| In
A Nutshell |
| Income
2009-2010 |
| Expenses
2009-2010 |
| Annual
Fund 2009-2010 |
| Annual
Fund Donor List |
| Endowment
|
|
Grade
5 at the Mars Mission, May
2010
|
The Strategic Plan
for 2010-2012 set goals in five
areas.
|
 |
| Japanese
tea ceremony in Grandes
|
|
 |
| Grade
3 Visits Bandelier National Park
|
|
Last Year's Gala
Grande...
The 2010 Gala
Grande to support our tuition assistance fund
was an event to remember, with over 200
attendees and a bevy of wonderful items in our
silent and live auctions. Special thanks to
co-chairs Krista Tyra and Robin
Roffer.
CLICK HERE to read
more about the Gala Grande and to see a list of
sponsors and
donors. |
| |
| Entering
Our Fourth
Decade |
Greetings!
The 2009-2010
academic year began the fourth decade of the Rio
Grande School and marked Jay Underwood's
final year as Head of School. The
year also showed signficant accomplishments
in strategic, financial, and programmatic
areas. We...
- added half-time
Associate Teachers in Grades 2-4;
- added an Upper
Elementary music teacher, with a program that
emphasizes technology in music;
- combined the
positions of Director of Technology and
Technology Specialist;
- celebrated our first
All-School Event, with all classes reading a
version of Three Cups of
Tea and studying an aspect of the
Afghanistan/Pakistan region;
- published the first
edition of the Rio Good Literary
Magazine;
- marked the second
year of the RGS Choir, which performed at the
Masonic Temple, produced a cd, and made a music
video;
- revived the
all-school musical with a performance -"The 'R'
Word" - on respect and manners;
- continued to invest
in SmartBoard technology by adding equipment to
grades 2, 3, 5;
- offered Extended Care
for our Pequenos students;
- increased the
diversity of our student body to 30%, including
forming a partnership with the Pojoaque
Pueblo;
- continued to collect
pledges on our "Building a Grande Future"
capital campaign, bringing our endowment to over
$2.1 million;
- developed a
three-year Strategic Plan;
- revised the school's
by-laws and mission;
- developed the
school's first marketing plan;
- opened the facility
to the community by hosting the Santa Fe Youth
Orchestra rehearsals and a Lesley University
graduate program.
 Along with highlighting achievements, this
annual report is intended to be a basic guide
for you about how RGS uses its financial
resources. One item of particular note: you will
see that our tuition income ($2, 249, 770) just
barely covers the cost of our salaries and
benefits ($2, 171, 280). That means that
every other expense at RGS, from
classroom supplies to building maintenance, is
covered largely by Annual Fund and
Gala Grande proceeds. This is a very
powerful example of how we need your support to
do what we do best!
On behalf of the entire RGS community,
thank you for your ongoing strong support of our
school. |
|
Sincerely,
Maureen
Devlin
Interim
Head of School
|
Income
Tuition
&
Fees $2,249,770
(79.9%)
Fundraising $
361,569
(12.8%)
Summer
Solution,
|
|
Expenses
Salary
&
Benefits $2,171,280
(71.2%)
Administrative $
144,533 (4.7%)
Instructional
$
106,422 (3.5%)
Facilities $
457,064 (15.0%)
Fundraising $
99,515 (3.3%)
Summer Solution,
ASAP $
72,077 (2.4%)
__________________________________________
TOTAL:
$3,050,891 (100%)
|
|
Last
Year's Annual Fund Reaches 95% Parent
Participation
The 2009-2010 Annual Fund raised funds
from 100% of trustees, 95% of our parent body
and 87% of employees for a total of
$212,965 in pledges and
$174,913 collected by June
30. (The remaining
pledges have since been received.)
The annual fund covers about 8% of the
school's annual budget and helps pay for
expenses such as faculty salaries and benefits,
classroom supplies, and new technology.
We give thanks to our 2009-2010 Development
Committee for their hard work in bringing the
Annual Fund to a successful conclusion:
Richard Altermann, Matt
Calavan, Will Halm
(Chair), Peter Trevisani,
Amanda Innes, Matt Laessig, Caren Miller,
Christopher Stoy, Sloan
Swanson, Sarah Thomas, and Tom
Wolinski.
And a very special thanks goes
to Alicia and Bill Miller,
grandparents of Campbell
Miller, for hosting the gratitude
party for lead donors at their beautiful home on
January 16,
2010. |
|
Endowment Grows to
Over
$2.1
Million
As of June 30, our endowment reached over
$2.1 million. In early 2008, RGS wrapped
up its "Building a Grande Future" Capital
Campaign, exceeding its $4 million
goal to build new performing arts and first
grade classrooms, administrative offices, and to
grow the school's endowment. Many donors made
five-year pledges to the campaign, enabling them
to spread their gifts over time.  With the building projects paid for in
2007, all money received thereafter went
directly to our general
endowment, which serves as an important
safety net and helps to sustain the school's
future financial health. By the end of the
"Building a Grande Future" pledge period in
2011, total gifts to the endowment will equal
approximately $2.5 million.
Our short-term goal is to raise the
endowment to equal approximately one year's
operating budget, which is about
$2.9 million and a goal which we expect to
meet in the 2010-2011 academic
year. After that, we hope to
begin drawing a small percentage of the
endowment's annual earnings to help cover
operating expenses.
CLICK HERE to see a
list of donors to the endowment in
2009-2010. |
|
|
Rio Grande School
is a non-profit organization under the IRS code
501(c)3. | | |
