The Teak Fellowship Inc

“The draft form 990 is presented to the treasurer. The treasurer reviews and recommends approval and filing to the full board if satisfied with the document.”

“The board and key employees confirm compliance with the policy by annually re-reading the conflict of interest policy and signing a disclosure statement.”

“The governance & nominating committee reviews salary surveys, other summaries of comparable data, and evaluation by the staff to determine the compensation of the executive director. The committee presents the recommendation to the full board who approves or denies the recommendation. The determination is substantiated in writing in an annual letter of appointment and placed in the executive director's employee file.”

“Teak will make its governing documents, conflict of interest policy, and financial statements available to the general public upon request.”

“The teak fellowship, inc. ("teak") believes that motivation and potential, not economic circumstances, should determine a student's future. Teak unlocks access to outstanding education and transformative experiences for exceptional nyc students, who use these opportunities to change their lives and the world around them.”

“Teak has successfully developed and implemented our new financial literacy program spanning the 10 years of the program. The program first launched in april 2024 and is now a part of the curriculum for every student. Expanded career development offerings: key achievements include: increased engagement from middle school fellows; representation and exposure across career industries; new strategic partnerships and professional skill building opportunities; stronger preparation for internship and job recruitment.”

“In the spring of 2024, teak introduced a new third trimester to provide additional stem robotics and leadership classes for our 7th and 8th grade fellows.”

“Middle school programming: teak provides a cycle of intensive programs to prepare middle school students to succeed at selective independent/parochial and specialized high schools. Teak's middle school curriculum focused on core academic skills in ela and math, as well as providing students with unique exposure to stem through coding and lab-based science courses, and the performing arts. Middle school students participated in financial literacy workshops, career development programming, and a new third trimester of stem and leadership classes. Teak's summer institute mandatory program includes rigorous academic classes, test preperation, arts and elective classes, and weekly field trips. Teak also provides an intensive high school placement program, featuring ssat test preparation, and individualized coaching through the highly-selective high school placement process. All students are paired with volunteer adult mentors, many of whom are teak alumni. Teak parents benefit from ongoing programming as well. In 2024, 100% of teak's graduating 8th grad students earned admission to private day, boarding, and screened high schools.”

“High school programming: teak's comprehensive programs and services support high school students in competitive academic environments, enabling them to explore their interests and reach their potential, while also preparing them for admission to and success at selective colleges. This 4-year program includes: individualized academic advising and support; a breadth of experiential learning opportunities and a menu of transformational programs during the summer; and summer internships at corporations and nonprofit organizations. Teak's extensive college guidance programming includes individualized one-on-one counseling, innovative preparation for standardized tests, trips to visit college campuses, and workshops covering the application and financial aid processes. 100% of the high school graduating class of 2024 earned admission to selective four-year colleges and universities including harvard, university of pennsylvania, northwestern, tufts and new york university. The class of 2024 also received over $6 million in grants for their four years of college.”

“College success programming: the college success program aims to provide ongoing academic, career, social/emotional and financial support for fellows to thrive in college and beyond. Teak staff guide students through course selections and make personal visits to campuses. During holiday breaks and summers, teak and its partner companies host workshops on interview preperation, career paths, microsoft excel, financial literacy, and networking to prepare students for summer internships and future employment. Teak is providing expanded professional development and leadership training to increase preparedness for internships, graduate school and jobs. Teak also helps students and families renew their financial aid requests, a yearly process even after college admittance.”