Donor Impact Report | 2021
T
hank you to the entire St. Andrew’s College community for your collective support and understanding as we navigated a challenging year. A read through this report provides a clear indication of how fortunate we are to have such passionate Old Boys, parents, and friends – something we do not take for granted. Our students have been reenergized by their return to school, and the campus is once again buzzing with activity in the classrooms, on the fields, on the stage, and in the boarding houses each evening. With more promising days ahead, we cannot wait to share in this excitement, together once again.
Greg Reid, P ’15, ’18 Executive Director of Andvancement & President of the SAC Foundation
DONOR PROFILE
J
ohn Stewart ’78 is adamant when he says he graduated to the world, not from St. Andrew’s. His rationale is that once an Andrean, always an Andrean. You never leave SAC behind. He has had a diverse and distinguished career in the Canadian Forces Primary Reserve that included full-time service overseas. He is a decorated serviceman and rose to the rank of Major. Recently retired following 42 years of service. Concurrent with his Army service, he has a civilian career and has been with TD Wealth since 2000, where he is an investment advisor. John traces his successes in life to the great lessons his parents taught him and everything he learned during his “five wonderful years” at St. Andrew’s. His time at SAC was chockfull of participation: Prefect, Cadet Commanding Officer, Fulford Debating Champion, House Captain, librarian, chapel boy, and producer of West Side Story in his graduating year. In fact, his yearbook quote in The Review offered an equation explaining his philosophy that stands true to this day: your involvement = many wonderful dividends. “It’s been alive since 1899. There’s always been somebody there who knew somebody who was there who knew somebody who was there. It never ceases to exist,” John says.
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I’m not donating to something I don’t belong to anymore. I’m donating to something that continues to build my life. – John Stewart ’78
“St. Andrew’s is the foundation that keeps being built because it’s all about the strength of the people who were there and what they become.” John is truly invested in keeping the school vibrant and vital. So true to his word, he has left a gift in his will to support future generations of Andreans. “I’m not donating to something I don’t belong to anymore. I’m donating to something that continues to build my life. There are other Andreans out there who are building the world the way I am. We might
not see each other, we might not even know each other, but we are Andreans.” This connectivity applies to all those who attended and have been associated with the school since its inception. “The St. Andrew’s gene pool involves anyone who’s served St. Andrew’s. You serve it as a student, you serve it as a teacher, you serve it as a governor, you serve it as a member of the Parents Guild,” he asserts. “You’ll never be alone in the world if you’re an Andrean.” An engaged and active student, John knew as a teenager he was part of something big, but like most young men, he didn’t understand the breadth and complexity of the network. “It wasn’t until I graduated that I understood there was an Andrean family. When you leave and come back for Homecoming, you look around and realize there are so many Old Boys, there are girlfriends of Old Boys, wives of Old boys, parents, parents whose kids who aren’t there anymore – you look around and, oh my gosh, I get it! This is bigger than I even thought!”
It’s not only the school and the students who benefit from John’s strong connection to St. Andrew’s. He explains multiple facets of his life, from his clients to the charities he supports, benefit from the values he learned at SAC that are still being passed on to current students. It’s the gift that keeps on giving. “The reason I give to St. Andrew’s is because it’s one of the biggest, most important things in my life,” he says. “I’m building much more than the endowment fund of the school. I’m building the world. I’m putting my investment into an entity that produces the best kind of people that the world needs.” Many generous donors work alongside John to help establish St. Andrew’s as a great school and send its graduates out into the world ready to give back themselves. “Anybody can build a building, but to build character, to build heart and soul is really the way ahead.” x
John as Cadet CCO in 1978; Review grad photo 1978
McLAUGHLIN HALL MAKEOVER
St. Andrew’s College Foundation Fundraising Facts & Figures Biennial Report 2019-2021
Gifts to SAC Foundation 2019-2021
Gifts from our SAC Community
Total Dollars Total Donations $7,300,000 Gifts to Programs & Traditions $1,800,000
Constituency
Participation Rate
Old Boys
10%
25%
Current Parents
75%
Designation
100%
Gifts to Endowment
$1,750,000
25%
Faculty & Staff
83%
Gifts to Capital Projects
$3,750,000
50%
Board of Governors
100%
Board of Trustees
100%
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Interesting Fact: Over the past two years, there were more than 1,350 unique donors who made a gift to St. Andrew’s.
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Interesting Fact: 26% of current students receive financial aid amounting to over $3 million each school year.
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Interesting Fact: The SAC Endowment Fund is comprised of 146 unique funds, designated for various purposes including scholarships, bursaries, Prize Day and Cadet awards, and programmatic funds.
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Interesting Fact: The Class of 1970 had the highest participation rate over the past two years, with over 41% of their class making a gift.
Endowment Update
Year Value Disbursement
The SAC Foundation was incorporated in 1962 and has since been the entity for accepting donations in support of St. Andrew’s College and maintaining a robust endowment fund portfolio. The endowment continues to grow each year through donations and earned investment income, while distributing approximately 4% annually to the College. The charts beside and below show the growth in the Endowment Market Value and Annual Disbursement over the past 20 years.
SAC Endowment Fund Market Value & Disbursement Last 20 Years
2021
$40,797,370
$1,463,800
2020
$34,561,826
$1,408,551
2019
$34,478,650
$1,341,448
2018
$32,777,955
$1,310,642
2017
$32,095,502
$1,255,337
2016
$30,431,865
$1,159,680
2015
$29,965,840
$1,059,973
2014
$28,560,885
$978,114
2013
$25,090,430
$930,564
2012
$22,919,278
$901,697
2011
$23,514,730
$889,868
2010
$21,334,855
$895,736
2009
$20,201,550
$882,353
2008
$22,715,098
$899,387
2007
$18,631,745
$845,000
2006
$17,841,074
$530,000
2005
$16,668,768
$525,000
2004
$15,685,969
$425,000
2003
$15,057,559
$350,000
2002
$13,967,097
$290,000
$1,600,000
$45,000,000
$1,400,000
$40,000,000
$35,000,000
$1,200,000
$30,000,000
$1,000,000
$25,000,000 $800,000 $20,000,000 $600,000 $15,000,000 $400,000
$10,000,000
$200,000
$5,000,000
$0
$0 ’02
Annual Disbursement
’04
’06
’08
’10
’12
Value
Disbursement
’14
’16
’18
’20 Market Value
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