mb annual report 2013-14

16
QUAKER COMICS DEC 2014

Upload: moses-brown-school

Post on 07-Apr-2016

218 views

Category:

Documents


1 download

DESCRIPTION

Moses Brown Looks at the Books: annual report for Moses Brown School, 2013-2014, second in MB's Quaker Comics series.

TRANSCRIPT

QUAKER COMICS

DEC 2014

Mos

es B

row

n Re

unio

n

May 9, 2015 Classes ending in 0s & 5sCome celebrate with us!

Obadiah Brown Wants You!

The Obadiah Brown Society recognizes individuals who have included a bequest – of any amount – to Moses Brown in their will.

Call Perry Buroker at 401-831-7350 x289 or email [email protected] to learn more.

What’s your MB legacy?MOSESBROWN.GIFTPLANS.ORG

Moses??

what are you doing

back here?

I've been thinking about the amazing things you've done with my school. As MB's first

treasurer, it occurs to me that I don't know much about its financial health.

Well, if you'd like to know more, I can introduce you to

the experts. Come with me...

This is shaun buckler, our director of finance

and operations.

Matt tells me you can illuminate our school's finances.

we take pride in being transparent

with our bookkeeping.

this is hugh madden, director of admissions.

Sir, It's an honor.

As you can see, moses, with an average enrollment target of 766, we stayed strong through a difficult recession.

...but to do that, we had to provide a lot more financial aid to a lot more people, both to enroll talented new students and retain current families.

matt, I don't see how this is

sustainable without some other source

of income.

you're absolutely right.

let's go talk to ron dalgliesh, director

of development.

The marketplace clearly appreciates the value of a moses brown education, as applications are up to 493 from a recession-low of 460, and are on track to top our pre-recession goal of 500.

And our attrition rate is only 5%, well below the 8-9% industry average. So we know families continue to perceive value once they're here.

the recession required that we offer financial aid to many families who never needed it before. that is especially hard here, since we're 89% tuition-dependent, and The financial aid budget is 12.6% of our total revenue.

the parents of the class of 2014 raised a record $1.94 million for the Senior Parent Gift, with 87% participation…

Russ carpenter '59 gave $3.6 million to endow a program in world-class teaching...

and dean woodman '46 pledged $5 million for the woodman community and performance center.

...and we raised over $1 million last year for the moses brown fund.

an anonymous donor gave $1.5 million for a sailing and marine education center on narragansett bay...

Hi moses, let's talk

fundraising.

what kind soul gives $1 million to the Moses Brown

Fund?

oh it's not one person--it's a

team effort by alumni, parents,

grandparents, and so many more. everyone gives what they can,

and it adds up fast.

"Moses Brown provided us with an exceptional academic experience. MB is a community and our relationship with the school didn't end at graduation. we support MB so it can continue to provide that experience to today’s students." -Matt ’95 and Jessie ‘97 Cornelius

“Growing up in Portugal, I was given a wonderful opportunity to get an education through scholarship. It changed my life. Now that I’m here at MB, I give to help the students at Moses Brown.” - Joseph Ribeiro, Athletic and Physical Education Equipment Manager

2013-2014 Fundraising Efforts

$13.85m Total fundraising -a new record!$1.019m MB Fund -Second best year ever!

1,704 Total Contributors815 Alumni423 Current Parents253 Parents of Alumni124 Grandparents100 Faculty & Staff

370 Front Circle Society ($1000+) contributors -a new record!

"From exceptional teachers to project-based learning to instilling integrity and a sense of community into our children, Moses Brown is shaping the leaders of the future. Contributing to the Moses Brown Fund is our small way of helping make those possibilities a reality.” -Meg and Kent Tunnicliffe P’21

you see, these gifts to the moses brown fund are invested in some of our most important day-t0-day work, including...

institutions much younger than ours have significantly larger endowments, but we hope to double our endowment via fundraising over the next 3-5 years.

Wow, matt. this is a robust

fundraising enterprise. the endowment must be

fantastic.

Actually, moses, it's quite low for an institution of our

vibrance and longevity.

but we have a great group of alumni working hard on our

investment committee to grow the existing

endowment.

i see. so Fundraising and

endowment covers what tuition can't?

for faculty support... ...and scholarships that will continue in perpetuity.

exactly. Last year the endowment

provided $736,000 for very specific pieces

of the budget.

Many endowed funds support educational programs…

like the class of 2011 fund that supports service-learning initiatives.

like the leonard miller '51 fund that provides unique travel and study opportunities for our teachers.

Such as the evan spirito '06 fund established in evan's memory by his family and friends.

well,

matt, this is a

solid financial

picture, and you've

laid some bold

plans.

thank you, sir.

but if I may be candid, I think you'll need to raise

some more money.

you know, moses, i think you're probably right. In

fact, I've been thinking...

Moses??well, see you around,

i guess...

MOVED

BY

MOSES

BROWN

WORLD-CLASS TEACHING AND ACADEMICS (40%)

OPEN ACCESS: SCHOLARSHIPS (20%)

ATHLETICS, THE ARTS, AND FRIENDS EDUCATION (20%)

OUR HISTORIC CAMPUS (20%)

HOW YOUR GENEROSITY KEEPS MB MOVING

Your annual gift to The Moses Brown Fund places you in a unique partnership with thousands of others to make one of the largest gifts to the school each year—about $1 million—creating a powerful engine for growth, innovation, and sustained excellence. We invest your Moses Brown Fund contribution in four strategic areas to advance the priorities of MB Believes: a vision for learning, people and place as follows:

WHAT MOVES HILARY MAJOR

MO

VED

BY S

TUD

ENTS

PLEASE MAKE YOUR GIFT NOW!

Give online: mosesbrown.org/onlinegiving

Or call MB at (401)831-7350 x196

“We have a phenomenal faculty at Moses Brown. The atmosphere is

inspiring and keeps me growing as a teacher. But, I have to say, we also get

incredible students. They’re very demanding of us as faculty. They come here really wanting

something, and they never give us a break—and that’s a good thing.”

“This summer, I spent ten days on a school trip, backpacking in Colorado. I was motivated to do that for one reason: because

it meant I got to spend time with students.”

Moses Brown by the numbers12,823 children educated231 years in business118 teachers spent 20+ years at MB7 strategic priorities

Community & Performance CenterExpert Thinking Model Young Learners CenterWorld-class TeachingOpen Access: ScholarshipsTRIPsiLab

1 learning community we all love!

Produced by Moses Brown School December 2014

Moses Brown School250 Lloyd Ave Providence, Rhode Island 02906-2398