2011_Annual_Report_0 by yantingting


									                                                                                    INVESTORS REPORT 2011

826 Broadway, 9th floor New York, NY 10003 (212) 227-6601 robinhood.org

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                                                                                                                                                              NEEdEd mORE ThaN EVER BEfORE
                                                                                                                                                                      We have been on the front lines of the fight against poverty in New
                                                                                                                                                                      York City for more than 23 years, and we have never seen such a
                                                                                                                                                                      perfect storm of overwhelming need and unrelenting hardship. In
                                                                                                                                                                      fact, the 2011 Census revealed that New York City’s poverty rate is
                                                                                                                                                                      growing faster than that of the nation. Some of the more sobering
                                                                                                                                                                      statistics include:

             Opening Letter........................................................................................................... 1                              » One in three New York City children now live in poverty, an 11%
                                                                                                                                                                        increase over 2009.
             Leadership .............................................................................................................. 2                              » 10,000 families entered the city’s homeless shelter system
                                                                                                                                                                        last year.
             2011 Investments ......................................................................................................3
                                                                                                                                                                      » 365,000 New Yorkers looked for a job, but couldn’t find one.
             how You Can make a Greater Impact ...................................................................4
                                                                                                                                                                      Yes, it was another difficult year in New York City’s poorest
                                                                                                                                                                      neighborhoods, but here is the hopeful part: in the midst of this
             Be Robin hood .................................................................................................................... 5
                                                                                                                                                                      despair we were able to substantially improve the quality of life
                                                                                                                                                                      for over 400,000 of our neighbors. Even as the government
             Give Your Time and Expertise .................................................................................6
                                                                                                                                                                      slashed its funding of social services, Robin Hood remained
                                                                                                                                                                      committed to more than 200 innovative, community-based
             Get Your Company Involved ....................................................................................6
                                                                                                                                                                      programs that are making a real difference in the lives of
                                                                                                                                                                      individuals and families trying to lift themselves up out of
             Get Your family Involved ......................................................................................... 7
                                                                                                                                                                      poverty. What should be remembered about last year is that
                                                                                                                                                                      at the moment of our neighbors’ greatest need, Robin Hood
             2011: The Year in Numbers ................................................................................ 8,9
                                                                                                                                                                      was there.
             Education ........................................................................................................... 10, 11                             And thanks to the generous support of Barbara and Ray Dalio’s $10
                                                                                                                                                                      million challenge grant, we are able to make sure we keep those
             Jobs and Economic Security ...............................................................................12,13                                          commitments in the months to come.

             Early Childhood and Youth ............................................................................14,15                                              On the following pages you will be able to see precisely how we
                                                                                                                                                                      invested your money, and learn the impact that your support
             Survival .............................................................................................................16, 17                             has made possible. In the final accounting, we know that lives
                                                                                                                                                                      have been saved, fates have been changed and families have
             Veterans Initiative ..........................................................................................18,19                                      been strengthened.

             financial Statement ............................................................................................. 20                                     Read on, and you’ll see that your investments not only
                                                                                                                                                                      outperformed the Dow—they produced transformative change in
                                                                                                                                                                      exceedingly trying times.

                                                                                                                                                                      David Saltzman
                                                                                                                                                                      Executive Director

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    BOaRd Of dIRECTORS                                                          2011 INVESTmENTS: $146 mILLION
            Lee S. Ainslie III, Chair          Peter D. Kiernan III                      Because Robin Hood’s board covers all overhead costs,
            Daniel S. Och, Vice Chair          Kenneth G. Langone                        100% of your donations went to the programs and
            Barry Sternlicht, Vice Chair       Mary McCormick                            initiatives we support. Here’s how we invested your gift
            Victoria B. Bjorklund              Doug Morris                               to fight poverty in 2011.
            Scott Bommer                       Gwyneth Paltrow
            Peter F. Borish                    Robert Pittman
            Geoffrey Canada                    David Puth
            Maurice Chessa                     Larry Robbins
            Steven A. Cohen                    Alan D. Schwartz
            Glenn Dubin                        David M. Solomon
            Marian Wright Edelman              Jes Staley
            David Einhorn                      Max Stone
            Julius Gaudio                      John Sykes
            John A. Griffin                    David Tepper
            Doug Haynes                        Harvey Weinstein
            Jeffrey R. Immelt                  Brian Williams
            Paul Tudor Jones II, Founder       Jeff Zucker
                                                                                                                      50% Education and Youth

                                                                                                                     22% Jobs and Economic Security

                                                                                                                      15% Survival (housing, health, hunger)
                                                                                                                      10% Early Childhood
                                                                                                                       3% Management Assistance,
                                                                                                                          Capital and In-kind
            Cecily Carson, Chair               Jonathan Harris
            Atiim Barber                       Nancy Jarecki
            John D. Clark                      Peter Muller
            Anthony Davis                      Alex Navab
            Anne Dinning                       Jack L. Oliver III
            John DiRocco                       Antonio 'LA' Reid
            Adam R. Flatto

            Steven A. Cohen, Co-chair          Deborah Mullen
            Admiral Michael Mullen, Co-chair   Jes Staley
            William A. Ackman                  Jon Stewart
            Lloyd C. Blankfein                 Bob Woodruff
            Tom Brokaw
            Anthony Crowell
            Eric Greitens
            Doug Haynes
            Kenneth B. Mehlman
            Wes Moore
            Doug Morris
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    hOW YOu CaN maKE a GREaTER ImPaCT                                                          BE ROBIN hOOd
                                                                                                                Because of the urgent needs facing poor New Yorkers, Robin
          1   Every cent of every dollar donated is put to work.                                                Hood does not set aside donations in an endowment fund. This
                                                                                                                means that every year, Robin Hood relies entirely on donations
              At Robin Hood, 100% of every donation goes directly to fighting
                                                                                                                to support more than 200 of the most effective programs and
              poverty. Robin Hood’s board underwrites all of Robin Hood’s
                                                                                                                schools in New York City’s poorest neighborhoods. Every gift
              administrative expenses. That means every dollar donated is
                                                                                                                makes a difference.
              used to fund the most effective poverty-fighting organizations
              in New York City.
                                                                                                                Give to Robin Hood online at robinhood.org, or mail your check
          2   Robin hood has no endowment.
              We must raise every poverty-fighting dollar we distribute each                    100%
                                                                                                                using the enclosed response envelope.

              year. That means that both the number of people we can help                       of every        double your impact by checking whether your employer matches
              and the depth of that help fully depend on our generous donors.                                   charitable gifts. Spouses can sometimes get a second corporate
          3   Robin hood uses sophisticated metrics                                             goes directly
                                                                                                                match. Ask your company’s H.R. department for the form.

              to estimate the impact of all our grants.                                         to fighting
              We make grant decisions to maximize impact, much like a                                           Celebrate friends and family milestones with a donation to
              financial manager chooses investments to maximize profit.                         poverty.        Robin Hood in their honor.
              The upshot: a 15:1 return on your investment dollar. Thus, a
              $1,000 investment translates into $15,000 in benefits to low-
              income New Yorkers.                                                                               Send Robin Hood’s holiday cards, a festive way to spread the
                                                                                                                word about Robin Hood’s work.
              A white paper about how we calculate benefit-cost estimates
              can be read at www.robinhood.org/metrics.
                                                                                                                Run with Robin Hood’s marathon team and raise money and
          4   Robin hood adds value through management                                                          visibility for the fight against poverty.
              assistance and rigorous third-party evaluation.
              Strategy, finance, marketing and other forms of management                                        Join the Archer Legacy and ensure that your bequests and estate
              consulting further protect your investment. Capital assistance                                    plans have the maximum impact in helping poor New Yorkers.
              adds value by ensuring the successful outcome of our real
              estate projects. In 2011, Robin Hood executed 126 management                                      Visit robinhood.org/take-action or email info@robinhood.org for
              assistance projects, including work by pro bono partners valued                                   more information.
              at $6.7 million.

          5   Robin hood gets results.
              We find, fund and partner with the most effective anti-poverty
              programs in the city. When they work, we find ways to bring their
              successes to scale. When they falter, we bring in experts to fix the
              problem. And if the problems persist, we discontinue funding.
              This may appear harsh, but in reality every misspent dollar is a
              missed opportunity to help a struggling New Yorker.

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    GIVE YOuR TImE aNd ExPERTISE                                                            GET YOuR famILY INVOLVEd
             When smart people come together to help their neighbors,                       In small towns across America, when someone is in trouble their neighbors come to
             extraordinary things happen. An investment of your time makes                  their aid. If a neighbor lost a job, you would bring over dinner, and your children would
             an enormous difference in the lives of New Yorkers in need, and                learn that we all have a responsibility to help. But what can you do in a city where
             Robin Hood-supported organizations offer numerous                              1.8 million of your neighbors suffer from hunger and homelessness, hidden from
             opportunities to get involved.                                                 view? What tools can caring parents use to help our children learn of their neighbors
                                                                                            needs and how best to help? Robin Hood has created programs to do just that.
             Serve on a nonprofit board and bring key skills and
             resources to a Robin Hood grantee. Robin Hood plays a pivotal                  Lemonaid Our program where younger children raise funds
             role in uniting organizations and candidates for board positions.              by opening lemonade stands. It is a wonderful introduction to
                                                                                            the importance of caring for our neighbors. Events are held each        Teach your
             Provide pro bono services to organizations looking to                          year in Westchester and the Hamptons. Last year, our littlest
             build and improve their outcomes through strategic planning,                   heroes raised $100,000 through LemonAid to fight poverty.
             marketing, finance, technology or legal services.                                                                                                      how to
                                                                                            Camp Robin hood An eye-opening, horizon-widening, sobering
             To learn about joining a board or providing pro bono services,
             contact boardplacement@robinhood.org
                                                                                            yet inspiring introduction to the state of poverty in New York
                                                                                            City. Designed for teens ages 14-18, Camp Robin Hood
                                                                                            provides a thorough introduction to understanding poverty-              the world.
                                                                                            fighting in general and Robin Hood in particular. It is a truly
    GET YOuR COmPaNY INVOLVEd                                                               transformational experience.
                                                                                            Robin hood fellows Camp Robin Hood 2.0. The Robin Hood
             When companies support Robin Hood, they make a strategic                       Fellows program offers graduates of Camp Robin Hood the
             investment in the city’s most effective poverty-fighting                       chance to gain a more in-depth understanding of Robin Hood’s
             organizations. Companies that give to Robin Hood at the                        innovative approach to helping New Yorkers in need.
             Corporate Leadership Partner level of $250,000 or more annually
             are eligible to experience firsthand the remarkable work of our                Teen Council Designed to give students an introduction to
             community partners through individually tailored group                         poverty fighting in action. Dozens of Camp Robin Hood alumni
             volunteer events. We also connect corporations and grantees                    from the tri-state area meet monthly to continue to learn about
             to pro bono and in-kind opportunities. To learn more, email                    poverty in New York City and ways to make a difference.
             corporate@robinhood.org.                                                       Robin hood Clubs A way for teens who are interested in
             CORPORaTE LEadERShIP PaRTNERS                                                  Robin Hood’s mission to get involved through their high
             American Securities               Google Inc.
                                                                                            schools. Students learn about poverty issues and raise
             Bain & Company *                  Harry Winston, Inc.                          awareness, as well as raise funds, to support other schools in
             Barclays Capital                  J.P. Morgan Chase & Co.                      low-income neighborhoods. Robin Hood Clubs have been
             BlackRock Financial               Maverick Capital Foundation                  started at Trinity, Fieldston, Dalton, Riverdale Country School
               Management, Inc.                McKinsey & Company *                         and Scarsdale High School.
             The Burberry Foundation           Monitor Company *
             Calvin Klein, Inc.                                                             You can also give to Robin Hood throughout the year. Think
                                               NBCUniversal *
             Clear Channel                                                                  of us during your family’s special occasions (weddings, bar/
                                               Simpson Thacher & Bartlett LLP *
               Communications, Inc.*
             Deloitte Consulting *             SNR Denton LLP *                             bat mitzvahs, anniversaries, birthdays and other important
             Eventbrite *                      Soros Fund Management LLC                    milestones), and consider requesting donations in lieu of gifts,
             The Georgetown Company *          Sotheby’s *                                  or donating to Robin Hood in lieu of party favors.
             Goldman Sachs & Co.               Stroock & Stroock & Lavan LLP *
                                                                                            To learn how to get your family more involved, contact Marianne
                                               * Pro bono/ In-Kind Partners                 Macrae at macrae@robinhood.org or (212) 227-6601.
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                                                                                                       Your generosity enabled                            Robin Hood was the largest private
                                                                                                       Robin Hood to remain New                           funder of housing programs
                                                                                                       York City’s largest private                        in the city. We helped to shelter over
                                                                                                       funder of job training
    2011: ThE YEaR IN NumBERS                                                                          programs. Our job training
                                                                                                       grants helped nearly                               children and

    Last year, thanks to your generous support, Robin Hood was able to provide desperately
                                                                                                       5,000                                              adults.
    needed funds to the most effective, outcome-based poverty-fighting programs in                     individuals find
    New York City. Your contributions came at a time when government funding for                       and keep work.
    social programs was slashed, even as millions of our neighbors struggled in the face
    of unemployment, homelessness and other day-to-day challenges. In 2011, when                                                                                         Robin Hood helped
    New Yorkers needed you more than ever, you rose to the occasion and donated more
    than ever before. Thank you!                                                                                                                                        85,000
                                                                                                                                                                         New Yorkers stay
                                                                                                       Our educational          programs                                 above the poverty level by
      With your help, Robin Hood invested over

      $146 million                                   200 of the most effective
                                                                                                       benefited almost                                                  helping them claim
                                    in more than
      poverty-fighting programs in New York City.                                                      55,000                                                            $250 million
                                                                                                       students and influenced                                           in tax refunds and benefits.

                                                                                                       education standards
                                                                                                       throughout New York City.

                                                 Robin Hood was once again
                                                 the largest private funder of
      Your support improved the                  emergency food groups                                                                                                   3unforgettable
      lives of over                              in New York City, contributing
      400,000                                    $4.25 million                                         You donated   $12 million                                         Last year, three music
                                                                                                                                                                         legends (Lady Gaga, Sting
      struggling New Yorkers                                                                           to provide social services, jobs and housing for
                                                 to provide
      —more people than the                                                                                                                                              and the Black Eyed Peas)

                                                 over 5 million
                                                                                                       veterans living in poverty in New York City.
      entire population of Miami.                                                                                                                                        made a difference. They
                                                                                                       Your generosity will enable us to open a center

                                                                                                                                                                         raised money, spread the
                                                                                                       that will provide mental health services for families
                                                                                                                                                                         word and rocked the house.
                                                                                                       of veterans. Your support will help us find
                                                                                                       housing for every single homeless veteran living
                                                                                                       on the streets of this city.

                                                                                                       ThaNK YOu fOR BEING ROBIN hOOd!
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                                                                                                    dollars dedicated to this work are to extend services beyond what
                                                                                                    government dollars might do.

                                                                                                    In addition to these efforts, Robin Hood is building a KIPP
                                                                                                    College Prep High School in the South Bronx. We’re supporting
                                                                                                    the Relay Graduate School of Education to train New York City
                                                                                                    teachers to be more effective. And thanks to your contributions,
                                                                                                    we were able to improve the level of education in New York City
     Problem:     In New York’s poorest neighborhoods, children have a better                       by supporting the following grantees:
                  chance of going to prison than college.                                                                                                                 You helped
                                                                                                    Achievement First                    New York-Presbyterian Morgan
                                                                                                                                                                          us to
     approach:    Education is the best poverty-prevention method out there.
                                                                                                    Advocates for Children
                                                                                                    Astor Services for
                                                                                                                                           Stanley Children's Hospital
                                                                                                                                         Northside Center for
                  Robin Hood supports superior schools—public, private and                            Children and Families                Child Development              provide a
                  parochial—in the city’s poorest neighborhoods. These schools                      Beginning with Children Foundation   Partnership with Children
                                                                                                    Blue Engine                          Project Step-Up, McSilver        first-class
                  emphasize rigorous academics, dynamic leadership and
                                                                                                                                           Institute for Poverty Policy
                  utilize an extended day and extended year model. We also                          The Center for Attention and
                                                                                                                                           and Research, NYU Silver       education
                                                                                                      Learning at Lenox Hill Hospital
                  support programs that prevent students from falling behind,                                                              School of Social Work
                                                                                                    Center for Environment,
                                                                                                                                         Reading Partners
                                                                                                                                                                          to almost
                  reinvigorate teaching and provide students with needed                              Economy & Society
                  mental and social services.                                                       The Children's Storefront
                                                                                                    College Bound Initiative, Young
                                                                                                                                         Regents Research Fund
                                                                                                                                         Relay Graduate School            55,000
     Impact:      Last year, our programs provided a first class education to                         Women’s Leadership Network           of Education
                                                                                                                                         School of One
                                                                                                                                                                          students and
                  almost 55,000 students in grades K through 12—a number that                       Comprehensive Development Inc.
                  exceeds the size of all but 80 school districts in the country.                   CFY                                  SCO Family of Services           influence
                                                                                                    Cristo Rey New York High School      Success Charter Network
                                                                                                    Democracy Prep Public Schools        Teach for America, New York      educational
                  Charter Schools                                                                   Dream Charter School                 Thurgood Marshall Academy
                  Robin Hood-funded charter schools outperform schools in their                     Eagle Academy Foundation
                                                                                                                                           for Learning and Social        practices and
                                                                                                                                           Change, Abyssinian
                  surrounding school districts by nearly 30 percentage points in                    Explore Schools Inc.                   Development Corporation        standards of
                  math. In 2011, more than 75% of students at Robin Hood-funded                     FAN4Kids                             Turnaround for Children
                  charter schools were on grade level in math, while only 57% were                  Friends of the Children              Uncommon Schools, Inc.
                                                                                                                                                                          the entire NYC
                                                                                                    Gary Klinsky Children's Center
                  meeting the standard citywide.
                                                                                                    Global Kids, Inc.
                                                                                                                                         Urban Arts Partnership           school system.
                                                                                                                                         Urban Assembly Academy
                                                                                                    The GO Project
                  Transfer high Schools                                                             Good Shepherd Services
                                                                                                                                           for Arts and Letters
                                                                                                                                         The Urban Assembly
                  Robin Hood supports eight special high schools for students who                   Harlem RBI                             New York Harbor School
                  are too old for traditional schools and haven’t earned sufficient                 Harlem Village Academies             Urban Assembly School for
                  credits to graduate. Many have already dropped out of more than                   iMentor                                Law & Justice, the Adams
                                                                                                    Jewish Child Care Association          Street Foundation
                  one high school. At these high schools, however, those who
                                                                                                    KIPP NYC
                  remain in school are highly likely to graduate (70% of those
                                                                                                    League Education and
                  eligible for graduation will graduate), and the college-going rate of               Treatment Center
                  almost 35% far exceeds expectations for this student population.                  Liberty LEADS, Bank Street
                                                                                                      College of Education
                  School-Based mental health                                                        National Adolescent Sexuality
                                                                                                      Training Center, Children's
                  As one of the leading private funders of school-based mental                        Aid Society
                  health, Robin Hood recognizes the importance of addressing                        New York City Charter
                  all the needs of children so that they may learn. Oftentimes the                    Schools Center

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                  JOBS SECuRITY
                                                                                                 1199 SEIU Bill Michelson                Mayor’s Fund to Advance New York
                                                                                                   Home Care Education Fund                City - Conditional Cash Transfers
                                                                                                 Acción USA                              MDRC
                                                                                                 Argus Community, Inc.                   Metropolitan Council

                                                                                                 Ariva                                     on Jewish Poverty
                                                                                                 Association of the Bar                  Minkwon
                                                                                                   of the City of New York Fund          Neighborhood Economic
                                                                                                                                           Development Advocacy Project
                                                                                                 Bedford Stuyvesant
                                                                                                                                         New York City College of Technology
                                                                                                   Restoration Corporation
                                                                                                                                         New York City Financial Network
                                                                                                 Brooklyn Navy Yard                        Action Consortium
                                                                                                   Development Corporation
                                                                                                                                         New York Community
     Problem:     Every day, 365,000 New Yorkers look for a job, but can’t find one.             Bronx Defenders                           Organizing Fund, Inc.
                                                                                                 BronxWorks                              New York Legal Assistance Group       Your support
     approach:    Robin Hood’s job programs have helped thousands of people                      Center for Employment                   Nontraditional Employment
                                                                                                                                                                               helped nearly
                  get jobs, despite such barriers to employment as histories of                    Opportunities                           For Women

                                                                                                 Center for Family Life in Sunset Park   Northern Manhattan
                  substance abuse, incarceration and homelessness. We also
                                                                                                 Center for Immigrant Health               Improvement Corporation
                  support organizations that create economic security for                                                                NYC Dist. Council of Carpenters
                                                                                                 Center for Urban
                  low-income individuals by providing legal assistance and help                    Community Services                      Apprenticeship, Journeyman          people find
                  securing public entitlements, as well as financial and legal                   The Child Center of New York              Retraining, Education &
                                                                                                                                                                               and keep a
                  counseling, free banking services, loans and technical                                                                   Industry Fund
                                                                                                 Chinese American
                  guidance in starting a business.                                                 Planning Council, Inc.
                                                                                                                                         Outreach Project                      steady job.
                                                                                                                                         Part Of The Solution
                                                                                                 Cooper Union
                  Robin Hood also helps poor working families gain access to                                                             Per Scholas
                                                                                                 Credit Where Credit Is Due
                  public benefits and tax credits through our Single Stop and                    The Doe Fund
                                                                                                                                         Project Hospitality
                  Earned Income Tax Credit (E.I.T.C.) initiatives. Single Stop                   East River Development Alliance
                                                                                                                                         Project Renewal
                  provides free and confidential information about obtaining                     Edith and Carl Marks Jewish             Public Health Solutions
                  social services, as well as financial counseling in low-income                   Community House of Bensonhurst
                                                                                                                                         Restaurant Opportunity
                  neighborhoods. E.I.T.C. educates poor working New Yorkers                      Fifth Avenue Committee                    Center of New York
                  about filing for tax refunds they’re owed and helps them                       The Financial Clinic                    SCO Family of Services
                                                                                                 Food Bank for New York City             SCORE
                  prepare their returns and file for the credits at no cost.
                                                                                                 Fortune Society                         Seedco
     Impact:      Even in one of the worst job markets in decades, our job                       Give An Hour                            Selfhelp Community Services, Inc.
                  training programs were able to help nearly 5,000 people find                   Goddard Riverside                       Single Stop USA
                                                                                                   Community Center                      Southwest Brooklyn Industrial
                  and keep steady employment at salaries of roughly $25,000.
                                                                                                 Good Shepherd Services                    Development Corporation
                                                                                                 Grace Institute                         St. John’s Bread & Life Program
                  Our Single Stop services enabled 85,000 working New Yorkers
                                                                                                 Grameen America                         St. Nicks Alliance
                  to stay above the poverty level by helping them claim $250                                                             Sunnyside Community Service
                                                                                                 Grand Street Settlement
                  million in tax refunds and benefits.                                                                                   Sustainable South Bronx
                                                                                                 Groundwork, Inc.
                                                                                                 Harlem Children’s Zone                  Urban Justice Center
                  Last year, thanks to your contribution, we were able to support                                                        Veterans Across America
                                                                                                 Health Leads
                  the following Jobs & Economic Security grantees:                                                                       West Side Campaign
                                                                                                 Henry Street Settlement
                                                                                                                                           Against Hunger
                                                                                                 Highbridge Community Life Center
                                                                                                                                         Women in Need
                                                                                                 The HOPE Program
                                                                                                                                         Women’s Center for Education
                                                                                                 Institute for Family Health               and Career Advancement
                                                                                                 Legal Aid Society                       Women’s Housing and Economic
                                                                                                 Legal Services NYC                        Development Corp.
                                                                                                 LIFT                                    Year Up
                                                                                                 Make the Road New York                  Yorkville Common Pantry
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                   EaRLY ChILdhOOd
     ROBIN HOOD                                                                                                    Northside Center for              Staten Island Mental Health Society
                                                                                                                     Child Development               University Settlement Society
                                                                                                                   Phipps Community Development

                  aNd YOuTh
                                                                                                                                                     Visiting Nurse Service of New York
                                                                                                                   SCO Family of Services

                                                                                                                   dISadVaNTaGEd YOuTh
                                                                                                       Problem:    Over 200,000 low-income young adults are not in school, not
                                                                                                                   employed and not going anywhere.

                                                                                                       approach:   Our approach is simple and effective: do everything possible to
                                                                                                                   connect young people to an education, a job and a future with
                                                                                                                   promise. We invest in a network of opportunities in the
                  EaRLY ChILdhOOd                                                                                  community that help disadvantaged young people get into
     Problem:     30% of New York City’s youngest children are living in poverty.                                  college and complete their education, or show them how to
                                                                                                                   find a path to obtain a meaningful job. Our youth programs are
     approach:    Robin Hood provides support early and often. We know that                                        grouped into three categories: college persistence and
                  interventions targeting young children often pack a stronger                                     graduation, G.E.D. Plus, and programs that seek to reduce high
                  impact than interventions delivered later in life.                                               risk behaviors. They all provide counseling, education and access
                                                                                                                   to other support services.
                  Poor children are born with the odds already stacked against
                  them. They suffer extremely high rates of low birth weight and                       Impact:     Robin Hood-funded programs truly change the odds. Students
                  prematurity, which can lead to a host of lifelong problems,                                      enrolled in our G.E.D. programs pass the test at rates that far
                  including increased risk of neurodevelopment problems; hearing                                   outpace the city average. With this accomplishment in hand, our
                  or vision problems; cognitive, attention and language delays;                                    programs ensure that they enter and persist in college and keep
                  and learning disabilities.                                                                       the jobs they attain at much higher rates than their peers.
                  Our comprehensive, proactive approach includes parenting                                         Last year, thanks to your contribution, we were able to help
                  education for families with infants and toddlers, high-quality                                   connect 16,500 young adults to a better life and provide
                  pre-kindergarten for three and four-year-olds and programs that                                  $16 million to the following programs:
                  treat mental health issues and developmental delays.

     Impact:      Our programs have remarkable records of success among the
                                                                                                                   Andrew Glover Youth Program
                                                                                                                                                     Kingsborough Community College
                                                                                                                                                     Lawyers for Children (LFC)
                  thousands of children they serve, reversing speech and language                                  CASES                             Mayor’s Fund to Advance NYC
                  delays and ensuring that children are better prepared to learn in                                Center for Court Innovation         –ECHOES Program
                  kindergarten and beyond.                                                                         The Child Center of New York      MDRC-ASAP Plus
                                                                                                                   College & Community Fellowship    MDRC: LaGuardia Community
                  Last year, thanks to your contribution, we granted $14 million                                   CUNY - At Home in College           College, G.E.D. Bridge
                  to the following Early Childhood programs, which in turn helped                                  Cypress Hills Local               New Community College - CUNY
                                                                                                                     Development Corporation         New Profit, Inc.’s Pathways Fund/
                  over 11,000 New York City families:                                                                                                  Social Innovation Fund
                                                                                                                   The Door
                  Abyssinian Development Corporation    Coalition for Hispanic                                     East Side House Settlement        New Settlement Apartments
                  Ackerman Institute for the Family     Family Services                                            Federation Employment and         New York Foundling Hospital
                  Albert Einstein College of Medicine   Episcopal Social Services                                    Guidance Service, Inc           Opportunities for a Better Tomorrow
                    - Early Childhood Center            Fund for Public Health in New York                         Future Now at Bronx               Phipps Community
                  Association to Benefit Children         - Nurse Family Partnership                                 Community College                 Development Corporation
                  Bloomingdale Family Program           Grand Street Settlement                                    Goddard Riverside                 Queens Community House
                  BronxWorks                            Harlem Children’s Zone                                       Community Center                Safe Horizon
                  Brookdale Hospital: Healthy           Jane Barker Brooklyn                                       Good Shepherd Services            SCO Family of Services
                    Families New York                     Child Advocacy Center                                    Harlem Health Promotion Center    Stanley M. Isaacs Neighborhood
                  Brooklyn Kindergarten Society         Little Sisters of the Assumption                           Hetrick-Martin Institute          Turning Point
                  Children’s Defense Fund                 Family Health Service                                    Inwood House                      The Way to Work
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     ROBIN HOOD                                                                               hunger
                                                                                              Robin Hood was once again the largest private funder of
                                                                                              emergency food groups in the city, spending $4.25 million to
                                                                                              provide over 5 million meals to low income families, individuals
                                                                                              and vulnerable senior citizens. Robin Hood’s support is keeping
                                                                                              open the network of over 1,000 kitchens and pantries that feed
                                                                                              New York City. Our programs distribute more than groceries—
                                                                                              they provide critical social services, connecting struggling New
                                                                                              Yorkers to benefits, job training, legal services and housing.

                                                                                              Last year, thanks to your contribution, we were able to support
                                                                                              the following Survival portfolio grantees:
     Problem:     »   38,000 people sleep in New York City shelters.
                  »   30% of children in Harlem have asthma.                                                                                                          You helped
                  »   1.4 million New Yorkers rely on emergency food.
                                                                                              After Hours Project                 HIV Law Project                     us provide over
     approach:    Survival is a matter of housing, health and hunger. We attack
                                                                                              Aid for AIDS
                                                                                              AIDS Center of Queens County
                                                                                                                                  Housing Works
                                                                                                                                  Institute for Family Health         5,000,000
                  the immediate problems of day-to-day survival by providing                  AIDS Service Center                 The Jericho Project
                  desperately needed food, shelter and health care. But a bowl of             Bellevue/NYU Program for            Lower East Side Harm                meals to hungry
                  soup, a temporary bed or one trip to the doctor isn’t enough.                 Survivors of Torture                Reduction Center
                                                                                              Bowery Residents’ Committee, Inc.   Madison Strategies Group
                                                                                                                                                                      New Yorkers.
                  Our survival programs are designed to address immediate                     The Bridge Fund of New York         Make the Road New York
                                                                                              Brookdale Hospital:                 Mayor’s Fund to Advance
                  needs while giving people the ongoing support services and                    Live Light/Live Right               New York City - Housing Help
                  counseling they need to move towards a job and a home,                      Center for New York City            Mount Sinai Adolescent
                  improved health, self-reliance and economic security.                         Neighborhoods                       Health Center
                                                                                              Center for Urban                    Mount Sinai Hepatitis C Program
                  Last year, your support helped tens of thousands of New Yorkers               Community Services
                                                                                                                                  Neighbors Together
                  and their families to survive and begin to thrive.                          Charles B. Wang
                                                                                                                                  New York Harm Reduction
                                                                                                Community Health Center
                                                                                                                                    Educators, Inc.
     Impact:      housing
                                                                                              Children’s Health Fund
                                                                                              City Harvest
                                                                                                                                  New York Legal Assistance Group
                                                                                                                                  New York Presbyterian Fund Inc. -
                  Robin Hood is the largest independent funder of housing                     Coalition for the Homeless            Audubon Family Planning Center
                  programs in New York City. Last year, we invested $8 million                Common Ground Communities:          NYU School of Medicine:
                  and provided shelter for over 5,000 adults and children. Our                  Community Solutions                 Veterans Family Support Clinic
                                                                                              Common Ground Housing               Part Of The Solution
                  housing programs provide more than a temporary roof—they                      Development Fund
                  deliver services to help homeless New Yorkers find a permanent                                                  Project Hospitality
                                                                                              Community Access
                                                                                                                                  Providence House
                  solution. In fact, 92% of those who enter Robin Hood-funded                 The Doe Fund
                                                                                                                                  Ralph Lauren Center for
                  housing programs don’t return to shelters.                                  The Family Center                     Cancer Care and Prevention
                                                                                              Family Justice Centers:             Sanctuary for Families
                  health                                                                        Mayor’s Fund to Advance
                                                                                                New York City
                                                                                                                                  St. John’s Bread & Life Program
                  In 2011, Robin Hood invested $11 million and helped 40,000                                                      Upwardly Global
                                                                                              Federation Employment and
                  New Yorkers live healthier lives. Our funding strategy is to                  Guidance Service, Inc.            Urban Health Plan, Inc.
                                                                                              Food Bank for New York City         Urban Pathways
                  actively connect low-income New Yorkers to primary health care.
                                                                                              Fund for Public Health in           Volunteers of Legal Service
                  In addition, we fund proactive, disease-specific interventions                                                  West Side Campaign Against Hunger
                                                                                                New York -Doctor’s Initiative
                  against cancer, diabetes and asthma—conditions that                         Goddard Riverside                   Women in Need
                  disproportionately afflict the poor.                                          Community Center                  Yorkville Common Pantry
                                                                                              Harlem Asthma Initiative
                                                                                              Harlem United: Community
                                                                                                AIDS Center, Inc.
                                                                                              HELP/PSI, Inc.
16                                                                                  »»   »»                                                                                             17
                        At Robin Hood’s annual benefit in May 2011, we asked donors                       We’ve also made grants to match business leaders with
                        to fund an initiative to help veterans living in poverty in New                   unemployed veterans to help them secure employment or
                        York City. Our donors’ generous response created a fund of                        career advancement through the mentors’ business networks.
                        $12.1 million to be spent over the next few years.                                In addition, we made a grant to The Brooklyn Navy Yard for its
                                                                                                          employment center that aims to place 40 vets into jobs in the
                        After meeting with the leaders of organizations representing                      first year alone.
                        vets and convening meetings of government agencies, research
                        has led staff to an initial strategy for helping vets obtain housing,             Education
                        health care and jobs, starting with 15 grants totaling over                       Education is a true path out of poverty, and we’re funding
                        $3.5 million.                                                                     programs to help keep vets on that path. Our grant to Project       Your support
                                                                                                          for Return and Opportunity in Veterans’ Education (PROVE)           will enable
                        housing                                                                           will support veterans who are newly-enrolled college students,
                        Robin Hood made a commitment to lift every single homeless                        assisting them as they transition from military service to          us to lift
                        veteran off the streets and move them into transitional or                        student life within the City University of New York.
                        permanent housing. We’ve also given grants to The Doe Fund                                                                                            EVERY
       As of 2/2012
                        to provide supportive housing and transitional work for 225                       Legal                                                               SINGLE
       $656,000         homeless veterans who have histories of addiction and                             Having an advocate—to fight evictions, to ensure access to
       Job Training
                        incarceration. And we helped Jericho Project to house 55                          health care, to appeal denial of benefits—can make all the          hOmELESS
                                                                                                          difference for a newly returned vet. We’re supporting a program
                        formerly homeless veterans, help them maintain sobriety,
                        obtain jobs and reunite with their families.                                      to provide 800 low-income veterans and their families with a        VET
                                                                                                          comprehensive array of legal assistance in civil matters            off the streets
       $600,000         health Care                                                                       including housing, consumer credit and disability benefits.
                        One in five veterans returning from Iraq and Afghanistan report                                                                                       of New York.
       Legal Services
       $540,000         a service-related disability or suffer from post traumatic stress or
       Student          major depression. We’ve enabled the N.Y.U. School of Medicine’s                   We believe that providing microloans to veterans will be a wise
       Persistence      Military Veteran Clinic to provide family-focused, comprehensive                  investment. As a group, veterans tend to be highly skilled and
       $900,000                                                                                           motivated individuals; we want to help them put those qualities
                        outreach, screening, treatment and follow-up for mental health
       Mental Health                                                                                      to work in the civilian world. Our funding will help 450 vets
                        disorders for 200 poor veterans and their families.
                                                                                                          secure small business loans and expert advice at no charge.
                        Our grant to Give an Hour/Vets Prevail will enable them to
                                                                                                          In addition to the above grants, our staff is currently reviewing
                        provide free, online cognitive behavior counseling, e-learning
                                                                                                          additional innovative grant proposals that we intend to
                        and peer-to-peer support for returning vets. It will also allow
                                                                                                          implement in the coming year at precisely the time we expect
                        G.A.H. to expand its network of volunteer professional therapists
                                                                                                          to see a greater number of veterans returning to civilian life.
                        in New York City, thereby enabling veterans to secure free direct
                        personal counseling, as well.                                                     Veterans advisory Board
                                                                                                          To help lead our Veterans Initiative, we’ve enlisted an Advisory
                        Jobs                                                                              Board dedicated to addressing the many challenges that face
                        Veterans are 3 times more likely to be unemployed. The grants                     today's veterans. It will focus on finding and developing the
                        we’ve made focus on job training and placement and will help                      most effective poverty-fighting models to help returning veterans
                        veterans build upon their existing skills to find work in                         and their families.
                        growing sectors where employers are hiring: computer
                        technology, commercial truck driving, film production and                         We’ve begun the work of helping our vets, but much remains to
                        cable network installation.                                                       be done.
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     fINaNCIaL STaTEmENT                                                                                                                  STaY IN TOuCh

     For the year that ended December 31, 2011                                                                     $ Millions
                                                                  non-board                 board
     REVENUES                                                     contributions*            contributions            total
        Net Gains on Board-Donated Investments
                                                                                                                         3.2                     » For more information about Robin Hood,
        TOTAL REVENuES                                              86.4                      76.2                    162.6                         visit the new robinhood.org.

                                                                  grants paid with          costs covered                                        » If you have any questions, please email
                                                                                            by board
                                                                                            members **               total
        Grants and Initiatives                                      97.3                      19.3                     116.6
        KIPP High School Capital Project Commitment                 —                         30.3                     30.3
        Program Salaries and Overhead                               —                           7.5                      7.5

        subtotal – program                                          97.3                      57.1                    154.4

        Communications and Events Production                        —                         14.1                      14.1
        Development Salaries and Overhead                           —                           7.0                      7.0

        subtotal – fundraising and public information               —                         21.1                      21.1

        ADMINISTRATION SALARIES AND ExPENSES                        —                          3.9                       3.9

        TOTAL ExPENSES                                              97.3                      82.1                    179.4

        CHANGE IN NET ASSETS                                        (10.9)                     (5.9)                   (16.8)

     Total Net Assets, Beginning of Year                                                                              233.6
     Total Net Assets, End of Year                                                                                    216.8

     Total Net Assets                                                                                                 216.8
     Less: Board Designated for 2012 Program Spending                                                                 (110.0)
     Less: Board Designated for 2012 Overhead                                                                          (29.6)
     Less: Donor Restricted for Future Capital Projects                                                                 (5.0)
     Less: Donor Restricted for Vets Initiative Grants                                                                  (9.4)
     Less: Donor Other Donor Restrictions
           (Timing, Purpose)                                                                                           (21.0)
     Residual Spendable Net Assets at 12/31/11 (prelim)***                                                             41.8

       * 100% of non-board contributions pay for grants and initiatives within one year. 2010 contributions were used to pay
         for grants and initiatives in 2011.
      ** 100% of all overhead costs are covered by board donations.
     *** Spendable net assets are net assets that remain after subtracting all liabilities, commitments and illiquid assets.
         This is Robin Hood’s reserve fund. Because all non-board donations are designated solely and directly for program
         grants, this reserve fund is comprised exclusively of board-donated dollars.

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