Singapore American School Foundation Annual Report 2011-12

SINGAPORE AMERICAN SCHOOL

2011–12

SAS FOUNDATION LIMITED annual report

CONTENTS 1

MISSION Broadening Global Perspective One Student at a Time

FY 2011-2012 Activity Highlights

3

Uses of Funds and Distributions

4

2011-12 Donations to Singapore American School Foundation Limited

5

Program Plans for FY2012-13

SAS FOUNDATION LIMITED ANNUAL REPORT 2011–12

1

BOARD MEMBERS Koo Bon Sun (Chairman), Margrit Benton, Dr. Chan Wing Kwong, Elizabeth Khoo, Devin Kimble, Rudy Muller, Adrian Peh, Jacqueline Seow, Brent Smith, Christopher Tan, Raymond Zage

Mission

The mission of the SAS Foundation Limited (“SAS Foundation”) is to provide charitable funding for the educational programs, operations, and capital initiatives at Singapore American School and for SAS student educational needs. All charitable funds are utilized in strict accordance with the Foundation’s fundraising mandate and in compliance with laws and regulations in the Republic of Singapore.

This report outlines the SAS Foundation’s activities and outcomes achieved in 2011–12. The report also summarizes the planned objectives for the year ahead, 2012–13.

Broadening Global Perspective, One Student at a Time

Our premise is simple. Our students are our future – they are the leaders, the teachers, the engineers, the artists, and the decision makers of tomorrow. The decisions they make, the values they demonstrate, and the solutions they offer will make each of them better global citizens. We are fortunate in Singapore that the people and the place—our community—shape our student’s perspective. The diversity of cultures and experiences within thriving Singapore changes how our children view the world. The faculty, staff, parents, and volunteers at Singapore American School help our students learn and grow through their experiences at SAS and in Singapore. Gifts to the SAS Foundation help make SAS a robust and rewarding learning environment.

2

SAS FOUNDATION LIMITED ANNUAL REPORT 2011–12

FY 2011–2012 Activity Highlights

Fundraising The SAS Foundation focused its efforts in the fiscal year 2011–2012 on raising funds that will benefit educational opportunity today, through the SAS Annual Fund; while also building the basis for increased charitable support for the future, through donor engagement and strategic planning to match the Foundation’s funding priorities with emerging opportunities for donor financial support.

In March 2012, the SAS Foundation held its 7th annual Star Appeal Dinner. Star Appeal is the Foundation’s signature fundraising event, providing an opportunity for donors to make charitable contributions and to celebrate the achievements of students and faculty at Singapore American School. This year’s Star Appeal Dinner raised more than S$630,000.

In addition, the SAS Foundation began further outreach to alumni, parents, and friends affiliated with the School. Through these broadened efforts to involve our community, the SAS Foundation raised another S$270,000. In 2011–12, the SAS Foundation received in total S$901,000 in charitable gifts.

Engaging the Community The SAS Superintendent and advancement staff held conversations with School community members regarding the School’s charitable funding priorities and ways that the funding will improve the quality of education. As a result of these many conversations with parents, alumni, faculty, and students, a preliminary document of proposed funding priorities was developed and, in 2012–13, will be reviewed, refined and integrated into the School’s long-range financial planning.

Ultimately, this document will underpin the case for why and how private funds will advance the mission of Singapore American School.

Strategic Planning To better align its mission with program objectives and fundraising aims, in 2011–12, the SAS Foundation began a process of strategic and organizational planning. As a result of this planning process, the SAS Foundation created three committees of its Board of Directors to provide more effective direction, oversight, and accountability. The committees are: Development and Gift Acceptance; Governance; and Audit. The Board also established the role of treasurer to provide Board leadership on matters relating to finances and gift acceptance. The chairpersons of the Governance and Audit Committees, respectively, will be a member of the Board of Directors as appointed by the Board chair. The treasurer is elected from among the Directors and will also serve as the chair of the Development and Gift Acceptance Committee.

3

SAS FOUNDATION LIMITED ANNUAL REPORT 2011–12 Uses of Funds and Distributions

Highlights of Fund Spending Priorities for 2012–13 Distributions approved by the SAS Foundation Board of Directors for use in 2012–13 advance educational quality and opportunity at Singapore American School. The following allocations illustrate the specific ways that gift funds are designated so as to offer broader experiences, in the classroom, and importantly, beyond the classroom and to support the educational needs of students.

Academics and Student Leadership $90,000 • 2012 Asia Global Issues Network Conference - major sponsorship of the GINSing conference organized and hosted

by SAS students and faculty. More than 700 students from 55 schools throughout Asia expected to attend.

• Start-up funding for the Primary and Intermediate Schools new World Languages Programs • Excellence and innovation opportunities throughout the School Athletics and Extracurricular Programs $95,000 • Funding for upper middle school and early high school sports – club and interscholastic • Excellence and Innovation funds at Superintendent’s discretion to pursue research and start-up of new programs and student engagement in the community Service Learning and Community Service $65,000 • Service Learning • Community Library and Speaker Series • Community Service Matching Funds Financial Aid $380,000 • Supports SAS families who experience financial difficulty. In addition, scholarship programs have been established to assist students with the additional costs incurred through off campus, experiential learning.

Endowment Fund $57,000 • A portion of donations is directed for the long-term financial health of the school. Donors may choose to direct their gifts to the endowments.

Donor Directed $125,000 • Service Learning Endowment Fund • Scholarship and financial aid support for students involved in community service

Four Year Summary of SAS Foundation Allocated Funds: 2009–10 to FY2012–13 Over the last four years, charitable funds have been designated for five categories: (i) academic programs; (ii) extracurricular and athletic programs; (iii) community service programs; (iv) student financial assistance; and (v) endowment growth. The first four categories of funding utilize charitable funds for supporting current programs at SAS. Endowment growth will facilitate the establishment of long term financial security to support programs, people and facilities that improve student teaching and learning.

The designation of funds over four fiscal years is outlined in the following table.

Use of Funds

Allocated 2012–13

Allocated 2011–12

Allocated 2010–11

Allocated 2009–10

Sum of 4 Years

S$

S$

S$

S$

S$

Academic Programs

90,000

20,000

95,000

55,000

260,000

Extracurricular and Athletics

95,000

69,000

61,000

61,000

286,000

Community Service

65,000

65,000

50,000

60,000

240,000

Financial Assistance

380,000

300,000

250,000

220,000

1,150,000

57,000

336,600

50,000

0

443,600

Donor Specified

125,000

9,400

4,000

0

138,400

Total Allocations

812,000

800,000

510,000

396,000

2,518,000

Endowment

Contributions to the SAS Foundation

2011-12

We are pleased to recognize the following contributors who made gifts between July 1, 2011 and June 30, 2012.

1956 CIRCLE

S$50,000 AND ABOVE

Rachel and Jaideep Khanna Khoo Teck Puat Foundation Stephen Riady and Shincee Leonardi

Richard and Jacqueline Seow Sean and Lisa Wallace

S$10,000-S$19,999

TIGER CIRCLE Anonymous Jonathan and Jessika Auerbach William and Judith Bollinger Yeow Ming Choo and Ling Zheng Billy Siu and Marianne Chua Oral and Vida Dawe Laura and Brooks Entwistle Johnny and Charlene Escaler Forbes Asia Getco Asia Pte Ltd Lauren Khoo Hano Maeloa and Monita Harianto Rudolph and Andrea Muller Brent and Maggie Mutsch

ORCHID CIRCLE

William and Georgette Adamopoulos Lars and Nene Amstrup Peng Huat and Swat Ang Richard and Ashley Barry III Mark and Marianne Boyer Jenny Chiam Chiu-Man and Maria Warner Wong Jungkiu Choi and Hyesook Cho Kwanghyuk Choi and Yunkyung Park Phillip Chritton and Zhinong Zhang Dickon Corrado and Ito Toshima Kenneth and Lauri Coulter Darin and Sara Fahrney Edward and Rachel Farrell Fuji Xerox Singapore Pte Ltd Fujiwara Advisory Singapore Pte Ltd Kyu Shik and Eui Jeong Hahn Bryan and Christine Henning David Hoss and Michael Fiebrich Geri Johnson Joosang Kim and Jung A Lee Devin Kimble and Amy Sittler Michael and Maribeth Kingan Henry Law and Alice Shyu Chow Kiat Lim and Boon Hock Tay Paul Ling and Dorcas Chua William and Lois Lydens

Y.S. and Suzie Nam Mark Nelson and Margrit Benton Neil and Mika Parekh Edan and Bon Park David Zemans and Catherine Poyen Kim and Birgitte Rosenkilde Tandean Rustandy and Susan Sujanto David and Caroline Ryan Brent and Sandra Smith Steven and Asa Tucker Soejono and Fae Varinata Ee Lim and Sofina Wee Calvin Widjaja Foundation

EAGLE CIRCLE Shirley Fung and Paul Bernard Gerry and Michelle Smith

GECKO CIRCLE Beecher and Robin Abeles Ravi and Sunanda Agarwal Edward and Evangeline Baicy Jeremy and Willow Brest Bart and Valerie Broadman Wing Kwong Chan and Vivian Liu Steven Diamond and Sarah Jeffries Adam and Brittany Levinson

S$20,000-S$49,999 Raymond and Kaori Zage

S$5,000-S$9,999 Lim Meng Keng Departmental Store Rodney and Margaret Marchand Christopher Misner and Crystal Hayling Janie Ooi Helman and Maria Sitohang Zanping Sun and Yuan Yang

S$1,000-S$4,999

TRAVELER’S PALM CIRCLE

UP TO S$999

Sanjay and Anjna Motwani Doug and Maureen Neihart Frank and Karen Olah Adrian and Susan Peh Don and Lyn Reed Pesek Phoenix Advisers Cameron Poetzscher and Varsha Rao Devin and Dianna Pratt Namuh and Younsoo Rhee Samuel and Heejin Rhee William and Martha Scarborough Zainal Siregar and Bonita Irfanty Lawrence and Jane Sperling Josef Stingl Li Lien Sun Christopher Tan and Chantal Wong Michael Langlois and Anita Tan Richard and Michelle Vargo Harrison and Sheila Wang Laurence Wee and Marisa Chan Erman Tjiputra and Jessica Welirang Teddy Wirianata and Judith Carlotta Byron and Kara Wong Emil Yappert Jr. and Lisa Carp Yian Poh and Chai Doan Lim Jun Zhao and Yueyuan Tan Michael and Ann Zink

Anonymous (2) JohnEric and Christina Advento James and Dorothy Aven Timothy and Suzanne Bohling Gladys Chapman Kong Wain Chin and Margaret Wong Brian Combes and Emiko Enomoto Brian Denenberg and Kwai-Chu Lan Kemp Dolliver Thomas and Patricia DuCharme Rick Gadbois Shawn and Marian Graham Daniel and Annette Hagewiesche John Shields and Mami Hirota William and Katherine Johnson Zunaid Kazi and Tamara Black Leslie King John and Jill Koncki Marc and Heidi L’Heureux Anne Lee John and Maria Lee Michael and Karen Lee Takashi and Soko Machida Mark Maran William and April McDaniel

Kenitiro and Satoko Muto Kent Peterson and Susan Sedro Josh Premkumar Christophe Randy Matthew and Cathryn Ray David Rich James Roderick Figueroa Gonzalez and Lucedy Russi Ken Schunk Laura Schuster Robert and Sugako Shiroishi Hui and Yiwen Sun Ann Tan Darryl and Sonali Tang Mark and Jennifer Tucker Mustafa and Berrak Turnaoglu Chaitan Udipi Rao and Mallika Narayan Jeffrey Waite Lawrence Wales Wilbert and Amy Young Jian and Naxin Zhang Susan Zhang Lee Zweifel

SAS FOUNDATION LIMITED ANNUAL REPORT 2011–12

5

Program Plans for FY2012–13

Overview In 2012–13, the SAS Foundation will continue to develop and implement the fundamental building blocks for long–term achievement of the Foundation’s mission and to ensure maximum productivity in its fundraising efforts. Program plans include the execution of the SAS Annual Fund, which provides on–going resources for today’s funding needs; introduction of the new SAS Superintendent to donors and prospective donors; alignment of SAS long–term direction and vision with the financial resources afforded by sustainable long–term funding, such as endowment; and improved communication and stewardship with donors.

The SAS Annual Fund Last year the Foundation launched the SAS Annual Fund, a comprehensive approach to seeking annual charitable support. The SAS Annual Fund is comprised of all gifts made to SAS and the SAS Foundation to advance the mission and vision of Singapore American School. This year, the SAS Foundation will host its 8th Star Appeal Gala Dinner, a hallmark fundraising event. In addition the SAS Foundation will engage other interested SAS community members, such as alumni, to seek their support of the SAS Annual Fund.

Introducing the New Superintendent and Connecting People, Vision and Resources As the SAS Foundation’s mission is to support education at Singapore American School, it is important for donors to know the new School Superintendent and his vision for SAS. Therefore, a great deal of attention will be devoted to engaging the Superintendent with stakeholders and to discussing ways to improve educational opportunity and learning. The SAS Foundation will continue its expansion and engagement of its base of donor relationships over the next several years.

Communication and Donor Stewardship As SAS and the SAS Foundation devote more time and attention to the utilization of donor gift funds to meet the School’s mission and vision, it will be important to more frequently share with donors the impact of their gifts on improved learning at SAS. The SAS Foundation will establish new venues and media for communicating the use of donor funds and for recognizing, thanking, and engaging donors.

SAS FOUNDATION

Singapore American School

UEN:200813073R/IPC: 000664

CPE Registration Number: 196400340R Registration Period: 22 June 2011 to 21 June 2017 Accredited by the Western Association of Schools and Colleges (WASC)