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child family community2 0 0 9 A n n u A l R e p o R t

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To ensure this report is meeting your information needs, please visit www.boystown.org/annual-report and let us know what you think by taking a quick survey.

And to help us ensure we’re being the best stewards possible with your generous donations and the earth’s resources, you can also sign up to receive next year’s annual report online – saving us the expense of printing and mailing it to you.

The sign-up form for online delivery is also located at www.boystown.org/annual-report.

Help Us Be the Best Stewards

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from our executive director

Dear Boys Town Friends,Boys Town’s work has been and always will be about saving children and healing families. For more than 90 years, thanks to the generosity of supporters like you, we have been able to carry on our critical mission, bringing hope and life-changing care to those in greatest need.

As part of our strategic plan, we are making great strides to help even more children and families across the country. We’ve taken several steps to broaden our reach so that communities, as well as individuals and families, are experiencing the direct benefits of our research-proven services and programs that strengthen body, mind and spirit.

One change we’ve made this past year is expanding our Mission Statement to include the word “communities.” (You can read the statement in the column to the right.) This is important because it coincides with the growth of our Integrated Continuum of Care to establish services and programs that are either community-based or that give more communities access to Boys Town’s assistance and resources.

Another way we are focusing on com-munities is by helping children and families overcome their problems so they can contribute to their communities in positive ways. By putting a child on the path toward good citizenship, or by showing a struggling family how to stay together, we are preparing them to be good neighbors and better people. We help reconnect families to their neigh-borhood, school, church or recreation center. Communities flourish when their residents have a solid foundation for

future success. That’s what Boys Town strives to provide for everyone who turns to us for help.

Throughout its history, Boys Town has continually adapted to meet the chang-ing, and increasingly more challenging, needs of America’s children and families. In this report, you’ll see just a few of the ways we served more than 367,000 youth and adults last year by focusing on the “Child, Family and Community.”

On the following pages, you’ll find stories about our programs and the people they touched over the past year – a snapshot of 2009 at Boys Town. We hope they bring you closer to those we are able to help because of your generous support.

Most importantly, we hope they inspire you to continue to be part of our growing legacy, now and well into the future.

Please visit our newly designed Web site, boystown.org. You’ll find my blog there, where you can stay informed throughout the year about what’s happening at Boys Town and how we’re addressing today’s critical child- and family-care issues.

God’s Blessings,

Father Steven E. Boes National Executive Director

Father Steven Boes

Our Mission:

Changing the way

America cares

for children,

families and

communities

by providing and

promoting an

Integrated Continuum

of Care that instills

Boys Town values

to strengthen body,

mind and spirit.

our unique approach

Integrated Continuum Keys Boys Town National Reform EffortsMany children today face huge problems and challenges – abuse and neglect, frac-tured and dysfunctional families, gangs and neighborhood violence, and behav-ioral and emotional disorders. When they do enter a care system, current attempts to modify their behavior often involve psychiatric drugs.

As children, families and communities face greater perils, there is an urgent need for greater efficiency in America’s child- and family-care systems. Boys Town is taking the initiative to chart a new course – one community, one state and one region at a time – to improve child and family services across the country.

To advocate our new vision to local, state and national leaders, we are promoting the Boys Town Integrated Continuum of Care. All services and programs offered through the Continuum are based on the research-proven Boys Town Model, making care and treatment consistent, effective and life-changing.

These services and programs range from intensive treatment for children with severe mental health problems to parent training and other community-based resources (see diagram). We’re sharing our programs and our proven results so other agencies – both governmental and private – can help more children and keep more families together.

Currently, we are making inroads with state and national legislators, promot-ing the effectiveness of our Integrated Continuum and demonstrating through solid research why local, state and federal systems should implement our model of family and child care.

Through 2009, Boys Town’s leadership made presentations to nearly 100 mem-bers of Congress and state legislatures, and some 25 state and national agencies. Boys Town also has hosted several meet-ings of Nebraska government and child-care officials to stimulate cooperation that can lead to reform in the state child-care

system. Similar efforts are being planned for other states.

Boys Town National Research Hospital is working directly with the community to improve access to behavioral health services for youth in the juvenile justice system. The critical shortage of these ser-vices places great strain on the system and restricts timely treatment opportunities. The Hospital wants to expand its services to provide better access for juveniles in detention who need that level of care.

In the eyes of some, current services appear to be connected enough to ad-equately meet the needs of children and families. But in reality, help is delivered in so many different ways, families and children often become victims of the very system that is meant to help them. In many situations, children and families literally have to “start over” as they move through the system because of inconsis-tent expectations and treatment methods.

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A good analogy would be a student who learns everything in English in seventh grade, then finds out his eighth-grade classes will be taught in another language. That student would have to start over and relearn a new system. This is what hap-pens when care is not provided through a true integrated continuum of services.

Add to this the sheer numbers of children and families in need, which overwhelm and overload treatment providers; fund-ing shortages; and a fragmented child-care system. Inevitably, the quality and availability of care suffers at the local, state and national level.

Every family faces unique challenges. Every child has different needs. Our Integrated Continuum of Care ensures

that those in need receive the right care, at the right time, in the right way. That way, more children and families can get better and experience lasting change.

As one of the nation’s largest and most respected care organizations, Boys Town is positioning itself as a provider and promoter of programs that deliver effec-tive and cost-efficient care to children and families. This enables us to get the great-est results from your generous donations. Just as we help children and families heal, Boys Town is developing ways to mend and revitalize the current system of care so more children and families in need can experience quality treatment and life-changing results.

Safety, Permanency and Well-Being Family EngagementReligion and FaithBehavioral and Medical Research

Unifying Elements for All Levels of Care

Boys Town’s Integrated Continuum of Care

› Intensive Residential Treatment

› Specialized Treatment Group Homes

› Intervention and Assessment Services

› Treatment Family Homes

› Foster Family Services

› In-Home Family Services

› Community Support Services

› Intensive Residential Treatment

› Specialized Treatment Group Homes

› Intervention and Assessment Services

› Treatment Family Homes

› Foster Family Services

› In-Home Family Services

› Community Support Services

Boys Town’s Integrated Continuum of Care

Unifying Elements for All Levels of Care Safety, permanency and Well-Being Family engagement Religion and Faith Behavioral and Medical Research

Every family

faces unique

challenges.

Every child has

different

needs. ...Boys

Town is positioning

itself as a provider

and promoter of

programs that

deliver effective

and cost-

efficient

care to children

and families. This

enables us to get

the greatest

results from your

generous donations.

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Boys Town values

families and believes

children

should be

at home,

where they belong,

whenever

possible.

In-Home Family

Services focus

on preventing

children from being

placed outside

the home and/

or reunifying

them with

their family if

outside placement is

necessary.

in-home family services

Keeping Families Together Is Top PriorityBeing named Boys Town South Florida’s Family of the Year was a tremendous honor for the Mahoney-O’Belmito family.

An even greater triumph was staying together, with Boys Town’s help, when son Evan’s out-of-control behaviors threatened to splinter their home.

Evan’s troubles began with him skipping school. Drug and alcohol use followed. Evan didn’t want to listen to his parents, Thomas and Christine, or follow their rules. His disruptive behaviors put tre-mendous stress on everyone in the home. Evan even contemplated suicide.

In most situations like this, parents might be forced to send their child away to get help.

Fortunately for the Mahoney-O’Belmitos, Boys Town South Florida’s In-Home Family Services were there to step in. A trained Consultant began working with the family in their home, identifying problems and helping members find practical, effective solutions.

In a relatively short time, Evan and his family were able to work through their problems. Evan was able to stay home, and the family moved forward, stronger and better prepared to deal with new challenges.

Boys Town values families and believes children should be at home, where they belong, whenever possible. In-Home Family Services focus on preventing chil-dren from being placed outside the home and/or reunifying them with their family if outside placement is necessary.

The program is a family-centered, skill-based intervention for families that are in

or near a crisis situation, and are at risk for having a child removed from the home. Adapted from the research-prov-en Boys Town Model, the approach is a cost-effective alternative to residential treatment programs.

Boys Town Family Consultants are available 24/7 and work with families in their homes to help caregivers build on their strengths, improve their par-enting skills and identify community resources and supports. Consultants also prepare families to solve problems on their own after the intervention ends. Treatment varies in length and intensity depending on a family’s issues.

In 2009, In-Home Family Services provided assistance to 9,950 children and 4,925 families nationwide, making it one of the fastest-growing levels of the Boys Town Integrated Continuum of Care.

At a ceremony to honor the Mahoney-O’Belmitos as Family of the Year, Evan and his parents appeared in a video. They described Evan’s negative behaviors and how they had affected the family.

In a letter he wrote to Boys Town South Florida, Evan described how things were so much different because of Boys Town’s help.

“In the past six weeks you have helped my family and I so much,” Evan said. “Thanks to you I am able to live hap-pily and tell my family anything. The program that Boys Town runs is won-derful. I am extremely happy you have helped us so much and made our life ten times better than it was.”

Mahoney-o’Belmito Family with Family Consultant, Karen labrada

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The Boyds will

be the first to

tell you that

children they’ve

cared for can

sometimes

be very

difficult. But

the rewards

are worth it.

foster family services

Opening Their Hearts and Their HomeTodd and Stella Boyd have always had a big heart for their foster kids.

You hear it in their voices when they talk about their little ones, you see it in their eyes when one of their former “kids” comes “home” for the weekend and you feel it in your soul as you learn more about their experience as Boys Town Foster Parents.

“We’ve been Foster Parents for six or seven years, and we’ve loved every minute of it,” said Stella. “We love being able to provide these children with what they need and really take care of them. They may not have had that before they came, but we make sure they know love when they leave.”

The Boyds have cared for eight foster children, all of different ages, backgrounds and ethnicities. And every child has become part of the Boyd family. From throwing birthday parties for the kids to making sure they eat all their vegetables, Todd and Stella treat the children as if they’re their own, because once they step through the door, they are.

“You have to look at each child as an individual, much like you do with your own children,” says Stella. “They each like a certain food or want to go to a spe-cial place, and as a Foster Parent, you get the opportunity to provide that for them and see their joy.”

The Boyds open their home to chil-dren through Boys Town Foster Family Services, one of the fastest-growing programs in the organization’s Integrated Continuum of Care. In this community-based program, Foster Parents provide

daily care and support for children who temporarily need a safe place to live.

The program focuses on reunifying children with their families whenever possible, and uses a strength-based team approach to work with those families to achieve safety, permanency and well-being in the child’s home.

In 2009, the program served 469 chil-dren at several Boys Town sites across the country. Boys Town has heavily re-cruited Foster Parents for this program because it can effectively help larger numbers of children at a much lower cost than residential care, with the same expectations for positive outcomes.

Boys Town Foster Parents are profes-sionally trained to care for children of all ages, infancy to adolescence. They also can receive more specialized train-ing if a foster child needs more intensive treatment and care for serious behavioral problems. Boys Town provides Foster Parents with 24/7 support and guidance.

The Boyds will be the first to tell you that children they’ve cared for can sometimes be very difficult. But the rewards are worth it. Todd and Stella work together every day to provide a nurturing home, and their grown sons Todd Jr. and Jason serve as big brothers to the children.

“This is a family affair,” explains Stella. “Our extended family supports us, our sons come over often… we are all a part of this experience, and we can’t imagine our lives any happier.”

todd and Stella Boyd

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community support services

National Hotline Becomes Family’s LifelineA pizza box might be the last place parents think to look for help with their rebellious teen.

But for Patti Smith, seeing a 1-800 number printed on a Godfather’s Pizza box was the first step in a journey that eventually brought her and her husband back together with their son.

The turning point for the family occurred as Patti sat at the kitchen table at 6:30 one morning, sick with worry because her 17-year-old son Philip hadn’t come home.

The number that jumped out at her that day was for the Boys Town National Hotline.

The Nebraska mother picked up the phone, dialed and spent the next 45 min-utes sharing with a counselor how she and husband Scott had clashed with their son for what seemed like his whole adoles-cence. He refused to follow house rules. He smoked marijuana. And now he was missing and she didn’t know what to do.

Patti’s call was just one of the tens of thousands the Hotline receives every year.

The Boys Town National Hotline (800.448.3000) is a free resource and counseling service that assists callers 24/7, 365 days a year, nationwide. With an em-phasis on helping teens and parents, the Hotline has trained professional coun-selors who provide emergency or direct assistance, or refer callers to community resources. Since opening in 1989, the Hotline has handled more than 8 million calls and has helped prevent thousands of suicides nationwide.

In 2009, Boys Town counselors fielded 192,728 calls from across the country.

The most common youth call is about a relationship issue; the most common call from parents involves children not following the rules.

Patti and Scott Smith turned to the Hotline when Philip ran away the week after his 17th birthday. Philip came home a few days later, but a couple of rocky years followed. They included Patti calling the Boys Town Hotline nine more times for advice.

Eventually, with his parents’ help, Philip put his bad habits behind him, graduated high school and started col-lege. With a deepening faith and an eye on being a minister, he got involved in a campus church group.

Now 21, Philip has repaired the rela-tionship with his parents. They talk ev-ery day. And Patti’s son says four words she didn’t hear during those trying teen years: “I love you, Mom.” His mother credits Philip’s school, the court system and the Boys Town Hotline.

“I was floundering,” she said. “They gave me hope, basically. That this is not a hopeless situation, that kids have done this before, would be doing it in the future — and that there are people to help.”

The most common

youth call is about

a relationship

issue; the most

common

call from

parents involves

children not

following

the rules.

Patti and Scott

Smith turned to

the Hotline when

Philip ran

away the week

after his 17th

birthday.

patti Smith

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Almost all

babies born in

the United States

now receive a

hearing test

at birth. Boys

Town National

Research Hospital

was influential

in developing

many of the

screening

tools that are

now routinely used

across the country.

In 2005, Tom and Rita were blessed with their third child, Abigail Elizabeth. As seasoned parents, Tom and Rita were a bit more relaxed when it came to newborn hospital tests. But they were completely caught off guard when Abigail failed her newborn hearing screening.

“I thought the results must be flawed. Our older children are not hearing impaired, and I always thought hearing was a genetic trait,” said Tom.

On the recommendation of Abigail’s pediatrician, the family visited Boys Town National Research Hospital for a diagnostic hearing test when Abigail was four weeks old. After another test at eight weeks, she was diagnosed with mild hearing loss.

“That first Christmas with Abigail was very hard for us,” said Tom. “It wasn’t until we got started with Boys Town Hospital that we realized there was so much help for our daughter.”

One to three babies in one thousand are born with permanent hearing loss that can affect a child’s ability to learn speech and language. Almost all babies born in the United States now receive a hearing test at birth. Boys Town National Research Hospital was influential in developing many of the screening tools that are now routinely used across the country. Current studies at the Hospital are aimed at optimizing speech and language outcomes for infants born with hearing loss.

Boys Town National Research Hospital is internationally recognized as a leader in clinical and research programs focusing on childhood deafness, visual impairment and related communication disorders.

Besides offering surgical and clinical services at two Omaha locations, the

Hospital also provides a broad range of clinical services, including ear, nose and throat services; general pediatric care through Boys Town Pediatrics; and orthopaedic, internal medicine, pediatric gastroenterology, allergy, asthma, pediatric pulmonology, behavioral health, audiological and ophthalmologic care.

Accredited by the Joint Commission, the Hospital annually directly serves more than 80,000 children and families from across the United States.

In 2006, Abigail and her parents met with Julie Christensen, an Audiologist at Boys Town National Research Hospital, to discuss hearing loss, hearing aids and early intervention strategies.

“Children begin language learning from day one, by listening to and interacting with their family,” said Christensen. “Studies show that early identification and amplification result in better out-comes for language development, so it is our goal to fit children with hearing aids by 6 months of age.”

After taking an initial impression of Abigail’s ears, and selecting the make and model most appropriate for her hearing loss, Abigail was fitted with her hearing aids before she was 3 months old. At 12 months, Abigail began working with a speech pathologist. She is now attending a pre-kindergarten class in her neighborhood.

“Abigail absolutely loves her pink glitter hearing aids,” said Rita. “She calls them her ears.”

For information and resources on hearing loss in infants and young children, please visit babyhearing.org.

boys town national research hospital

A Precious Gift for Abigail

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2009 boys town highlights

Growing the Mission

Boys Town Helps More Children, FamiliesBoys Town provided direct care to 21,458 children nationwide through its youth care programs in 2009, a 35 percent increase from 2008. Boys Town health care programs provided direct care to 82,387 children and families last year, a 5 percent increase from 2008.

Nationally, Boys Town served 367,265 children and families in 2009. This included training nearly 7,000 educators through Boys Town outreach programs, affecting an estimated 129,000 students.

National Hotline Celebrates 20 YearsThe Boys Town National Hotline marked its 20th anniversary with a focus on reaching out to even more children and their parents.

Since its inception in October 1989, the Hotline has handled more than 8 million calls from all 50 states, Guam, Puerto Rico, the Virgin Islands and the Canadian provinces. Tens of thousands of those calls came from suicidal people whose lives were saved through the quick action of the Hotline’s highly trained counselors, who are on duty 24/7, year round.

Calls to the Hotline cover a wide range of issues, from school problems and parental discipline to depression and suicide. In crisis situations, counselors assist call-ers and provide community resources and emergency intervention. Hotline counselors also can connect callers to local assistance through their referral

database, which includes more than 20,000 agencies and services nationwide.

Youth find help through the Hotline for problems like school pressures, being bullied by classmates, using alcohol or drugs, or feeling isolated. A new feature especially for teens is the Web site, www.yourlifeyourvoice.org. The site enables and encourages teens to share their problems, concerns and challenges in positive, creative ways. The site also offers access to immediate help in emer-gency situations.

Boys Town Recognized for Fiscal ResponsibilityThe Better Business Bureau Wise Giving Alliance named Boys Town a 2009 BBB Wise Giving Alliance Accredited Charity. Boys Town met all of the Alliance’s Standards for Charity Accountability, which exceed requirements of government regulators.

Charity Navigator, America’s premier charity evaluator, honored Boys Town with its coveted 4-star rating for sound fiscal management. Boys Town earned the rating for its ability to efficiently manage and grow its finances, typically outperforming most other charities in America.

Nebraska Families Collaborative Improves Service DeliveryThe Nebraska Families Collaborative (NFC) is a non-profit partnership of five accredited Omaha-area organizations with more than 400 combined years of experience and expertise in the care of children and families.

The NFC connects families to the vast array of services provided by the NFC partners and manages the delivery of these services to Nebraska families.

The Nebraska Families Collaborative is in the Eastern Service Area, which includes Douglas and Sarpy counties.

The NFC partners are:

» The Child Saving Institute» Father Flanagan’s Boys’ Home

(Boys Town)» Heartland Family Service» Nebraska Family Support Network» OMNI Behavioral Health

The NFC also provides a possible tem-plate for implementing similar services in other states. For more information, visit www.nebraskafc.org.

New Boys Town Web Site Goes LiveBoys Town proudly announced the completion of its newly renovated Web site at www.boystown.org.

The exciting new site is easier to use, and provides useful information for children and families that are in need of Boys Town’s services and programs and anyone who wants to learn more about and partner with Boys Town.

Features include sections dedicated to donors, parents, educators, visitors to Boys Town (tourism), Boys Town’s sites, the Boys Town National Hotline, career opportunities, Boys Town research and program results, and many others.

The past year at Boys Town was one of innovation and exciting new opportunities for troubled children and at-risk families in need of hope and healing. Here are a few of the developments that helped further our Mission and widen our reach in the community, both locally and nationally.

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Boys Town

provided direct

care to 21,458

children

nationwide

through its youth

care programs in

2009….

Boys Town health

care programs

provided direct

care to 82,387

children and

families last

year….

The site provides donors with a quick, easy way to stay informed about the valu-able work Boys Town is doing every day to save America’s children and heal America’s families. Visit www.boystown.org today and re-discover Boys Town!

Nebraska Family Helpline and Family Navigator Service Answer the CallOne phone call can now connect Nebraska families to the help they need when dealing with their children’s behav-ioral health problems.

The Nebraska Family Helpline at (888) 866-8660 makes it easier for fami-lies to obtain assistance by providing a single contact point 24 hours a day, 7 days a week. Trained Helpline operators screen calls to assess immediate safety needs, identify the potential level of a behavioral health crisis, make recommendations or referrals to appropriate resources, and help callers connect to emergency resources or providers. The Helpline is supervised by licensed behavioral health professionals.

Family Helpline operators also can connect eligible families to the Family Navigator Service. This service helps fam-ilies move through Nebraska’s child- and family-care system more efficiently to get the assistance they need. Available within 24 to 72 hours after a Helpline referral, Family Navigator helps families identify existing community-based services and provides support from people who have had personal experience in the system.

The Nebraska Department of Health and Human Services is contracting with Boys Town to provide both programs.

Boys Town Kicks Off Competing with Character® More than 40 million children sign up for youth sports programs every year.

Seventy percent will quit by age 13, and never go back. Those who decide to stop playing say sports isn’t fun anymore, their coaches played favorites or were too nega-tive, or there was too much pressure.

Through his Competing with Character® program and book, Boys Town Coach Kevin Kush offers practical and innovative ways to keep kids in the game and make competition healthy, fun and rewarding. And he illustrates what youth sports can and should be – an opportunity for kids to learn valuable lessons that last a lifetime.

In 2009, Coach Kush began present-ing the program to coaches, parents and young athletes, providing effective, practical ways to put fun, values and sportsmanship back into kids’ games. In an entertaining, informative one-and-a-half-hour session, he lays out a game plan of specific strategies and skills for promoting sportsmanship, respect and fair play in youth sports.

Through Competing with Character®, Boys Town is teaching kids life lessons like overcoming adversity, contributing as part of a team and seeing how hard work and determination can lead to success.

National Research Hospital Earns Negley AwardThe Behavioral Health Division of Boys Town National Research Hospital earned the prestigious Negley Award for Risk Management, which is presented by the Mental Health Risk Retention Group. The award recognized the Division’s on-going commitment to demonstrating best practices in risk management and safety.

The safety and well-being of children are top priorities in all Boys Town pro-grams. Awards such as this reflect this foundational element of the effective care we provide.

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Mary Demetree has definitely followed in her father’s footsteps.

Demetree is a Boys Town Central Florida Trustee and daughter of the late philan-thropist William “Bill” Demetree, Jr. When her father passed away in 2006, the Orlando Sentinel remarked that Bill Demetree’s character was visible in two of his most notable projects: In 1983, he built the first high-rise in Orlando, which now houses Wachovia Bank. Three years later, he donated dozens of acres of land in Oviedo for construction of Boys Town Central Florida and its Treatment Family Homes and assess-ment centers for children.

Today, Mary Demetree holds the reins, continuing the Demetree family legacy as chairwoman of the William C. Demetree, Jr., Foundation.

In January 2009, she issued a major fund-raising challenge to supporters of Boys Town Central Florida – for every dollar donated and designated as part of the challenge, she would match the gift up to a total of $400,000. The challenge will continue through 2010.

“Boys Town Central Florida works every day to make a difference in the lives of children and families who desperately need help,” Demetree said. “My father believed in this organization and I have had the honor of seeing lives change because of the services it provides.”

The commitment of loyal supporters and donors like the Demetree family through

the years has helped Boys Town con-tinue its mission to save children and heal families, both in central Florida and across the United States.

Demetree is encouraging all supporters to donate now for one simple reason – their gift will double. These dollars are helping Boys Town Central Florida serve more children, and the matching challenge is increasing awareness and support from new donors.

“This is an opportunity for the commu-nity to have a great impact on central Florida’s children and families,” said Demetree. “I am honored to help raise more than $800,000 for an organization that brings life-changing care to the chil-dren and families who need it most.”

Demetree’s exemplary efforts display the philanthropic leadership she learned from her father over the years. Thanks to her and her family’s donations, Boys Town Central Florida is able to offer effective, research-proven programs through its Integrated Continuum of Care.

“My hope is that others will learn what a fantastic organization this is and follow the lead in helping Boys Town to assist children, families and communities,” Demetree said. “I know my father would be very pleased with what we are doing to help Boys Town reach out to even more people.”

a special donor

Long-Time Philanthropist Carries On Proud Family Tradition

Demetree’s

exemplary

efforts display

the philanthropic

leadership she

learned from

her father over

the years.

Mary Demetree

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You play a critical role in helping hope grow. We ask you to continue to help us bring healing to America’s hurting children and at-risk families. If you are already a part of our mission, Thank You. Your support helps Boys Town bring help to so many – across the United States. We remember each of you in our thoughts and prayers; please do the same for all children who face tomorrow without hope.

How You Can Help Donor Services | 1-800-217-3700Office of Planned Giving | 1-888-332-3219Email | helpkids@boystown.orgVisit online | www.boystown.org

The Honor Roll of Donors on the following pages recognizes individuals and organizations that made direct or in-kind gifts of at least $1,000 in 2009 to support Boys Town youth. We also want to take this opportunity to extend our sincere appreciation to donors who requested anonymity.

Many generous supporters made lasting gifts to Boys Town through their estates. We gratefully remember individuals who made estate gifts of at least $10,000 in 2009 to support the youth and families in our care.

Great care was taken to make this report as accurate as possible. We apologize if anyone was mistakenly omitted or incorrectly listed.

donor appreciation

Growing the Mission

ESTATE GIFTS$10,000+The Alton Foundation, ILMiss Irene C. Ambrosius, FLMr. George C. August, ORMrs. Alexander W. Baan, GAAlfred Bagley, PAMrs. K. F. Ballard, WAMr. Frank S. Barks, TXMr. Edward Beard, PAMiss Beatrice Beattie, PASalvatore Biamonte, NYIrwin and Sonia Block, NYJohn Anthony Bossly, WAJohn Brennan, NYMr. William P. Brown, VAMs. Florence E. Burgess, MNAnne Burke, CAMr. Pat W. Burke, MAKatharyn Busenlehner, MSMrs. Kathryn Campbell, PABernice D. Canata, CAMs. Peggy Carter, GANaomi B. Chambers, NYClements Foundation, TXAugust Clouse, OHVernon F. Dale, ILMiss Emma Dallorso, FLMrs. Emma Dodge Daly, CAMs. Marguerite Damer, MIDaniel J. and Adeline B. Sullivan, TXJames J. Davies, GAMrs. Frances S. Dawson, MIMr. Richard D. Deems, OHMr. Dominick DeNardo, NYMr. Armando DePeralta, CAAline C. Derbyshire, NJMr. and Mrs. Edward J. Dillon, AZMrs. Virginia B. Disney, DEIda Dole, NJEdward J. Driscoll, NJBenjamin M. Durfee, PAClara Ehritz, FL

Mrs. Samuel Esplen, MIMrs. Mary C. Everts, SCElsie Feldenzer, NJMr. Sidney P. Fell, PAGabriel Ferranti, NJMrs. Margaret Friedkin, ILMs. Anne C. Froude, AZEllen Fuchs, NJJ Floyd Garlow, OHAngelo C. Garzio, KSLewis Gebhardt, ORMs. Irma Ghiardi, AZLouis Gorostidi, FLMrs. Jennie M. Grabowski, NHRosemary Gregory, NYMr. John Groce, NMLuba C. Hagan, TXMrs. Dorothy A. Hansen, CAMary T. Harnett, NYRuth Harrison, KSBelva Lee Harter, COMiss Mary T. Hartnett, NYKatherine L. Helm, MNRev. Robert E. Hill, OHEdward T. Hurley, NYKatherine L. Hyde, MOMr. Ronald R. Jakubiec, ILMrs. Aili R. Jeffries, OHC. M.-Bobbi Jensen, WIMiss June R. Johnson, NYEvelyn C. Kahn, ILMrs. Barbara J. Kenney, NERose Knoop, MAMs. Eleanor A. Kohn, CAMrs. Lena M. Kramer, WIMs. Margaret Lappohn, ILMrs. Virginia Larens, CAMiss Juliette T. Lee, CAFred Liebscher, CAWarren Lyons, NYHilda Manderson, TXMs. Suzanne Heath Manges, COMiss Eleanor M. Martin, MIFrances E. Mayreis, CAMs. Dolores R. McShane, ILFrank Miller, CA

Mrs. Gladys Mishler, MIMr. Harold T. Mooney, PAMrs. Dorothy G. Morris, NYBetty Munson, WIMrs. Reynold Nebel, NJAnn M. Nelson, NYMrs. Constance M. Nelson, MDElma C. Nolan, MNMr. Nicholas Nuoci, COMarcella O’Rourke Reagan, NCMr. Charles W. Peitz, FLMs. Filomena C. Peloro, NJMrs. Rose Pendergast, NYMr. Joseph J. Pertusati, CAMiss Virginia M. Pete, WIMrs. Carlos Pimentel, CAThomas J. Plante, PAMr. Joseph J. Pline, MDGeorge and Isabelle L. Powers, FLMs. Jo Prokop, AZMiss Betty A. Repp, FLMrs. Dorothea A. Rhoads, OHClifford and Dorothy Richards, NVMs. Ann Riordan, CTMr. Charles Roberson, MOMrs. Ruth Rosenau, LAPhilip Rotter, FLLily Ruckstuhl, MD, AZMr. Harvey Schremp, WILillian Schultz, MISusanne Schuster, NCMiss Bridget Scinto, CTMr. Daniel W. Scribner, MAEdward F. Shortall, KSMrs. Anne M. Siratz, PAMs. Florence M. Slattery, NYMr. Frank R. Slaughter, SCFrances E. Smith, TXMs. Natalie Snyder, MASolon E. Summerfield

Foundation, Inc., NYElaine Stone, MTMr. Eberhard C. Suche, CTStewart and Mae Tait, MNAlice C Taylor, CAIona Tebelius, ND

Ms. Virginia N. Toombs, LAMiss Marcia E. Traer, IAMrs. Rozella S. Traficant, FLBillie Tunt, ILStella M. Valentino, NJLois Vaughan, TXMyron J. Walker, IAEugenie Phyllis Ward, ILMrs. Doris J. Waymire, INEdward A. Weidman, NVViola Weiland, NEThomas C. White, NVMrs. Patricia Williams, TXMr. Ernest M. Wirth, NDMr. Roland R. Wolf, WICletus Woods, ORMs. Mabel Yeager, OH

LEADERSHIP$100,000+Chicago Community Trust, ILThe Engelstad Family Foundation, NVGodfather’s Pizza, Inc., NEMichael and Dorothy Kycia, CTLied Foundation and Trust, NVLincy Foundation, CADr. Jose L. Morales, FLMrs. Eleanor D. O’Keeffe, MADarwin Paxton, OHValero Energy Corporation, TX

BENEFACTORS$50,000 – $99,999America’s Charities, VAWilliam C. Demetree, Jr. Foundation, FLThe Dr. Francis P. Chiaramonte

Foundation, MDThe Gayden Family Foundation, TX

2 0 0 9 A n n u A l R e p o R t | 19

Did you know

Boys Town

saves society

up to $4.8

million when

it saves a

14-year-old

child from a

life of crime?

GE Foundation, MAKen and Marianne Higdon, CAThe Jim Moran Foundation, FLCharles and Florence Lenz, AZRichard M. Murray, NYNevada Community Foundation, NVOmaha Community Foundation, NEMarilyn Paige, WAUSAA Federal Savings Bank, TXValero St. Charles Refinery, LAMr. and Mrs. Arthur R. Velasquez, ILWings of Hope Foundation, FL

PATRONS$25,000 – $49,999Mrs. Tal Anderson, NEThe Buckle, NECECO, Inc., ILThe Champlin Foundations, RIChicago Blackhawks Charities, ILCrowder Excavating and Land Clearing, FLDr. and Mrs. Armand Cognetta, FLMs. Bernadine H. Darling, SCDermatology Associates of Tallahassee, FLMr. Doug Farr, NJMr. and Mrs. Charles F. Heider, NEThe Hoehn Family Charitable Trust, CAThe Houssels Family Foundation, NVHuey Magoo’s LLC, FLIn-N-Out Burger Foundation, CAMrs. Madeline Klingler, CALands’ End, WIFrances E. Mayreis, CAMGM Mirage Voice Foundation, NVMr. and Mrs. Eugene F. Murphy, NYNevada Womens Philanthropy, NVNew Horizons, NENorma Gilbert Farr Foundation, FLOrlando Magic Youth Foundation,

a fund of the McCormick Tribune Foundation, FL

Parsons Brinkerhoff, ILMr. Ralph Phillip, LAThe Providence Journal Charitable

Foundation, RIKenneth E. Stinson, NEJohn Trotta, ILWal-Mart Foundation, ARWal-Mart Foundation-Nebraska, NEZarley Family Foundation, CA

ADVOCATES$10,000 – $24,999American Building Services, LLC, ILAT&T Real Yellow Pages, FLAzteca Foods, ILBank of America, ILAnna Mae Bensel, NJBergman Walls and Associates, Ltd., NVMr. Pierre E. Berry, MDRichard A. and Pamela A. Berry, NEBlue Cross and Blue Shield

LA Foundation, LABlue Cross and Blue Shield of Nebraska, NEMr. Ira R. Burnes, TXThe Burns Family Charitable

Foundation, ILThe Cathy McCarthy Living Trust, NVCapital Group Companies

Charitable Foundation, CACarMax Foundation, VAMr. Colon Carter, VAEdward J. Chance, Jr., NJCharles Vrana and Son Construction, NEThe Chatlos Foundation, FLChicago Heights Glass, Inc., ILChicago Irish Brotherhood, ILClear Channel Communication, FL

The Coca-Cola Bottling Company, NEConcrete by Wagner, ILVincent and Patricia Connealy, NEMs. Helen L. Cox, OKMr. Gerald F. Davy, GAMr. James M. Dehring, AZEntergy Charitable Foundation, LAEntergy New Orleans, LAThomas E. and Cynthia Erickson, KYMr. George W. Erny, PAMr. and Mrs. Louis Estrada, CAFidelity Charitable Gift Fund, OHPeter Fiori, CAFisher Brothers Foundation, NYFotsch Foundation, WIFrank W. & Katherine Partsch Trust, MAThe Gabor Agency, Inc., FLMrs. Ann M. Gilsdorf, MNMr. Ken Gootee, LAGootee Construction, Inc., LAGreater Kansas City Community

Foundation, MOMrs. Vivian A. Greiner, FLGTO, Inc., FLMr. and Mrs. Alan Guarino, NYThe Guarino Family Foundation, DEMs. Melonie P. Hall, LAMr. Frank B. Hartmann, GAHawkins Charitable Trust, NEMr. Michael Hogan, NEMrs. Margaret Homberg, MDMr. Charles N. Horton, PAIBM Employee Service Center, NYMike and Mary Therese Ismert, MOThe Joe W & Dorothy Dorsett Brown

Foundation, LAKCI Servant’s Heart Foundation, TXMs. Anne B. Kellogg, OHKingery Steel, ILKrahl Associates, Inc., ILMr. George W. Krull, Sr., FLMichael G. Krupa, TXMr. Stanley and Mrs. Kupiszewski, FLL. N. Ventures, Inc., TXLamar Advertising, RILamar Advertising Company, NELamp Rynearson and Associates, NEMr. William T. Lang, ILLAS Enterprises, LAMr. and Mrs. William J. Lauterbach, FLThe Lerner Family Foundation, FLLexisNexis, OHMr. Kenneth H. Lile, TXNeil and Cindy Linton, GALinus R. Gilbert Foundation, NJLombard Architectural Precast

Products Company, ILMr. Michael Lombardi, FLLutheran Community Foundation, MNMr. Charles Manning, PAMargaret and R. Parks Williams, FLMr. Michael Marino, NYMarquette Transportation

Company, LLC, KYMatthew McIntyre Memorial Fund, RIMr. Howard McClure, KSMr. John McGraw, CAMiss Margaret J. McNulty, DCMechanical Incorporated, ILMs. Joan Mellott, PADouglas E. Miller, NVMr. and Mrs. Kenneth M. Murphy, ILChris and Betsy Murphy, NEMrs. Janet Napper, NENational Grid, MAOmaha Community Playhouse, NEMr. Theodore J. Opilo, CAThe Orlando Sentinel

Family Fund-Holiday, a fund of the McCormick Foundation, FL

John Paderta, ILPascal Architects, LAPlaza Construction Corporation, NYJoseph P. Poniatowski, PAQwest Center, NEEvelyn P. Rapp, AL

John and Ivel Reed, NERobert Rigby-Hall, NYRitter Charitable Trust Foundation, NVMr. and Mrs. Gregory D. Rowe, MDPhil and Linda Ruden, NELawrence E. Ruf Charitable Fund of the

Manatee Community Foundation, FLMs. Beverly C. Saviello, FLMr. Bradley Saviello, ILMr. Timothy Saviello, GASC Ministry Foundation, OHJoseph Scangarello, CASeminole ISP Sports Network, FLMark Sicner, NE Mr. Larry H. Smead, CAMr. Leonard A. Snyder, NJMr. and Mrs. Larry Sokolow, FLMr. Marshall Sprigg, TXTed and Jean Staidle, ORSt. Jude League Claretian Missionaries, ILState Street Foundation, ILMr. and Mrs. Matthew Stedman, TXMs. Rose C. Steve, OKTallahassee Democrat, FLThe Stirling Club, NVTD Bank, NJJeffrey F. Thompson, MIMs. Dora M. Ullrich, ILUPS Foundation, CAValueact Capital, CAVons Foundation, CAMr. Lauren R. Weed, NCMr. and Mrs. Raymond Whitehead, CAMs. Heidi Woodard, NEMr. Robert Zengler, OH

GUARDIANS$5,000 – $9,999Advanced Polymer Coatings, Ltd., OHSally Anderson, CAAngelo Gordon and Co. L.P., NYAon Corporation, ILApplied Psychological Techniques, CTThe Arthur C. Nielsen, Jr. Family

Charitable Trust, ILAT&T Center, TXAyco Charitable Foundation, NYBank of America

Charitable Foundation, RIMrs. Beatrice B. Bazarsky, RIThe Bell Tower Foundation, CAMr. and Mrs. Jim Bettinger, FLBIC Graphic USA, FLBisaillon Excavating, Inc., ILHylda Blaske, WABlue Cross and Blue Shield of Illinois, ILBoyd Gaming Corporation, NVMrs. Anita Branch, TXDr. Patrick E. Brookhouser, NEMr. and Mrs. Robert A. Bruce, VAMs. Lela Budwine, TXMs. Jacqueline Burnett, NYFrank Carl Calabrese, ILRobert and Elaine Cannon, WYDavid E. Catalano, INCharles Schwab Corporation, CACollege World Series of Omaha, Inc., NEMr. and Mrs. James Collins, ILCOPIC, NEMr. and Mrs. William W. Corcoran, Esq., RILeo A. Daly, NVMr. and Mrs. Michael D’Arcangelo, PASara Demetree, FLDr. and Mrs. Edward Desloge, FLEdward Desloge, FLMr. and Mrs. Bobby Dick, FLDick and Jackie Deskovick

Foundation, NJAntone and Pat Dobrauc, NEMr. Thomas Dolan, MIMs. Elizabeth Doria, MADouglas County, NE

20 | 2 0 0 9 A n n u A l R e p o R t

Mr. Alan Dreeben, TXDuda Family Foundation, TXEmployee Community Fund

of Boeing, ILFall-Line Motorsports, ILFendi, NVFrank and Victoria Fertitta, NVMr. Ira Fishman, NYMr. and Mrs. Cameron Fowler, PAThe Fredrick Family Trust, CAFront Running Sports, FLGambrinus Company, TXMr. Vincent Gelardi, NYGeorge and June Block

Family Foundation, ILMs. Julie Goldberg Preng, CTGrand-Kahn Electric, LLC, ILGreen Hasson & Janks, LLP, CAGurtz Electric, ILBill and Natalie Harger, FLHelene L. Harkins, CAThe Harper Family Foundation, NECurtis K. Harshaw, TXMr. Wilbert Hattan, CAHealth Care Services Corporation, ILHealth Plan of Nevada, NVH-E-B, TXHerner Geissler Woodworking

Corporation, ILWilliam E. Hesson, CAMr. and Mrs. Gus Hiller, GAGeorge and Karen Hixon, TXDennis Hogan, III, NEMs. Connie L. Holland, CAThe Hollis and Virginia Haughey

Fund, CAMr. and Mrs. Richard K. Holloway, CAHub International Scheer’s, ILInternet Directory, Inc., TXNorm and Sharon Jenkins, NVJNR Incorporated, CAJohn and Anne Lichner Foundation, ILThe John Clarke Trust, MARajive and Indrani Johri, CTJunior League of the Palm Beaches, Inc., FLMargaret Karren, CARichard and Mary Ketchum, NYKiewit Western Company, ILKleinknecht Electric Company, NYKNPR, NVKoenig Family Charitable Foundation, ILKorn/Ferry International, NYCynthia Kotula, OHKroeschell Engineering, ILMrs. Loretta Lackey, FLLas Vegas Review Journal, NVMs. Judith Lewis, FLMr. Halley Lewis, FLLoren Petersen

Family Foundation, GAShirley Jean Macaron, NMMary Ann Mahoney, ILMr. Arthur L. Mahoney, Jr., MAAmber Martin, CAGregory and Lori Mc Millan, MNMG Engineering, P.C., NYMi Mama’s Tortilla Factory, NEMidwest Generation EME, LLC, ILDouglas Miller, MPMr. Leon Myers, CAMrs. Nancy Nagy, FLMr. Rolf L. Nelson, WANew Orleans Jazz Orchestra, Inc., LANike, Inc., ORCharles W. Nobbe, FLDellora A. and Lester J. Norris

Foundation, ILNorth Eastern Fabricators, Inc., NYNuStar Logistics, LP, TXRosanne O’Brien, CAMichael and Ann O’Brien, ILCity of Oviedo-

Oviedo Police Department, FLPatricia S. Owens, SCMr. Robert Parrish, FLPB Foundation, Inc. , NY

Performance Toyota, NEJim and Diane Perrella, FLPete Petterson, MTThe Philip Hohnstein

Family Foundation, CABill and Joan Porter, HIJohn W. Porter Trust, MNRichard and Julie Preng, CTPro Tapping, Inc, NJThe Province of St. Mary

Capuchin Order, NYPaul and Lorraine Ramadan, CORaytheon Company, RIRegions Bank, ALMr. and Mrs. Donald E. Reid, DERicondo & Associates, Inc., ILTim Ripplinger, NDGary and Barbara Rodkin, NEJane Romweber, GACatherine and Dan Rourke, TXMichael F. Ryan, RISan Antonio Children’s Foundation, TXFred E. Sayre, IDSchwab Charitable Gift Fund, CAShamrock Decorating, ILSiegfried & Roy Foundation, NVSilicon Valley Bank Foundation, CADorothy Sohler, MNDr. Bob Soni, FLDr. and Mrs. Lucas E. Stevens, FLMs. Judy G. Stevenson, ILTempus Construction Services, Inc., ILTenaska, Inc., NEMs. Laura Tennyson, LALawrence T. Terrell, CATexas Cavaliers

Charitable Foundation, TXThomas Family Foundation, CORobert L. Tinklepaugh, NHThe TJX Foundation, Inc., MATransit Associates, ILTruist, NYThomas Tye, MIUnity Construction Development, NYUS Charitable Gift Trust, DEvan Dillen Partners Charitable Fund, CAVanguard Charitable Endowment

Program, MAMr. and Mrs. Greg Wagner, NEWal-Mart, NEWehmeier’s Belt Shop, LAMr. Scott Werth, NEMadonna M. Wolff, MOMs. Patricia Zimmer, COMr. and Mrs. John J. Zollinger, IV, LA

STEWARDS$2,500 – $4,99924/7 Magazine, NVPatrick and Angela Adams, FLAdvanced Financial Services, Inc., RIAlamo Heights United Methodist, TXMr. Leonard A. Alanurm, NHAllied Health Care Services, Inc., NJAll-Saints Church of Winter Park, FLMr. Philip Altheim, NYRon and Beth Amenta, NEAmeresco, ILAmerican Sprinkler, LAThe Andrew Roddick Foundation, FLAngels Baseball Foundation, CAAON Risk Services, NEAQR Capital Management, CTBank of America, FLThe Bank of New York Mellon, NYMr. Lester M. Barback, LAJohn and Rita Barnett, MOJim and Elizabeth Bastian, CAAndrew M. Bath, NEMr. and Mrs. Frank R. Berry, TXMs. Patti L. Blanchette, FLFather Steven E. Boes, NE

Mr. and Mrs. Mario Borini, NVColin and Norma Brady, MOErich Bredl, TXJohn and Keri Brewer, NVBrian Barnard Flooring America, FLMr. Robbie Browning, FLMrs. Renita Buchanan, FLMr. Cliff Buller, LAThomas Burnes, NEMaj. Gregory A. Butterfield, OKThe Byrnes Family Foundation, MACal Hinz Architects, NECalifornia Community Foundation, CACapital Area Transist System, LAMr. and Mrs. John Naylor

Cargill-Naylor, NVCars 4 Causes, CACartier, NYCathy McCarthy Living Trust, NVMr. William Chambers, COMr. Steve Chambers, NECirque du Soleil, NVCirque du Soleil, NVClear Channel, NVMr. and Mrs. Anthony M. Colangelo, NYColeman Family Foundation, NMCommercial Building Maintenance

Corporation, NYCommunity Health Charities

of Nebraska, NEConAgra Foods, Inc., NECopham Family Foundation, FLMr. Rafael R. Costas, Jr., CACotter Consulting, ILMrs. Adrian M. Cowan, TXMrs. Patricia Crandell, COCreative Construction, LLC, NYCross-Fire & Security Company, Inc., NYCushing, Co., ILDr. Dan L. Daly, NELeo A. Daly, NEMr. Edward M. Davis, NVChip Davis, NEdeFabrique Orthodontics, FLThe DeLonais Foundation, MNEric R. Dendorfer, COMr. and Mrs. Clifford Deschamp, SDJack and Terri Diesing, Jr., NEMr. and Mrs. Thomas J. Dietsche, MIGeorge Dines, Jr., MDDMJM Aviation Partners, FLCol. Phyllis A. Dolin, IADon Allen Foundation, Inc., FLMr. and Mrs. Mark Downing, CADress Barn, NEMr. and Mrs. J. Everitt Drew, FLGary Droll, TXEdwards Lifesciences, CATim Egan, ILMr. and Mrs. Michael Eglseder, NEEnCap Investments, L.P., TXMr. and Mrs. William R. England, PAMs. Kathie Faccinto, NVMr. and Mrs. Eugene Fama, ILSusan Fine, NVFish & Richardson, P.C., MAMr. Irvin Flora, WYMrs. Janet Florer, TXFlorida Power & Light, FLFranczek Radelet, PC, ILFreddie Mac Givingstation, DCFulton Reclamation and Recycling, CAMr. Joseph E. Gassib, Sr., NJGeorge J. Hubert Jr.

Foundation, Inc., OHGG Painting Unlimited, NYGlobal Impact, VAGolf San Antonio, TXMr. Robert Graham, NVTom and Sue Gregory, NEGrubb & Ellis, NYMr. and Mrs. Jimmy Gustafson, Jr., FLMrs. Rita K. Haase, MIMr. Alfred Hammersmith, KSKenneth Hanley, AZMr. James K. Hardy, WI

Mr. and Mrs. Dennis Harnisch, CAHarrah’s New Orleans, LAJames A. Hartman, IAHatzel & Buehler, Inc., NYHerbert & Daisy Stride

Memorial Foundation, RIDorothy M. Heskett, MIChristopher Hinesly, ILCalvin L. Hinz, NEHoly Mother of God

Greek Orthodox Church, FLJames Houssels, NVMr. Jake Houssels, NVHunter Roberts Construction

Group, LLC, NYIllinois Tool Works, NJMichael and Nancy Ingrisano, VAJacobs Engineering, ILMrs. Charleen Jenkins, WAJoseph Neto & Associates, Inc., NYKaback Enterprises, Inc., NYKJS Family Foundation, NVMs. Bettie M. Koval, NV Tom and Julie Krehbiel, NEKunes Country Ford-Lincoln-Mercury,

Inc., ILLas Vegas Hilton, NVLaurel Ridge Hospital, TXLarry E. Leonard, MOMr. Stanley J. Lesisz, CACraig Levine, NYLisa Wendel Memorial Foundation, CODr. Maureen T. Luby, TXMichael and Jayne Macholan, NEMaegher Family Enterprises, FLDr. Michael M. Malivuk, COJ. Andrew Mankie, NYMarquis Las Vegas, NVGary S. Marrone, M.D., NVCarlos and Gina Martinez, NYMrs. Loretta Mature, CATony and Joan Mazzarelli, NEDr. and Mrs. Michael McGuire, NEMr. and Mrs. Michael McGuire, NJMcKernan & Associates, Inc., NEPiper Medcalf, CAMr. and Mrs.Timothy Meenan, FLMrs. Catherine A. Mellen, NEMicrosoft Corporation, NJMid-America Center, IAMidwest REM, ILMifsud Family Foundation, OHMatthew and Marian Miller, NEMr. Lawrence Miller, ILMission Industries, NVMrs. Leslie Monson, LADesiree B. Moore, CAMorgan Stanley Smith Barney

Global Impact, NYMr. J. Edward Murphy, Jr., VANAMSB Foundation, Inc., NYNewport Medical Solutions, CAJay and RaeLynn Nilson, PANorth Florida Animal Hospital, FLLarry Nugent, COOcean State Charities Trust, RIPajama Program Headquarters, NYPamet Capital Management, LLC, MAMr. John U. Parolo, KSMrs. Julia S. Phelps, OHDesiree Pierce, CAGary and Cassandra Pietrok, NEEddie Pigott, MNRichard and Wendy Plaster, NVCharles and Joan Popovich, NVPremium Concrete, ILPremium Electric, ILPrimera Engineers, Ltd., ILCapt. Kim B. Reisdorph, NCDr. and Mrs. Gerald Ries, NEJohn A. Ritter, NVRML Health Providers, LP, ILRobert Arum Trust, NVMr. Stephen L. Romine, MAClare Rosinski, NYRoger and Janna Ross, IN

2 0 0 9 A n n u A l R e p o R t | 21

Research

studies prove

Boys Town

programs

work. Nationally,

at-risk children

have a 44 percent

chance of earning a

high school diploma.

However, Boys

Town youth,

whether they

receive care in their

own home or in a

home-like setting,

graduate at

a nearly 85

percent rate.

Rotary Club, CAMr. Laurence Rudnicki, COJohn and Barbara Ruf, MNMrs. Colette Saltz, NVRussell and Sharon Sauer, MNRobert and Roxanne Schneiderwind, COSEC Group, Inc. , ILMs. Eva Seijido, NYMr. and Mrs. H. Bruce Shreves, LAShutts & Bowen, LLP, FLSidney Stern Memorial Trust, CAMr. Mace Siegel, CASignature Auctions, NYSimon Peragine Smith &

Redfearn, L.L.P., LAMr. and Mrs. Warren H. Smith, LAFarrow and Grace Smith, Sr., NVMr. Robert E. Smith, TXJohn and Janet Smith, ILSniffen Law Firm, FLBruce and Margaret Soltis, LASonnet Technologies, Inc., CASound Refrigeration &

Air Conditioning, NYSoutheastern Plastic Surgery, FLMr. and Mrs. Lowell Spears, TXMalcolm Norman Stewart, VAStoody Mills & Lansford, LLP, CATeresa L. Stottlemyre, IAMrs. June Strauss, FLStructure Tone, Inc., NYSun City Medical Partners, CAMs. Laurie A. Susie, NERobert and Doris Suzuki, HIMadison M. Taliaferro, D.D.S., ARTallahassee Plastic Surgery Clinic, FLMr. Arthur H. Taylor, GATBA Global, LLC, CATerry Plumbing, ILThomas Howell Ferguson, P.A., FLThomson Reuters, MAThunder Express, CAHarold S. Tiernan, ORNovo Nordisk, CAToshiba Business Solutions, NVTranswestern Investment, CO., ILTurano Foundation, ILMr. and Mrs. Michael S. Turner, TXTurn-Tex Machine and Tool, TXUnited Way of New York City, NYUnited Way of Rhode Island, RIUnited Way of Southern Nevada, NVThe Mary E. Van Drew

Foundation, Inc., INVanguard Charitable

Endowment Program, PAVegas Indoor Skydiving, NVNicholas and Mary Violino, NYVivian F. Krodel Charity

Foundation, CAKhai T. Vu, CARobert Waldrup, TXDr. and Mrs. Tony Weaver, FLDavid J. Weiner, MNWells Fargo Community Support, NJDustin Werth, NEMr. and Mrs. Mark Whitley, FLWhitney National Bank, LARick and J. V. Wiener, MNWilliam B. Leatherbee, Jr.

Charitable Trust, RIWilmer Cutler Pickering Hale

and Dorr, LLP, MAYorktown Partners, LLC, NYYouth Rescue Initiative, LAYves Saint Laurent, NVMr. David Zepeda, CA

FRIENDS$1,000 – $2,499

Mrs. Josephine P. Abbott, VAMr. Charles Abela, CAMs. Margaret E. Abenante, NCAboveboards, OHMr. James B. Achee, TXMary Phillips Acker, FLMr. and Mrs. Pierre Adam, ILDr. Kay E. Adams, NVMr. and Mrs. John M. Adams, MAMr. George Adams, ILAdco Electrical Corporation, NYAdvantage Wall and Floor Covering, INMarco E. Agurcia, Jr., FLMr. John Aide, FLMr. Rudy H. Alber, ILMr. and Mrs. David Albright, IAMs. Mary B. Aldaco, CAAlfred F. Antonicelli

Charitable Foundation, CAMs. Josephine Allen, PARalph and JoAnn Allphin, WAAllstate Giving Campaign, VAMr. David Althaver, NJAltria Group Inc., NJMr. Thomas I. Amass, NCAmerican Express Foundation, NJAmeritas Group, TXAMS Mechanical Systems, Inc, ILBeverly Anderson, NVMr. and Mrs. Jan Anderson, TXMr. and Mrs. Andrew Andrews, OHJohn Arch, NEArrow Tank and Engineering, MNMr. Robert Arrowsmith, CTAssociation of

Surgical Technologists, COAT&T, FLAT&T Foundation, NJMr. Bernard J. Atkinson, CAMr. Joseph P. Augustyn, CAAusley and McMullen, FLAvenue, NELorece Avery, TXAvon, NEB & D.B., ILThe Backus Family Foundation, WIMs. Priscilla A. Baddley, UTMr. William Bader, OKRobert Baird, AZBaker Distributing Company, LAMr. and Mrs. Tyler Baldock, FLRaymon A. Baldoni, CABaldridge National Quality Program, MDMr. Robert Ballard, VAClaire Bancroft, RIBank of America Foundation, NJMr. and Mrs. James W. Banovich, WIMr. Louis P. Barberi, FLMr. Brian Barnard, Sr., FLBrian and Debra Barrett, ILMr. Richard R. Bassett, FLDr. Craig A. Bassett, NEFrancis Bates, ARDr. Robert M. Battle, TXJames F. Baum, NYMr. and Mrs. George A. Baumann, NCBaumgartner Construction, ILBB&T, FLBeacon Light Foundation, NYMr. Donald Beattie, NYMr. Robert J. Becherer, AZMrs. Verliena Becker, IATerry Bedford, NVJohn Belford, NEMr. Jon Belisle, MNJoy Bell, NVGeneva Bell, NVBergman Family Foundation, AZMs. Elsie Bernhardt, NYMr. Clarence Berry, NJMs. Heather Best, NJMr. and Mrs. Frank P. Bevilacqua, OHMr. Henri D. Bezy, FLKankan Bhattacharyya, NJMr. and Mrs. Jim Biegel, ILBill Robinette, Inc., MS

Dan Billerbeck, NEBilly J. and Jean S. Martin

Foundation, ARBio-Bright NY LLC, NYGreg Birdwell, IDBiz-Tax Inc., WVBKD Foundation, MOWilliam T. Blaszak, INBlessed Sacrament Church, FLMr. Nelson Blitz, NYBlue Foundation, ILMs. Margaret Boais, KYMr. Matt Boelter, WIGene and Mary Jane Boes, NEMr. Donald Bohm, NDKathleen Boland, CAMs. Anita Bolkovatz, CALt. Colonel Esther T. Bongiovanni,

Ret., TXMs. Jacquelyn Bonner, TXBonn-J Contracting, Inc. of Florida, FLBorders, ILHelen E. Borg, GALouis Borick, CACarl and Barbara Borup, FLMr. and Mrs. Jim Bottroff, ORKathleen Boutin, NVMichael Boutwell, INMrs. Sally W. Bowler, SCMr. and Mrs. James F. Bowling, GADon Bowman, NEBowman, Barrett and Associates, Inc., ILBowyer, Singleton & Associates, FLBoys Town

National Alumni Association, NEBP Matching Gifts Program, NJThe Brady Family, VAMr. and Mrs. William Brandner, LAKenneth B. Branon, SCMrs. Mildred Brantley, ILMr. Einar Brastad, MNMr. Glenn M. Brazel, INJohn D. Brennan, CAMr. Gerald Brezina, TXAdmiral Charles H. Brickell, Jr., PAMarie C. Briggs, NVMr. Michael Bright, NCMr. Nick Brizendine, TNMr. Vincent A. Brocato, CADr. and Mrs. Larry G. Broome, MSJoel Brown, Jr., TXJason and Lisa Bruce, NEBarbara Bruggemann, VTThe Brunetti Foundation, NJBrungardt Oil and Leasing, Co., KSMr. and Mrs. Matt Bryan, FLStephen and Cherry Buckley, KSKevin M. Buckley, NVMrs. Nettie Bucy, KSMr. and Mrs. Mark A. Buechler, TXMrs. V. W. Bunker, MIMr. John R. Burgess, ILMs. Pamela Burke, CAAlbert Burke, MIDr. and Mrs. Shane Burkhead, FLMargrith Burlet, CAJohn Burns, FLGregory S. Bush, CA

Ms. Lori W. Cabell, PADolores M. Cacchio, NJMr. Henry F. Cachia, NYMr. Timothy J. Callan, CACalvin L. Hinz Architects, NEMr. and Mrs. Everett C. Campbell, VAMiss Harryette Campbell, MOMr. Don Campbell, CAMs. Silvia A. Campi, PACapital City Bank, FLThe Capital Group

Companies, Inc., CACapital Project Management, Inc., PACargill, NE

22 | 2 0 0 9 A n n u A l R e p o R t

Carl E. Wynn Foundation, CADiane M. Carlson, NVMr. Doug Carlton, NVCarnegie Abbey Club, RIMs. Rosalind Y. Carr, NJMiss Carolyn Carrano, FLMrs. Margaret M. Carrica, NEMr. Tom Carson, OKMs. Pamela Carter, NYDr. and Mrs. Watt M. Casey, TXCasey’s General Stores, Inc., IAMr. F. Wade Cassidy, ILCatholic Community Foundation, AZRick and Lisa Cederoth, ILCenterbrige, NYMr. Ralph Chambers, FLCarrie Chapman, NECharity Challenge, Inc., FLMr. and Mrs. Joe Chick, FLChilders Construction, FLChris Electric, Ltd., RIDorothea Christensen, MIRev. Carl E. Christiansen, Jr., PADavid Chyan, CAMarie R. Cimino, PABen R. Ciraulo, UTMr. Dana M. Clague, TXPreston Clancey, TXMs. Janice Claridge, CAClaudio Milano, NVRenee Cleroult, COMr. Guy Cleveland, NYMr. Frank L. Clinton, ILCoca-Cola Bottling Company, GAMr. Raymond Colasurdo, NYCole-Taylor Bank, ILColgate Palmolive Company, NYMr. and Mrs. John Collet, TXMrs. Gabriela Coltea, FLMr. Gary J. Comes, IACommerce National Bank of Florida, FLThe Community Foundation, MDComprehensive Abandoned Property

Service, NYJoe F. Connolly, TXMr. Raymond Connor, Jr., ILMichael and Roxanne Connor, FLConstitution Cable Products, CTConsumer Management

Solutions, LLC, VAJean-Pierre Conte, CAKenneth Corbett, NCMr. Richard Corey, WVMrs. Laurel D. Cornish, MDCovenant Church, LADouglas R. Cox, MDLinda and Gary Cox, TNJudy A. Cox, WACPS Energy, TXMr. and Mrs. Michael B. Crane, COMs. Betty M. Crank, NCI.J. Organ Creative Counselors

Herb House, ILMrs. Hazel Creeser, NCRobert and Frances Cribb, FLMs. Irene Crowe, MDMrs. Monica Cuellar, WAMr. and Mrs. Jim Dahl, FLMs. Dixie T. Dahlstedt, NYMs. Christina Danguillecourt, FLMr. Arlie J. Danielson, KSPaul Dankoski, CADave’s Auto Body, NEMrs. Kathleen Davidson, IAJerry Davis, Ph.D., NEMr. Robert L. Davis, INLaura S. Davis, MDRobin L. Davis, ARDaysprings Ministries, Inc., LADayton Foundation, OHMr. and Mrs. Charles De Benedittis, NYMrs. Shelby Dean, TNMichael Dean, NVVirginia Deane, IDMr. Joseph D. DeBartolo, CTMr. and Mrs. Philip DeDionisio, FLDell Direct Giving Campaign, NJ

Romeo A. Dellachiara, CAMr. Nicholas D. Demisay, FLAlbert E. Dennis, Jr., NJMr. and Mrs. Benjamin Denno, MIChristopher and Heather Derganc, TXd’Escoto, Inc., ILMr. G.A. di Blasi, FLMr. and Mrs. Chris Diamantis, FLMiss Anita F. DiCara, NYMr. David W. Dickson, CAMs. Maryrose DiDomenico, MAThe Diffley Family, NVKimm Dilocker, NEMr. Sid Dinsdale, NEMr. George H. Dobbins, AZJohn and Marie Dolan, RIBrian and Dawn Dolan, ILSenator Robert Dole, DCDonald and Mary Dombek, FLMary Donnelly, NJMr. Francis J. Donovan, NYPatricia Dooley, AZThe Dorothy D. Smith

Charitable Foundation, SCThe Double-R Foundation, NYMary Dougherty, WIDouglas and Theresa Dougherty, NEMs. Nadine Douglass, CAMr. and Mrs. Jeff Doussan, LARobert Downs, CAJames and Virginia Doyle, AZGalen and Nancy Dreibelbis, PAMr. Rudolph R. Dreiling, KSMs. Irene Dreiseszun, KSJohn D. Drew, TXMr. and Mrs. George W. Drewry, Jr., TXDriscoll Foods, NJMr. and Mrs. Eugene Dumas, LAMr. R.L. Dunn, III, VAAnn Durant, FLThomas and Alice Durante, PAMr. Mark Duren, NEMr. John Duvall, MODr. and Mrs. Allen D. Dvorak, NE

Mr. Larry M. Echelberger, TXDonna R. Ecton, AZMr. Fred R. Edelen, KYMr. Andrew C. Edwards, CAPamela Edwards, ILJohn and Pat Eisenach, NEMr. and Mrs. Jerry Elkington, WARichard W. Ellis, PAEmil Ewald Family Foundation, WIEmployees Service Association of

Electric Boat, RILeRoy Engelhardt, MIRobert and Susan Engelke, WIMr. Barry J. Ennessy, ILMatthew and Heather Epright, SCMr. and Mrs. Donald C. Erwin, CAAngelina Esposito, FLEugene W. and Gloria Landy

Family Foundation, NJMr. and Mrs. Donald R. Faint, ALMr. Jack Falfas, OHMr. Scott Fanelly, NCAl and Jo Ann Fargnoli, KYMr. and Mrs. Vernon Farley, NEDr. John Farr, NECommander and Mrs. Frederick Farris, MDFarris Engineering, Inc, NEMr. and Mrs. Thomas Farro, OHFashion Show Mall, NVPhilip and Randa Faye, VAMr. Thomas Feeney, INJack and Ivonne Fernandez, PATed Fiducci, TXThe Finestra Foundation, CAMalcolm and Sheila Finnane, FLFirecom, Inc., NYFirst National Bank, NEFirst National Merchant Solutions, NEMr. Ray F. Fitzgerald, CA

Mr. Francis FitzSimmons, MNMr. Matt Flinn, NESarah L. Flint, WAScott Kevin Flood, NVFlorida Fence & Deck, FLMs. Denise Flusche, OKMr. Gregory J. Foley, NJAlbert and Rosemarie Forcucci, IAShelva Fordyce, TXForms Management, Inc., FLFrances E. Forrest, MOThomas A. Forrester, MAMichael D. Fox, OHFox Rothschild, NVMiss Grayson Foy, VAAlfio Fragala, VAKathleen Frame, AKMr. August Franchini, Jr., GADr. Timothy Francis, NVJohn and Janet Frantz, CAMs. Judith G. Frederick, OHMs. Cynthia E. Freshnock, FLMr. and Mrs. Wayne F. Frey, PAMr. Jeffrey L. Fries, IARuth A. Friesen, CAMr. Miguel Frontera, MDJanet Fry, NEMichael and Christine Fullmer, PACarol Fulton, CASteve S. Furse, III, TNMr. Hayden Fusia, GAFusselman Salvage Company, MO

Michael Gadow, MNMrs. Anna E. Gaffrey, NDGallup Organization, NEMs. Roberta A. Gancarz, NYAlan Ganey, MDPhilip G. Gans, Jr., VAMs. Kathleen M. Garcia, TXJohn A. Garibaldi, NYMrs. Catharine M. Garrity, NYWayne M. Gatewood, Jr., VAMr. Rudy Gehrman, NYThe Gem Collection, FLMr. and Mrs. Robert L. Georskey, FLMr. Loren Gerber, MIMr. Robert W. Geyer, FLPamela Giannette, CTMr. and Mrs. Walter Giernoth, ILJim and Barbara Gifford, OHMr. J. Giglio, MIHelen E. Gillespie, OHMs. Diana Gillette, CAMr. John Gilliam, CAMr. and Mrs. John Gillin, GADrs. Afaf and Zaiful Girgis, MDMr. Evaristo Giuliani, CAGlaceau, NYMs. Jo-Carroll Glasson, CAMrs. Mary Gocke, CAMs. Donna Godbehere, CAHarold Godboalt, NCMr. Ronald J. Goedde, CAMs. Laura Gold, MDMr. Gerard Golden, MAGolden Eagle Country Club, FLGolden Nugget Uplifting Children, NVThe Golden Triangle Show, Inc., GAGoldman Sachs & Co., NYTom and Sandy Goldsworthy, OKMr. Mark F. Gooch, OHDr. Mary L. Good, ARMr. Gene A. Good, OHLeo and Nancy Goodhouse, CAMartha Goodpasture, TNMr. L. Martin Goodwillie, MIGordon H. Dickinson &

Company, Inc., PAMary L. Granade, GAMr. Timothy J. Grau, COMr. Roderick G. Greaves, CAJordan and Susan Green, AZMrs. Dolores R. Greene, CT

John and Doreen Griffith, NEBenjamin G. Griggs, Jr., WIMiss Dora E. Gross, KSMr. James R. Grosse, WIMr. Daniel G. Gruber, OHMary and Thomas Grudnowski, MNMs. Linda Grundy, MIMrs. Carolyn Grundy, MDG’s Lounge, FLGT Midwest, KSGTCR Golder Rauner II, LLC, ILMrs. Marietta F. Guedry, LAMr. and Mrs. Donald Gundle, MIMr. Francis L. Gustina, PAEugene Gute, IAMs. Lucy W. Gutierrez, CAMr. Walt Hack, NECaroline Haider, NDLucien T. Hall, III, VAWayne P. Hall, NYHerb and Marian Hames, NEMr. and Mrs. R. C. Hamilton, CTFelton Hammond, TXMs. Jane A. Hammond, PAMichelle and Nathan Hancock, CORosetta Harbour, AZMr. Roger Harman, WAHarrah’s Las Vegas, NVHarrah’s Operating Company, Inc., OKMr. Donald Harrer, IAMr. and Mrs. Rachford Harris, CAWalt Harrison, ALV. E. Harsh, OHHartford Foundation

for Public Giving, CTJames A. Hartman, IAMr. George D. Hasley, Jr., SCMr. and Mrs. Norman Hasman, AZBrian Hass, CAThe Hatfield Family Fund, NJJohn Hauck, CAMrs. Lee Haupert, IADave and Ann Hawk, PAHawkins Construction, NEJerry R. Haynes, WAMrs. Faye K. Heckler, OHMr. Robert T. Hedrick, Jr., PALandis and Mary Heistand, PASteven Heitman, CAMr. and Mrs. Denis Helm, MAHerman Hemming, MDHendrix Foundation, TNJune Henning, NJFred and Linda Jane Henry, CAMs. Susan Henry, AZMr. and Mrs. Paul Henry, NVLarry D. Herron, M.D., ILMs. Cindy S. Hesselroth, AZJim and Judy Hettwer, NDHFW, Inc., CTMs. Jill Higgins, MIEdmund Hill, NYMr. H. G. Hill, Jr., NYMs. Carol P. Hill, GAMr. Mervin E. Hillard, Jr., VAMr. Roger Hinton, OHLouis and Beverly Hoadley, CONorma E. Hobbs, WAMr. Dennis H. Hochsprung, TXJames and Cherinne Hockett, COJanice Lee Hoelscher, TXJoseph F. Hoey, NJMr. Louis J. Hoffmann, MNMr. Paul M. Hoffmann, NJMr. and Mrs. Philip M. Hogan, NYHelen M. Hogan, FLCecil and Louise Holder, TXHolly Beach Public Library

Association, NJEdward F. Holscher, MIMr. Elmer Holthaus, KSHoly Cross/Immaculate Heart

of Mary, ILHoneywell, NJDebra Hood, NVDonald and Marilyn Hooper, NEMr. and Mrs. James L. Horan, FL

2 0 0 9 A n n u A l R e p o R t | 23

Ms. Deborah Horn, OKMary C. Horstman, INVere A. Hotchkiss, AZMrs. Therese A. Howard, COHP Employee Charitable Giving, DCDr. and Mrs. Eduardo Hubard, FLPat and Al Huber, CANancy Huenink, WIElizabeth Huhn, FLMr. and Mrs. Ronald A. Huiras, WIJohn Hunt, NVRobert Hurtubise, COMr. and Mrs. Richard Hutchinson, SCThomas G. Hutchison, FL

Mr. James R. Ianni, NJIBC Investment Services, TXIHI Electronics, CAIndependent Order of Foresters, FLMr. and Mrs. Rex C. Ingram, MNIrwin Kishner Foundation, NVArmand Jackson, NVMr. and Mrs. Gregory W. Jacobs, NYJohn Jaeger, ILJames G. Kennedy & Co. Inc, NYTimothy and Stephanie Jansen, FLLinda Jantzen, NJMr. and Mrs. David Japikse, MEJDP Mechanical, NYMs. Joann Jefferson, NJThe Jeffries, INMs. Judi A. Jennings, MOMr. and Mrs. Julius T. Jensen, INJerry’s Commercial Maintenance, FLJGD Management Corp., NYThomas A. Jirasek, ILThe Joan Winchell Trust, NVJoe and Pasena Maroun

Family Foundation, FLEldon Joersz, TXJoey’s, Inc., TXMr. and Mrs. Albert Johansmeyer, NYJohn Jay Mann Foundation, FLMr. and Mrs. David T. Johnson, WIMr. and Mrs. Peter H. Johnson, MOMr. Wray R. Johnson, VAJohnson Controls, ILJohnson Drywall, NEMs. J.H. Johnston, CACaroll Johnston, NVJOLAN Foundation Corporation, INJames D. Jones, VAMr. Johnny Jordan, Jr., TXWillard and Peggy Jordan, TXJPMorgan Chase Foundation, MAK-Five Construction, ILSinan and Kai Kanatsiz, CAKansas City Southern Industries, MOThe Karsh Family Foundation, CAMr. Leonard Katzer, KSRonald V. and Kathy A. Kazmar, ILJames Kearns, UTMrs. Corinne B. Keleher, ILMr. Robert Kellams, INMr. and Mrs. Frank Kelleher, CAPeter R. and Cynthia K. Kellogg

Foundation, NYDave and Sue Kelly, OHRobert Kelso, TXMr. Dan Kendig, NEMr. John M. Kennedy, ILMr. James Kershasky, ILDiane E. Kessler, CAMr. and Mrs. Ian Kester, NVKeville Enterprises, Inc., MAKiewit Corporation, NEJ. L. Kihm, FLCarlton and Margaret King, CAMr. and Mrs. Wayne Kingery, NEGarry and Deborah Kirker, TXMr. Richard Kirsch, NYMr. Michael D. Kitto, TXMs. Julie Kloess, TXMs. Laurel Kluck, PA

Knights of Columbus, NEKnights of Columbus Gentilly

Council, LAMr. Dale J. Koder, OHKeith and Rosemary Kogler, TXLinda and Richard Kohnen, TXCapts. A.C. and C.B. Konczey,

USN Ret., SDClarence E. Kondon, MIMr. and Mrs. Mike Koski, FLMr. and Mrs. Stephen Kowalski, AEMr. John Kozimor, OHKraft Employee Involvment, NJJeremy and Jill Kreikemeier, NESharon A. Kupetz, MIMr. Michael Kuras, MIMr. and Mrs. Randall D. Kurtz, TXKyle Busch Foundation, NC

Judy Laakso, CAMichael and Maryanne Ladensack, MILadera Ranch

Business Women’s Network, CAMs. Jane Laird, DEVicki Land, OKMr. and Mrs. Donald Landholt, TXMr. Paul W. Lane, Jr., PADr. Robert W. Langevin, MDMr. John W. Langley, TNMr. Guy Langsdale, FLMrs. Agnes Larkin, NDMrs. Gerald Larkin, NDLas Vegas Wranglers, NVMr. Allen S. Laue, MNLaValley Foundation, OHMr. and Mrs. Jay LaVia, FLMr. Robert E. Law, COMrs. Otto E. Lay, ILDr. and Mrs. William M. Layson, VADrahomir Lazar, CABryan Lazarski, MIThomas Lederle, MAMr. Sieu Yuan Lee, MDMrs. Brenda Leidig, MNMrs. Joan K. Leisen, MNRichard Lenon, ILMr. and Mrs. Fred Leonard, TXMs. Albina Levine, NYMs. Barbara LeVinge, ALMr. Michael Liddy, KSMs. Robyn Liese, VALifeTime Fitness, NEMiss Patsy Lindley, ILJonnie Sue Linn, WAJohn J. Lipinski, SCLLEE Foundation, TXMr. and Mrs. John R. Lodwick, AZPhilip and Diane LoGrasso, FLHaskell Looney, OKPaul J. Lopez, ILLouis L. Borick Foundation, CADr. and Mrs. Luiz Lourenco, FLMr. Dennis E. Love, NCMr. and Mrs. Andrew A. Lozyniak, CTMs. Rachaelle Lubinski, INLou Lucia, CAMr. and Mrs. Lawrence O. Lulay, ILKathleen Lynch, ILDrs. Michael and Mary Lee Lynch, MDMrs. Pamela Lynch, NYMrs. Julia Lynch, NYMr. John Lynch, TXMarian Lyons, CAMr. Joseph John MacAvoy, VAMr. Jack L. Macdowell, Sr., TXDonna L. Mack, MTMs. Suzanne Mados, NYJan Madsen, NEMr. and Mrs. John W. Maffet, TXMagnolia Plumbing, Inc., DCCecilia K. Maier, WIMainline Information Systems, FLEdward and Rose Malinowski, MIDouglas and Cheryl Malmberg, FL

Ms. Joyce A. Malvin, MNMr. and Mrs. Daniel Manausa, FLMiss Rose Marie Manix, ILMr. Roger Marks, CAMayor and Mrs. John Marks, FLMr. David Marosz, INDr. and Mrs. H. Blair Marsteller, VACalvin J. Martell, NMMr. and Mrs. Steve Martin, TXMr. Jonathan D. Martin, INMr. and Mrs. Greg Martin, FLArthur and Cassandra Martin, NHMary E. Dooner Foundation, FLMr. Ralph P. Masek, ILJill and Ken Massey, NJMs. Jacqueline F. Masud, NYLucille Murray Mates, CAMr. Thomas Matevia, FLMr. Kevin Matheis, INJack and Ann Matlock, CAMattel Children’s Foundation, NJMattox Property Services, Inc., CAMr. Robert Mayer, FLDr. Wallace D. Mays, GAMays Family Foundation, TXEdna J. McAdoo, IDMr. and Mrs. David McAleer, CTElizabeth McAndrews, PAJames W. and L. A. McClean, CARichard and Debbie McClish, NEMark J. McCloskey, NJGeorge and Madeline McCloskey, CTMr. and Mrs. Raymond McClure, FLKaren McCormick, CTMr. Tom McDonald, MNMildred J. McElravy, VTMr. Lucian G. McElroy, AZGeorge R. McEvoy, CARobert L. McEvoy, IAThomas and Emilie McGerty, AZMr. Michael W. McGraw, ORPhyllis McGuire, NVDonald W. McIntosh Associates, Inc., FLMs. Brenda L. McIntyre, MNMrs. Lillian H. McKibben, FLMr. Tom McKissick, CAMr. Scotty McLaughlin, ILMcLaughlin & Moran, Inc., RIMs. Dorothy McMahon, NYDr. Gary McManama, FLMrs. Lola McNally, CAMr. and Mrs. James McNease, MDMr. Robert M. Meddles, COMedicine Man, NETony and Rachel Medina, CAMary C. Mehring, OHJ. R. Meiner, KYJohn Melingagio, NEDavid and Patricia Menne, CAMen’s Wearhouse, CAMr. Matthew V. Merola, NYMerrifield Garden Center, VAAndrew C. Messer, WAFrank and Marlene Messin, MNMr. Juan Mesta, CAMetropolitan West

Asset Management, LLC, CAMr. and Mrs. Francis D. Meyer, VACal and Kathy Meyer, NEMs. Sylvia C. Meyer, MOMr. and Mrs. Matthew Michaels, TXMid-Atlantic Sports Network , MDMidhattan Woodworking Corporation, NJMidtown Electric Supply Corporation, NYMr. and Mrs. Michael R. Mihalich, MIJoyce Mikulak, FLCheryl A. Milholin, PAMilhouse Engineering Construction, ILMrs. Mary A. Millar, ILJulian H. Miller, Jr., GADr. and Mrs. Bill J. Miller, NYRobert H. Miller, TXRichard and Sharon Mills, MODean and Pat Mincks, IADr. and Mrs. Anthony N. Mishik, NJDavid J. Mitchell, M.D., LAHolbrook Mitchell, CA

High school

graduation rates are

the single best

predictor

of success

in adulthood.

Boys Town

programs

result in high

school graduation

rates that are

at or above

national

rates for all

kids, despite

serving youth

with documented

behavior problems

and mental health

diagnoses.

24 | 2 0 0 9 A n n u A l R e p o R t

Agnes L. Mittet, WAModern Plumbing Industries, Inc., FLMs. Mary Mohorovich, CAMondrian Investment Partners, Inc, PAMrs. Peter R. Moody, NCAlwal B. Moore, MOH. Douglas Moore, NCMs. Debra Lynn Moore, LAMr. and Mrs. James E. Moore, IACynthia Morales, NYMr. and Mrs. Paul Moran, RIDouglas and Linda Moret, MOMs. Barbara C. Morey, IDMr. and Mrs. Clark B. Morgan, Jr., HIPhilip J. Morgan, CAThe Morningstar Foundation, VAJainel Morris, VAMr. Gene R. Morrissey, ORMr. J. R. Morrissey, AZFrank C. Morrow, CAMrs. Marilyn J. Moschetti, WAMrs. Caroline M. Moses, AZWilliam and Margie Moss, VAMr. and Mrs. James Mossing, OHMost Precious Blood

Catholic Church, FLMr. and Mrs. Douglas R. Mueller, TXLynn T. Mulherin, ILLarry and Paula Mulligan, MIRaymond and Linda Murawski, PAMr. James Murray, NHLen and Lucy Myers, NC

Mr. Dean J. Nader, OHMr. and Mrs. Greg Nasky, HITimothy J. Nass, NENCAA, INMr. Anthony Neal, VAMs. Diana A. Neal, CAMr. Carl Neff, OHArnold and Lois Nelson, MINetwork for Good, MDMr. Billy Neu, TXMrs. Roger Neuhoff, FLChris and Deb Neumann, NENema N. Newell, MIMaxine Niebling, ORNoral Group International, DCNorth Florida Pediatric Associates, PA, FLNortheast Distributors, Inc. , MANorthern Trust, FLMr. Roger Norton, NYAnnee Nounna, NVNeva Noyes, AZMs. Catherine Null, PAMr. Steve Nulty, NYMr. Kenneth E. Nutter, WVMr. David Oglesby, FLMs. Sharon Oliver, INMr. Michael Onak, NCMr. Timothy J. O’Neil, WAMs. Helene O’Neil, MDBrigid O’Neill, NYDeborah Orduna, NEMr. William F. Orland, WAMrs. Merritt Osborn, OHGary Osler, PAMs. Jane Osler Kyle, NYMary Anne Agnes Ostrowski, INWayne and Carole Overman, TXOviedo Womans Club, FLMr. Calvin H. Owens, NVMrs. John B. Padgett, Jr., NCMr. Neil B. Padron, NYPat Page, GAPaul J. Pagnozzi, NYKedran G. Panageas, NYPanjo’s Pizza and Pasta, Inc., TXMr. and Mrs. John A. Parente, MADr. Tae Kyu Park, NYPark Federal Savings Bank, ILJohn and Connie Parker, NMMr. and Mrs. Robert Parker, FLLarry R. Parks, CA

Ms. Carol S. Parks, MAGeorge and Jenny Patskan, VAPBS & J, FLMr. Kevin L. Peaden, FLCharlotte A. Peck, CADr. Ellinor Peerschke, NYJonathan and Penelope Pejka, ILMr. Matt Pelan, NEMr. Mark Allen Pemberton, TNJune S. Pendino, NJThe Peninsula Beverly Hills, CAMr. Robert Penka, ILMs. Cathy Pepe, CTPerformance Toyota/Scion

of Lincoln, NEMs. Christine M. Perkins, MSRonald W. Pete, WAMr. and Mrs. Robert E. Peterson, CAMs. Joann Peterson, WALouis and Maria Petrelia, NYThe Honorable Peter A. Peyser, NYPfizer Foundation, NJMr. and Mrs. Michael J. Phelan, TXJim and Kathy Phelan, IALarry and Lesley Phillips, TXMrs. Richard Phillips, WIMary Phillips Bradley, TXThe Phillips Family Foundation, FLFrederick A. Picchioni, OHLouis Pier-Giorgi, NYMrs. Raymond G. Piggott, MICol. George I. Pinjuv USAF, Ret., NVPinnacle Bank, NEMs. Grace Piro, NYMs. Mary Pisacano, NYTerry Pisano, CAMr. and Mrs. Stanley B. Pitts, OHPlatinum Maintenance Services

Corporation, NYMs. Nancy Plunkett, MEMr. Joseph M. Podoba, SCMildred D. Pofahl, MNPolara Engineering, Inc., CAMs. Kathleen Ponton, ILMr. James Popma, Jr., MIMs. Dorothy Popovich, MIAnthonita Porta, MOPrairie Offset Printing, Inc., MNMr. and Mrs. Anthony J. Praxmarer, INMr. William Pretsch, FLEdward William Priestap, NYRudy Prieto, NVDennis Prince, NYMrs. Julianne Pringle, OKProdigy Asset Management, LLC, NEMr. Dennis Proulx, FLPrudential Foundation , NJThe Public Education Foundation, NVMr. and Mrs. Giovanni L. Puglisi, CAMr. Gary L. Purnell, ARGregory and Bonnie Puzio, NJElizabeth J. Quinn, MDJames and Kathleen Quinnan, CA

R&K Ranch, WVR. A. Rodriguez, Inc., NYR. C. Bentler & Associates, Inc., CAMrs. Christy A. Rabetoy, TNMr. Ronald A. Radice, MAJohn and Delois Radke, IACharlene Raley, MIMr. and Mrs. Brian Ramos, FLSteve and Judy Rasmussen, NEMrs. Carson Rasmussen, HIRBC Dain Rauscher Foundation, MNRobert S. Reece, ORMr. and Mrs. Bruce D. Reed, COMr. and Mrs. John Reese, CARegions Bank, FLMr. and Mrs. Thomas E. Rehman, NJNorman and Susan Reid, NYMr. John F. Reidy, TXJill Remick, MIMr. Richard Reschke, NY

Thomas N. Resha, Jr., COResidential Elevators, Inc., FLMr. Charles R. Reusing, VARheem, GAKeith Rhodes, CARhythm & Blues

Entertainment, LLC, FLGlenn Ridley, NDFrank Riener, WAMs. Mary M. Rigby, NCMs. Frances H. Riley, ILMr. Lawrence W. Rinaldi, PABob Ritchie, WIDave and Nancy Rivard, CAThe Robert H. and Anita Q.

Lawe Foundation, TXMr. Timothy B. Roberts, CTMs. Theresa G. Roberts, TNRobinson & Cole, RILise Rode, WAMr. and Mrs. Ted Rodrigue, FLJorge and Marlena Rodriguez, FLWilliam Rohleder, TXLyla Rohlmeier, OKDr. Norton Roitman, NVMr. Edward Rolwing, CARonatec C2C, Inc., CAMr. and Mrs. Hammond Rood, LAValerie Rosenberg, MDJudy Lee Ross, MDRotary Club of Altamonte Springs, FLWalter Roth, CORoth Trucking, KYMr. Louis J. Roussel, III, LARPM Steel, Inc., WAMr. and Mrs. Allan Rumpf, WAMs. Marie C. Runda, OHMr. H. E. Rupp, OHMr. and Mrs. Ed Rush, MOMs. Diane V. Russo, NYMr. Daniel Rusthoi, NMMs. Nancy Ryan, NJThe Ryan Foundation, NEMrs. Frank R. Ryser, ILMr. P. Sacchetti, NYSacino’s Formalwear, FLFr. J. A. Sack, Jr., KYSaks Fifth Avenue, NVMs. Rebecca T. Samples, TXHerbert and Mary Sampson, NESam’s Club # 8227, TXSam’s Club #6262, TXSam’s Club #6416, TXSam’s Club #8264, TXSamuel Weinstein

Family Foundation, ILSandra White Trust, NVSally Santeford, MIMrs. Patricia D. Schauble, PAJohn and Gloria Scheffler, FLMs. Kirsten L. Scheidemann, NYDr. and Mrs. E.J. Schewe, MOMartha Schildwachter, CADr. Dave Schleinkofer, INLynn Schlindwein, IAMr. and Mrs. Allan Schmitt, IAMark and Sandi Schmitt, WIRichard Schmitt, KSMr. William F. Schmitz, OHMr. Adrian L. Scholtes, INAmy R. Schomer, NEJohn Schott, MIMrs. Joan Schraml, OHMs. Susan H. Schreiber, NJMr. John T. Schreiber, CAMrs. Winnie Schulman, NVDelores Schwan, SDMr. Larry R. Schwartz, INJill Scirocco, CAMr. and Mrs. Charles Scott, CAMr. and Mrs. Mark Scott, FLSCP Distributors, FLSammy and Jo Ann Scrivano, TXSee’s Candies Omaha, NEMr. Charles Selke, DESempra Energy Foundation, CAMr. and Mrs. Louis R. Seo, Jr., FL

Service Title Company, TXMark Shanker, OKGreg and Carol Sheeley, KYMrs. Marie Sheffield, IAMs. Lynn Shields, LAPJ Shovlain, FLTom Shramek, NEMr. and Mrs. Steve Sickler, CAMr. Joseph M. Siemann, ILSierra Sciences, LLC, NVLeonard and Judith Signeski, AZSilver Ventures, TXLee A. Silvestre, RIMs. Fran Simmonds, GAMs. Marie Simmons, MDMs. Carolyn A. Simpson, ORMr. and Mrs. Gregory B. Simunich, ILSingle Ply Systems, MNMr. and Mrs. Martin Sipple, FLLew and Delores Sirian, NEMr. Gregory Sisson, TXMr. and Mrs. Clifford Skank, FLDr. Gregory J. Skarulis, FLDiane Skeet, COMr. and Mrs. Everett L. Skillman, CAMr. George Skrivan, INMichael and Corinne Slade, FLMr. Harold J. Sleicher, MISletten Construction, NVMr. Robert F. Smith, NHMr. and Mrs. Ferdinand J. Smith, III, NYMr. David Smith, PAMr. Frank Smith, ILMr. David G. Smith, IADr. and Mrs. David Smith, FLSmith Bryan & Myers, Inc., FLTheodore A. Sniffen, HIMr. and Mrs. John B. Snyder, MDEleanor Snyder, NHMrs. Anita Snydersmith, COMs. Ann Socolovitch, OHSolow Family Foundation, NJMs. Cari Sommer, NESonitrol, FLDaniel and Kathleen Sonnek, MNSoros Charitable Foundation, NJSouthern & Caribbean

Agencies, Inc., FLSouthern Waste Systems, FLSouthwest Airlines, TXPatrice Sowers, NVMr. and Mrs. Richard Spaen, MNDr. Douglas Spellman, NEMrs. Linda L. Spolar, WAMr. Jack B. St. Clair, TXSt. Philip the Apostle

Catholic Church, TXMr. Taylor Stamps, TNLarry and Jean Stark, NYWendell and Lydia Starke, GAMr. and Mrs. Frank Starkey, CAEvelyn C. Steen, WAShawn and Connie Steinhoff, WIMr. Stephen Steinkraus, ILMr. Michael Stellmacher, MNMrs. Maria Stellmack, FLMary L. Stengel, FLDavid W. Stenjem, AZMr. Stephen Peter Stevenson, ORMr. Donald Stewart, TXMaureen H. Stimmel, NJMrs. Bette Stocker, ILMr. Robert E. Stokey, NYMr. Rex D. Stone, RIMr. and Mrs. Robert J. Strathman, KSStreck Labs, NEMr. Robert Strickland, ALMr. and Mrs. Gene Strickland, FLRobert and Lynne Strickland, GAMr. Mervin Stringer, LAMr. Stephen D. Suetterlein, VAMr. Gregory J. Suiter, NEPublix Supermarkets, FLMrs. Sieglinde Summer, CAMr. K. R. Sundaresan, CAAlan and Mary Sutcliffe, FLDr. Dawn M. Sweeney, NY

2 0 0 9 A n n u A l R e p o R t | 25

Mrs. Nancy S. Sweetland, CALee A. Sykes, NYSyn Tech Systems, FL

Talcor Commercial Real Estate, FLTallahassee Ford Lincoln Mercury, FLMr. Emmett Tangeman, NEMrs. Sara M. Taone, ILBob and Laura Tatten, NEConstance C. Taylor, TXMr. and Mrs. Steven Taylor, NVMr. and Mrs. Nicholas Teleck, NJMr. and Mrs. Alan J. Tennessen, MNFred J. Terry, ORTerri Smith Photography, FLMr. and Mrs. Phil Thielen, NEThink Creative, FLMrs. Jeanne V. Thomas, CAMr. and Mrs. William L. Thomas, FLMr. John Thomas, FLThe Thomas E. Hall Foundation, CAMaria C. Thomeer, TXChristopher Thurin, CATickets for Kids, PAGladys Timbrook, MDTime Warner, TXThe TJX Companies, MAMr. H. Dean Tobin, COTomasini Family Foundation, WIMs. Karen Tomilo, MIMr. Raymond E. Toms, VAToshiba Business Solutions

California, CAMs. Pamela Towers, NVMr. Vincent Tragesser, INDr. and Mrs. Carl F. Tranisi, AZTravelers Insurance, ILTri Ag Supply, Inc., ILPhilip E. Trickett, TXMs. JoAnna Troppy, TXRichard Troth, CATrow Engineering, FLMr. Michael Troy, NJMrs. Susan Truax, AZMr. and Mrs. Robert Turnbull, CAMrs. D. L. Tustison, ARDavid M. Twomey, ILUBS , NJUCF A-Team Cornerstone , FLUCF Awesome Team Cornerstone , FLUCF Fantastic 5 Cornerstone, FLUFC- Ultimate Fighting Championship, NVUlta Beauty, NEUngaretti & Harris, LLP, ILUnion Pacific Corporation, NJUnited Way, TXUnited Way of Central New Mexico, NMUnited Way of Orange County, CAMrs. Greta J. Vallerga, CA

Mrs. Cesare Valletti, NYMs. Shirley A. Vallort, ILVanyo, Inc., MNVarde Partners, Inc, MNMr. and Mrs. Glenn Vavra, AZMike and Judy Vcelik, NELynn G. Vedovato, CTThe Venetian, NVVeolia Transportation, ILMr. and Mrs. Edward R. Verrochi, MAVFW Adam Walker Post 4259, GAMs. Maureen Vice, TXJoe Vierra, HITom and Cindi Vigne, CAMs. Norka Villacorta, NYGeorge Villanyi, CAVino 100 Las Vegas, NVRichard and Mary Vogel, IAMr. Edward J. Voldrich, OHMr. Michael L. Volstromer, MIKaren Von Amelunxen, NYJohn F. Vonderhaar, CAVoorhees Family Foundation, IAThe Vos Family Foundation, MNRobert Vukojevich, CAMr. and Mrs. Steve K. Wagner, SD

Thomas C. Waite, NVLeroy C. Walker, ORMrs. Willard J. Walker, ARWal-Mart Neighborhood Market #5132, FLWal-Mart , RIEd Walsh, PAMr. Gary K. Walton, TXLisa Warpinski, ILRobert and Pamela Warren, OHStephan and Analee Wartinger, CAMr. Donald Wassum, NCLeslie Watanabe, HIWatercolor Inn and Resort, FLDr. and Mrs. Glenn Watson, TNDr. and Mrs. James Watt, FLMr. Norman Watts, VAHerb and Alice Webb, CAMr. and Mrs. Dave Webber, NCMrs. Stacey Wedding, NVMr. William G. Welch, INDeborah Welchel, TXMr. and Mrs. Casey Weldon, FLMr. Daniel J. Wellehan, MEFr. Bruce Wellems, C.M.F., ILMs. Mona E. Welter, WYWenwach Foundation, CTKimberly Werner, NEMr. and Mrs. Bernard Westner, TNMrs. Helena Whalen, NYMrs. Helen White, NCMr. and Mrs. J. R. Whiteley, Jr., TXGeorge P. Whitman, GA

Mrs. Blanca E. Wilches, VAMr. Bernard W. Wille, CAWilliam and Marian Ghidotti

Foundation, CAJerry and Jaslyn Williams, NVBill Williams, AREmily Williams, GARobbie Williams, WAMs. Betty L. Williams, TXWilliams Family Foundation, Inc., ILMr. Robert A. Wilson, MIMr. and Mrs. Richard C. Wilson, TXMr. George Wilson, OKMr. and Mrs. Ron Wilwerding, NEJack and Karen Witter, CAJames and Catherine Wolaver, TXDr. Benjamin Wolfson, NJMrs. D. Opal Wood, ILDavid Wood, NEMs. Lucille Woodring, CAMs. Elizabeth Woods, CARalph Wright, ILPaul L. Wykowski, IAMs. Helen M. Yamada, NYStacy Young, NEDaryl and Ruth Youngman, OKDolores Yunker, COMrs. Aneda Zablocki, TXZachry Holdings, Inc., TXMr. and Mrs. Milton Zaiontz, TXMr. and Mrs. Michael Zaslawsky, CARandy M. Zechman, CAMr. and Mrs. Ernest Zeller, IN

Your Donations At WorkBoys Town earned a coveted 4-star rating from Charity Navigator, America’s premier charity evaluator, for its ability to efficiently manage and grow its finances. The Better Business Bureau Wise Giving Alliance also named Boys Town a 2009 BBB Wise Giving Alliance Accredited Charity for meeting all of the Alliance’s Standards for Charity Accountability, which exceed what government regulators require.

Our in-depth,

ongoing

research

uniquely positions

Boys Town to

understand

the nature

of problems

children and

families face

today and to

identify the most

effective methods

to help them.

26 | 2 0 0 9 A n n u A l R e p o R t

Flanagan’s Hope for Endowment Fulfilled

In 1930, in the heart of the Great Depression, Father Flanagan wrote that he hoped Boys Town could set up “an endowment fund, the interest of which will pay for the upkeep of our home, so that it will be unnecessary for us to spend a good portion of our time in the appeal and collection of funds.”

Boys Town established the Father Flanagan’s Fund for Needy Children (Fund for Needy Children) in 1941 to provide investment income to support current programs and investment growth to sustain these programs in future years.

Helping Children Today and Into the FutureThe Fund for Needy Children is oper-ated as a de facto restricted fund for the purpose of helping children today and into the future. All current unrestricted donations – direct mail, wills and bequests – are spent on the direct care of children.

None of these donations are put in the Fund for Needy Children unless directed so by the donor. Today, as Boys Town continues to balance the competing needs of current and future generations, the Fund for Needy Children is as impor-tant as the day it was established.

Based on expected investment returns and inflation factors, the Fund for

Needy Children should spend, on aver-age, between 4 and 5 percent of its market value in order to maintain its purchasing power.

Reasonable Risk-Taking to Help More ChildrenFather Flanagan and his successors trusted God’s goodness and took reasonable risks in order to help more and more children.

Boys Town is what it is today because of this trust and risk-taking. Therefore, the Board of Trustees adopted a higher an-nual spending guideline for the Fund for Needy Children than noted earlier.

Sound Investments, Solid ManagementDuring 2009, the Father Flanagan’s Fund for Needy Children provided $41,087,000 of support, or 13.53 percent of the funds necessary to operate Boys Town. This was 5.9 percent of the Fund’s January 1, 2009, value.

Sound investments and solid manage-ment of the Fund for Needy Children allowed it to sustain manageable losses at a time when America’s markets were tumbling.

Boys Town always strives to be prudent with the dollars received from outside sources, including donations from the public.

In 2009, 88.80 percent of every dollar re-ceived was spent on the care of children.

Supporting services comprised only 11.20 percent of total expenses, which is significantly lower than the national benchmark of 35 percent the not-for-profit industry utilizes.

Boys Town Dollarevery dollar donated helps a child

programs

88.80 %

fund raising

6.57 %

management and general

4.63 %

2009 financial highlights

Fiscal Strength to Serve America’s Children, Families and CommunitiesFor more than 90 years, Boys Town’s growth and success in saving children and healing families has been possible thanks to generous donations and the foresight and courage of Father Flanagan. Boys Town maintains high standards of fiscal responsibility, working to ensure that its resources will last for generations to come to serve America’s children, families and communities.

2 0 0 9 A n n u A l R e p o R t | 27

Independent Auditors’ Report

The Board of Trustees Father Flanagan’s Boys’ Home

We have audited the accompanying consolidated statement of financial position of Father Flanagan’sBoys’ Home d/b/a Boys Town (Boys Town) as of December 31, 2009, and the related consolidated statements of activities, cash flows, and functional expenses for the year then ended. These consolidated financial statements are the responsibility of Boys Town’s management. Our responsibility is to express an opinion on these consolidated financial statements based on our audit.

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 thecircumstances, but not for the purpose of expressing an opinion on the effectiveness of Boys Town’sinternal 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 consolidated financial statements referred to above present fairly, in all material respects, the financial position of Father Flanagan’s Boys’ Home d/b/a Boys Town as of December 31, 2009, and the changes in its net assets and its cash flows for the year then ended, in conformity with U.S. generally accepted accounting principles.

As discussed in note 2(f) to the financial statements, Boys Town adopted the provisions of Accounting Standards Update 2009-12, Investments in Certain Entities that Calculate Net Asset Value per Share (or itsEquivalent), regarding certain investments in funds that do not have readily determinable fair values.

Omaha, NebraskaMay 19, 2010

KPMG LLP Suite 1501 Two Central Park Plaza Omaha, NE 68102

Suite 1600 233 South 13th Street Lincoln, NE 68508-2041

KPMG LLP, a U.S. limited liability partnership, is the U.S. member firm of KPMG International, a Swiss cooperative.

28 | 2 0 0 9 A n n u A l R e p o R t

Boys Town

Consolidated Statement of Financial PositionDECEMBER 31, 2009(Dollar Amounts in Thousands)

2

BOYS TOWN

Consolidated Statement of Financial Position

December 31, 2009

(Dollar amounts in thousands)

FatherBoys Town Flanagan’s

and Fund for Boys Townprogram-related Needy consolidated

Assets affiliates Children Eliminations total

Cash and cash equivalents $ 6,751 — — 6,751Investment income receivable 68 538 — 606Accounts receivable 22,835 — (63) 22,772Inventories 1,635 — — 1,635Notes receivable 156 — — 156Prepaid expenses 2,798 — — 2,798Other assets 1,501 — — 1,501Pledges receivable 226 — — 226Pension asset 37,679 — — 37,679Investments 98,499 781,839 — 880,338Beneficial interest in trust assets 64,376 — — 64,376Interest in Father Flanagan’s

Fund for Needy Children 782,125 — (782,125) —Cash restricted for purchase of

long-term assets 137 — — 137Land, buildings, and equipment, net 120,840 — — 120,840

Total assets $ 1,139,626 782,377 (782,188) 1,139,815

Liabilities and Net Assets

Liabilities:Accounts payable $ 11,348 — — 11,348Accrued liabilities 32,033 252 (63) 32,222Deferred revenue 761 — — 761Notes payable 4,657 — — 4,657Bonds payable 47,566 — — 47,566Pension and postretirement

benefits liability 46,783 — — 46,783

Total liabilities 143,148 252 (63) 143,337

Net assets:Unrestricted 907,316 782,125 (782,125) 907,316Temporarily restricted 26,545 — — 26,545Permanently restricted 62,617 — — 62,617

Total net assets 996,478 782,125 (782,125) 996,478

Total liabilities andnet assets $ 1,139,626 782,377 (782,188) 1,139,815

See accompanying notes to consolidated financial statements.

2 0 0 9 A n n u A l R e p o R t | 292

BOYS TOWN

Consolidated Statement of Financial Position

December 31, 2009

(Dollar amounts in thousands)

FatherBoys Town Flanagan’s

and Fund for Boys Townprogram-related Needy consolidated

Assets affiliates Children Eliminations total

Cash and cash equivalents $ 6,751 — — 6,751Investment income receivable 68 538 — 606Accounts receivable 22,835 — (63) 22,772Inventories 1,635 — — 1,635Notes receivable 156 — — 156Prepaid expenses 2,798 — — 2,798Other assets 1,501 — — 1,501Pledges receivable 226 — — 226Pension asset 37,679 — — 37,679Investments 98,499 781,839 — 880,338Beneficial interest in trust assets 64,376 — — 64,376Interest in Father Flanagan’s

Fund for Needy Children 782,125 — (782,125) —Cash restricted for purchase of

long-term assets 137 — — 137Land, buildings, and equipment, net 120,840 — — 120,840

Total assets $ 1,139,626 782,377 (782,188) 1,139,815

Liabilities and Net Assets

Liabilities:Accounts payable $ 11,348 — — 11,348Accrued liabilities 32,033 252 (63) 32,222Deferred revenue 761 — — 761Notes payable 4,657 — — 4,657Bonds payable 47,566 — — 47,566Pension and postretirement

benefits liability 46,783 — — 46,783

Total liabilities 143,148 252 (63) 143,337

Net assets:Unrestricted 907,316 782,125 (782,125) 907,316Temporarily restricted 26,545 — — 26,545Permanently restricted 62,617 — — 62,617

Total net assets 996,478 782,125 (782,125) 996,478

Total liabilities andnet assets $ 1,139,626 782,377 (782,188) 1,139,815

See accompanying notes to consolidated financial statements.

30 | 2 0 0 9 A n n u A l R e p o R t

Boys Town

Consolidated Statement of ActivitiesYEAR ENDED DECEMBER 31, 2009(Dollar Amounts in Thousands)

3

BOYS TOWN

Consolidated Statement of Activities

Year ended December 31, 2009

(Dollar amounts in thousands)

FatherFlanagan’sFund for

Boys Town and program-related affiliates Needy Boys TownTemporarily Permanently Children consolidated

Unrestricted restricted restricted Total Unrestricted Eliminations total

Revenues, gains, and other support:Contributions $ 101,813 2,877 3,648 108,338 — — 108,338Legacies and bequests 11,312 — 774 12,086 — — 12,086Program service revenues 133,441 — — 133,441 — — 133,441Other revenues 1,790 — — 1,790 398 — 2,188Investment income 4,213 800 — 5,013 19,374 — 24,387Realized and unrealized gains on investments 5,271 2,345 — 7,616 102,980 — 110,596Gain on beneficial interest in trust assets — 491 7,067 7,558 — — 7,558Net assets released from restrictions 1,043 (1,041) (2) — — — —

Total revenues, gains, and other support 258,883 5,472 11,487 275,842 122,752 — 398,594

Expenses:Program services 270,259 — — 270,259 — — 270,259Supporting services 33,318 — — 33,318 770 — 34,088

Total expenses 303,577 — — 303,577 770 — 304,347

Revenues, gains, and other supportover (under) expenses (44,694) 5,472 11,487 (27,735) 121,982 — 94,247

Change in net assets of Father Flanagan’s Fund forNeedy Children 80,895 — — 80,895 — (80,895) —

Support from Father Flanagan’s Fund for Needy Children 41,087 — — 41,087 (41,087) — —Pension-related changes other than net periodic pension cost (1,016) — — (1,016) — — (1,016)

Increase in net assets 76,272 5,472 11,487 93,231 80,895 (80,895) 93,231

Net assets, beginning of year 831,044 21,073 51,130 903,247 701,230 (701,230) 903,247Net assets, end of year $ 907,316 26,545 62,617 996,478 782,125 (782,125) 996,478

See accompanying notes to consolidated financial statements.

2 0 0 9 A n n u A l R e p o R t | 31

3

BOYS TOWN

Consolidated Statement of Activities

Year ended December 31, 2009

(Dollar amounts in thousands)

FatherFlanagan’sFund for

Boys Town and program-related affiliates Needy Boys TownTemporarily Permanently Children consolidated

Unrestricted restricted restricted Total Unrestricted Eliminations total

Revenues, gains, and other support:Contributions $ 101,813 2,877 3,648 108,338 — — 108,338Legacies and bequests 11,312 — 774 12,086 — — 12,086Program service revenues 133,441 — — 133,441 — — 133,441Other revenues 1,790 — — 1,790 398 — 2,188Investment income 4,213 800 — 5,013 19,374 — 24,387Realized and unrealized gains on investments 5,271 2,345 — 7,616 102,980 — 110,596Gain on beneficial interest in trust assets — 491 7,067 7,558 — — 7,558Net assets released from restrictions 1,043 (1,041) (2) — — — —

Total revenues, gains, and other support 258,883 5,472 11,487 275,842 122,752 — 398,594

Expenses:Program services 270,259 — — 270,259 — — 270,259Supporting services 33,318 — — 33,318 770 — 34,088

Total expenses 303,577 — — 303,577 770 — 304,347

Revenues, gains, and other supportover (under) expenses (44,694) 5,472 11,487 (27,735) 121,982 — 94,247

Change in net assets of Father Flanagan’s Fund forNeedy Children 80,895 — — 80,895 — (80,895) —

Support from Father Flanagan’s Fund for Needy Children 41,087 — — 41,087 (41,087) — —Pension-related changes other than net periodic pension cost (1,016) — — (1,016) — — (1,016)

Increase in net assets 76,272 5,472 11,487 93,231 80,895 (80,895) 93,231

Net assets, beginning of year 831,044 21,073 51,130 903,247 701,230 (701,230) 903,247Net assets, end of year $ 907,316 26,545 62,617 996,478 782,125 (782,125) 996,478

See accompanying notes to consolidated financial statements.

32 | 2 0 0 9 A n n u A l R e p o R t

Boys Town

Consolidated Statement of Functional ExpensesYEAR ENDED DECEMBER 31, 2009(Dollar Amounts in Thousands)

5

BOYS TOWN

Consolidated Statement of Functional Expenses

Year ended December 31, 2009

(Dollar amounts in thousands)

Program services Supporting servicesBoys Town

Boys Town NationalNebraska Home Campus Programs National Hotline and Management

Iowa Educational across Research Public and TotalServices Program America Hospital Services Total general Fundraising Total expenses

Salaries $ 21,959 5,732 32,280 36,577 1,934 98,482 7,220 3,176 10,396 108,878Employee benefits 4,295 1,045 6,604 7,275 303 19,522 1,530 683 2,213 21,735Payroll taxes 1,849 465 3,262 3,812 140 9,528 556 268 824 10,352

Total salaries and related expenses 28,103 7,242 42,146 47,664 2,377 127,532 9,306 4,127 13,433 140,965

Specific assistance to youth 2,768 17 1,962 171 — 4,918 — — — 4,918Occupancy 1,416 768 2,980 2,628 70 7,862 179 104 283 8,145Contract services 6,145 2,861 1,696 12,653 302 23,657 633 830 1,463 25,120Supplies 1,364 498 929 7,617 219 10,627 201 372 573 11,200Printing and publications 186 13 524 328 1,045 2,096 657 7,614 8,271 10,367Postage 211 3 326 149 522 1,211 472 4,475 4,947 6,158Equipment – rental and maintenance 235 83 490 1,262 30 2,100 289 236 525 2,625Professional fees 498 88 573 2,426 67,910 71,495 1,776 580 2,356 73,851Travel 542 17 1,440 426 19 2,444 69 103 172 2,616Telephone 266 31 625 473 54 1,449 64 29 93 1,542Interest 1,234 49 194 760 2 2,239 12 862 874 3,113Other 747 68 877 2,192 78 3,962 177 413 590 4,552

Total expenses before depreciation 43,715 11,738 54,762 78,749 72,628 261,592 13,835 19,745 33,580 295,172

Depreciation of buildings and equipment 1,532 896 2,161 3,969 109 8,667 264 244 508 9,175Total expenses $ 45,247 12,634 56,923 82,718 72,737 270,259 14,099 19,989 34,088 304,347

See accompanying notes to consolidated financial statements.

2 0 0 9 A n n u A l R e p o R t | 33

5

BOYS TOWN

Consolidated Statement of Functional Expenses

Year ended December 31, 2009

(Dollar amounts in thousands)

Program services Supporting servicesBoys Town

Boys Town NationalNebraska Home Campus Programs National Hotline and Management

Iowa Educational across Research Public and TotalServices Program America Hospital Services Total general Fundraising Total expenses

Salaries $ 21,959 5,732 32,280 36,577 1,934 98,482 7,220 3,176 10,396 108,878Employee benefits 4,295 1,045 6,604 7,275 303 19,522 1,530 683 2,213 21,735Payroll taxes 1,849 465 3,262 3,812 140 9,528 556 268 824 10,352

Total salaries and related expenses 28,103 7,242 42,146 47,664 2,377 127,532 9,306 4,127 13,433 140,965

Specific assistance to youth 2,768 17 1,962 171 — 4,918 — — — 4,918Occupancy 1,416 768 2,980 2,628 70 7,862 179 104 283 8,145Contract services 6,145 2,861 1,696 12,653 302 23,657 633 830 1,463 25,120Supplies 1,364 498 929 7,617 219 10,627 201 372 573 11,200Printing and publications 186 13 524 328 1,045 2,096 657 7,614 8,271 10,367Postage 211 3 326 149 522 1,211 472 4,475 4,947 6,158Equipment – rental and maintenance 235 83 490 1,262 30 2,100 289 236 525 2,625Professional fees 498 88 573 2,426 67,910 71,495 1,776 580 2,356 73,851Travel 542 17 1,440 426 19 2,444 69 103 172 2,616Telephone 266 31 625 473 54 1,449 64 29 93 1,542Interest 1,234 49 194 760 2 2,239 12 862 874 3,113Other 747 68 877 2,192 78 3,962 177 413 590 4,552

Total expenses before depreciation 43,715 11,738 54,762 78,749 72,628 261,592 13,835 19,745 33,580 295,172

Depreciation of buildings and equipment 1,532 896 2,161 3,969 109 8,667 264 244 508 9,175Total expenses $ 45,247 12,634 56,923 82,718 72,737 270,259 14,099 19,989 34,088 304,347

See accompanying notes to consolidated financial statements.

34 | 2 0 0 9 A n n u A l R e p o R t

4

BOYS TOWN

Consolidated Statement of Cash Flows

Year ended December 31, 2009

(Dollar amounts in thousands)

Cash flows from operating activities:Increase in net assets $ 93,231Adjustments to reconcile increase in net assets to net cash flows used in operating activities:

Pension-related charges other than net periodic pension costs 1,016Retiree pension expense 118Postretirement benefits expense 1,837Realized and unrealized gains on investments (110,596) Gain on beneficial interest in trust assets (7,558) Gain on sale of building and equipment (138) Depreciation 9,175Amortization of discounted liabilities (44) Termination of annuity agreements (38) In-kind contributions (87) Contributions restricted for long-term investments (54) Net changes in assets and liabilities:

Decrease in investment income receivable 888Decrease in accounts receivable 1,076Increase in inventories (653) Decrease in notes receivable 18Increase in prepaid expenses (1,049) Increase in other assets (154) Decrease in pledges receivable 526Increase in beneficial interest in trust assets (5,527) Increase in accounts payable 2,246Increase in accrued liabilities 300Increase in deferred revenue 760Decrease in pension and postretirement benefit obligation (1,532)

Net cash flows used in operating activities (16,239)

Cash flows from investing activities:Purchases of buildings and equipment (12,663) Purchases of assets restricted to investment in equipment and purchase of equipment (54) Sale of assets restricted to investment in equipment and purchase of equipment 249Sales of building and equipment 1,541Proceeds from sale of investments 1,186,428Purchases of investments (1,156,947)

Net cash flows provided by investing activities 18,554

Cash flows from financing activities:Proceeds from gift annuities issued 776Contributions restricted for investment in property and equipment 54Payments on bonds payable (300) Payments on notes payable (203) Payments on annuity obligations (671) Payments on capital lease obligations (238)

Net cash flows used in financing activities (582)

Net increase in cash and cash equivalents 1,733

Cash and cash equivalents, beginning of year 5,018Cash and cash equivalents, end of year $ 6,751

Supplemental disclosure of cash flow information:Cash paid during the year for:

Interest $ 3,052

See accompanying notes to consolidated financial statements.

Boys Town

Consolidated Statement of Cash FlowsYEAR ENDED DECEMBER 31, 2009(Dollar Amounts in Thousands)

2 0 0 9 A n n u A l R e p o R t | 35

Boys Town

Notes to Consolidated Financial StatementDECEMBER 31, 2009(Dollar Amounts in Thousands)

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

6 (Continued)

(1) Nature of Operations

Father Flanagan’s Boys’ Home and its affiliates, a nonsectarian, not-for-profit organization governed by a volunteer board of trustees, operates as Boys Town. Boys Town’s mission is to change the way America cares for children, families, and communities by providing and promoting an Integrated Continuum of Care that instills Boys Town values to heal body, mind, and spirit. Boys Town accomplishes this by providing housing, care, treatment, support, and/or educational services for youth who are at-risk, wayward, troubled, or disadvantaged, or have otherwise demonstrated communication and learning disabilities, and to equip and prepare them to lead useful lives. Boys Town’s revenues are derived from contributions, contracts, program service fees, and support from Father Flanagan’s Fund for Needy Children.

A description of the major program services follows:

Nebraska/Iowa Services consists of Specialized Treatment and Group Home Services, Treatment Family Services, Intervention and Assessment Services, In-home Family Services, Foster Family Services, and Child and Community Support Services including Common Sense Parenting®.

There are 70 family style, treatment family homes on the Home Campus, which is in the incorporated Village of Boys Town, Nebraska (the Village). These homes have a total capacity of 512 youth. Six to eight troubled boys or girls from throughout the United States of America, with ages generally ranging from 8 to 18, live in a home with a specially trained professional married couple called Family Teachers. The couple provides treatment planning, skill development, spiritual guidance, a family style environment, and love and care, with the help of an Assistant Family Teacher. Each home is monitored, evaluated, and advised by a Clinical Director and other support personnel. The homes are certified by the Joint Commission and Council on Accreditation. Homes are not mixed by gender but are mixed by age, ethnic, and religious backgrounds. The campus program is also served by two Intervention and Assessment Homes, which provide crisis intervention for youth. In the behavioral health services category, 6 of the 70 homes are Specialized Treatment Foster Care Homes – four for boys and two for girls. Each Specialized Treatment Foster Care Home, which is a family style program, has four youth with a trained married couple and an assistant.

To complete Boys Town’s Integrated Continuum of Care, the Boys Town National Research Hospital provides services for youth with behavioral health concerns and who could not yet live successfully in Boys Town’s family style homes with six to eight other youth. These services include four Specialized Treatment Group Homes located in the Village and an Intensive Residential Treatment Center located at the Boys Town National Research Hospital. Including these services, the total capacity of the Village is 554 youth and a total of 601 in the metropolitan area.

The Home Campus also operates a Center for Behavioral Health, which serves approximately 1,500 youth and families with behavioral problems on an outpatient basis and is a training center for doctoral level psychologists.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

7 (Continued)

The Nebraska Families Collaborative (NFC) is a partnership between Boys Town, Child Savings Institute, Heartland Family Service, Nebraska Family Support Network, and OMNI Behavioral Health. The NFC receives cases from the Nebraska Department of Health and Human Services and is responsible for service coordination and management. They work very closely with the Nebraska Child and Family Service Specialist to develop and coordinate service plans for children and families. The NFC began serving children and families in November 2009.

The Home Campus Educational Program consists of the Boys Town High School and the Wegner Middle School. The Village schools serve youth at Boys Town and provide academic and vocational training skills necessary for contemporary society. All Boys Town’s schools are fully accredited by the State of Nebraska and the North Central Association. These schools include the Boys Town Reading Center, which delivers reading programs to children at both schools. The Reading Center conducts applied research and then designs programs aimed at improving the reading and writing skills of at-risk adolescents. These research-based programs are disseminated to schools locally and around the country. A full range of special education services is provided to all youth who require this type of assistance.

The Boys Town Day School serves youth in kindergarten through twelfth grade who cannot receive education services in a public or alternative school setting due to behavioral problems and academic deficiencies. The Day School meets all requirements of a Level III school under Nebraska Department of Education’s Rule 51. The Day School currently educates students from eight school districts in Nebraska and one school district in Iowa. The Day School has also served parentally placed private youth and court placed youth.

Programs across America directly served over 14,000 youth in over a dozen sites nationwide. Programs offered throughout the nation include Intervention and Assessment Services, Treatment Family Services, Foster Family Services, In-Home Family Services, and Community Support Services including Common Sense Parenting®.

Boys Town invests and emphasizes quality through staff training, evaluation, and outcomes research by having a department committed to the quality of Boys Town’s programs. The Training, Evaluation and Certification Department (TEC) provides technical training, evaluation, and quality control/quality assurance of Boys Town’s nationwide system of services. TEC also provides training and other services for parents, child-care providers, and educators. Services are offered through professional development seminars, comprehensive consulting services, books from the Boys Town Press, and training packages. In 2009, 7,000 parents, teachers, administrators, and professionals were trained allowing Boys Town to impact approximately 129,000 children through this training.

Boys Town National Research Hospital (BTNRH) in Omaha, Nebraska, is recognized internationally as a leader in communication disorder research and as a referral center for children with disorders of the ear, hearing and balance, cleft lip and palate, speech and voice, as well as related disabilities. BTNRH clinical programs served more than 42,000 children and adolescents in 2009 through a total of more than 188,000 patient visits.

36 | 2 0 0 9 A n n u A l R e p o R t

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

7 (Continued)

The Nebraska Families Collaborative (NFC) is a partnership between Boys Town, Child Savings Institute, Heartland Family Service, Nebraska Family Support Network, and OMNI Behavioral Health. The NFC receives cases from the Nebraska Department of Health and Human Services and is responsible for service coordination and management. They work very closely with the Nebraska Child and Family Service Specialist to develop and coordinate service plans for children and families. The NFC began serving children and families in November 2009.

The Home Campus Educational Program consists of the Boys Town High School and the Wegner Middle School. The Village schools serve youth at Boys Town and provide academic and vocational training skills necessary for contemporary society. All Boys Town’s schools are fully accredited by the State of Nebraska and the North Central Association. These schools include the Boys Town Reading Center, which delivers reading programs to children at both schools. The Reading Center conducts applied research and then designs programs aimed at improving the reading and writing skills of at-risk adolescents. These research-based programs are disseminated to schools locally and around the country. A full range of special education services is provided to all youth who require this type of assistance.

The Boys Town Day School serves youth in kindergarten through twelfth grade who cannot receive education services in a public or alternative school setting due to behavioral problems and academic deficiencies. The Day School meets all requirements of a Level III school under Nebraska Department of Education’s Rule 51. The Day School currently educates students from eight school districts in Nebraska and one school district in Iowa. The Day School has also served parentally placed private youth and court placed youth.

Programs across America directly served over 14,000 youth in over a dozen sites nationwide. Programs offered throughout the nation include Intervention and Assessment Services, Treatment Family Services, Foster Family Services, In-Home Family Services, and Community Support Services including Common Sense Parenting®.

Boys Town invests and emphasizes quality through staff training, evaluation, and outcomes research by having a department committed to the quality of Boys Town’s programs. The Training, Evaluation and Certification Department (TEC) provides technical training, evaluation, and quality control/quality assurance of Boys Town’s nationwide system of services. TEC also provides training and other services for parents, child-care providers, and educators. Services are offered through professional development seminars, comprehensive consulting services, books from the Boys Town Press, and training packages. In 2009, 7,000 parents, teachers, administrators, and professionals were trained allowing Boys Town to impact approximately 129,000 children through this training.

Boys Town National Research Hospital (BTNRH) in Omaha, Nebraska, is recognized internationally as a leader in communication disorder research and as a referral center for children with disorders of the ear, hearing and balance, cleft lip and palate, speech and voice, as well as related disabilities. BTNRH clinical programs served more than 42,000 children and adolescents in 2009 through a total of more than 188,000 patient visits.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

8 (Continued)

Boys Town Pediatrics, BTNRH’s group of 28 general pediatricians, provides primary care pediatric medical services at seven clinic locations in the Omaha area. In addition, Boys Town Pediatrics partners with a not-for-profit Omaha health system in providing a pediatric urgent care service and general pediatric inpatient services at Alegent Health Bergan Mercy Medical Center.

BTNRH also provides medically directed behavioral service. These services include four Specialized Treatment Group Home Services located in the Village of Boys Town – two for 13 boys, and two for 13 – 14 girls. These homes are operated on a shift basis and are staff secured. BTNRH also operates an Intensive Residential Treatment Center for 47 boys and girls located on the downtown hospital campus.

The Lied Learning and Technology Center for Childhood Deafness and Vision Disorders, a separate 501(c)(3) corporation, is a research and treatment facility operated and occupied by BTNRH personnel.

Boys Town National Hotline and Public Services meets the information and public service needs of youth parents, teachers, youth care workers, and others who are involved directly or indirectly with helping youth; including homeless, abused, neglected, and handicapped youth.

The Boys Town National Hotline at 1-800-448-3000 helps hundreds of thousands of children and families throughout all 50 states each and every year. The Hotline provides two types of services: the first is a toll-free crisis service for troubled children and families, which received about 128,000 calls in 2009; the second is a noncrisis and resource referral service, which received approximately 65,000 calls in 2009. The Hotline operates 24 hours a day, seven days a week, with trained, skilled, professional operators.

(2) Summary of Significant Accounting Policies

The following is a summary of significant accounting policies used in the preparation of the consolidated financial statements:

(a) Basis of Presentation

The accompanying consolidated financial statements, include the accounts of Father Flanagan’sBoys’ Home, its affiliates (Boys Town California, Inc., Boys Town Central Florida, Inc., Boys Town North Florida, Inc., Boys Town Nevada, Inc., Boys Town New England, Inc., Boys Town Chicago, Inc., Boys Town Texas, Inc., Boys Town Louisiana, Inc., Boys Town New York, Inc., Boys Town Washington, D.C., Inc., and Father Flanagan’s Boys Town, Florida, Inc.), Father Flanagan’s Fund for Needy Children (FFFNC), the Lied Learning and Technology Center for Childhood Deafness and Vision Disorders, a separate 501(c)(3) corporation operating in support of BTNRH, and Nebraska Families Collaborative, a separate nonprofit corporation in which Boys Town has a controlling partnership interest. All intercompany balances and transactions have been eliminated in consolidation.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

9 (Continued)

(b) Basis of Accounting

The accompanying consolidated financial statements have been prepared on the accrual basis of accounting. Resources are reported for accounting purposes into separate classes of net assets based on the existence or absence of donor-imposed restrictions. In the accompanying consolidated financial statements, net assets that have similar characteristics have been combined into similar categories.

The unrestricted net assets account for resources over which the governing board has discretionary control to use in carrying on the operations of Boys Town.

The FFFNC support fund consists of unrestricted net assets, which the Board of Trustees have determined are to be retained for the exclusive purpose of providing financial support to the various Boys Town programs.

The temporarily restricted net assets account for those resources currently available for use, but expendable only for purposes specified by the donor or grantor, or which will become available for use at a later time.

The permanently restricted net assets represent the principal amount of gifts and bequests accepted with the donor stipulation that the principal be maintained intact and that only the income from investment thereof be expended either for general purposes or for purposes specified by the donor. Permanently restricted net assets also represent Boys Town’s interest in perpetual trusts held by other trustees but which benefit Boys Town.

(c) Cash and Cash Equivalents

Cash and cash equivalents include investments with an original maturity of three months or less.

(d) Inventories

Inventories are valued at the lower of cost or market with cost determined principally on the first-in, first-out method.

(e) Interest in Net Assets of Father Flanagan’s Fund for Needy Children

Because of Boys Town’s relationship as FFFNC’s sole member and the overall financial interrelationship of the organization and FFFNC, Boys Town reports its interest in the net assets of Father Flanagan’s Fund for Needy Children in the statement of financial position, with corresponding changes in those net assets reported in the accompanying consolidated statement of activities.

(f) Investments

Investments, including equity and debt securities, are reported at fair value. Investments in securities traded on a national securities exchange are valued at the latest quoted market prices. Investments in closely held stock and real estate are estimated based on independent appraisals and information provided by the respective companies. For debt securities, if quoted market prices are not-available,

2 0 0 9 A n n u A l R e p o R t | 37

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

9 (Continued)

(b) Basis of Accounting

The accompanying consolidated financial statements have been prepared on the accrual basis of accounting. Resources are reported for accounting purposes into separate classes of net assets based on the existence or absence of donor-imposed restrictions. In the accompanying consolidated financial statements, net assets that have similar characteristics have been combined into similar categories.

The unrestricted net assets account for resources over which the governing board has discretionary control to use in carrying on the operations of Boys Town.

The FFFNC support fund consists of unrestricted net assets, which the Board of Trustees have determined are to be retained for the exclusive purpose of providing financial support to the various Boys Town programs.

The temporarily restricted net assets account for those resources currently available for use, but expendable only for purposes specified by the donor or grantor, or which will become available for use at a later time.

The permanently restricted net assets represent the principal amount of gifts and bequests accepted with the donor stipulation that the principal be maintained intact and that only the income from investment thereof be expended either for general purposes or for purposes specified by the donor. Permanently restricted net assets also represent Boys Town’s interest in perpetual trusts held by other trustees but which benefit Boys Town.

(c) Cash and Cash Equivalents

Cash and cash equivalents include investments with an original maturity of three months or less.

(d) Inventories

Inventories are valued at the lower of cost or market with cost determined principally on the first-in, first-out method.

(e) Interest in Net Assets of Father Flanagan’s Fund for Needy Children

Because of Boys Town’s relationship as FFFNC’s sole member and the overall financial interrelationship of the organization and FFFNC, Boys Town reports its interest in the net assets of Father Flanagan’s Fund for Needy Children in the statement of financial position, with corresponding changes in those net assets reported in the accompanying consolidated statement of activities.

(f) Investments

Investments, including equity and debt securities, are reported at fair value. Investments in securities traded on a national securities exchange are valued at the latest quoted market prices. Investments in closely held stock and real estate are estimated based on independent appraisals and information provided by the respective companies. For debt securities, if quoted market prices are not-available,

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

10 (Continued)

the fair values are estimated using pricing models, quoted prices of similar securities with similarcharacteristics, or discounted cash flows. Boys Town adopted the provisions of Accounting Standards Update No. 2009-12, Investments in Certain Entities that Calculate Net Asset Value per Share (or Its Equivalent), regarding certain investments in funds that do not have readily determinable fair values including private investments, hedge funds, real estate, and other funds. These provisions allow for the estimation of the fair value of investments in investment companies for which the investment does not have a readily determinable fair value using net asset value per share or its equivalent.

Donated investments are reported at estimated fair value at the date of receipt. Realized gains and losses on sales of investments are recognized in the consolidated statement of activities as specific investments are sold. Interest is recognized as earned. Dividend income is recognized on the ex-dividend date. All realized and unrealized gains and losses and income arising from investments are recognized in the consolidated statement of activities as increases or decreases to unrestricted net assets unless their use is restricted by donor stipulation or law.

(g) Fair Value Measurements

Boys Town applies the provisions included in ASC Topic 820 for fair value measurements offinancial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the consolidated financial statements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

11 (Continued)

(h) Fair Value of Financial Instruments

The following table presents the carrying amount and estimated fair values of Boys Town’s financial instruments at December 31, 2009:

Carryingamount Fair value

Financial assets:Cash and cash equivalents $ 6,751 6,751Investment income receivable 606 606Accounts receivable 22,772 22,772Notes receivable 156 156Prepaid expenses 2,798 2,798Pledges receivable 226 226Investments 880,338 880,338Cash restricted for purchase of long-term assets 137 137Beneficial interest in trust assets 64,376 64,376

Financial liabilities:Accounts payable $ 11,348 11,348Accrued liabilities 32,222 32,222Deferred revenue 761 761Notes payable 4,657 4,657Bonds payable 47,566 50,260

The following methods and assumptions were used to estimate the fair value of each class of financial instruments:

Cash and cash equivalents, investment income receivable, accounts receivable, prepaid expenses, cash restricted for purchase of long-term assets, accounts payable, accrued liabilities, and deferred revenue: The carrying amounts approximate fair value because of the short maturity of these instruments. The carrying value of notes receivable approximates the fair value as all notes are due or mature within the next six months. Investments are stated at fair value as discussed in note 2(f), note 4, and above. The carrying value of pledges receivable approximates fair value as the majority of these pledges (approximately 97%) mature within the next 13 months, and the discounted cash flows are reflective of current market rates for similar periods. The carrying value of notes payable approximates fair value since interest rates closely reflect current market rates.

Beneficial interest in trust assets represents Boys Town’s interest in assets held in perpetuity and remainder trust controlled by independent trustees. The estimated value is Boys Town’s percentage interest in the fair value of investments as reported by the independent trustees.

Bonds payable were valued using quoted market prices for specific bonds. For one bond that did not have a quoted market price available, the fair value was determined using the rate observed for a similar bond issued by Boys Town with similar terms that had a quoted market price.

38 | 2 0 0 9 A n n u A l R e p o R t

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

12 (Continued)

(i) Land, Buildings, and Equipment

Land, buildings, and equipment are stated at cost, including capitalized interest when applicable. For the year ended December 31, 2009, Boys Town capitalized $129 in interest. Provisions for depreciation are computed using the straight-line method based on the estimated useful lives of the assets.

Gifts of long-lived assets such as land, buildings, or equipment are reported as unrestricted support, unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used, and gifts of cash or other assets that must be used to acquire long-lived assets, are reported as restricted support. Absent explicit donor stipulations about how long those long-lived assets must be maintained, expirations of donor restrictions are reported when the donated or acquired long-lived assets are placed into service. Contributions restricted to the purchase of property and equipment in which restrictions are met within the same year as received are reported as increases in unrestricted net assets.

(j) Impairment of Long-Lived Assets

Long-lived assets, such as property and equipment, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized to the extent the carrying amount of the asset exceeds its fair value.

(k) Contributions

Donated properties and materials are recorded as public support at their estimated fair value at date of donation. In 2009, Boys Town began recognizing donated advertising and air time which are recorded as revenues (and as a program expense) at their estimated fair value of $67,629, which amount is consistent with prior years. All contributions are considered to be available for unrestricted use unless specifically restricted by the donor. Amounts received that are designated for future periods or restricted by the donor for specific purposes are reported as temporarily restricted or permanently restricted support that increases those net asset classes. However, if a restriction is fulfilled in the same time period in which the contribution is received, Boys Town reports the support as unrestricted.

Contributions of services are recognized if the services received 1) create or enhance nonfinancial assets or 2) require specialized skills, are provided by individuals possessing those skills, and would typically need to be purchased if not provided by donation. In 2009, $23 in contributed services was recognized.

(l) Net Patient Service Revenue

BTNRH has agreements with third-party payors that provide for payments at amounts different from its established rates. Payment arrangements include prospectively determined rates per discharge,

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

13 (Continued)

reimbursed costs, discounted charges, and per diem payments. Net patient service revenue is reported at the estimated net realizable amounts from patients, third-party payors, and others for services rendered.

(m) Income Taxes

Boys Town and its affiliates are exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Boys Town accounts for uncertainties in accounting for income tax assets and liabilities using the guidance included in FASB ASC Topic 740, Income Taxes. Boys Town recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. At December 31, 2009, Boys Town had no uncertain tax positions accrued.

(n) Pension and Other Postretirement Plans

Boys Town has two defined benefit pension plans consisting of one for employees who retired prior to January 1, 1998, and the other for active employees as of January 1, 1998. Boys Town also provides health care benefits for substantially all retired employees.

Boys Town records annual amounts relating to its pension and postretirement plans based on calculations that incorporate various actuarial and other assumptions, including discounts rates, mortality, assumed rates of return, compensation increases, turnover rates, and healthcare cost trend rates. Boys Town reviews its assumptions on an annual basis and makes modifications to the assumptions based on current rates and trends when it is appropriate to do so. The effect of modifications to those assumptions is recorded in pension-related changes other than net periodic pension cost and amortized to net periodic cost over future periods using the corridor method. Boys Town believes that the assumptions utilized in recording its obligations under its plans are reasonable based on its experience and market conditions.

(o) Use of Estimates

The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

(3) Fair Value Measurements

ASC Topic 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:

Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that Boys Town has the ability to access at the measurement date.

2 0 0 9 A n n u A l R e p o R t | 39

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

14 (Continued)

Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3 inputs are unobservable inputs for the asset or liability.

The level in the fair value hierarchy within which a fair value measurement in its entirety falls is based on the lowest level input that is significant to the fair value measurement in its entirety.

The following table presents assets and liabilities that are measured at fair value on a recurring basis at December 31, 2009:

Quoted pricesin active Significant

markets for other Significantidentical observable unobservable

December 31, assets inputs inputs2009 (Level 1) (Level 2) (Level 3)

Cash and cash equivalents $ 6,751 6,751 — —Investments 880,338 308,134 212,611 359,593 Beneficial interest in trust

assets 64,376 — — 64,376 Cash restricted for purchase

of long-term assets 137 137 — —Total $ 951,602 315,022 212,611 423,969

Certain investments classified in Levels 2 and 3 consist of shares or units in investment funds as opposed to direct interests in the funds’ underlying holdings, which may be marketable. Because the net asset value reported by each fund is used as a practical expedient to estimate the fair value of Boys Town’s interest therein, its classification in Level 2 or 3 is based on Boys Town’s ability to redeem its interest at or near the date of the consolidated statement of financial position. If the interest can be redeemed in the near term, the investment is classified in Level 2. The classification of investments in the fair value hierarchy is not necessarily an indication of the risks, liquidity, or degree of difficulty in estimating the fair value of each investment’s underlying assets and liabilities.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

15 (Continued)

The following table presents Boys Town’s activity for assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31, 2009:

Balance at December 31, 2008 $ 449,017Total realized and unrealized gains and

losses included in changes innet assets, net 77,811

Purchases, issuance, and settlements (net) 12,962Transfers in and/or out of Level 3 (115,821)

Balance at December 31, 2009 $ 423,969

Realized and unrealized gains (or losses) included in the increase of net assets for 2009 for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) are reported in the consolidated statement of activities:

Total realized gains $ 8,223Change in unrealized gains or losses

relating to assets still held 62,030Gain on beneficial interest in trust assets 7,558

$ 77,811

The consolidated financial statements as of and for the year ended December 31, 2009 do not include any nonrecurring fair value measurements relating to assets or liabilities.

(4) Investments

The primary management of all investments is performed by seven professional investment advisors, eighty-three limited partnerships, five mutual funds, and three commingled trusts. Investment income is reported net of management fee expense of $1,230.

Boys Town uses derivative financial instruments as part of its overall investment strategy. Boys Town primarily utilizes futures contracts to manage the level of exposure to interest rate risk attributable to changes in market interest rates. Boys Town also entered into crude oil and natural gas swaps to manage its level of exposure to oil and gas prices attributable to funds in Boys Town’s investment portfolio that are significantly affected by the price of oil and natural gas (note 16). Settlements under these derivative financial instruments are a component of realized and unrealized gains (losses) on investments in the consolidated statement of activities.

40 | 2 0 0 9 A n n u A l R e p o R t

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

16 (Continued)

The estimated fair value of investments at December 31, 2009 is as follows:

Short-term securities $ 105,085

Long-term investments:Debt and equity securities:

Common stocks 94,362Preferred stocks 364Mutual funds 87,707Corporate bonds 50,896Asset-backed securities 1,570U.S. government obligations 20,199

Other investments:Limited partnerships 398,956Commingled trusts 115,351

Real estate 5,848

Total long-term investments 775,253Total investments $ 880,338

Boys Town $ 98,499FFFNC 781,839

$ 880,338

The estimated value of certain alternative investments and nonmarketable securities, such as partnerships, and closely held stock was provided by the respective companies and independent appraisals. For these alternative investments, Boys Town used the net asset value (or its equivalent) reported by the underlying fund to estimate the fair value of the investment. Below is a summary of investments accounted for at net asset value:

* Redemptionfrequency Redemption

Unfunded (if currently noticeFair value commitments eligible) period

Domestic equity funds (a) $ 95,052 — m/q/sa/a 15-90 daysAbsolute return funds (b) 132,288 — m/q/sa/a 7-180 daysInternational equity (c) 77,538 — monthly 10-30 daysPrivate equity funds (d) 80,349 33,495 N/A N/AFixed income (e) 49,891 — daily dailyReal assets (f) 79,189 15,615 N/A N/A

$ 514,307 49,110

* m – monthly, q – quarterly, sa – semiannual, a – annual

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

17 (Continued)

(a) This category includes investments in funds that primarily invest in U.S. common stocks. Of this category, $41 million employ a long-short strategy.

(b) The category includes investments in funds that invest in a mix of securities including equities and fixed income. The funds are primarily multi-strategy in their approach and may include such tactics as risk arbitrage, distressed credit, and other long-short strategies. Of this balance, $25 million is restricted for the next twelve months at which time it will be available annually subject to a 180-dayredemption notice.

(c) This category includes investments in funds that primarily invest in international common stocks.

(d) This category includes investments in private equity funds that invest primarily in private companies at various stages of development and maturity. These include funds pursuing a leveraged buyout, growth equity, or venture capital strategy through investments across the capital structure. The fair values of the investment in this category have been estimated using the net asset value of Boys Towns’ ownership interest in partners’ capital. These investments can never be redeemed with the fund. Distributions from each fund will be received as the underlying investments of the funds are liquidated. It is estimated that the underlying assets of the fund will be liquidated over the next 4 to 6 years.

(e) This category includes investments in funds that primarily invest in fixed income securities of U.S. government and federal agencies and U.S. or developed nations listed companies. They may also include private placement securities of corporate borrowers and structured securities such as mortgage backed securities or other asset backed securities investments.

(f) This category includes real estate funds that employ a value-add strategy across multiple property types including multifamily, office, industrial, and retail. It also includes energy funds that invest primarily in interests of oil and gas properties. The fair values of the investments in the real estate funds have been estimated using the net asset value of the Boys Town’s ownership interest in partners’ capital. These investments can never be redeemed with the fund. Distributions from real estate funds will be received as the underlying investments of the funds are liquidated, anddistributions from energy funds will be received from the production and marketing of oil and gas and upon final sale of the underlying interests in the properties. It is estimated that the underlying assets of the fund will be liquidated over the next 4 to 7 years.

Due to the nature of the investments held by the funds, changes in market conditions and the economic environment may significantly impact the net asset value of the funds and, consequently, the fair value of the Boys Town’s interests in the funds. Although a secondary market exists for these investments, it is not active and individual transactions are typically not observable. When transactions do occur in this limited secondary market, they may occur at discounts to the reported net asset value. It is therefore reasonably possible that if Boys Town were to sell these investments in the secondary market a buyer may require a discount to the reported net asset value, and the discount could be significant.

2 0 0 9 A n n u A l R e p o R t | 41

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

18 (Continued)

(5) Pledges Receivable

Unconditional promises to give are recorded at net realizable value. Conditional promises to give are not included as support until the conditions are substantially met. The discounts on those amounts are computed using a risk-free interest rate applicable to the years in which promises are received. Amortization of the discounts is included in contribution revenue.

Receivable balances as of December 31, 2009 are as follows:

Capital $ 55Program 75Restricted to future periods 101

Unconditional promises to givebefore unamortized discount 231

Less unamortized discount (5)

Net unconditional promisesto give $ 226

Amounts due in:Less than one year $ 200One to five years 31

Total $ 231

Discount rates ranged from 2.2% to 4.7%.

(6) Net Patient Service Revenue

BTNRH has agreements with third-party payors that provide for payments to BTNRH at amounts different from its established rates. A summary of the payment arrangements with major third-party payors follows:

Medicaid – Inpatient services rendered to Medicaid program beneficiaries are paid at prospectively determined rates per discharge. Certain outpatient services are reimbursed based on a percentage rate representing the average discounted ratio of cost to charges. Clinic services are paid based on fee schedule amounts.

Revenue from the Medicaid program accounted for approximately 27% of BTNRH net patient service revenue for the year ended December 31, 2009. Laws and regulations governing the Medicaid program are extremely complex and subject to interpretation. As a result, there is at least a reasonable possibility that recorded estimates will change by a material amount in the near term.

BTNRH has also entered into payment agreements with certain commercial insurance carriers and health maintenance organizations. The basis for payment under these agreements includes discounts from established charges, prospectively determined per diem rates, fee schedules, and prospectively determined rates per discharge.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

19 (Continued)

Net patient service revenue, as reflected in program service revenues in the accompanying consolidated statement of activities, consists of the following:

Gross patient charges:Inpatient charges $ 51,496Outpatient charges 38,228Behavioral health/residential charges 21,804

Total gross patient charges 111,528

Less:Deductions from gross patient charges –

contractual adjustments – Medicare,Medicaid, and other 46,849

Net patient service revenue $ 64,679

(7) Land, Buildings, and Equipment, net

Land, buildings, and equipment, net as of December 31, 2009, are as follows:

Land $ 11,319Buildings 182,118Equipment 65,790Equipment under capital lease 948Construction in process 2,890

263,065

Less accumulated depreciation 142,225$ 120,840

42 | 2 0 0 9 A n n u A l R e p o R t

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

21 (Continued)

Boys Town had an available line of credit of $5,000 as of December 31, 2009 of which no amount was drawn down.

Boys Town had an irrevocable letter of credit of $2,385 as of December 31, 2009, in favor of its workers’compensation insurance carrier. No funds have been drawn as of December 31, 2009.

Father Flanagan’s Fund for Need Children had an available line of credit of $15,000 as of December 31, 2009 of which no amount was drawn down.

The following table presents aggregate debt maturities as of December 31, 2009:

2010 $ 3,1782011 3662012 3792013 8,5972014 404Thereafter 40,193

Total debt $ 53,117

(9) Pension Plans and Other Postretirement Benefit Plans

Boys Town has a 401(k) plan and defined benefit pension plans that together cover substantially all of its employees.

All participants of Boys Town’s 401(k) plan receive a 3% contribution of their salary to the plan from Boys Town on an annual basis. Boys Town will also match 50% of up to 6% of the participant’scontributed salary on a monthly basis. Total employer expense to the 401(k) plan was $4,569 for the year ended December 31, 2009.

Boys Town has two defined benefit pension plans consisting of one for employees who retired prior to January 1, 1998, and the other for active employees as of January 1, 1998. The plan assets for the pension plans are held in a master trust.

The benefits are based on the employees’ years of service and highest sixty-month average compensation. Boys Town’s policy is to fund, at a minimum, the net periodic pension cost. Boys Town also provides certain health care benefits for substantially all of its retired employees. The health care plan is contributory with participants’ contributions adjusted periodically. Boys Town’s postretirement health care plan is not currently funded.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

20 (Continued)

(8) Notes and Bonds Payable

Total notes and bonds payable as of December 31, 2009, excluding the capital lease obligations, are summarized below:

(a) Term bond, Series 2005, due through September 1, 2030 $ 9,850(b) Term bond, Series 2003, due June 27, 2013 8,200(c) Term bond, Series 2008, due through September 15, 2028 6,740(d) Term bond, Series 2008, due through September 15, 2028 23,670(e) Note payable, secured by building, due through March 1, 2016 798(f) Note payable, unsecured due August 2014 133(g) Term loan, unsecured, due October 2010 2,826(h) Note payable, secured by building, due and forgivable June 21, 2020 900

Total debt 53,117

Unamortized discounts (894) Total debt, net of discounts $ 52,223

(a) On September 1, 2005, revenue bonds of Hospital Authority No. 2 of Douglas County (Boys Town Project) were issued at a discount of $100 for net proceeds of $10,899. Unamortized discount at December 31, 2009 is $82. Interest is payable semiannually at rates that vary between 2.85% and 4.15%. Bonds are callable starting September 1, 2015.

(b) On June 27, 2003, a term bond of Nebraska Elementary and Secondary School Finance Authority Educational Facility (Father Flanagan’s Boys’ Home Project) was issued. Interest is payable semiannually at 3.91% per annum.

(c) On September 15, 2008, a term bond of Hospital Authority No. 2 of Douglas County, Nebraska Healthcare Revenue Bonds (Boys Town Project) was issued at a discount of $187 for net proceeds of $6,553. Unamortized discount at December 31, 2009 is $180. Interest is payable semiannually at4.75% per annum. Bonds are callable starting September 1, 2018.

(d) On September 15, 2008, a term bond of Nebraska Elementary and Secondary School Finance Authority Educational Facility Revenue Bonds (Boys Town Project) was issued at a discount of $657 for net proceeds of $23,013. Unamortized discount at December 31, 2009 is $632. Interest is payable semiannually at 4.75% per annum. Bonds are callable starting September 1, 2018.

(e) Payable in monthly installments at a rate of 6.625%.

(f) Payable in monthly installments at a rate of 5.39%.

(g) Interest is payable monthly at a floating rate equal to 2.0% greater than the Federal Home Loan Bank of Boston 30-day Classic Advance Rate. At December 31, 2009, the rate was 2.2%.

(h) Interest is paid at 0% per annum. Imputed interest was calculated at 6.7%.

2 0 0 9 A n n u A l R e p o R t | 43

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

22 (Continued)

The following summarizes the projected benefit obligation, the fair value of plan assets, and the funded status at the measurement date of December 31, 2009:

Pension Health carebenefits benefits

Change in benefit obligation:Benefit obligation at beginning of year $ 49,840 24,213Service cost 921 878Interest cost 3,036 1,792Plan participants’ contributions — 405Actuarial loss 2,875 7,539Benefits and expenses paid (2,904) (1,946) Federal subsidy receipts — 8

Benefit obligation at end of year 53,768 32,889

Change in plan assets:Fair value of plan assets at beginning of year 66,389 —Actual return on plan assets 14,669 —Employer contribution — 1,541Plan participants’ contributions — 405Benefits and expenses paid (2,904) (1,946) Transfers out (600) —

Fair value of plan assets at end of year 77,554 —Funded status at end of year $ 23,786 (32,889)

The following is a summary of amounts recognized in the consolidated statement of financial position as of December 31, 2009:

Pension Health carebenefits benefits

Pension asset $ 37,679 —Pension and postretirement benefits liability (13,893) (32,889)

Net amount recognized $ 23,786 (32,889)

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

23 (Continued)

Amounts recognized in the consolidated statement of activities for 2009 consist of the following:

Pension Health carebenefits benefits

Pension benefit $ 3,054 —Postretirement benefit obligation cost — (2,017) Federal subsidy — 180Pension-related charges other than net periodic pension (cost)

benefit 7,943 (8,372) $ 10,997 (10,209)

Amounts recognized in accumulated unrestricted net assets outside of net periodic pension cost consist of the following:

Pension Health carebenefits benefits

Net loss $ 11,860 2,301Prior service cost (credit) 587 (6,386)

Net amount recognized $ 12,447 (4,085)

The following is a summary of the components of net periodic benefit cost for the year ended December 31, 2009:

Pension Health carebenefits benefits

Service cost $ 921 878Interest cost 3,036 1,792Expected return on plan assets (5,199) —Amortization of prior service cost 88 (833) Amortization of net loss 1,272 —

Net periodic benefit cost $ 118 1,837

44 | 2 0 0 9 A n n u A l R e p o R t

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

24 (Continued)

The estimated net (gain) loss and prior service cost (credit) that will be amortized from unrestricted net assets into net periodic benefit cost in 2010 are as follows:

Pension Health carebenefits benefits

Net (gain) loss $ 11,860 (718) Prior service cost 587 —

Net amount $ 12,447 (718)

Weighted average assumptions used to determine benefit obligations at December 31, 2009 are as follows:

Pension Health carebenefits benefits

Discount rate 5.75% 5.75%Rate of compensation increase (employee plan only) 4.00 —

Weighted average assumptions used to determine net periodic cost for the year ended December 31, 2009are as follows:

Pension Health carebenefits benefits

Discount rate 6.25% 6.25%Expected long-term return on plan assets 8.00 —Rate of compensation increase (employee plan only) 4.25 —

Assumed health care cost trend rate at December 31, 2009 are as follows:

Health care cost trend rate assumed for next year 6.0%Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 5.5Year that the rate reaches the ultimate trend rate 2011

The expected long-term return on plan assets is based on the asset allocation mix and historical returns, taking into account current and expected market conditions. The actual return on pension plan assets was approximately 24.6% in 2009. Boys Town’s historical annualized five-year rate of return on plan assets is approximately 5.7%.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

25 (Continued)

Boys Town’s pension plan weighted average asset allocation at December 31, 2009 and target allocation for 2010 are as follows:

Target Plan assets atallocation December 31,

2010 2009

Equity securities 54% 39%Debt securities 15 26Alternative investments 31 35

Total 100% 100%

The investment strategy for pension plan assets is to maintain a broadly diversified portfolio designed to achieve a target of an average long-term rate of return of 8%. Management believes that Boys Town can achieve a long-term average rate of return of 8% but cannot be certain that the portfolio will perform to expectations. Assets are strategically allocated between several equity asset classes and debt securities in order to achieve a diversification level that mitigates wide swings in investment returns. Asset allocation target ranges are reviewed annually. Actual asset allocations are monitored and rebalancing actions are executed quarterly, if needed.

Investments in securities traded on a national securities exchange were valued at the latest quoted market prices. The estimated value of certain nonmarketable securities such as partnerships and closely held stock or funds was provided by the respective companies and independent appraisals. For these investments, Boys Town used the net asset value reported by the underlying fund or partnership to estimate the fair value of the investment. Due to the nature of these investments, changes in market conditions and the economic environment may significantly impact the net asset value of the investments and, consequently, the fair value of the Boys Town’s interests. Although a secondary market exists for these investments, It is not active and individual transactions are typically not observable. When transactions do occur in this limited secondary market, they may occur at discounts to the repotted net asset value. It is therefore reasonably possible that if Boys Town were to sell these investments in the secondary market, a buyer may require a discount to the reported net asset value, and the discount could be significant.

2 0 0 9 A n n u A l R e p o R t | 45

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

26 (Continued)

The asset allocations of Boys Town’s pension benefits and postretirement benefits as of the December 31, 2009 measurement date were as follows:

Fair value measurements atDecember 31, 2009

Pension benefits – plan assetsQuotedprices in

activemarkets for Significant Significant

identical observable unobservableassets inputs inputs

Total (Level 1) (Level 2) (Level 3)

Asset category:Cash $ 5,224 5,224 — —Equity securities:

Domestic (a) 13,293 8,577 4,694 22International (b) 13,938 7,321 6,617 —Emerging markets (b) 3,045 3,045 — —

Fixed income securities (c) 15,158 15,158 — —Limited partnerships:

Absolute return (d) 14,021 — — 14,021Private equity (e) 4,967 22 — 4,945Real estate (f) 4,176 — — 4,176Domestic equity(a) 3,732 — — 3,732

Total $ 77,554 39,347 11,311 26,896

The following table presents the activity for Boys Town’s pension assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31, 2009:

Balance at December 31, 2008 $ 32,795Total realized gain 325Change in unrealized gain 4,741Purchases, sales, and settlements (net) (362) Transfers in and/or out of Level 3 (10,603)

Balance at December 31, 2009 $ 26,896

(a) This category includes investments in funds and limited partnerships that primarily invest in U.S. common stocks.

(b) This category represents investments in funds that primarily invest in international common stocks.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

27 (Continued)

(c) This category includes investments in funds that primarily invest in fixed income securities of U.S. government and federal agencies and U.S. or developed nations listed companies. They may also include private placement securities of corporate borrowers and structured securities such as mortgage backed securities or other asset backed securities investments.

(d) The category includes investments in funds that invest in a mix of securities including equities and fixed income. The funds are primarily multi-strategy in their approach and may include such tactics as risk arbitrage, distressed credit, and other long-short strategies.

(e) This category includes investments in private equity funds that invest primarily in private companies at various stages of development and maturity. These include funds pursuing a leveraged buyout, growth equity, or venture capital strategy through investments across the capital structure.

(f) This category includes real estate funds that employ a value-add strategy across multiple property types including multi-family, office, industrial, and retail. It also includes energy funds that invest primarily in interests of oil and gas properties.

In 2009, Boys Town does not expect to contribute to the pension plan and expects to contribute $1,358 to its health care benefit plan and receive $223 in federal subsidy payments.

The following benefit payments and federal subsidy receipts, which reflect expected future service, as appropriate, are expected to be paid for the years 2010 through 2018:

Expectedfederal

Pension Health care subsidybenefits benefits receipts

2010 $ 2,770 1,358 2232011 2,877 1,501 2482012 3,110 1,624 2772013 3,255 1,754 3052014 3,376 1,870 337Years 2015 – 2019 20,003 10,928 1,847

(10) Temporarily Restricted Net Assets

Temporarily restricted net assets consist of gifts contributed for a specified period or until the occurrence of some future event.

46 | 2 0 0 9 A n n u A l R e p o R t

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

28 (Continued)

Temporarily restricted net assets are available for the following purposes at December 31, 2009:

General education and scholarships $ 12,612Beneficial interest in assets held in trust –

general operations 8,709Specific program activities 1,062Capital 622Future periods 3,512Sports and physical education 3Hearing aid program for youth 25

$ 26,545

Net assets were released from donor restrictions by incurring expenses satisfying the restricted purposes or by occurrence of other events specified by the donors for the year ended December 31, 2009:

Capital $ 576General education and scholarships 166Specific program activities 189Sports and physical education 96General operations 11Hearing aid program for youth 3

$ 1,041

(11) Permanently Restricted Net Assets

Permanently restricted net assets consist of long-term investments that are restricted by the donors. The restrictions require that the resources be maintained permanently but permit use of the income derived from the assets.

Permanently restricted net assets consist of the following at December 31, 2009, the income from which is expendable to support:

General operations $ 57,883General education and scholarships 4,001Direct care of children 733

$ 62,617

Net assets of $2 in principal were released from donor restrictions for general operations.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

29 (Continued)

(12) Endowment

The Nebraska Uniform Prudent Management of Institutional Funds Act (NUPMIFA) was enacted April 4, 2007. NUPMIFA sets out guidelines to be considered when managing and investing donor-restricted endowment funds. On January 1, 2008, Boys Town adopted new guidance included ASC Topic 958 (FASB Staff Position FAS 117-1, 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).

Boys Town holds endowment funds for support of its programs and operations. As required by generally accepted accounting principles, net assets and the changes therein associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, and beneficial interest in trust assets are classified and reported based on the existence or absence of donor-imposed restrictions. The funds classified as beneficial interest in trust funds are not under the control of Boys Town, and as such, Boys Town does not appropriate these funds or control their investment policies.

The Board of Trustees of Boys Town has interpreted NUPMIFA as requiring the preservation of the whole dollar value of the original gift as of the gift date of donor-restricted endowment funds absent explicit donor stipulations to the contrary. As a result of this interpretation, Boys Town classifies as permanently restricted net assets the original value of gifts donated to the permanent endowment and the original value of subsequent gifts to the permanent endowment. Interest, dividends, and net appreciation of the donor-restricted endowment funds are classified according to donor stipulations, if any. Absent any donor-imposed restrictions, interest, dividends, and net appreciation of donor-restricted endowment funds are classified as temporarily restricted net assets until those amounts are appropriated for expenditure by Boys Town in a manner consistent with the standard of prudence prescribed by NUPMIFA. In accordance with NUPMIFA, Boys Town considers the following factors in making a determination to appropriate or accumulate donor-restricted endowment funds:

(1) the duration and preservation of the endowment fund;

(2) the purposes of Boys Town and the donor-restricted endowment fund;

(3) general economic conditions;

(4) the possible effect of inflation or deflation;

(5) the expected total return from income and the appreciation of investments;

(6) other resources of Boys Town; and

(7) the investment policy of Boys Town.

2 0 0 9 A n n u A l R e p o R t | 47

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

30 (Continued)

Endowment Net Asset Composition by Type of Fund

December 31, 2009

Temporarily PermanentlyUnrestricted restricted restricted Total

Donor-restricted endowmentfunds $ — 4,561 7,114 11,675

Board-designated endowmentfunds 782,125 — — 782,125

Total funds $ 782,125 4,561 7,114 793,800

Changes in Endowment Net Assets

Year ended December 31, 2009

Temporarily PermanentlyUnrestricted restricted restricted Total

Endowment net assets, beginning of year $ 701,230 3,156 6,342 710,728

Investment return:Investment income 19,374 179 — 19,553Net appreciation (realized

and unrealized) 102,980 1,296 — 104,276

Total investmentreturn 122,354 1,475 — 123,829

Other revenues 398 — — 398Appropriation of endowment

assets for expenditure (41,857) (70) (2) (41,929) New designations — — 774 774

Endowment net assets,end of year $ 782,125 4,561 7,114 793,800

(a) Return Objectives and Risk Parameters

Boys Town has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while complying with all donor-imposed restrictions. Under this policy, as approved by the Board of Trustees, the endowment assets are invested in a manner that is intended to produce results that exceed inflation plus the long-term spending rate.

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

31 (Continued)

(b) Strategies Employed for Achieving Objectives

To satisfy its long-term rate-of-return objectives, Boys Town relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). Boys Town targets a diversified asset allocation that places a greater emphasis on equity-based investments to achieve its long-term return objectives within prudent risk constraints.

(c) Appropriation Policy and How the Investment Objectives Relate to Appropriation Policy

Boys Town preserves the whole dollar value of the original gift as of the gift date of donor-restricted endowments, absent explicit donor stipulations to the contrary. Interest, dividend, and net appreciation of the donor-restricted endowments funds are deemed appropriated for expenditure when earned or when donor–imposed restriction is met.

For board-designated endowment funds, Boys Town appropriates distributions in its annual budget while considering the operations of Boys Town as well as expected investment returns and new endowment contributions. Annual appropriations are generally between 5% and 7% of the board-designated endowment fund’s average fair value over the prior four quarters ending June 30.Thus, Boys Town expects to achieve inflation-adjusted growth of its endowment assets from the total return on investments as well as from the receipt of new gifts.

(d) Appropriation of Board-Designated Endowment Assets for 2010

For 2010, Boys Town has budgeted to appropriate $42,000 of its board-designated endowment assets to be distributed for spending. Consistent with Boys Town’s spending policy described above, this amount represents approximately 5.8% of the endowment fund’s average fair value over the prior four quarters ended June 30, 2009.

(13) Beneficial Interest in Assets Held by Others

Boys Town holds a beneficial interest in assets held in perpetuity and remainder trusts, which are controlled by independent trustees. In 2009, the following support was recognized in the accompanying consolidated statement of activities.

Temporarily PermanentlyUnrestricted restricted restricted

net assets net assets net assets

Contributions $ — 1,877 3,648Gain in value of beneficial interests — 491 7,067Investment income 2,104 — —

(14) Split-Interest Agreements

Boys Town is the beneficiary of split-interest agreements in the form of charitable gift annuities, charitable remainder trusts, and pooled income funds. Assets of split-interest agreements of $25,107 are included in

48 | 2 0 0 9 A n n u A l R e p o R t

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

32 (Continued)

investments and $164 is included in beneficial interest in trust assets on the consolidated statement of financial position at December 31, 2009. The value of split-interest agreements is measured as the Boys Town’s fair value share of the assets. Liabilities associated with these agreements are $7,935 and have been included in accrued liabilities on the consolidated statement of financial position.

(15) Joint Cost Allocation

In 2009, Boys Town incurred joint costs of $15,690 for informational materials and activities that included fund-raising appeals. Of these costs, $13,210 was allocated to fund-raising expense, $1,687 was allocated to public services, and $793 was allocated to management and general expense.

(16) Derivative Financial Instruments

Boys Town uses derivative financial instruments as part of its overall investment strategy. Boys Town primarily utilizes futures contracts to manage the level of exposure to interest rate risk attributable to changes in market interest rates. Boys Town also entered into crude oil and natural gas swaps to manage its level of exposure to the price of oil and natural gas attributable to funds in Boys Town’s investment portfolio that are significantly affected by the price of oil and natural gas.

Futures contracts are contracts for delayed delivery of securities in which the seller agrees to make delivery at a specified future date of a specified instrument, at a specified price or yield. Cash equivalent investments are held to ensure money is available for settlement to take delivery. The change in fair value of these futures contracts is intended to protect against risks that arise from movements in securities values and changing interest rates on fixed interest securities. There are no initial cash requirements related to these contracts. The contracts cash is settled on a daily basis.

The notional amounts of these futures contracts totaled $19,437 at December 31, 2009, with amounts expiring over the next three months. The notional amount is used to measure the volume of these contracts and does not represent the exposure to credit loss. Boys Town maintains a balance of cash and investments sufficient to cover contract exposure for the duration of the investment in the contracts. The amount of net realized gain from futures contracts trading activities was approximately $3,187 for the year ended December 31, 2009. The contracts are considered stand-alone derivatives with a “no hedge” designation.

Boys Town has entered into oil and natural gas swap agreements with two major financial institutions beginning July 2008 through December 2012. Under these agreements, Boys Town makes or receives payments on a specific quantity of oil or natural gas based on the differential between a specified price and the market price of oil or natural gas. At December 31, 2009, the outstanding notional amounts for the oil and natural gas swap agreements were 3,000 U.S. barrels and 288,000 MMBTUs, respectively. As of December 31, 2009, a noncash unrealized gain of $1,533 was recorded in realized and unrealized losses on investments in the consolidated statement of activities and long-term investments in the accompanying consolidated statement of financial position.

(17) Leases

Boys Town leases building space under long-term operating leases. In addition, Boys Town leases office equipment and an uninterruptible power source under capital leases. Future minimum lease payments for

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

31 (Continued)

(b) Strategies Employed for Achieving Objectives

To satisfy its long-term rate-of-return objectives, Boys Town relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). Boys Town targets a diversified asset allocation that places a greater emphasis on equity-based investments to achieve its long-term return objectives within prudent risk constraints.

(c) Appropriation Policy and How the Investment Objectives Relate to Appropriation Policy

Boys Town preserves the whole dollar value of the original gift as of the gift date of donor-restricted endowments, absent explicit donor stipulations to the contrary. Interest, dividend, and net appreciation of the donor-restricted endowments funds are deemed appropriated for expenditure when earned or when donor–imposed restriction is met.

For board-designated endowment funds, Boys Town appropriates distributions in its annual budget while considering the operations of Boys Town as well as expected investment returns and new endowment contributions. Annual appropriations are generally between 5% and 7% of the board-designated endowment fund’s average fair value over the prior four quarters ending June 30.Thus, Boys Town expects to achieve inflation-adjusted growth of its endowment assets from the total return on investments as well as from the receipt of new gifts.

(d) Appropriation of Board-Designated Endowment Assets for 2010

For 2010, Boys Town has budgeted to appropriate $42,000 of its board-designated endowment assets to be distributed for spending. Consistent with Boys Town’s spending policy described above, this amount represents approximately 5.8% of the endowment fund’s average fair value over the prior four quarters ended June 30, 2009.

(13) Beneficial Interest in Assets Held by Others

Boys Town holds a beneficial interest in assets held in perpetuity and remainder trusts, which are controlled by independent trustees. In 2009, the following support was recognized in the accompanying consolidated statement of activities.

Temporarily PermanentlyUnrestricted restricted restricted

net assets net assets net assets

Contributions $ — 1,877 3,648Gain in value of beneficial interests — 491 7,067Investment income 2,104 — —

(14) Split-Interest Agreements

Boys Town is the beneficiary of split-interest agreements in the form of charitable gift annuities, charitable remainder trusts, and pooled income funds. Assets of split-interest agreements of $25,107 are included in

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

33 (Continued)

operating and capital leases with initial or remaining noncancelable lease terms in excess of one year as of December 31, 2009 were as follows:

Operating Capitalleases leases

2010 $ 1,302 742011 1,052 722012 786 452013 591 152014 558 1Thereafter 857 —

Total minimum lease payments $ 5,146 207

Less amount representing interest (32)

Present value of minimum lease payments,included in accrued liabilities $ 175

The operating leases expire through 2017; however, many of the leases contain renewal options. Escalating rent payments are recognized on a straight-line basis over the lease term. Deferred liabilities recorded for lessor incentives related to leasehold improvements are recognized over the lease term as a reduction of rent expense.

Rent expense for operating leases was $1,817 in 2009. Portions of clinic space are sublet under leases expiring during 2010. Sublet rental income was approximately $45 in 2009. Minimum future rentals on noncancelable leases as of December 31, 2009 are as follows:

Subleases

Year:2010 $ 14

$ 14

(18) Commitments and Contingencies

Boys Town is a defendant in a number of lawsuits incidental to its operations. In the opinion of management, the outcome of such lawsuits will not have a materially adverse effect on Boys Town’sconsolidated financial position or its activities.

2 0 0 9 A n n u A l R e p o R t | 49

BOYS TOWNNotes to Consolidated Financial Statements

December 31, 2009

(Dollar amounts in thousands)

34

(19) Subsequent Events

In March 2010, the United States Congress passed the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act. Management is in the process of determining the impact to the future financial statements as a result of this legislation.

Boys Town has evaluated subsequent events from the consolidated statement of financial position date through May 19, 2010, the date at which the financial statements were available to be issued, and determined there are no other items to disclose.

50 | 2 0 0 9 A n n u A l R e p o R t

Members of the National Board of Trustees and the Father Flanagan’s Fund for Needy Children Board of Trustees support Boys Town’s mission selflessly with monetary gifts and gifts of time, thought and concern.

On behalf of the children saved and families healed by their generosity, Boys Town says “thank you” to our trustees for their contributions and leadership.

national board of trustees

Advocates Helping Children

The Rev. Steven E. Boes Trustee since 2005President and National Executive Director

Boys TownBoys Town, NE

John T. ReedchairTrustee since 2005Managing Member

Reed Capital Partner, LLCOmaha, NE

Colin “Ed” BradyTrustee since 2006 President and Chief Executive Officer

Redneck, Inc.Springfield, MO

1964 Boys Town Graduate

Carl Bryant, Ph.D.Trustee since 2007 General Manager

Personnel Decisions InternationalWashington, D.C.

Carol A. Dvorak, R.N. (retired)Trustee since 2003 Community VolunteerOmaha, NE

Beatrice Gonzales GarzaTrustee since 2006 Executive Director and Chief Operating Officer

Association for Advancement of Mexican Americans, Inc.

Houston, TX

Rajive JohriTrustee since 2007 President (retired)

First National BankGreenwich, CT

The Honorable David K. KarnesTrustee since 2004 President and Chief Executive Officer

The Fairmont Group Inc.Of Counsel

Kutak Rock LLPFormer U.S. SenatorOmaha, NE, and Washington, D.C.

John V. McGrawTrustee since 2003 Chairman

McGraw Group of Affiliated CompaniesAtherton, CA

Robert H. Miller, M.D.Trustee since 2007 Executive Director

American Board of OtolaryngologyHouston, TX

Daniel P. NearyTrustee since 2009Chairman and Chief Executive Officer

Mutual of Omaha Insurance CompanyOmaha, NE

Vivian Jenkins NelsenTrustee since 2009President and Chief Executive Officer

The INTER-RACE InstituteMinneapolis, MN

Cathleen Piazza, Ph.D.Trustee since 2008Director

Pediatric Feeding Disorders Program, Munroe Meyer Institute

Professor University of Nebraska Medical Center

Omaha, NE

Gary RodkinTrustee since 2007 Chief Executive Officer

ConAgra Foods, Inc.Omaha, NE

David ShafferTrustee since 2006 Chairman

Knovel CorporationExecutive Chairman

Cengage LearningRancho Santa Fe, CA, and Stamford, CT

Wendell M. Starke, CFATrustee since 2005Chairman (retired)

INVESCO Capital Management, Inc.Gainesville, GA

Boys Town National Board of Trustees

Jan Madsen, CPATrustee since 2007 Former Chief Financial Officer

Financial Institution Services First Data Corporation

Omaha, NE

Kenneth E. Stinsonformer chairTrustee since 2003Chairman

Peter Kiewit Sons’, Inc.Omaha, NE

a note of thanks from our board

To Our DonorsYour ongoing support provides the lifeblood for Boys Town and helps us carry on Father Flanagan’s legacy of healing and hope.

On behalf of the National Board of Trustees and the Father Flanagan’s Fund for Needy Children Board of Trustees, we thank you for your generous gifts and your commitment to our mission.

Steve Berger Trustee since 2005Managing Partner Adamas Partners Boston, MA

The Rev. Steven E. Boes Trustee since 2005President and National Executive Director Boys Town Boys Town, NE

Ed Brakeman Trustee since 2007Managing Director (Retired) Bain Capital, LLC Boston, MA

Charles G. Froland, CFA Trustee 2001-2009Chief Executive Officer Performance Equity Management, LLC Greenwich, CT

Kristin Gilbertson Trustee since 2007Chief Investment Officer University of Pennsylvania Philadelphia, PA

Walter M. Hoff Trustee 2001-2009Chief Executive Officer Sav-Rx Prescription Services Fremont, NE

Greg McMillan Trustee since 2009Founder and Advisor Varde Partners Minneapolis, MN

Philip J. Ruden Trustee since 2001Chief Investment Officer Father Flanagan’s Fund for Needy Children Boys Town, NE

Elizabeth Snyder Trustee since 2009Director Virginia University Charlottesville, VA

Wendell M. Starke, CFA Trustee since 2001Chairman (Retired) INVESCO Capital Management, Inc. Gainesville, GA

Dan Stern Trustee since 2005 Chairman and Chief Executive Officer Reservoir Capital Group New York, NY

Father Flanagan’s Fund for Needy Children Board of Trustees

The stories of our children in this report are real. However, the names and exact details have been changed to protect the privacy and therapeutic interests of the children and families in our care.

Your ongoing

support

provides the

lifeblood

for Boys Town

and helps us

carry on Father

Flanagan’s legacy

of healing

and hope.

1004-070

Boys Town Sites

CaliforniaSanta Ana 714-532-2399

Chicago773-247-7725

Florida orlando 407-588-2170 tallahassee 850-575-6422 West palm Beach 561-366-9400

Louisiana new orleans 504-949-9248

Nebraska/Iowa omaha 402-498-3288

New England portsmouth, RI 401-845-2250

New York new York 212-725-4260

Nevada las Vegas 702-642-7070

Texas San Antonio 210-271-1010

Washington, DC 202-832-7343

Boys Town National Research Hospital omaha, ne 402-498-6511

Boys Town National Headquarters 14100 Crawford Street Boys Town, NE 68010 402-498-1300 marketing.communications@boystown.org

www.boystown.org www.parenting.org www.boystownhospital.org www.yourlifeyourvoice.org

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