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De La Salle’s Financial Report
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The June 30, 2022 financial statement audit was completed in the Fall of 2022. De La Salle continues to be a high performer among its peers. Operational and financial strength remained strong in 2022 despite a challenging economy. This was primarily due to the generous contributions of donors, fiscal and operational stewardship, and the dedication of faculty, staff, and students.
$24,903,985 Total revenues, gains (losses) and other
Expenses
In 2022, De La Salle embarked on a two-year process to enhance compensation for faculty, staff, and coaches, to support both the retention and recruitment of dedicated Lasallian educators, as well as to keep up with the increased cost of living in the San Francisco Bay Area. In addition, these increases help bring De La Salle more in line with peer institutions.
Fundraising
Annual Fund Support
Our community is responding to the Advancement Team’s request for support of our Annual Fund which is critical to all of our programs. We cannot meet the needs of today without the support of many. More than $2 million was donated to De La Salle in FY22. The philanthropic support of our alumni, parents, and friends continues to make a significant impact on the lives of our students each and every day.
Other Financial Highlights from FY22
• Has provided resources to enable the increase in curriculum offerings to meet the needs and development of all students. (See story on page 2 “Premiere Learning Experience”)
• Awarded $4.2 million in financial aid to meet the needs of one in three students.
• Continues to invest in the De La Salle Learning Center, which continues to be a beacon for our young men. On average, more than 100 students utilize the facility each day.
