2013
Annual
Report

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Every step of the way,
The Fund for Public Schools is helping prepare NYC’s public school students for college and careers.
Scroll to discover how public-private partnerships have made a difference.

FirstStepNYC at PS/IS 41

Early childhood education can unlock long-term potential: studies show that children enrolled in quality preschool programs are more likely to graduate high school and earn a higher income, and less likely to get in future trouble with the law.1
5=500
Over the next five years, more than 500 of our youngest learners will have access to FirstStepNYC’s comprehensive services.
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FirstStepNYC, an early childhood center located at PS/IS 41 in Brownsville, Brooklyn, launched as a public-private partnership in 2013. It provides full-day, year-round early care and education. Every family is assigned a family support specialist and has access to an enriching, play-based curriculum for their children and workshops on topics like health, financial literacy and home safety.
An Early Childhood Leadership Institute at the site will train more than 1,000 educators.

Family Reading
Nights

Five thousand families from 71 elementary schools participated in a series of fun, hands-on workshops to learn strategies for reading with their children and building early literacy skills.
5,000 Families, 71 Schools
Because building a home library and sharing favorite stories with the whole family is important, each child received 2 brand new books at every workshop.

NYC Summer
Quest

More than 1,700 elementary and middle school students from the South Bronx participated in this five-week summer program, which combined academic enrichment with all of the fun and friendship of summer camp.
+250 hours
Students gained 250 hours of learning time this past summer so they were ready to roll for the first day of school in September.

That’s good news because studies show that students typically lose skills during the summer vacation. In fact, summer learning loss accounts for roughly two-thirds of the ninth grade achievement gap in reading.2
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Students explored classroom concepts in real world context by taking field trips to museums, the Statue of Liberty and other cultural landmarks; growing their own gardens; camping and hiking; and so much more.
Gardening, Statue of Liberty, Camping Tent, Hiking
App Screen Icon

The iZone’s Gap App Challenge

The Fund continued to support the iZone, the NYC Department of Education’s community of nearly 300 schools that are piloting new strategies and technologies to personalize instruction for every student.
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4 winners out of 200 applicants
4 outstanding apps – from a competitive field of 200 submissions – were chosen as the winners of the district’s first-ever “Gap App Challenge.”
The iZone invited software developers to submit fun and engaging applications, games and other programs to help middle school students excel in math.

Summer
Arts Institute

This tuition-free, month-long summer arts program enables budding student artists to increase their artistic literacy, make connections to community cultural resources and explore careers in the arts.
Art discipline icons
350 students
Approximately 350 rising 8th through 12th grade students received an intensive summer of arts instruction, pursuing
one of seven disciplines: dance, theater, instrumental music, vocal music, film, photography or the visual arts.
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94% of students felt  better prepared to take the next step
Ninety-four percent of participating students said they felt better prepared to audition or present a portfolio for the next step of their arts career. By connecting them with professional artists, studio spaces and peers who are equally passionate about the arts, the program creates a solid foundation for student success.
The Goal? To hone their skills for the next level of advanced study: a specialized high school, college, university or conservatory.

DREAM

The Specialized High Schools Institute

56.5% of DREAM students In the 2012-13 school year, 56.5% of DREAM students who attended 80% or more of the program’s sessions received an offer from a specialized high school, compared to 19.6% of test-takers citywide.
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More than 2,800 middle schoolers
More than 2,800 middle schoolers participated in DREAM, which helped them prepare for the city’s competitive specialized high school admissions exam.
DREAM students sharpen essential math, verbal, problem-solving and critical thinking skills that will serve them in high school and beyond.

Bank of America Career & Technical Education Summer Scholars

More than 60 companies, government agencies and nonprofit organizations.
Scholars gained workforce experience through internships hosted by more than 60 companies, government agencies and nonprofit organizations across New York City.
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120 high school juniors and seniors
This past summer, 120 high school juniors and seniors from Career and Technical Education schools received extra academic support coupled with hands-on internships in fields like information technology, media and advertising.
Scholars also benefitted from workshops led by young professionals on topics like managing their finances, mapping a career path and acing a job interview.

Expanded
Success
Initiative

New York City seeks to dramatically increase the number of black and Latino young men who graduate high school poised for success
in college and careers.
CORE STRATEGIES
Graduate, School, College
Invest in 10,000+ black and Latino young men at 40 high schools that have a successful track record of graduating this population in order to strengthen and improve their practices.

Open new schools based on lessons learned from the group of 40 and replicate effective strategies citywide.

Provide guidance counselors across the city with intensive college advisory training so that they can deliver top-notch assistance to students.

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The Expanded Success Initiative (ESI), with support from The Fund, is pursuing three core strategies to achieve this goal.
Succeeding in the City, a study of black and Latino male high school achievement in the 40 ESI schools, provides key findings about how these young men successfully navigate high school and the transition to college. Succeeding In the CIty

< Academy for Software Engineering >

The Academy for Software Engineering (AFSE) is a new high school that opened in September, 2012, with the goal of putting more students on track for the burgeoning science, technology, engineering and math (STEM) workforce.
17% STEM Job Growth

Over the past 10 years, growth in STEM jobs was three times as fast as growth in non-STEM jobs, and STEM occupations are projected to grow by 17 percent from 2008 to 2018, compared to 9.8 percent growth for non-STEM occupations.3
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450 High Schoolers
When fully enrolled, AFSE will provide 450 high schoolers with innovative courses and internships in software engineering and computer science. These young people are gaining an edge on tomorrow’s job market.

Mentoring

Mentors offered career advice, helped students set goals, provided guidance on schoolwork and the college admissions process and connected their mentees to the city’s cultural resources.
600+ Mentors
More than 600 adults from local business and community organizations served as role models and friends to high schoolers at 30+ schools through the New York City Mentoring Program.
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Scholarships

The Fund administers numerous college scholarships every year to give exceptional seniors the financial boost they need to continue their studies beyond high school. In their own words, our graduates reflect on their educational experiences:
Mentoring Quotes

Common Core

These standards are raising the bar for the knowledge and skills that young people need to master so that they can graduate ready for college and careers. Private funding is helping provide training and instructional resources to equip educators for this monumental shift in instruction.
The Fund helped celebrate New York City's teachers who go the extra mile each and every day for their students. Ten outstanding educators were chosen from more than 2,000 nominations submitted by students, families, schools and the greater community to be honored at the inaugural Big Apple Teacher Excellence Awards.
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1.1 million students and 75,000+ teachers
All of New York City’s classrooms are engaging in rigorous teaching and learning aligned to the tougher standards.
From Pre-K to graduation day, it’s partners like you who keep this incredible momentum going for the city’s students.
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Click here to donate today! Donate!

Financial Report

Statement of Income and Expense
for Fiscal Years 2013 and 2012

  2013 2012
SUPPORT AND REVENUE July 1 - June 30 July 1 - June 30
Contributions and Grants $47,710,374 $21,305,578
Donated Services $758,545 $868,308
Realized and Unrealized Gains on Investments ($931,235) ($62,989)
Interest Income $812,148 $622,757
Total Support And Revenue $48,349,832 $22,733,654
     
EXPENSES    
Grant Expenses:    
   Grants to NYC Department of Education $35,045,901 $25,038,534
Supporting Expenses:    
   Management and General $1,177,399 $1,223,325
   Fundraising $821,038 $593,443
  $1,998,437 $1,816,768
Total Expenses $37,044,338 $26,855,302
     
Increase/(Decrease) in Net Assets* 11,305,494 ($4,121,648)
Net Assets – Beginning of Year 28,143,570 $32,265,218
Net Assets – End Of Year $39,449,064 $28,143,570
Fiscal Year July 1, 2012 to June 30, 2013
In fiscal year 2013, The Fund for Public Schools received contributions of $47.7 million to support initiatives of the New York City Department of Education. Spending for program services was approximately $35 million and supported system-wide initiatives, arts, libraries, scholarships and school-based programs. Contributions received in fiscal year 2013 will continue to support program services in fiscal year 2014.

* Contributions received in prior fiscal years were used for program services in fiscal year 2012. Copies of the complete audited financial statements from which this information was excerpted are available upon request.

Donors


$1,000,000 and above


Anonymous
American Council on Education
Bloomberg Philanthropies
Michael & Susan Dell Foundation
The Diller-von Furstenberg Family Foundation
Bill and Melinda Gates Foundation
GE Foundation
Lower Manhattan Development Corporation
Mayor's Fund to Advance New York City
The Open Society Foundations
The Carroll and Milton Petrie Foundation
The Pinkerton Foundation
The Wallace Foundation

$500,000 - $999,999


Altman Foundation
Laura and John Arnold Foundation
The Leona M. and Harry B. Helmsley Charitable Trust
JPMorgan Chase Foundation
John D. and Catherine T. MacArthur Foundation
National Philanthropic Trust

$100,000 - $499,999


Anonymous
Arnhold Foundation, Inc.
Bank of America
Morton K. and Jane Blaustein Foundation
Booth Ferris Foundation
Ford Foundation
Joel Michael Greenblatt
Hugh L. Adams Charitable Trust
Math for America
The New York Community Trust
New York Life Foundation
O'Melveny & Myers LLP
Qatar Foundation International, LLC
Robin Hood Foundation
The Edith Glick Shoolman Children's Foundation
The Shubert Foundation, Inc.
Solomon Wilson Family Foundation
Target Corporation
Tortora Sillcox Family Foundation
Two Trees Management Company
United Way of New York City

$50,000 - $99,999


Jeffrey H. & Shari L. Aronson Family Foundation
French-American Aid for Children
Peter S. Kalikow
Maximus Foundation
Anthony E. Meyer Family Foundation

$25,000 - $49,999


Catherine & Joseph Aresty Foundation
BNP Paribas
Estate of Dorothy Dall Horowitz
Exploring the Arts
Joyce and Irving Goldman Family Foundation
Grand Kids Foundation
JAINA
The Kaplen Foundation
Beth Kaufman
The Reginald F. Lewis Foundation
MacAndrews & Forbes Holdings, Inc.
Mattel Children's Foundation
Morgan Stanley
Morgan Stanley Foundation
The Overbrook Foundation
Research for Action
Soros Fund Management
Seth Sprague Educational & Charitable Foundation
Wachovia Wells Fargo Foundation, Inc.
Working In Support of Education

$5,000 - $24,999


Anonymous
A|X Armani Exchange
Andrew Abel
AEA Investors LP
Sonia Sung Yu Ahn
Big City Volleyball League
BJ's Charitable Foundation
Blue Ridge Foundation
Citi
Davis Polk & Wardwell LLP
Dedalus Foundation, Inc.
Discovery Communications
Disney Worldwide Services, Inc.
G. Sykes Blakely Memorial Trust
The Gordon Fund
Norma Green Family Foundation
Richard and Peggy Greenfield Foundation
Steve Heller
Home Box Office, Inc.
HSBC Bank in the Community (USA), Inc.
Innova Marketing
Interpublic Group
Jewish Communal Fund
Ezra Jack Keats Foundation
Kinray, Inc.
Joel I. Klein
The Leonard and Evelyn Lauder Foundation
G. Seth Leyman
Joseph E. Liberatore
James C. Linville
Luxottica USA
McCance Foundation Trust
The Moody's Foundation
Cynthia Morales
National Academy Foundation
Abigail Pogrebin Shapiro
Public Broadcasting Service
May Ellen & Gerald Ritter Foundation
Select Equity Group, Inc.
Murray G. & Beatrice H. Sherman Charitable Trust
William E. Simon Foundation
Stop & Stor Charitable Fund
Syracuse University
Teachers College, Columbia University
Teaching Matters, Inc.
Viacom Media Networks/ Comedy Partners
Brett Yormark
Young Professionals Mentoring Program

Board of Directors

As of March, 2014

Carmen Fariña, Chair
Mortimer B. Zuckerman, Vice-Chair
Alicia Glen, Treasurer
Leanne Fremar
Charles H. Googe, Jr.
Grace Hightower De Niro
J. Christopher Kojima
L. Londell McMillan
Dennis Williams

Honorary Director
Caroline Kennedy
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Contact

The Fund for Public Schools partners with business and philanthropy, raising funds and leveraging resources to improve public education. With our partner, the NYC Department of Education, we invest in New York City’s future — its public school students. For more information about The Fund for Public Schools, visit fundforpublicschools.org, email us at info@fundforpublicschools.org or call 212-374-2874.