New Heights Annual Report 2020

ANNUAL REPORT 2020

Our mission is to educate and empower promising innercity youth to be leaders, champions and student-athletes by developing the skills necessary for success in high school, college and life.

2020

Moving Forward. Together.

Since 2005, New Heights has created meaningful opportunities and an extended community for New York City student-athletes and their families to come together and rise to excellence.

Through education, mentoring and the development of athletic and life skills, we help underserved young people discover and nurture their talents to become lifetime leaders on the basketball court, in the classroom and beyond.

In 2020, our mission was put to the test, and New Heights did what we do best. We took action.

We continued every aspect of our programming that could be delivered remotely, including Zoom-based basketball workouts, individual and small group tutoring, summer day camp and workshops that addressed social justice, college prep, social-emotional learning and nutrition.

We maintained regular contact with our student-athletes and their families, providing support, guidance and optimism. New Heights programming has always emphasized a range of life skills that help young people understand and successfully navigate the world around them.

Never has that emphasis been more important.

As a tough year now comes to a close, our team continues to persevere. Basketball is still the unifying force that keeps the New Heights family connected and moving forward, and we’re not slowing down. As we write this letter, construction on our new Brooklyn home facility nears completion, our Sports-Based Youth Development Playbook will soon be published, and we are implementing our hybrid program of virtual and safe in-person activities.

We’re especially proud to report that 100% of our high school seniors in the Class of 2020 graduated on time and have matriculated to higher education at schools such as Hofstra, Ohio State, Wesleyan and Williams. These are the wins that are most meaningful, and that are made possible through your continued support. We thank everyone for your ongoing commitment to our student-athletes and their dreams.

The next year will be game changing for the New Heights family, as we move into our new home and expand our impact. We look forward to continuing the journey with you in 2021.

In appreciation,

Mark Patricof Board Chairman

Ted Smith Executive Director

2020 ANNUAL REPORT

COLLEGE BOUND College Bound combines basketball coaching with intensive academic support in one program to create pathways to high school, college and careers. Our approach to youth development is holistic, and our program model is based on long-term, intensive mentorship.

Each of the initiatives under the College Bound umbrella has been designed to target the specific needs of our elementary, middle and high school student-athletes.

HIGH SCHOOL ASSIST helps our fourth through eighth graders succeed in elementary/middle school and leverage that success to gain admission to college preparatory high schools. Services include team sessions focused on social and emotional development, tutoring, test prep, high school visits, financial aid advisement, and individualized counseling.

COLLEGE ASSIST provides our high school student-athletes with the individual support necessary to gain admission to competitive colleges and universities. Services include SAT/ACT prep, tutoring, college visits, financial aid and college application support, life skills development and NCAA recruiting and eligibility guidance.

CAREER ASSIST is our college completion initiative for New Heights alumni, designed to provide student-athletes with support and guidance to navigate and graduate college. Services include mentorship, course/ major advisement, resume building, financial literacy, interview skills, internship assistance and career exposure.

SUMMER ACADEMY develops our student-athletes’ academic, athletic and leadership skills through a full-day, five-week program for rising fifth-ninth graders. Academic programming is focused on improving SEL, ELA and STEM skills, while promoting the New Heights values of Teamwork, Respect, Effort and Excellence (TREE).

2020 ANNUAL REPORT

Coping with COVID-19

With our mission unchanged, the way that we deliver services during the COVID-19 crisis has shifted.

In March 2020, we created an Adaptive Program Model to deliver services remotely, including Zoombased fitness workouts, individual and small group tutoring, and workshops on nutrition, college prep and social justice and equality. Our team of coaches and program staff ramped up engagement with studentathletes and their families to ensure that we were providing support during very challenging times. New Heights made every effort to assess needs, identify those most at-risk and ensure out-of-school time was spent safely and productively.

• • • •

Over 25 Zoom athletic workouts per week Over 115 hours of tutoring per month 75% Zoom attendance rate for all participants 100% weekly outreach to all participants

This past summer, we hosted a virtual Summer Academy. Our online curriculum incorporated physical fitness, academic skill building and social emotional learning through individual and group projects. We also held a virtual high school transition program for rising 9th graders.

Throughout the pandemic, New Heights has remained a source of stability, optimism and quality information for the hundreds of youth and their families who trust and depend on us for guidance.

We are committed to keeping our student-athletes connected to one another and on track toward their goals.

2020 STATS New Heights targets student-athletes, ages 9-21, from under-resourced New York City neighborhoods.

355 71% 84%

student-athletes in College Bound qualify for free or reduced lunch qualify for college PELL grants* *Class of 2020

55% 18% 12% 14% 1%

African-American Caucasian Latino Multi-Racial Asian

51% Male 49% Female

39% 4th - 8th Grade 32% 9th - 12th Grade 29% Higher Education Cori Coleman Class of 2011

Class of 2020

We congratulate the New Heights Class of 2020. Below is a list of the schools that they are attending: STUDENT-ATHLETE

SCHOOL

STUDENT-ATHLETE

SCHOOL

Koby Brea.................................. University of Dayton

Kateri Poole............................... Ohio State University

Reece Brown............................. UNLV

Kelis Rogers.............................. University of Bridgeport

Nya Dias.................................... University of Bridgeport

Brandon Roughley..................... Williams College

Shcira Fowles ......................... Bronx Community College

Aminata Sangane...................... Labette College

Mike Graham............................. Elon College

Jaheim Tanksley........................ Frank Phillips College

Alana Jones............................... Wesleyan University

Jenna Teterycz.......................... Embry-Riddle

Anthony Lopez........................... Mt. Zion Prep

Niyamisa Trail............................ Labette College

Selma Markisic.......................... Hofstra University

Gabriella Wilkinson.................... Morgan State University

Shimei Muhammad.................... Chipola College

Danaijah Williams...................... St. John’s University

Caitlin Mullin.............................. SUNY-Oneonta

Savannah Williams.................... Hostos College

Joe Munden............................... Fairleigh Dickinson Univ.

Chloe Wilson............................. Fairleigh Dickinson Univ.

Ryan Myers................................ Iona College

Gabby Villaplana........................ Catholic University

Bethel Nwalozie......................... Monroe College

Isabelle Zukowski...................... SUNY-Oneonta

Callie O’Brien............................. Tufts University

Alums in the Pros The following New Heights graduates are playing professional basketball:

PLAYER

COUNTRY Precious Achiuwa ..................... USA (Miami Heat) Emmy Andujar .......................... Puerto Rico Niki Avery ................................. Greece Moses Brown ............................ USA (OKC Thunder) Cori Coleman ............................ Germany Devon Collier ............................ Puerto Rico Isaiah Cousins .......................... Israel Trey Dickerson .......................... Bosnia James Feldeine ........................ Spain Branden Frazier ........................ Turkey Kiah Gillespie ............................ Israel Lance Goulbourne .................... Japan Jimmy Hall ................................ Israel Jon Han .................................... Puerto Rico Jalen Jenkins ............................ Belgium

PLAYER

COUNTRY Paul Jorgenson ......................... Spain JR Lynch ................................... Puerto Rico Hassan Martin .......................... Greece Dupree McBrayer ...................... Belarus Chris Obekpa ............................ Italy Josh Owens .............................. Turkey JayVaughn Pinkston ................. Mexico Xavier Pollard ........................... Germany Marvin Prochet ......................... Switzerland Will Rayman .............................. Estonia Jermaine Sanders ..................... Argentina David Seagers .......................... Indonesia Lance Thomas .......................... USA (Brooklyn Nets) Jordan Washington ................... Canada

2020 ANNUAL REPORT

BROOKLYN

BOUND In 2021, New Heights will transition our offices and program sites to a new state-of-the-art athletic facility in the historic Bedford Union Armory in Brooklyn’s Crown Heights neighborhood.

Featuring 3 full-sized basketball courts, administrative offices, classrooms and a computer lab, our new home will bring together all coaches, tutors, staff and volunteers to streamline the student-athlete experience and elevate the way we deliver services. We will increase our efficiency and efficacy by consolidating of our programming into one location, broadening our reach and deepening our community roots.

New Heights will expand our overall reach by over 10 times, impacting over 3,000 youth annually – 500 through direct engagement in our College Bound program and over 2,500 through new community-based programming in Brooklyn, including clinics, leagues, workshops, school-based partnerships and events.

With good access to public transportation, our new home will enable us to create a home and hub for the community and even greater outcomes for youth and families in Brooklyn.

FOR MORE INFO: Visit our website at www.newheightsnyc.org/BKBD to learn more about the Brooklyn Bound Campaign and to view a Behind the Scenes Tour.

2020 ANNUAL REPORT

VIRTUAL REALITY New Heights is a family, and during tough times, family sticks together. While COVID-19 prevented us from gathering together in person for special events, we joined together nonetheless in spirit and online to support our student-athletes.

7TH ANNUAL TEAM CHALLENGE Each spring, the entire New Heights family rallies as one, from staff to parents, coaches to players, for the annual basketball Shoot-a-thon Team Challenge. This year the Team Challenge was a Zoom-based virtual “Push-up-athon� on May 30th. With social distancing in place, the New Heights family of coaches, players, general managers, staff, leadership and supporters came together in spirit to push up and push forward -- and to raise money for the College Bound program. The event exceeded our wildest expectations and raised $250,000, proving that we can take push ups to new heights.

THE GAMECHANGERS BALL On Tuesday night, October 20th, New Heights celebrated our 4th annual GameChangers Ball virtually, raising over $1 million. Hosted by Maurice DuBois and featuring special guests Jim Nantz, Rich Kleiman, Keia Clarke and others, the evening celebrated the strength that keeps New Heights and our student-athletes moving forward toward a bright future.

The event also honored the New Heights Class of 2010 for their many achievements since graduating from our College Bound program 10 years ago, and included an exclusive tour of the game changing new facility in Brooklyn that New Heights will call home in 2021. Rewatch GCB2020 by visiting www.newheightsnyc.org/gcb20recap.

2020 ANNUAL REPORT

SOCIAL

JUSTICE Sports can help build a better and more just future for all, and athletes play critical roles as symbols of and advocates for social change.

New Heights is committed to making our world a place that truly respects the inherent dignity and equal rights of all people. We work with young people to develop skills and increase dialogue and understanding around these issues against the backdrop of basketball. Our goal is, and has always been, to provide youth with resources and education that increase awareness of the world around them, and empower them to become agents of positive change and advocate for themselves and others.

We believe that the shared language of sports, and in our case basketball, brings us together to support one another on and off the court. In recent months, we have hosted discussions and town hall forums for student-athletes and alumni to share their experiences and concerns.

Beginning with our 2020 Summer Academy initiative, our programming has integrated a formal curriculum that explores current and past social justice movements.

“Playing basketball, you aren’t thinking about what race you are or what socioeconomic background someone has.

You are thinking of them as a teammate. It is not race driven in any way and it brings people together.”

-Marianna Lee, Class of 2024 Years with New Heights: 9 High School: The Dwight School College: Bowdoin College New Heights Class of 2019

Years with New Heights: 14 High School: Bronx High School of Science College: Washington University in St. Louis, B.S. in Mechanical Engineering (‘13), M.S. in Aerospace Engineering (‘14), University of Pennsylvania Law School (‘20) Future Employer: Morrison & Foerster (in 2020 New Heights Class of 2009 2020 ANNUAL REPORT

SCORE BOARD New Heights By the Numbers ON THE COURT

IN THE CLASSROOM

21

New Heights teams (11 boys teams, 10 girls teams)

100%

High school graduation rate

5

98%

College matriculation rate

4

College completion rate

2

373

in 2019-2020

Boys Division I commitments in the Class of 2020

Girls Division I commitments in the Class of 2020

Alums selected in NBA/WNBA Draft (Precious Achiuwa and Kiah Gillespie)

79

Alums currently playing college basketball

Since 2005

78%

Graduates have matriculated to college

$60M

Awarded in scholarship/ financial aid to student-athletes

Vision

All young athletes will have the values and skills necessary to become leaders in their communities and succeed in life beyond sports.

Value

New Heights has helped secure over $60 million in scholarships and financial aid for our studentathletes.

Impact

For over 15 years, we’ve maintained a 100% high school graduation rate for our student-athletes, a 98% college matriculation rate and an over 75% college graduation rate.

FINANCIALS

During this challenging year, our New Heights family of supporters has truly stepped up. The efforts have been led by our Board of Directors who provided tremendous leadership and stability. Our Board “led from the front,” providing 100% Board Giving, and was a driving force behind our fundraising and fiscal management efforts. We also continued to be supported by a generous and diverse set of donors who enabled us to keep our programs and impact going during this pandemic to ensure New Heights was there for our youth and families.

The New Heights team adapted to the challenging environment to operate efficiently and effectively ensuring immediate program impact and long term sustainability. Our fundraising events have shown the breadth of our family and a commitment to our work. Our 3rd annual GameChangers Ball in October 2019 raised over $1 million, and through our generous supporters, we again raised over $1 million in October 2020 to begin FY21 in a solid financial position. FY21 will be a transformational year for the organization with tremendous fundraising and financial work to be done, but thanks to everyone’s amazing support, we are poised to take the organization Brooklyn Bound in 2021.

Foundation and Corporate Contributions: $900,898 Fundraising Events: $1,028,399 Individual and Board: $489,830 In-Kind Contributions: $227,033 Government (PPP): $205,100 Program Revenue & Interest: $15,503 TOTAL: $2,866,763

2020 REVENUE ANALYSIS

Program (70%): $1,355,471 Administration (9%): $171,720 Fundraising (21%): $399,850 TOTAL: $1,927,041

2020 EXPENSE ANALYSIS

THREE-YEAR FINANCIAL ANALYSIS FY20 Revenue: $2.9M Expense: $1.9M FY19 Revenue: $2.9M Expense: $2.8M

-The New Heights fiscal year begins 9/1 and ends 8/31.

-This analysis represents unaudited FY20 numbers.

-Functional revenue and expenses include the Brooklyn Bound campaign and donated services.

$3M $2.9M

$2.9M $2.8M $2.5M

$2.3M

$2.3M

$2M $1.9M

$1.5M

FY18 Revenue: $2.3M Expense: $2.3M $1M FY18

FY19

FY20

BOARD OF DIRECTORS Mark Patricof, Chairman Founder, Patricof Co Andrew Nathan Vice Chairman Managing Principal, MC Real Estate Partners Jonathan Marotta Secretary Managing Director, Crescent Capital Ty Wallach, Treasurer Managing Director/CIO, Atlas Merchant Capital Will Blodgett Co-Founder/Partner, Fairstead Laurence Brown Retired Educator

Tara DeVeaux EVP/CMO, Wild Card, 3AM

Troy Dixon Managing Partner/CIO, Hollis Park Partners

Cameron Lewis* Partner/Co-CIO, Compass Rose Asset Management

Ted Smith (Ex-Officio) Executive Director, New Heights

Richard Roberts Principal/Managing Director of Acquisitions, Red Stone Equity Partners

Lance Thomas* NBA Player, Founder/ CEO, Slangmagic Fishing and Trust Your Work Foundation

Joshua Greenberg Partner, Glenview Capital

Jeremy Schiffman Managing Partner, Palestra Capital

Vicki Zubovic VP of Philanthropy, Khan Academy

Rich Kleiman Partner, Thirty Five Ventures

Alan Schrager Portfolio Manager/Senior Partner, Oak Hill Advisors

Duane Fiedler Attorney-at-Law

Nina Lesavoy Founder/Managing Director, Avec Capital

Nicholas Silvers Founding Partner, Tavros Capital

Andrew Colao General Counsel Partner, Weil, Gotshal & Manges

NEW HEIGHTS STAFF Rahme Anderson, Boys Basketball Director Adam Berkowitz, Associate Executive Director Rachel Edelman, Donor Relations Director Ashley Faison, LCSW, Chief Development Officer Dan Halewicz, Finance & Operations Director Denise Harding, Education Director

Kayla Jones, Program Associate Josh Klinski, Institutional Giving Officer Dominique Nute, Girls Basketball Director Ted Smith, Executive Director Walter Welsh, Assistant Girls Basketball Director

EMERGING LEADERS COUNCIL Jesse Rothstein, Chair LinkedIn Evan Adamo Onex Brandon Adams* Game Seven Marketing Andrew Braver Cushman & Wakefield Khadija Campbell NBPA Amanda Cioffi Wachtell, Lipton, Rosen & Katz

Frank Dolisi Requus Capital Jared Effron Fevo Geoffrey Fenelus* The Mind Trust Jason Fiedler Left Lane Capital Michael Gardner Gigster J.C. Gibbons Neuberger Berman

Steven Colombo Goldman Sachs Asset Management

Jason Goldman Law Offices of Jeffrey Lichtman

Alfonso Costa Jr.* Falcone Residential

Darrell Graf JP Morgan Asset Management

Anneke Day Accenture Richard Debo Artemis Real Estate Partners Jose D’Oleo* Horizon Therapeutics

Oliver Hildebrandt Apollo Global Management Bryan Hurley Cushman & Wakefield Jake Levey The Wharton School Henry Lowe* Procapita Partners Brody Mankus Brooklyn Nets | BSE Global David Meckler Goldman Sachs Tommy McLaughlin Morgan Stanley Patrick Miller JP Morgan

Thomas W. Gross Citi

Matthew Norman Citi Private Bank

Jordan Gruber Facebook Inc.

Jayson Patel RBC Capital Markets

Yehonatan Hahn FTI Consulting

Keegan Pieri Prudential Financial

Kirby Porter Will Ventures Andrew Pusar Goodwin Procter Petiri Reed* Bloomberg LP Anthony Reyes* Falck Renewables Brian Sateja Neuberger Berman Jacqueline Schoninger* NBA Tim Stuart LinkedIn Michael Tringali Houlihan Lokey Graham Vehovec RBC Capital Markets Cecil White William Morris Endeavor Omar Wilson Facebook Inc. *New Heights Alum

KEY SUPPORTERS FOUNDATION SUPPORT

Altman Foundation Arbor Brothers AYCO Charitable Foundation Bulldogs Care Foundation Carl Marks Foundation Centerbridge Foundation Charles Hayden Foundation Couch Family Foundation Desperito Foundation Douglas B. Gardner Foundation Doyle Family Foundation Edward and Dorothy Perkins Foundation Foundation for Global Sports Development Heckscher Foundation for Children Heisman Trophy Fund for Youth Development Hyde and Watson Foundation Kevin Durant Charity Foundation Laureus USA Lily Auchincloss Foundation Lucius N. Littauer Foundation Marc Haas Foundation Meg and Bennett Goodman Family Foundation NBPA Foundation Neuberger Berman Foundation Nicholas B. Ottaway Foundation Pinkerton Foundation Price Family Foundation Rona Jaffe Foundation State Street Foundation Stavros Niarchos Foundation

CORPORATE SUPPORT Bank of America Boies Schiller & Flexner CBRE Clarion Capital Partners Crescent Capital CTA Architects Cushman & Wakefield D.E. Shaw DKC Degree

Douglas Elliman Eastdil Secured ESPN/ABC Sports Fairstead Fogarty Finger Architecture Glenview Capital Goldman Sachs Goodwin Procter Google ICAP Insight Partners Jackson, Grant Investment Advisers JPMorgan Chase & Co. Kensington Vanguard National Land Services Kipnes Crowley Group Kramer Levin Naftalis & Frankel Langdon Title Lincoln Property Company LinkedIn Lyrical Asset Management Meritage Properties Metropolitan Commercial Bank National Basketball Association NEP Group New York Land Services Newmark Knight Frank Raymond James RBC Capital Markets Skadden, Arps, Slate, Meagher & Flom Small Business Administration Stewart Title Szenberg & Okun TAG Associates Tavros Capital TerraCRG Title AmTrust Under Armour WallachBeth Capital Weil, Gotshal & Manges Wells Fargo Wilk Auslander *gifts $2,500+ listed

Leaders. Champions. Student-Athletes.

New Heights Youth, Inc. 2472 Broadway, PMB 112 New York, New York 10025 (212) 426-HOOP www.newheightsnyc.org @NewHeightsNYC