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The Steppingstone Foundation 2013 Annual Report


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The Steppingstone Foundation will change the lives of 1,600 kids this year.*

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With your support, we run college-access programs in underserved Boston communities. You help kids in challenging circumstances become Scholars. In Boston, fewer than 20% of district high-school graduates complete a fouryear college degree. At Steppingstone, we’re not willing to accept that statistic. So we provide free college-access programs to families who dream of college for their kids, but face serious obstacles. It’s our job to help Scholars navigate those barriers on the way to fulfilling their own high aspirations. How? We start with students in elementary school, and work with each Scholar right through college graduation.

In those 10-plus years, we provide the academic, social, emotional, and college-readiness services that lead to this: 92% of Scholars enroll in a fouryear college, and 80% earn their degrees within six years. That’s well above national and local rates, especially for their demographic group. For 24 years, Steppingstone has offered a demanding environment that motivated, striving kids respond to. So, thank you. Yes, you! The value and impact of your donation is remarkable.

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It’s not a level playing field.*

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Here’s what we do to even things out. We provide rigorous academic preparation and enrichment. We work with new Scholars when they’re 10 to 12 years old, because we want them ready for challenging academics in middle school. Our summer program is the key to Scholars’ success, because without access to summer learning opportunities, underserved students can fall far behind their peers. Not Steppingstone Scholars. We provide social and emotional support to Scholars and their families. Sometimes what’s going on in a Scholar’s life outside the classroom makes success in school extremely difficult, even for the most motivated students. Steppingstone counseling services are up to the task of supporting them. Scholars and their families work with Advisors who foster their progress— from the very first day we welcome them to Steppingstone, until they earn their college diplomas.

We provide college knowledge. If college is not in a family’s experience, they don’t know the drill—and the drill begins well before any test or application. Students have to see the link between their hopes for the future and the specifics of what they need to be doing right now. From college tours to SAT prep to the all-important maximizing of financial aid sources, Steppingstone provides that know-how to Scholars and their families and guides them every step of the way. We provide high expectations. That’s what talent and commitment and high aspirations respond to. We watch it happen every day!

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Education changes everything.*

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Look closely. You’ll see the multiplier effect in action. The Steppingstone journey begins with an individual, and ends with a Scholar equipped for achievement, a family encouraged, schools renewed, and an education landscape forever changed. What started with a handful of schools and students has sprouted: almost 200 new Scholars join Steppingstone each year, and we now partner with more than 40 schools throughout the region. Our newest program—the College Success Academy—allows us to reach more students in the communities that need us most.

What started in Boston has grown into the National Partnership for Educational Access, which connects college-access organizations across the country. We challenge our colleagues to share best practices, experiences, and new thinking. What started with us continues and grows with you. Do you believe that leveling the educational playing field changes lives? We do. If you agree, there’s no better place than Steppingstone to invest your support. {7}


Where are these kids headed?* Steppingstone partners with independent, Catholic, and public schools. THE STEPPINGSTONE ACADEMY PLACEMENT SCHOOLS

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Beaver Country Day School Belmont Day School Belmont Hill School Boston College High School Boston Latin Academy Boston Latin School Boston Trinity Academy Boston University Academy Brimmer and May School Buckingham Browne & Nichols School Cambridge School of Weston

Commonwealth School Concord Academy Dana Hall School Dedham Country Day School Deerfield Academy Derby Academy Dexter Southfield School Fay School The Fenn School The Fessenden School The Governor’s Academy Holderness School The Meadowbrook School of Weston Meridian Academy Milton Academy Newton Country Day School Noble and Greenough School

John D. O’Bryant School The Park School Phillips Academy Phillips Exeter Academy The Rivers School The Roxbury Latin School Shady Hill School St. Mark’s School St. Paul’s School St. Sebastian’s School Thayer Academy The Winsor School Xaverian Brothers High School COLLEGE SUCCESS ACADEMY SCHOOLS

Thomas A. Edison K-8 School Gardner Pilot Academy Jackson/Mann K-8 School

It looks like a list of institutions. It’s actually hundreds of success stories. Scholars attend and graduate from these colleges, among others! Amherst College Babson College Barnard College Bates College Bentley College Berklee College of Music Boston College Boston University Bowdoin College Brandeis University Brown University Bryn Mawr College Carnegie Mellon University Centre College Clark University Clarkson University Colby College College of the Holy Cross College of Wooster Columbia College, Chicago Columbia College, SC Columbia University Connecticut College Dartmouth College Duke University Emerson College Emmanuel College Florida A&M University

Fordham University Framingham State University George Washington University Georgetown University Georgia Institute of Technology Georgia State University Gordon College Hamilton College Hampshire College Hampton University Harvard College Howard University Johns Hopkins University Johnson & Wales University Lesley University Manhattan College Massachusetts Institute of Technology Middlebury College Morehouse College Mount Holyoke College The New School New York University Northeastern University Pine Manor College Providence College Rensselaer Polytechnic Institute Rhode Island School of Design Rollins College Salem State College Santa Clara University Savannah College of Art & Design Simmons College Southern Connecticut State University Spelman College Springfield College St. John’s University

Stanford University Stonehill College Suffolk University Syracuse University Temple University Trinity College, CT Trinity College, D.C. Tufts University Tulane University Tuskegee University Union College University of California, Berkeley University of California, Davis University of Connecticut University of Massachusetts University of Miami University of New Hampshire University of North Carolina, Chapel Hill University of Pennsylvania University of Pittsburgh University of Rhode Island University of Richmond University of Rochester University of Southern California University of Vermont University of Virginia University of Wisconsin, Madison Wellesley College Wentworth Institute of Technology Wesleyan University Williams College Yale College


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We can’t do it without you. Really.*

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Steppingstone is 100% privately funded. Since its founding in 1990, the following individuals and foundations have given over $1 million to Steppingstone: Anonymous L.G. Balfour Foundation Mrs. Leonard Block Brian & Karen Conway Michael P. Danziger Peggy & Dick Danziger Joanna & Jon Jacobson James & Kimberly Pallotta Medha Sinha & Arthur G. Epker III The Richard and Susan Smith Family Foundation: Richard and Susan Smith, John and Amy S. Berylson and James Berylson, Jonathan Block and Jennifer Berylson Block, Robert Katz and Elizabeth Berylson Katz, Robert and Dana Smith, Debra S. Knez, Jessica Knez and Andrew Knez

FOUNDERS’ CIRCLE $100,000+

Anonymous V Anonymous D Mrs. Leonard Block H Devon & Peter Briger Michael P. Danziger H Joanna & Jon Jacobson F Isabelle & Ian Loring D John & Susan Simon H Medha Sinha & Arthur G. Epker III D

PRESIDENT’S CIRCLE $50,000–$99,999

Anonymous H Anonymous H L.G. Balfour Foundation D Brian & Karen Conway F Charles Hayden Foundation F The Hearst Foundation The Estate of Joan Lewis Liberty Mutual Foundation, Inc. D May and Stanley Smith Charitable Trust V Thomas O’Donnell & Christina Wing-O’Donnell/ The Karen Wing Family Charitable Foundation F LEADER’S CIRCLE $10,000–$49,999

Anonymous D Anonymous H Anonymous D Pam & Bear Albright V Bain Capital Children’s Charity LTD F Bank of America Charitable Foundation F Julie Barron & Greg Goostray John G. & Amy Smith Berylson F Linda & Mark Borden V Virginia Wellington Cabot Foundation Devin & Erin Condron John & Stephanie Connaughton D Kathryn & Tim Conway Kerrie & James Coughlin D David & Victoria Croll F Peggy & Dick Danziger H Dean Welfare Trust F Sadhana & Rick Downs D Sandy & Paul Edgerley D Fidelity Investments V The Paul and Phyllis Fireman Charitable Foundation John & Laura Fisher H Sandy & Dozier Gardner D Debbie & Keith Gelb V

Kate & Tom Gilbane D Kaia & Jonathan Goldstein D Blair & Jacqueline Hendrix F Barbara & Amos Hostetter D Olga & Scott Jaeckel F Allison & Edward Johnson F Abby Johnson & Chris McKown Darlene & Gerald Jordan V Karen Kames & Christopher Gaffney F Karp Family Foundation D J. C. Kellogg Foundation F Mary Beth & Adam Kirsch F The Esther A. & Joseph Klingenstein Fund, Inc. H Linde Family Foundation D LinkedIn For Good Foundation, Silicon Valley Community Foundation Anne R. Lovett & Stephen G. Woodsum F The Ludcke Foundation V Tristin & Martin Mannion F Andy & Linda McLane F A. Peter Monaco H Kristin & Stephen Mugford D Amelia Peabody Foundation V Emily & Drew Pluhar D The Plymouth Rock Foundation F Elizabeth Riley & Daniel Smith Pixley & Kenneth Schiciano F William E. Schrafft and Bertha E. Schrafft Charitable Trust Christine & Robert Small F State Street Foundation D Jennifer & Seth Stier D The van Otterloo Family Foundation Amy & John Weinberg F Jenny & Sandy Weymouth/ Hess Foundation D Connie & Sankey Williams D

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SCHOLARS’ SOCIETY

BENEFACTORS

$5,000–$9,999

$1,000–$4,999

Anonymous D Melora & Andrew Balson D Jennifer & Jonathan Block F Mr. & Mrs. James A. Block H Marina & Walter Bornhorst F Katie & Don Bramley V Elizabeth & Seth Brennan Deb & John Brennan/ Hunt Street Fund D Kate & Chuck Brizius F Julie & Kevin Callaghan F Bushrod H. Campbell and Adah F. Hall Charity Fund D Denise Casper Maureen & Antoine Chiquet Mrs. Peter H. O. Claudy F Constance B. Coburn & James DeK. Houghton F The Cosette Charitable Fund D Lucy & Mike Danziger H Coleen & Ted Dinneen F Darren J. Donovan V Jennifer Mugar Flaherty & Peter G. Flaherty II D Stephanie & Matthew Kadnar D Anne & Colin McNay V Barbara & Richard Melvoin F Martha Mugar V Pappendick Family D Marsha & Justin Perreault D Michael & Emily Phillips V Rachel Rock & Joshua Levy V The Richard Eric Rosenberg Foundation F Lindsey & Matthew Russell V Jeanne & Bob Savitt F Ellen & Steve Segal D Rachel Segall & Tony Hurley D Kristine Shadek D Brent Edward Shay H Richard, Ann, John & James Solomon Foundation F Kerry & Brendan Swords Suzie Tapson & Gordon Burnes D The Tudor Foundation, Inc. F Wells Fargo Foundation D Resa & John Wing

Anonymous F Anonymous V Erica & Alan Adler V Nichole & Richard Aldrich/ RA Capital Associates F Todd Atanasoff Deb & Steve Barnes Marjorie & Robert Bland Tricia & Tim Blank F Marc Boesch & David Powers Maribeth & Mark Brostowski Bill & Barbara Burgess F Cindy & Warren Burroughs, Jr. D Susan Busch V Susan Okie Bush F The Elizabeth Cabot Lyman Charitable Trust The Calvert Foundation V Mr. & Mrs. Jason Chiverton Christensen-Dunn Early Foundations Fund F Dr. John & Bette Cohen Columbian Lodge A.F. & A.M., Boston, MA Casey & Christina Condron Tom & Line Corcoran V Kate & Read Coughlin D Sheena & David M. Danziger F Margot & Jon Davis V Kim & Chris Dellarocca Deanna & Tony DiNovi F Makenzie & Daniel Domb Bruce Breimer & Lorna Doran F Betsy & Rick Edie H Michael & Barbara Eisenson F Lee & Jack Englert F Mara & Stuart Feldman Cynthia A. Fisher & C. James Koch Joan FitzGerald D Sara & Peter Fleiss Mr. & Mrs. Michael Forrester Rebecca & Michael Gamzon F

Bertha & Kyle Gardner Beth Gilbert-Bono & Mark Bono Sharon Grady V Sarah & Joshua Greenhill Pam & William Holding Skip Hughes & Barry Tubman Joe Jannetty Susan Jefferson & Paisley Boney Julia & Peter Johannsen V Erin & Hyung-Do Kim D Tania & Gordon Kluzak F Vicki & Northrup Knox Brooke & Conan Laughlin Alison & Craig Levy D Kate Lubin & Glen Sutton F Marriott Daughters Foundation Pam & Stuart Mathews D Kelley Murphy F Suzanne & Terry Murray Rona & Randy Nelson V Claire & Joshua Nelson Anju Nohria & Bharat Anand Patty & William Nolan Daniel Nowiszewski Caroline & Soren Oberg V Pete Oberle PNC Foundation Emilie & Richard Powers V Jean Weinberg Rose & Jeff Rose F Annie & Alex Sacerdote Maurice & Luly Samuels V Sue & Ted Saraceno Simone Scott-Walker & David Walker Robert G. Segel & Janice L. Sherman F


The Shane Foundation F Barbara & Edward Shapiro D Stefani & Leonard Shavel F Lori & Matthew Sidman D The Esther Simon Charitable Trust H Josh Solomon Abby Sosland & Mark Goodman D Sovereign Bank Foundation V Colleen Spencer Jill & Michael Stansky V Hilary & Langley Steinert John & Leslie Stonestreet The Craig B. Tate Foundation Kim & Christian Tosi Eve Waterfall & Claire Walton D Marilee Wheeler F Alison & Greg White PATRONS $250–$999

Alli & Bill Achtmeyer Martina Albright & Jon Bernstein D Dave Alexander D Nancy Allison V Mark & Kathy Alperin V Joe Amsler Maren Anderson & Duke Collier Andrea & Paul Archer Pam & Jesse Baker Robert P. Ball F Fred & Tricia Bentley F Sheri E. Berman & Gideon Rose/ The Baobab Fund F Elodie Blaise Nancy & Todd Bland Amy & Ben Bloomstone D

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Marie & Chris Bohane Katie & Michael Bosco Dr. William Boyd & Ms. Deborah Blish D Liese & David Brown F Charles & Kathryn Brown D Robynne & Ward Brown John Bueker Ania & Carlos Camargo D Ellen & Jeff Campbell Andrea Chase Susanne & Vincent Chiang Teresa & Douglas Chope D Jennifer & Davis Clayson Harris & Melinda Collins Scott Conners Sarah & Lance Conrad The Cosel-Pieper Family Foundation Megan & Joe Craigen Hope & Louis Crosier F David Crowley / Crowley & Cummings, LLC Roland Davis Motoko & Gordon Deane V Lindsay & Kristen Deane V Patrick Deignan Emily & Michael Denning Dick & Maryellen Denning Hilary & Baily Dent Gitika & Amit Desai Rose DiSanto & Stephen Starnes F Jen & Mark Dolins F Laurie B. Donahoe F David Donahoe V Beth & David Drubner Nicole & Ray DuFauchard Beth Duggan D

College Success Academy Scholars put in more than 1,900 hours of extra schoolwork during their four-year academic program. That’s almost two additional school years!

Gretchen Effgen & Anthony Schweizer D Jennifer & John Eielson D Kathleen & Jim Elcock Barbara & John Emery D Epstein/Carver Family Foundation H Caroline Erisman V Debbie & Ron Fellman Michael Flaherty D James F. Flanagan & John J. Meunier Valerie & Doug Fleishman V Melissa & Joseph Foley William Fox Tom & Jeremy Glenn V Kelly & Michael Glew F Deborah Glotzer V Lynne & Robert Golden V Donald & Martha Greenhalgh F Michael Grossman Kimberly Guimond C.J. & Michael Hacker Andrew & Liz Hahn H Danielle & André Heard F Tamara & Peter Hermann D Benjamin Hincks Alex & Abbe Hocherman Joan Howland & William Webber F Charles Humber Virginia Hutcheson D Barbara & Thomas Israel Community Foundation of Southeastern Massachusetts, Hope and David Jeffrey Fund F Mr. & Mrs. Edward C. Johnson 3d D Jana M. Karp Mary & Seth Kaufman V Becky Kidder-Smith & Tom Smith Connie & Peter Lacaillade D Mr. & Mrs. David S. Lee H Kate & Tony Leness Barbara Leonardi William T. Lynch & Ingrid G. Larson H Melissa & William Lyons V Paul Mashikian Lynne Menichetti F Karen Meyers & Jay Zagorsky F Alison & William Monaghan Francisca Morant & Gerry Haines Victoria Moskowitz & Lee Glickenhaus D Nicole & Terry Murray D Marianne & John Nelson F Fran & Phil Pascucci Allison & Stephen Pellegrino Michaela & Steven Popeo Anne O’Neil & James Ricotta V

Virginia & John Ritchie Kristin Roda V Matthew L. Root D Alan Rosenberg Jennifer & Juan Rivera D Robert F. Shapiro, Jr. H Margaret Shepherd & David Friend Mark R. Simmons, Jr. Sarah & Steven Smith V Barbara G. Starnes Karen Welt Steeves & Jeff Steeves Rachel & David Stettler Zoe & Brad Stoesser Shannon Stowell V Mark & Katie Sullivan Carrie Tate Elizabeth Ward D Dawn & Larry Weber Sylvia D. Whitman V Tyler Wick Jean & Chris Wilmerding Gregory Wishart Doug & Abby Wolfson F Raymond Wu V FRIENDS UP TO $250

Anonymous V Anonymous Larry Aller Larissa & Jeff Alpaugh Kathleen & Charles Ames Kathleen Aubrey Kimberlee Bachman V Christina & Malcolm Baker Brian Berube & Susan Wolff F Kathryn & John Boger V Patricia Bowler & David Wendell D Alexandra Burns V Shirley & Eugene Buzderewicz V Robert J. Carpenter Young May Cha V Bruce Chafee D Stephanie & Ben Coffin Andrew H. Cohn D Ann S. Coles Diane G. Dalton Chris & Meredith Danis Sarah de Flesco Mary Driscoll & Luke Hill Sharon & Stephen Engler F Kate & Dana Enroth Brandon Wilson Evitt & Steven EvittV Sarah & Charlie Forbes D Patrick Ford Beth Friedman Joseph Giangrasso Raya Gildor V Melissa Gorham D Holly Grace & Kris Kahn Justin Hall

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Mike & Leslie Hammer H Baron Hartley D Tom & Emily Haslett F Mr. & Mrs. George Hatsopoulos F Pat & Jeff Hayden V Robert Hayes F Barbara & William Hickey V Lindsey & Patrick Hogan Michael Hubley Arthur Jackson Sufia & Yasin Jamal D David & Mary Johanson F Beth Jones Char Joslin & Les Cheek D Evelyn J. Junge V M. Scott Knox D Bridget & William Koch Jillian Kohl John Lieb F Ashley & John Linell Heather Long & Jack Sinnott V Wendy & Lane MacDonald Donna & Francis Maher F Shelia Mai Michael Marshall F Kristen Marshall Peter & Porter May F Anne & Guillermo Moronta Peter A. Mullin F Anne M. Murphy M. Kate Murphy Andrew Myers V Elizabeth & Marshall Neilson F Max Nibert D Alexandra & Jonathan Nichols Arndt W. Nicklisch D Troy Norris Beatrice & James Nuland Thomas L. P. O’Donnell F Ana Ogilvie Temitope Ogundele Dana Ostberg Elizabeth Parfit V Alexandra & Troup Parkinson Kay & Rodger Payne Tom & Ellen Payzant V Elizabeth & Augustus Gardner Karen Pick F Julie & Michael Posternack V George & Fernande Raine V Elizabeth Ratto & Roy Y. Liu V Ebony Rentas Christine Rodriguez Sara & Patrick Sarkis Anthony Scalese Mary E. Schnorr Dunne Emily Seaman Kelly & Oliver Segal Stacy Segall & Todd Shapiro Richard Silverman F Alyson G. Singer D

Bryan Spence Arthur Stanton D Kimberly & Andrew Starr V Joan & Robert Stein F Carol & Howard Stoner V Bryan Swaim Arzu & Murat Tarimcilar V Lynne Mooney Teta & Anthony Teta Mark A. Tracy F Natalie Transtamar Shannon Tyler Tracy & William Ullman V Laurel Valchius Judith Walignuda & Frederick Basilico Caroline & Donald Young Amy & Alex Zengo This report is accurate to the best of our knowledge. We sincerely apologize for any errors or omissions. BERYLSON FUND FOR LEADERSHIP DEVELOPMENT

Amy Smith Berylson and John Berylson established The Berylson Fund for Leadership Development to provide Steppingstone’s staff with high-quality professional development opportunities that would enable them to better serve the needs of a growing organization. In 2013, the Fund generously supported Steppingstone’s senior management team’s participation in The Bridgespan Group’s “Leading for Impact,” an intensive six-month strategic management program designed to strengthen nonprofit leadership teams, build strategic decision-making capacity, and enhance team dynamics. We are grateful for the support of the Berylson Fund, which continues to foster excellence and high levels of professional competency among Steppingstone’s hard-working staff.


Steppingstone would like to thank the following corporations for their generous support: $5,000+

The Baupost Group, LLC The Charles Hotel Di Santo Design Fiduciary Trust Company Jennifer Miller Jewelry KPMG Ropes & Gray LLP UP TO $4,999

Aquitaine Beacon Hill Hotel & Bistro Belmont Day School The Bristol Lounge Dexter Southfield School East Boston Savings Bank Fay School Hingham Savings Bank The Meadowbrook School of Weston Mistral Newton Country Day School The Park School Petit Robert Central Prince Lobel Type LLP REIT Management & Research, LLC The Roxbury Latin School Sammy Leigh Photos Shady Hill School Teatro Tickets for Charity The Winsor School Winston Flowers

Steppingstone would like to thank the following corporations for their matching gifts: Abrams Capital Management, LLC D Adobe Systems, Inc. V Bank of America Foundation D BNY Mellon D Charles Schwab Foundation CSG Systems, Inc. Goldman Sachs Foundation V Grantham, Mayo, Van Otterloo & Co. LLC D Natixis Asset Management Advisors Wells Fargo Foundation D

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Gifts were made to Steppingstone in honor of the following individuals and organizations: Ryan & Noah Adler Zachary Leonard Block Boney/Domb Families Alister Dabreo Jr ’96 Staff of the Boks Program Kate Gilbane Bill Helman Dalinda Ifill ’99 Donna Karwoski Isabelle Loring Cindy Nguy ’97 Southfield Fourth Grade Class Steppingstone Class of 1996 Steppingstone Staff Edward Stiepleman Peter Vandermeulen

We are so grateful for the generous support of Steppingstone Alumni. Names in bold denote gifts of $100 or more. Ivan DeJesus ’92 V Timothy Healey ’92 Eric Andrew ’94 V Rochelle Williams-Belizaire ’94 & Jonas Belizaire Carlos Castillo ’94 V Reginald Farina ’94 Kevin Tran ’94 D Asha Best ’95 Donavan Brown ’95 & Lauren Brown D Yvonne Dabreo ’95 V Marcus Haymon ’95 V J.P. Jacquet ’95 & Mary Breda Morrissey D Patrick Leeman ’95 Antonius Wiriadjaja ’95 Johane Alexis ’96 Alister Dabreo Jr. ’96 Joy Kogut ’96 D Effie-Michelle Metallidis ’96 Timothy O’Connell ’96 Evelyn Guir & Carlos Pacheco ’96 D’Lynn Jacobs ’97 Geordan Johnson ’97

Vivian Ng ’97 Cynthia Nguy ’97 D Mary-Margaret Oppus ’97 V Kaitlin Barry Pellerin ’96 & David Pellerin Emely Orellana ’97 V Ngozi V. R. Anidi ’98 Rochelle Ballin ’98 Joanne Jacquet Araujo ’98 & Alcy Araujo Ifeoluwa Oyedele ’98 Patrick Costello ’99 Dalinda Ifill ’99 Darian Reid-Sturgis ’99 Laniesha Gray ’00 David Huynh ’00 Mariel Novas ’00 Tran Vu ’00 V Max Clermont ’01 Khue Nguyen ’01 Jennifer Pierre ’01 Samantha Salfity ’01 Alena Horton ’02 Ying Wang ’02 Demetrius Armstrong ’03 Perry Calhoun ’03 Ashley Nelson ’03 Atiyyah Sabir ’03 Danielle Bynoe ’04 Marysabel Mejia ’04 Megan Riley ’04

Horizons for Youth Indian Springs School inRESONANCE Jack Kent Cooke Foundation Johns Hopkins University Center for Talented Youth Let’s Get Ready Massachusetts Educational Finance Authority Milton Academy National Student Clearinghouse Nellie Mae Education Foundation New Jersey SEEDS Noodle Odyssey Phillips Academy Phillips Exeter Academy Prep@Pingree at Pingree School Reach for Excellence REACH Prep School and Student Services SSATB Teach for America The Boston Foundation The College Board The Common Application The Princeton Review The Wight Foundation The Winsor School Tufts University Yale University

We are grateful to the following organizations for their support of NPEA:

Through the Champion A Scholar program, these donors have made a gift that covers the cost of one Scholar’s Steppingstone journey:

A Better Chance ACT, Inc. Bank of America Charitable Foundation Beacon Hill Hotel & Bistro Belmont Hill School Boston University Academy Brimmer and May School Buffalo Prep Cate School CFS, The School at Church Farm Charles Hayden Foundation Chicago Scholars Choate Rosemary Hall College Greenlight College Possible Daniel Murphy Scholarship Fund ERB

Among the skills we foster in Scholars: time management, effective study habits, organization, decision-making, and perseverance.

Anonymous Kimberly Hsu-Barber & Jeffrey Barber Devon & Peter Briger Maureen & Antoine Chiquet Todd Cronan Coleen & Ted Dinneen Debbie & Keith Gelb Greg & Laura Mulready Rona & Randy Nelson Emily & Drew Pluhar Rachel Segall & Tony Hurley John & Susan Simon

Symbols denote donors who have made gifts for at least: H 20 consecutive years, F 10 consecutive years, D 5 consecutive years, and V 3 consecutive years.

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Financial Statements*

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Steppingstone Foundation, Inc. For the year ended December 31, 2013 Statement of Financial Position Assets Current Assets Cash and cash equivalents $ 1,121,710 Contributions receivable 1,474,754 Other receivables 1,600 Prepaid expenses 6,383 Total current assets 2,604,447 Pledges Receivable, net of current portion and discount 1,885,320 Property & Equipment, net 42,633 Financing Fees, net 5,575 Deposits 69,890 Total assets $ 4,607,865

Liabilities & Net Assets

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Current Liabilities Facility line of credit, campaign bridge Current portion of note payable Accounts payable, accrued expenses and other Deferred revenue Total current liabilities Deferred Rent Note Payable, net of current portion Total liabilities Net Assets Unrestricted: Operating Property & Equipment Total unrestricted Temporarily restricted Total net assets Total liabilities and net assets

$ 175,000 100,000 293,456 99,864 668,320 5,670 400,000 1,073,990

721,978 42,633 764,611 2,769,264 3,533,875 $ 4,607,865


Statement of Activities and Changes in Net Assets Operating Revenue and Support Fundraising events revenue $ 1,091,424 Less cost of direct benefit to donors (82,509) Net fundraising events revenue 1,008,915 Contributions and grants 4,237,324 Conference 217,606 Membership income 81,078 Other income 77,915 In-kind revenue 49,495 Interest income 235 Total operating revenue and support 5,672,568 Operating Expenses Program Services: Steppingstone Academy College Success Academy National Partnership for Educational Access Replication Total Program Services Supporting Services: General and administrative Development Total supporting services Total operating expenses Change in net assets from operations Non-operating Revenue (Expenses) Loss on disposal of property and equipment Change in net assets Net Assets, beginning of year Net Assets, end of year

2,267,689 848,934 413,038 121,470 3,651,131 575,414 801,299 1,376,713 5,027,844 644,724

(53,050) 591,674 2,942,201 $ 3,533,875

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BOARD OF DIRECTORS

BOARD OF AMBASSADORS

Amy Smith Berylson Todd Bland Chuck Brizius Donavan D. Brown ’95 Denise Jefferson Casper Brian J. Conway, Chairman Michael P. Danziger, Co-Founder Michael Denning Mary Driscoll Bart Epker Lucy Galbraith Thomas F. Gilbane, III Andrew Hahn Pam Holding Scott Jaeckel Allison Johnson Darlene Jordan Jana M. Karp Isabelle Loring Richard I. Melvoin A. Peter Monaco, Jr. Mariel Novas ’00 Mike Pascucci John G. Simon, Co-Founder Christina Wing-O’Donnell

Pamela Albright Eric Andrew ’94 Ngozi Anidi ’98 Joanne Jacquet Araujo ’98 Julie Barron Jennifer Berylson Block Linda Borden Katie Bramley Dr. Vincent & Susanne Chiang Tricia Claudy Erin Condron James Coughlin Laura DeBonis Coleen Dinneen Darren Donovan Rick & Betsy Edie Jennifer Mugar Flaherty Jonathan Goldstein Blair Hendrix Gord Kluzak Libby Mallon Anthony Mathieu ’02 Anne Mitchell Greg & Laura Mulready Marsha Perreault Emily Phillips Drew Pluhar Rachel Rock & Joshua Levy Matthew Russell Caroline Schernecker Pixley Schiciano Anthony Schweizer Simone Scott-Walker Rachel Segall Brent Edward Shay Rob Small Jenny Weymouth Nelly C. Xavier

BOARD OF ADVISORS

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Ann Coles, Ed.D. William Fitzsimmons, Ed.D. Chris Gabrieli Paul Grogan Joanna Jacobson Thomas Payzant, Ed.D. Karl Reid, Ed.D. John S. Weinberg

*As of June 1, 2014


Founded in 1990, The Steppingstone Foundation is a not-for-profit organization that develops and implements programs that prepare underserved students for educational opportunities that lead to college success. Based on the premise that, regardless of circumstance, children can achieve at high levels with effective preparation and support, Steppingstone programs emphasize rigorous standards and achieve meaningful results.

155 Federal Street Suite 800 Boston, MA 02110 617-423-6300 phone 617-423-6303 fax w w w.tsf.org facebook.com/steppingstonefoundation @Steppingstone90

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The Steppingstone Foundation would like to thank the following firms that donated or discounted their services to make the design and printing of this annual report possible: BARTON PRODUCTIONS DAISY SCOTT COPYWRITING DI SANTO DESIGN PRINTSYNERGY SOLUTIONS

Š 2014 The Steppingstone Foundation This brochure has been printed on recycled paper. The Steppingstone Foundation is committed to a policy of equal treatment for all individuals.


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Currently at 155 Federal Street, Suite 800, Boston, MA 02110. Look out for our new address later this year.

The Steppingstone Foundation – 2013 Annual Report  

The Steppingstone Foundation will change the lives of 1,600 kids this year. With your support, we run college-access programs in underserve...

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