Life. Transforming. Gifts. 2020 ANNUAL REPORT OF GIVING
Steppingstone envisions a more just and equitable world where all students can actualize the life-transforming benefits of a college degree. Approved by the Board of Directors in 2020, a new vision crystallized the aspirations of the entire Steppingstone community.
PROFESSIONAL PHOTOGRAPHY: SAM MOODY, TRÉA LAVERY, AND JOSEPH LEE
from the board chair
GIFTS FROM THE HEART
I want to thank you from the bottom of my heart—thank you all—for being there for Steppingstone. Amid these uncertain times, your support has sustained and inspired us. It has meant the world to me. As a community, we have so much to celebrate and be grateful for: extraordinary Scholars and families, amazing staff, dedicated board members and volunteers, and passionate Alumni. And you, our supporters. In the pages that follow, we look back to celebrate the difference you made in fiscal year 2020. The year bridged two very different realities, beginning with the seeming limitless possibilities of 2019 and ending with the heightened sense of anxiety and vulnerability of 2020. In those last months that academic year, as the far-reaching consequences of COVID19 came into focus, I saw with even greater clarity the promise that Steppingstone stands for and delivers. Every year, along with showing your steadfast belief in our mission, your gifts have a direct impact on all facets of our work. In giving, you help us serve over 1,500 students and their families. At the same time, you support our efforts on the national front, building connections and lifting up best practices for enhancing college access and success. Given all of the challenges—especially those faced by historically marginalized communities—what we’re providing is more essential now than ever. In a recent profile, one of our extraordinary Scholars made that point beautifully. Now a high school senior, she spoke about her commitment to “give my all” in school and life, a lesson she’d taken to heart from her late grandmother. Early on, Steppingstone helped her to imagine a brighter future. Next fall, she’ll become the very first in her family to go to college. “Steppingstone has my heart,” she said. Again, thank you for being part of our Steppingstone family. With your support, it’s exciting to imagine all that we can achieve together. I know amazing things are ahead.
ISABELLE LORING, BOARD CHAIR
1
Isabelle Loring
from the president
“KINDNESS AND GENEROSITY”
As I think about how to express what your gifts meant to Steppingstone in 2020, I find myself coming back to the words of one of our amazing Alumni. I cherish his note of thanks, graciously sent to me in reply to a community “thank you” message from me. He wrote in part to share what it means to him to be the beneficiary of “so much kindness and generosity from some truly incomparable human beings.” His deepest wish: to one day pass on that generosity to as many people as possible. “I love the concept of paying it forward,” he concluded. He’s one of thousands of participants of the life-transforming programs made possible by your own generosity. Your investment helps to support more than 1,500 Scholars and their families through 12+ years of academic, social-emotional, and college-readiness services crucial to navigating their paths to college graduation. This and every year, we share this annual report with you to express our enduring gratitude. It’s one more way to give thanks to you for being part of the Steppingstone family. We truly cannot do this work without you. The honor roll at the heart of this publication celebrates the extraordinary generosity shown by you and fellow donors in fiscal year 2020, the period of July 2019 through June 2020. With our 30th anniversary on the horizon, it was a vitally important year of looking back and ahead. Immersed in a comprehensive strategic planning process, we examined everything from our mission statement to program structure and services. We were excited and energized by the opportunity to take a deep dive into what we do well and what we can do better. As always, your gifts had an extraordinary impact. In this moment, the visionary work of Steppingstone has never been more needed. If anything, 2020 has affirmed we cannot stop in our quest for a more just and equitable world. That will keep driving us. Today, in a world so urgently in need of hope, healing, and change, the more than 1,500 Scholars represent a brighter future. Their achievements represent hope to their families, to their communities, and to generations of students to come. Thank you for your “kindness and generosity” and for all you do to make Scholars’ dreams of college a reality.
KELLY GLEW, PRESIDENT
2
Kelly Glew
3
THIS GIFT LIST REPORTS ON THE 12-MONTH PERIOD FROM JULY 1, 2019 – JUNE 30, 2020. SYMBOLS DENOTE DONORS WHO HAVE MADE GIFTS FOR AT LEAST: 20 YEARS 10 YEARS • 5 YEARS
donors
★
LIFETIME GIVING OF $1 MILLION AND ABOVE
★
Anonymous Anonymous(2) Anonymous Lloyd G. Balfour Foundation, Bank of America, N.A., Trustee Amy Smith & John G. Berylson Karen & Brian Conway Peggy & Dick Danziger Betsy & Michael P. † Danziger Medha Sinha & Bart Epker Charles Hayden Foundation Isabelle & Ian Loring One8 Foundation Kimberly & James Pallotta Richard and Susan Smith Family Foundation Richard Smith, John G. & Amy S. Berylson & James Berylson, Jonathan Block & Jennifer Berylson Block, Robert Katz & Elizabeth Berylson Katz, Robert & Dana Smith, Debra S. Knez, Jessica Knez & Andrew Knez
∆
∆ ★
★ ★
∆
∆
★
★ ∆
∆
FOUNDERS' CIRCLE $100,000+
★
Anonymous Anonymous∆ Mrs. Leonard Block† Karen & Brian Conway Medha Sinha & Bart Epker Isabelle & Ian Loring∆ One8 Foundation∆
★
★
"I take advantage of everything Steppingstone has to offer. If I give my all, the sky's the limit." —Alondra Padilla '21
★
∆
∆
PRESIDENT'S CIRCLE $50,000 – $99,999
★
Anonymous Anonymous(2) Bain Capital Children's Charity LTD Lloyd G. Balfour Foundation, Bank of America, N.A., Trustee Josh & Anita Bekenstein Charitable Fund Amy Smith & John G. Berylson The Boston Foundation Denise Jefferson Casper • The Samuel Freeman Charitable Trust Debbie & Keith Gelb Kate & Tom Gilbane Kaia & Jonathan Goldstein Pamela Haran & David Godkin Pam & Bill Holding Liberty Mutual Foundation, Inc. The Sheth Sangreal Foundation Wellington Management Foundation • Jenny & Sandy Weymouth/Hess Foundation Lori & Edward Whelan
★
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∆
★
★
∆ ∆
∆
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∆
∆
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★ ∆
Anonymous(2) Anonymous(2) Nancy Adams & Scott Schoen • Kate & Ajay Agarwal • Kristen & James Atwood Deb & Steve Barnes • The Baupost Group, LLC Jennifer & Jonathan Block Susan Jefferson Boney & Paisley Boney • Linda & Mark Borden Johanna & John Boynton •
∆ ∆ ∆
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∆
∆ ★ ★
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★
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LEADER'S CIRCLE $10,000 – $49,999
★
Katie & Don Bramley Florence V. Burden Foundation Julie & Kevin Callaghan Camille & David Carlstrom • The Cedar Street Foundation Melanie & Jason Chiverton • Bill Collatos Erin & Devin Condron • Stephanie & John Connaughton Kerrie & James Coughlin Victoria & David Croll Todd Cronan Peggy & Dick Danziger Dean Welfare Trust, BNY Mellon Trust of New England, Corporate Trustee Deanna & Tony DiNovi Alexis & Chris Egan Fidelity Investments Suzanne & Fabian Fondriest Betsey & Charlie Gifford Merceé & Eric Glew Robert E. Griffin, Jr. Charles Hayden Foundation Julia Ross Henderson & Robert Henderson • Jackie & Blair Hendrix Highland Street Foundation Barbara & Amos Hostetter Hunt Street Fund Abby Johnson & Chris McKown • Char Joslin & Les Cheek Karp Family Foundation Mary Beth & Adam Kirsch The Esther A. & Joseph Klingenstein Fund, Inc. Elizabeth & Sol Kumin Brooke & Conan Laughlin • Lovett Woodsum Foundation Tristin & Martin Mannion Pam & Stuart Mathews Barbara & Richard Melvoin Nancy Pallotta & Peter Monaco
∆
∆ ∆
∆ ∆ ∆ ★
★
†deceased
★ ★ ∆ ★
4
Alison & William Monaghan • Morgan Family Foundation Marion & David Mussafer Dr. Patricia Nilles & C. Hunter Boll Christina Wing O'Donnell & Thomas O'Donnell Dr. Christine Olsen & Robert Small Emily & Drew Pluhar The Plymouth Rock Foundation Kristen & Thomas Roberts Rachel Rock & Joshua Levy Stephanie & Adam Rogers • Ropes & Gray LLP • Annie & Alex Sacerdote • Tricia & Chris Schade Pixley & Ken Schiciano William E. Schrafft and Bertha E. Schrafft Charitable Trust Niraj & Jill Shah Sue & John Simon Richard and Susan Smith Family Foundation Boston Foundation • State Street Foundation, Inc. Hilary & Langley Steinert • James M. and Margaret V. Stine Foundation The Sidney A. Swensrud Foundation • TJX Foundation • Amy & John Weinberg
∆
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★
★
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∆ ∆
★ ★
★ ★
★
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SCHOLARS SOCIETY $5,000 – $9,999
∆
Anonymous Fiona & James Benenson • Leslie Jeng & Jon Biotti Marina & Walter Bornhorst Bushrod H. Campbell and Adah F. Hall Charity Fund Constance B. Coburn & James DeK. Houghton Frederick M. & Lucy C. Danziger
★
★
∆
∆
Stacylyn & Michael Doore • East Boston Savings Bank Charitable Foundation Sandra & Paul Edgerley The EganWood Foundation Abigail & Mark Goodman • Jonathan Kubert Linda & Andy McLane Northern Trust • Gerson Pakula • Emily & Michael Phillips Susan Littlefield Roper & Martin Roper The Richard Eric Rosenberg Foundation Maggie Seelig Virginia Shannon Jennifer & Seth Stier Paige & Rick Sutphin • Kerry & Brendan Swords • Suzie Tapson & Gordon Burnes The Craig B. Tate Foundation • Naomi Weinberg & Ted Berk Ed Zuker
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★
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★
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BENEFACTORS $1,000 – $4,999
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Anonymous(3) Anonymous Papri Sarkar & Neeraj Agrawal Nichole & Richard Aldrich/ RA Capital Associates Anju Nohria & Bharat Anand • Joanne Jacquet Araujo '98 & Alcy Araujo • Earlene & Danilo Avalon Bank of America Corp. Molly & Matthew Bechtel Belmont Hill School Tricia & Fred Bentley Berkshire Bank Nancy & Todd Bland Mr. & Mrs. James A. Block
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∆
★
"From Steppingstone to Winsor to Tufts, I learned to speak up and out, and to do so authentically in a way that’s true to my identity." —Maia Raynor ’05
Kathyrn & Fred Borges Kate & Chuck Brizius Bobbi Brown as Beauty Evolution Susan Okie Bush Robert J. Carpenter Elizabeth & John Carroll Carlos Castillo '94 • Liz & Arnold Chace Susanne & Vincent Chiang • Tara & Greg Ciongoli Mary Jane and Glenn Creamer Heidi & David Crean Cummings Foundation • Betsy Danziger • James Danziger Lindsay & Kristen Deane • Makenzie & Daniel Domb • Lorna Doran & Bruce Breimer Nathalie & Jean-Francois Ducrest Christensen-Dunn Early Foundations Fund Betsy & Rick Edie Gretchen Effgen & Anthony Schweizer Courtney & Timothy Egan • Emerson Griffin Toring Private Foundation Lee & Jack Englert Alfred Fichera The Fish Family Foundation John Fisher Valerie & Doug Fleishman Catherine Gamble Brittney & David Gammell Rebecca & Michael Gamzon
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★
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★
∆
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★
★
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†deceased
5
Jennifer & Jeffrey Gandel Bertha & Kyle Gardner Kelly & Michael Glew Greenhill Family Charitable Fund • Liz & Art Greenwood • Hather Hawes & David Dwyer Julia & Peter Johannsen Susan & Brian Kavoogian Erin & Hyung-Do Kim The Knox Family Donor Advised Fund • Hillary & Adam Kocoloski Dana & Jon Lewis Shari Loessberg & Christopher Smart Kate Lubin & Glen Sutton Jeremy MacDonald Laurel & Zachary Martin/ The Martin Foundation • Maryellen & Hugh McLaughlin Katie & Mark McWeeny • Milton Academy • Lois & Doug Mizzi Kelley Murphy Nicole & Terry Murray Nashoba Brooks School of Concord • Jessica Nigrelli Noble and Greenough School • Adrian Obleton Kim & Greg Pappas • Alexandra & Troup Parkinson Allison & Stephen Pellegrino People's United Community Foundation • Rebecca & Kenneth Phillips Stephanie Pinder-Amaker & Tommy Amaker Emilie & Richard Powers • Nyla & Spencer Raymond Sarah & Quentin Reynolds Patty Ribakoff
★
∆ ∆
∆
★
∆
6
∆
Virginia & John Ritchie • Debby & Joseph Robbins Ann & Anthony Ryan Janelle & Patrick Ryan Wiliam Saltonstall Marla & Terry Sanford Jeanne & Bob Savitt C.B. Scherer Jessica & Jeff Scherer Rhoda Schneider & Michael Marshall Tara & Dean Seavers Rachel Segall & Tony Hurley The Shane Foundation Stefani & Leonard Shavel Brent Edward Shay Hope Sidman, Matthew & Lori Sidman, & Paula L. Sidman Brooke Sikora & Lars Gehre Esther Simon Charitable Trust Anna Sinaiko & Joshua Klevens Richard, Ann, John & James Solomon Foundation Michael St. Lawrence Jill & Michael Stansky Zoe & Bradford Stoesser • Jim & Cathy Stone • R H Sutphin Family Foundation Jo & Rahul Swani Lisa & Patrick Taffe • Thayer Academy Susan & Michael Thonis • Julie Tremblay & Ryan Oldham The William B. and Anngenette G. Tyler Family Foundation Bennett Varney Catherine & Scott Webster • Ann & Hamilton Wood Raymond Wu Claire Zar-Kessler & Joe Goldman
★
★
∆
★
★
★
∆
★
★ ∆
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ADVOCATES $500 – $999
∆
Anonymous(2) Diana & Henry Asher Devin & Dennis Baker James & Maureen Baker Robert P. Ball Anna & Jim Beakey Belmont Day School Marjorie & Robert Bland • Martha & Jeffrey Blue Boston College High School • Cindy & Warren Burroughs, Jr. Shirley & Eugene Buzderewicz Jane Carroll Yully Cha & Chris Leonardi • Sara Cornell Hope & Louis Crosier Dana Hall School David M. Danziger Dedham Country Day School Dexter Southfield School Laurie B. Donahoe Jennifer & John Eielson Karen Gill & Chris Elliot Amanda & Ben Farrer Fay School • Sara & John Fox Michael Goldsmith Susan Halby • Harvard Pilgrim Health Care Foundation Dan Hostetter Skip Hughes & Barry Tubman Mary Lee Jamieson • Joan & Stephen Kelly Mr. & Mrs. David S. Lee Nick Margitza The Meadowbrook School of Weston •
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7
Victoria Moskowitz & Lee Glickenhaus Dyan Goodwin & Rob Serio • Museum of Fine Arts, Boston Julie Mussafer Newton Country Day School • Anson Notman Linda & Whit Painter • The Park School Sarah Pelmas & Matt Eddy Edward Pena Dan Salera Kelly & Oliver Segal Shady Hill School • Rachel Skerritt Geula & Josh Solomon St. Sebastian's School • Elizabeth & Craig Summers Sarah & James Treco Diana & Ralph Vogel • Alexandra & Dix Wheelock The Winsor School • Alexis Wintersteen Abby & Doug Wolfson Elizabeth & Robert Wood •
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PATRONS $250 – $499 Anonymous Pam & Bear Albright • Nancy Allison Carolyn Attenborough Bryan Baldwin Kathryn & John Boger Ralph Bouquet Liese & David Brown Katie & Paul Buttenwiese Rachel Casseus Spencer Catani Alison & James Connolly • Carol & Robert Diadamo Ashley Diaz '02 • DiSanto Design Jen & Mark Dolins Gale & Donald Druga • Nicholas Fok • Beth Friedman • Joshua Friedman Tyler Gaccione Lynne & Robert Golden •
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★
8
∆
Anne Harvey & Don Kilburn Danielle & Andre Heard Rachel Hershfang & Wes Williams Joan Howland & William Webber Julie Joyal & Paul Reville Edward M. Kennedy Institute for U.S. Senate Ingrid G. Larson & William T. Lynch Courtney & John Lawrie • Kate & Judge McKee Laura & Halsey Morris Philip Moser Amy & Greg Mueller Rebekah Perez '07 Sylvia & Chris Perry The Pingree School Darian Reid-Sturgis '99 • Brian Ritter Jeremiah Sharf Kirsten & Andrew Shilling Mark R. Simmons, Jr. David St. Lawrence Robert A. M. Stern Mark Strabo Jillian Sullivan Lynne Mooney Teta & Anthony Teta • Nancy Ullman Jenn Welch & Brandon Odom Jean & Chris Wilmerding Susan Wilson •
★
★
∆
★
FRIENDS Up to $249
∆
Anonymous(6) Anonymous Lois Abdulai '93 & Emmauel Abdulai • Diane N. Adjetey-Blakes '96 Kelsey Albright Amazon Smile • Danyelle Antone '01 Jane & Steve Armstrong Bobbe Jacobson Charitable Fund Hans-Peter Biemann Mary Bland Jason Bourgea Suzanne Brailey Abigail Bunting Burbs to Boston Danielle Bynoe '04 • Anamaria & Carlos Camargo Ellen & Jeff Campbell • Courtney Camps Porter Carbajal Catherine Carter CB Hingham LLC Melissa Centeno '02 Bruce Chafee Ciara Chivers Robert Clagett Amy and Dan Coakley Jane Codman Daniella Colombo '06 Lillian Coury Jason Covy Karen Craun Katie & James Crawford
∆
∆
"Steppingstone will open doors for you that you didn’t even know existed."
★
∆ ★
—Darian Reid ’99
Katie Danziger & Steven G. Horowitz Sedna Darkey Marjorie DeAngelis Sloane DeAngelis Emily & Michael Denning • Kelly Dennis Charles Devens III • Alyssa DiBona Paula Dickinson Dope Promotions LLC Caroline Downs '05 Tim Doyle Mary Driscoll & Luke Hill • Karen Dull Dean Ebozue '04 Anne & Jeff Elton Sharon & Stephen Engler Isabelle Farrar Tobey & Mark Fidler Michael Flaherty Maria E. Flores • L. Gardiner Linda & Steven Gecha Joseph Giangrasso Alexander Gianis Robyn E. Gibson '00 • Eleanor Gilbane Shaina Gilbert '00 Ashley Goliti-Chase Sebastian Gomez Colleen M. Granahan & Daniel Field • Pat & Chris Greeley • Craig Groves '00 Katherine Gudiel Elizabeth Gutay
∆
∆
∆
★
GWC Partners Charitable Fund Benjamin Hack Liz & Andrew Hahn Leslie & Mike Hammer Emily Hanna Baron Hartley Robert Hayes Marcus Haymon '95 • Tamara & Peter Hermann Lisa & Matthew Hills Alicia Horwitz Dalinda Ifill-Pressat '99 • Sandra Intinarelli Sufia & Yasin Jamal • Darlene Jeanty '02 Mary & David Johanson Roudna Joseph '03 • Deb Jospin Rebecca Kang Joy Kogut '96 • Janet Kouroubacalis Sarah Lambert Holly Lange Laura & Brian Lavoie • Michael Lawler Eliza Levy Tyrone Li '06 Felix Liang '06 • Tracy Look Colin Mackintosh Rafael Maia Michael Malouf Francine & Allen Maltz • Shari Malyn & Jon Abbott Porter & Peter May Tyler McCollough Niklas McHugh Donald Medor '01 Maggie Moran Peter A. Mullin Suna Murray Jack Murrel John & Marianne Nelson Monique & David Nerrow • Jennifer Ngo '07 Cynthia Nguy '97 & Ogundele Temitope Wendy Nicolas
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★
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★
∆
∆
∆
Troy Norris Olivia Nunez Thomas L. P. O'Donnell Shannon O'Malley Enya O'Riordan Monisola Onikoro Anna Ozols & Richard Geoghegan Carlos Pacheco '96 & Evelyn Guir • Noah Parker Ramon Pascual '01 Kaitlin Barry Pellerin '96 & David Pellerin • Laura Peters Karen Pick Marynee Pontes '05 Alissa & Greg Pool • Julie & Michael Posternack • Pedro Pouriet '09 Raven Rankine '05 Taylor Redd Megan Riley '04 • Lamarr Rollins '99 • Gary Russell Mimi & Tom Rutledge Elizabeth Saltonstall Joanna Saltonstall Stephanie & Tom Saltonstall Chris Sanborn Lilly Scott Mark Selby Caroline Seroussi Jake Seroussi Mohammed Sirgae Nancy Skinner Christian Smith Janet Smith & Ted Martellini • Erin Spencer Bradley Steere Kimberly Stephenson '06 Trina & Newcomb Stillwell • Clare Sullivan Yvonne Dabreo Swaim '95 & Bryan Swaim • Eric Swirsky Ada Tadmor Kerry & John Tavernese •
∆
★
9
Sofia Teixeira '94 Mark A. Tracy Elizabeth & Richard Tucker VIA Global Advisors, LLC Tran Vu '00 • Elizabeth Ward • Peggy & Michael Weymouth • Marilee Wheeler Robert Whirty Michael Wilmot Brandon Wilson Evitt & Steven Evitt • Tiffany Xie '07
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∆
★
ALUMNI GIVING We are so grateful for the generous support of Steppingstone Alumni. Lois Abdulai '93 & Emmauel Abdulai Diane N. Adjetey-Blakes '96 Danyelle Antone '01 Danielle Bynoe '04 Carlos Castillo '94 Melissa Centeno '02 Ashley Diaz '02 Caroline Downs '05 Dean Ebozue '04 Robyn E. Gibson '00 Shaina Gilbert '00 Craig Groves '00 Marcus Haymon '95 Dalinda Ifill-Pressat '99 Joanne Jacquet Araujo '98 & Alcy Araujo Darlene Jeanty '02 Roudna Joseph '03 Joy Kogut '96 Tyrone Li '06 Felix Liang '06 Donald Medor '01 Jennifer Ngo '07
Cynthia Nguy '97 & Ogundele Temitope Carlos Pacheco '96 & Evelyn Guir Ramon Pascual '01 Kaitlin Barry Pellerin '96 & David Pellerin • Rebekah Perez '07 Marynee Pontes '05 Pedro Pouriet '09 Raven Rankine '05 Darian Reid-Sturgis '99 Megan Riley '04 Lamarr Rollins '99 Julian Sayles '94 Kimberly Stephenson '06 Yvonne Dabreo Swaim '95 & Bryan Swaim Sofia Teixeira '94 Tran Vu '00 Tiffany Xie '07
MULTI-YEAR GIFTS (cont'd)
MULTI-YEAR GIFTS
Peter H.O. Claudy Visual Thinking Strategies
Anonymous Lloyd G. Balfour Foundation, Bank of America, N.A., Trustee Linda & Mark Borden Julie & Kevin Callaghan Bill Collatos Karen & Brian Conway Kerrie & James Coughlin Cummings Foundation Debbie & Keith Gelb Kate & Tom Gilbane Karp Family Foundation Liberty Mutual Foundation, Inc. Nicole & Terry Murray Rachel Rock & Joshua Levy Tricia & Chris Schade The Sheth Sangreal Foundation
The Berylson Family Academy @ Steppingstone In recognition of the Berylsons' long-time dedication to Steppingstone, the six-week summer preparation component has been named in their honor. Richard and Susan Smith Family Foundation: Richard & Susan Smith, John & Amy S. Berylson & James Berylson, Jonathan Block & Jennifer Berylson Block, Robert Katz & Elizabeth Berylson Katz Robert & Dana Smith, Debra S. Knez, Jessica Knez & Andrew Knez
This fund supports Steppingstone's Visual Thinking Strategies Curriculum The Claudy Family
The Hope Scholarship To provide last dollar scholarship funding to Scholars in college Pamela Haran & David Godkin
TSF Collegiate Scholar Fund To provide last dollar scholarship funding to Scholars in college Anonymous
"At Steppingstone, I had a cohort of people dedicated to investing their time, knowledge, and enthusiasm in my development." —Jefferson Veillard '12
10
11
MATCHING GIFTS Steppingstone would like to thank the following corporations for their matching gifts: Abbott Labs Adobe Systems Incorporated Bank of America Foundation The Baupost Group, LLC Blue Cross Blue Shield of Massachusetts, Inc. FactSet Genentech, Inc. Liberty Mutual The Plymouth Rock Foundation Price Waterhouse Coopers LLC Richard and Susan Smith Family Foundation UBS Foundation USA Wells Fargo Foundation
GIFTS IN HONOR Gifts were made to Steppingstone in honor of the following individuals and organizations: Brian Conway Michael P. Danziger† Fabian Fondriest Gabrieli Family Lucy Galbraith Isabelle Loring Mary Phillips Pixley Schiciano Sophia Teague Christina Wing-O'Donnell Andrea Zilla
GIFTS IN KIND
Frost Lighting Fairmont Copley Plaza Hotel, Boston Peak Events Winston Flowers
†deceased
12
NPEA We are grateful to the following organizations for their support of Steppingstone's National Partnership for Educational Access: A Better Chance American Student Assistance Boston College Bridge to Enter Advanced Mathematics Brooke Charter Schools Brown University Buffalo Prep Cate School Yully Cha Chicago Scholars Church Farm School Coalition for College Community Partnership School Cristo Rey Jesuit High School Daniel Murphy Scholarship Fund Design Group International Duke University Talent Identification Program (TIP) Education Collaborative of Western New York EganWood Foundation Enquiry Evaluation Gateway Public Schools Horizons National Jack Kent Cooke Foundation Johns Hopkins Center for Talented Youth Kate & Tom Gilbane Koya Leadership Partners Linda Borden MEFA Milton Academy NAIS National Association for College Admission Counseling National Association of Independent Schools National Network of Schools in Partnership National Summer Learning Association
New Jersey SEEDS Noble and Greenough School Oliver Scholars Partnership for Success! Phillips Academy Phillips Exeter Academy Prep@Pingree at Pingree School Private Schools with Public Purpose Reach for Excellence Root Cause Rutgers University - New Brunswick Schuler Scholar Program St. Mark's School Syracuse University Summer College The Achieve Program/Nobles The Boston Foundation The Charles Hayden Foundation The College Board The Common Application The Enrollment Management Association The Malcolm Coates Prep@Pingree Program at Pingree School The Roxbury Latin School The Wight Foundation Tufts University University of Michigan University of Pennsylvania Washington University in St. Louis Wentworth Institute of Technology Williams College Yale Young Global Scholars
"The greatest gift that Steppingstone ever gave me was confidence. It opened so many doors." —Laniesha Gray ’00
the michael p. danziger teaching fellowship WITH THIS FELLOWSHIP, WE HONOR ONE OF STEPPINGSTONE'S FOUNDERS, MIKE DANZIGER, BY DEVELOPING TEACHERS—THE ONES WHO DRIVE CHANGE EVERY DAY AND WHO HELP MAKE STEPPINGSTONE SO DEEPLY, INDIVIDUALLY IMPACTFUL.
Diana & Henry Asher David M. Danziger Frederick M. & Lucy C. Danziger Katie Danziger & Steven G. Horowitz Laurie B. Donahoe Lorna Doran & Bruce Breimer Alexander Gianis Laura & Brian Lavoie Tyrone Li '06 Donald Medor '01 Kaitlin Barry Pellerin '96 & David Pellerin Emilie & Richard Powers Janet Smith & Ted Martellini Tracy & William Ullman Catherine & Scott Webster
The Michael P. Danziger fund supported the following Summer Teaching Interns, who worked with young Scholars and learned from veteran teachers: Kene Aniagboso MCPHS University Claudette Bautista Lesley University Nicholas Correia Brown University Victoria Livingston Boston College Danes Mathew Tufts University Donavan Payne Tufts University Jessica Pires Boston College Annie Rozewski Bucknell University Omar Washington Berea College
the brian j. conway fund for scholars HONORING LONG-TIME BOARD CHAIR BRIAN CONWAY, THIS FUND HELPS ADVANCE OUR MISSION BY ENSURING OUR LONG-TERM FINANCIAL SUSTAINABILITY.
Anonymous(2) Julie & Kevin Callaghan Bill Collatos Karen & Brian Conway Rachel Rock & Joshua Levy Sue & John Simon
Brian J. Conway 13
steppingstone gala THANKS TO OUR GALA SPONSORS FOR FY2020
$100,000 SPONSORS Kate & Tom Gilbane Isabelle & Ian Loring
$50,000 SPONSORS
Anonymous(2) Amy Smith & John G. Berylson Denise Jefferson Casper Karen & Brian Conway Debbie & Keith Gelb Kaia & Jonathan Goldstein
$25,000 SPONSORS
Deb & Steve Barnes Susan Jefferson Boney & Paisley Boney Bill Collatos Erin & Devin Condron Kerrie & James Coughlin Sandra & Paul Edgerley Fidelity Investments Pam & Bill Holding Abby Johnson & Chris McKown Marion & David Mussafer Ropes & Gray LLP Sue & John Simon Hilary & Langley Steinert The TJX Companies, Inc.
14
$10,000 SPONSORS
Anonymous(2) Nancy Adams & Scott Schoen Katie & Don Bramley Melanie & Jason Chiverton Todd Cronan Makenzie & Daniel Domb Suzanne & Fabian Fondriest Betsey & Charlie Gifford Virginia Shannon Jackie & Blair Hendrix Char Joslin & Les Cheek Brooke & Conan Laughlin Kate Lubin & Glen Sutton Barbara & Richard Melvoin Northern Trust Dr. Christine Olsen & Robert Small The Plymouth Rock Foundation Rachel Rock & Joshua Levy Annie & Alex Sacerdote Tricia & Chris Schade Pixley & Ken Schiciano Jenny & Sandy Weymouth/ Hess Foundation
15
STATEMENT OF FINANCIAL POSITION
For the twelve months ended June 30, 2020
ASSETS
CURRENT ASSETS Cash and cash equivalents Investments Current portion of accounts and pledges receivable, net Prepaid expenses and other Total current assets
INVESTMENTS PLEDGES RECEIVABLE, net of current portion & discount PROPERTY & EQUIPMENT, net DEPOSITS Total assets
$1,509,285 599,000 740,384 47,699 2,908,060 2,999,528 1,248,810 96,769 107,854 7,361,021
LIABILITIES & NET ASSETS CURRENT LIABILITIES Accounts payable, accrued expenses and other Refundable advances Deferred revenue Total current liabilities
$195,619 182,000 88,323 465,942
NOTE PAYABLE
547,200
DEFERRED RENT
196,036
Total liabilities
1,209,178
NET ASSETS Unrestricted Operating Board Designated: BJC Fund for Scholars Property and equipment Total unrestricted Total restricted Total net assets Total liabilities and net assets 16
361,203 1,914,521 96,769 2,372,493 3,779,350 6,151,843 7,361,021
STATEMENT OF ACTIVITIES & CHANGES IN NET ASSETS For the twelve months ended June 30, 2020 OPERATING REVENUE AND SUPPORT Fundraising events Less - cost of direct benefit to donors Net fundraising events revenue
UNRESTRICTED
$1,039,822 (114,761) 925,061
RESTRICTED
$.
TOTAL
-
$1,039,822 (114,761) 925,061
Contributions and grants Conference Membership income Other income Interest and dividend income In-kind revenue Net assets released from restrictions: Satisfaction of time restrictions - events Satisfaction of time restrictions - other Satisfaction of purpose restrictions
2,648,822 114,401 141,222 85,914 50,991 36,900
975,761 -
3,624,583 114,401 141,222 85,914 50,991 36,900
531,727 226,634 307,934
(531,727) (226,634) (307,934)
-
Total operating revenue and support
5,108,442
(90,534)
5,017,908
2,184,703 918,042 381,018 -
-
2,184,703 918,042 381,018 -
3,483,763
-
3,483,763
634,392 796,515
-
634,392 796,515
Total support services
1,430,907
-
1,430,907
Total operating expenses
4,914,670
-
4,914,670
193,772
(90,534)
103,238
35,760 54,760 90,524 284,296
(8,980) 33,000 158,188 144,372 53,828
(8,980) 68,760 211,952 -234,896 338,134
NET ASSETS, beginning of period
2,088,197
3,725,512
5,813,709
NET ASSETS, end of period
2,372,493
3,779,350
6,151,843
OPERATING EXPENSES Program services: The Steppingstone Academy College Success Academy National Partnership for Ed. Access Replication Total program services Support services: General and administrative Development
Change in net assets from operations OTHER REVENUES (EXPENSES) Endowment contributions Capital grant Investment returns Cancelled pledges Total Other Revenue (Expenses) Changes in net assets
17
BOARD OF AMBASSADORS NANCY ADAMS
HEIDI CREAN
ALISON MONAGHAN
PAMELA ALBRIGHT Brooks School
JAMES DANZIGER The Riverside Company
DREW PLUHAR
ERIC ANDREW ’94 OffrBox.com
BETSY & RICK EDIE Dedham Country Day School
ANNIE & ALEX SACERDOTE
NGOZI ANIDI ’98 McCormick & Co.
BART EPKER
MATT SANTANGELO BNY Mellon
JEFFREY BARBER TA Associates
BRITTNEY GAMMELL BETSEY GIFFORD
RACHEL ROCK
PIXLEY SCHICIANO, CO-CHAIR Boston Ballet Company
JULIE BARRON CIBC
JEN HAWKINS Jen Hawkins Events
SUSAN BONEY, CO-CHAIR
BLAIR HENDRIX Bain Capital
LINDA BORDEN
ALLISON JOHNSON Allison Johnson Design
RACHEL SEGALL The Wellness Room
CHAR JOSLIN & LES CHEEK
VIRGINIA SHANNON
KASEY KAUFMAN
BRENT EDWARD SHAY Wells Fargo Capital Finance
KATIE BRAMLEY CHUCK BRIZIUS 1251 Capital Group LLC DAVID CARLSTROM Carlstrom Pressed Metal
GORD KLUZAK Goldman Sachs & Co.
SUSANNE CHIANG
BROOKE LAUGHLIN
MELANIE CHIIVERTON
KATE LUBIN
ERIN CONDRON
ANTHONY MATHIEU ’02 Boston Latin Academy
JAMES COUGHLIN Fidelity Investment
ANTHONY SCHWEIZER UBS Private Wealth Management KELLY SEGAL
ROB SMALL Berkshire Partners LLC SOFIA TEIXEIRA '94 ANNIE WEINBERG Alexander Twilight Academy DOUGLASS WILLIAMS Chef/Owner of MIDA
BOARD OF YOUNG PROFESSIONALS SANJAY ACHAR Seacoast Capital Partners
KATHLEEN DA SILVA Education First
ANSON NOTMAN TA Associates
ASHLEY ANDRADE Deloitte & Touche LLP
SOPHIA DISERIO Fidelity Capital Markets
ADRIAN OBLETON Turbonomatic
CAROLYN ATTENBOROUGH, CO-CHAIR Fidelity Investments
JASMINE HOUSTON St. Stephen's Episcopal School
TAYLOR REDD Notre Dame Academy
AMY HUANG Berkshire Partners
MEGAN RILEY ’04 J.D. Candidate at Northeastern Law
MCKENZIE JONES Mellon Investments
ELIZABETH SALTONSTALL TRIAD Trust and Remote Harbor
DERRICK BESSAOUD Indigo Ag KARA BURNS Fidelity Investments DANIELLE BYNOE-FARID ’04 NTT Data Services DIANA CHAVES ’05, CO-CHAIR Boston Public Health Commission DEREK DASILVA '09 Bain & Company
FELIX LIANG Teach for America ELIZA LORING 406 Ventures URSULA MUNGER Fidelity Investments
CHRISTINA SIMPSON
The Law Office of Christina Simpson, Esq.
CUSAJ THOMAS Goodwin Proctor JOHN VAN ALLEN Bank of America LUKE VON MAUR HarbourVest Partners
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"In this moment, the visionary work of Steppingstone has never been more needed. If anything, 2020 has affirmed we cannot stop in our quest for a more just and equitable world. That will keep driving us. " Kelly Glew, President
THE STEPPINGSTONE FOUNDATION ONE APPLETON STREET, 4TH FLOOR BOSTON, MA 02116
@steppingstonefoundation @steppingstone90 /steppingstonefoundation www.tsf.org 617-423-6300
THIS REPORT IS ACCURATE TO THE BEST OF OUR KNOWLEDGE. WE SINCERELY APOLOGIZE FOR ANY ERRORS OR OMISSIONS. THE STEPPINGSTONE FOUNDATION IS COMMITTED TO A POLICY OF EQUAL TREATMENT OF ALL INDIVIDUALS.
THE STEPPINGSTONE FOUNDATION ONE APPLETON STREET, 4TH FLOOR BOSTON, MA 02116
@steppingstonefoundation @steppingstone90 /steppingstonefoundation www.tsf.org 617-423-6300
THIS REPORT IS ACCURATE TO THE BEST OF OUR KNOWLEDGE. WE SINCERELY APOLOGIZE FOR ANY ERRORS OR OMISSIONS. THE STEPPINGSTONE FOUNDATION IS COMMITTED TO A POLICY OF EQUAL TREATMENT OF ALL INDIVIDUALS.