Page 32 - 20-21 Annual Report

Financial Overview

Thanks to the generosity of the individuals, families and corporations listed on the
following pages, Cor Jesu continues its mission to prepare the next generation of women to
build a brighter future. Your gifts allowed Cor Jesu to adapt and thrive in uncertain times, as
well as provide innovative tools and equipment to foster a top-notch learning environment.
Additionally, your support has given Cor Jesu the means to award financial assistance to
nearly half of our families. Thank you for Sharing the Love of the Heart of Christ with us –
we are forever grateful!

2021-2022 49
%
Financial 271
Assistance OF CJA FAMILIES CJA STUDENTS
RECEIVING
RECEIVING
Numbers FINANCIAL AID FINANCIAL AID

$2.16 $1,200-

Million $8,025 $18,300
TOTAL FINANCIAL AVERAGE RANGE OF FINANCIAL
AID AWARDED FINANCIAL AID AID AWARDED TO
TO QUALIFYING AWARD QUALIFYING FAMILIES
FAMILIES

WE ARE PLEASED TO SHARE THAT WE INCREASED OUR ENDOWMENT FUND
BALANCE BY $2.4 MILLION OVER THE LAST FISCAL YEAR, FINISHING OUR
2020-2021 FISCAL YEAR WITH AN ENDOWMENT FUND BALANCE OF
2020-2021
$11.11 million! Total Giving
$2.2M
$20M

$15M $15.23M $16.57M $18.02M ANNUAL FUND
GIFTS AND

PLEDGES:
$10M $11.11M $10.82M $11.79M $12.85M $13.99M ENDOWMENT
$980,000
$8.35M $8.34M $9.10M $8.67M $9.92M $9.97M EVENTS:
$5M $305,000

NEW CAPITAL GIFTS
AND PLEDGES:
$0 $32,000
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

10-YEAR FORECAST BLESSED CLELIA SCHOLAR
PROGRAM GIFTS:
Growth is forecast at 6% per year on invested funds.
This chart also assumes fundraising goals for Endowment are met. $897,000
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.

30 | FY 2020-21 DATES: JULY 1, 2020-JUNE 30, 2021