1. education
2. school

The Steppingstone Foundation
2010 Annual Repo rt
Contents
5 . Letter from the Founder
Michael P. Danziger
6 . Letter from the Chairman
Brian J. Conway
6 . Board of Directors
7 . Placement Schools
8 . About our Programs
10 . Colleges & Graduate Schools
11 . 2010 Gift Report
15 . Corporate Gifts
15 . Berylson Fund for Leadership Development
15 . Summer Opportunities Fund
16 . Financial Statements
Twenty Years
b
1990
1991
Schoolteacher
Michael Danziger
and entrepreneur
John Simon admit
14 Scholars to
the pilot class of
The Steppingstone
Scholars Program.
11 Scholars
complete
Steppingstone’s
academic
component and
are admitted to
seven placement
schools.
A n t o i n e T r ow e r s ’ 91
The Steppingstone Academy
Antoine Trowers
1992
Six new placement
schools added to
make a total of
13 schools where
Scholars are placed.
Steppingstone’s
headquarters move
from Danzigers’
apartment to State
Street office space.
1993
1994
L. G. Balfour
Foundation makes
five-year grant
of $400,000.
40 Scholars
admitted to
The Scholars Program.
is one of the 14 Scholars
in Steppingstone’s pilot
class. He graduated from
Thayer Academy and
earned a B.S. from Bryant
University and an M.S.
199 D
in management/marketing
from University of
Maryland, University
College. Antoine currently
works as a Direct Support
professional at Sasha Bruce
Youth Works in
Washington, D. C., an
organization which helps
meet the urgent needs
of at-risk youth and their
families. He is married
and the proud dad
of a two-year-old son.
.............
1
1996
The Steppingstone
Fellowship is
created to enable
recent college
graduates to gain
experience in
teaching,
admissions, and
advising.
C h e ry n B y r o n
Steppingstone Mentor
Cheryn Byron
1997
1998
1999
The Magnet
Program is created
to prepare Boston
students for
placement at the
three exam schools.
18 Scholars are
admitted to pilot
class.
The Steppingstone
Scholars Program
in Philadelphia is
launched and
a pilot class
of 28 admitted.
works at Phillips
Healthcare as a Senior
Field Marketing
Manager. For the past
year, she has mentored
Rojae Rowe.
2000Cheryn
chose to volunteer at
The Steppingstone
Academy’s SMASH
(Saturday Mentoring
and Study Hall) because
of the value placed on
quality education.
She remarks, “Scholars
are so appreciative of the
mentors’ time and are
eager to learn.”
.............
2001
Magnet and
Scholars Programs
merged to form
The Steppingstone
Academy; 98
Scholars admitted.
Scholars in Boston
pilot class graduate
from college.
R o j a e R ow e ’09
The Steppingstone Academy
Rojae Rowe
2002
2003
2004
Saturday mentoring
program expands
to include study
hall and is renamed
SMASH (Saturday
Mentoring and
Study Hall).
Steppingstone
receives
$1 million grant
from the Richard
and Susan Smith
Family Foundation,
making it the
first gift received of
that magnitude.
Steppingstone
launches Campaign
for Growth to raise
$15 million to
support program
expansion.
is an eighth grader at
Boston Latin Academy
and an honor roll student.
Rojae meets with Cheryn
on Saturday mornings
200 D
during the school year,
and says he truly
enjoys spending time with
her at SMASH, finetuning his math skills. He
wants to be an engineer
and attend MIT.
.............
2006
The Steppingstone
Academy admits
152 Scholars.
The pilot class
in Philadelphia
graduates from
high school.
The Steppingstone
Academy Hartford
is launched in
partnership with
the Hartford
Youth Scholars
Foundation.
M i r ay Y i l d i z
College Success Academy, Class 1
Miray Yildiz
2007
2008
National
Partnership for
Educational Access
(NPEA) is created.
Jamilah Ryan ’95D
is the first Scholar
Alumna to teach
at Steppingstone.
McLane Fund is
established with
a $1 million gift
from TA Associates’
Managing Directors
to honor partner
Andy McLane and
support placement
at boarding schools.
Campaign
for Growth raises
$19 million.
is a member of the
inaugural class of the
College Success Academy.
She attends fifth grade
at the Edison
K8 School
2009
in Brighton.
Miray’s parents
emigrated from Turkey
because of the educational
opportunities available
to their daughter, and to
women in general, in the
United States. Miray
loves reading, making
new friends at CSA, and
teaching her dad English.
She wants to be a doctor.
.............
2010
2011
Steppingstone’s
first class in
Philadelphia
graduates from
college.
The Steppingstone
Academy in Boston
serves 1,000
Scholars in grades
five through 12.
The College
Success Academy
(CSA) is launched
in two Boston
public K8 schools,
the Edison and the
Jackson/Mann.
When I look at the accomplishments
on the timeline on the previous pages,
I am humbled by all of the work that
the Scholars, their families, and the staff
have done, grateful for every bit of advice
and support I’ve gotten along the way,
and inspired to make the next 20 years
even better.
In 1990, the faculty consisted of
John Simon and myself, and there were
14 Scholars in the pilot class. Now,
The Steppingstone Academy serves more
than 1,400 Scholars in Boston, we have
affiliates serving several hundred Scholars
in Philadelphia and Hartford, and we’ve
launched the National Partnership for
Educational Access, whose member
organizations collectively serve more
than 100,000 underserved students across
the country. Just last July, we launched
the College Success Academy, which has
the potential to help countless public
school students in Boston and beyond.
Our growth has outpaced our wildest
ambitions, but only because we’ve received
more support than we could ever have
imagined.
Behind each notch on the timeline
lie innumerable stories. These tales include
the heroic work of Scholars, the heartfelt
generosity of donors, and the perseverance
and patience of mentors. Every day, for
two decades, a myriad of people have
quietly but purposefully committed
themselves to the vision that with proper
preparation and support, and a lot of hard
work, any student can go to college and
succeed.
While the 20-year mark is a good
time to reflect and give thanks for all
that has happened so far, we are as
passionate as ever to find new ways to help
those students who have the will to earn
educational opportunities that lead to a
four-year college degree. We are particularly excited to be in a position to offer
Steppingstone’s academic and support
services to more underserved students in
the Boston Public Schools.
At every milestone, know that I am
acutely aware and grateful that none of
what we have accomplished would be
possible without your support. I can’t wait
for us to start filling in the next timeline.
Michael P. Danziger
Founder and CEO
The Steppingstone Foundation
Letter from the Founder
.............
5
While it is impossible to capture
Steppingstone’s first 20 years of life on a
few pages, the timeline in the preceding
pages features some of its most celebrated
accomplishments. By tracing these
highlights, you will note the rise in the
number of Boston students Steppingstone
has been able to serve, the building of
affiliate programs in Hartford and
Philadelphia, and the launch of the
National Partnership for Educational
Access (NPEA) which supports programs
dedicated to college access for underserved
students. The ink is not even dry on the
last timeline entry reflecting the creation
of the College Success Academy in
Boston last July.
None of this progress could have
occurred without your critical support.
Your steadfast belief in Steppingstone’s
mission has enabled the Board to chart
Steppingstone’s course for the future.
Steppingstone Scholars have had great
success graduating from four-year colleges,
and as larger classes come through the
program, we want to ensure that future
Scholars have the same opportunity.
As a result of last year’s strategic plan,
Steppingstone has restructured The
Steppingstone Academy’s support services
component to include college services,
ensuring that Scholars transition successfully to college and earn a degree. Services
include summer bridge workshops,
on-going financial aid advising, and
College Coaches, a program matching
Scholars in their first year of college with
older Scholars attending their school. We
are also bringing NPEA member programs
together regionally to collaborate, share
best practices, and create a college pipeline
within their communities, beginning in
Boston.
Perhaps Steppingstone’s most notable
recent expansion is the launch of a new
initiative, based in the Boston Public
Schools, called the College Success Academy.
Last July, Mayor Menino helped kick-off
the program, as the inaugural 46 Scholars
buckled down to start their collegebound
journey. I give those diligent rising fifthgraders tremendous credit, but I also
give you a heartfelt thank you. These
Scholars will spend five summers and
four academic years after school in classes,
fortifying what they learn in their regular
Boston Public School curriculum, while
benefiting from the Steppingstone culture
of hard work, high expectations, and high
achievement. Once these Scholars are in
their Boston public high schools, they will
receive the same quality college counseling
and financial aid assistance, college tours,
and socio-emotional support that the
Scholars from The Steppingstone Academy receive. We quite literally couldn’t
provide them with this path to college
without you.
On behalf of the 1,400 Steppingstone
Scholars headed back to school, ranging
from a fifth-grade classroom in Brighton
to a college senior seminar in Cambridge,
thank you for your generous support.
The Steppingstone Foundation
Board of Directors
Amy Smith Berylson
Chuck Brizius
Robert Clagett
Brian Conway, Chairman
Michael P. Danziger
Bart Epker
Richard Friedman
Andrew Hahn
William Helman
Allison Johnson
Isabelle Loring
Dr. Richard I. Melvoin
A. Peter Monaco, Jr.
Karl W. Reid, Ed.D.
Brent E. Shay
John G. Simon
John S. Weinberg
Christina Wing-O’Donnell
Brian J. Conway
Chairman
The Steppingstone Foundation
Letter from the Chairman
6
. . . . . . .......
Steppingstone Placement Schools
Boston
Philadelphia
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
Cambridge School of Weston
Commonwealth School
Concord Academy
Dana Hall School
Dedham Country Day School
Deerfield Academy
Derby Academy
Dexter School
Fay School
The Fessenden School
The Governor’s Academy
Holderness School
The Meadowbrook School of Weston
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
Southfield School
Thayer Academy
The Winsor School
Xaverian Brothers High School
Abington Friends School
Academy of Notre Dame de Namur
The Agnes Irwin School
The Baldwin School
Chestnut Hill Academy
Church Farm School
The Episcopal Academy
Friends’ Central School
Friends Select School
Germantown Academy
Germantown Friends School
Gesu School
Girard College
Greene Street Friends School
The Haverford School
The Julia R. Masterman School
Philadelphia High School for Girls
The Philadelphia School
St. Peter’s School
The Shipley School
Springside School
Westtown School
William Penn Charter School
Hartford
Avon Old Farms
Berkshire School
Buxton School
Chatham Hall
The Ethel Walker School
Kent School
The Loomis Chaffee School
The Madeira School
Marianapolis Preparatory School
The Master’s School
Miss Porter’s School
Northwest Catholic High School
Peddie School
Pomfret School
Renbrook School
Salisbury School
Stuart Hall School
Suffield Academy
The Taft School
Watkinson School
Westminster School
Westover School
The Williston Northampton School
7
Since 1990, The Steppingstone Foundation
has successfully prepared hundreds of
underserved schoolchildren for educational
opportunities that lead to college
success. Year after year, the Scholars’
accomplishments show that with the right
combination of high expectations and
meaningful support, children who are
willing to work hard can reach their
potential and make their college aspirations
a reality, regardless of circumstance.
Steppingstone programs in Boston,
Philadelphia, and Hartford set underserved students on the path to college by
preparing them to get into and succeed
at top college-preparatory schools in
middle and high school. Once admitted,
Scholars participate in an intensive course
of academic preparation that begins with
a six-week summer session, continues
during the school year with classes after
school and on Saturdays, and concludes
with a second summer session. Scholars
preparing for ninth-grade placement have
a longer academic program. The rigorous
curriculum prepares Scholars for the
challenges of getting into and excelling at
top independent and public exam schools.
Steppingstone also works closely with
Scholars and their families on all aspects of
the independent and public exam school
admissions process, from choosing the
right school, to applying for financial
aid. But Steppingstone doesn’t end there.
Steppingstone makes a long-term
commitment to Scholars, providing a
comprehensive slate of support services
during middle school, high school, and
college to ensure that they thrive in their
new schools, ultimately graduating from
high school and four-year colleges.
8
The Steppingstone Academy in
Boston prepares fifth-, sixth-, and seventhgrade students to get into and succeed
at Boston’s top independent and public
exam schools in the sixth, seventh, and
ninth grades, respectively. In 2010, The
Steppingstone Academy served more than
1,000 Scholars in grades five through 12
and 300 Alumni Scholars in college. Of
the Scholars who complete the academic
component, 90% gain admission to an
independent or public exam school, 99%
graduate from high school, and 91%
enroll at four-year colleges. 80% of the
Scholars who enrolled at four-year colleges
earned a degree within six years.
Since its inception in 1997, The
Steppingstone Scholars Program in
Philadelphia has prepared more than
350 underserved fifth-grade students for
admission to selective independent schools
in the sixth grade. In 2010, the program
achieved a significant milestone when the
first Scholars from the pilot class graduated from college.
Since 2005, The Steppingstone
Academy Hartford has prepared highly
motivated Hartford students for admission
to Connecticut’s top independent
schools in the ninth grade. In 2010,
The Steppingstone Academy Hartford
provided academic preparation to 47
rising seventh-, eighth-, and ninth-grade
students, serving more than 100 Scholars
in grades seven through 10. In addition,
100% of the Scholars who completed the
academic preparation component are on
track to graduate from high school.
Created in 2007, the National
Partnership for Educational Access
(NPEA) is a membership association
for programs committed to increasing
educational opportunities for motivated
underserved students across the United
States. NPEA currently has more than
180 members, representing 29 states and
collectively serving more than 100,000
students across the country. NPEA is
dedicated to promoting quality, success,
and growth among member organizations,
partner schools, and communities committed to educational access. Members
include school and non-school based
programs, charter schools, independent
schools, higher education institutions,
and other nonprofit programs.
In the fall of 2010, Steppingstone
began recruiting the first Scholars to
participate in its newest initiative, the
College Success Academy, based in the
Edison and Jackson/Mann K8 Schools
in Brighton. Modeled after the academic
preparation and support services
components of The Steppingstone
Academy, the College Success Academy
provides middle-grade students in Boston
public schools with a rigorous after-school
and summer academic program spanning
five years, followed by support services
through high school and college. The
pilot class of 46 Scholars began its first
summer session in July 2011.
About our Programs
.............
9
Clockwise from top
left: NPEA hosts a
college tour; and
summer classes at
The Steppingstone
Academy and the
College Success
Academy
Next Steps
Colleges
Steppingstone Scholars have
graduated from the following
colleges and universities:
10
Amherst College (2)
Babson College (4)
Barnard College (2)
Bates College
Becker College
Boston College (11)
Boston University (12)
Bowdoin College (4)
Brandeis University
Brown University (6)
Bryant University
Carnegie Mellon University
Cheyney College
The Citadel Military College
Clark University (2)
Clarkson University
Colby College
College of the Holy Cross (3)
Columbia College, Chicago
Columbia College, SC
Columbia University (6)
Connecticut College (2)
Curry College
Dartmouth College (4)
Duke University
Fisk University
Fitchburg State College
Florida A&M University
Fordham University (4)
Framingham State University
George Washington University (4)
Georgetown University (2)
Georgia Institute of Technology
Gordon College
Hamilton College (3)
Hampshire College
Hampton University (4)
Harvard College (9)
Howard University
Johns Hopkins University
Johnson & Wales University (2)
Lasell College (2)
Maine Maritime Academy
Manhattan College
Massachusetts College of Art
& Design (2)
Massachusetts College of Pharmacy
and Health Science
Massachusetts Institute of Technology
Middlebury College
New York University
Northeastern University (11)
Pennsylvania State University
Pine Manor College (4)
Providence College
Regis College
Rensselaer Polytechnic Institute
Rhode Island School of Design
Salem State College (2)
Savannah College of Art & Design
Simmons College (2)
Southern Connecticut State University
Spelman College (6)
Springfield College
St. Francis College
Stanford University
Stonehill College
Syracuse University (4)
Temple University (5)
Trinity College, CT (2)
Trinity College, D.C.
Tufts University (6)
Union College
University of California, Berkeley
University of California, Davis
University of Connecticut
University of Massachusetts
Amherst (13)
Boston (8)
Lowell
University of New Hampshire
University of North Carolina, Chapel Hill
University of Pennsylvania (4)
University of Rhode Island (2)
University of Richmond
University of Rochester
University of Southern California (2)
University of Vermont & State Agriculture
University of Virginia
Wagner College
Wellesley College (2)
Wentworth Institute of Technology
Wesleyan University (2)
Williams College (3)
Yale College (6)
Graduate Schools
Steppingstone Scholars have graduated
from the following graduate schools:
American Intercontinental University School of Business
Boston College Graduate School
of Arts and Sciences
Boston University School
of Communications
Boston University Law School
Boston University College of Fine Arts
Boston University School of Management
Mailman School of Public Health,
Columbia University
Weill Cornell Medical College,
Cornell University
Rollins School of Public Health
of Emory University
Fordham University Graduate School
of Education
The French Culinary Institute
The George Washington University School of Public Health & Health Services
Mercy College
Northeastern University
Kellogg School of Management,
Northwestern University
Sacred Heart University Isabelle Farrington School of Education
Simmons College
School of Arts, Sciences & Professional Studies Springfield College
Suffolk University Law School (2)
Syracuse University Graduate School
of African American Studies
Syracuse University College
of Arts & Sciences
Fletcher School of Law & Diplomacy
Tufts University
University of Baltimore Yale Gordon
College of Liberal Arts
University of California, Berkeley School
of Public Health
School of Social Welfare, University of California, Berkeley
University of Chicago School
of Social Service Administration
University of Chicago School of Sociology
University of Maryland, University College
University of Massachusetts, Amherst
Department of Mathematics & Statistics
University of Massachusetts, Boston,
College of Education & Human
Development
University of Massachusetts, Boston,
College of Liberal Arts
University of Massachusetts Medical School
University of Pennsylvania Graduate School of Education
University of Virginia Department
of English
University of Wisconsin-Madison School
of Education
H Denotes donors who have made gifts
P. Andrews & Linda H. McLane
for at least 20 consecutive years.
Sarah & Peter Monaco
D
Kristin & Stephen Mugford
F Denotes donors who have made gifts
F
F
D
Marion & David Mussafer
for at least 10 consecutive years.
James & Kimberly Pallotta
D Denotes donors who have made gifts
Randa & Michael Pehl
for at least 5 consecutive years.
The Plymouth Rock Foundation
D
F
Stephanie & Adam Rogers
V Denotes donors who have made gifts
Brent Edward Shay
for at least 3 consecutive years.
F
H
John & Susan Simon
Christine & Robert Small
FOUNDERS’ CIRCLE
$50,000+
State Street Foundation
Jennifer & Seth Stier
D
Carolyn & Ken Swan
Anonymous
F (2 Gifts)
Charlotte R. Cramer Wagner &
Anonymous
D
Herbert S. Wagner, III
Anonymous (2 Gifts)
Amanda & John Waldron
L.G. Balfour Foundation
Amy & John Weinberg
Jenny & Sandy Weymouth/
H
Mrs. Leonard Block
Betsy & Michael Danziger
H
D
Connie & Sankey Williams
H
Nancy & Richard Friedman
Thomas O’Donnell & Christina Wing-
D
Foundation D
Joanna & Jon Jacobson
O’Donnell/The Karen Wing Family Liberty Mutual Foundation, Inc.
V
Charitable Foundation
Holly McGrath & David Bruce
D
Medha Sinha & Arthur G. Epker III
F
Capital Partners
Scholars’ Society
$5,000 to $9,999
The Tudor Foundation, Inc.
President’s CIRCLE
$10,000 to $49,999
Pamela & Bear Albright
F
Mr. & Mrs. James A. Block
Deb & John Brennan/Hunt Street Fund
H
Anonymous V
Anonymous
V
Bushrod H. Campbell and Adah F. Hall Abrams Foundation
Mrs. Peter H. O. Claudy
Bain Capital Children’s Charity LTD
F
Constance B. Coburn &
F
Bank of America Charitable Foundation
Charity Fund
D
Anonymous (2 Gifts)
F
D
James D. Houghton
The Cosette Charitable Fund
Anita & Josh Bekenstein
John G. & Amy Smith Berylson
C. Hunter Boll
D
Gwill York & Paul Maeder/Highland D
Isabelle & Ian Loring
Hess Foundation
Harold Whitworth Pierce Charitable Trust
The Ford Foundation
J. C. Kellogg
V
F
Kerrie & James Coughlin
F
D
D
Mr. & Mrs. F. Michael Danziger
F
Kate & Chuck Brizius
H
Margot & Jon Davis
Boston Red Sox Foundation
Deanna & Tony DiNovi
F
John & Stephanie Connaughton
F
V
Sadhana & Rick Downs
D
Brian & Karen Conway
Gretchen Effgen & Anthony Schweizer
David & Victoria Croll
Jennifer Mugar Flaherty & Peter G. Flaherty II
F
F
Peggy & Richard Danziger
Dean Welfare Trust
Kate & Tom Gilbane
H
V
Kaia & Jonathan Goldstein
D
Denise M. Dupré & Mark E. Nunnelly
Elizabeth L. Johnson
F
V
D
Karen Kames & Christopher Gaffney
2010 Gift Report
V
V
Mary Beth & Adam Kirsch
F
D
Martha Mugar
Marsha & Justin Perreault
.............
Emilie & Richard Powers
Jeanne & Bob Savitt
Eastern Bank Charitable Foundation
Sandy & Paul Edgerley
John & Laura Fisher
V
Pixley & Kenneth Schiciano
H
F
Suzie Tapson & Gordon Burnes
Charles Hayden Foundation
Mr. & Mrs. Amos B. Hostetter, Jr.
Kim Hsu-Barber & Jeffrey Barber
Olga & Scott Jaeckel
11
F
D
Benefactors
$1,000 to $4,999
D
V
F
Allison & Edward Johnson
Anonymous
F
D
JPMorgan Chase Foundation
Anonymous (2 Gifts)
The Esther A. & Joseph Klingenstein
The Sidney & Beatrice Albert Foundation
Fund Inc.
Nichole & Richard Aldrich/RA Capital H
D
Mike Krupka & Anne Kubik
Associates
Jeffrey B. & Janet Larson/The Larson
Marlena & George Alex
Family Foundation
The Alperin/Hirsch Family Foundation
D
Linde Family Foundation
Joe Amsler
V
Anne R. Lovett & Stephen G. Woodsum
F
Kristen & James Atwood
Laura & Scott Malkin
Jill & John Avery
Libby & Jeff Mallon/Kahn Charitable
Elyse & Bruce Balder
Foundation
Beth & Max Bardeen
Tristin & Martin Mannion
F
Mass 2020 Foundation, Inc.
V
Meg & Tomas Bergstrand
Timothy C. & Patricia W. Blank
D
V
Jonathan Block &
Secondary School Admission Test Board, Inc.
D
Jennifer Berylson Block
Ellen & Steve Segal
D
Amy & Ben Bloomstone
Amanda & Petko Dimitrov
F
The Shane Foundation
Rick & Nonnie Burnes/Butler’s Hole Fund
F
Robert Dolliver
V
Barbara & Ed Shapiro
Susan Busch
F
Beth Duggan
Tyler Chapman
Janice L. Sherman & Robert G. Segel
Robert Chen
Lori & Matthew Sidman
John M. Cohen, M.D.
D
D
D
Louise B. & Edgar M. Cullman Foundation
F
F
David M. & Sheena Danziger
D
Lee & Jack Englert
Hillary & Carlo VonSchroeter
Michael Flaherty
Eve Waterfall & Claire Walton
Bryan Flynn
F
Debra & Steven French
Family Foundation
Kelly & Michael Glew
F
Leslie & Stan Godoff
F
Holly Grace & Kris Kahn
Donald & Martha Greenhalgh
Patrons
$250 to $999
Elizabeth & Andrew Hahn
Chinita & Michael Hard
Lynn & James Gilbert
Anonymous (2 Gifts)
F
Rebecca & Michael Gamzon
Sandy & Dozier Gardner
Jennifer Akins
D
Cynthia A. Harmon
V
H
V
V
Catherine & Lionel Harris
Martina Albright & Jon Bernstein
D
F
Elizabeth Gulliver
Joan FitzGerald
V
F
Danielle & André Heard
Beth Gilbert-Bono & Mark Bono
Dave Alexander
Katie Hendricks
Tricia & John Glass
Mark & Kathy Alperin
Tamara & Peter Hermann
Eric Andrew ‘94
Susan & Robert Hermanos
Nancy & Edward Guleserian
Jessica & David Aronoff
Joan G. Howland & William J. Webber
The Guthrie Family Foundation
Mr. & Mrs. George F. Baldino
Lisa & Ben Humphreys
Ashley & Jamie Harmon
Robert P. Ball
Julie & Kevin Hayes
Carol & Brett Batchelder
Sufia & Yasin Jamal
Anna & Jim Beakey
Jaques & Company
Elizabeth & Coleman Benedict
Community Foundation of Southeastern
Pam & William Holding
Lawrence B. Benenson
Beth & Jim Holzman
Adam Benson
Fund
Skip Hughes & Barry Tubman
Fred & Tricia Bentley
Virginia Hutcheson
Sheri E. Berman & Gideon Rose/
Fleur & Richard Hynes
The Baobab Fund
V
Allison & Matthew Godoff
Blair & Jacqueline Hendrix
Sandra & William Herman
Jill & Robert Inches
D
D
F
Jessica & Jonathan Hyde
F
Mr. & Mrs. Edward C. Johnson 3d
F
Char Joslin & Les Cheek
D
Evelyn J. Junge
Mary & Seth Kaufman
V
Dr. William Boyd & Ms. Deborah Blish
V
Massachusetts - Hope and David Jeffrey Megan & Ted Johnson
Kate Bolland
Ann Jenkins & Bart Bussink
V
Julia & Peter Johannsen Charitable Fund
H
Kathryn & John Boger
V
Susan & Brian Kavoogian
Pamela & Jim Broderick
Demos Kouvaris
V
Charlotte & Charlie Kline V
Tania & Gordon Kluzak F
Louise Totten Knabe F
Kathryn & Chuck Brown
Oliver Kramer
Liese & David Brown
Michelle LaManque
Carolyn Lattin & Venkat Venkatraman
Amanda & Jeff Burton
JoAnna & Richard Levitan
Katie & Paul Buttenwieser
Robby & Geoffrey Levy
JR Lederer & Jessica Calagione
Mr. & Mrs. Jon R. Lind
The Longfield Family Foundation, Inc.
Ric Calvillo
Melissa & William Lyons
Kristin & Joseph Casey
Andrea & John J. Mackey
Clemmie & James Cash
Rob & Melissa Madden
Susanne & Vincent Chiang
Kristen Madden & Greg Lauze
Teresa & Douglas Chope
Sandeep Madhavan
Stephanie & Matthew Kadnar
D
Jamie & Cynthia Kempner
Kate Lubin & Glen Sutton
Sarah & Robert Bua/The Holbrook Foundation
Mr. & Mrs. Warren H. Burroughs, Jr.
D
David Meixner
Barbara & Richard Melvoin
F
Rebecca Melvoin/Melvoin Foundation
Alison & William Monaghan
Jim & Lisa Mooney
Kelley Murphy
D
D
Rona & Randy Nelson
Erica & Edward Pappendick
Gerard & Lisa Marie Phelan
D
F
Amanda Marsh & Jeremy Bass
V
Mr. & Mrs. Carmine Martignetti
The Connors Family Foundation
Pam & Stuart Mathews
Nan & Lee Corbin
Bailey McCool
V
V
Jeff & Christine McCormick
Hope & Louis Crosier
Alfred J. McGuire
Doreen & John McLaughlin
F
Gary & Sharon Curhan
Suzie McManmon
F
Judy Ryerson & Keld Agnar
Caroline Curtis
Maurice & Luly Samuels
Katie Danziger & Steven G. Horowitz
F
Anne & Colin McNay
Katie & Mark McWeeny
H
Victoria Moskowitz & Lee Glickenhaus
Lauren & Drew Davis
Jane & Linton Moulding
Katherine Davis
Laura & Greg Mulready
Jeffrey P. Davis
V
F
Carl Martignetti
Jeanne & Richard Press
Caterina & Dan Schwinn
F
Mr. & Mrs. Caleb F. Collins
Lindy & Chris Crawford
V
Marjorie & Daniel Levin
Benjamin Coll
Andrew Plimpton
Rebecca & Mark Scheier
F
Francis & Donna Maher
Teisha Covino
F
Mr. & Mrs. David S. Lee
Anna & Stanley Leonard
Jim & Sarah Ann Mahoney
Caroline D. Leto
Jean Weinberg Rose & Jeff Rose
Marilla & Rhodri Lane
Robert Clagett
Jessica Courtney
V
D
Alberta Chu & Murray Robinson
Kristin & Terry Connell
V
Laura & Steve Peck
Mr. & Mrs. Stephen J. Pellegrino
D
D
Kathryn Jigarjian
James E. Boasberg
F
Emily Israel & Drew Pluhar
12
F
Deborah Glotzer
Sara L. Wragge
Mark & Janelle Fisher
V
Jessica Fidgeon & Boris Pluskowski
Joanne Witty & Eugene Keilin
V
F
V
Anne & George Favaloro
Laurel & Ken Ferretti
Michael & Barbara Eisenson
The Fieldstone Foundation
F
Antra & Elliott Thrasher
F
F
V
V
Barbara & John Emery
D
Bruce Breimer & Lorna Doran
David Fish
H
Linda Wisnewski & William Collatos
V
F
Third Sector New England
Marilee Wheeler
Laura DeBonis & Scott Nathan
Betsy & Rick Edie
Epstein/Carver Family Foundation
Donna & Richard Tadler
Rick Curtis/Curtis Liquors
Hilary & Baily Dent
Esther Simon Charitable Trust
V
Jennifer & John Eielson
Astrid & Marco Sturm
Tom & Line Corcoran
Lisa & Todd Cronan
D
V
Abby Sosland & Mark Goodman
Wendy & Travis Connors
Kim & Drew Conway
F
D
Nancy & Peter Drake
Stefani & Leonard Shavel
Christensen-Dunn Early Foundations Fund
F
Ted & Coleen Dinneen
Kristine & Ned Shadek
D
Dick & Maryellen Denning
Rob & Dubs Dickey
Joseph Senna
Katie & Donald Bramley
Bill & Barbara Burgess
V
Regan Murphy & Shihwan Chung
Cynthia Nguy ‘97
V
Leah Berk
Amy Fischer
F
Brian & Susan Berube
Maddie & Jake Fiumara
Katie & Craig Nicholson
Sheila Bogan
Barbara Flanagan
Silvia Nunez & Christian Patti
Lois Bonsu ‘93
David Flynn
Jon O’Donnell
Clair Bowers
Lauren Fontenot & Tim Bottomley
Nikki Occhino
Jill Bradley
Sarah & Charlie Forbes
Kenley Bradstreet
Caroline & Matthew Foscato
Mr. & Mrs. Christopher Painter
Meghan Brahm
Elizabeth & D. Richard Friary
Linda & Whit Painter
Joanne & Bill Brine
Elizabeth Friel
Kathy Pattison & Dave Strickler
Madeline Brooks
Jenny & Jared Fry
Carolyn & Phil Perelmuter
Krystal Brooks-Sanchez ‘93
Joshua Gallitano
Trish & Tom Perlmutter
Kate Gannon
Casey & Stephen Owen
D
& Joei Sanchez
V
V
Sabrina Pescosolido
Donavan Brown ‘95
Christian & Russ Porter
Zack Bryden
Sean Gearin
Jonathan Prosky
Hugh & Liz Buchan
Michael Giannattasio
Fernande & George Raine
Nate Buffum
Robyn Gibson ‘00
Marci & Peter Reed
Ginger & Kevin Burke
Betsey & Charlie Gifford
Andrea & Karl Reid
Pamela Butz
Serena Gifford
Bradley Riedl
Shirley & Eugene Buzderewicz
Kaya Rifkin & Anthony Rich
Kathleen & Larry Byrnes
Charlotte Riggs
Mary Callaghan
Patricia Gimbel
Carlos & Ania Camargo
Tom Glenn
Jennifer & Dermott Ryan
Matt Camp
Penny & Jim Gold
Anni & Charles Santry
Carol Capo
Jenny Goldberg
Glenn Savage
Elizabeth Caraboolad
Lynne & Robert Golden
Katie & Ben Sayles
Jared Causer
Jonathan Goodman & Elizabeth Silverman
Mr. & Mrs. Matthew L. Root
Robert F. Shapiro, Jr.
V
F
Bruce Chafee
Douglas Garde
Raya Gildor
F
Constance Gilson
V
Johanna Gordon
Andrew Gorgone
Liz Lyons & Jesse Shaw
Jane & Craig Chapman
Douglas Shinn
Hillary & Jason Chapman
Mark R. Simmons, Jr.
Catherine Cheetham
Molly Graham
Jennifer & Tom Sleeper
Stuart Cherande-Friedman
Carol & Zander Grant
Linda Chin
Michael Grant
Emily Smith
Nick Clark
Lisa Grodsky
Susan & Joseph Stamler
Alex Cline
Julie Guerra
Carol & Howard Stoner
Dimitri Cohen
Jennifer Guire
Shannon Stowell
Adam Cohen
Martha Hack
Paul Strigler
Dr. Dennis N. Cohen
Stuart Hack
Arzu Tarimcilar
Samantha Cohen
Betty Hale
Sandra & Bob Taylor
Joanna Confalone
Lynne & Michael Taylor
Timothy Connell
Eliza Thomas
Julia Cook & Peter Edgerly
Jacqueline Hamilton
Laura Tomaseth & David Beardsley
Peter Corbett
James Hamilton
Thalia C. Tringo
Katherine Coyne
Tucker & Margie Hamlin
Hope Turner
Harley & William Creelman
Mike & Leslie Hammer
Matthew Slovik
D
D
Robert Gould
Julia Halleran
V
Maura Halloran
D
F
Natasha Velickovic ’91
Sarah Curley
The Hand of Synthetic Biology
Veritas Tutors, LLC
Amy & Ethan d’Ablemont Burnes
Kristen Hansen
Julia & Thomas Vitullo-Martin
Melanie Damsker
Kristin Harman
David Wendell
Erica Davis
Tilesy Harrington
Rocking Horse Trail Foundation
Brooke Davis & Chris Hogan
Coliliuy Harrison
Jessamine Wigfall
V
D
Caitlin Day-Lewis
Baron Hartley
Mary & Charles DeBare
Emily & Thomas Haslett
Elena Del Alamo
Mr. & Mrs. George Hatsopoulos
Raymond Wu
Sherry Delosh
Robert F. Hayes
Rae & Charlie Yoon
Andrew Demakes
Nancy Hayes
Charles Devens III
Marcus Haymon ‘95
Erin & Greg Devine
Christina Heanue & Andy Pecora
Denise DiFiglia
Jada Hebra
Dimitri Dimakis
Rena & Rick Hedeman
Peter & Kendra Wilde
Kate & Hamilton Wood
V
Friends
up to $249
Anonymous (8 Gifts)
Margaret Dinan
Harris Allen
Laurie B. Donahoe
Ashley Amo
Sherry Dong
Gavie Heller
Karen Anderson
V
F
Katherine D. Hein, M.D.
F
Ayres Heller
V
Abe Donner
Stephanie Hendricks
Richard M. Anderson
Roodly Dorleans
Polly & Prentiss Higgins
Kimberly Apfelbaum
Betsy & Andy Doyle
Chanda K. Ho, M.D.
Andrew Dresner
Linda Hofmann
Kimberlee Bachman
Christine Driscoll
Richmond Holden
Andus Baker
Sarah Dussault
Elizabeth Holmes
Brian Bano
Lindsey Duthurie
Robert Hower
Lindsay Barnett
Matthew Emans
Aaron Bates
Sharon & Stephen Engler
Alex Baumbach
Caroline Erisman
Kousha Bautista-Saeyan ‘98
Anne Marie & Alexandros Evrivriades
Heather Bello
Armaghan Farooq
Emily Belyea
John Faubert & Elizabeth Pratt
Victoria Bendetson
James R. Faust
J.P. Jacquet ‘95
Kate Bergmann
Constance & Frederick Fayen
David & Mary Johanson
Paul Archibald
V
Tobey & Mark Fidler
Julia Hoyt
D
Denise & John Hull
Taz Hussein
V
F
Teresa Imhoff
Joseph Impellizeri
V
F
F
Andrew Ivey
V
F
13
Joel Johnson
Katelyn Mensi
Elinor Yudin Sachse
Jennifer Johnson
Anne Mercogliano
Anja Saloranta
Stormy Johnson
Shane Merriweather
Daniela Saltzman
Brian Jones
Rebecca Meyer
Janak Sanariya
Jenifer Jordan
Karen Meyers & Jay Zagorsky
Audrey & Joel Schaefer
Drs. William & Carolyn Kaelin
Marjorie Mitchell
Karyn Scheier & Stan Dolberg
Marla Kaplan
Kelly Monaco
Maria Schiff & Michael Cooperman
Kathryn Kargman
Alex Moore
Margaret Schoelwer
Joy Katz
Robert Moore
Rebecca Schulman & William Havemeyer
Lauren Kaye
Mimi Moore
Margot Kearney
V
Peter A. Mullin
Lisa See
Maureen Murphy
Rachel Segall & James Hurley
Molly Kellogg & John Frantzis
Tim Murphy
Katie Seymour
Brian Kelly
David Nash
Allison Kent & Rob Trumbull
Christopher Naumes
Nicole & Arvind Khanna
Lee Navins
Lauren Kiernan
Elizabeth & Marshall Neilson
Elizabeth & Dan Kiley
Dorothea Nelson
Carolyn Kimpel
Lauren Gray Nelson
Margaret King
Marianne & John Nelson
M. Scott Knox
John Nevin
Alison & Robert Silvers
Alyson G. Singer
Mary Sheehan
V
Timothy Sheehy
Nina Sheff
D
Antony Sheriff
Jane Shiverick
Claudia Silva
F
V
Dr. Richard Silverman
Vicki & Northrup Knox
Mary New
Catherine & Douglas Knuth
Max Nibert
Joy Kogut ‘96
Arndt Nicklisch
Cliff Lasser & Elizabeth Adams Lasser
Nathan Nunley
Laura Moberg Lavoie & Brian Lavoie
Michelle O’Brien
John Smiroldo
Pam & Nicholas Lazares
Jennifer Leisman
V
V
V
D
V
Chrissy & Niko Skiadas
V
V
Katya Skoufalos
Jason Skypeck
Ryan O’Connor
Camille Smith
Leah O’Donnell
Kelly Sollinger
Megan O’Donoghue
Kenneth Souleotis
Arthur Stanton
Joseph Leopold
Caitlin O’Hara & Nick Mannella
Marlly Lerner
Thomas L. P. O’Donnell
Emily Leventhal
Michael Okoli ‘99
Carolyn & Mike Stone
Danielle Levine
Erik Olsen
Nan Stone
Tyler Lewis
Abbey & Christopher Orski
Christopher Stoner
Anne Lewis
Danielle Ostrowsky
Jenn Studaker & Muideen Ogunmola
Charlotte Lewis
Quannah Parker-McGowan & Conor Green
John Switchenko
Ellen & Thomas Payzant
Rhoda & Kemon Taschioglou
Julie Lewis
Wendy Pearre
Matthew Tedeschi
Libbey-Clarke Family Fund
Elizabeth J. Peavy
Elizabeth Lima
Virginia Pedroletti
Anne Tiffin
Heather Long
Audra Peek
Rachel Tilney
Giuliana Loukas
Nara Peou
Kim & Christian Tosi
Suzanne Lubell
Katie & David Petersen
Maryann Walsh Tosi & Christian A. Tosi
Rich Lufkin
Robyn Piasecki & Dennis O’Donnell
Mark A. Tracy
Sara Lybeck
Marc Piccuirro
Kevin Tran ‘94
Jennifer Lewis & Christopher Buell
V
Emmett Lyman
Karen Pick
William T. Lynch & Ingrid G. Larson
F
F
Taylor Stevens & Peter McIntire
V
Rebecca & Kevin Tidmarsh
F
V
D
D
Erica Tremblay
Diane & Frank Trunzo
Wendy & Chip Pierce
V
Lisa & Richard Tucker
Ken MacLaurin
Morgan W. Pierson
Vivien Mallick
Kate & Hendon Pingeon
Nancy & W. Anthony Ullman
Holly Maloney
Ellen & Keith Plapinger
Annie Valva
Francine & Allen Maltz
F
Heather & Sean Ploen
Elizabeth Vassallo
Kevin Plummer
Megan Vassallo
Thomas Poaps
Cassandra Velazquez
Kate Pokorny
Michele Velchik
Ashley Marlenga
Allison & Robert Popeo
Jane Ventrone
Susan & Bob Marren
Diane Popeo
Tran Vu ‘00
Ellen Powers
Alyson Walker
Caitlin Prendergast
Kathleen & Keith Wallace
Leo Marshall
Allison Price
Timothy Wang & Gregg McCarty Wang
Elizabeth Martin
Anne & Stuart Randle
David & Gwen Wanger
Andrea Martinez
Ashley Randlett
Elizabeth Ward
Vicki Massaroni
Elizabeth Ratto & Roy Y. Liu
Jennifer Weingarden
Geoff Mathison
Natalie Rebot
Megan Wells-Jamieson & Scott Stevens
John Reece
David Whelan
Shontel McAlpine
Paul Reed
Donna White
Victoria & James McCarthy
Elizabeth Resor
Annette P. Wilton
Katherine McCord
Lorraine Reynolds
Samantha Witkes
Kate McCusker
Leslie Riedel & Scott Friend/
Joyce & Terry McDonough
Elizabeth McEvoy
Susanne & Chad Robertson
Suzanne Worden & Stephen Farley
Struan Robertson
Lisa Zannella
Adriana Rojas G.
Jeri Zeder & Joseph Pato
Hillary Rose
Amy & Alex Zengo
Doreen McGuire
Melissa Rubin
Karen Zweig
Caroline McLinen
Gail Ryan
Sven Meier
John Ryan
Elizabeth Mensi
Alice & Herbert Sachs
Shari Malyn & Jonathan Abbott
D
Kristen Mangelinkx
Laura Mangurian
14
Lisa Schulz & George Mandt
V
Kate Keller
Andrew H. Cohn & Marcia Leavitt
F
V
Clayton Marsh
Kim Marshall
V
V
F
Peter & Porter May
V
Tricia & Geoffrey McGean
F
Anne McGowan
Molly McGuinness & Jon Gistis
V
Harris Family Foundation
D
Kristen Wolf
F
Josh Wolman
This report is accurate to the best of our knowledge.
We sincerely apologize for any error or omission.
Steppingstone would like to thank the
following corporations for their generous
support.
Gifts were made to Steppingstone in honor
of the following individuals:
BB&N Class of 1997 Steppingstone Scholars
$5,000+
Donavan Brown ‘95
Chase Brown Phillips
The Charles Hotel
Carnegie Communications’ clients
Di Santo Design
Abby Drew Cohen
UP TO $4,999
Sarah Conrad
Barb & Rob Cunningham
Richard Eckel
Allegra Print & Imaging
Kelly Glew
America’s Growth Capital
Lynne & Robert Golden
Aspen Tech, Inc.
William Helman
Barefoot Wine & Bubbly
Allison Johnson
Belmont Day School
Isabelle Loring
Biltmore Grill
Erika & Lauren Mandt
Boston Bruins
Doreen & John McLaughlin
Boston Center for Adult Education
Anne & Jeff Mitchell
Carnegie Communications
The Moreno Family
Carney, Sandoe & Associates
Virginia & Michele Mulhern
Castanea Partners
Kate Nielson
Cynthia Rowley
Deborah Robinson
Derby Academy
Lauren Rossi
First Act, Inc.
Allison Savage
Four Seasons Hotel, Boston
Brent Shay
Friel Golf Management, Co.
Aleksandr & Laura Forsberg White
Hingham Savings Bank
ilexDesigns
Jen Hawkins Events
Gifts were made to Steppingstone in memory
of the following individuals:
Katie Wilton Peterson
Kimberly McMahon
Ed Dombrowski
La Campania
John Solomon
Lindt & Sprungli
LuxLash
Mandarin Oriental Hotel, Boston
Gifts were made to Steppingstone in honor
of the weddings of:
Mepal Manor
OMBE, Kristen Foresta
OMBE, Lisa Grodsky
OMBE, Rachel Lappen
OMBE, Kristen Lutz
The Park School
Parthenon Group
Post 390
Publick House
Samuel Adams
Simplicity Chef
The Knot
The Ritz-Carlton, Boston
Tie Your Apron
Top of the Hub
Vineyard Vines
Wachusett Mountain
Westin Copley Place
Wine Bottega
Winston Flowers
Xaverian Brothers High School
Steppingstone would like to thank
the following corporations for their
matching gifts:
Anonymous
Bank of America Foundation
BNY Mellon
Computer Associates
Grantham, Mayo, Van Otterloo & Co. LLC
Pamet Capital
Wells Fargo Foundation
Jennifer Berylson & Jon Block
Rebecca Berman & Franklin Huang
We are so grateful to these couples for
suggesting Steppingstone to their friends
and family and for their generous support.
Thank you to SSATB which selected
Steppingstone for its community service
project at its annual conference. SSATB
members surpassed their goal and raised
$4,000 dollars to help send 30 Scholars on
their next tour to colleges in western
Massachusetts and upstate New York.
Berylson Fund for
Leadership Development
Recognizing that attracting and retaining
staff is a key issue for not-for-profits,
Amy Smith Berylson and John Berylson
established The Berylson Fund for Leadership
Development to provide Steppingstone’s
leadership staff with the opportunity to
engage in high-level professional development opportunities in order to best serve the
needs of a growing organization.
The Berylson Fund has supported the
design and implementation of an employee
evaluation system to increase performance,
motivation, and job satisfaction.
We are grateful for the Berylsons’
thoughtful and generous investment in Steppingstone’s future.
Summer Opportunities Fund
There are many summer programs that
provide students with experience or academic
skills that encourage them to grow outside
of the classroom, as well as help them stand
out from the college applicant pool. In 2006,
The Steppingstone Foundation created the
Summer Opportunities Fund to provide
Scholars with the financial assistance they
need to participate in such summer programs. In 2010, Scholars took part in the following programs:
The Winsor School’s then-rising senior,
Lisa Luo ’04, spent the summer at Community
Rowing. This competitive summer program
is designed for athletes who are looking to
improve their rowing skills, compete at a high
level on a national scale, and develop in a
team environment.
The summer before his senior year at
The Roxbury Latin School, Bence Budavari
’05 spent a weekend at Berklee College of
Music in the Music Technology Division.
He attended a series of intensive workshops
covering many facets of music production
technology.
Catholic Memorial School’s Malcolm
Grant ’05 spent five weeks at the Rob Burton
Training Village. The program is year-round
with a summer component and offers campers
support and mentoring in areas such as:
education, social skills, morals, values, leadership, and fitness.
Jamelia Willock ’05 spent the summer
before her senior year at the John D. O’Bryant
School on the campus of Brown University.
The Summer@Brown program is a two-week
residential program that allows students to
take college courses, advance their studies,
and prepare for college success.
National Student Leadership Conference
(NSLC) provided Thayer Academy thenjunior, Olivia Lau ’06, with the opportunity
to experience campus life at the University
of Maryland. Olivia was able to develop essential leadership skills, explore future careers
through exciting simulations, and participate
in exclusive site visits and interactive meetings
with renowned leaders in various fields.
Kevin Figueroa ’07 spent the summer
before his senior year at Boston College High
School traveling to Italy, Austria, Switzerland,
and France with People to People, an organization that promotes international understanding and friendship through educational,
cultural, and humanitarian activities.
Noble and Greenough School’s Jennifer
Ngo ’07 spent the summer before her senior
year at LEAD Business. A national partnership of the top U.S. corporations and graduate
schools, LEAD Business is a four-week
residential program that encourages talented
students from diverse backgrounds to pursue
business.
15
Financial Statements for December 31, 2010
The Steppingstone Foundation, Boston, and Steppingstone Scholars, Inc., Philadelphia
BostonPhiladelphia
Total
Consolidating Schedule of Financial Position
Assets
Current Assets
Cash and cash equivalents
537,218 452,802 Contributions receivable
720,276 -
720,276
Prepaid expenses and deposit
157,101 11,492 168,593
Investments
2,201,397 Beneficial interest in perpetual trust
-
1,054,114
60,264 990,020
3,255,511
60,264
Property and equipment,
at cost less accumulated depreciation
Total Assets
58,755 5,622 64,377
3,674,747 1,584,294 5,259,041
Liabilities & Net Assets
Current Liabilities
Accounts payable and accrued expenses
Deferred revenue
Total Liabilities
302,162 17,171 77,220 10,000 319,333
87,220
379,382 27,171 406,553
Net Assets
Unrestricted
Operations 1,179,191 446,084
1,625,275
Board Designated
1,000,000 -
1,000,000
Total Unrestricted Net Assets
2,179,191 446,084 2,625,275
Temporarily restricted
1,116,174 66,133 1,182,307
1,044,906 1,044,906
Permanently restricted
- Total Net Assets
3,295,365 1,557,123 4,852,488
Total Liabilities and Net Assets
3,674,747
1,584,294
5,259,041
Consolidating Schedule of Activities
Revenue, Gains and Other Support
Fundraising Events
848,885 Less cost of direct benefit to donors
Net Fundraising Event Revenue
Contributions and grants
417,182 (129,793)
1,029,180 2,680,931 893,290 3,573,221
Interest
2,671 19,059 7,193 -
Membership Income
127,333 Realized & unrealized gains on investments
Gain on beneficial interest in perpetual trust
Total Revenue, Gains & Other Support
(236,887)
287,389 4,649 1,266,067
741,791 Growth campaign contributions
Other income
16
(107,094)
6,927
- 3,571,495 - - 36,242 4,649
21,730
7,193
127,333
43,169
6,159 6,159
1,242,139 4,812,634
Expenses and Losses
Program Services
The Steppingstone Academy - Boston
College Success Academy - Boston
Scholars Program - Philadelphia
2,483,126 -
95,602
- 650,551 National Partnership for Educational Access
327,845 -
Replication
131,496 -
Total Program Services
3,038,069 650,551 2,483,126
95,602
650,551
327,845
130,496
3,687,620
Supporting Services
General and administrative 435,491 169,413 611,822 204,297 816,119
Total Supporting Services
1,047,313 373,710 1,421,023
Total Expenses
4,085,382 1,024,261 5,108,643
217,878 (296,009)
Development
Change in net assets
(513,887)
604,904
Net Assets at Beginning of Year
3,809,252 1,339,245 5,148,497
Net Assets at End of Year
3,295,365 1,557,123 4,852,488
About Steppingstone
Founded in 1990, The Steppingstone
Foundation is a non-profit organization
that develops and implements programs
which prepare urban schoolchildren for
educational opportunities that lead to
college success. Based on the premise
that, regardless of circumstance, children
can achieve at high levels academically
if given the proper preparation and
support, Steppingstone programs
emphasize rigorous standards and achieve
meaningful results.
Steppingstone programs include:
The Steppingstone Academy Boston
Steppingstone Scholars, Inc. Philadelphia
The Steppingstone Academy Hartford
National Partnership for
Educational Access
College Success Academy Boston
For more information about
Steppingstone, you can reach us at:
155 Federal Street, Suite 800
Boston, MA 02110
617-423-6300 phone
617-423-6303 fax
www.tsf.org
The Steppingstone Foundation is committed
to a policy of equal treatment for all individuals.
The Steppingstone Foundation is grateful
to the following individuals and firms who
donated or discounted their services to make
the design and printing of this annual report
possible:
Bill MIles Productions
Margaret CrowE Photography
Meg Birnbaum Photography
Di Santo Design
Barton Productions
Hanson Printing Company
© 2011 The Steppingstone Foundation
This brochure has been printed on recycled paper.
17
N i c h o l a s C o r r e i r a ’11
The Steppingstone Academy
Nicholas Correira
®
www.tsf.org
is a seventh grader at
Brimmer and May
School this fall.
He serves on The
Steppingstone Academy
Leadership Council and
loves Latin, acting, and
singing. Nicholas says his
greatest accomplishment
so far is joining
Steppingstone.
.............