Annual Report 2013-14 Excerpt

AN N UAL

REPORT

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vie w point school

V I EW PO I N T SCHOOL AN N UAL RE POR T 2013 -14

FROM YOUR HEART Much like teaching, generosity comes from a belief that you have something intrinsic to share with another.

Our School is entrusted with educating a remarkable community of young people preparing for life’s journey. While I know that each of us gives for different reasons, your gifts to Viewpoint are essential, and each student is the beneficiary of your conviction.

True generosity comes from your heart, and for that we are most grateful.

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Facts & Figures

From the Headmaster

Board of Trustees – Chair’s Report

New Trustees

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Leadership Giving

Capital Campaign

Annual Fund

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Advancement Report

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Special Gifts

Endowment Funds

Memorial & Tribute Gifts

— ROBERT J. DWORKOSKI, Ph.D.

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2014 Benefit

VSSA Report

Matriculation, Class of 2014

Ways to Give

Gift Planning

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Financial Report

OPERATING BUDGET

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MILLION

STUDENTS RECEIVING FINANCIAL AID

MIDDLE AND UPPER SCHOOL FACULTY AND ADMINISTRATORS WITH ADVANCED DEGREES

STUDENT TO TEACHER RATIO

F A C T S

NUMBER OF FULL-TIME AND PART-TI ME FACULTY

& F I G U R E S

ENROLLMENT

FACTS & FIGURES Construction Challenge Award and earned an invitation to the 2014 VEX Robotics World Championship in Anaheim. This highly successful program in Viewpoint’s Middle and Upper Schools enables students to apply their knowledge of science, technology, engineering, and math in competitions with custom-built and programmed robots.

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11% of the Class of 2014 earned National Merit recognitions, which included three National Merit Scholars and nine Commended Scholars.

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In addition to earning a 10-year renewal of its membership in the prestigious Cum Laude Society, the School’s chapter welcomed 24 new members in April ceremonies. The Cum Laude Society is modeled after Phi Beta Kappa, the academic honor society for college graduates, and recognizes superior scholarship in select high schools in the United States.

Viewpoint has been a member since 1992 and is one of only 33 schools in California to have earned this distinction.

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In 2007 Viewpoint was one of the first schools in the United States to offer The Duke of Edinburgh’s Award to our Upper School students. In 2014 our students earned 18 Gold Awards, 51 Silver Awards, and 70 Bronze Awards. The British Royal Family established this program in 1956 to recognize and honor young people for achievement in the following areas: service to others, adventurous journey, practical or vocational life skills, and physical recreation.

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West Campus construction under Viewpoint’s Master Plan – a new Learning Center with Primary School classrooms, Inovation Lab, library, Primary and Lower School enrichment classrooms, and playgrounds – began in June and will be ready for our students in August 2015.

Our campus expanded to 40 acres this year with the acquisition of several adjacent properties, totaling 15 acres, which will serve our School well in the near and long term.

A FEW OF OUR NEW ENHANCEMENTS IN 2013 -14: ■■

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It was a record year for the School’s Annual Fund! Thanks to the diligent efforts of more than 100 volunteers, comprised of parents, grandparents, alumni, and members of the Class of 2014, the fund reached $2,095,197, breaking the $2 million mark – a first in Viewpoint’s 53-year history.

From an impressive field of local and international high school teams, the Patriot Robotics Team won the FUTURE Robot

The use of interactive SmartBoard Scholastic Magazine lessons in Kindergarten through Second Grade broaden awareness of local and global current events.

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The new iXL Adaptive Mathematics Program in the Fourth and Fifth Grades’ math classes offers an interactive technology program that streamlines group instruction.

The program enables students to solve problems on iPads with their responses seen immediately by their teacher.

Thus, teachers can move ahead more quickly, or stay on a more difficult concept until it is mastered.

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Our Middle School broadened our official program of Character Education with Decision-Making in Seventh Grade to a whole-division advisory approach. Journalism programs also were enhanced with the development of an on-line presence.

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We added a Pre-Robotics program to our Middle School’s electives, as well as Equestrian in our Middle School’s competitive athletic program and yoga as a component of Physical Education.

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New Digital Media courses in both Middle and Upper Schools provide an exciting blend of artistic expression with computer use. An additional teacher in our Middle and Upper Schools has increased our ability to instruct students in vocal music, while we have enhanced the instruction of Journalism with the assignment of a full-time English teacher to the program.

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H I G H L I G H TS O F T H E ACA D E M I C Y EA R

Gillian Williams ‘19

Facts & Figures continues on page 4

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A DVA N C E D P LAC E M E N T ( A P ) EXA M S MAY 2014 ■■ ■■ ■■

241 students sat for 579 exams in 25 subjects 20% of sophomores took AP exams 89% of juniors took AP exams

ACC R E D I TAT I O N A N D P R O F ESS I O N A L A F F I L I AT I O N S ■■

National Association of Independent Schools (NAIS)

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California Association of Independent Schools (CAIS)

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Western Association of Schools & Colleges (WASC)

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Cum Laude Society

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Viewpoint is a Nominating School for the Morehead-Cain Scholarship at the University of North Carolina at Chapel Hill, and for the Jefferson Scholars Foundation Scholarship at the University of Virginia.

33% of the exams earned a score of 5

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68% of the exams earned a 4 or 5

A score of 4 or 5 is considered exceptional

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Association of College Counselors in Independent Schools (ACCIS)

89% of the exams earned a passing grade of 3 or above

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National Association of College Admission Counseling (NACAC)

These scores are among the highest in the nation

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Western Association of College Admission Counseling (WACAC)

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Council for Advancement and Support of Education (CASE)

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National Association of Principals of Schools for Girls

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National Association of Secondary School Principals

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A Better Chance

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AT H L ET I CS 2013-14 CIF Division III-AA Champions: Girls Volleyball

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CIF Division III Runner-Up: Girls Swimming

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Varsity League Champions: Boys Golf Boys Swimming Boys Tennis Girls Swimming Girls Volleyball

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M I SS I O N STAT E M E N T

Thirteen members of the Class of 2014 are student-athletes in Division I, II, and III colleges and universities.

A LU M N I There are 2,955 Viewpoint graduates residing in 42 states and 4 foreign countries.

Viewpoint School is a welcoming, vibrant, and collaborative community that offers a challenging and enriched college preparatory education in a nurturing environment for students in Kindergarten through Twelfth Grade. The School embraces students and families from diverse cultures of the world and teaches the history and wisdom of these traditions.

FROM THE HEADMASTER

Viewpoint inspires a love of learning and develops those qualities which provide strength and direction for a lifetime. The School promotes among its students respect, integrity, responsibility, and optimism.

After 28 years at Viewpoint, I continue to marvel at all that our com munity has accomplished together in less than a human lifetime.

The School celebrates its love of country by commemorating our nation’s holidays and honoring its finest traditions. Viewpoint affirms in its assemblies and programs the ethical principles inherent in all religions.

Viewpoint’s students learn the importance of service to others and to the greater community with the expectation that this introduction becomes a lifelong commitment.

Viewpoint recognizes the uniqueness of each child and is committed to the preservation and development of that individuality.

AT THE CONCLUSION of the 2013-14 school year, and after 28 years serving as our School’s guiding force and Headmaster, Bob Dworkoski assumed a new role at Viewpoint. He now devotes his efforts entirely to serving as the President of the Viewpoint Educational Foundation.

Bob remains an active presence in our community, and serves as our ambassador and fundraiser for the School’s future.

Mr. Paul Rosenbaum, formerly the Associate Headmaster: Director of Education, assumed the title of Interim Head of School, and

Mr. Greg Armbrister serves as Associate Head while continuing his inspired leadership of our Middle School.

A national search for a Head of School is underway with a Head Search Committee, which includes representatives from all constituencies of our community, including trustees, faculty, administrators, alumni, and parents.

We’ve all heard Bob say with pride and confidence that Viewpoint has achieved numerous accomplishments in recent years, but our best days still lie ahead.

Together, we have no doubt that this bold affirmation remains valid today.

1986 - 2014

WE HAVE GROWN from a small school serving 300 students on seven acres in the mid-1980s to 1,215 students on 40 acres today.

To me, one of the secrets of our remarkable success is evident: Our parents and friends generously supported our students and our School with donations that came from the heart.

That culture of support was evident in our families who in 2013-14 helped us cross the $2 million threshold for our Annual Fund for the first time in Viewpoint’s history, allowing us to fulfill our bold promise of an enriched, highly personalized, and transformative education.

I thank our families and friends whose generosity enables our students to become learners and leaders who can adapt to change, new challenges, and yet-to-be-imagined opportunities presented by the 21st century.

My thanks go to our Board of Trustees and its Chair in 2013-14, Mr. Joe Carieri; the Co-Presidents of the VSSA, Mrs. Tracey Athanassiadis and Ms. Renée Vogel; the Co-Chairs of the Annual Fund, Mrs. Maria DiMaggio and Mr. Ron Gillyard; and our Leadership Annual Fund Co-Chairs, Mr. Jon French and Mr. Patrick Finn; the Chair of our Benefit, Mrs. Setareh Zahedi; and to my passionate and compassionate colleagues. And, of course, to our students, who remind us of the wonders and possibilities of their brilliant futures. They make it a joy to come to Viewpoint every day!

Every day our devoted teachers extend themselves in service to their students, powerfully shaping and expanding their native curiosity and spurring an eagerness to learn. When there is a need for extra help, words of encouragement, or the challenge of a more advanced assignment, our teachers and administrators give from the heart and make it happen.

They do more than teach only academic content. They help our students to develop a sense of personal responsibility, exhibit kindness toward others, and comprehend what it means to work effectively in a community. From these foundational lessons comes Viewpoint’s unique culture, which carries through all grades and influences every student.

With gratitude,

Robert J. Dworkoski, Ph.D. President of the Viewpoint Educational Foundation

Dr. Robert Dworkoski and Alexis Berkovits ‘14

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H E A D M A S T E R

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T H E

96% of seniors took AP exams

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M O M E N T S

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First Grader Hudson Furgatch

Alexis Leoni ‘16

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C H A I R ’ S R E P O R T

BOARD OF TRUSTEES CHAIR’S REPORT

ALSO, WE WANT our faculty to have the resources and state-ofthe-art facilities to provide superb educational opportunities as they give from the heart to guide and develop the strengths of each of our students.

This year as a Board we worked on a number of projects to sustain and to enhance these educational opportunities for our students, which included: ■■

Planning for the construction of our new Primary and Lower School academic and athletic facilities

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Developing plans for a new athletic facility, the BalabanWebster Team Center, which will provide more locker rooms and strength and conditioning space for our student-athletes

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Acquiring three additional properties adjacent to campus, thus increasing Viewpoint’s campus from 25 to 40 acres

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Continuing to strengthen the School’s strong fiscal foundation

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Implementing the recommendations from our market research project to help us better articulate our value proposition and the unique brand of a Viewpoint education

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Launching a Head of School search. Our most important responsibility as Viewpoint’s Board of Trustees is to hire our new Head of School, who will set the stage for our School’s future and build upon the legacy of Bob Dworkoski

In tackling these numerous responsibilities, I was fortunate to partner with an outstanding group of dedicated trustees, who I would like to thank for their leadership: the Vice-Chair of the Board, Mr. John Nadolenco; and our Committee Chairs, Mr. Rob Webster, Chair of Finance, Mr. Mike Murphy, Chair of Buildings and Grounds, Mr. Charles Schetter, Chair of Strategic Planning; Mr. Kraig Kitchin, Chair of Committee on Trustees, Mrs. Halé Behzadi, Chair of Advancement, and Mr. Jeremy Helfand, Chair of the Major Gifts Committee.

Our Board is strengthened by seasoned trustees, and energized by the regular infusion of new trustees with a fresh perspective and professional expertise. This past year, four dedicated trustees retired from the Board: Mr. Steve Carlson, Mrs. Meghan Handy, Mr. Hal Hermelee, and Mr. Kraig Kitchin. Thank you for your

wisdom, leadership, and tireless contributions made over the years to Viewpoint School. We also welcomed five new trustees, Mr. Jay DiMaggio, Mr. Andrew Gengos, Mr. Brian Glicklich, Mr. Robert Lopata, and Dr. Tom Moran.

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As trustees of Viewpoint School, it is our responsibility to advance the School’s mission – to enrich our distinctive community of learning so that our students are appropriately challenged within a nurturing, yet rigorous academic environment.

2 01 3 - 1 4 BOA R D O F T R UST E ES

Mr. Joseph Carieri, Chair Mr. John Nadolenco, Vice Chair Mrs. Meghan Handy, Secretary Mr. Robert Webster, Chair – Finance Committee Mr. Steve Carlson, Delegate-at-Large Mrs. Christina DeRonde, Delegate-at-Large Mr. Jerry Paul, Delegate-at-Large Mrs. Halé Behzadi, Chair – Advancement Committee Mr. Tom Boone Mr. Seth Casden ’91 Mrs. Lyn De Logi Mr. Jay DiMaggio Mr. Dirk Gates

Our Annual Report celebrates another outstanding year at Viewpoint. As we reflect upon our successes, we are most proud of the accomplishments of our students. They are happy and engaged in their academics, athletics, and the arts, while becoming the leaders of tomorrow.

We have a special community here at Viewpoint, and it is because we all give from the heart. Thank you all for your continued support, and I wish you the best in this school year.

With heartfelt appreciation,

Joseph Carieri Chair, Board of Trustees

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Mrs. Shelly Sumpter Gillyard Mr. Jeremy Helfand Mr. Hal Hermelee Mr. Kraig Kitchin, Chair – Committee on Trustees Mr. Bill Malcolm Mr. Mike Murphy, Chair – Buildings and Grounds Mr. Charles Schetter, Chair – Strategic Plan Mr. Matthew Serletic Mr. Jeffrey Stibel Mr. Jonathon Wolfson Mr. Kumar Yamani Mr. Keith Zimmet

NEW TRUSTEES

N E W T R U S T E E S

The Gengos Family: Andrew, Cole ‘19, Alyssa ‘16, and Debbie

A N D R EW G E N G OS

JAY D I M AG G I O

JAY AND MARIA DIMAGGIO didn’t have a “Plan B” when they met with the School’s Admission staff. “We weren’t even sure that private school was the route for us until we visited the campus for the first time,” offered Jay. “We took the tour and listened carefully to all that was said. It was then and there we realized Viewpoint was the only choice for Sofia ’19. We loved the atmosphere, but more importantly we loved the culture, philosophy, and values that set a solid foundation for life.” Sofia entered Kindergarten in 2007, and the DiMaggios’ joined the Viewpoint family.

A financial advisor for Edward Jones, Maria found her niche at Viewpoint volunteering with the Annual Fund for the past five years. Jay, an architect and real estate developer, was a natural choice to join the Board of Trustees this past year. He is a native of New Orleans, earning his bachelor’s degree in architecture from the University of Southern Mississippi and master’s degree from Louisiana State University. As the Director of Real Estate and

Construction at CoreSite, Jay brings 35 years of experience in all areas of planning, approval, development, and construction – all of which make him an excellent resource on Viewpoint’s Board where he serves as the 2014-15 Chair of the Buildings and Grounds Committee.

“This committee is efficiently making great progress, evident by the evolution of the new Primary School,” said Jay. “Working with this remarkable group is a great experience. We all know that our time is well spent and that we are making a valuable contribution,” remarked Jay. “If I could give one bit of advice to a new Viewpoint family it would be, ‘Don’t wait to get involved.’ I know Sofia is thrilled to have me here at her school and proud that I’m involved.

There is so much potential for growth and development that each enhancement only makes the Viewpoint experience better for all our students. I believe our best days are still ahead.”

Therapeutics, the Calabasas-based clinical-stage company that is developing therapies for the treatment of brain and ovarian cancers.

CHRISTMAS AT THE GENGOS home is filled with fun and tradition, including their annual gingerbread-building spectacular.

What began more than a decade ago as a simple confectioncovered cottage has developed into a month-long engineering, baking, and decoration project for Andrew, Debbie, Alyssa ’16, and Cole ’19. Past gingerbread projects have replicated many of the world’s greatest architectural standouts including the Eiffel Tower, the Sydney Opera House, Notre Dame, and the Taj Mahal. While each family member has his or her task, the engineering falls to Andrew, an MIT chemical engineering graduate with an MBA from UCLA’s Anderson Graduate School of Management.

Andrew and Debbie were initially attracted to Viewpoint by the high quality academics, but quickly discovered the School had much more to offer. “We learned that the focus is on the whole child, not just the academics,” expressed Andrew. “Our children have been encouraged to sample, spread their wings, and excel.

Alyssa discovered English and literature and has benefited, in particular, from her relationships with teachers who know her as an individual. While Cole didn’t expect to find a passion when introduced to instrumental music in Fifth Grade, he now enjoys playing both saxophone and bassoon in the Concert Winds and Jazz Lab groups.”

“I love technology and I especially appreciate how, when applied to human health, it creates opportunities to meaningfully impact peoples’ lives,” said Andrew. “At some point in my career I realized that I will spend 40 to 50 years working. If I were to commit myself fully, I wanted to get more from it than a paycheck. That is when I decided to focus my energies on health issues where the unmet medical need is very high.” His previous executive leadership roles at both Amgen and Neuraltus Pharmaceuticals prepared Andrew for his current challenge as President and Chief Executive Officer of ImmunoCellular

Andrew praises Debbie for her many years of volunteer service to the VSSA and Benefit and appreciates his own opportunity now to serve as well. “I hope my contribution will only enhance Viewpoint’s commitment to help each student reach his or her potential,” adding, “After all, that is what each of us wishes for our children – plain and simple.”

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The DiMaggio Family: Maria, Jay, and Sofia ’19

NEW TRUSTEES

N E W T R U S T E E S

The Glicklich Family: Brian, First Grader Samantha, and Leigh

ROBERT LOPATA

BRIAN GLICKLICH

BRIAN GLICKLICH carves out time from a busy career to drive his First Grade daughter Samantha to and from school each day.

“As parents, Leigh and I are invested in helping Samantha become the kind of adult she wants to be,” explained Brian. “No doubt whatsoever, her life and education are our top priority.”

has changed our lives as much as hers,” he explained.

“I never contemplated that possibility, but when you are a part of a community with deeply shared common values and a commitment to our children, you can’t help but build relationships that are incredibly meaningful.”

By Kindergarten year’s end, Samantha had surprised her parents in many ways. “From casually singing in French, finding a love of modern art, to demonstrating a real compassion for her classmates – it’s really all about Viewpoint and the philosophy in play at this wonderful school,” Brian believes. “There is an organic value system at work here built right into the School’s DNA. Viewpoint turns out well-rounded young people. To think of what the future holds for Samantha and her classmates – friends undoubtedly for life – it is difficult to put into words.”

Brian joins the Board of Trustees with a cache of impressive business experience honed over many years in media and crisis management. He is the CEO of How Handy Is That, a digital professional services consultancy firm that advises Fortune 100 CEOs, media CEOs, broadcasters, and other high impact business leaders on digital strategy and execution in challenging circumstances. “We all face big issues in our lives,” commented Brian, “but helping people find a path through it is very rewarding. I look forward to contributing to this collaborative group and working to further enrich this unique and dynamic environment for our children.”

There was another surprise for Brian and Leigh. “I assumed that the school experience was primarily for our child, but it

Robert and his wife Jennifer enrolled their eldest son Jason in the Class of 2013 as a freshman, an experience so positive that they brought their two younger children, Carina ’15 and Ryan ’17, to Viewpoint shortly thereafter. “Living in Hidden Hills, Viewpoint was always on our radar,” Robert shared, “but we didn’t appreciate what an obvious choice it would have been for our children all along.

Jason was immediately welcomed by a supportive and encouraging academic community, most notable of which was Dr. Dworkoski, who shared Jason’s passion for history and academia.” Jason is presently attending Stanford University as a sophomore studying Economics. Carina is a varsity cheerleader and active member of Viewpoint’s Vocal Jazz Ensemble, while Ryan participates extensively in Viewpoint’s athletic programs, with a particular talent in baseball and basketball. Jennifer is a co-owner and co-founder of Growing Minds Academic Achievement Centers, and shares her passion for education with Robert and her children.

“PERHAPS VIEWPOINT’S greatest strength is its ability to bring out the best in people, from the faculty and administration to the students they serve,” explained new trustee Robert Lopata. “It’s about cultivating a culture of achievement, where people demand the best of themselves and expect the same of others. This is what I strive for in my own business. When you have great people, you accomplish great things. I see it firsthand with my own children. Within our family’s initial five years at Viewpoint, each of our children found his or her unique path that is supported by teachers, coaches, and administrators who encourage their passion and determination.”

Robert appreciates the value of retaining talented high achievers, and has spent the past 25 years as President and Co-Founder of LBPM (LB Property Management) nurturing a corporate culture where opportunity is available to all who strive to achieve their best. LBPM is among the largest, wellestablished property management companies in Los Angeles, providing professional management services to apartment owners, homeowner associations, and commercial properties throughout Southern California.

When asked about his new role as a trustee, Robert expressed, “I am excited to be part of this exceptional group of people who, like me, are committed to the growth and success of this worldclass school. Viewpoint is a big part of our family’s life. It seems only natural to give back.”

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The Lopata Family: Carina ‘15, Robert, Ryan ‘19, Jennifer, and Jason ‘13

NEW TRUSTEES

M O M E N T S

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The Moran Family: Scott Faulhaber, First Grader James Faulhaber, Barbara Moran, Karen Faulhaber, Sloane Faulhaber, Tom Moran, and David Moran

TOM MORAN

“SIMPLE THINGS can make such a difference.” This succinct philosophy of Tom Moran, one of Viewpoint’s newest trustees, speaks volumes. “I didn’t come to Viewpoint,” explained Tom, “but my grandson did.” Tom is the proud grandfather of First Grader, James Faulhaber. His daughter Karen and son-in-law Scott Faulhaber found Viewpoint in their search for the perfect school for their family. It didn’t take long to recognize the exceptional expertise that made “Papa,” as he is known by both James and younger sister Sloane, a perfect fit for Viewpoint’s Board.

Officially retired since 2002, Tom has been enjoying some of the fruits of his labors in addition to managing the administrative operations of his wife Barbara’s relocation business. However, Tom will be forever credited with the major role he played at the University of Southern California overseeing the dramatic growth of the Health Sciences Campus and the transformation of the University Park Campus.

In 1962, only in his mid-20s, Tom was the youngest director ever of a Wisconsin state agency and held various appointed state

offices under three administrations. Tom returned to his alma mater, the University of Wisconsin, Madison, for both a master’s and doctoral degree before being recruited in 1979 to USC’s Health Sciences Campus (HSC). He was instrumental in the launch of the USC University Hospital and Norris Comprehensive Cancer Center, where under his leadership this portion of the campus tripled in size.

As Vice President for Business Affairs, Tom managed USC’s physical plant and non-academic services, from new construction to housing and dining, the campus police, and the bookstore.

He was responsible for $240 million of the university’s annual operating budget and more than 1,400 full-time employees. He was also responsible for $500 million in capital construction.

“My parents highly value education,” expresses his daughter Karen. “Even now, for my own children, they strive to create teachable moments and never miss an assembly, soccer game, or recital. I am so pleased that my father is sharing his gifts with our School.”

Kayla Azad ‘19

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20.5%

Tuition and Fees

83.3%

2013-2014

Salaries and Benefits

Total Revenues

2013-2014 Total Expenses

10.6%

Annual Contributions

5.6%

5.2% Auxiliary Programs 3.4%

4.2%

Unrealized Gain on Investments

0.5%

Interest Income

Facilities

Auxiliary Programs

Fund Raising Expense

Viewpoint reported outstanding financial results for the 2013-14 academic year. Strong enrollment led the way to total revenues that exceeded the budget. funds also were able to enhance the 2013-14 operating budget, thus benefiting the programs utilized by today’s generation of Viewpoint families.

AS IMPORTANTLY, our management team at Viewpoint collectively succeeded in meaningfully enhancing student programs while still effectively keeping our costs in line with budget. Accordingly, Viewpoint was once again able to use a significant operating surplus to grow its long-term capital reserves. These reserves, which are targeted for future needs such as the long-term maintenance requirements for our facilities, are critical to building the School’s long-term financial foundation. Viewpoint’s endowed and reserved funds, once again enjoying a strong year of investment returns, finished the year at record levels.

Viewpoint’s excellent financial results for the 2013-14 academic year represent a continuation of a trend of strong performance over the last several years. If one takes a global look at Viewpoint’s financial trends over the past 12 years, there emerges a pattern of “sources and uses.” This pattern is characterized by periods in which we source capital in preparation for those periods wherein we use that capital to dramatically grow and to modernize Viewpoint’s facilities and programs. Historically, our sources have come from the surpluses generated by our relatively consistent and favorable operating results, our strong long-term investment results, the incredible generosity of our community, and favorably priced borrowings under long-term credit facilities that have been achievable because of Viewpoint’s strong financial position. Of course, the uses of these funds are readily visible to our students and families who enjoy our incredible campus and programs.

The Board of Trustees continues to focus on ensuring that future generations at Viewpoint are not unduly burdened when significant needs for funding arise. However, in addition to ensuring Viewpoint’s future, specific endowed and reserved

One possible analogy is to think of Viewpoint as an athlete running a series of track races. Our athlete needs a strong heart to endure periods of intense activity interspersed with quieter periods during

which we prepare for the next race. In our analogy, my report for the 2013-14 year could be summarized as “Viewpoint’s financial heart beats strongly and is ready for future races.” This is indeed fortunate because, as the 2013-14 year ended, Viewpoint embarked upon its next race with the groundbreaking for construction of our new Primary School and the renovation of our Lower School. This will be followed by other projects that will ultimately comprise a total redevelopment of the southwest end of our campus. As we prepare for this next race together, rest assured that, with the support of our community, Viewpoint’s financial heart will be up to the task just as it has been in the past.

First, last spring we were fortunate to attract Ms. Diane Shank as Viewpoint’s Chief Financial Officer. Diane has hit the ground running and already made important progress furthering the effectiveness of our Business Office. Viewpoint’s Controller, Mrs. Lissa Sholty, has demonstrated once again her commitment to our School through her critical work with Diane. Mr. Paul Rosenbaum, recently appointed our Interim Head of School, has been a tremendous resource to the Finance Committee’s work.

Lastly, I want to mark Dr. Bob Dworkoski’s transition to his new role as President of the Viewpoint Educational Foundation by personally thanking Bob for his incredible leadership over these past many years.

In an effort to prepare for races well into the future, over the past 18 months Viewpoint consummated the acquisition of additional properties adjacent to our existing campus, which will expand our footprint by 15 acres to a total of 40 acres.

Our Board of Trustees believes that these forward-thinking purchases of land for our School will pay tremendous dividends for Viewpoint’s long-term future.

Thank you for your continued support.

Robert Webster Chair, Finance Committee Board of Trustees

I wish to close by acknowledging a few of the people that have been critically important to the Finance Committee this past year.

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FINANCIAL REPORT

R E P O R T

0.8%

Financial Aid F I N A N C I A L

7.3%

58.6%

Academic Programs