St. Francis Prep Annual Report

Page 51

Please note: The value and/or investment returns of a portfolio will fluctuate in accordance with financial market conditions. St. Francis Prep’s Investment andscholarship Portfolio Manager is The Nolanway Group, 7 Dennin Drive, Albany, 11204. life and to sustain the Supporting an Advisor endowed is a powerful to make a difference in NY a student’s Audits Financial Reports are provided by Walter J.InCook ‘60, CPA. valuesand shared by Prep graduates everywhere. addition to providing a student with the support he or she needs to succeed, a permanent, endowed scholarship can immortalize the life and memory of a family member, favorite SFP teacher/administrator or classmate. What a wonderful way to pass along the gift of a Franciscan education!

The George Dillman ’00 Memorial Scholarship Fund

The Corbisiero Family Scholarship Fund Opening Fund Balance as of Sept. 1, 2010:

$161,527

2010-11 Contributions and Investment Income:

$39,853

2010-11 Scholarship Awards and Disbursements:

(-----)

Closing Fund Balance as of Aug. 31, 2011:

$201,380

Established through the generosity of Anthony Corbisiero ’78 and his family (with matching gifts provided by the George Soros Foundation), this scholarship fund will soon provide assistance to many deserving St. Francis Prep students in perpetuity.

Opening Fund Balance as of Sept. 1, 2010:

$16,023

2010-11 Contributions and Investment Income:

$11,049

2010-11 Scholarship Awards and Disbursements:

(-----)

Closing Fund Balance as of Aug. 31, 2011:

$27,072

George Dillman ‘00, an employee of Con Edison, died in an explosion as he was carrying out routine electrical maintenance work in a manhole in 2008. He was 26 years old. His colleagues at Con Ed, along with Dillman family members and friends organized a golf outing in his memory. Each year, the proceeds of the golf outing as well as other donations received throughout the year are directed into the building of the George Dillman ‘00 Memorial Scholarship Fund at St. Francis Prep.

The Captain Vincent Giammona ’79 Memorial Scholarship Fund

The Martin Doherty ’76 Memorial Scholarship Fund Opening Fund Balance as of Sept. 1, 2010:

$35,497

Opening Fund Balance as of Sept. 1, 2010:

$54,780

2010-11 Contributions and Investment Income:

$5,113

2010-11 Contributions and Investment Income:

$6,983

2010-11 Scholarship Awards and Disbursements:

($500)

Closing Fund Balance as of Aug. 31, 2011:

$61,263

2010-11 Scholarship Awards and Disbursements: ($5,000) Closing Fund Balance as of Aug. 31, 2011:

$35,610

This fund was established by Michael Doherty ’77 in memory of his brother, Marty, who was tragically killed in 1980. Marty played football and rugby as a student at Prep and graduated in 1976. His brother, Michael, who lives in Texas, together with other family members, classmates and friends, continue to honor Marty’s memory through this scholarship fund.

Vincent Giammona was a very high-spirited and well-liked student who participated in the Track program while at Prep. On September 11th , Vinny and more than 300 of his FDNY colleagues lost their lives in the WTC rescue efforts.This annual scholarship award will be made to current member of the SFP Track & Field Team. Preference may be given to children of Firefighters, Police Officers and/or Military personnel.

St. Francis Preparatory School 2010-11 Annual Report

49


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