w!se 2014 Annual Report

REAL-WORLD EDUCATION

Annual Report 2014

Table of Contents

Letter from the President

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Programs and Services Financial Literacy Certification Program

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Quality of Life INNOVATIONS

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w!se Institute for Lifelong Learning

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Euro Challenge

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Partnerships

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Events

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Funders and Donors

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Volunteers

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Board of Directors

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w!se is an educational 501 (c) (3) with a mission to develop financial literacy and readiness for college and careers. We serve secondary school teachers and students as well as at-risk adults nationwide, with an emphasis on reaching disadvantaged, underserved and under-resourced diverse communities. Our initiatives are built on five pillars – relevancy, real-world experiences, strong partnerships, volunteerism, and assessment.

In addition to maintaining its own suite of programs, w!se provides programmatic services to third party organizations and is a fiscal sponsor for initiatives aligned to the mission.

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Letter from the President W!se has an impressive track record of successfully addressing urgent needs in America. We provide real-world, innovative, high quality and cost effective educational programs and support services that promote excellence in education and help our target audience plan for their futures and make good choices, while instilling the knowledge and skills needed for the 21st century.

2013 has been a year of moving our agenda forward by: Increasing the number of schools and states participating in our Financial Literacy Certification program; Celebrating the record number of 194 Blue Star Schools and their 361 Gold Star teachers at our annual MoneyPOWER Conference; Launching new partnerships, including the Columbia University’s Teachers College Cowen Financial Literacy Summer Institute, and an elementary school pilot with Hunter College; Fundraising through our third annual fundraiser, Chef’s Night Serving Financial Education;

Inspiring students through our w!se Institute at the High School of Economics and Finance with more than 100 seminars provided by 253 industry and non-profit volunteers; Encouraging 700 students to become socially active in their communities through our Quality of Life INNOVATIONS program; and Expanding the number of participants in the highly regarded Euro Challenge that helps 9th or 10th grade students develop their understanding of the Euro, the EU and Euro Area and economics.

We also celebrated the 10th anniversary of the Financial Literacy Certification Program (FLCP) with a ceremony at the New York Stock Exchange. We marked the occasion with the inaugural announcement of our 100 Best w!se High Schools Teaching Personal Finance recognizing schools of excellence within w!se’s national network. This national ranking, the first of its kind, will motivate schools to “race to the top” in personal finance education, encourage school districts and administrators to expand personal finance instruction, and elevate the importance of financial education.

This report offers a brief overview of the meaningful work that w!se is committed to in order to inspire positive change in the lives and communities of individuals nationally. It also gives testimony to a strong staff, a passionate Board of Directors, and dedicated funders, sponsors and volunteers who help us not only deliver quality products and services but also measure impact.

Looking forward, we will build on the momentum and numerous accomplishments of 2013. If you need information or details on how you can join us on our mission, we invite you to contact us and visit www.wise-ny.org.

Sincerely,

Phyllis Frankfort Perillo Founder, President & CEO

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Financial Literacy Certification Our groundbreaking Financial Literacy Certification Program, now in its 10th year, helps teachers to prepare high school students with the skills for successful life-long financial decision-making. Upon completion of the program, students take our nationally standardized Financial Literacy Certification Test.

Measurement of Effectiveness Overall, the passing rate on our Certification Tests in 2012-2013 was 77.3%, 2.9% higher than the average 74.4% rate since the program was launched in 2003.

At our annual MoneyPOWER Conference in November, we honored the 361 teachers and 194 schools who’d earned our coveted Gold Star and Blue Star teacher and school awards the previous school year.

Students who pass our Certification Test become Certified Financially Literate.

Blue Star Schools 194

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Growth and Success:

157 150

The National Program The program celebrated its 10th year anniversary with an impressive 20.2% growth in the number of participating schools and an equally impressive increase in the number of students reached. The total number of tests taken (pre-tests and Certification Tests combined) was up by 51.5%.

The number of states in which the program is offered topped 30 for the first time.

124

100

55

52

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'09

60

40

50 25 5

32

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0 '03

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* Blue Star School recognition awarded to schools since 2003.

Praise from Students “After we graduate, we will have to start making some important financial decisions, such as taking out student loans, buying a car, and renting an apartment. Being financially literate will help me make smarter decisions about these issues and about even simpler things, such as choosing which bank to take out a credit card with.�

Melissa Alvarado Townsend Harris HS

Note: blue shading denotes states participating in FLCP

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Financial Literacy Certification Exciting New Initiatives

Financial Literacy Teacher Certification

To mark the 10th year anniversary of the Financial Literacy Certification Program, we created the 100 Best w!se High Schools Teaching Personal Finance, the first national ranking of its type in the country.

Since 2008, w!se has offered high school teachers the opportunity to earn a Certification in Personal Finance by taking and passing our rigorous Certification in Personal Finance Test.

The Test is generally administered in collaboration with partners, including Departments of Education, The Council for Economic Education, Business Educators Associations and The Jump$tart Coalition for Personal Financial Literacy.

The inaugural ranking was released during a spectacular ceremony at the New York Stock Exchange. Earning the top spot and taking home the coveted first-place trophy was the High School for Math, Science & Engineering at City College, New York City.

Others ranked in the top 25 were schools from Utah, Indiana, Tennessee, Nebraska, Virginia, New Jersey, Illinois, South Carolina, and New York. For the list of schools, please visit http://www.wise-ny.org/documents/w!se_ Announces_list_of_100_Best_w!se_ High _Schools.pdf

In 2012-13, we added Tennessee, North Carolina and New York to the states in which this unique credential is offered.

W!se Ideas for the Classroom Another first for this year was the launch of W!se Ideas for the Classroom, a personal finance blog that features a discussion forum and weekly news updates about personal finance for teachers in our national network.

The blog can be found at www.wiseideasfortheclassroom.com.

Guests from the High School for Math, Science & Engineering at City College pose with their first place trophy

More than 100 guests attended the ceremony, hosted by Michelle Greene, Executive Director of the NYSE Euronext Foundation. Featured speakers included Sam Stovall, Chief Investment Strategist, Standard & Poor’s Equity Research; Pat Kiernan, Morning Anchor, NY1; Judy Chapa, Vice President, Financial Services Roundtable; and Judy Sams, Program Specialist, Business and Information Technology, Virginia Department of Education.

W!se Testing App Schools were pleased with the announcement that our Pretests and our Certification Test are now available through an app on Chrome Books and iPad/iPad Mini tablets.

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MoneyW!SE and Speakers Bureau MoneyW!SE Program for Survivors of Domestic Violence

Speakers’ Bureau

This innovation in financial education offers survivors of domestic violence, many of whom face economic as well as physical abuse before leaving a violent relationship, a pathway toward financial independence.

w!se continues to manage the Speakers’ Bureau, launched in 2009, as part of The McGraw-Hill Companies’ Financial Literacy Now campaign.

Through MoneyW!SE, we offer survivors a semester long course on personal finance in the fall and spring every year and an opportunity for class participants to become Certified Financially Literate, if they pass our MoneyW!SE Certification Test.

The program is delivered in New York City at Family Justice Centers in Brooklyn, Queen and The Bronx, run by the New York City Mayor’s Office to Combat Domestic Violence and at the Family Justice Center in Salt Lake City managed by the YWCA.

This exciting program leverages the expertise of our volunteers to enhance classroom instruction on personal finance.

We also organize tours for students at leading companies and organizations on Wall Street.

The Program’s guest speakers visit various high schools to provide insight into a variety of financial issues, both broad and narrow.

Topics include general macroeconomics and personal finance concepts, such as managing credit, college financial planning, and personal investing.

In 2013, more than 80 executives from the financial industry volunteered their time to visit 66 high schools to address 4,295 students on a variety of topics essential to their financial education.

In 2012-13, we continued the program’s geographic expansion by launching it at the YWCA in San Diego. During the year, all the classroom presentation materials were also translated into Spanish to encourage more Spanish speaking survivors (more than 30% of all DV survivors in New York City) to participate in the program.

Students take a tour of the New York Stock Exchange

Praise from Teachers

MoneyW!SE student Jennifer Borchers is joined by David Anderson after earning her Certification in Financial Literacy

“Priceless information shared with our high school students! Wished we had more time than allocated to educate the students on personal financial management.”

Christina Zhan Teacher

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Quality of Life INNOVATIONS The Quality of Life Program (QL) develops college readiness in high school students through a project-based educational challenge.

QL students learn how they can make a difference in their communities by researching, then creating and presenting feasible solutions to real-world problems.

704 students from 20 schools participated in our 2013 Competition. The First Place $4,000 college scholarship went to New York Batteries Can Be Hazardous to our Health, a proposal on the improper disposal of 180 tons of batteries each year and the harm caused to the environment and inhabitants written by a student from Sheepshead Bay High School.

Making a Difference!

A new Youth Leadership Committee and a Teachers Advisory Council were organized to gather input and advice directly from the end users. The enthusiastic Youth Leadership Committee, for example, outlined their wish list to improve services and information for QLI participants.

The 2013 QLI Resources Fair held at the Trinity Church Administrative Offices

2013 1st place winner Jihad Teeba of Sheepshead Bay High School presents on her topic of improper disposal of batteries

“We were not familiar with statistical analysis or how to use Microsoft Exel to map out results from a survey. We now know how to do data analysis, map survey results and, draw cross correlations, create charts and graphs and analyze data more efficiently” –Courtney Utsey, Najac yler, QLI Students “I learned how to email professionals and improved my research and writing skills. I also got involved in doing volunteer work at human rights organizations like Amnesty International” – Merry Wu, QLI student.”

“QLI has prepared us for college and our personal lives. QLI taught us to be aware of our surroundings.

We are now prepared to do research, interviewing, observing, note taking, formatting our papers -- all needed for college.” –Ramanjit Toor, Stephanie Seelall Supreen Kaur, QLI students

Borough Leaders pose for a picture at the 2013 QLI Awards Ceremony held at the United Federation of Teachers Headquarters

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w!se Institute for Lifelong Learning The High School of Economics & Finance (HSEAF) was established in 1993 by founder Phyllis Frankfort. Located in the heart of Wall Street, the school provides students with a rigorous academic program in economics and finance.

W!se developed and manages the w!se Institute that we currently offer at one site, HSEAF, to keep this public school unique. The Institute is designed to reinforce or enhance instruction, provide real world role models, variety in the school week, address student needs, support the school’s mission, and prepare students for college and careers. The institute features more than 100 seminars each year.

During 2012-2013, among the new seminars the W!se Institute offered were:  Modern Finance  Public Speaking and You  Building Blocks of Financial Freedom  Game Theory  Turning a Hobby into a Business  Math and Science Skills

Student Body 1% 9%

24%

Asian Hispanic Black

24%

Students in an art seminar offered by the w!se Institute

White Other 42%

92.4% of the school’s graduates were accepted by some of the nation’s top colleges, and $1,594,000 in scholarships were received

Seminar Offering There were 253 volunteers from the private and independent sectors leading the seminars that addressed topics on economics and finance, entrepreneurship, arts and humanities, law and communications, and career and life skills.

Student Placements The Institute also places students on two work experiences each year. Through these external opportunities, students learn to apply their skills and knowledge from the classroom to real world scenarios and to explore future career possibilities. Students received offers for 100 community service and for 99 unpaid internship placement opportunities.

“…Thank you for the incredible opportunities you provided for me through the seminars and work experiences. I feel I have an edge over my peers.

Your encouragement, also, to complete my unpaid internship was the best thing that ever happened to me. I now have a slew of internship opportunities because of how impressed people are with my resume…I would just like to express my gratitude.”

Jose Rivera of Wells Fargo teaches his workshop “Hands on Banking” through the W!se Institute

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Euro Challenge On behalf of the Delegation of the European Union to the U.S., w!se is the National Coordinator of the Euro Challenge. The competition is an exciting educational opportunity for 9th and 10th grade students to learn about the European Union (EU). In 2013, 103 schools from 16 states (Indiana, New Hampshire, Florida, Massachusetts, North Carolina, Illinois, Kentucky, Wisconsin, Virginia, New York, Michigan, Maryland, Connecticut, Texas, New Jersey and Pennsylvania) and the District of Columbia participated in the Challenge, a 20% year-on-year increase. Of these, teams of 3-5 students from 83 schools took part in the Euro Challenge competition, a 12% year-on-year increase.

Participating Students 500 445 415 400

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A finalist team presents at the Federal Reserve Bank of New York

Students prepare to present at the 2013 Euro Challenge New York Preliminary Round

“Such a unique, specialized learning opportunity for students and teachers.

Amazing. Inspirational.”

Kathryn Ramirez Western High School “The Euro Challenge enhanced my knowledge of the EU, euro zone and economics overall. I feel like I could now come up with a plan for our government!”

Briona Hawkins Newark Collegiate Academy

Looking Ahead

The redesigned website with additional resources and media. Please visit www.euro-challenge.org

In 2014, the Euro Challenge will continue to expand. We expect 500+ students from over 100 schools in 17 states to participate in the Challenge.

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2013 Partnerships Teachers College at Columbia University

Financial Services Roundtable

w!se launched an exciting new teacher training initiative in 2013: We partnered with Teachers College at Columbia University to offer the first Teachers College Cowin Personal Finance Summer Institute, a unique professional development opportunity for high school teachers from New York City. Sponsored by Joyce Cowin, a leading philanthropist and Teachers College Trustee, the Institute is designed to build teachers’ knowledge of personal finance and related instructional strategies using the case method approach. At the end of the Institute, participants had an opportunity to earn w!se’s Certification in Personal Finance; 93% earned this coveted credential.

w!se is one of only 15 national non-profit Financial Services Roundtable partners.

A second Institute for New York City teachers is planned for the summer of 2014.

The goal is to expand nationally in 2015.

As in past years, we supported several of FSR’s community service initiatives, notably as a member of the Community Service Leadership Award Committee and of the FSR Scholarship Foundation’s Financial Literacy Scholarship Review Committee.

Elementary School Pilot in NYC Financial education is increasingly being introduced in the earlier grades. We, therefore, welcomed the opportunity to pilot a new program at an East Harlem Elementary School in partnership with the Roosevelt House Public Policy Institute at Hunter College. Drawing on a fun cartoonbased learning tool, Cha-Ching, developed for students in Japan, teachers delivered a module on personal finance. We trained the teachers and developed an assessment to gauge knowledge post instruction.

Celebrating our Volunteers

A teacher reads about the case study method at the 2013 Summer Institute

We thanked our network of more than 500 partners and volunteers at a breakfast hosted by Citi in February. Students, teachers, board members, partners and volunteers gave heartfelt testimony to their personal experience and the many ways in which they support w!se and it’s programs.

Praise from Teachers “I have been to a lot of Professional Development in the Economics area, and this Institute is, by far, the best one I have ever attended.”

Clarissa Bushman Stuyvesant HS

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Events

On May 7, 2013, w!se hosted its third annual Chef’s Night, an evening fundraiser featuring fine food from around New York City, award-winning wines, a silent auction and a casino theme. The event, hosting 22 restaurants, Brooklyn Brewery, Winebow, and 8th Street Winecellar with unlimited food tastings, wine, beer and desserts, successfully raised $70,000 for w!se.

Guests try their luck at the casino games

Food was provided by top New York restaurants

Bids being placed on items at the Silent Auction

“What a great event! Congratulations for putting together a perfect night. Great venue, food, drinks, festivities. Truly impressive.”

“Kudos, for an extraordinary, high-energy event! I thoroughly enjoyed the evening. I know only too well the amount of work that went into the planning and execution. Congratulations!

Guests enjoy beer from Brooklyn Brewery

I hope you had a chance to notice that everyone was having a FANTASTIC time and it was such a hit. Folks were raving about the food/drink, the casino games, the exciting atmosphere and the perfect venue. Even the chefs were enjoying all the attention and praise for their food - they really delivered…I applaud all you have done for the guests lucky enough to have enjoyed the festivities - and for W!SE, which could not be the success it is today without you.”

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Funders & Individual Donors Funders:

Individual Donors:

AIG All Lace Company/ALP Sewing Inc. Allstate American Eagle Outfitters Bank of America Bernstein Textile Group Bloomberg BNP Paribas Capital One CB Planning Corp.

Citigroup City Council of New York Credit Suisse CS McKee, Lt. Deloitte & Touche EisnerAmper LLP Emerging Markets Ernst & Young European Delegation to the United States GE Capital Retail Bank George Link Foundation Handford & Henderson Corp Hoenigmann and Cohen Hunter College JP Morgan Chase Kaplan & Schultz, CPA kasina M&T Bank Marjorie Tallman Found Scholarship McGraw Hill Financial Mitchel & Titus LLP Moody's Morgan Stanley Newmark Grubb Knight Frank Northfield Bank NY Community Trust NYC Department of Education NYSE Euronext Office of Financial Empowerment Office of the Manhattan Borough President Pacific Income Advisers PRB Administrators Royal Lace Company Schissel Smallberg LLP Signature Bank Standard & Poor’s Corporation State Farm Insurance Companies TD Bank Teachers College, Columbia University The Council for Economics Education The Utah Division of Securities UBS Financial Services, Inc. United Federation of Teachers Wells Fargo Westfield Capital Management

Scott Aaron James Abry Susan Arroyo Robert Astrowsky Vikram & Nandita Atal Serge Avery Rosemary Bair Hauie Balsam Daniel Beiley Shai Benhamoi Stuart Benway Brian Berger Christopher Berger Nick Berger Rick Bernstein Salvatore Birardi Iris Blanc Louise Blaney Giorgio Boero Susanna Bonilla-Bowman Michael Breit Joseph Brogan III Patrick Burke Zina Burton-Myrick Rita Calvo Karen Campbell Ricardo Cardona Ashley Carlton Sara Cass Dominick Chechille Susan Chin Kyle Ciminelli Brian S. Cohen Michael Cohen Steven & Patricia Cohen Vikas & Natalie Delory Dena DeMarco Rosemary Deprecia James Dillon Julie Dussaro Richard Ehrlickman Amy Engel Ira Ewen Jessica Fabian Jeff Fagan Jonathan Fanuzzi Sienna Farris Sharon Feldstein Robert Fenster Meredith Fish Steven Flanagan Michael Floru Dr. Charlotte Frank Pamela Frederick Paul Freyer Kevin Fuller Linda Gaetano

Neale Godfrey Gretchen Goodall Corrinne Greasley Jason Greenstein Richard & Francine Gross Pat Haith Eric Hall Ruth C. Haupert-Lengemann Sharon Hayut Jon Hefler Linda Henrich Richard Hetu Joseph Hoenigmann Jeffrey & Glenda Hoops Diana Hoover Timothy Hsu Gary Hughes Sol Irvine Marie-Louise & Christian Jacques June Jaffee John Kent Lawrence Klein Doug Kramer Bernadette Kriftcher Barbara Krijgsman Arthur Langer Elliott Lee Jessica Lee Alan Lentin Michelle Levine Dustin Ling Chris Manzi Robert Martorana Amy & Kresimir Marusic Francis Mayle Mary McDermott Louis Meltzer Jeffrey Miller Mordecai Moore Nan J. Morrison Melissa Morrongiello Myles Newborn Elizabeth Nieto James Ortiz Pat Pellegrino Anthea Perkinson Dana Peterson Michael Pines Beth Piskora Karen Potter Iralma Pozo Lauren Prince Ramona Prioleau Linda Rhodes Kathleen Riorda Pierre Saadeh Alanna Sachs Erika Safran

Nicholas Santarsiero Paul Schiebelhuth Jane & Barry Schimkin Peter Schimkin Jaclyn Schultz Sloan Sehr Sudhir Sharma Marian Shector-Litow E. Bonnie Silvers Charles A. Slivniski, M.D. Taylor Smith Debbie Smoller Michael Stanzione Sam Stovall Leslie Strauss Jennifer Stula Rivera Rachelle Suissa Brad Tenen Terri Thomson Myra Tweedy Angelica Vega Victor Vega Paul Vellucci Diane Vollmer Adam Weiss Mark Weiss Deborah Wiley Todd Wolynski Jeff Worob

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Volunteers James Abry Dennis Acevedo Nelson Acevedo Kenneth Adams Pat Addeo Azar Ahzar Drew Allen Bonnie Ammer Mina An Kamala Anantharam Miljana Asanovic Melissa Attebury Cheri Ayoub Marcy Bajusz Christine Baker-Smith Judy Barkoski Clara Bartnik Cecelia Beirne Meira Bennett David Berg Brian Berger Kris Berger Eugene Berger Stephen Berger Aimee Berniard Chris Bertelsten Nalini Bholanauth Daniella Bien-Aime Don Biery Jeff Birnbaum Monica Blair Nicola Blue Giorgio Boero Karen Bolaji Fisher Kathleen Bracken Luthien Brackett Paul Bradenburg Jake Brenner Taneisha Brewster-Joseph Alicia Brindisi Lloyd Bromberg Elaine Brooks Mamie Brown Matthew Brown Rebecca Brucas Michael Burke Arielle Burlett Dan Bushansky Carlos Calderon Anthony Canale Annette Carter Javier Castro Roberto Celestin Howard Chan Peter Chandler Carol Ann Church Matt Cifaldi Janelle Clay Tyrice Coates Claude Collins

Gigi Collins Jinx Cozzi-Perullo Candice Credito David D'Amico Rosalind Danner Kim Davidson Jeanmarie Davis Nia Deis Mathew DelPriore Anthony DeMattia Jesse DeSalvo Bianca Deslouches Apostolos Digbassanis Chris Dlugozima Ana Duarte-McCarthy Sandra L. Dube Brian Egan Teresa Evans Jessica Fabian Anna Farbiszewska Paul Farina Lucia Fedina Lorna Feldman Anna Fernando Azish Filabi Maritza Fitzgerald Melissa Fox Koumiko France Pamela Frederick Peter Frank Laura Friedman Liz Friedman Megan Friedman Linda Furey Denise Garrett Ian Gendler Marie Giangolano Malik Gomez Cristina Goncalves Jordan Goodman Stanley Gotlin Corrinne Greasley Waynice Green Lara Green-Spector Jacqueline Griffith Jan Groen Dawa Gross Adjoa Gzifa Margo Hamner Joseph Hanczor Glamis Haro Christian Henkel Charles Herman Shan Hicks Ellen Hinnenkamp Stacy Hope Eva Horelova Ellen Houston Deborah Hrvatin Gary E. Hughes

Ambreen Hussain Anna Iacucci Todd Ichihara L'Hava Israel Constance Jacobs Marie-Louise Jacques Barry Jamison Laura Jankstrom Nicolette Jaze Paula Jennings Kristal Jimenez Ruth Joyner Kathleen Kalmas Rishabh Kashyap Bruce Kasman Allan Katz Diane Keating Dan Keleman Kim Keller Liz Kelly Mayan Khan Tina Khan Annette Denise Knuckle Angela Ko Monica Ko Silvia Kofler Amy Kong Lee Kowarski John C Kraeutler Jennifer Kramer Sandy Krieger Stacey K. Kumabe Sharon LaDay Grace Lai Luz-Maria Lambert Barbara Lambotte Astrid Larson Jenifer Lee Keith Leest Andrew Levas Vander Lewis Kimberley Liao Melissa Llarena Everett Lo Michael Lo Sherli Looi Pat Loporcaro Luke Luckett Anja Luesink Alainna Lynch Moe Magali Matthew Maietta Bob Maione Larry Manis Yigal Marcus Shayla Mars Porsche Martin Shawn Martin Orlinda McInnis Sam McPherson

Nan Mead Amy Medearis Amelia Meena Carole Mehlman Amer Jan Mehruddin Nicole Melendez Shalonna Yvonne Melton Rochelle Meyer Chris Meyers Steven Miyao Heidi Moore Cindy Morand Micheleluce Morand Lauren Morris Chad Musgrove Amrita Nag Lailoni Narvaez Myles Newborn Rita Nigri Alyssa Niles Erika Nord Araceli Noriega Sanell J. Oakes Takeru Okuda Jennifer Olmstead Rebecca Olshan Mary Olushoga Bart Oosterveld Karen Oprea Carol O'Rourke Orley Pacheco Chintu Pandya Rosanna Paniccia Ionescu Neha Panwar Greg Parris Tara Patel Robert Pauley Catherine Perez Lucia Perez Bernhardt Anthea Perkinson Dana Peterson Timothy Phillips Glenn Picou Yovchev Plamen Sandra Plascencia Arthur Pober Sandy Pope James Posner Iralma Pozo Lauren Prince Gabor Pula Laura Rabin Jonathan C. Rainho Elena Ratevossian Lilya Ratevossian Nava Renek Kathleen Riorda Jose Rios Radames Rios Gracie Rios Morales

Jose Rivera Alers Pablo Tomas Rivero Domingo Rodriguez Valerie Rouxel-Laxton Erika Safran Mark Sallinger Annie Salsich Susan Saltrick Vinay Sambamurthy Matthew Sanderson Jonathan Santana Anjana Saxena Renu Saxena Dr. Oliver Schnakenberg Judy Schoenberg Liz Schroeder Sarah Scofield Robert Shapiro Hadia Sheerazi Carrie Sheffield Sara Shemin Cass Rhonda Sherwin Robert Shimony Carol Shuchman Rachel M. Sica Eugene Skorodinsky Deborah Smith Taylor Smith Beth Spenciner Rosenthal Sam Stovall Jennifer Stula-Rivera Marsha Takagi Hamidah Thanawala Daniel Timins Natalia Tobaccowala Toni Tomai Camille Tomao Siliva Tong Lia J. Torre Ray Valet Sasha Vartelskaya Subramaniam Venkiteswaran Nicholas Viest Pinky Vincent Jelena Vujic Christopher A. Wan Sarah Warner Beverly Weinstein Alec Wiggin Irene Williams Patricia Willson Avra Wing Todd Wolynshi Jessica Wong Mitch Wu Joy Wyatt Mel Wymore Jessica Zarzycki

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Board of Directors Gretchen A. Goodall, Chair Citi James Abry, Vice Chair SCP Worldwide Michael Breit, Treasurer EisnerAmper Deborah A. Smith, Secretary Wells Fargo Taylor Smith, Strategy Chair Boston Consulting Group Phyllis Frankfort Perillo, Founder w!se Dr. Charlotte K. Frank The McGraw-Hill Companies Gary E. Hughes Laces International Mary McDermott Mary McDermott Consulting Carmen V. Russo Carmen V. Russo Associates Peter Shimkin Newmark Grubb Knight Frank Sam Stovall S&P Capital IQ D' Vera Topol Topol Foundation Sol Irvine Yuson & Irvine LLC

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