2019 CCS Annual Report

CAMPAIGN FOR CATHOLIC SCHOOLS

LETTER FROM THE CHAIR AND VICE-CHAIR Dear Friends, Thanks to your generous support, the Campaign for Catholic Schools (CCS) has crested the $101M mark in just over a decade. Our model and focus on lay governance, enhanced academics, new teacher support, development of future leadership and school renovations has resulted in more than 20,000 students educated in our Academies. And things are only getting better.

Today, along with our CCS Board, we have evolved our organization and efforts to ensure long-term sustainability by becoming a legal co-sponsor of our Academies along with the Archdiocese of Boston. In addition, our highly successful Fund for the Future Campaign has to date, achieved over $20.8M against our goal of $25M, for long-term endowment, teacher retention, curriculum enhancements and scholarship support.

With our innovative planning and your continued support, we are working hard and effectively to provide our current enrollment of more than 1,400 students with the very best faculty, academics, before/after school programs, guidance, support systems and up-to-date school facilities from 6:30am to 6:00pm daily.

CAMPAIGN FOR CATHOLIC SCHOOLS BOARD OF TRUSTEES Robert G. Atchinson

William P. Leahy, S.J.

Brendan J. Swords

John M. Connors, Jr.

Assistant Secretary/General Counsel

F. Beirne Lovely, Jr.

John E. Straub

Michael W. Roberge

Most Reverend Peter J. Uglietto, S.T.D.

Vice Chairman Chairman

James M. Connolly Audit Committee Chair

John A. Sebastian

Kathleen F. Driscoll

Gerald V. Sheehan

President

Treasurer

At the end of the day, it’s all about the kids and transforming lives. To that end, 100% of our students have gone onto secondary school, 98% have graduated high school, while 92% are currently attending a four-year college – a testament to our shared success. We look forward to another outstanding year ahead and thank you for helping CCS pay it forward.

Sincerely,

Secretary

Herbert S. Wagner, III James M. Walsh

Assistant Treasurer/Executive Director

John M. Connors, Jr., Chairman

Robert G. Atchinson, Vice-Chairman

RESPONSIVE LEADERSHIP MAKES A DIFFERENCE As positive agents of change, your support is having tremendous impact on our students.

1,940

$101M+

CCS DONORS

RAISED

20,702 STUDENTS EDUCATED OVER THE PAST 12 YEARS

% 100 OF STUDENTS GRADUATED OUR ACADEMIES

% 98 OF OUR STUDENTS GRADUATED HIGH SCHOOL

% 92 HAVE GONE ONTO 4-YEAR COLLEGES

IT’S NEVER TOO EARLY TO ACHIEVE ACADEMIC SUCCESS

CCS support for improved academics has already benefitted students at SJPIICA in a new Bridges to Mathematics curriculum.

This program was piloted in six Grade 1-5 classrooms. The results of the pilot program were impressive.

83% of SJPIICA classrooms piloting the Bridges curriculum scored above the national mean in mathematics,

Our kids are making great strides in math, reading and language.

2018/19 SCHOOL YEAR

compared to 49% utilizing the existing curriculum.*

SJPIICA implemented this math curriculum this year throughout the Academy grades 1-5. It will be implemented as the new math

Growth of Our Younger Students: 2.9yrs–Grade K2

curriculum at Trinity Catholic Academy (TCA) for the next school

• 97% of the students moving into Kindergarten and 90% entering Grade 1 are completely ready academically, socially and emotionally to succeed.

year.

A great education for all our students.

9% MULTI-RACIAL/OTHER

Growth of Our Older Students: Grades K2–8

• At both our Academies our students’ growth in grades

53% BLACK 12% ASIAN

2% ASIAN

5% MULTI-RACIAL/OTHER 61% BLACK

18% WHITE

14% WHITE

K2-8 is above the national growth average in language usage.

• At Saint John Paul II Catholic Academy (SJPIICA), our students’

growth in grades K2-8 is also above the national growth average in math and reading.

14% HISPANIC 12% HISPANIC

FY20 Saint John Paul II Catholic Academy

FY20 Trinity Catholic Academy

*Based on the May 2019 Measure of Academic Progress (MAP) NWEA.

THROUGH INNOVATIVE PROGRAMS WE ARE RETAINING THE BEST TEACHERS The better the teacher, the greater the progress children make in school.

The STARS Program was implemented at SJPIICA in 2015-16:

• Provides $10,000 base salary increases for the top 20% of teachers (based on standardized testing, principal recommendation, and other measures.)

• 16 out of 29 teachers remain at our Academies since the first cohort.

• Average retention is 55.2% compared to 40% before STARS for participating teachers.

College Loan Reduction Program implemented at both Academies:

• We are one of 4% of US employers to offer this groundbreaking pilot program

• $100/month is paid to participating teachers toward loan principal reduction

WE ARE CREATING A CLEAR PATH FORWARD FOR OUR STUDENTS

“As a first-generation American and the first to go to college in my family, it’s my responsibility to pay it forward and give back to those in need. I’m so

Our collective efforts are having a lasting and positive effect on many of our alumni.

thankful to TCA and Cardinal Spellman High School for preparing me for

“Growing up in Cuba, I could have never imagined being pre-med in college on a full-scholarship. SJPIICA gave me

Ariana Rodrigues

academic success at Stonehill College.”

TCA Alumna Cardinal Spellman High School ‘17 Stonehill College ‘21, Biochemistry Thomas F. and Mary J. Shields Award Dinner Student Speaker

a chance to look to the future, and I’m so thankful for your support, which will continue to give kids just like me that extra push they need to be the best they can be.”

Samuel Cintra

SJPIICA Alumnus Cathedral High School ’19, Valedictorian Denison University, Pre-med

OUR ALUMNI ARE EXCELLING AT MANY OF THE NATION’S TOP UNIVERSITIES

WHAT OUR KIDS’ PARENTS ARE SAYING Families are seeing the impact our academies are having beyond the classroom.

“Switching to a private Catholic school was the best decision I’ve ever made for my four children. Being a Catholic family, we’ve seen our kids flourish in their faith at TCA, not to mention the fact that they are always challenged in their academics. They work hard but still have fun and have amazing friends. The staff is wonderful and always makes sure each child is given individual attention that will help lead to success.”

– Henelris M. “I am a strong believer in ‘it takes a village to raise a child’ and am so blessed to have such a supportive village at SJPIICA. My child is so very lucky to have you supporting him and cheering him on.”

– Marie D. “SJPllCA provides a solid foundation filled with love, diversity and leadership.

What our family appreciates most is the relationship we have built with the principal and teachers and that we will continue to build upon this as our children grow. It is a relationship of faith, knowledge and togetherness.”

– Louisa L.

WHAT OUR DONORS ARE SAYING “The impressive investment in the facilities means SJPIICA is equipped to provide a modern, safe, nurturing, learning community where children can reach their full potential. It is wonderful to see this institution transformed and staffed with committed educators.”

Dave and Judy Williams

“My husband and I became involved with the Campaign for Catholic Schools because we believe all children deserve the right to an excellent education, particularly in an environment where they are challenged to excel and where they develop the moral and spiritual fiber that helps form who they become as young adults.”

Maureen Joyce

“As supporters of the Campaign for Catholic Schools, we have found a way to give back to our local community, while supporting our belief in Catholic education. We have toured the schools and seen firsthand the joy on the students’ faces. They are happy and cared for in a warm, loving environment.”

Larry and Maura Naughton

“The Dawley family remembers the spirit of a beautiful life through the establishment of the Susan E. Dawley Endowment Fund for teacher initiatives and scholarships for students who exemplify the ideals Susan held so dear, to educate the whole child - mind, body, and soul.”

Jack Dawley

STATEMENTS OF FINANCIAL POSITION

STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS

June 30, 2019 and 2018

For the Year Ended June 30, 2019 Without Donor

ASSETS 2019 2018

Cash and cash equivalents $ 859,061 $ 1,414,525

Contributions receivable, net 9,906,917 10,560,969 Investments 2,731,140 1,830,801

Dividends receivable 27,130

18,588

Total assets $ 13,524,248 $ 13,824,883

LIABILITIES AND NET ASSETS Liabilities:

Due to related organizations $ 579,443 $ 1,044,340

Notes payable to related organization 3,066,389 7,720,289

Total liabilities 3,645,832 8,764,629

Net Assets:

Without donor restrictions ( 3,352,661) ( 7,833,212)

With donor restrictions 13,231,077 12,893,466

Total net assets 9,878,416 5,060,254

Total liabilities and net assets $ 13,524,248 $ 13,824,883

With Donor

Restrictions Restrictions REVENUE

$ 802,193 $ 6,274,844 $ Contributions

62,986 -

Appropriation of endowment return for operations

5,396 -

Interest income

6,343,504 (6,343,504)

Net assets released from restrictions

7,214,079 (68,660) Total revenue

EXPENSES

1,816,498

Program grants

362,106 Fundraising

554,924

General and administrative

2,733,528 Total expenses

- - -

Total

7,077,037 62,986 5,396 7,145,419

1,816,498 362,106 554,924

- 2,733,528

Changes in net assets from operations

4,480,551 (68,660) 4,411,891

NON-OPERATING REVENUE (EXPENSE)

Endowment contributions

- 374,606 374,606

Interest and dividend income

- 89,219 89,219

Appropriation of endowment return for operations

- (62,986) (62,986)

Net realized and unrealized gain on investments

- 5,432 5,432

Total non-operating revenue (expense)

- 406,271 406,271

Changes in net assets 4,480,551 337,611 4,818,162

Net assets, beginning of year (7,833,212) 12,893,466 5,060,254

Net assets, end of year

$ (3,352,661) $ 13,231,077 $ 9,878,416 These numbers are excerpts from the audited financial statements of The Fund for Catholic Schools Inc., (a/k/a The Campaign for Catholic Schools). A complete copy of the audited financial statement is available on bostoncatholic.org.

THANK YOU