ANNUAL REPORT. If you are not willing to learn, no one can help you. If you are determined to learn, no one can stop you

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ANNUAL REPORT 2014-2015 If you are not willing to learn, no one can help you. If you are determined to learn, no one can stop you. –Zig Ziglar

TABLE OF CONTENTS Contents 

Letter from Our Executive Director & Chairman



About Us



Our Programs



Board of Directors (Fiscal Year 2014 -2015)



Educational Improvement Tax Credit Program



Corporate Partners



Donors



Independent Auditor’s Report



Contact Information

Chester County Futures Graduation Ceremony Class of 2015!

LETTER FROM OUR EXECUTIVE DIRECTOR & CHAIRMAN

Dear Friends, Chester County Futures continued to serve nearly 300 low-income students in five school districts in the county, and an additional 164 college students. We proudly report a 100% graduation from high school rate for the class of 2015, a graduating class of forty-eight (48); the largest in our history. Among their accomplishments, 95% matriculated to the postsecondary school of their choice and an additional 4% elected to serve our country by enlisting in a branch of the military. In July of 2014, the Philadelphia Foundation awarded Chester County Futures $20,000 in support of our strategic planning process. Over the course of fiscal year 2015, the Board and staff worked alongside our consultants from Fairmount Ventures to craft a plan that would allow Chester County Futures to reach deeper into the communities we serve. The plan addresses these four overarching objectives for the organization: 

  

Develop a continuum of services in each school district that would address the specific needs of low-income students transitioning from middle school to high school and again from high school into college. Build financial sustainability for the organization with new funding initiatives and a reorganized development department. Raise awareness throughout the county in order to attract new corporate partners in support of our programming and volunteerism needs. Address our organizational capacity with defined strategies around board development, and staffing supports through the AmeriCorps VISTA program.

The creation of a new staffing structure provided opportunities for advancement for two internal candidates. Now in her fourth year with Chester County Futures, Marjorie Connor Dawkins, M.P.A. was promoted to Student Programs Manager and eight-year program veteran Kim Dickinson was promoted to Curriculum Manager. Steve Brown joined the organization’s Development

Chester County Futures Annual Report 2014-2015

Department at the end of June as the Community Partnerships Manager focusing on corporate engagement. In response to the support and training from the Phoenixville Community Health Foundation’s Incentive for Endowment, the Fund for Academic Empowerment case statement was presented to select donors; growing our endowment from $100,000 to $270,000 in cash and pledges. Our dedication to our students remains at the core of all we do. Our staff and Board are inspired by their determination to succeed. Eighty-five percent (85%) of our students will be firstgeneration college students, choosing to empower their lives through education. We are proud to encourage them along the way. Activity highlights from the 2014-15 school year include:     

Our high school students participated in corporate site visits to DANSKO, SEI, Siemens, and Wawa, A select group of female students were invited to spend day at Microsoft, sampling new products and attending technology workshops, Students toured the campuses of Cabrini College, West Chester University and Delaware State University, New partnerships with Denison University and Cabrini College yielded two full academic scholarships and one nearly full scholarship for deserving members of the Class of 2015, Over two hundred (200) Chester County Futures students and twenty-five (25) Coatesville Youth Initiative students attended the annual College and Career EXPO hosted by Delaware County Community College

We are deeply grateful to our partners, large and small, for their support of our hard-working students. We continue to mindfully manage our resources to improve our programs and invest in our young people. We promise to continue to be good stewards of your generous donations and thank you for placing your trust in Chester County Futures. Sincerely,

James L. Coyne Board Chair

Maria McDonald Executive Director

Chester County Futures Annual Report 2014-2015

ABOUT US OUR MISSION: Chester County Futures provides comprehensive academic support, mentoring, and scholarships for motivated economically disadvantaged youth to succeed in school, higher education and life.

OUR VISION: Every child in Chester County will be prepared for and have access to the education and supports needed to become a self-reliant, productive member of society.

OUR GOAL: Our goal is to provide our students the college readiness and life skills needed to be self-sufficient and to prosper.

WHERE WE SERVE:    

Coatesville Area School District Kennett Consolidated School District Oxford Area School District Phoenixville Area School District

 West Chester Area School District

OUR STUDENT POPULATION 2014-15: Student Enrollment  193 high school students  112 middle school students  160 post-secondary students

Chester County Futures Annual Report 2014-2015

ABOUT US (CONTINUED) Middle and High School Student Demographics: 3%

1%

15% 41%

40%

Hispanic

Caucasian

African American

56%

Asian

Other

44%

Male

Female

Fifty-one percent (51%) live in households earning less than $27,000 per year, with 22% living on less than $18,000 per year (secondary students).

Student Quote: Chester County Futures means a lot to me. This organization has given me the tools and information necessary to attend a world-renowned University. I would not be here if it was not for Chester County Futures. - Jorge, Futures Class of 2014

Chester County Futures Annual Report 2014-2015

OUR PROGRAMS FUTURES AHEAD – THE MIDDLE SCHOOL PROGRAM Futures AHEAD is designed to provide early intervention to low-income students to set them on the path toward higher education. Multi-year enrichment camps and monthly meetings focus on:     

Academic accountability and success Options in higher education Career exploration 21st century workplace skills Interpersonal skills

PASSPORT TO COLLEGE – THE HIGH SCHOOL PROGRAM Passport to College is designed to equip and empower students for educational and life success through after-school academic enrichment classes and real world learning opportunities. Curriculum includes activities and discussions on relevant, grade-appropriate topics, such as:         

Academic skills SAT preparation and test-taking skills 21st century workplace skills Financial literacy Community volunteerism College selection and application support Financial aid application support Career exploration Technology provision

SCHOLARSHIPS – POST-SECONDARY SCHOOL STUDENTS Once a Futures student enters post-secondary school, they are eligible to receive up to $6,000 in scholarship funds.

PROGRAM RESULTS:  100% of our Class of 2015 graduated high school on-time.  90%+ of our Class of 2015 matriculated to post-secondary school the following school year.  Since 1996, Futures has served over 900 students.

Chester County Futures Annual Report 2014-2015

BOARD OF DIRECTORS (FISCAL YEAR 2014-2015)

James L. Coyne

Board Chairman

Frank J. Cirone

Finance Chairman

Patrick M. Pendergast

Vice Chairman

John Atkinson Terry Brown-Walker Patrick D. Burke Rita Dibble Monica L. Didier Michael F. Ferreri Kelly Huller Richard A. Kienzle

HIGHLIGHTS:  Through our Projectbased learning curriculum, our Oxford 9th grade students created an eBook that supports PA’s Early Learning Standards for Head Start facilities to use throughout Chester County.  In partnership with Chatham Financial, our 7th and 8th grade students created a logo and tagline for our Futures AHEAD program serving middle school students.

Linda L. Lamwers, Ph.D. Marcia Zaruba O’Connor Michael E. Roynan, Esq.

Student Quote: “I have always thrived in school and had a passion

to learn. Futures has helped me pursue this passion. It means so much to me that I can continue to thrive and do what I love. Futures has given me the opportunity to make a better life for myself.” - Sara, Futures Class of 2014

 Through an industry expert, our 11th grade students received in-class individualized aptitude and career assessments to inform their college and career choices.  We had our largest graduating class ever… 49 students!

Chester County Futures Annual Report 2014-2015

EDUCATIONAL IMPROVEMENT TAX CREDIT (EITC) Did you know that Chester County Futures is approved by the Pennsylvania Department of Commerce and Economic Development as an Educational Improvement Organization for our programming related to science, technology, engineering and mathematics? Thank you to our partners contributing through Pennsylvania’s EITC Program:

Chester County Futures Annual Report 2014-2015

CORPORATE RECOGNITION

Chester County Futures Annual Report 2014-2015

DONORS Kerry Acker Aegon Transamerica Foundation Althouse, Martin and Associates Altria Company Employee Community Fund Chris Annas Anonymous Anonymous Anonymous Anonymous Anonymous Aquilante Consulting LLC Dan Ashendolf Barbara Ashenfelter Mary Jo Ashenfelter Daniel Astolfi AT&T John and Sheryl Atkinson John and Gale Bachich Baird Foundation Charlot Barker Ben and Sally Lewensohn Foundation The Beneficial Foundation Bennett Family Foundation Susan Boardman David Bock Leslie Bock Frank Boyle Shannon Breuer Terese Brittingham Raymond Bromley The Brook J. Lenfest Foundation Vincent Brophy, Jr. Margaret Brower Brian Brown Michael Brown Terry Brown-Walker Brumbaugh Wealth Management Services Jeff and Pamela Bryer Bryn Mawr Trust Company

Michael S. and Linda Burg Patrick D. and Patricia Burke Michele Burkholder Chris and Michele Caba Jerry Calone Peg Calvario Maria Campbell Car Group Holdings, LLC, DBA Chip Carlson Jay and Sukie Carpenter CCRES Kalapna Chauhan Christina Chepel Chester County Commissioner’s Office Chester County Community Foundation Chester County Food Bank David Chick Michael Churchill and Tasha Stonorov Anthony and Donna Cianci David and Kathleen Ciccanti Frank and Cindy Cirone Citizens Bank Patti Ciuffetelli Matthew and Wendy Civitella Claneil Foundation Clarence J. Venne Foundation Nancy and Robert Cleveland Danielle Cohn Paul Cominsky Communications Test Design, Inc Anne M. Congdon Marjorie Conner Dawkins Diane Connor Jay Constantine Giselle Cosentino Countryside Consulting James and Nancy Coyne William Coyne

The Cozen O’Connor Foundation Robert H. and Michelle Craven, Jr. Lori Crenny and Mark Sieczkowski Steven and Valerie Croney Wayne Crowther Kell and Katherine Damsgaard Gerry Daney Jim Danna Dansko Foundation The Darden Foundation Team David Miller Associates Martin and Katherine Dempsey Depuy Synthes Rita Dibble Wendy DiCicco Monica L. Didier Dr. David DiGiallorenzo Dominic DiPietrantonio DNB First Dolfinger-McMahon Foundation Kevin Donovan Downingtown Bicycle Ship Gregory and Carol Doyle Michael Duncan Duvall Bus Company E. Murdoch Family Foundation Karen Edwards Elysium Marketing Group Patricia Exley Mary Faddis Fairman Group Family Office Keara Farrelly Christopher A. and Katherine Fazzini David and Linda Fazzini Michael and Kay Ferreri Daniel Fiorella and Jeannine McCullough First Cornerstone Bank First Resource Bank Firstrust Bank Fiserv

Bold: $1,000+ Chester County Futures Annual Report 2014-2015

DONORS (CONTINUED) Sigmund Fleck John Foster Dawn Francis Franklin Mint Federal Credit Union Gary and Nancy Gallagher Daniel W. and Kathy Geary Daniel and Claire Gennett Daniel Scott and Glenda Lee Gentzel Genuardi Family Foundation Doug and Jean Gessl Gibbell, Kraybill & Hess LLP Michael and Pareez Golub Gracelina Green Lawn Fertilizing Grace E. Grillet Brian and Johanna Growney David Gulati The H.O. West Foundation Harry and Denise Hamill Colleen Hamilton The Hamilton Family Foundation Hannah Leigh Robb Foundation Barbara Harkness Joel and Tess Harnick Jessica Harris Harrisburg Area Community College Lynn Pike Hartman Heigh Ho Jewelry Company Elleanor Jean Hendley Dr. Henry A. Jordan Scholarship Fund, Fieldstone 1793 Foundation Hershey Motors, Inc. John and Anna Hewes Martha Hilty Becker Holly Designer Handbags and Accessories Hoxie Harrison Smith Foundation

Kelly Huller The Huston Foundation David Ix Jackson Immuno Research Labs, Inc. Tim Jeffris The John Lazarich Foundation Dave Johnson Johnson and Johnson Lindsay Johnston Rita Jones Paul and Susan Jones Kimberly Kandravi Brian Kennedy Richard and Cindy Kienzle King’s College William Kirkpatrick Deb Kliman Doug and Krista Kloppenburg Nancy Kovach Cheryl Ann Kreger Gregory Kupiec Dr. Linda Lamwers and Dr. Leonard Soroka Celia Lang Lang Family Foundation Lasko Group Inc. Lasko Family Foundation John and Heide Lehning The Lenfest Foundation Barbara Lin Joseph and Leslie Little Robert Loose Michael Louis Magic Memories Daniel Maier Marchwood Dental Associates Marci Dwyer Executive Search Marshall-Reynolds Foundation Bill and Patricia Masapollo Maslo Company Joanne Matteucci

David and Leslie Matthews Christina Mayer Anthony McCarthy Maria and Hugh McDonald Dave McFadden Eileen McGinty Raymond and Judy McGlew June C. McGlew John and Melissa McGlinn Margaret McGowan Dan McKenrick The McLean Contributionship John and Constance McNamara Robert D. and Jennifer McNeil Meridian Bank Tom Meyers and Ellen Gayda Frank Michel Michael Miles Julie Miller Modevity, LLC Monarch Staffing Sam Monastra The Moore Family Foundation Kim Morgan Ann Moss Joseph and Susanne Motta Richard Mulford James Mullins David J. and Gwen Murphy, III John Musewicz Scott Nangle John Nannos National Penn Bank Nave Newell, Inc. The Nelson Foundation Karen Noonan Carrie O’Brien Dan and Maureen O’Brien Marcia Zaruba O’Connor The O’Connor Group Laura Offutt Joseph Orff

Bold: $1,000+ Chester County Futures Annual Report 2014-2015

DONORS (CONTINUED) Daniel and Renie Ostien Elizabeth Overton Laura Owens Yrma Pacheco Jay A. Painter John E. Panizza David and Jane Park Robert Parker Joyce Parrett PECO Energy Cindy Pelton Patrick and Marie Pendergast Penn Liberty Bank Penn State University Scott Peterson The Pew Charitable Trust Pfizer Matching Gifts Program Pfizer United Way Campaign Phoenixville Community Health Foundation Phoenixville Federal Bank and Trust Karelis Pickus Russ and Cindy Pickus The Pine Hill Group James and Judith Pohlman Deborah Pompei Scott and Laurie Portner Joanne Quinn Conrad Radcliffe Jim Ravena RBC Capital Markets, LLC Krista Reichard Jason Renner Rose Riccioli Robert and Karen Rigg Lenny Rivera Robert E. Lamb Foundation Claudia Roemer Michael and Jennifer Roynan Frank Ruffo Darya Sabocsik

SAP Charitable Fund Sara Bowers Committee Deborah Schneider The Scholler Foundation Seamless Events Peter and Cary Sears The Segel Foundation SEI Helen and Simon Semus Jessica Serrano Ashlie Shannon Deborah Pierce-Shields, Esq. and Gary Shields Siemens Caring Hands Foundation Betty Silfa James and Maryann Smart Smart Devine Matt Smith LuJean Smith John C. and Fay Snyder Margaret Sofio George and Rita Sprenkle SR Jackson State Street Foundation James and Barbara Sterchele The Stewart Huston Charitable Trust Brian Stocker Eldon Stoltzfus Stradley Ronon Stevens and Young, LLP Andrea Straka Brett Studner Su Philips Consulting LLC Subaru of America Foundation William H. Surgner Susquehanna Bank Take Charge Consultants, Inc. TD Charitable Foundation Teva Pharmaceuticals John and Kathy Thaeder

Maia Tolsdorf Toyota Financial Services Lea Tran Tri-M Corporation Trion Tri-State Filtration Plus Kevin Turner United Way of Chester County United Way of Greater Phila. and Southern New Jersey United Way of York County Univest Bank US Airways Education Foundation John Van Grinsven Verizon Jessica Vollmer Voya Foundation Mary Vuong Matthew Walker Christine Walsh Jennie Warren Waste Management Joe and Jolly Waterman Wawa Wegmans Food Markets Wells Fargo Wellsprings Congregation West Chester University West Pharmaceutical Services Whitford Charitable Fund Gerald M. and Mary Wilk Tami Wineinger Ildemaro and Neydary Zambrano

Bold: $1,000+ Chester County Futures Annual Report 2014-2015

DONORS (CONTINUED) Sponsor A Scholar

In-Kind

Anonymous Anonymous John and Gale Bachich Bryn Clovis Foundation Patrick and Patricia Burke Clarence J. Venne Foundation: Margaret Brower Patrick and Marie Pendergast Anne Congdon Martin and Katherine Dempsey Depuy Synthes Christopher and Katherine Fazzini John and Anna Hewes The Huston Foundation Richard and Geraldine Jaffe Richard and Cindy Kienzle The John Lazarich Foundation June C. McGlew Reliance Standard Life Insurance Company The David and Marjorie Rosenburg Foundation Tri-M Corporation

44 Business Capital Ken Alderfer Applebrook Golf Club Audi Devon Bellewood Country Club Blue Moon Florist Patrick and Patricia Burke Maria Campbell Chick-fil-A Frank Cirone Patti Ciuffetelli Countryside Consulting The Desmond Barbara Doyne Euro Motorcars Devon Fiserv Frank’s Union Wine Mart General Warren Inne Michael and Pareez Golub Herr’s Foods The Hershey Story Ingleside Golf Club Kramer Portraits Kultivate Paul Lewis Lincoln University Maria and Hugh McDonald Raymond and Judy McGlew Susan Miner Joseph and Susanne Motta The O’Connor Group Elizabeth Overton P.J. Whelihan’s Pub & Restaurant Penn Liberty Bank Rich Valley Golf SAP James and Barbara Sterchele Valley Forge Casino Resort Victory Brewing Mary Vuong Wawa

Wegmans Whole Foods Market

Bold: $1,000+ Chester County Futures Annual Report 2014-2015

FINANCIALS: JUNE 30, 2015 Revenue and Support Contributions Special Events Investment Income Total Revenue & Support

Revenue

$956,666 $88,979 $3,323 $1,048,968

8.5%

0.3%

Assets Current Assets Fixed Assets Investments & Long-Term Receivables Total Assets

$1,128,699

Contributions

Expenses Program General & Administrative Fundraising Total Expenses

$918,697 $41,728 $156,315 $1,116,740

Special Events 91.2% Investment Income

Liabilities Current Liabilities Net Assets

$109, 731 $1,018,968

Expenses

Total Liabilities & Net Assets Net Assets, Beginning of the Year Net Assets, End of Year Change in Net Assets

14%

$1,086,740 $1,018,968 ($67,772)

82%

4%

Program

General & Administrative Fundraising

Chester County Futures Annual Report 2014-2015

Contact Information

704 Haywood Drive Exton, PA 19341 T) 610.458.9926 F) 610.458.7472 www.ccfutures.org

Chester County Futures Annual Report 2014-2015

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