Annual Report for 2006/2007 - Manlius Pebble Hill School

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2006-2007 manlius pebble hill school leadershipANNUAL REPORT OF GIVING 2006 – 2007Financial Summary 3Ways to Give at Manlius Pebble Hill 4Endowment and Investment Fund 5Annual Giving Campaign Donors 9Alumni Annual Giving 17Our Promise for the Future: A Campaign for Manlius Pebble Hill 24MPH Parents’ Association 28Parents’ Annual Giving 29After Prom Party Donations 33Trustee Annual Giving 34Faculty/Staff Annual Giving 35Friends Annual Giving 36Grandparents Annual Giving 37The Library Fund 38Participating Matching Gift Companies 39Gifts- in- Kind 39Cumulative Giving 40The Tree of Life Society 41We have carefully compiled this Annual Report with the hope of correctly listing alldonors for the 2006 – 2007 school year. If there is an error, we apologize and askthat you notify Susan Leahey, Director of Annual Giving, at 315/446-2452, ext.112.BOARD OF TRUSTEESPeter Manolakos, PresidentEugene Chappell, President EmeritusGeorge Urist, Vice PresidentLance McKee, TreasurerJanis Hampton, SecretaryBaxter F. Ball, Head of SchoolSharon Adderley-JonesCurt AnderssonJames BrightGary CarpenterThomas CerioNancy DockDeborah FreundWilliam FuteraJennifer HicksNoël King ’71Nina MoorePaul SackJoseph ScuderiGary SlutzkyRuth (Villency) Small ’60Jamie SutphenLydia (Arnold) TurnipseedJon VerbeckJosh Wells ’89Russell Andrews ’64, Alumni Association RepresentativeMelissa Montgomery, Parents’ Association RepresentativeJoe O’Brien, Ad HocKaren Spear, Ad HocTHE ALUMNI ASSOCIATION BOARDRussell Andrews ’64, PresidentJack Wells ’60B, President EmeritusJosh Wells ’89, Vice PresidentMarna (Suarez) Redding ’96, SecretaryChuck Beeler ’54, Executive CommitteePaul Shanahan ’76, Executive CommitteeFred Benedict ’58ATyler Cagwin ’98Al Cicci ’60CChristine (Woodcock) Dettor ’88Bill Goff ’59BAndrew Greenwald ’99Stuart Grossman ’56Stuart Hirsch ’63BBryan Manolakos ’97Luke McKenney ’80Claire Myers-Usiatynski ’72John Ramsey ’59ATom Rhoades ’59AJohn Sullivan ’59HQBob Theis ’67BRalph Torrillo ’98Cindy (Hawkins) Turner ’78Elizabeth (Craig) Wells ’93Photography: LeAnn Lupien, Steve Mahan, Tony Potter, Ron Trinca, Chuck Wainwright, and MPH staff.Printing: Upstate Printing, Inc.
from the head of schoolThere is no way to sufficiently thank all of those mentioned in this annualreport. From the $10 gift sent by a college freshman who earns extra moneyby working in the library to six-figure gifts that helped us build the LaurieMezzalingua ’86 Center for Early Learning, every gift is sincerely appreciated – andgenuinely needed.We are not a wealthy school. We have neither a substantial endowment norinfinite resources. We have struggled to eek out a modest operational surplus ofaround $10,000 on average for the last 17 years. Our relative financial health resultsfrom consistently frugal management and from reaching out to a growing communityof supporters who care about first-rate independent education in Central New York.There are three major types of gifts that support the MPH community. Eachis vital to the School’s current and continued success. Annual gifts are directlyapplied to the yearly operating budget of the School. Because tuition incomecovers only about 80% of the actual cost of education at MPH, annual gifts arecritical to the here and now. They help to offset the School’s overhead and tosupport financial aid, our merit scholarship program, and a myriad of opportunitiesthat provide a rich and powerful environment for all of our young people.Virtually no independent school charges tuition sufficient to cover its annualoperating costs; all depend on annual giving. For independent schools, strongannual giving figures correlate with lower tuition increases. Budget calculationsare made by the Finance Committee of the Board of Trustees through a careful,considered process that receives further scrutiny through both internal andexternal auditing. We “zero-base budget” every operating line every year. Wedebate budget allocations. We are very careful with your money.Capital gifts, those made in support of our on-going capital campaign, are thesecond major category of gifts. Usually made over a longer period of time, capitalgifts help us to both make needed capital improvements and to increase the School’sendowment. Your capital gifts over the last two years have culminated in the recentcompletion of the Laurie Mezzalingua ’86 Center for Early Learning and in morethan a doubling of the MPH endowment, from just over $1 million to $2.8 million.Our next major objective is construction of a new media center/library withflexible, dynamic space and state-of-the-art innovations. The capital campaign hasnow secured nearly $3 million of our $6 million goal, and, with luck, we will beginconstruction in the summer of 2009 on this new facility that will enhancelearning for every one of our students.Planned gifts and membership in our Tree of Life Society make up thethird category of giving. These gifts are usually estate based and can often savethe donor a substantial amount of money in current tax dollars. Planned gifts arealmost exclusively directed toward the endowment, which supports the long-termhealth of the School and provides fiscal leverage when the School needs to takeout short-term construction loans or undertake major projects.For a school such as ours, the National Association of Independent Schoolsrecommends an endowment two and-a-half to three times the annual operatingbudget – or, for us, approximately $27 million. The fact that we are so far from anendowment of that figure is a cause of concern for the Board of Trustees and theadministration of this school. Having a healthy endowment is the insurance theSchool needs to be able to weather unpredictable storms.The sad fact is that the closing of the old Manlius School on its wonderfulcampus in Manlius was an operating decision necessitated by an endowmentinadequate to cover an annual lost. Perhaps as a consequence of our School’shistory, we are intent on securing the long-term viability of MPH through themechanism of the planned gift. We are excited that in the last 10 years, we haveadded some 80 names to the Tree of Life. As more people of foresight anddevotion to fine education join the Tree of Life, they will help ensure thatMPH will be here for our grandchildren.We are grateful to all of you who have chosen to give to the School in anyof these ways. Many of you have sacrificed and given up luxuries to help theSchool. Whether your gift was to the annual fund, the capital campaign, or theTree of Life, you have made a very special difference in our wonderful school.If your name appears anywhere in this document, we thank you for your careand loving concern.Baxter F. BallHead of SchoolM A N L I U S P E B B L E H I L L 0 6 / 0 7 A N N U A L R E P O R T 1
Page 4 and 5: from the president of the boardOnce
Page 6 and 7: ways to give at manlius pebble hill
Page 8 and 9: GENERAL ENDOWMENT FUNDGifts to the
Page 10 and 11: from the development chairDEVELOPME
Page 12 and 13: FRIENDS OF THEHEAD OF SCHOOLGifts b
Page 14 and 15: ST. JOHN’S SOCIETYGifts between $
Page 16 and 17: RED AND WHITE CLUBGifts under $99An
Page 18 and 19: the alumni associationBoard of Dire
Page 20 and 21: THE CLASS OF 1946Class Gift Totals:
Page 22 and 23: PEBBLE HILL SCHOOLTotal Given: $50,
Page 24 and 25: MANLIUS PEBBLE HILLTotal Given: $96
Page 26 and 27: our promise for the future: a campa
Page 28 and 29: $100,000 OR MOREThe Keating Fund of
Page 30 and 31: the MPH parents’ associationEvery
Page 32 and 33: THIRD GRADEParticipation of Class:
Page 34 and 35: 32 M A N L I U S P E B B L E H I L
Page 36 and 37: trustee annual givingTRUSTEE ANNUAL
Page 38 and 39: friends annual givingFRIENDS ANNUAL
Page 40 and 41: library clubLIBRARY CLUBTotal Given
Page 42 and 43: cumulative givingManlius Pebble Hil
Page 44: Manlius Pebble Hill School5300 Jame

Annual Report for 2006/2007 - Manlius Pebble Hill School

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