Page 4 - 2016-17 Annual Report-FINAL
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LETTER FROM THE CHAIR                                                                                                                                                                                   FINANCIAL REVIEW






                                                                                                                                            Thank you! It is because of the generosity of the myriad individuals and corporations listed on the following pages that Cor
                                                                                                                                            Jesu is able to provide the premier Catholic education that has become a hallmark of excellence for young women in the St. Louis
                                       Dear Friends,                                                                                        area. Donations to the Annual Fund, Endowment Fund (including Alumnae Class Endowed Scholarships), Auction and Golf
                                                                                                                                            Tournament enable us to provide unsurpassed education for CJ students of today and tomorrow, award financial assistance to 28
                                       Having the opportunity to serve as chair of the Advisory Council provides a most inspiring           percent of our families, contain the cost of tuition and contribute to academic and co-curricular programs. Your yearly donations
                                       perspective of the Cor Jesu community’s generosity, and it is one that I am most grateful to         help Cor Jesu keep in step with and, where possible, be innovators for our students and for the future of the school.
                                       witness. The passion with which alumnae, current and past parents and our many benefactors
                                       support and serve the school speaks volumes to Cor Jesu’s mission and the charism of the
                                       Apostles of the Sacred Heart of Jesus. “Total education” means more to the CJ community than                   2016-17 ANNUAL FUND                              FIVE-YEAR FINANCIAL-AID GROWTH
                                       implementing a strong and academically challenging curriculum. It also requires nurturing                 CONTRIBUTIONS TO ANNUAL FUND: $603,099                    ANNUAL FUND, ENDOWMENT, OPERATIONS
                                       the whole person, spiritually, academically and morally, as well as offering opportunities that
                                       challenge the young women to become servant leaders and responsible members of the global                                               Advisory Council
                                       community. Providing the total education of young women is seen as a collective responsibility           Matching-Gift                     $18,371            $1M                                          $974,181
                                                                                                                                                                                    3%
                                       that the Cor Jesu community shares, and takes to heart.                                                   Companies                                           $900K                               $886,685  $661,042
                                                                                                                                                  $ 23,889        Friends                                                       $845,000  $599,627
                                                                                                                                                    4%            $76,860                            $800K             $773,000  $598,713
                                       Thanks to that steadfast and heartfelt commitment to ensuring that all Cor Jesu students              Faculty/Staff          13%                                                $580,444
                                       experience the premier Catholic education that the school has provided for 61 years, more than          $3,182                                                $700K    $663,000
                                       $603,099 was donated to the 2016-17 Annual Fund to support Cor Jesu students and innovative              1%                                                   $600K    $501,233
                                       programs. Combined with the interest earned from the $6.3 million Endowment Fund and                Grandparents                                Current       $500K
                                                                                                                                                                                       Parents
                                                                                                                                              $9,362
                                       school operations, $974,181 was awarded in financial assistance to 144 qualifying families this         2%                                      $217,635
                                       year.                                                                                                                                            36%          $400K
                                                                                                                                             Alumnae
                                                                                                                                             Parents                                                 $300K                                        $313,139
                                       As we step back and look at the big picture of what a Cor Jesu education means for the students,      $41,990                                                 $200K                      $246,287  $287,058
                                                                                                                                               7%
                                       all the pieces that comprise the entire experience come into focus. On behalf of the Advisory                                                                          $161,767  $192,556
                                                                                                                                                                 Alumnae
                                       Council, I would like to thank you for your continued support of Cor Jesu Academy. We are                                 $211,810                            $100K
                                       accutely aware of and extremely grateful for your contributions that allow Cor Jesu students to                             35%                                        2013-14  2014-15  2015-16  2016-17  2017-18
                                       contribute their unique piece within the whole community.                                                                                                               from Endowment Fund         from Annual Fund and
                                                                                                                                                                                                               (includes Alumnae Class     Operations
                                                                                                                                                                                                               Endowed Scholarships)
                                       Sincerely,


                                                                                                                                                                       FINANCIAL-ASSISTANCE BY THE NUMBERS

                                       Tina Burniski Klocke ’78
                                       Chair, President’s Advisory Council                                                                       $1,500-                       28%                    $974,181                     $313,139
                                                                                                                                                $6,000                      OF CJA FAMILIES                   TOTAL                   SCHOLARSHIP
                                                                                                                                                                                                                                          2017-18
                                                                                                                                                                               RECEIVING
                                                                                                                                                FINANCIAL AID                FINANCIAL AID               FINANCIAL AID                   AWARDS
                                                                                                                                                                                                           AWARDED TO
                                                                                                                                               RANGE AWARDED                   IN 2017-18                 QUALIFYING                    FROM THE
                                                                                                                                                TO QUALIFYING                                              FAMILIES IN                ENDOWMENT
                                                                                                                                                    FAMILIES                                                 2017-18

                                                                                                                                                                            EARNINGS FROM                                         $603,099
                                                                                                                                                $5,000                       $6.3M                        221%
                                                                                                                                                                                                                                         2016-17
                                                                                                                                                    AVERAGE                  ENDOWMENT                    GROWTH OF                  ANNUAL FUND
                                                                                                                                                FINANCIAL-AID                  FUND ARE                   ENDOWMENT                    DONATIONS
                                                                                                                                                    AWARD                    RESERVED FOR                  FUND SINCE
                                                                                                                                                                             FINANCIAL AID                JUNE 30, 2007
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