2007-2008 SFDS Annual Report - San Francisco Day School

From the Treasurer
San Francisco Day School continues to
be in excellent financial position with
a strong balance sheet and balanced
annual operating budgets.
Yet again, we reached a new record
for voluntary support during the
’07-08 year. Thanks to the incredible
generosity of our families, alumni, faculty, staff and friends,
our Annual Fund reached a new record of $1,078,736,
including $116,400 in challenge monies that allowed us
to break the million dollar barrier for the first time in SFDS
history. Equally impressive was the fact that 97% of our
current families participated in this generosity, a level that
can only be described as extraordinary when compared
with the nationwide independent school average of 50.8%.
Successful Parents Association fundraisers, including the
Library Party and CultureFest: 80s, raised an additional
$208,897. These funds provide essential support for our
tuition assistance and other programs and are a testament
to the enormous commitment and passion of over one
hundred parent volunteers and our talented group in the
Development Office.
Revenues
$10,521,200
1. Tuition & Fees ................... 81%
2. Fundraising ....................... 12%
3. Endowment & Interest .....6%
4. Other ......................................1%
[4]
[3]
[2]
[1]
Our focus over the last several years on building endowment
for SFDS’s future continues to pay off. Thanks to generous
donations from our community, total endowment
excluding operating reserves increased from $10,992,280
to $11,215,390* over the year. San Francisco Day School is a
thriving institution with a 27-year history of sound financial
management and a uniquely generous community of
faculty, parents, alumni, and friends. We continue to rely on
your participation to realize our goals and look forward to
your ongoing support.
Sincerely,
Melinda Ellis Evers
Treasurer
[4]
[6]
[5]
[3]
[1]
[2]
Expenses
$10,158,300
*As of 6/30/08
1. Salaries & Benefits ........... 71%
2. Tuition Assistance ........... 12%
3. Plant Maintenance ............4%
4. Instructional .........................5%
5. Administration ....................4%
6. Provision for Plant/
Depreciation ........................4%
Gifts 2007-2008
Gifts received for Annual Support
Annual Fund ....................... $962,336
Challenge Grant ................ $116,400
Restricted for Annual Budget
Parents Association/
Event Fundraising............. $208,897
Technology .............................. $1,760
Other Restricted Gifts .......... $6,782
Total Annual Support
..............................................$1,296,175
Gifts to Capital and
Endowment Funds
Breaking Ground .............. $165,755
Next Steps ....................................$100
Tuition Assistance..........$1,000,000
Total Capital and
Endowment Support
..............................................$1,165,855
Total Voluntary Support
$2,462,030
Received from 7/1/2007 to 6/30/2008
SAN FRANCISCO DAY SCHOOL 6