No child should be born into poverty, but as we know all too well, millions are. In New York City, nearly one out of every three children is poor. It is the city's highest rate of child poverty in three decades. Poverty is more complex than the lack of financial resources--the most vulnerable children often lack access to adequate food, shelter, family stability, quality education and healthcare. The city owes these children more. They deserve a fair opportunity to take part in the American dream--the idea that where you end up in life should not be determined by where you started. That is the promise of the Children's Aid Society to New York City's children. This paper presents the Children's Aid Society's 2011 annual report. [For the 2010 annual report, see ED540952.]