2014

We, members of the St. James School Education Foundation, believe

firmly in the profound role of Catholic education in helping us fulfill our

parental obligation of forming children who follow Jesus Christ. We

recognize that Catholic education has been a special gift for the Church

in the United States, but in the last fifty years it has been threatened

financially, as demonstrated by closings of elementary and secondary

schools throughout the country. St. James School Education Foundation

was founded to secure the future of Catholic education in St. James

parish, ensuring that primary education, enlivened by our religious faith,

will be passed on to coming generations.

Building on the current success of St. James School, we strive to

provide for its financial security.

As part of ensuring the future of SJS, we recognize the need to invest

annually in the school. Mindful that the school’s faculty is its primary

strength, we support the school budget at a level that facilitates just

compensation for faculty.

The SJS programs and projects that SJSEF funds are designed to

enhance the education of all SJS students.

St. James School Education Foundation (SJSEF) passed three milestones this

year. One was reaching $1.5 million in assets. Our assets have allowed us to

make significant contributions to the school over the last five years, including

the following during the last fiscal year.

$80,000 for educational enrichment programs (see the graphs on the

following pages)

$22,630 for the purchase of 8th grade laptop computers

Sponsored a hands-on robotics program for all students

Sponsored a speaker on credit protection for parents

Clearly, the Foundation assets allow us to serve dual purposes: (1) providing

current educational program support that benefits all St. James students, as

well as (2) ensuring the future of a very high quality Catholic education in St.

James Parish.

Our second milestone was a decade of operations. When the SJSEF founders

began this organization ten years ago, they did so to ensure that St. James

School would continue thriving into the future. Since then, SJSEF has grown in

supporters, assets, and service to the St. James community.

Our third milestone is two advances in organizational maturity. Last year we

doubled the size of the Executive Board and sought a wider variety of

experience and leadership – educational, business, civic, finance, and church.

Also, two of the Executive Board members, Mark Sur and Lynn Busia, have

recently formed the 2020 Foundation Council that will develop a vision for

education at St. James in 2020.

These milestones mark progress in the life of SJSEF, but the true success of

the Foundation is seen in the vibrant participation of SJS parents and other

parish and community benefactors. In addition to supporting the mission of

SJSEF financially, many of our participants contribute their talent and time

through the work of the SJSEF boards and committees.

Today, the Foundation plays a vital role in the St. James Church and School

community, one that complements the Parent Association in supporting the

Principal and School faculty as they continue to make St. James a truly great

Catholic elementary school.

We wish to thank all of you who have helped SJSEF grow. Your financial

support really DOES make a difference. The School community will remember

all of our benefactors in their prayers. Please remember all the benefactors of

St. James Church and School communities in your prayers.

Gratefully yours,

Dan Houston, Ph.D.

EXECUTIVE BOARD

Lynn Busia

Philip De Souza

Stella Desjardins

Mary Hellen Diarte

Dan Houston

Msgr. Mike Meyers

Cindy Scotto

Mark Sur

12 month periods ending June 30, 2013 & 2014

2013 2014

--- ---

2013 2014

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5% Art

17% Field Trips & P.E.

44%

Spanish

8% Science

26% Music

12 month periods ending June 30, 2013 & 2014

$120,711 Individuals &

Corporations

$40,951 Investments &

Interest

33% Spanish

6% Science

16% Field Trips

& P.E.

4% Art

20%

Music

21% Technology

$86,707 Investments &

Interest

$114,243 Individuals &

Corporations

June 30, 2013 & 2014

Doubleline Total Return Bond Fun

Hussman Total Return Strategic Fund

Vanguard Short Term Investment Grade Bond Fund

First Pacific Crescent Fund

Hussman Strategic Growth Fund

T.Rowe Price Equity Income Fund

Templeton Global Bond Fund

June 30, 2013

June 30, 2014

Doubleline Total Return Bond Fund

Hussman Total Return Strategic Fund

Vanguard Short Term Investment Grade Bond Fund

First Pacific Crescent Fund

Hussman Strategic Growth Fund

T.Rowe Price Equity Income Fund

Templeton Global Bond Fund8%

8%

6%

21%

23%

25%

9%

25%

21%

7%

9%

5%

10%

23%

Exempt Status

St. James School Education Foundation is

classified by the Internal Revenue Service as a

public charity described in section 509(a)(1) and

170(b)(1)(A)(vi) of the Internal Revenue Code and

is exempt from taxation under section 501(c)(3) of

the Internal Revenue Code.

Federal Identification

Number

20-0992929

Mailing Address

St James School Education Foundation

4625 Garnet St

Torrance, CA 90503

Telephone Number

310-371-0416

Website

www.sjsef.org

Donations

Donations can be directed to the Foundation’s

mailing address or be made through PayPal by

visiting the Foundation’s Website.