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

Ashley Brown, freshman at Brooklyn College and Futures and Options intern at Kirkland & Ellis LLP from fall 2010 to spring 2011. On the cover: Steve Severin, Senior Consultant, Deloitte & Touche LLP. Futures and Options intern at the Dormitory Authority of the State of New York in 2004.

We are all inventors, each sailing out on a voyage of discovery, guided each by a private chart, of which there is no duplicate. The world is all gates, all opportunities.

- Ralph Waldo Emerson

Dear Friends, Teaming with more than 115 New York City businesses, from multinationals to nonprofits, Futures and Options introduces teens to the working world. Our engaged, active partners connect teens to a wide range of work experiences–hiring our youth as interns, hosting career-exploration field trips, and sharing insights at careerdevelopment workshops. Why do businesses choose Futures and Options? First, they recognize a unique opportunity to change the lives of young people. Our partners continue the journey with us because we carefully prepare, train, and match our students to each internship opportunity. The inspiring result: Young people learn the skills they will need on the job and understand the responsibilities of the world of work. It’s our privilege to open gates for these motivated, determined teens–and to give them opportunities to achieve their goals. And it’s a joy to watch as they absorb the lessons of the work world, realize their aspirations, and evolve into young adults eager to grow into productive citizens. We’re grateful to all who support our work: Our board of directors and staff, our corporate, foundation and individual donors, our business, school and community partners, and our volunteers. You make opportunity happen for young people who did not know it was possible. Yet there is so much more we need to do. Each year more than 60 percent of the youth who apply to Futures and Options are turned away. We encourage you to join us as we keep opening gates for those who need–and deserve–the chance. Most sincerely,

Stephen E. Hessler Patricia S. Machir Chairman, Board of Directors Executive Director


INSpIRING IMpACt Futures and Options alums have significantly stronger high school and college graduation rates. They gain a greater understanding about the responsibilities of work through our programs. And they’re able to find jobs quickly – with an upward income trajectory to boot.

Mario Lopez, Customer Service Supervisor, RR Donnelley and supervisor of Futures and Options intern Adrian Morris during summer 2011.

We didn’t say it; Inspire, Inc. did, in a rewarding evaluation of Futures and Options this year. Inspire consults to local nonprofit organizations focused on youth development. As part of the study, Inspire surveyed Futures and Options’ alumni and business partners to assess the impact of our programs. Our business partners sounded an equally gratifying note in the evaluation. One of them singled out our dedication to “helping cultivate students with high potential who otherwise would not have access or exposure to such a program through their education channel.” Inspiring, indeed. 4




high school graduation rate


254 youth served 87internship sites 44 high schools


359youth served 100internship sites 61high schools

Since our inception, Futures and Options has served over 2,000 youth with more than 90% graduating high school on time and entering college. Two-thirds of Futures and Options’ participants come from low-income families and qualify for free or reduced lunch. Our student population is 59% female and 41% male. Ethnicities represented: African American 44%, Hispanic 31%, Asian/Pacific Islander 14%, Multi-ethnic 7%, Caucasian 2% and 2% other. Sixteen percent of our students are immigrants, and 24% speak English as a second language.


CAReeR eSSeNtIALS For youth who have not yet reached the skill level or age for internships, Futures and Options has created Career Essentials, a pre-internship career-readiness program. Career Essentials gives students basic preparation for the work world by practicing and improving their interpersonal, communication and office skills. The program also includes career exploration activities and field trips, including invaluable visits to companies such as PwC, ColgatePalmolive Company and the Millenium Hilton Hotel.

“I’ve learned how to dress for an interview, how to create a resume, and even how to answer a phone professionally. I also learned what kind of leader I am.”

Genesis Torres, junior at Notre Dame School. Participant in the high school Career Essentials Program in fall 2010, and assistant to the program in spring 2011.

“After the Career Essentials Program, Genesis gained confidence and self-assurance. Her natural enthusiasm and energy shines brightly. I know she will do well in life.” -Stefanie Jones, Program Coordinator for the Career Essentials Program.


BRIDGe tO WORK Young volunteers have higher self-esteem, perform better in school, build leadership skills, and learn how to solve community problems. With that in mind, Futures and Options created Bridge to Work, which links teens to community-service opportunities around New York City and career exploration in the nonprofit sector. Improved teamwork, communication, and leadership skills are the key results.

“Futures and Options helped me in school by getting me back on track with schoolwork and giving me support.”

Jose Zepeda, senior at George Westinghouse High School. Participant in Career Essentials in fall 2009 and Bridge to Work in summer 2010.

“What I enjoyed the most about Bridge to Work was seeing how well the students worked as a cohesive team and how each student challenged themselves to experience new things.” -Kamel Lyons, Youth Service Program Manager, New York Cares.


INteRNSHIp pROGRAM Students gain invaluable experience through the Futures and Options Internship Program. These internships unlock abilities, open doors, and change lives. Businesses benefit by gaining access to an eager, diligent, and talented workforce. Our partners include financial, technology, real estate, retail and nonprofit businesses, from Fortune 500s to entrepreneurs. Interns attend work-readiness workshops and meet for special career exploration field trips. The Futures and Options Internship Program is offered continuously throughout the year to juniors and seniors from New York City’s high schools.

“I’ve learned that communication is key in the workplace, and that you have to show that you are a diligent worker. ”

Randy Garcia, freshman at Carnegie Mellon University. Futures and Options intern at The New York Structural Biology Center in summer 2011 and the LamontDoherty Earth Observatory in summer 2009 and 2010.

“Randy gained confidence while working in the lab. By the end of the six weeks he was able to work independently.” -Randy’s supervisor Renato Bruni, PhD, Staff Scientist NYCOMPS, New York Structural Biology Center.


AHRC New York City Alliance for Downtown New York, Inc. Alvarez & Marsal American Museum of Natural History Barclays Capital Battery Dance Company Battery Park City Authority Bike and Roll LLC The Blacktone Group The Bond Buyer Cantarella Consulting CBRE Center for Children & Technology Center for Employment Opportunities Century 21 Department Store Chen Dance Center Citi Colgate-Palmolive Company The Committee for Hispanic Children and Families, Inc. The Community Development Trust Community Voices Heard The Depository Trust & Clearing Corporation Deutsche Bank AG Donlin, Recano & Company, Inc. Doshi Diagnostic Downtown Brooklyn Partnership Empire State Development Corporation First Southwest Fitch Ratings Futures and Options G2 Gap Inc. generationON Great Eastern Energy Gruzen Samton LLP Hawkins Delafield & Wood Help USA The Horticultural Society of New York The Inner Resilience Program International Rescue Committee The Investor Relations Group Janney Montgomery Scott LLC Jefferies & Company, Inc. JPMorgan Chase & Co. Junior Achievment of New York, Inc. Kirkland & Ellis LLP Lamont-Doherty Earth Observatory Learning Leaders, Inc. Let's Get Ready Loews Corporation

Loop Capital Markets, LLC Luminosity Marketing M.R. Beal & Company Making Books Sing, Inc. Mansueto Ventures Mediabrands Worldwide Metropolitan Transportation Authority MHG Architects PC Ms. Foundation for Women Museum of American Finance Museum of Jewish Heritage National Medical Fellowships National Museum of the American Indian The New Victory Theater New Water Street Corporation New York City Housing Development Corporation New York City Office of the Comptroller New York City Office of Management and Budget New York Law Institute New York State Housing Finance Agency New York State Nurses Association New York State Office of the Attorney General New York Transit Museum ORION Trading Polytechnic Institute of New York University The Port Authority of New York & New Jersey Prager, Sealy & Co., LLC Public Resources Advisory Group Publishers Weekly Roosevelt & Cross, Inc. Rusk Renovations Inc. S. Lichtenberg & Co., Inc. Saatchi & Saatchi Samuel A. Ramirez & Co., Inc. SHARE Siebert Brandford Shank & Co., L.L.C. SIFMA The Single Parent Resource Center South Street Seaport Museum Squire, Sanders & Dempsey Standard & Poor's Sterne Agee Stone & Youngberg LLC Support Center for Nonprofit Management Teach for America Tribeca Perfoming Arts Center United Way Urban Justice Center Weil, Gotshal & Manges, LLP 9 Wells Fargo Securities


COLLeGe GUIDANCe INItIAtIVe Through our College Guidance Initiative, Futures and Options helps high school students identify prospective colleges, navigate the financial aid and application process and choose their college. With college guidance materials in hand, participants get one-on-one counseling–and invaluable support from each other. Compared to the NYC population, Futures and Options has a higher rate of students graduating not only high school, but also college.

“Futures and Options helped me feel more prepared for college. The workshops gave me really valuable insight into college life.”

Janelle Washington, freshman at Vassar College. Futures and Options intern at the Alliance for Downtown New York in 2010/2011.

“It is essential to find your own path and passion and then to surround yourself with the people who can support you… Build a team around what your dreams are.” -Marcia Y. Cantarella PhD, author of I CAN Finish College: The Overcome Any Obstacle and Get Your Degree Guide and presenter at Futures and Options College Guidance workshops.


CAReeR eXpLORAtION Field trips, informal meetings, and other interactions with Futures and Options business partners help energize both our students and corporate leaders. Futures and Options created the Career Exploration Program to bring teens and business people together to share perspectives about school, work, and life.

“Futures and Options to me was a wake-up call to a brighter future.”

Kelvin Ramos, freshman at Mercy College. Futures and Options intern at CBRE in fall 2010 and spring 2011. Kelvin attended many of our career exploration field trips, including the Goldman Sachs Career Day, and is now working in a job found thanks to networking at that event.

“As a firm, we believe that mentorship is key to both personal and professional development, and we’re happy to give our employees a chance to share their insights with Futures and Options students.” -Chanel Dennis, Associate, Goldman Sachs.


COLLeGe ALUMNI College is challenging for everyone, but Futures and Options alumni tell us their internship experiences give them an advantage as they explore higher education. We maintain rewarding relationships with our alums who are in college, and we continue our partnership with them by creating volunteer opportunities across New York City.

“Having a Futures and Options internship during high school helps you stand out to colleges and to future employers.”

Cydni Williams, junior at SUNY Oswego. Futures and Options intern at Publishing Experts from summer 2008 to summer 2009 and YouTube Online Media Display Sales Intern at Google, summer 2011.

“My absolute favorite was when we sent her off to college with everything we could think of needing in your first dorm room… I saw a look in her face that said these people care about me for real!” -Janet Mannheimer, President, Publishing Experts and Futures and Options board member.


CLASS OF 2011 Julianne Abejar Zuleika Adams Rasheed Adetunji Joseph Adubaffour Rahfa Ahad Mageeb Albokhiti Edzer Alexis Dheyazen Alseelwe Lena Ardacheva Johanes Atmaja Shaquella Bain Orges Bakalli Krystal Rose Baker Alieu Baldeh Jayson Barrow Lauri-Ann Benjamin Janah Bhuiyan Kharina Bissessar Miriam Brown Ashley Brown Roberto Brutus Candace Burton Jacques Cai Marla Castro Laura Cespedes Nina Chaiken Manna Chang Raphael Charles Amy Chen Michelle Cheung Andre Clark O’Shea Clyde Clarissa Colon Chenice Coq Damani Curwen Edward Custodio Shaquille Davis Genessi De Los Santos Jackney De Los Santos Sylvia Dolmo Cassandra Ehioghiren Claudia Esteva Kelly Feng Khadijah Flowers Rusean Francis Maria Gabela Jason Gao Randy Garcia Emely Garcia Rasheeq Haq Tenia Hardy Kazi Hassan Katherine Henriquez Paris Heymann Carmen Ho Mohammed Hossain Yongmei Huang Oluwatoberu Jaiyesimi Jamelah Jones Chrystelle Joseph Andrew Jung Alexandria Kaalund Anthony Kellman Yevgeniy Kernes Tomas Kovalcik Jessica LaDuke Alina Lee Rigel Leonard Trevor Lewis Malinda Lin

Fashion Institute of Technology LIM College SUNY College at Old Westbury Williams College Hunter College Brooklyn College New York City College of Technology New York City College of Technology Borough of Manhattan Community College

Hunter College New York City College of Technology The City College of New York John Jay College of Criminal Justice SUNY at Potsdam Kingsborough Community College Queensborough Community College The City College of New York Adelphi University Brooklyn College Brooklyn College St. John’s University Ithaca College New York University Fashion Institute of Technology Borough of Manhattan Community College

Thomas College Baruch College New York City College of Technology Pace University Pace University Alfred State College Kingsborough Community College Long Island University New York City College of Technology Philadelphia University Saint Joseph’s College United Stares Air Force American University Borough of Manhattan Community College

St. John’s University University at Albany Middlebury College New York University University of New Haven St. Francis College Fashion Institute of Technology Syracuse University Carnegie Mellon University Boston University New York University College of Staten Island Franklin & Marshall College Borough of Manhattan Community College

Williams College Babson College Baruch College University at Buffalo Elon University Mohawk Valley Community College Fashion Institute of Technology Baruch College Temple University The University of Vermont Pace University Syracuse University Howard University Stony Brook University Borough of Manhattan Community College

New York City College of Technology Fashion Institute of Technology

Gloria Lopez Jolanny Lopez Yesenia Lora Jacqueline Lu Dennis Luo Jenny Luu Piero Lzquierdo Keara Mariano Jasmine Mark Melissa Marquez Ria McKenzie Jacqueline Mendez Kwame Mensah Chelsea Minuche Mario Morales Richard Mordekhaiev Hadiya Morris Adrian Morris Jonel Murry Delvon Murry Hillary Nixon Elizabeth Odunaiya Margaret Oduro Joy Okorie Kenyetta Oliver Denisse Ovalle Christina Pak Angela Pan Madilyne Paniagua Yeugeniya Paperno Jaqueline Quinde Kelvin Ramos Talib Ransom Janelle Reed Naeem Reid Linda Reyes Latesha Richards Andrea Rivers Kevin Rodriguez Jonathan Rookwood Tayisha Saint Vil Anjelica Santos Genesis Santos Grace Severa Chevonne Sewer Michael Simmons Tornelle Simon Aruna Singh Kyron Slater Robbie Taliaferro Melinda Tavarez Leyda Taveras Ayodele’ Temple Makayla Thompson Janairis Torres Hantze Toureau Joel Urena Jennelle Vargas Gesenia Vasquez Janelle Washington Nyema Washington Fabian Watson Andrew Williams Karama Williams William Wingate Jessica Wishart Jada Yan Anna Zhu Yongjie Zhu

Brooklyn College The City College of New York Lehman College Baruch College Skidmore College Baruch College Syracuse University New York City College of Technology Howard University Binghamton University Florida Agricultural & Mechanical University

University at Albany SUNY College at Old Westbury Macaulay Honors College Massachusetts Institute of Technology Hunter College The City College of New York The City College of New York Pennsylvania College of Technology Augusta State University Quinnipiac University Syracuse University SUNY Plattsburgh University at Albany John Jay College of Criminal Justice Baruch College University at Albany Stony Brook University College of Mount Saint Vincent New York University The City College of New York Mercy College Clarion University of Pennsylvania John Jay College of Criminal Justice Long Island University Lehman College College of Staten Island Hunter College LaGuardia Community College Medgar Evers College Stony Brook University Temple University New York City College of Technology Manhattan College Elon University Borough of Manhattan Community College Borough of Manhattan Community College

Case Western Reserve University Westchester Community College The College of Wooster Borough of Manhattan Community College

Baruch College Hampton University SUNY Cortland Siena College Pace University Iona College Manhattan College SUNY Plattsburgh Vassar College Wood Tobé-Coburn School Queensborough Community College Binghamton University Ithaca College Monroe College Hunter College Pace University Stony Brook University New York City College of Technology


pROFeSSIONAL ALUMNI Many alumni tell us their choice of career was influenced by their Futures and Options internship experience. A Futures and Options internship provides a vital link to a professional path for teens who may have never considered long-term career plans. The skills they learn in our programs continue providing an edge in the workplace.

“Futures and Options played a vital role in my career path. My internship solidified my interest in finance and led to my job at Deloitte.”

Steve Severin, Senior Consultant within Enterprise Risk Services function, Deloitte & Touche LLP. Futures and Options intern at the Dormitory Authority of the State of New York in 2004.

“The biggest return on investment is the long-term impact Futures and Options’ programs have on both interns and employers.” -Richard Raphael, President of The Municipal Forum of New York.


tHANK YOU these industry leaders for opening their doors to our students for career exploration events.

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OUR Supporters Corporate and Foundation Support $100,000+ Alliance for Downtown New York, Inc. $25,000+ Charles Hayden 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 Lily Auchincloss Foundation Macquarie Group Foundation $5,000+ Allen + Overy LLP Downtown-Lower Manhattan Association The Blackstone Charitable Foundation Center for Children and Technology Donlin, Recano & Company, Inc. Grey Global Group Inc. The Hyde and Watson Foundation James T. Lee Foundation Kirkland & Ellis Foundation Kurtzman Carson Consultants LLC Latham & Watkins LLP The McGraw-Hill Companies Weil, Gotshal & Manges LLP $2,500+ Acquis Consulting Group Cantarella Consulting CBRE CME Group Community Foundation Colgate-Palmolive DCC Epiq Systems Michael Tuch Foundation ND Shannon Associates, Inc. Office of the Manhattan Borough President RR Donnelley Wells Fargo Bank, N.A. William E. Simon Foundation $1,000+ ASA Consulting - Andrew Shackett Brown Printing Company The Central National-Gottesman Foundation Deutsche Bank F.J. Sciame Construction Co., Inc. Goldman, Sachs & Co. Matching Gifts Guilford Publications, Inc. JPMorgan Chase Foundation Learning Leaders, Inc. Bill Paness - Charles D. Farber Memorial Foundation

Publishing Experts, Inc. Quad Graphics SHARE Siebert Brandford Shank & Co., LLC $500+ Anonymous AIG Matching Grants Program Mark Calev - Calev Print Media Center for Employment Opportunities Children for Children Foundation Goldman, Sachs & Co. The Inner Resilience Program ivylife Mansueto Ventures Mediabrands Worldwide Morgan Stanley C/O Cybergrants, Inc. New York Law Institute The Single Parent Resource Center, Inc. TPG Architecture Zolfo Cooper $100+ American Express Charitable Fund American Express Company Employee Giving Program Joele Frank, Wilkinson Brimmer Katcher John J. Creedon Foundation Steven J. Reisman, Esq. Tablet, Inc. ZGroup Design, Inc.

Individual Contributors Advocates ($10,000-$24,999) Mr. & Mrs. Thomas Purcell Christian B. Sullivan Mentors ($1,000-$9,999) Anonymous Anne Benedict William Bernstein Dr. Barbara L. Christen Andrew Colao John V. Connorton, Jr. Mory Ejabat Ephraim Fields Jamaal Glenn Stephen & Stephanie Hessler Peggy Hill Ketan & Bethany Kapadia Kristine Kern James Liu Patty Machir Edward W. Machir - PwC Cynthia Marian Paul Marian Claude & Sofia Marion Joseph P. McMonigle Michael Michetti Chris Mikosh

Mr. & Mrs. Stephen P. Musante Edward Neiger Robert Rosenkranz Mr. & Mrs. Edwin C. Sagurton Arthur & Nancy Sobel Steven Sperber & Phannee Noiplai Jeff Spinner Vanessa Wilson Jens Winther & Stephanie Perry Winther Coaches ($500-$999) Dan & Yui Brown Mr. & Mrs. Deanna Darice Boll Robert Hessler Robert Huttle Alain Karaoglan Mr. & Mrs. Patrick J. Machir Cherrie L. Nanninga Jean Peters Kimberly E. Ritrievi Peter & Meredith Rugg Matthew Siano Lewis & Maggie Sperber James Stone Sarah Thompson Believers ($100-$499) Anonymous (3) Carrie & Leigh Abramson Mari Albanese Susan Aufiero-Peters Laura & Edwin Badillo Henry Baer Thomas Baker Susan Balaschak Martha & Rob Battles Lisa G. Beckerman Ronit J. Berkovich Tim Brock Kara Brown Lee Buchwald John Burlacu Marianne & Stephen Busby Cathy Callender Neely & Todd Cather Michael Cohen M. Liz Cohen Spencer Cooper Martin Costello Mark Desgrosseilliers Douglas Deutsch Rocio Digon Mark DiMilia Thomas Doud Tom Ellis Edmund Emirch Edward Eng Bruce Fagin Tinamarie Feil Chris & Michelle Ferrandino Michael Foreman Bob Frustaci Peter Furman Haliun Ganbold Daniel Geoghan George Gilabert Anne D. Goldsmith Andrew Goldstein

Francis Greenburger Alice L. Gustafson David Gutierrez – Deloitte Christine Haack Melissa Hager Alan Halperin Robert Hirsh Jason Hong Nicholas Kajon Michael Kaminer Carol Kaplan Richard Kennedy Mary Korycki Russell Kranzler Gale Kroeger Howard Krotman Natasha Labovitz Kevin Lauri Seth Lemler Tara Lester Frederick Levy Robert & Frances Low Herbert Mandel Debra Matchen Arlette Ferguson Mathis Gene Matthews Miles M. Merwin Mark G. Muller Jeevan Padiyar Jonathan Pasternak Donald Pelka Melissa Perez Deming Christine Petrik Gregory Plotko Andrew Rasiej Michael Richman Paul Robinson James Rogers Karen Roth Sharon Roth Michael Salgat Damian Schaible Erez Schnaittacher Glenn Schwartz Irving Schwarzdam Christopher Scudero Mark Seigel Mark A. Semer Mark Shapiro Walter Siebecker Bruce Smith JW Song Heidi Sorvino Paul L. Spackman Ira Spiegel Rick Stempler Drew Stern Richard Stieglitz Jeffery Sutton Paul Teske Carmine Francis Vastola Heike Vogel Melanie Waits Laurie Weber Kate Weingarten Lawrence J. Weissman Caroline Widman Robert Williams J.S. Wilson, M.D.

Nina Wintringham Anthony Wong Annie Park Woo Eric Woodworth Nathanael Yale Bari S. Zahn Friends ($1-$99) Anonymous (17) Brian Abeles Emilie S. Adams Gladys Aldarondo Sarina Amin Justin Anderson Robert Anderson Allison Applebaum Rafael Arias Matthew Arndt Marina Aspesi Lisa Atkins Jack Baclawski John Badman IV Robert Baehr Daniel A. Bagliebter Andrew C. Bailey Ruth Bartley Molly Battles Eric Baum Nicole Bayard Georgia Beach Layne S.R. Behrens Lindsey Bell Elio Bettini Noel Bhumgara Jakub Biernacki Zoe Bisk Ronald R. Black Kimberly S. Blanchard M.A. Bollen Jason B. Bonk Teresa C. Brady Leroy Branch Katherine M. Brandes Jillian Brant Marie Brocato-Crecca Vigdis M. Bronder Sara Brook Barbra J. Broudy Michael Brown, Jr. Matthew Bruderle Yehudah Buchweitz Rebekah Burford Kathlene M. Burke Susan Bussy Steve Caputo Marilena Caraballo Vicki Carbone Gloria Cardona Katherine Carey Mary Carroll Robin J. Casey Lindsay Cellars Alois Chakabva Betty Chan Lavina Chan Shari L. Chapman Owen Charles Victoria Chase Chris Chavez James Chen

Michelle L. Chernoff Brandon Cherry Ryan Chominski Bernice Chow Barry Chung Deborah Cinque Tashica Clarke Kathleen E. Clarke Andrea Cody Sara Coelho Richard Corbi Jessica Costa Sarah Coyne Amanda Craft Drew Cronin-Fine Luis Cruz Lisa I. Cuevas Renee Da Cruz Bryant Daley Sara Davis Lucia de Cardenas Faina & Michael Dermer Kelly DiBlasi Herman Dodson Christine Doktor Evelyn D. Dominguez Luann Donaway Rachel L. Dougnac Jason Dudley Donald Dunn Peggy Durant Chrystal Dyer-LaRoche Emily Edwards Nicole Eidshaug Anthony Ellison Gloria Jean Evans Stacy Federer Gregory Feldman Leesa Fenderson Daniel T. Ferguson Mark Fiore Susan L. Fiore Helen Firneno Sara Fisman Margaret Fix Victoria Flynn Susanne Fordham Candance L. Francis Elizabeth Gahagan Eve Galewitz Jennifer Ganzi Susan Gardenfeld Jacqueline Y. Gathers Tonya Gayle John R. Gerba Alexandra Gershuny Rosalind Goldman Jillian L. Goorevitch Lauren Gram Bilgis A. Grant Stephanie Greenberg Clayton Griffin Ingrid R. Guerci Noam Haberman Brennan E. Hackett John Hahn Debra E. Hall Michele W. Hall Leslie Halpern Serena Handley

Christine L. Hau Amy Heller William Hellman Lynda Henderson Marilyn Henderson Nigel Henry Amy Hertenstein Debora A. Hoehne Lauren Hoelzer Greg Holden Candice Homan Justin Horowitz Davis Hostetter Stanley Hum Valerie Imondi Leticia John Carolyn Johnson Valerie Jorgovan Dianne Kampel Eric Kasenetz Laila Kassis Lane Katz Joi Kelley Matthew Kelsey Brian Kennedy Melissa Kern Jae Y. Kim Cassie L. Kimmelman Deirdre Kingsbury Lindsy Klar Julia Klein George Klidonas Nupur Kumar Dan Lane Ann Marie Larkin Todd D. Larson Lauren Lee Darryn Lee Daniel Lha Sam C. Limmer Tom Limongello Claudia Linh Doug Locke Merill B. Losick Marguretta Lowe Catoya L. Lundy Scott MacDonald Jayshree Mahtani Priyanshi Makker Abigail Margulies Sarah Marlenga Julie Marlette Francheska Marquez Elizabeth A. Martialay Jacqueline Massias-Oliver Andrea G. McEachin Katherine J. McGovern Daniel F. McLaughlin Monique F. McNellie Susan McPherson Jeannine McSweeney Ramon Mercedes Bruce S. Meyer Yulinda Milo Jack Miner Jessie B. Mishkin Garth Mitchell Andrew Mitchell Michelle Moezzi Kathleen Mohamed

Tamika Montgomery Katherine Moradiellos Roshelle A. Nagar Ekaterina Napalkova Justin Nelson Kenneth B. Nemcosky Barbara Nichols Robert Niles Michael Nissan Frank P. Nocco Carmen M. Nunez Damaris R. Nunez Jeffrey Oke Caitrin O’Sullivan Jessice Pan Brenda L. Pancham Ashok Parameswaran Stinson Parks Catherine Patinella Mary Paul Joshua E. Peck James Perkins Eric J. Peterman Joanne C. Pflaum Donnie Phillips Laura R. Phillips Margarita Platkov Jeanette Ponce-Brown Priscilla D. Press Joann A. Priore Allison Puca Joseph A. Rafferty, Jr. Patricia A. Ramsay Alice M. Redding Tess Reeder Jason Rein Marisa Relucio Elizabeth Rippe Luis Rivera Miriam R. Rivera Dee Rocker Deirdre Rodriguez Kimberly Rosensteel Richard Rotherman Ricardo Salmon Charan Sandhu Toby Saviano John C. Savino Eric A. Schecter Benjamin Schneider Steve Severin Sharon Shachar Mamta L. Shah Poonam Shah Leah Shalev Rahul K. Sharma Brian Shimmerlik Aya Shiraishi Richard Short Christine Shrestha Elizabeth Singh Judy Sit Tiffany Slater Colin Smith Timothy C. Soldani Jonathon Soler Alyssa Sperber Dimitar Stoimenov Stephanie Storey Jelena Strelcova

Andrea Swanick Rachel Swartz Catherine D. Taffuri Joy Tan-Vega Patrick Teske Catherine Thompson Sherri Toub David Tsin Lyra Vahabzadeh Tanya A. Vajk & Gail Moreau Nee Keef Warren Valenton Cheri Veit Elizabeth Ventura Ann M. Vermes Ronald W. Victor Rachel S. Vigneaux Victoria Vron Jennifer L. Waisberg Judy Wallach Spencer Ware Yvonne Washington Crystal Wei Janelle Weinstock Zillah K. Whittaker Tyrone Whittle Erin Wiley Evan Williams Sylvia Williamson-Darnell Tim Wiswell Daniel Wolfe Eric S. Wolfish Amy B. Wolper Yiyi Wong Andrew J. Woodworth Nicole Wright Justin Wroe Jie Yuan David Yuen Beverly Yuill Audrey Zhao Wendy Zhongwen Fu Jason Zhou Sam Zolten Oliver Zurbel Ami Zweig In-Kind Supporters Alliance for Downtown New York, Inc. Digital Color Concepts Donlin, Recano & Company, Inc. Fry Communications Gap Foundation Isabelle JettĂŠ Keith Lloyd Couture Tom Pambrun Publishing Experts, Inc. San Marzano Brick Oven Cameron Smalls Steven Sperber Jeff Spinner Nina Wintringham 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.


program expenses Administrative expenses Fundraising expenses

Statements of Activities Support and Revenues Unrestricted: Special Event Net Income Contributions Contributions In-Kind Government Grants Program Service Revenue Interest and Other Income Release of Prior Year Restrictions Temporarily Restricted: Contributions Release of Prior Year Restrictions Total Support and Revenues

June 30, 2011

June 30, 2010

$142,929 424,714 31,750 3,500 2,413 322 106,399

$103,970 480,522 25,000 800 1,469 53,089

105,208 (106,399) $710,836

106,399 (53,089) $718,160

Expenses Program Expenses: Career Development -intern salaries and stipends Career Development-other Total Program Expenses



501,772 $615,227

392,035 $499,662

Management and General Fundraising Total Expenses

81,771 57,662 $754,660

80,234 55,774 $635,670

Increase/ (Decrease) In Net Assets Unrestricted Temporarily Restricted Increase/ (Decrease) In Net Assets

(42,633) (1,191) ($43,824)

29,180 53,310 $82,490

June 30, 2011

June 30, 2010

$230,185 986 10,705 4,336 $246,212

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



110,916 105,208 216,124 $246,212

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

Statements of Financial Position Assets Cash Contributions & Stipend Receivables Prepaid Expenses Property and Equipment, Net Total Assets Liabilities and Net Assets Liabilities: Accrued Expenses Net Assets: Unrestricted Temporarily Restricted Total Net Assets Total Liabilities and Net Assets


Summary of Financial Statements dated October 7, 2011, prepared by Skody Scot & Company CPAs PC.



Stephen E. Hessler Chairman

Patricia Machir Executive Director

James Stone Vice Chairman Vanessa Wilson Treasurer Janet Mannheimer Secretary Anne Benedict Kara Brown Jerry Faust Ephraim Fields Jamaal Glenn Michael Kaminer Ketan Kapadia Richard T. Kennedy

Catherine Dodge Administrative Assistant Matthew Ellis Program Coordinator Serena Handley External Aairs Manager Isabelle JettÊ Marketing and Development Manager Stefanie Jones Program Coordinator Keleigh Karl Corporate Partnership Manager Joanna Munoz Program Coordinator

Melissa Kern Courtney Hall Leimkuhler James Liu Cynthia A. Marian Stephen P. Musante Stephanie L. Perry Pauly Rodney

CREDITS External Affairs Manager............Serena Handley Editor and Art Director...............Michael Kaminer Photographer.............................Lily Kesselman Designer.....................................Kady Francesconi This annual report was made possible by the kind generosity of Publishing Experts, Inc. and Schmidt Printing.

Steven Sperber Christian Sullivan Justin Wroe Barbara L. Christen Founder/Emeritus



Together with our business and community partners, we are building the workforce of tomorrow. Our career development program makes it possible for underserved, motivated teens to acquire the applied skills and higher education to successfully contribute to a global 21st-century economy.

120 Broadway l Suite 913 l New York, NY 10271 t 212.601.0002 f 212.601.0005 l

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Futures and Options 2011 Annual Report  

Futures and Options 2011 Annual Report