2016 HIGHLIGHTS THE ASCAP FOUNDATION BENEFITTED 3 MILLION PEOPLE IN 2016

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1 2016 ANNUAL REPORT

2 I am an aspiring singer/songwriter. I have never been confident in my songwriting however, after attending incredible master classes it has encouraged me to excel as a young female songwriter. I am grateful for the scholarships The ASCAP Foundation has provided for me and other songwriters. Illana, High School Student OUR MISSION The ASCAP Foundation is dedicated to nurturing the music talent of tomorrow, preserving the legacy of the past and sustaining the creative incentive for today's creators through a variety of educational, professional, and humanitarian programs and activities which serve the entire music community. Natalie Merchant visiting the Fresh Air Fund Summer Camp

3 2016 HIGHLIGHTS THE ASCAP FOUNDATION BENEFITTED 3 MILLION PEOPLE IN 2016 With your donations, we were able to support: 126 Scholarships, Awards, and Workshops 91 Music Education, Talent Development, and Humanitarian programs 15 musical genres 1,650 Schools We are proud to have received a Gold Participant rating from GuideStar.

4 WHAT WE DO The ASCAP Foundation develops and establishes its own Scholarships, Awards and Music Education programs and has collaborated with other organizations to meet its objectives. We are proud of the musical greats who have chosen to establish programs in their name and the families that have memorialized loved ones achievements by creating and funding named programs. They include Herb Alpert Louis Armstrong Irving Berlin Leonard Bernstein Irving Caesar Sammy Cahn George M. Cohan Aaron Copland Hal David John Denver Duke Ellington Chein Garcia Alonso George & Ira Gershwin Jerry Herman Fred Ho Bart Howard Leiber & Stoller Frederick Loewe Henry Mancini Johnny Mandel Michael Masser Cole Porter Louis Prima Mary Rodgers Richard Rodgers Stephen Sondheim Jimmy Van Heusen Lucille & Jack Yellen and many more. The following is an unaudited overview of The ASCAP Foundation s income and expenses for the fiscal year ended December 31, 2016: Total Support & Revenue: $1,241,437 Program Expenses: $1,530,930 Management & General Expenses: $138,033 Fundraising Expenses: $209,296 Year End 12/31/2016 Net Assets: $9,112,266

5 Talent Development The Herb Alpert Young Jazz Composer Awards were established to encourage and recognize jazz composers under 30 years of age. The winning works are selected through a juried national competition. The ASCAP Foundation Morton Gould Young Composer Awards seek to encourage talented concert composers under 30 years of age. This program was established with funding from the Jack and Amy Norworth Memorial Fund. Songwriter Workshops are sponsored by The ASCAP Foundation in numerous genres, including Musical Theater, Pop, Film & TV, Jazz, Rhythm & Soul, Christian, Country and Latin. ASCAP Television & Film Scoring Workshop with Richard Bellis in Los Angeles, CA

6 The ASCAP Foundation partnership with The Newport Jazz Festival benefits emerging jazz talents. The Festival is one of the world s leading venues for jazz, and features a performance by one of the recipients of The ASCAP Foundation Herb Alpert Young Jazz Composer Award. Louis "Satchmo" Armstrong Summer Jazz Camp in New Orleans nurtures the next generation of jazz artists while paying tribute to the legacy of Louis Armstrong. It is designed for students serious about furthering their musical education and interested in learning more about jazz. Music Education & Community Outreach Music in the Schools is a partnership between The ASCAP Foundation, VH1 Save the Music Foundation and Alfred Music Publishing, Inc. We provide schools with packages of music materials consisting of folios, sheet music, band arrangements and method books so that students have quality music to play and practice. Children Will Listen introduces the American musical theatre to youngsters who might otherwise not have the opportunity to experience it. Children Will Listen was established to honor ASCAP member and musical theatre great Stephen Sondheim. Students are provided with classroom materials, transportation to and from the theater, tickets with excellent seats, and, for many, their very first opportunity to see a first class theatrical production. Children Will Listen participants after seeing The Lion King

7 Creativity in the Classroom: Creative Ownership and Copyright is a curriculum designed to help young music students understand the value of their creative work, their rights as owners of intellectual property, and the ethics of protecting the rights of others. The project encourages students to label their creative work with the copyright symbol, the year, and their names, just as they see on any published, professional creative work. The ASCAP Foundation Fresh Air Fund Summer Guitar Project makes musical expression more accessible to hundreds of economically disadvantaged New York City children by providing musical instruments, music lessons and visiting songwriting teachers to the Fresh Air Fund Summer Camps every year. It is the most amazing feeling in the world to be standing on a stage with 40 other people who have all helped create this giant beautiful piece of art that is our original musical. I am extremely grateful for what The ASCAP Foundation has done for me and the other people. Megan, High School Student

8 Music Heals The Music Heals Division supports programs that improve the physical, emotional and spiritual aspects of the body by using music as a means of helping people through difficult conditions and situations. SongwritingWith: Soldiers SongwritingWith: Soldiers operates from a simple principle help our soldiers heal. This ASCAP Foundation funded program pairs returning active duty soldiers and veterans with professional songwriters in a retreat setting to craft songs about personal experiences. This innovative program offers a unique path to help soldiers, their families and their communities cope with the aftermath of combat duty and the challenges of returning home. The ASCAP Foundation Barbara and John LoFrumento Award enables the Music Therapy Institute of The Music Conservatory of Westchester to expand its music therapy program, providing weekly sessions to special needs students with autism spectrum disorders in the Eastchester, NY school district.

9 The ASCAP Foundation Sunlight of the Spirit Award was established to give support to those who are exemplary in recovery and music creativity. It is funded by ASCAP Foundation and ASCAP President Paul Williams and his wife, Mariana. The Music Therapy Clinic for Aphasia at The Institute for Music and Neurologic Function aims to improve speech production and communication through musicbased activities by working with for patients suffering from Aphasia, which is the loss of speech following a stroke or brain trauma. Music Therapy Institute Of The Music Conservatory of Westchester

10 l-r) ASCAP s Michael Kerker, 2016 Harold Adamson Musical Theatre Lyric Awardee Benj Pasek, ASCAP Foundation Board Member Stephen Schwartz, ASCAP Foundation President Paul Williams & 2016 Harold Adamson Musical Theatre Lyric Awardee Justin Paul HOW YOU CAN HELP The ASCAP Foundation is supported by contributions, bequests and grants from ASCAP members, other foundations and the general public. With this financial support, we have been able to compile an impressive record of initiating and supporting solid, meaningful programs which are making a positive difference in the lives of people of all ages across the country. Your generosity will help future music creators discover their abilities, propel emerging creators to the next level, help keep music in our schools and communities throughout the country, and champion the musical legacies of the past. We are a non profit 501(c)(3) public charity and your contributions are essential. Whether your gift is $25,000 or $25, every dollar allows us to continue to serve the entire music. Your contributions to The ASCAP Foundation are tax deductible to the fullest extent allowed by law. To donate, visit: ASCAPFoundation.org/donate

11 WANT TO KNOW MORE? Address The ASCAP Foundation 1900 Broadway New York, NY Website Facebook facebook.com/ascapfoundation YouTube bit.ly/ascapfoundationyoutube Thank you for supporting The ASCAP Foundation!

12 2016 BOARD OF DIRECTORS Paul Williams, President Irwin Z. Robinson, Vice President Dean Kay, Treasurer Ginny Mancini, Secretary Marilyn Bergman Charles Bernstein Bruce Broughton Tita Cahn Alf Clausen Dan Foliart Arthur Hamilton Wayland Holyfield James M. Kendrick Robert Kimball Johnny Mandel James McBride Jay R. Morgenstern Stephen Schwartz Alex Shapiro Valerie Simpson Charles Strouse Doug Wood 2016 ADMINISTRATION Colleen McDonough, Executive Director Joan Hill, Director of Finance & Administration Julie Lapore, Associate Director Rebecca Kasilag, Development Associate