Download HEAF's 2011 Annual Report.

Annual Report 2010 – 2011
Where College is the Rule

facts
HEAF
HEAF
Total Enrollment: 437
• High Expectations middle school program: 192
• College Quest high school program: 136
• Onward college and postgraduate program: 109
Participation by Borough:
• Manhattan (Harlem and Washington Heights): 39.7%
• Bronx: 44.5%
• Brooklyn: 7.2%
• Queens: 2.7%
• Other (Westchester and New Jersey): 5.8%
Retention Rate:
• High Expectations: 96%
• College Quest: 97%
Acceptances Rate:
• High Expectations:
• College Quest:
– 91% acceptance to specialized or screened
public and parochial high schools
Graduate from
High School
Graduate from
College
Obtain Advanced
Degree
– 98% of graduating class accepted into four-year colleges or universities
– 58.3% of student acceptances were to top-tier universities
Volunteer Statistics:
• Total Number: 130
• Service Hours: 3,048
vs. the U.S.
29.5%
35%
7.6%
100%
86.7%
95%
HEAF
U.S.
* 2010 U.S. Census
HEAF 2011 Graduates

Letter from the HEAF Board:
Dear Friends,
Another year has passed, and another HEAF senior high school class has successfully entered colleges ranging from
Dartmouth and Boston University to Temple and DePauw—while another class of HEAF college seniors has graduated and
moved on to advanced study or promising careers.
At HEAF, proven success is part of our culture, our DNA, and we settle for nothing less. That is why 100 percent of our
students graduate high school, 95 percent graduate college, and 35 percent obtain an advanced degree. That is why HEAF
students enter college as well-rounded and well-prepared scholars with a global perspective and an ability to thrive on
campus and actually complete their education. And that’s why your investment in HEAF is a sound one that provides a
transformational social return.
We teach with impact, we achieve results with impact, and we provide a highly cost-effective model that has the potential to
mitigate the education crisis in low-income communities across New York City and the U.S.
The past year has been an exciting and momentous time for HEAF, and your generous support has enabled us to advance
our mission. For example, our middle school students have had the opportunity to study robotics and Chinese and participate
in an entrepreneurial initiative called Project Restaurant, in which they became restaurateurs-in-the-making and took part in
a business plan competition judged by banking executives at Capital One. In the process, the students are learning essential
21 st century skills that will prepare them for lifelong learning and career development.
Additionally, a select group of students had the opportunity to travel to Botswana through our Learning for Social Impact ®
program, which exposes students to international study, cultures, and world leaders. During our time in Africa, the students
examined the impact of the AIDS pandemic on the country and specifically on teens their own age who have been orphaned
as a result of the disease. These unique learning opportunities expose HEAF students to a world—and to a perspective—
much larger than that of their Harlem neighborhood and help make them highly attractive candidates to the most elite colleges
and universities in America.
What we do works. But we want to make education work for many more students than the 437 we currently serve. The New
York City public school system alone enrolls more than one million, and nearly half of the African-American and Latino
students attending its schools drop out. This is unacceptable. But there is an alternative. Together we can make an even
greater impact on students’ lives by expanding our program to the outer boroughs and continuing to serve as a national
model for supplemental education. We cannot expand to serve more students without your support.
Thank you again for your continued partnership and support as we transform the educational landscape in New York City—
one student, and one borough, at a time.
Calvin Sims
Chair
Dr. Danielle Moss Lee
President and CEO
Daniel Rose
Founder and Chairman Emeritus

2
student spotlight
Middle School
Miriam Gebretensae began her education with HEAF during
the summer of 2011 and instantly became a friend to her classmates.
Always cheerful upon entering the building, she engages everyone in
the room, whether peer or adult. During her HEAF classes, Miriam
is regularly engaged in lessons, willing to raise her hand and
participate consistently.
At HEAF, Miriam has been inspired to be a better person as the
HEAF staff and teachers have encouraged her to stay on the
right path and build her educational career. In her one year at
HEAF, Miriam has been on two college tours and is getting
a better understanding of what it takes to be a successful
college student. In addition, Miriam has utilized the vast
resources at HEAF to improve her grades and build healthier
friendships.
Miriam says, “Coming to HEAF was one of the smartest
decisions I’ve ever made. Even though I’ve had struggles
here at times, I realize that, in the long run, I will thank
HEAF for giving me a head start academically and helping
me understand the real world.”
Although she is new to the HEAF community, Miriam
embodies the characteristics of the very kind of
motivated student HEAF seeks to support. Miriam’s
ability to envision and work toward her future is
impressive given her age, as is her willingness to give
back to other youth in very tangible and creative ways.

High School
L’Eunice Faust prides herself on being able to share the knowledge she
gains at HEAF. In the past she has returned to her middle school to help students
identify competitive high schools and navigate the high school selection process.
At both church and school she encourages other students by informing them about
academic skill building, such as effective study habits and test taking skills.
While at HEAF, L’Eunice has discovered her passion in filmmaking. The spark was
ignited during a summer program at the Maysles Institute where she filmed and
edited two documentaries. The films gave voice to people and issues that she feels
are overlooked and neglected. One chronicles the everyday challenges of a gay teen
in New York City while the second documentary explores how
community gardens truly make a difference with respect
to global warming.
L’Eunice portrays leadership by learning
about the prominent issues in society, living
without fear to discuss them and showing
people why they should care. In general,
L’Eunice is a very strong student who
has an overall GPA of approximately
95%. Although she performs well
in nearly all of her subjects, she
reports, “HEAF pushes me to
expect the best from myself
and challenges me to evaluate
whether I’ve given something
my all. HEAF continually opens
doors for me, and I know that
HEAF is my familial support
system that encourages
and celebrates my growth
as a college-bound
student.” L’Eunice is a
constant inspiration
to both the staff and
students at HEAF.
3

4
student spotlight
Alumni
Justin Tindley began his HEAF education at the age
of 12 when he entered the 7 th grade. Although he was a strong
middle school student at the time, he knew that he was lacking
in certain subjects and knew that HEAF would be the answer. He
fell in love with HEAF and stayed in the program for 10 years,
from his beginnings in High Expectations through College
Quest and Onward. Even now Justin is actively involved with
HEAF students as their Assistant Coach for the First Tech
Challenge, a competitive, mentor-based program that builds
science, engineering and technology skills for high school
students throughout the nation.
Justin recently graduated from Syracuse University earning
a Bachelors of Science in Computer Engineering.
Through the college tours led by HEAF, Justin
felt that college was within his grasp. The most
challenging moments for him were remembering
that, even though he had to come in on
Saturdays and during summer break, excellence
was close at hand and he didn’t want to let
himself or HEAF down. The two biggest lessons
he learned at HEAF are, “always want the
most out of every experience and use your
resources. I am thankful to have HEAF
as a support group. I am truly indebted
to them; words cannot describe my
appreciation and love for this
organization.”

2010 – 2011
program highlights
The 2010 – 2011 school year has been our most
successful yet. With 328 students in our core middle
school and high school programs, and 109 HEAF
students at top-tier colleges across the country, our
innovative academic programs are impacting more
students and families than ever. Through our High
Expectations, College Quest, Onward and Youth
Development programs, we’re giving HEAF students
the tools they need to succeed—in middle school,
high school, college, and beyond.
During the last school year, we implemented new programs
that inspire young people to achieve, expand HEAF’s culture
of success throughout New York City, and set a standard for
academic excellence. Some of these innovative new programs
include:
• The Middle School Mentoring Program: Through a
partnership with the NYC Department of Education and NYC
Service, HEAF piloted a college awareness mentoring program
for middle school students at three public schools in New York.
The program partnered 15 professional mentors with 53 middle
school students to develop a college awareness campaign at
each school.
• The HEAF Apprentice: Ninth and 10 th grade students
spent the spring semester developing a business plan for a
store specializing in HEAF paraphernalia. Modeled after the
popular NBC show, “The Apprentice,” HEAF students presented
their business plans in front of HEAF’s President and CEO.
Next year, the students will implement their business plans
by opening the “HEAF Zone” store and will take a marketing
class to help increase their understanding of marketing and
merchandising.
• Middle School Advisory: This program engages both
students and teachers in a non-academic setting. Led
primarily by student volunteers from College Quest, middle
school students have the opportunity to build relationships
across grade levels through a variety of weekly team building
activities, games and conversations.
Milestones
With the contributions of friends and supporters,
HEAF has achieved significant milestones this year:
HEAF students earned nearly $625,000 in meritbased
scholarships (including the Questbridge
Scholarship to Dartmouth College and the
Posse Scholarship to Wheaton College)
20 students were accepted to the YMCA Global
Teens summer program
College Quest program was named 2011 Winner
of The College Board College Keys Compact TM
Innovation Award
HEAF students visited AREA Property Partners,
Time Warner, Essence magazine, Capital
One, Google, The National Urban League, and
The Bronx Overall Economic Development
Corporation to conduct interviews and start
their career-path exploration
5

6
2010 – 2011
program highlights
Botswana
Through the annual Learning for Social Impact ®
program, 16 high school students traveled to
Botswana for a hands-on learning opportunity that
exposes them to new cultures and challenges and
expands students’ sense of community. Earning
a spot on a Learning for Social Impact ® trip is a
coveted honor for HEAF students—the students
were selected after participating in a rigorous and
competitive application process. For six months prior
to the trip, the students participated in a weekly class
in which they learned about Botswana’s government,
history, economy, culture and how the country has
been impacted by the AIDS epidemic. As part of
the class, the students met with ABC News anchor
Deborah Roberts, who discussed her recent story
about AIDS in Africa with the students and helped
prepare them for their upcoming trip.
In Botswana, the students met with their peers,
government and local community officials—including
leaders from the Emang Basadi Women Rights
Organization, Ministry of Health, Magistrate Court,
National Assembly, village chiefs, among others,
to explore solutions to the country’s most pressing
problems, such as health, education, and women’s
rights. HEAF students also taught a class to youth
at Stepping Stones International, a local non-profit
youth development organization, about how to
be active participants in changing the welfare of
their communities by developing PSAs about the
issues impacting them every day. After the students
returned home, the trip was reported by the New York
Daily News, and college-bound student Iyana Whyte
chronicled her own experience in USA Today.
Over the years, the Learning for Social Impact ®
program has allowed HEAF students to travel the
world and spend time in Northern Ireland, Brazil,
Senegal and other countries. This unique program
reinforces core HEAF values through international
travel, exposing students to different cultures
to generate a sense of cultural understanding
and global awareness that makes them well-rounded
students, college applicants, and contributors
to society.

2010 – 2011
fundraising
Fundraising is an important part of covering HEAF’s
operating costs and expanding current and future
programming. Seventy-five percent of funds raised go
directly to programming costs which includes
High Expectations (grades 6 – 8), College Quest
(grades 9 – 12), Youth Development and Leadership (grades
6 – 12), and Onward (for college students and graduates).
This past year we raised nearly $2 million through
fundraising activities and development campaigns.
Annual Benefit Dinner:
HEAF held its Annual Benefit Dinner on September
27, 2010, at The St. Regis in New York City. The dinner
became HEAF’s most successful fundraiser with 283
attendees contributing $850,000.
The event honored Merryl H. Tisch, Chancellor of the
New York State Board of Regents, Brigadier General
George B. Price, U.S. Army (retired), and Alexandra
D. Korry, Partner at Sullivan & Cromwell, LLP.
The dinner also featured the “GPS Global Challenge” with HEAF
students and Fareed Zakaria, editor of Newsweek International
and host of CNN’s Fareed Zakaria GPS. The program was hosted
by JuJu Chang, News Anchor of NBC’s Good Morning America
(now ABC’s Nightline correspondent).
Corporate sponsors of the benefit dinner included:
• AREA Property Partners
• Blackstone Real Estate Advisors
• Bloomberg
• Capital One
• Fox Rothschild, LLP
• Fred Alger Management
• The Georgetown Company
• Morgan Stanley
• New Vernon Capital
• Sard Verbinnen & Co
• Stroock & Stroock & Levan LLP
• Studley
• Sullivan & Cromwell, LLP
• Wachtell, Lipton, Rosen & Katz
Cinco de Mayo:
HEAF held its second annual Cinco de Mayo
Fiesta on May 5, 2011, at the Union Square
Ballroom in New York City. The event allows for
HEAF alumni and young professionals to support
us while networking, socializing and celebrating
with one another. More than 250 guests attended
the celebration and doubled the revenue from the
previous year’s event.
The highlight of the evening was a presentation
made by HEAF alumna, Leyda Perez. Leyda
provided a moving account of her HEAF experience
and how it shaped her life. She discussed her
ongoing relationship with her HEAF mentor which
made a powerful impression on her and her life
goals. Following in her mentor’s footsteps, Leyda
is now an attorney.
The event was graciously sponsored by Brown-
Forman, Fred Alger Management, MillerCoors,
and Tiffany & Co.
7

8
our partners *
2010 – 2011
Honors Circle -
$75,000 and above
Capital One
Daniel and Joanna S. Rose
Excellence Circle -
$25,000 – $74,999
Alexandra Alger
Altman Foundation
Bloomberg
Charles Hayden Foundation
Chisholm Foundation
Stella and Charles Guttman
Foundation, Inc.
Matthew and Helen Hayes
Heckscher Foundation for Children
John Jacobsson
J.E. and Z.B. Butler Foundation
Lincoln Fund
Mayor’s Fund To Advance New York City
Sullivan and Cromwell
Time Warner Inc.
Vanguard Charitable Endowment
Program
Wachtell, Lipton, Rosen and Katz
George Wallerstein
Arshad and Ann Zakaria
Merit Circle -
$10,000 – $24,999
Baobab Fund
Michael and Debbie Colacino
John K. Collins
Jean and Louis Dreyfus
Foundation, Inc.
Epstein Teicher Philanthropies
Fox Rothschild LLP
Marc Haas Foundation
Lazlo von Hoffmann
Alexandra D. Korry
Kronhill Pletka Foundation
Terrance J. Kyle
Warren B. and Kathleen
Corkins Lammert
Nikos S. Kefalidis Foundation
Pershing Square Capital
Management, LP
Marc Pinto Family Fund
Randolph Foundation
Wendi and Joseph B. Rose Foundation
Susan and Elihu Rose Foundation
Rose Marrow Fund
David S. Rose and Gail R. Gremse
Gideon G. Rose
David A. Roth
Sard Verbinnen and Co
Studley, Inc.
Tisch Foundation, Inc.
Tishman Speyer Properties, L.P.
Fareed Zakaria and Paula
Throckmorton Zakaria
Donald and Barbara Zucker
Foundation, Inc.
Achievement Sponsors -
$5,000 – $9,999
Marc Abrams
Anonymous
Frances and Benjamin Benenson
Foundation
The College Board
John P. and Constance A. Curran
Charitable Foundation
Arthur Dubow Foundation
Douglas Durst
Charles W. Dyke
Joele Frank
Fred Alger Management
Gilder Foundation
Goldman Sachs Gives
Warren M. Heller
John L. Loeb Jr. Foundation
Laurie D. Kefalidis
Joseph Lesser
Litwin Foundation
Malcolm Hewitt Wiener Foundation
Oaktree Capital Management, L.P.
Emily Rose
Joseph Rosenblatt
Sheldon H. Solow
Charles Stanley
State Bank of India
Irvin Stern
The M and T Charitable Foundation
Jan F. and Cynthia A. van Eck
Scholastic Sponsors -
$1,000 – $4,999
Hilary Alger
Allen and Company
Anonymous (3)
Assurant, Inc.
Milton and Sally Avery Arts Foundation
Axe-Houghton Foundation
Susan A. and Donald P. Babson
Charitable Foundation
Julia Bator
James A. Ben
Thomas Block
Brout Foundation, Inc.
Antoinette Moss Butler
Mitchell Cannold
Debra and Kenneth Caplan
Arthur C. Chang and Allison L. Thrush
CIGNA Foundation
Frank Cohen
Peter Collery
Columbia Unversity
Marta Cotton
Ronald Creamer and Anika Rahman
G. Jean Davis
Marc De Leeuw
Alexandra Lebenthal Diamond
City of New York, Department of Youth
and Community Development
Eugene and Emily Grant Family
Foundation
Dr. Laura G-Kafra
Goodman Family Foundation
Francis Greenburger Charitable Fund
Vartan and Clare R. Gregorian
H. Michael Hadley
Matthew Hurd
Ed Hyman
Isko Foundation, Inc.
Robert and Ardis James Foundation
Joelson Foundation
John Brademas Foundation
John Templeton Foundation
Harry P. Kamen Family Foundation
Zachary Karabell and Nicole Alger
George S. Kaufman
Mark Kirsch
Ben Kohen
Stephen M. Kotran and Elizabeth
S. Goldman
Leonard and Evelyn Lauder Foundation
Leonard and Joan Leiman
Harold O. Levy
S. Jay and Barbara Levy
Julia V. Lindsey
James Lintott and Joy May Liang
Longhill Charitable Foundation, Inc.
Lostand Foundation
Vincent A. Mai
Morton L. and Barbara Mandel
Family Foundation
Morris Mansfield
Blythe Masters
The Mazur Family Foundation
Robert B. Mazur, Esq.
Vincent McGee
Joseph P. and Katherine N. Mele
Nicole Moran
Morgan Stanley
Richard Neiman
The Lizabeth and Frank Newman
Charitable Foundation
Newmark Night Frank
David B. Pearce, M.D.
James Perez
Pitcairn Trust Company
Gen. Colin L. Powell
Leontyne Price
Yvonne S. Quinn
Jennifer J. Raab, Esq.
Steven Rattner and P. Maureen
White Foundation
William and Katherine Anne Rayner
Robyn and Douglas Troob Family
Charitable Giving Fund
Maria Rodriguez
Frederick P. and Sandra P.
Rose Foundation
Dr. Richard and Nancy Rubens
Rudin Foundation, Inc.
William H. Sandholm
Robert B. Schumer
Mal Schwartz
Sean Scott, M.D.
Benjamin Segal
Daniel Semel
Nell Kincaid Semel
Jeffrey and Amy Silverman
Calvin Sims
Maurice Sonnenberg
Steven Soter
Harold and Mimi Steinberg
Charitable Trust
Judith M. and Michael D.
Sullivan Foundation
Edward Taffet
Yvette Patrice Teofan
Tiffany and Company
Timecast Designs, LLC
Jonathan M. and Lizzie Tisch
Alex Trzesniewski
Vornado Realty Trust

Josh Weston
William J. and Pamela J. Bennington
V. Michelle Williams
Wolfensohn Family Foundation
Salvatore J. Zizza
Academic Sponsors -
Up to $999
AAHGS-NY Caribbean Committee
Sarah J Abitbol
Eugenie Alleyne
Allstate
American Express Company
Anonymous (18)
Mr. and Mrs. Lawrence Appel
Philip and Marjorie Appleman
Margaret Austin
Peter Babej
Patricia Baptiste
Geoffrey H. and Susan M. Barker
Imani Barnes
LaJune L. Barnes
Douglas E. Barzelay
Aristalia A. Benitez
Walter Benzija
Neil Berger
Susan R. Yatzkan Bernstein
Nino Biber
Linford Blagrove
Benjamin Blaut
Boardroom Inc.
Cindy Bodge
Byron Bowen
Mary Bresette
Jim Broner
Cecil Brooks
Tamara Buckley, Ph.D.
Lawrence B. Buttenwieser
Capital Group Companies Charitable
Foundation
Omer Chaudhri
Peggy Chen
Corrina Chung
Citibank
Ezekiel Concepcion
Jose A. Contreras and Jeannette Perez
Gail Cruse
Lisa Czwornog
D. Minott
Marilyn Daley-Weston
Rowena Dasgupta
David H. and Dorothy A. Kelly
Demarchbar, LLC
Jennifer DeMarrais
Janet Dorman
Robert and Mary Ann Downes
James E. Duffy
Mardi and David Durkin Family Fund
Ronald W. Dushkin, M.D.
Katherine B. Dyer
David M. Einhorn, Esq.
Dorinda Elliott
Joy Elliott
Pamela E. Englett
Dora E. Enright
Maria D. Esparraguera
Emilio Estela
Grant D. and Elizabeth W. Esterling
Richard and Merry E. Feintuch
Carla S. Felix-Meertens
Eugene Foster
Morgan Fox
Elaine Francolino
Lisa Gainsley
Howard L. and Judie Ganek
Philanthropic Fund
Yohanes Gebretensae and
Tirhas Ghebremicael
Stephen G. Gellman
John Gershman and Deborah Yashar
Malcolm Gibbs Foundation, Inc.
David and Judith Gilberg
Edward S Goldberg
Paul C. Goldstein
Hector and Janet Gonzalez
Kevin M. Gonzalez
Adrian Gordan
Kiambra Griffin
Richard Griffin
William A. Groll
Henry Gross
Sharon Harris
Brian Healy
Joan Hennessey
Ludger and Kathryn Hentschel
E. Kay Herdeg
Albert O. and Sarah Hirschman
Christopher Honeyman
Nkonye Iwerebon
J.P. Morgan Securities
Mittie Jackson
Sharon Jackson
Jeffrey Jacob
Fausto Jimenez-Fabian
JPMorgan Chase Foundation
David E. and Michal Kahan
Eric Kaplan and Melissa Sawyer
Jane L. and Robert J. Katz
Charitable Fund
Mark S. Kaufmann
Kimberly M. Keating
Robin Keeney
J. David Kelsey
Kencal Maintenance Corp
Fern June Khan
Benjamin and Rebecca Kim
Daniel R. and Kate P. King
Nelson Knox
Benjamin Kornfeind
Brigid Lang
Judith A. Langis
Maurice M. and Faith S. Lefkort
Kiashaye Leonard
Chris Leupold
Judge Pierre Leval
David F. Levi
Bruce Levin
Ann Deborah Levy
Lisa L. Long, Ed.D.
Elizabeth Lusskin
Justine MacWilliam
Kan Yee Man
Christopher L. Mann and Claire Svetlik
Marbo Used Auto Parts
Conor Sullivan McCallin
Trace H. McCreary and Alissa S. Reiner
Lisa R. McGee
Juana Sanchez McNamee
Mary Patterson McPherson
Andrew C. Melzer
Mark Menting
Merck Foundation
Michael Meyers
James K. Mordecai
Francine Palmer Mullings
Anthony Myers
Joseph V. Myers and Jennine Hough
Ken Myers
Network For Good
Lon Newman
Trevor S. Norwitz, Esq.
Henry P. Ong
Camille Orme
Robert Ouimette
Shantae Palmer
Paradise Plant
Brien Parness
Paul and Mary Beth Groves
Paul, Weiss, Rifkind, Wharton, and
Garrison Charitable Fund
Ellen Perper
Jill D. Pedicord Peterson
Susan Raboy
Adam Raja
Mary Raja
Andrea Ramsey
Angeli R. Rasbury
Arva Rice
The Riverside Church in the
City of New York
Eve M. Rodsky
Joshua Rosenblum
Rhona M. Russell
Melissa G. Salten
Xiaohong Sang
Carla Scanniello
Edwin Schlossberg Foundation
Linda Senk
Susan Senk
Michael J. and Ingrid J. Serio
Rick Shapiro and Lynn Usdan
Grant C. and Julie A. Shoemaker
Hannah Sholl
Jake and Katie Silverman
Rebecca J. Simmons
Daniela Simunovic
Colette Smith
Erin C. Smith
Jamie Smith
Janai Smith
Avril Somerille
Laurence T. Sorkin
Michael A. Steinberg
David Stern
Roy and Taran Swan
Paul Szurek
Matthew Tamayo
Alphonso and Carmen Tan
Colleen J. Taylor
Willard B. Taylor
Joseph N. Tejeda
Franklin A. Thomas
Gladys R. Thomas
Abby Turner
Bruce Upbin and Maggie Levine
James S. and Roberta F. Vaughan
Pilar Viladas
Walter Vosburgh
Jeanette S. Wagner
The Wakeman Agency
Aleysha Ward
John L. and Sue Ann
Weinberg Foundation
Deborah Weisman
Eric Weiss and Kathryn Stoner-Weiss
Jacob S Werner
William and Anita Newman Foundation
Savion Williams
Tanisia Williams
Dekai Youmans
Almaz Zelleke and Clay Shirkey
Eric Zellweger
* The donation list in this report represents
a shortened fiscal year.
9

10
Independent Auditors’ Report
To the Board of Trustees
Harlem Educational Activities Fund, Inc.
We have audited the accompanying statement of financial position of Harlem Educational Activities Fund, Inc.
(a nonprofit organization) (the “Organization”) as of June 30, 2011, and the related statements of activities and
cash flows for the ten months ended June 30, 2011. These financial statements are the responsibility of the
Organization’s management. Our responsibility is to express an opinion on these financial statements based on
Note about the financials
our audit.
represent a shortened fiscal year.
We conducted our audit in accordance with auditing standards generally accepted in the United States
of America. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free of material misstatement. An audit includes consideration of
internal control over financial reporting as a basis for designing audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Organization’s internal
control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining,
on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the
accounting principles used and significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial
position of the Organization as of June 30, 2011, and its activities and cash flows for the ten months then ended,
in conformity with accounting principles generally accepted in the United States of America.
As discussed in Note 2 to the financial statements, effective September 17, 2010, the Organization adopted the
Uniform Prudent Management of Institutional Funds Act (“UPMIFA”) and all of the disclosure requirements of
Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 958, Endowments
of Not-for-Profit Organizations: Net Asset Classification of Funds Subject to an Enacted Version of the Uniform
Prudent Management of Institutional Funds Act, and Enhanced Disclosures for All Endowment Funds.
Our audit was conducted for the purpose of forming an opinion on the basic financial statements taken as
a whole. The schedule of functional expenses for the ten months ended June 30, 2011, is presented for the
purpose of additional analysis and is not a required part of the basic financial statements. Such information
has not been subjected to the auditing procedures applied in the audit of the basic financial statements, and,
accordingly, we express no opinion on it.
CERTIFIED PUBLIC ACCOUNTANTS
March 5, 2012

Financial Statements
STATEMENT OF FINANCIAL POSITION
Harlem Educational Activities Fund, Inc. – June 30, 2011
ASSETS
Cash and cash equivalents $ 149,514
Restricted cash – endowment funds 425,200
Marketable securities 85,564
Prepaid expenses and other 43,559
Property and equipment, less accumulated depreciation of $138,732 75,839
Security deposit 22,360
TOTAL ASSETS $ 802,036
LIABILITIES AND NET ASSETS
Liabilities:
Accounts payable $ 61,447
Accrued expenses 57,597
Deferred revenue 14,540
Total liabilities 133,584
Commitments and contingencies (Note 8)
Net assets:
Unrestricted 243,252
Permanently restricted 425,200
Total net assets 668,452
TOTAL LIABILITIES AND NET ASSETS $ 802,036
STATEMENT OF ACTIVITIES FOR THE 10 MONTHS ENDED JUNE 30, 2011
Harlem Educational Activities Fund, Inc.
Temporarily Permanently
Unrestricted Restricted Restricted Total
Public support and revenue:
Contributions $1,642,371 $ 307,108 $ — $ 1,949,479
Interest and dividends 1,920 — — 1,920
Total public support and revenue before
net assets released from restrictions 1,644,291 307,108 — 1,951,399
Net assets released from restrictions:
Satisfaction of program restrictions 307,108 (307,108) — —
Total public support and revenue 1,951,399 — — 1,951,399
Expenses:
Program services:
Academic high school 593,502 — — 593,502
Academic middle school 476,648 — — 476,648
Organizational activities 29,893 — — 29,893
Youth development 393,224 — — 393,224
Total program expenses 1,493,267 — — 1,493,267
Administrative 109,029 — — 109,029
Fundraising 350,735 — — 350,735
Total expenses 1,953,031 — — 1,953,031
Expenses over public support and revenue (1,632) — — (1,632)
Unrealized gain on marketable securities 16,531 — — 16,531
Change in net assets 14,899 — — 14,899
Net assets – beginning 228,353 — 425,200 653,553
NET ASSETS – ENDING $ 243,252 $ — $ 425,200 $ 668,452
11

12
2010 – 2011
board of directors
OFFICERS
CHAIR
Calvin Sims
Ford Foundation
VICE CHAIR
Woody Heller
Studley
SECRETARY
Professor Sheri Berman
Barnard College
TREASURER
John K. Collins
Moelis & Co.
FOUNDER AND CHAIR EMERITUS
Daniel Rose
Rose Associates
PRESIDENT AND CEO
Ex-Officio
Danielle Moss Lee, Ed.D.
BOARD
Alexandra Alger
Maurice L. Coleman
Bank of America, N.A.
Marta Cotton
Matarin Capital Management
Henry Louis Gates, Jr., Ph.D.
Harvard University
Yann Geron, Esq.
Fox Rothschild LLP
Helen Young Hayes
Janus Capital (Ret.)
John Jacobsson
Trinity Investments LLP
Fern Khan
Bank Street College of Education
Alexandra D. Korry
Sullivan & Cromwell LLP
Terrance Kyle
Prudential Douglas Elliman
Lisa L. Long, Ed.D.
New York State Education Department
Nicole Moran
Capital One
Richard H. Neiman
PricewaterhouseCoopers LLP
Robin Panovka
Wachtell, Lipton, Rosen & Katz
Maria Rodriguez
Consolidated Edison
Joanna S. Rose
David Roth
The Blackstone Group
Neil DeGrasse Tyson, Ph.D.
American Museum of
Natural History
STAFF
Danielle Moss Lee, Ed.D.
President and CEO
Danforth Preston
Director of Development and Communications
Gail Cruse
Vice President of Finance and Administration
Chantey Sobotker
Finance Associate and Office Manager
Antoinette Butler
Director of Admissions
Merle McGee
Vice President of Programs
Chanaye Jackson
Program and Special Project Assistant
Nicholas Tynes
Director, College Quest and Onward
Tyler Burton
Program Coordinator, College Quest
Aneicka Bookal
Associate Director, College Quest and Onward
Tanya Wiggins
Director, High Expectations
Darcy-Tell Morales
Associate Director, High Expectations
Deidre Franklin
Director, Youth Development and
Counseling Services
Maurice Sangodele-Ayoka
Counselor, Youth Development
Bianca Baldridge
Counselor, Youth Development
Karima Clayton
Counseling Coordinator, Youth Development

Harlem Educational Activities Fund, Inc.
2090 Seventh Avenue, 10th Floor
New York, NY 10027
Phone 212-663-9732
Fax 212-663-9736
Web www.heaf.org
Our Mission
The Harlem Educational Activities Fund,
or HEAF, is a comprehensive, nonprofit
supplemental education and youth
development organization that helps
motivated students develop the
intellectual curiosity, academic
ability, social values, and
personal resiliency they need to
ensure success in school, career, and life.
HEAF identifies students in middle school and
supports them until they have successfully
graduated from four-year colleges through a
variety of afterschool, Saturday, and summer
educational and youth development programs.