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The organization works towards having a great number of young people of color assume roles of leadership in the United States. The organization reports annually supporting 500 scholars at more than 300 members schools in 29 states. It has reported more than 16,000 alumni who have gone into careers as physicians, artists, educators, lawyers, politicians, and corporate executives. The number of A Better Chance alumni attending college right after high school is more than 96%.

History
A Better Chance was a development of the National Scholarship Service and Fund for Negro Students (NSSFNS). NSSFNS was an organization that referred black students to college and private boarding schools. In 1962, NSSFNS phased out referring students to private boarding school. However, the director of NSSFNS set up a meeting with 23 headmasters from the New England area to reestablish the program. They discussed the link between poverty and lack of education. Richard Plaut, Director of the National Scholarship and Service Fund for Negro Students, and John Kemper, Headmaster of Phillips Academy, came to the conclusion that broadening educational opportunities for minorities would lead to them living better lives. In 1964, fifty five boys were given the chance to attend a prep school contingent on the plan they complete an intensive eight-week summer school program at Dartmouth College. This program was to be called A Better Chance(ABC) and from this its two basic components were derived. The first component is to identify students and refer them to member schools. The second component is a summer program to serve as a transition to boarding school. The program was run by the Independent Schools Talent Search Program(ISTSP) which separated from NSSFNS to become its own non-profit charitable trust in 1964. The first sources of administrative funding were dues from member schools and a grant awarded by the Merrill Trust. In 1972, ISTSP merged with Public School Programs to form a Better Chance, Inc.

The organization allowed talented minorities the opportunity to have the opportunity to attend private day and boarding schools. A Better Chance is headquartered in New York and has regional offices in California, Georgia, and Pennsylvania.

Goal
Originally, A Better Chance wanted to integrate students of color into higher education in order for them to achieve better lives. At the time of its founding colleges had minority enrollments of less than one percent. Currently, A Better Chance states its goal is working towards having a greater number of young people of color assume roles of leadership in the United States. 43 of the 503 most powerful people in US in culture, government, business and more were people of color. In order to change that the organization wants to create a self-sustaining pipeline of diverse leaders. Additionally, the organization would like to close the gap in academic achievement based on race and allow students of color to realize their full potential. The organization carries out its goal by annually recruiting, referring and supporting 500 scholars at more than 300 member schools in 29 states. It has reported more than 16,000 alumni who have gone into careers as physicians, artists, educators, lawyers, politicians, and corporate executives. The number of A Better Chance alumni attending college after high school is more than 96% compared to 24% of students of color nationwide.

Admission
In order to apply to ABC, the student must be a citizen or permanent resident of United States, identity as a person of color, and be in grades 4-9. Applicants must submit income form, school history, an essay, transcripts, benchmark testing scores, recommendations and be interviewed. The schools affiliated with A Better chance may require additional standardized testing or interviews. The applicant may get accepted to ABC but not to a member school. Financial aid is provided by the member schools is the size of the package depends on the financial situation of the applicant. The organization looks for students who participate in extracurricular activities and demonstrates leadership potential.