ECFS
E T H I C A L C U LT U R E F I E L D S T O N S C H O O L A nnual R e p ort 2014-2015
Contents
01 Letter from the Head of School 02 Message from the Board of Trustees 03 Financial Update 04 Celebrating Our Parent Volunteers 06 Recognizing Our Alumni Volunteers 09 Donors to the ECFS Annual Fund 28 Parent Giving by Class 38 Form VI Gift 42 Alumni Giving by Class 51 Parents of Graduates, Grandparents, and Friends
55 Faculty and Staff 56 Matching Gifts 56 Special Initiatives 58 Tribute Gifts 65 Felix Adler Circle 67 Annual Benefit
ECFS
LETTER FROM THE HEAD OF SCHOOL
educating and empowering the ethical leaders of tomorrow
With a clear mission that has remained unchanged since Felix Adler founded the school 137 years ago, Ethical Culture Fieldston’s highest purpose is to educate and empower the ethical leaders of tomorrow. We do this through a creative, rigorous curriculum that marries skill-building with critical thinking and learning-by-doing. Our faculty lead the way in progressive education and all that it entails: creative vigor, interdisciplinarity, service learning, global perspectives, and multiculturalism. In alignment with the collective long-term goals of our Strategic Plan, we are re-envisioning the school’s progressive educational roots to meet the demands of the 21st century. Concurrently, we are working to revitalize Felix Adler’s ethical imperative to ensure that it is manifest in all that we do, as well as nurturing and sustaining our resources, both human and material.
As we settle into another academic year, it is fitting to reflect on the accomplishments of the past 12 months to provide inspiration for the future. We have made great strides in the past year, and I want to express my gratitude for your generous support in making them possible. Building on the positive momentum of our achievements, we are well-positioned for the year ahead. I hope you will partner with us as we plan for a promising future.
Damian J. Fernandez, Ph.D. Head of School
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message from the board of T R U S T E E S
THANKS TO OUR GENEROUS COMMUNITY
Dear Members of the ECFS Community, Looking back on the 2014-2015 school year, we are deeply appreciative of all that this community has accomplished. As this report highlights, our school is in excellent financial health thanks to thoughtful budgeting by our administrative team, attentive stewardship from our Finance and Investment Committees of the Board, and the generosity of parents, alumni, grandparents, and friends. We have made meaningful progress to implement our Strategic Plan. In November 2014, the Board of Trustees approved capital projects to advance the programmatic goals of the Plan. These projects include the Fieldston Lower Adler Lab, renovation of the Tate Library, and longer term plans to develop new space for interdisciplinary work on the Fieldston campus and Robert A. Pruzan ’81
Paul Schnell ’72
improvements to the Ethical Culture building.
Also over the last year, the Board implemented extensive changes to its governance practices, including moving from a co-chair to a single chair of the Board, imposing term limits on Board tenure, and electing a total of 11 new Trustees for the new year. We finished our term as co-chairs in June 2015 and welcome our successor, Caryn SeidmanBecker. Caryn is the parent of three ECFS students and has served with distinction in numerous leadership positions on the Board. We thank all of the donors listed on the pages of this Annual Report for your contribution of time, work, and resources to further our school's mission.
Robert A. Pruzan ’81 Paul Schnell ’72 Co-Chairs, ECFS Board of Trustees 02
E T H I C A L C U L T U R E F I E L D S T O N S C H O O L A N N U A L R E P O R T 2014-2015
F I N A N C I A L U P D AT E
TOTAL OPERATING REVENUE: $74,280,000 Tuition & Fees $60,923,000 82% Tuition & Fees $60,923,000 82%
supporting the mission
Unrestricted Giving $4,740,000 6% Unrestricted Giving $4,740,000 6% Investment Income $4,328,000 6% Investment Income $4,328,000 6% Fees and Other Income $1,334,000 2% Fees and Other Income $1,334,000 2% Restricted Funds for Operations $1,325,000 2% Restricted Funds for Operations $1,325,000 2% Related Programs $1,630,000 2% Related Programs $1,630,000 2%
ENDOWMENT 2015
$
91,868,000
TOTAL OPERATING EXPENSES: $74,639,000
FINANCIAL AID 2015
$
Instruction/Pupil Support $31,665,000 42% Instruction/Pupil Support $31,665,000 42% Employee Benefits $11,451,000 15% Employee Benefits $11,451,000 15% General Operations $11,418,000 15% General Operations $11,418,000 15% Facility Services $10,288,000 14% Facility Services $10,288,000 14% Depreciation & Amortization $5,602,000 8% Depreciation & Amortization $5,602,000 8%
12,554,000
Interest Expense $1,367,000 2% Interest Expense $1,367,000 2% Fiscal Services $1,579,000 2% Fiscal Services $1,579,000 2% Related & Auxiliary Programs $1,269,000 2% Related & Auxiliary Programs $1,269,000 2%
ANNUAL FUND
5
0
2015: $4.24 Million
5
TOTAL GIVING: $10,437,662
2014: $4.17 Million
5
2013: $3.91 Million
0 2012: $3.71 Million
5
0
2011: $3.40 Million
* Subject to final audit
Restricted Giving $4,356,491 42% Restricted Giving $4,356,491 42% Annual Fund $4,242,506 40% Annual Fund $4,242,506 40% Special Events $920,590 9% Special Events $920,590 9% Programmatic Funds $604,023 6% Programmatic Funds $604,023 6% Promises to Keep $210,000 2% Promises to Keep $210,000 2% Endowment $104,052 1% Endowment $104,052 1%
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DONORS TO THE
ECFS Annual Fund
The Annual Fund is a vital source of support for ECFS and is a way for alumni, parents, and friends to sustain and advance the school’s mission. Gifts made to the Annual Fund are unrestricted and provide the school with the greatest gift of all: flexibility. Through your generosity, ECFS is able to provide financial aid to students, opportunities for faculty development, funds to improve technology, additional support for co-curricular activities, and improvements to our campuses.
O u r Fa mi ly T ree: The Loyal Oaks and Acorns of ECFS
A
A
ECFS relies on the support of our generous donors, and we are so grateful to those parents, alumni, grandparents, and friends who participate in the life of our school. Throughout
this Annual Report, you will notice an oak tree next to the names of our Loyal Oaks, indicating those who have contributed to the Annual Fund for 10 or more consecutive years. We have “branched out” to the Acorns, and are honoring donors who have contributed to the Annual Fund for five or more consecutive years. At Homecoming each fall, we host a special recognition brunch for all Loyal Oaks to thank them for their support.
Please know that every attempt has been made to ensure the accuracy of donor lists. However, errors do occur, and we wish to apologize for any inconvenience they may cause. Should there be a discrepancy, please call the Office for Institutional Advancement and Alumni at (212) 712-6245 with corrections.
generosity 09
Ethical Culture Fieldston School 33 Central Park West New York, NY 10023-6001 (212) 712-6245 phone (212) 712-8442 fax www.ecfs.org HEAD OF SCHOOL Damian J. Fernandez, Ph.D. OFFICE for INSTITUTIONAL ADVANCEMENT AND ALUMNI Whitney Namm Pollack Director, Institutional Advancement and Alumni Maria Asteinza Assistant Director, Communications Victoria Felix Database Services Manager Meredith Halpern Director, Communications Toby Himmel Director, Alumni Relations Samantha Miller Kagan ’03 Assistant Director, Special Events Juliet Kline Development Officer Sandra Midkiff Deputy Director, Development Meghana Nene Assistant Director, Parent Giving Leya Petrovani ’10 Assistant Director, Alumni Giving Ruth Samuelson Coordinator, Communications
BOARD OF TRUSTEES 2014-2015
ECFS P+T EXECUTIVE COMMITTEE 2014-2015
Executive Committee
José L. Santos, Chair Ellen Cohen, Officer Jennifer Leuba, Officer Marie Amerasinghe, Ethical Culture Division Co-Chair Elizabeth DeMaso, Ethical Culture Division Co-Chair Rebecca Kendall, Ethical Culture Division Co-Chair Cindy Bautista-Thomas, Fieldston Lower Division Co-Chair Jim Bracchitta, Fieldston Lower Division Co-Chair Nina von Moltke, Fieldston Lower Division Co-Chair Laura Gewirtz, Fieldston Middle Division Co-Chair Lucy Santos, Fieldston Middle Division Co-Chair Laura Siskind, Fieldston Middle Division Co-Chair Cory de Armas-Kendall, Fieldston Upper Division Co-Chair Patty Nasey, Fieldston Upper Division Co-Chair Chris Stokes, Fieldston Upper Division Co-Chair
Robert A. Pruzan ’81, Co-Chair Paul Schnell ’72, Co-Chair Antonio Magliocco, Jr., Treasurer Tracy Chutorian Semler ’82, Secretary Caryn Seidman Becker, Assistant Secretary Meg Chapman Carson Gleberman Jeanne Jang Margaret Munzer Loeb ’90 Paul Mason Joshua Nash Damian J. Fernandez, Head of School Trustees
Honorary Trustees
John Beres ’81 Laura Jacobs Blankfein ’71 Paul Church Lesley Field Richard Fields ’74 Charles Guerrero ’89 Phyllis Harrison-Ross Hazel Hunt Anne Klaeysen Meghan Mackay Amanda Nelson Mandel ’91 Jonathan May ’84 Richard Rieger Camar Robinson Carline Samson José L. Santos Emily Tisch Sussman ’00
Michael Bogdanffy-Kriegh Charles Debrovner Samuel C. Florman ’42 Nina P. Freedman ’73 James A. Gara ’72 G. Angela Flemister Henry ’75 Andra Miller Sara E. Nathan ’71 Arthur Sarnoff ’49 * S. Donald Sussman Judith Dreitzer Wallach ’49
Please know that every attempt has been made to ensure the accuracy of donor lists. However, errors do occur and we wish to apologize for any inconvenience they may cause. Should there be a discrepancy, please call the Office for Institutional Advancement and Alumni at (212) 712-6245 with corrections.
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E T H I C A L C U L T U R E F I E L D S T O N S C H O O L A N N U A L R E P O R T 2014-2015
ECFS ADMINISTRATIVE COUNCIL 2014-2015 Damian J. Fernandez, Head of School George Burns, Fieldston Lower School Principal Robert Cousins, Ethical Culture School Principal Jeannie Crowley, Director of Technology Laura Danforth, Fieldston Upper School Principal William Guerrero, Director of Related Programs and Campus Operations Michael Hwang, Chief Financial Officer Kevin Jacobson, Fieldston Middle School Principal Noni Thomas Lopez, Assistant Head of School for Teaching and Learning Whitney Namm Pollack, Director for Institutional Advancement and Alumni Mariama Richards, Director of Progressive and Multicultural Education Sarah Danzig Simon, Director of Strategic Planning and Board Relations Taisha Thompson, Director of Enrollment Management and Financial Aid
Photography:
Chela Crinnion, Toby Himmel, Philip Kessler, Erica Lansner, Carl Smith, Andrew Stern
Design:
White Communications, Inc., Tuxedo, NY
Printing:
Integrity Graphics, Inc.
ECFS
Volunteer with us PARENTS Parent Annual Fund Volunteer Effort (PAVE) Together we can PAVE the way to ensure the success of our school, and inform the community about the impact of philanthropy at ECFS. Volunteers are needed to connect with parents to reach our goal of 100% parent participation in the Annual Fund. This is a great way to build relationships with the families in your grade/division and get to know the ECFS community. The ECFS Annual Benefit Each year, our community of parents, alumni, faculty, staff, and friends gather to support and celebrate the school at the annual benefit, raising more than $1 million for the ECFS Annual Fund and financial aid. The event would not be possible without the tireless work of countless parent volunteers. Benefit co-chairs, Tom Friedman (FL) and Tania Min (EC), invite you to join them and help make this year’s benefit on Saturday, March 12, 2016, another successful event. Form VI Gift Committee Is this your child’s senior year? Join the Form VI Gift Committee and be part of the effort to leave a legacy that honors the class of 2016. For more information about any of the committees or how to get involved, please contact Meghana Nene, Assistant Director, Parent Giving, at (212) 712-6245 or mnene@ecfs.org.
ALUMNI The Alumni Volunteer Network welcomes your time and talents. Please consider joining us as a: • Class Recorder • Class Agent • Reunion Committee Member (this year, classes ending in 1s and 6s will celebrate their reunions) To get involved, please contact Patty Nasey, Director of Alumni Relations, at (718) 329-7329 or pnasey@ecfs.org. 73
Ethical Culture Fieldston School 33 Central Park West New York, NY 10023-6001