23-24
LETTER FROM THE
QueridosPadresyMiembrosdelaComunidadEscolardeBaldwin
Nos encontramos en un momento especial para reflexionar sobre los desafíos superados, celebrar los logros alcanzados y sobre todo, reafirmar nuestro compromiso de seguir avanzando con fuerza y convicción En esta ocasión es un honor presentarles nuestro Informe Anual 2023/24, un documento que encapsula el esfuerzo colectivoyladedicaciónquehanimpulsadoanuestracomunidadanuevasalturas.
A través de este informe, queremos ofrecerles una visión completa de nuestras operaciones, destacando tanto elcrecimientoylosavanceslogradosennuestrasáreasacadémicasyextracurricularescomolosproyectosque estánampliandonuestramisiónhaciaunimpactomásalládelaspuertasdeBaldwin.
Con ese espíritu, me complace hablarles sobre el Center for Research & Innovation at Baldwin (CRIB), un proyectoquerepresentaelcorazóndenuestravisióneducativamoderna.ElCRIBeslarealizacióndeunsueño: el de ofrecer a nuestros estudiantes, y a la juventud de Puerto Rico, un espacio de aprendizaje excepcional, donde puedan desarrollar las habilidades y competencias necesarias para contribuir activamente a la sociedad del siglo XXI. Este centro es más que una infraestructura; es una puerta abierta para que la juventud de toda la islaaccedaaoportunidadesque deotramanera,seríanlimitadas.
Como institución educativa, tenemos la responsabilidad de ofrecer el más alto nivel académico y al mismo tiempo, compartir nuestros recursos y logros con la comunidad en general. Este es nuestro compromiso. Nuestra misión es trabajar hombro a hombro con otros sectores y comunidades, sumando esfuerzos para construir un futuro mejor para todos. Creemos que la educación es el pilar fundamental de cualquier sociedad que aspira a prosperar, y, en ese sentido, estamos comprometidos a que el CRIB no solo beneficie a nuestros estudiantes,sinoquetambiénseaunrecursoparaeldesarrolloycrecimientodetodanuestraisla.
Gracias, una vez más, por la confianza que depositan en nuestra institución y por su constante apoyo Es un honor seguir construyendo juntos, seguros de que, con su respaldo, lograremos alcanzar nuevos horizontes. Sigamossoñando,trabajandoy,sobretodo,inspirandoalasgeneracionesvenideras.
Congratitudyorgullo,
JoaquínBacardí
PresidentedelaJuntadedeDirectoresylaCorporación
LETTER FROM THE
Dear Baldwin Community
On behalf of all of us who work, learn, and grow each day at Baldwin, I want to express our profound gratitude from every school constituency – students teachers, parents, grandparents alumni, parents of alumni, trustees, and staff – who made 2023-2024 such a powerful year for Baldwin. Through your donations, time, ideas and energy, Baldwin continues to be an environment where our students engage in critical thinking and make a positive impact on the world around them.
Your generosity reaches every facet of our School's educational operations. Consistently spirited and unpredictably inventive at times in their ambitions, our students and teachers continuously open new pathways for learning and growth. Spend time at a Town Hall, lunch recess, or in any of our classrooms and you’ll experience firsthand the vitality and promise that shape our vision for tomorrow.
Amid all this progress, the key indicators of our schools enduring strength remain solid Interest in admissions to Baldwin is exceptionally high- attracting diversely talented students from both near and afar. At the other end of our student spectrum, our Seniors continue to earn acceptances to a powerful array of colleges and universities. Most importantly, our alumni from the last four years studying at institutions around the world, report to us a life of preparation and meaning both in and out of the classroom.
I cannot adequately express my gratitude for your unwavering generosity of spirit In the year ahead, as we bring to life the noble aspirations of our mission, and expand with 17,000 square feet dedicated to innovation and interconnectivity, I am hopeful that you will find your commitment to Baldwin School as a meaningful and worthy investment in its future.
See you on campus
Greg L. MacGilpin, Jr. Head of School
Mr Gamaie Rivera FnanceDirector
Mr Ange DrectorofFac
Mr GregMacGipin Jr Heado Schoo
Mrs LauraMaristany DrectorofStudes
Mrs MelinaMendoza 03 DevelopmentDi ector
Mrs AieenRodrguez DrectorofAdmssons
Mr JoséLuisRodrguez DrectorofTecnoogy
Mrs CarolaAcosta Pre-Schoo Prncpa
Mrs DoraRamírez MddeandUpperSchoo Princpal
Mrs SarahLoinaz 96 EementarySchoo Prncpa
Mr PedroGonzáez AthetcDrector
Mrs AeidaArbona Secreta y
Mrs DoraMonserrate-Peñagaríc GovernanceOf icer
Mr JoaquínBacardí Charperson
Mr AntonioFerré-Rangel VcePresdent
Mrs AlexandraCalderón Treasurer 23-24
Mr DaríoOchoa
Mr CameronMcKenzie
Mrs SoniaLátmerdeCaso
Mrs CarlaBacardíMenda 11
Mrs VvianBenítez HumanResourcesDrecto
Mr Wil Febbo Treasu er 24-25
REPORT
The Baldwin School of Puerto Rico is a 501(c)(3) non-profit institution, incorporated in Puerto Rico and governed by a volunteer school board that serves without remuneration. All financial surpluses are reinvested exclusively for the betterment of the school. The chief operating officer/chief financial officer, under the direction of the head of school, oversees the implementation of board decisions and ensures that resources are managed efficiently and responsibly. Baldwin maintains high standards of financial accountability and transparency in all operations.
For the 2023-24 school year, the audited financial results compared favorably to the boardapproved budget from December 2023. Revenues exceeded expectations, driven by strong enrollment numbers. However, operating expenses were higher than budgeted due to increased salaries and benefits to support enrollment growth and the impact of inflation Additionally, unexpected costs were incurred for property demolition and relocation related to LUMA, contributing to delays in the CRIB project construction
Annual operating surpluses are primarily allocated to capital purposes, such as maintaining and upgrading facilities, playgrounds, AC unit replacements, and advancing major projects like the CRIB. With board approval, surpluses may also be transferred to the school’s reserves, which are prudently invested to ensure the school’s long-term financial stability and to fund future infrastructure and scholarship needs. Gifts and donations remain vital to funding largescale capital initiatives and scholarship programs, reflecting the community’s collective commitment to Baldwin’s mission and future.
$15,124,314
$15,124,314
OUR
Since its founding in 1968, Baldwin has been dedicated to serving the greater San Juan metro community by providing forward-thinking education. This vision became a reality through a collective community effort, raising the initial $210,000 needed to establish a brand-new educational institution. Over the past 56 years, Baldwin has remained true to its not-for-profit roots. Today, as the largest IB World School in Puerto Rico and the Caribbean, the spirit of philanthropy remains essential to our mission and growth.
We extend our heartfelt gratitude to all Baldwin supporters. Together, our donors foster a vital culture of philanthropy, sharing a common commitment to inspire investment in Baldwin’s future. Just as past generations laid the foundation for the spaces we now cherish, we build today to ensure a vibrant future for tomorrow’s students.
Last year, our community raised over $484,550 for the Annual Fund and CRIB initiatives, with parent participation reaching 535% Additionally, 100% of our Board contributed to the CRIB and Annual Fund, with the largest portion directed toward our Scholarship Fund.
FUND
Imagine What We Can Do Together
With the support of our incredible Baldwin community, this year’s Annual Fund empowered dynamic arts and athletics programs, advanced educational research and design, expanded community engagement initiatives, and provided scholarships for deserving students. Together, we nurtured the imagination and innovation that define the Baldwin spirit, investing in every student’s limitless potential. Thank you for lighting the way toward a brighter, more hopeful future
The BWN Club initiative is a growing group of donors dedicated to supporting Baldwin’s mission to lead the way in education in Puerto Rico. By committing to a monthly recurring gift to the Annual Fund, BWN Club members help fuel value-added programs and initiatives.
$186,783
FUND
360 Risk Solutions
• ABC Sports, Corp.
• Ad Astra Solutions
• Norma Alonso
Bacardí Menda ‘11
• Aleida Arbona Torres
• Autos Vega
• Eduardo Bacardí ’11 & Carla
• Jean Almodóvar Tirado ‘14
• Joaquín & Sonia Bacardí • Marcelino Bellosta • Michael
Berezdivin ‘07 & Raquel Franco
Levis
• Carlo Boulos
Silvia Bonachea
Casas Fortuño
Restaurant
• Andrew & Samantha Binetter
• Daniel & Pamela Brian
• Alexandra Calderón
• Javier Bou & Mariela
• BWN Class of 2023
• Eduardo Cabrer &
• Caribbean Maxillofacial Group • Carolina
• Marlon Carrillo & María del Carmen Del Llano
• Javier Cintrón ‘95 & Michelle Vento
Sailhamer Anadón
Equipment Finance, Inc.
Pérez & Brighid Drain
Monserrate
• Arturo Colón & Mayra Maldonado
• Condado Windows
• Sarah DeBergalis ‘98
• Cien Vinos
• Felix Colón Serrano & Desiree
• Jairenne Colón
• Rey Contreras
• Commercial
• Francisco Córdova
• Defense Puerto Rico
• Luis De Orbeta & Dora Ramírez
• Pedro Díaz & Liliana Miranda
• Lawrence Duffy
• Esco Group Inc
• Francisco Díaz & Dora
• Delgado & Fernández, L.L.P
• Allyn & Margaret Dimock
• Claudia Drury ‘99
• William & Vanessa Febbo
• Efrain Feliciano & Angie Pérez-Cisneros
Collazo
• António Ferré Rangel & Irene Rivera
• Bernardo Fiol & Sylma
• Juan Carlos Fontánez ’04 & Judith Santiago Medína ’04
• Eric García Rivera & Dayanik Córdova Marrero
• Benjamin & Elizabeth Gerber
• Omar Gómez & Rosaly
Rodríguez
• Ivan González Cancel & Carmen Alicea
Mendoza ‘03
• Mike & Tina Hodges
• Keep Clean, LLC
• Nelson Hérnandez & Melina
• Laboratorio Clínico Toledo, LLC
• Abraham Laclaustra
• Darren & Jessica Laird
• Sonia Latimer de Caso
• Waikit & Karen Lau
• Juan Ledesma & Natali Zaiter
• Francisco López & Joselyn Maymo
• Greg
MacGilpin, Jr & Melissa Macomber
• Derik Marrero & Sofía García
• Marsh Saldaña, Inc
• MCA Solutions LLC
• Cameron McKenzie & Stephanie González
McKnight Victor Mendoza & Claudia Schwartz Mendoza
• David & Felice
• José Orlando Mercado & Erin Moran
González
Colón ‘00
• Angel Muñiz Suarez & Nicole Ponce
• Danny & Sara Muskrat
• Angel Muntaner & Denise
• Francisco Navarro Sertich & Carmen Deseda
• Javier Nazario & Elimari Sánchez
Dario Ochoa & Liliana Emanuelli
• Joshua Nieves ‘02
• Nouvelle D’Spa
• Jorge Páez & Aileen Rodríguez-Saldaña
• Anthony Pierluisi ’01 & Gabriela Soler
Pramoda Anthony & Cecelia Puopolo
• Maícha Porrata
• Elaine Reyes Bisbal
• Anita
• Douglas & Trudy Pennock
• Miguel Rivera Arce & Michelle Castellanos Martín
• Betzaida Rivera Montalvo
Rincón • Luis Rodríguez & Laura Ramos
Sánchez Vivaldi & Juliana Figueroa
Mike Soto-Class ’87
Christine Suh
Hanna Toro
Home
• Rosaly Rodríguez
• Samuel Rivera & Cheryl
• Ron del Barrilito
• Jorge
• Omar Baruch Santiago ’00 & Amelia O'Neill ‘98
• Space Innovations
• St. James Security Services, LLC
• Alejandro Talavera Correa ’14
• USIC
• Joe & Anna Trenkle
• Spencer Vanbever & Carla Bravo
• Javier Vázquez
• Robin &
• Anthony &
• Windmar
FUND
GREASE @ DISTRITO T-MOBILE
From April 17 to 20, a delegation of 65 Baldwin athletes, joined peers from five other international schools in their first international sports championship tournament in the Columbus School in Medellin, Colombia.
On May 10, our students proudly showcased their spring play at Distrito T-Mobile, marking an exciting milestone as it was the first time a school production had been held at this vibrant venue.
Impact: Impact:
Baldwin athletes achieved the Best Delegation Award at their first international tournament showcasing the spirit of excellence and collaboration we nurture. This victory elevates our school’s athletic program and strengthens the bonds within our diverse community, inspiring students to pursue their passions with confidence.
This memorable event celebrated the hard work and artistry of our performers, embodying the spirit of inquiry, creativity, and collaboration. It reflects our commitment to fostering a holistic educational environment where students can thrive and express themselves fully.
Con el apoyo adicional de una subvención de la Fundación Titín, el Instituto de Verano ha sido rediseñado para capacitar e incorporar prácticas de enseñanza innovadoras y el "Design Thinking" o pensamiento de diseño, para maestros de escuelas públicas.
Impacto:
Integrar prácticas de instrucción innovadoras y el pensamiento de diseño empodera a los maestros de escuelas públicas con enfoques modernos que fomentan la creatividad, el pensamiento crítico y la resolución de problemas, mejorando los resultados educativos en toda la comunidad.
Two Playgrounds for our Primary Years Program are reimagined and built to increase capacity and imagination.
Impact:
These playgrounds support students’ physical development, improve motor skills, and encourage teamwork and problemsolving through group play. Beyond physical benefits, the playgrounds contribute to students’ mental well-being.
INSTITUTO DE VERANO
CISA - SPORTS TOURNAMENT
SY 2023-2024
YEARS
SINCE INCEPTION 26
$385,616
AWARDED IN FINANCIAL AID & SCHOLARSHIPS
BALDWIN SCHOLARS 13
CONCEPT TO REALITY
TheCenterforResearchandInnovationatBaldwin(C.R.I.B.)integratesdesignthinkingintoour IB programming, empowering the next generation of innovators. This 17,000 sq. ft. facility transforms education with maker spaces, a high-tech fabrication lab, and enriched Mathematics and Science programs, while extending community impact through weekend andsummerinitiativesforpublicschoolstudentsandteachers.
As Puerto Rico’s leading college preparatory incubator, Baldwin equips students with the critical skills to tackle global challenges. The CRIB fosters collaboration across diverse sectors, drivingreal-worldsolutionsandshapingvisionaryleadersforthefuture.
FUTURE PLANNING NOW
$10,411,900
FUTURE PLANNING NOW
Convert current network with underground state-of-the artoptic lines for maximum redundancy, 10GB internet speed with capacity up to 100GB.
Transform the library into a dynamic, inspiring hub at the heart of our PYP, fostering curiosity, creativity, and a love for lifelong learning.
Enhance existing 20,000+ sq. feet of outdoor courts with a new roof, state-of-the-art lighting, and improved ventilation, transforming them into a premier, all-weather athletic space.
Reimagining and redesigning spaces to enhance services and provide enriched, transformative opportunities for our youngest learners to thrive and grow.
CLASS OF
UNITED STATES: New York University (14) • Saint Josephs University (7) • Boston College (11) • The George Washington University (9) American University (5) • Fordham University (13) • Loyola University Chicago (2) • The University of Tampa (9) • University of Pennsylvania (4)CatholicUniversityofAmerica(3)•FloridaInternationalUniversity(3)•AmericanUniversity(5)•NortheasternUniversity(7)•Northwestern University (3) • Boston University (3) • Case Western Reserve University (3) • Harvard University (4) • Purdue University-Main Campus Rensselaer (4) • University of Miami (4) • Tulane University of Louisiana (2) • University of Chicago (2) • Georgia Institute of Technology (4) UniversityofConnecticut(4)•UniversityofPittsburgh-PittsburghCampus(3)•YaleUniversity(4)•BarnardCollege(2)•BentleyUniversity(2) Brigham Young University-Provo (2) • Brown University (4) • College of the Holy Cross • Columbia University (1) • Dartmouth College • EmbryRiddle Aeronautical University - Daytona Beach • Emerson College (2) • Loyola University New Orleans (2) • Sewanee: The University of the South (2) • Suffolk University • Tufts University(3) • University of Florida(2) • University of Massachusetts-Amherst (3) • University of Notre Dame(4)•Villanova University(3)•WakeForestUniversity(3)•WashingtonUniversityinStLouis(2)•AmherstCollege•Babson College (6) ClarkUniversity•DePaulUniversity•DrexelUniversity(2)•EmoryUniversity(4)•FairfieldUniversity•HaverfordCollege•IowaStateUniversity (2) • Georgetown University • Johns Hopkins University • Marist College(2) • Pace University - New York City • Rensselaer Polytechnic Institute Rider University • Roger Williams University • Savannah College of Art and Design (3) • University of California - San Diego (2) • University of Michigan(2) • University of San Francisco • Lawrence University • Pratt University • Rollins College • University of Alabama @ Birmingham University
81,926
OUR MISSION
As leaders in independent education in Puerto Rico, our mission is to offer a challenging and diverse learning environment that fosters independent and ethical thinking through critical inquiry, honest reflection, and positive action.
LEGAL ADVISORS: Delgado & Fernández, LLC
AUDITORS: Galíndez, LLC
BANKING RELATIONSHIPS:
FirstBank; City National Bank; Banco Popular
INVESTMENT ADVISORS:
UBS Group
In accordance with Board policy, any annual surplus or deficit realized in the School's consolidated accounts accrues to the School alone. It is the responsibility of the Board to direct the management of such surplus or deficit in a fiscally prudent manner that serves the best interests of the School, both short and long term
PROGRAMS AND ACTIVITIES:
The Baldwin School of Puerto Rico, a private, preschool through grade 12 school in Bayamón, focuses on growth, development, and cultural awareness and is an International Baccalaureate World School. For more information, visit www.baldwin-school.org.
GOVERNANCE AND LEADERSHIP
The Board of Directors held 10 scheduled board meetings during the fiscal year 2023–24. Board members served on a voluntary basis. Life Members of the Corporation held an annual meeting for the school 23-24 in June 2024
RESERVES POLICY
The School maintains operating reserves to cover a minimum of six months of operating expenses, as well as capital reserves to fund the renewal of buildings and other infrastructure projects that are in the best interests of the School consistent with the aims and objectives established by the Board.
The Baldwin School is accredited or a member of the following organizations:
