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DEFInInG mOmEnTs - Newark Academy

DEFInInG mOmEnTs - Newark Academy

Ssummary of

Ssummary of philanthropic support 6 Newark Academy The combined gifts from parents, alumni, trustees, faculty, staff, grandparents, alumni parents and friends goes to work immediately to help underwrite every area of the school’s budget. The results are tangible and enrich the experience of all members of the NA community. total support by constituency annual fund (unrestricted) Trustee – 24% Faculty, Staff and Friends – 1% Corporations and Foundations – 1% Alumni Parent – 5% Alumni – 21% Current Parent – 48% 2008-2009 total support for newark academy Annual Fund (Unrestricted) $855,802.04 Annual Fund (Restricted) $209,833.78 Total Annual (Restricted & Unrestricted) $1,065,635.82 Endowment Gifts $881,945.64 Capital Gifts $ 27,500.00 Grand Total $1,975,081.46 total support by constituency annual, endowment & capital Trustee – 16% Faculty, Staff and Friends – 1% Corporations and Foundations – 21% Alumni Parent – 8% Alumni – 23% Current Parent – 31%

Ooperating budget Interest and Dividends – 1.66% Report for July 1, 2008 through June 30, 2009 Other – 0.22% Contribution – 4.27% Auxiliary – 9.56% Strategic Plan – 1% Financial Aid – 10% Technology – 2% Plant – 9% Summer Programs – 3% Auxiliary Expense – 5% Student Activites and Events – 1% Administrative – 5% Athletics – 2% revenue expenditures Departments – 1% Tuition and Fees – 84.29% Salaries and Benefits – 61% Report on Giving 2008-2009 7

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