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2014 Annual Report An investment in education lasts a lifetime.

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2014 Annual Report

An investment in education lasts a lifetime.

INSIDE FRONT COVER— does not print —

our work makes a difference in young lives

Richmond Public Schools Education Foundation2

Table of Contents

Foundation Leadership 3Overview 4Middle School Renaissance 6Math Teacher Academy 7Fundraising Partners 8Post-Secondary Scholarships 9Teacher Grants 10Mentoring and Reading 11Pride of RPS: Living Legacies 12Board of Trustees 132014 Donors 14Financial Summary 16

2014 Annual Report 3

From the Top

Foundation Leadership“An investment in education lasts a lifetime.” These words inspire the work of the Richmond Public Schools Education Foundation. They also inspire the donors who share our commitment to changing the lives of students. We see the return on your investment every day. It can be seen in the eyes of a first grader who discovers the joy of reading for the first time. It can be heard in the voices of middle school students who explore science and robotics at a conference with their peers from other states. It can be sensed as a graduating senior receives a scholarship that will allow her to be the first in her family to attend college. Your support makes this work possible. The Richmond Public Schools Education Foundation has partnered with local businesses, foundations, the City of Richmond and individuals raised more than $4.4 million over the past five years. This annual report provides examples of how we are investing these funds to maximize their impact while evaluating our work to drive continuous improvement. There is urgency to the work that we do. Students only pass through the halls of their schools once. Those who struggle to read in their early years will face greater challenges in later grades. Children who feel disconnected or adrift in middle school are more likely to drop out before they graduate high school. With your support, we can make a difference now. Together, we can help every student receive an education that sets them on a path for future success.

The Richmond Public Schools Education Foundation was established solely to increase the philanthropic contributions that foster new and existing activities within the Richmond Public School system. These activities enhance the learning experience for both students and teachers alike. We look for opportunities to support comprehensive, evidence-based programs and best practices that promote academic success. Each year there are one or more defining moments when it becomes crystal clear why our work matters. This year it was when a first grader’s mother said, “Thanks to the MARSS (Mentoring and Reading Student to Student) program, my daughter now reads all the time – she reads to her dolls, to her siblings and to me. I don’t know if that would have happened without the mentoring and the books she received by participating in MARSS.” Seeing the pride and gratitude in that mother’s eyes was the moment for me. Because of MARSS, this first grader now has 25 books at home. She is a confident reader, and she has also benefitted from having a neighborhood mentor to model wholesome student behavior for her. In its third year, MARSS continues to have outstanding results during a critical time in a child’s development. We look forward to continuing MARSS and the other programs that the Richmond Public Schools Education Foundation is privileged to fund. Please join us as we work to support programs that can change lives. An investment in education truly does last a lifetime.

Brendan McCormick Chairman RPSEF

Adele Johnson Executive Director RPSEF

Richmond Public Schools Education Foundation4

Richmond Public Schools Education Foundation is a nonprofit organization that partners with the school district to improve student learning and achievement in preparation for success in college, career and community. The Foundation’s role is two-fold:• To increase private philanthropy coming into Richmond

Public Schools to support new and existing evidence-based programs and enrichment activities.

• To be a liaison between Richmond Public Schools and the private sector to ensure alignment with the district’s strategic outlook.

Richmond Public SchoolsRichmond Public Schools serves over 23,000 students, representing the region’s diverse socioeconomic mix. RPS is comprised of 26 elementary schools, including one charter school, eight middle schools, five comprehensive high schools and three specialty schools. U.S. News and World Report ranked Richmond Community and Open High schools among the state’s top 20 public high schools. And, Franklin Military Academy stands as the nation’s first public military school. The district also operates two regional Governor’s School programs.

Although there are pockets of greatness at RPS, the challenges are sometimes greater. Seventy-seven percent of students come from an economically disadvantaged household with income levels of $36,600 or less. In the last assessment year RPS reported gains in the number of students:• taking PSAT and SAT tests, • participating in dual enrollment, • graduating with a career technical education seal of

achievement, and• attending two/four year colleges. However, with recent changes to the Standards of Learning (SOL) tests made by the Virginia Department of Education students were challenged by the increased rigor and format of questions as well as the incorporation of technology enhanced items. While several schools had SOL gains the district scores were below 70 percent on 22 of 34 assessments. And despite a trend of improvement, graduation and dropout rates have failed to meet statewide averages. The graduation rate was 76 percent as compared to 89 percent; the dropout rate was 9.2 percent versus 1.8 percent.

Partnership with Richmond Public Schools

Overview

2014 Annual Report 5

Under leadership of the new superintendent, Dr. Dana T. Bedden, an academic improvement plan is being created to increase academic achievement and reduce achievement gaps among student groups. It will include goals to strengthen the core academic program, rebuild fine arts and athletics, ensure safe school environments, and recruit strong leadership.

Foundation Focus AreasThe Foundation helps donors contribute to the educational and teaching experience for RPS students and teachers respectively.  We work in three primary areas:• Student Success – enrichment activities to improve student

learning;• Teaching Innovation and Excellence – classroom resources

and professional development grants to benefit teachers;• Post-Secondary Learning – scholarships for graduating

seniors to attend college or career training. With this support we hope to help Richmond Public Schools boost student retention and increase the on-time graduation rates while furthering educational aspirations.

2014 HighlightsWith the goals of improving existing programs and expanding support in mind, this year the Foundation:• Enhanced after-school programming for 1000 students by

coordinating resources and enrichment activities across schools. Our efforts focused on expanding the breadth and quality of after-school offerings, improving program consistency, collaborating with partners and linking enrichment activities to developmental goals. This program provided after-school enrichment and sports activities across nine middle schools;

• Presented $500 grants to 49 teachers in collaboration with a major corporation to support student activities, professional development and classroom enhancements such as technology, books and equipment;

• Awarded graduating seniors 42 scholarships to four-year institutions, community colleges, and professional or technical schools; also provided scholarship winners with refurbished laptops made available by an in-kind donation;

• Heightened the reading skills of first graders through a literacy program that matches first graders with high school mentors to read together twice weekly; the first- and second-year cohorts increased their reading skills an average of 2.5 and 2.2 grade levels respectively;

• Piloted a math academy to improve student performance by offering added support to 60 middle school teachers through instructional coaching sessions, project-based learning models, technology-supported tools, real-world applications and monthly seminars in a collaborative learning environment;

• Honored eight alumni of Richmond Public Schools for their professional accomplishments and community service at the Foundation’s annual fundraiser called the Pride of RPS: Living Legacies Breakfast; and

• Assisted four fundraising partners as their fiscal sponsor by providing donor services and financial reporting; these groups raised hundreds of thousands of dollars for programs in specific schools.

Richmond Public Schools Education Foundation6

Middle School Renaissance Team

Jeanine K. Turner, MSR Program Coordinator

Bryan Schubring, Program Activities Manager

Tashiana Ivy, Operational Specialist

Cynthia Gant, Operational Specialist

The Middle School Renaissance Program (MSR) offers myriad after school activities for 1000 students across the nine RPS middle schools. Tutoring, mentoring, field trips, sports and experiential/interactive programs are provided in a fun learning environment. Academic enrichment opportunities include robotics, financial literacy, journalism, forensics, sign language, creative math and more. Extracurricular programs included cooking, martial arts, chess, Girl Scouts and intramural sports (tennis, track, volleyball, flag football and soccer). After two years in operation, a review of program results indicated the need to improve effectiveness and efficiency by coordinating resources and programming across schools, broadening experiential opportunities and providing more support for the teachers. In response, this year’s program:• engaged four experienced education professionals as MSR

employees to enhance administration, collaboration and program consistency. They provided structure to school teams, guided school goal-setting, and instituted monthly informational sessions and a shared planning calendar;

• trained corporate and community volunteers to mentor students in each school, offering an opportunity for one-to-one conversations, homework assistance and individualized guidance from a caring adult;

• expanded field trips to include a visit to the USA Science & Engineering Festival in Washington DC, where 250 students experienced hands-on interactive, fun and entertaining activities including flight simulators, virtual reality environments, surgical robots and the making of virus structures from marshmallows and toothpicks. Other trips included an all-day adventure camp and a private screening of Troop 491, a Boy Scouts movie filmed in Richmond;

• established consistent support for teachers, including regular observations and coaching, the development of enrichment activities to support reading and math tutoring, and implementation of a training calendar;

After School Activities for 1000 Students

Middle School Renaissance

2014 Annual Report 7

Piloted a math academy to improve student performance by offering added support to 60 middle school teachers through instructional coaching sessions, project based learning models, technology-supported tools, real-world applications, and monthly seminars in a collaborative learning environment. The Math Teacher Academy was piloted to improve student performance by offering added support to 60 middle school teachers. Professional development helps teachers stay up-to-date on new research regarding how children learn, emerging technology tools for the classroom, new curriculum resources, and more. The Math Teacher Academy offered an opportunity for teachers to deepen their knowledge, update their skills, and collaborate with their counterparts from other schools. The program began with two weeks of math training followed by monthly workshops, and weekly coaching sessions throughout the school year.

During the math training teachers were grouped to ensure appropriate grade-level instruction. However, because it is just as important for teachers to exchange learnings and experiences, all monthly sessions included a joint gathering where common topics were discussed and teaching innovations were shared. As a part of participation each teacher received an iPad preloaded with math applications, ranging from flash cards to calculators to graphing. In addition, an array of math manipulatives were purchased including conceptual Bingo, fraction pattern blocks, algebra tiles, and probability spinner sets. Along with monthly training, math coaches visited classrooms to observe teachers, provide feedback and also model techniques as needed. These one-to-one sessions offered teachers professional guidance and support. A survey of teachers indicates active participants were pleased with the opportunity to heighten their skill level and also introduce students to new techniques and tools. Three of the middle schools showed a significant increase in their math SOL scores ranging from 5 –16 percent higher than the previous year.

MTA Partners:Axiom Educators

Carnegie Learning

Edison Learning

University Instructors

Professional development for 60 teachers

Math Teacher Academy

• hosted a “STEM Week” at middle schools, where students, partners and volunteers participated in Science, Technology, Engineering, and Math-related activities, presentations and field trips. Active participation in, and completion of, related assignments were criteria for selection to join field trips;

• purchased equipment, and increased sports offerings to include clinics and intramural competitions in tennis, soccer and track & field; five schools have now implemented healthy lifestyle programs focusing on diet and exercise.

In addition, this year the Search Institute’s 40 Developmental Assets were introduced as a framework to link after school activities to personal development. Research shows that the more developmental assets young people acquire, the better their chances of becoming academically, socially, and

emotionally well-prepared for life in this complex and rapidly changing world. Students participated in development activities and set goals related to a specific asset focused on becoming a caring, responsible, productive adult. Through regular check-ins they shared their accomplishments and challenges then determined the best way to move forward. Although the third party evaluation is not complete, year-end survey responses from students and teachers indicate that 100 percent of participating teachers believe that MSR provides positive, engaging activities for students and 75 percent feel that MSR is effective in providing academic support to students. In addition, all felt the additional program infrastructure and support had a positive impact on the program. A review of data shows that students who participated in MSR attended school more often were less likely to be suspended.

Richmond Public Schools Education Foundation8

Fiscal Support for Community Groups

Fundraising PartnersThe Foundation assists schools, groups, and organizations wishing to raise money for special programs in Richmond Public Schools by acting as their fiscal sponsor. We provide administrative support to multiple organizations, allowing its partners to focus on fundraising and solicit tax-deducible donations. Our primary partners are:

Chimborazo Model School Task Force This is a group of parents, teachers and community members supporting the establishment of Chimborazo’s authorized International Baccalaureate (IB) Primary Years Program. The program prepares students to be active participants in lifelong learning by focusing on each child as an inquirer in the classroom and the outside world. Students become globally minded thinkers, and teachers will be empowered with a different teaching approach to improve student engagement and performance. The process will be completed in 2015.

Community of Caring This program establishes an approach to character building and improving academic performance that is implemented through a comprehensive education program. Community of Caring weaves five core values into the curriculum and culture of the partnering schools – trust, responsibility, family, respect, and caring – in order to empower young people to become responsible and caring members of the community. Advanced by a group Richmond health professionals, this program takes direction from the National Community of Caring organization, established by the late Eunice Kennedy Shriver. Implemented in Richmond’s East End, the program now includes five elementary schools, one middle school and one high school. In each institution the faculty and staff is given training and professional development to help them weave the core values into every aspect of school life and the existing curriculum.

2014 Annual Report 9

42 Awards for Graduating Seniors

Post-Secondary ScholarshipsMany of our graduates want to attend a university, community college, technical or professional school but just can’t afford it. Post-secondary education costs a fortune: it’s not just the tuition, but books, housing, food and other everyday expenses, too. Even students with a high GPA, community service experience and glowing letters of recommendation find it challenging to obtain enough financial support to get them through a full four years of college in today’s economy. This is the reason scholarships have become so important. Each year the RPS Education Foundation administers several scholarship programs. Some are supported by major corporations, while others have been established by individuals to honor a friend or family member. These scholarships have proven critical to the ultimate success of innumerable students, and many more are needed.

Thanks to an in-kind donation from Capital One, refurbished laptops were presented to winners of the following scholarships:• Benjamin J. Lambert III• Darlene L. Chaney• Deborah Jewell Sherman• J. Sargeant Reynolds Community College• Pride of RPS: Living Legacies Breakfast• RPS Class of 1972• SunTrust Bank• To the Nines• Virginia Credit Union

Earning by Learning Funded by corporate leaders, this literacy initiative affects all RPS second graders. Modeled after a successful Florida program that uses diagnostic assessments to create individual goals for students, personalized reading practices are established and monitored for each participant. Students are encouraged to read 20 or more books a semester and are rewarded with incentives based on their accomplishments.

Richmond Community H.S. Advisory BoardThis board helps support student activities and programs for academically gifted students. It raises money to enhance each student’s experience by developing resources to assist with academic initiatives not fully financed by public funding.

Homeless Education Fund The Homeless Education Fund was established in 2014 after caring community members read a newspaper article about homeless graduates of John Marshall High School planning to attend Virginia Union University. They wanted to raise money to ensure that these students had all they needed as incoming freshmen, from laptops to bed linens. As interest grew others joined, and the group continues to work with RPS identifying additional homeless students in need of support.

We are excited about shopping for our students and think they will go to school comfortable, prepared to succeed and fitting in with other students. We gave them laptops and took them to dinner – great experiences for them (and us, too). They were excited about the computers and seem anxious – but ready – to go to school.

—Robin Jackson, Community Volunteer

Richmond Public Schools Education Foundation10

Program Partner: Wells Fargo Bank

First, I would like to thank Wells Fargo and the Richmond Public Schools Education Foundation for assisting my students with an unforgettable experience. Through the generosity of this grant and other fundraising efforts I was able to take 53 Seventh and Eighth grade students on a field trip to Washington DC. Students were able to tour the White House while learning key information and seeing our government at work. Additionally, students were able to visit the Newseum to examine the impact of the media’s reporting on the office of the President. They engaged in hands-on learning experiences to assist them in applying principles of public policy and administration to their everyday lives. As a result of this experience students were able to retain knowledge and skills related to the content, allowing 95 percent of the Eighth grade students to demonstrate proficiency or advanced proficiency on the Virginia SOLs at the end of the year.

— Chantea Wright Civics and Economics Teacher,Franklin Military Academy

$500 Grants to 49 Teachers

Teacher GrantsKnowing that nationally, teachers spend an average of $485 of their own money on classroom supplies and instructional materials, RPS Education Foundation partnered with Wells Fargo to establish a teacher grant program that offers teachers an opportunity to improve their teaching environment.

The program provides grants of up to $500 to teachers which can be used for books, activity supplies, educational field trips, technical equipment or professional development. To further support Middle School Renaissance, the grants were limited to middle school teachers. 110 applications were received – three times as many as were submitted the previous year. Teachers took full advantage of this opportunity to request music scores for upcoming performances, field trips to the White House and Martin Luther King Monument; laptops to increase mobility in working with small groups, hand-held GPS devices for field investigations and mapping; a white board for interactive classroom discussion, iPads to work more creatively with non-verbal autistic students; software to complement instruction in drafting, accounting, surveying, graphic design and much more. Teachers were required to complete an application describing their request and how it would benefit students, attach a budget, and have the request approved by their principal. At an awards reception 49 teachers received grants to purchase their requested items. From the cheers and tears it seemed more like winners of a multi-million dollar lottery, but it was just the excitement of passionate teachers who want the best for their students.

2014 Annual Report 11

The quality of life for a child and the contributions the child makes to society as an adult can be traced back to the first few years of life. During these formative years a child undergoes tremendous growth and change. If this period of life includes support for growth in cognition, language, motor skills, adaptive skills and social-emotional functioning, the child is more likely to succeed in school and later contribute to society. And that’s why Mentoring and Reading Student to Student (MARSS) was created – to help students improve their literacy skills and discover a love of learning that will influence the rest of their lives. The anticipated goals of the first year pilot were realized with all students – first graders increased reading skills on an average of 2.5 grade levels and high school students demonstrated leadership and commitment. In the second year the program framework was the same - 10 Woodville first graders were paired with 10 Armstrong High School students to read and twice a week with the second day focusing more on vocabulary, comprehension, and writing. Each week the elementary students take the book home to add to their home library. The high school students receive a small stipend for time spent with their mentees and also a scholarship fund is established for them with a $500 deposit for every semester of participation. The scholarship is awarded at graduation for college, technical school or other post-high school training of their choice. The Foundation made several enhancements to the program including expanded training and support for mentors and collaboration with the school’s reading specialist to personalize mentoring based on individual student needs. Here are the results:• The first grade students increased reading skills on

average by 2.2 reading levels; • All first grade participants were reading at or above

grade level at year end; • Seventy percent of the first graders were reading at or

above a 3rd grade reading level at year end;

• First graders received 25 books to supplement their home library; high school students received five books; a total of 305 books were distributed to participating students;

• Four training sessions were provided for high school students on mentoring;

• On average each high school mentor contributed 32 hours to MARSS;

• Graduating mentors were awarded $5000 in scholarships for post-secondary education.

Program Leaders

Kate Schenk, Partner Liaison/RPS Education Foundation

Toria Edmunds Howell, MARSS On Site Coordinator

Literacy Skill-Building for First Graders

Mentoring and Reading

Richmond Public Schools Education Foundation12

Recognition of RPS Alumni

Pride of RPS: Living LegaciesThe Pride of RPS: Living Legacies breakfast was established to honor RPS alumni who exemplify the Living Legacies criterion of leading extraordinary lives as inspirational leaders.  Nominations were received of many impressive alumni who are making a significant impact in the Richmond community

and beyond.  A committee of community leaders reviewed the submissions and made selections. An essay written about each one which was then compiled and printed in a souvenir journal. The breakfast was held at The Jefferson Hotel where friends, family and community members joined the celebration.

Dr. Lisa Edwards BurrsAssociate Professor of Music, Longwood UniversityHuguenot High School, 1977

Jamelle D. Foster, PT, DPTPhysical Therapist, Advance Care, LLC Physical TherapyRichmond Community High School, 1996

Darien C. Grant, JD CCMRegional Project ExecutiveTurner Construction CompanyMarshall-Walker High School, 1984

CAPT. Dianne T. McRae (Ret.)Veterinary Corps, U.S. Public Health ServiceMaggie L. Walker High School, 1965

General J. H. Binford Peay IIISuperintendent, Virginia Military InstituteThomas Jefferson High School, 1958

Mary Lee CopelandFounder/Executive Creative DirectorThe (next level) Storytelling AcademyOpen High School, 1976

LaVerne Beard Spurlock, Ed. D. (Ret.)Director of Guidance Services, Richmond Public SchoolsArmstrong High School, 1946

Julious P. Smith, Jr., JDChairman Emeritus, WilliamsMullenThomas Jefferson High School, 1961

Front row, L–R: Lisa Edwards-Burrs, Mary Lee Copeland, Dianne McRae, LaVerne Beard Spurlock

Back row, L–R: Julious Smith, Jamelle Foster, J. H. Binford Peay, Darien Grant

Pride of RPS: Living Legacies 2014 Honorees

2014 Annual Report 13

Accountable Leadership

Board of TrusteesChairpersonBrendan McCormick70 Douglass Communications, LLC

Vice ChairpersonDr. David TorainHampton University

SecretaryDr. Patricia FishbackRetired Educator

TreasurerT. J. Edlich IVAltria Client Services

Board MembersRev. Benjamin P. Campbell Richmond Hill

Sherrard GardnerBlackwell Elementary School

Sarah GrossVirginia and National PTA Boards

Dr. Monroe HarrisVirginia Oral and Facial Surgery

Otis JonesIBM

Rosemary Neal JonesJ. Sargeant Reynolds Community College

Lee SwitzLee Switz & Associates, Inc.

Ex-Officio TrusteesDr. Dana Bedden Superintendent Richmond City Schools

Rev. Donald ColemanRichmond School Board

Kristen LarsonRichmond School Board

Front row, L-R: Pat Fishback, Brendan McCormick, David Torain, Sarah Gross, Rosemary Jones

Back row, L-R: Ben Campbell, Sherrard Gardner, Shannon Webb, Lee Switz, TJ Edlich.

Richmond Public Schools Education Foundation14

Thank You

2014 Donors$20,000 and aboveAltria GroupBon Secours Health SystemCapital OneCity of RichmondCommonwealth FoundationsRichmond Jazz FestivalRichmond Memorial Health

FoundationThe Jackson FoundationThe Universal Leaf FoundationWells Fargo

$5,000 – 19,999Ahold/Martins Food Markets CarMaxDominion FoundationGenworth FinancialJoint Logistics Managers, Inc.McGuire WoodsOwens & MinorMiddle School Renaissance 2020 LLCRichard Reynolds FoundationRobert SleddSuntrust BankThe Community FoundationThomas ChewningUPS FoundationWeinstein Properties

$1000 – 4999 Axiom EducatorsBank of AmericaVirginia BoardMargaret and Al BroaddusRuth Camp Campbell Foundation Carytown Restaurant AssociationCherry Grove FoundationDr. Patricia FishbackFWL & Sons Inc., DBA McDonald’sBeth Hungate-NolandJoseph Jenkins, Jr. Funeral Home Inc.Benjamin J. Lambert IVDavid MaGuireGeorge MartinJoey MasonBrendan McCormickPete PalmeroStephen PopovichM.H. West & CompanyLee SwitzYalanda Taylor T. Rowe PriceThe Kleane Kare Team, Inc.The Shockey CompaniesTindall CorporationTo the Nines Scholarship Fund

2014 Annual Report 15

United Way of Greater Richmond & Petersberg

VentureRichmond Virginia Credit Union, Inc.Dr. John WestWilliams Mullen Foundation

$100 – 999BCWH ArchitectsBB&T Securities Jonathan Berryman Lawerence Robert Bolling John BorgardYvonne W. Brandon Dwight BrooksRev. Benjamin P. Campbell Mathew Coleman Robert CometAmy ConradDonna CopleyBarbara Couto Sipe Donna DockeryJohnise DuPreeEvelyn Edwards Jonathan FairJerald FinchJamelle Foster Christopher Freed Barbara Furhmann Sherry GardnerEsther HarlfingerDr. Monroe Harris Sonia HarrisCharles HendersonThe Honorable Tim Kaine

and Anne HoltonBeth JanusDelores JohnsonJanis JohnsonWilliam JohnsonOtis JonesRobley JonesRosemary JonesJanet Jorgensen

James KatzThomas Klein Ryan MannsMarkel Corporation Michael and Christine McKennaCheryl McQueenSamantha White MillerVaughn MitchellMartha Morrill Lela MorrisE. Blackford NolandOcean Construction Services, Inc.Janyce OlsonJohn OutlandScottie PateAngela RobertsLaurie Roszell

Sandra SiebenJonathan Soulen Dr. Laverne SpurlockDr. Donald SternJill StefanovichRay TarasovicRosalind TaylorDr. David TorainMichael TrottiBruce TylerJeffery WarburtonWilliam G. Reynolds Jr.

Charitable FoundationSuzanne WimettSarah WoodhouseBarbara Wright

Richmond Public Schools Education Foundation16

188,238 417,425 498,066 518,551 1,232,007 1,742,153

2013

201220112010

2009

2014

Fiscal Year Ended June 30, 2014

Financial Summary

■ Donations to Schools 550,145

■ Math Teacher Academy 409,927

■ MARSS 7,559

■ Middle School Renaissance 211,481

■ Teaching Innovation 27,250

■ Scholarships 82,764

■ Living Legacies 17,171

■ Operations 137,880

Total 1,444.177

Assets 233,311 681,964 640,737 1,556,012

Liabilities -2,707 -2,707

Total Net Assets $230,604 $681,964 $640,737 $1,553,305

SUPPORT Unrestricted Operations

Temporarily Restricted

Total All Funds

Programs Pass Thru

Total Revenue $227,617 $709, 432 $805,104 $1,742,153

EXPENSES Donations to Schools 550,145 550,145

Programs 20,421 735,731 756,152

Operations 137,880 137,880

Total Expenses $158,301 $735,731 $550,145 $1,444,177

Financial Position

Financial Activity

Total Support

by Fiscal Year, in dollars

Total Expenses

Fiscal Year 2014, in dollars

INSIDE BACK COVER— does not print —

301 North 9th Street17th FloorRichmond, VA 23219804.780.8623

www.RPSeducationfoundation.org