fields Jamaal Glenn Robert Gromadzki Stephen & Stephanie Hessler Ketan & Bethany Kapadia Richard Kennedy Kristine Kern James Liu Patty Machir Patrick Machir Edward W. Machir Michael Michetti Garrett & Mary Moran James Pavisha Edwin C. Sagurton Dan Senor Wanda Shefts Larry A. Silverstein Arthur & Nancy Sobel Steven M. Sperber Heidi Urbina

Kenneth L. Wallach Vanessa Wilson Mark & Karin Wojciechowski Thomas Wong Coaches ($500-$999) William & Mari Albanese Carol & Steven Bassin Cathy S. Callender Mary Corrigan Audrey Dotson Tom Ellis Michael J. Frishberg Miguel Galarza Meg & David Lazarus Janet Mannheimer Dean Markadakis Ozias A. Moore Cherrie L. Nanninga Edward Neiger Ray Newton Jean Reeves Peter & Meredith Rugg Ellen & George Schieren Ian Shrank James & Regine Stone Believers ($100-$499) Anonymous (4) Leigh Abramson Rene Alkoff Justin Anderson Jack E. Ansell, M.D. Beverly A. Behan Roseann & Edward Braun Matt Bruderle Marianne & Stephen Busby Timothy Capuano Anese Cavanaugh Melvin Cook Tricia Cullinan Daniel Dayton Laura Dillon Mark DiMilia Ray DiPerna Dennis Ditraglia Benjamin Dixon Robert & Linda Douglass Steve Drew William Ernest Anne C. Flannery Ira Friedman Andrea & Marty Glenn

Anne D. Goldsmith Melissa & James Grigg Scott Hall Jean Haynes Mr. & Mrs. Robert J. Hessler Jason Hong Benjamin Istvan Lowell Jacobson Omar Jama Isabelle Jette Niels W. Johnsen Mitesh Kapadia Carol Kaplan Lise Kelson Marisa Koten Gale Kroeger Evan Kulman Sara Lari Cindy LaScala Fred Leopold Lana Lewin-Ross Debra Sue Lorenzen Kwany Lui Rachel Lurie Matthew Mackay Jay Mai Donald N. Malawsky Paul Marian Petr Marousek Kimberly Mulcahy Mark G. Muller Christina Murphy Patricia Napper George Ozenne Jeevan Padiyar Milan Patel Stephanie Perry Winther Patricia A. Robertson Yves Roy Nancy Ruddy & John Cetra Edward Sassower Frank & Carol Saveria Jennifer P. Seass Noah Shannon Scott Sibley Walter & Margaret F. Siebecker Martin Skelly Richard H. Steinberg Zong Qi Tan Chantell Tibbets Vito Tonkonog Jeffrey Turner Sarita Varma Paulette Welsing

Caroline Widman Robert H. Williams Annie Woo Abby and Eric Woodworth Friends ($1-$99) Anonymous (8) Zach Abrams Sarina Amin Donna Arduini Danielle Ashley Zawislak Marina Aspesi N. Baez Emily Barker Wayne Barks Jim Barton Sandra Battle Eric Baum Noel Bhumgara Elizabeth Bogren James Boland Karina Bough Heather Brighton Holt Calhoon Marcia Cantarella Lauren Cerrito Betty Chan Shari Chapman Massaer Cisse Brian Corrigan Robert & Sharon E. Cucinotta Bharat & Sujata Didwania Wilfred & Frances Diller Linda & Jeffrey Douglas Elliott Doyle Jay Drezner Jason R. Dudley Rebecca R. Eddy & Paul B. Feuerstein Diana Epelbaum Faina Epshteyn Uriel Felsen Margarita Fernando Haliun Ganbold Sara Garlick Gerald Germany Susan Gewpler Jason Glushakow AJ Goodman Jay Gronlund Eddy Guarascio Serena Handley Chris Hecht Kirian Heer Jose Herrero Amy Leigh Hertenstein R. Davis Hostetter Mary Hughes

Stanley Hum Ronald & Caroline Ingram Susan Jennik Dakeeta Johnson Roy Kao Martin Karamon Jerome Kern Domenica Lamia Caroline R. Le Feuvre Ralph Lee Valerie Leventhal Soo Yeun Lim Resa Macalisang Cynthia Marian Keith McHale Michael McLernon Kristin Mikolaitis Laura Modigliani Celeste J. Myers Sonia Narang Elizabeth Olsson Daniel Paikin Gregg Paradise Gilda Pena Roland M. Peracca, Jr. Antara Prasad Priscilla D. Press Shendil Pyarilal Janice Revell John Roncoroni Parisa Sabeti Jonathan Schwab Poonam Shah Wendy Sheinberg, Esq. Christopher M. Snyder M. Stein Jelena Strelcova Steven Suthiana Andrea Swanick Roy Taylor Evelyn & Richard Taylor Paul Teske Gail Tiburzi Nick Trikolas Stephanie Vallet-Sandre Cara Volpe Geoffrey & Margaret R. Wiener Andrew R. Wolpert Loretta L. Worters Grace Yanez Anna Yevzelman Sarah Yohay Marcia Arnold Zeitlin

Futures and Options has made every effort to ensure that our listing of contributors is complete and accurate. If we have accidentally omitted your name, please call us at 212.601.0002.

In-Kind Supporters Accu Tutor Alliance for Downtown New York, Inc. Andaz Wall Street Autograph Store Charity Fundraising Battery Dance Company Jane Becker Bella Pepper, LLC Big Apple Circus Bill Bernstein Bobby Van’s Steakhouse Larissa Borteh Cafe Wha? Capital One Carnegie Hall Chelsea Computer Chelsea Piers Children’s Museum of the Arts The Container Store Lillian Coury, PCC, CIC Equinox The Estee Lauder Companies Inc. Ephraim Fields Food & Wine Magazine Gap Inc. Cher Goldman Green Mountain Coffee Roasters Hampton & Co. Melissa Joy Manning Kenneth Cole Lily Kesselman Landmark Theatres Lascala Lococo Lia Schorr Mansueto Ventures Millenium Hilton Steve Musante Museum of American Finance Alison Nguyen Orion Trading Paul Molé Philippe Chow popchips Publishing Experts, Inc. Roundabout Theatre Company South Street Seaport Museum Tekserve Top of the Rock Travel + Leisure Magazine Tribeca Performing Arts Center Trinity Boxing Club Worldcolor Worzalla Publishing Company Zagat Survey 19


Support and Revenues Unrestricted: Contri-u/ons $584,492 Contri-u/ons In‐;ind 25,000 9%  Program Service Revenue 800 12%  Interest and Other Income 596 Release oJ prior year restric/ons 53,089     Temporarily Restricted: Contri-u/ons 106,399 Release oJ prior year restric/ons (53,089) Total Support and Revenues $717,287

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

$518,294 5,000 975 1,338 45,000 53,089 (45,000) 79% $578,696

88,850

392,035 $499,662

319,744 $408,594

80,234 55,774 $635,670

91,059 35,562 $535,215

Fundraising Expenses 

3dminis6ra78e Expenses  Fundraising Expenses 

Tyran Williams, program coordinator and intern Joseph Smith.

35,392 8,089 $43,481

The Futures and Options Annual Report is published by Futures and Options 120 Broadway, Suite 913, New York, NY 10271. External Affairs Manager Editor Photography Design

State%ent o) D.nanc.aE Fos.,on June 30, 2010 June 30, 2009 Assets Cash Contri-u/ons Y S/pend Receiva-les Prepaid Expenses Property and Equipment, Net Total Assets

G.aH.E.,es and Net Assets [ia-ili/es: Accrued Expenses Net Assets: Unrestricted Temporarily Restricted Total Net Assets Total [ia-ili/es and Net Assets

Serena Handley Michael Kaminer Lily Kesselman & Buck Lewis Kady Francesconi

This annual report was made possible by the kind generosity of Publishing, Experts, Inc. and Fry Communications, Inc.

$236,411 41,102 8,372 13,905 $299,790

$166,065 19,118 4,154 24,102 $213,439

Stephen E. Hessler Chairman

William Bernstein

Stephen P. Musante

Cathy Callender

Stephanie L. Perry

Ephraim Fields

Howard M. Rogatnick

Jamaal Glenn

Arthur Sobel

Robert Gromadzki

Steven Sperber

Janet Mannheimer Secretary

Ketan Kapadia

James Stone

Sameer Ahuja

James Liu

Christian Sullivan

Carol L. Bassin

Cynthia A. Marian

Vanessa Wilson

Rebecca Dougherty Assistant Program Coordinator

Anne Benedict

Ozias A. Moore

Barbara L. Christen Founder/Emeritus

Janaris Torres Administrative and Program Assistant

Kristine Kern Vice Chairman Richard T. Kennedy Treasurer

39,842

35,981

153,549 106,399 259,948 $299,790

124,369 53,089 177,458 $213,439

Interns from top: Folagbayi Arowolo and Marlande Valentin.

Amounts are summarized from the audited financial statements provided by Skody, Scot & Company, CPAs, P.C., dated August 30, 2010.

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- the schools, businesses and corporate, foundation and individual supporters - who make it possible for Futures and Options to give New York teens the tools to turn aspirations into achievements. We deeply appreciate your loyal support and advocacy. Together we ensure that New York’s underserved youth, who are our City’s emerging workforce, have the skills and education to become self-reliant and contributing citizens.

3dminis6ra78e Expenses 

79%

Program Expenses 

107,627

29,180 53,310 $82,490

Program Expenses 

Thank you to our partners

Staff

Expenses    Program Expenses: Career Development     ‐intern salaries and s/pends Career Development‐other Total Program Expenses

9% 12% 

Thank You

June 30, 2010 June 30, 2009

Board of Directors

The Financials

State%ent o) Ac,v.,es

Patricia Machir Executive Director Serena Handley External Affairs Manager Tyran Williams Program Coordinator Stefanie Jones Program Coordinator

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Futures and Options 2010 Annual Report  

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