Pacific Ridge School Annual Report: 2016-17

ANNUAL REPORT

PACIFIC RIDGE SCHOOL

2016 - 2017

Dear Pacific Ridge Community, It has been a unique and incredible honor to serve as Chair of the Board of Trustees for Pacific Ridge School in the 2016-2017 school year, quite an exciting time to be a part of this vibrant and growing community. In this edition of View from the Ridge, the impact of your philanthropic support and dedication to furthering the mission of Pacific Ridge is evident on every page.

At the top of the Board of Trustees’ responsibilities is the fiduciary health of the institution it serves. In this Annual Report to our community, the first in our school’s history, it is our pleasure to present the financial picture of Pacific Ridge School – as well as provide insights from members of our community about the importance of philanthropy to the success of our school today and into our bright future. It is through the dedicated support of our community that we are able to provide the most elevated student experience possible, from the classrooms and labs to the stage, from the athletic fields and courts to the community through our service learning and global engagement programs. Your gifts and support make the Pacific Ridge experience possible and incredible.

Annually, Head of School Dr. Bob Ogle and the administrative staff present a detailed budget for the following year to the Board of Trustees. After several months of discussions and modifications at the committee levels, the Board gathers to approve the annual budget. We as a Board are grateful each year for the hard work of Dr. Ogle, our CFO Bob Buscher, and the administrative staff of the school to ensure a responsible process and a fiscally sound final operating budget. This Annual Report shows the expenditures and revenues of the 2016-2017 school year. I hope you find the pages that follow informative.

On behalf of the Board of Trustees, thank you for your support of Pacific Ridge School. Your dedication to our school is proof that the Firebird community is soaring!

With best regards,

Steve Netzley, Chair, Board of Trustees

LIST OF 2016-2017 BOARD OF TRUSTEES Steve Netzley, P’18, Chair Kumar Aiyer, P’18 Spencer Burkholz*, P’17 Eugene Chen*, P’15, ‘18 Michael Coit, P’19 Paul Flather, P’21 Felicia Hinrichs, P’14, ‘21 Bill Keitel, P’18 Jason Kelly, P’20, ‘22 Andy Laats, P’21, ‘23 Kirk Malloy, P’19, ‘21 Chris Maloney*, P’12, ‘14 Janet McVeigh* Amy Monteparte, P’19 Chris Nero, P‘17 Jori Potiker, P’17, ‘17 Robert Regnery, P’19 Stephen Rosetta*, P’18 Shari Sapp, P’12, ‘16 Gwendolyn Sontheim*, P’14 Johann Verheem, P’17 *Trustee’s service ended on 6/30/2017

Pacific Ridge warmly welcomes the following individuals to the 20172018 Board of Trustees Claudio Colmignoli, P’17, ‘19, ‘22 Tracey DeLange, P’ 19, ‘23 Melissa Levin. P’20 David Ramsay, P’17, ‘20 Brent Rivard, P’22

Operating Revenue

$16,443,125

PACIFIC RIDGE SCHOOL FINANCES: AN OVERVIEW

Tuition – 85%

Including Annual Fund

Operating Expense

$16,572,697

Excluding Debt & Depreciation

Student services, global travel, fees & other – 11%

REVENUE

Annual Fund – 4%

Salaries & Benefits – 70%

Student Programs – 17%

• Salaries & Benefits •P rofessional Development and Training

• Arts programs and performances • Service Learning • Global Engagement • Student Life • College Counseling • Athletics • Library/Software

EXPENSES (excluding debt & depreciation)

Operations/Maintenance – 8% • Facilities related expenses • Information Technology • Insurance

General Administration – 5% • Teacher Recruitment • Admissions • Development • Office Expenses

2016-2017 Annual Fund DONOR STORY

The gif t

of education Laura and Ric Basanese, P’22

We believe education is one of the greatest gifts we can provide to our twins, a gift they will benefit from their whole lives. When we looked at schools, we found that Pacific Ridge had the most meaningful and comprehensive mission, one that has shaped an extraordinary educational environment. We knew this is where we wanted our children to be.

As parents, we have a stake in this school’s success and future. Our contributions support the diversity and caliber of its programs, as well as our children’s environment and community – all crucial to their development. Pacific Ridge stands for what we believe in and what we want our children to live out in their lives. We couldn’t be more grateful for what we’ve found here.

 583,000

TOTAL FUNDS RAISED

 554

 137

TOTA L DONORS LEADERSHIP DONORS *Donating $1,000 +

81%

LEADERSHIP GIF TS FUNDS

*Funds raised from leadership gifts

Tuition alone does not cover the full cost of providing a world-class, mission-driven educational experience to our students. The Pacific Ridge Annual Fund helps bridge this gap. Every gift to the Annual Fund supports the transformational programs and resources that are at the core of the Pacific Ridge experience.

Thank you for your support each and every year.

PA R T I C I PAT I O N R AT E S BOARD OF TRUSTEES

100%

FACULTY & STAFF

100%

PARENTS 80% ALUMNI 18%

2016-2017 ANNUAL FUND GIVING LEVELS $25,000 +

2016-2017 ANNUAL FUND COMMITTEE

HARKNESS SOCIETY

$10,000 - $24,999

GLOBAL ADVOCATE

$5,000 - $9,999

2007 CLUB

$2,007 - $4,999

LEADERSHIP CIRCLE

$1,000 - $2,006

We would like to acknowledge and thank our dedicated group of 2016-2017 Annual Fund parent volunteers who so generously gave their time and effort to generate support for the school.  

F O U N D E R S F E L LOW

FIREBIRD MEMBER

UP TO $999

LEADERSHIP SOCIETY All donors who give $1,000 or more during the year become members of the Pacific Ridge Leadership Circle and are invited to the Pacific Ridge Leadership Thank You Dinner.

PURPOSEFUL LIFE SOCIETY Pacific Ridge School welcomes all families who have given 5 or more years (4 for families who enter in 9th grade) into the Purposeful Life Society. We are incredibly grateful for your loyal support and long- standing commitment to our students.

LIST OF 2016 -2017 ANNUAL FUND COMMITTEE Sasha Andrews Laura Basanese Bob Bell Allison Borts Donna Bower Stacy Clarke Laura Embry Christine Hamparyan Nancy Janda Julie Levesque Melissa Levin Karen McLoughlin Stacey McLoughlin Suzie Nalbandian Wendy Oxenhorn Cathy Prvanov Heather Schmitt Lin Shaw Denise Scott Susan Urquidi Kimberley Woo

DONOR STORY

Supporting

a purposeful life Elle Lichter ‘12

Pacific Ridge’s mission (I still know it by heart!) has guided me throughout college and into the real world.

Academic excellence was – of course – a really important pillar through college. Global engagement and ethical responsibility were two themes I explored that I probably wouldn’t have without Pacific Ridge emphasizing them while I was young. When I chose to study abroad in Morocco, it was a scary decision, but one I made because of my Pacific Ridge trips to China, Israel and Palestine. They were eye-opening and insightful experiences I knew I wanted more of.

Now, I work in finance. When it came time for job interviews, the things I first learned at Pacific Ridge set me up for success. No, I didn’t have a technical business background; I didn’t know all about derivatives and credit default swaps. But, I was confident, could handle myself in new, completely unknown environments and I was excited to learn.

Pacific Ridge has given me more than I ever could have asked for and I still rely on its foundation in my life today.

I participated in the Day of Giving campaign and will continue to donate, in hopes that every other student who attends the school will be as inspired as I was to find their own purposeful life.

Day of Giving March 29, 2017

 202  127 

75

TOTAL GIFTS

GIF TS FROM PA R E N T S

GIF TS FROM A LU M N I

 79,105

TOTA L R AISED*

*Includes challenge grant

Inspired by challenge grants from a generous donor, our parent and alumni communities showed up in force to support Pacific Ridge School during the Day of Giving campaign.

The unprecedented 202 gifts received earned a combined $17,500 in challenge grant funds!

10 Years in Philanthropy DONOR STORY

 74 M  1361

TOTAL RAISED

UNIQUE DONORS

 5610

TOTA L GIFTS

From its beginning, Pacific Ridge School has been the beneficiary of generous supporters, starting with the founders who created a dynamic mission statement and nurtured an idea into a thriving learning community.

To date, through the support of generous donors, Pacific Ridge has raised over $74 million, enabling the school to build a beautiful campus featuring four major buildings and a full turf field. Thank you to the many who took a chance, believed in a vision and generously contributed to building our school and its programs.

Investing in the school that invests in our children Jon and Suzie Nalbandian P ’15, ’20

Pacific Ridge School is more than just a school- it is a community where our children are nurtured, supported, accepted and challenged. Given the opportunity and confidence to try things they might never have tried, Pacific Ridge is a place where our children can feel proud to be an intellectual, an athlete, an artist, or all three.

We feel so grateful for all that Pacific Ridge has invested into our boys. Donating our time and money is the best way we feel we can give back. Because of Pacific Ridge, our children are not only acquiring the skills to compete economically in the world, but more importantly, they are learning how to live with purpose, inspired by passion. You can’t put a price on that!

Our Mission

In a community that fosters academic excellence, ethical responsibility and global engagement, Pacific Ridge School prepares students for college and a purposeful life.

Pacific Ridge School 6269 El Fuerte Street Carlsbad, CA 92009 tel. 760.579.4901

pacificridge.org