Page 30 - 2019-20-AnnualReport

Financial Review

Thanks to the kindness of those individuals, families and corporations listed on the following
pages, Cor Jesu continues its mission to educate and empower young women. Your gifts
have allowed Cor Jesu to adapt in unprecedented times, and find innovative ways to provide
an exceptional education, with top-notch facilities and equipment to all qualified students.
In addition, your support has given Cor Jesu the means to award financial assistance to
47% of our families this school year. Thank you for Sharing the Love of the Heart of Christ with
Cor Jesu – we are forever grateful!

2020-2021 47
%
Financial 270
Assistance OF CJA FAMILIES CJA STUDENTS
Numbers RECEIVING FINANCIAL AID RECEIVING FINANCIAL AID

$1.95 $600–

Million $7,255 $17,373
TOTAL FINANCIAL AVERAGE FINANCIAL RANGE OF FINANCIAL
AID AWARDED AID AWARD AID AWARDED TO
TO QUALIFYING QUALIFYING FAMILIES
FAMILIES

We are pleased to share that we increased our Endowment
Fund balance by $316,000 over the last fiscal year, finishing
our 2019-2020 fiscal year with an Endowment Fund balance of
2019-2020
$8.66 million! Total Giving

$20M $1.77M

$15M $15.42M $16.79M $18.28M Annual Fund

Gifts and
$10M $10.86M $11.88M $12.97M $14.14M Endowment
Pledges:
$8.36M $8.34M $9.13M $8.66M $9.97M $911,321
$5M
Events:
$409,546
$0
2019 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 New Capital Gifts
and Pledges:
Growth is forecast at 6% per year. Contributions this fiscal year $450,070
totaled $559,000. The goal for contributions in FY 2021 is $275,000
increasing at a stair step rate of $25,000 per year through FY 2028.
The Strategic Plan calls Cor Jesu to continue to fund significantly more scholarships and to increase
accessibility for families of need. To achieve this, our 2028 Endowment Fund goal is $18 million.

28 | FY 2019-20 DATES: JULY 1, 2019-JUNE 30, 2020