2012
2011
report on Philanthropy
2012 report on 2011
Philanthropy Table of Contents
4 6 11 12 18 20 22 24 42
Vision /Mission Statement Core Values at BCD Letter from Head of School Making A Difference Community Service at BCD Technology Update Athletic Update BCD Donors 2011-2012 Financial Update
our vision
our mission
Our vision is to be an exemplary independent school, combining traditional education with innovative learning tools to develop tomorrow’s leaders.
Our mission at Boulder Country Day School is to provide a well-rounded, classical education of academic excellence and character development in a safe environment, inspiring our students to reach their full potential as lifelong learners and responsible, globally aware citizens.
values
our core
character development Beyond social skills, we focus on the developmental needs of children, including communication, self-advocacy, empathy, integrity, conflict resolution, self-confidence, maintaining friendships, and decision making.
intellectual curiosity Beyond being “motivated,� BCD students are infused with intellectual curiosity, have a quest for knowledge, are moved to explore, love a challenge, and are proud of their accomplishments. They reach and exceed the high expectations of our excellent faculty with whom they build strong relationships.
social responsibility BCD students are known for their positive attitude, courteous behavior, good judgment, global awareness, and contributions to their community.
a letter from our
head of school
Donor generosity allows the school to provide the very best academic, fine arts and athletic programs for our students.
Dear Friends of BCD, The spirit of giving is alive and well at Boulder Country Day. That will become apparent as you read through this 2011-2012 Annual Report. Last school year over $400,000 was raised through our two major fundraising initiatives: The Annual Fund and Love of Technology and the Arts (LOTA). Through the generosity of the people named in this report, many enhancements to our overall program were made possible. Everyday Excellence. Income generated from the Annual Fund touches every aspect of the Boulder Country Day experience because tuition revenue does not cover the entire operating budget. The gap is covered by the generous donors to the BCD Annual Fund. This generosity allows the school to provide the very best academic, fine arts, athletic programs, and character education for our students. Advanced Equipment for Classrooms. The art of teaching has evolved since the turn of the century. Mastery of the basic skills still dominates in the BCD classroom; however, the methodology to deliver that curriculum is enhanced through technology. The Annual Fund and LOTA provided the funds to purchase computers, Mimios (similar to a Smart Board) and Elmos (a sophisticated overhead projector) for our classrooms. All facilitate learning for our children. Well Planned Space. The paddle raise at LOTA was significant in funding a renovation for the Administrative Building. New paint and carpet provided a much needed face lift for the building; however, the makeover of the Art Lab and the Elementary School Science Lab were the true gems of the project. Both rooms are now beautiful and are so much more conducive to learning. Books, Books and More Books. Through the generosity of our community, an overhaul of our elementary school reading program was made possible. Over a thousand leveled reading books were purchased to provide our students a plethora of reading material spanning a wide range of abilities. The children’s reading skills have grown considerably as a result. As Roie and I depart this wonderful community, I have total confidence that BCD will continue to grow and flourish. This belief is based on the knowledge that Boulder Country Day is comprised of a strong group of families who share a common goal with our faculty, staff and administration: providing the best educational program possible for our children. From the bottom of my heart, I thank each and every one of you for the time, energy, and philanthropic generosity you have shown during my time as Head of School at BCD.
With a thankful heart,
Mike Shields
philanthropy
really does make a difference!
Each year, donor support provides exceptional opportunities to BCD students and teachers. BCD’s generous giving has been vital since
the school’s founding in 1998. While tuition supplies a strong financial base, gifts from donors sustain the Everyday Excellence to ensure we honor our commitments to give children the most complete education imaginable.
more than
knowledge
“After just finishing my first semester of college, I constantly look back at the various things Boulder Country Day School has taught me. Not only was the actual education I received beneficial but there are things outside of the classroom that I will carry with me forever. It wasn’t until I reached high school that I truly realized and appreciated everything I learned from BCD. I started off ahead of my peers in math and science, and I excelled in English because of my knowledge in Latin. I was able to use what I had learned at BCD to go beyond what I thought I would be able to do. At BCD it was more than just the knowledge and facts that the teachers were teaching us. It was the closeness we had with them that helped us succeed in all areas of our lives. Every teacher knew every student not only by name but by her strengths and weaknesses as well. The first two years of middle school, I struggled with math. It was when I was in Mrs. Wilson’s 8th grade class that I realized how valuable the teachers at BCD were and how the relationship I had with them made a difference in my academics. She worked with me one on one, and within a few weeks I not only understood the information, but I excelled. Math ended up becoming my favorite subject throughout high school and now in college. Another person that stood out to me was Mr. Alexander. I had no idea where I wanted to go to high school but after talking to him, he led me in the right direction. He told me Niwot would be the best fit for me. I trusted him with this choice because of the close relationship I had with him. He knew not only about my academics but my personality as well and chose the school where he knew I would succeed best at. Going to Niwot was the best decision I could’ve made and has led me to where I am at today.” Katie Balsley, BCD Alumni, 2008
“We appreciate that our grandchildren are being welleducated to face the complexities of this modern world...
a vote of
confidence
“The science fair was fantastic, especially the kids’ enthusiasm for their projects. They all were a little nervous, as should be expected, but they all delivered great presentations. The content of the
Our donation to the 2012 Annual Fund is a vote of confidence in Boulder Country Day School!” – Charlton and Noni Ames, Grandparents of Edward McDevitt, Kindergarten and Sophie McDevitt, 1
–Jack Stroud and Samantha Sessa
presentations was exceptional considering the age of the children. They left me thinking if only I had a science curriculum like BC D when I was a kid!” – Matt Morton
community
service at BCD
There is not a specific “season of giving” at BCD. Giving is woven into the fabric of who we are as a total school community.
Community Service at BCD is defined as involving the community in doing for others. We share our abundance with those who have less not just because we can, but because we want to do so. This commitment is evidenced throughout the entire school during the academic year. Food drives net thousands of pounds of food for those in need; plastic bags are recycled for the local food bank to use; hundreds of pounds of candy are collected for the troops; shoes are given to be sent to Africa; stuffed animals are shared so others have something special to hug; hundreds of turkeys are collected for families so they can have a filling holiday meal. Every grade, K – 8th, also participates in service field trips: • K, 1st, 2nd grades go to the local food bank and help sort, pack, and shelve. • 3rd grade goes to a Head Start program to read to young children. • 4th grade makes sandwiches and hands them out at a homeless shelter. • 5th grade works together with senior citizens to assemble snack bags for families with hospitalized, critically ill children. • 6th grade assists in cleaning out ditches so the waters can flow freely again. • 7th grade collects food and takes it to a wild animal sanctuary. • 8th grade goes to the food bank and takes part in an economics class on poverty, and the class prepares a budget trying to make ends meet on a very limited budget. Our students are learning first-hand about real-life issues facing society. They are experiencing the joy of sharing and giving back, and they have great empathy and compassion or others, and they are learning each individual can make a difference. Our students embrace the school’s mission by striving to be responsible, globally aware citizens. – Roie Shields | School Support Associate
technology update
It is only through generous donations from the Annual Fund and LOTA that BCD is able to afford all the technology enhancements that enrich our campus. As we move further into the 21st century, the reality is that these technologies are not so much enhancements as they are a way of life and learning, making your support that much more important. This year LOTA contributions funded a brand new computer lab in the administration building and provided a new laptop cart for use in the elementary grades. Both are enjoyed every day by our students as they take virtual field trips, create multimedia projects using digital images and audio, enjoy word processing their writing assignments, and benefit from the incredible wealth of educational resources this technology places at their fingertips. I see the positive impact access to these resources makes for our students every single day; thank you for making a difference!
Gabrielle Hernan | Technology Director
BCD
athletics update
go Bulldogs!
Boulder Country Day School Athletic Report
As the Athletic Director of Boulder Country Day School, I am so proud of all our student-athletes who wear the Bulldog uniform. While all of our teams had winning records, it is more than the win-loss record that we hope our athletes take along with them when they leave BCD! We teach hard work, teamwork, dedication, accountability, and respect each and every day we step out on the competition fields and courts! During the 2011-2012 school year, Boulder Country Day had another successful year of athletics. We competed in boys/girls cross country, girls volleyball, boys soccer, as well as boys /girls basketball. We had over 100 student-athletes, ranging from grades 5th-8th grade, competing on 9 teams. Our cross country team competed in 6 meets during the fall season. The race that our runners anticipated and excelled at the most is our own Boulder Country Day Invitational. Our boys finished in the top 3 of 10 teams while the girls finished in the top 5 of 12 teams. The girls volleyball team and boys soccer team had very similar seasons. Both teams only experienced a single loss for the regular season. The girls volleyball team was able to take their success from the regular season to take 3rd place in the annual Jr. High School Volleyball State Championships in Fort Morgan, CO. To wrap up the school year of athletics, the boys and girls basketball teams (4 in total), kept in stride with the pride and success. Both the junior varsity (JV) and varsity boys basketball teams had winning seasons. The girls varsity team suffered only one loss all season in their first game of the year. Henry Ford once said, “Coming together is a beginning; keeping together is progress; working together is success.� The BCD student-athletes and athletic department showed once again how successful it can be! Veronica Johns-Richardson | Athletic Director
donors to the 2011-2012
annual fund
Boulder Country Day School’s Philanthropy Report allows us the opportunity to acknowledge the families, friends, grandparents, alumni, foundations, and corporations for their support of our Annual Fund Campaign. The Annual Fund is a vital aspect of the school’s fundraising efforts. In addition to helping bridge the gap between tuition and total costs, the generosity of our community contributes to the salaries for our fantastic teachers, competitive athletics, premier academic programs, the remarkable teacher-to-student ratio, the maintenance of our beautiful campus, enriching performing and visual arts programs, and so much more. Every dollar contributed to the Annual Fund Campaign makes a valuable difference in every child – every day at BCD. The donors listed in this report made gifts to the School between August 1, 2011 and July 31, 2012.
Contribution Level:
Benefactor $5000 +
Susan & Joe Brooker Staci & Greg Collins Brooke & Andrew Davison Deirdre & Bradford Fayfield
Contribution Level:
Jennifer & Scott Moore Andrea & Peter Resnick Melinda & David Wilson
Partner $2500 +
Britt & Dan Drake Lisa & Michael Johnson Patti & Buddy Ketchner Mayer-Phillips Foundation
Rachel & Scott McMorris Samantha & Kevin O’Hara Ilena & Paul Sica
Contribution Level:
Leader $1000 +
Charlton & Eleanor Ames Kristin Baird Suzanne & James Balog Robyn & Bill Balsley Heidi & Dale Bathum Paula & Mac Bowyer June & Doug DaPuzzo Cindy & Joel Davis Leslie & John Dodge Susan & Scott Drake Julie & Steven Erich Louise & Neil Gorsuch Louise & Steve Griffith Kremena & David Gross Eugenie & Kerr Holbrook Roberto & Barbara Iglesias Tiffaney & David Janowicz Carey & John Kerschner Jessica & Chris Koehler Natalie Rekstad-Lynn & Scott Lynn Marta Carrillo & Bart MacGillivray Beth & Chris Marks Janey & Adams Miller
Contribution Level:
Catherine & David Moll Christy & Jay Orris Nina & Tim Pater Lisa & Duer Reeves Kaycee & Kurt Richarz Tami Salazar Susan Juroe & Michael Schonbrun Amanda & John Sessa Roie & Mike Shields Lisa & Andrew Shoemaker Leslie & Stosh Sosnowski Liz & Brion Stapp John Suitor, Jr. Jennifer & Eric Weissmann Jennifer & Jon Wittemyer COVIDIEN FAEGRE & BENSON FOUNDATION FISHER FAMILY IBM COMMUNITY RELATIONS NICHOLS FOUNDATION
Patron $500 +
Ray & Marsha Ambraziunas Adrienne & Bryce Ambraziunas Kara & Mike Arnold Jenny & Tom Bailey Beth & Jason Baldwin Dana & Brad Bickham
Denise & Ron Cook Denise & Derek Curd Carminda & John Fischer Mary & Andy Hardwick Kay & Tim Hartrick Carol J Hampf & Peter Kloepfer
The Annual Fund is a vital aspect of the school’s fundraising efforts...
Michelle Drury & Marcie Lavigne Cheryl & Sean McConnell Isabel & Ed McDevitt Marisol & Colby Pearce Sandi & Steve Shaw Carolina & Peter Smith
Contribution Level:
Britt & Keith Steiner Norm & Holly Steiner Boulder Philharmonic Orchestra QUALCOMM IBM CORPORATION
Friend $499 (or less)
Rebecca & Frank Amoroso Andrea & Reece Auguiste Michelle & Mike Barbour Chris & Larry Bennett Jennifer C. & Frank Bergen Evelyne Bickley Joanne & Dan Biggar Ken Birgen Karen & David Blake Jan & Jack Bloss Julia Bond Julia & Bill Brannan Rita Brooker Lisa Lund-Brown & Buddy Brown Michele & Chris Burke Kimberly & John Carter Debora & Felipe Castro Dianna & James Champion Audrey & Roger Chivukula Kath & Greg Courter Aimee & Will Day Sarah & Tom Defrancia Amand Demler Nicole Distefano
Hayden Dodge Allison & Ted Doering Kara & Spencer Edmunds Cindy Silvis & George Eliopulos Melinda & Steve Elzinga Honor & Doug Engle Adam Evjen Katy & Brent Fassett Shara & Zach Feldman Ann Kasunich & Thomas Ferland Chloe Fitch Lynn & John Fleming Jim Fox Eileen Gang Bissy Gaudiano Becky & Tim Gebhardt Sheila & Alan Gil Julia & Stephen Glennon Jeff Gomez Maria & Hermes Gonzalez Ruth Balster & Ed Goodman Kaylin & Kimala Gray Hilarie & Horacio Gutierrez
Contribution Level:
Friend $499 (or less)
Lucie & Adam Guyot Marjorie Hargrave Nancy & Gordon Harris Cindi & Daniel Hart Tricia Hawkins Mary Pat Hepp Gabe Hernan Mary Beth & Matt Holland Janet & Jeff Humphrey Barbie Iglesias Jill & Lee Johnson Veronica Johns-Richardson Joyce Jones Jennifer & Norman Jones Joan P. Karl Jennifer & Chris Kauflin Robin & Mike Kendall Doyle Kersey Olya & Mark Kightlinger Carole & David King-Hurley Kathy Kofman Stacey & Michael Kotson Sterling & Mark Kranjcec Julie Haggerty & Michael Kraus Emily Krecke KC Becker & Miles Kunkel Christine & Travis LaBerge Cherilyn & Bruce Lampert Michelle NG & T.E. Law Ulla & Mani Lee
Sandra & Adam Lefkoff Patti & Neal Lemlein lynn & Doc Leonard Wendy & Arnold Lewis Edie & John Lilly Marie & Juan Mancin Sally & Jim Marks Amy McBrair Meghan & Joseph McGowan Jill & Lee McNaul Marilyn & Charles S. Mechem Katherine & Bud Millard Sarah & Charles Mitelhaus Charlie Mitelhaus Dianne & Kyle Moller Heather & John Murray Steve Myers Roslyn Kitchen & Justin Nelsen Kristen Nelson Lori Nothwang Isabela & German Nunez Ryan Parker Ann Martin & Tony Pearson Elizabeth Perillo Jill & Matt Phillips Mei Yi & Jim Putman Laurie & Ed Radatz Kathy Ransom Gwynn & Mike Reback
Every dollar contributed to the Annual Fund Campaign makes a valuable difference in every child. Christine Hansen & Eric Reish Jacqueline & Chris Ringwald Becky Roach Guio Bravo & Igor Rodriguez Emily & David Rothman D’Anne & Tim Rudden Stephana & Doug Ryder Wendy Nelson & Eric Savage Stephanie & Paul Scheffler Patience Schram Nancy & Jeff Schuler Amanda & John Sessa Cheryl Dial & John Sesser Gretchen & Dale Shaffer Padma & MK Shandas Sarah Novotny & Robin Shandas Carolina & Eric Shannon Trish & Bo Sharon Erin & Kip Sharp Lorie & Daniel Shetter Anne & Mark Shusterman Doug Simkins Lynn Singer Rebecca & Warren Smith Tami & Conley Smith Jennifer & John Sotiroff Carla South Meleah & Greg Spencer Sharad Tewary Ann-Marie & Brian Tewey Laura Ann & Ricky T. Tidstrom Molly & Matthew Tindle
Laura & Christopher Tompkins Lucy & Adrian Tuck Brenda & Bill Tuohig Dana Vallely Jill & David VanNoord Stephanie & Paul Vaughn Shannon & Kris Wagner Sarah Warhaftig Susie & Mike Wasson Deborah Webb Deirdre & Kurt Weber BJ Min & Mark Weseman Natalie Wilkos Karen & Charles Williams Bette Williams Randie Wirt Katherine & Daniel Wittenberg Sonya & Timothy Yungeberg Laura & Kenneth Zedan Diana & Andrew Zimmerman Katherine Zuetell BALL CORPORATION COVIDIEN ORACLE CORPORATION QUALCOMM XILINX
foundations and corporate
matching gifts
Boulder Country Day is profoundly grateful for the continued generosity of the following family foundations, as well as for the corporate matching gifts kindly facilitated by members of the Boulder Country Day community.
Ball Corporation Covidien Faegre & Benson Foundation Fisher Family IBM Community Relations IBM Corporation Nichols Foundation Oracle Corporation Qualcomm Xilinx
honor &memory gifts in
Family and friends celebrate the lives of classmates, faculty members, parents or other loved ones through gifts to Boulder Country Day School. These gifts become part of the school’s operating budget, unless specifically designated for a special purpose.
Gifts in Honor of:
Gifts in Memory of:
Blair & Pete Chandler The Nichols Foundation
Mr. Scott Alexander Karen & David Blake Stephana & Doug Ryder
Olivia Davis Jan & Jack Bloss Iain, Stephen & Will Griffith Louise & Steve Griffith Lynn & Doc Leonard Noah Kendall Robin & Mike Kendall Alexandra & Nicole Kerschner Joan P. Karl Edward & Sophie McDevitt Charlton & Eleanor Ames Griffin & Logan Tidstrom Laura Ann & Ricky T. Tidstrom
the
1988 society
This year, outside of our Annual Fund, BCD was incredibly fortunate to receive three gifts at the Founder’s Level of $10,000+!
Established in fall 2006, the 1988 Society recognizes donors who give $1000 or more during the fiscal year to support quality education at BCD. Adrienne & Bryce Ambraziunas Charlton & Eleanor Ames Kristin Baird Suzanne & James Balog Robyn & Bill Balsley Heidi & Dale Bathum Jennifer & Frank Bergen Dana & Brad Bickham Paula & Mac Bowyer Susan & Joe Brooker Staci & Greg Collins Denise & Derek Curd June & Doug DaPuzzo Cindy & Joel Davis Brooke & Andrew Davison Leslie & John Dodge Allison & Ted Doering Susan & Scott Drake Britt & Dan Drake Julie & Steven Erich Deirdre & Brad Fayfield Maria & Hermes Gonzalez Louise & Neil Gorsuch Louise & Steve Griffith Kremena & David Gross Kay & Tim Hartrick Kelly & Stephen Hatke Eugenie & Kerr Holbrook Roberto & Barbara Iglesias Tiffaney & David Janowicz Lisa & Michael Johnson Carey & John Kerschner Patti & Buddy Ketchner
Jessica & Chris Koehler Michelle Drury & Marcie Lavigne Natalie Rekstad-Lynn & Scott Lynn Marta Carrillo & Bart MacGillivray Marie & Juan Mancin Beth & Chris Marks Janet & T. Scott Martin Christa & Tim Mayer Mayer-Phillips Foundation Rachel & Scott McMorris Janey & Adams Miller Catherine & David Moll Jennifer & Scott Moore Samantha & Kevin O’Hara Christy & Jay Orris Nina & Tim Pater Lisa & Duer Reeves Andrea & Peter Resnick Kaycee & Kurt Richarz Tami Salazar Susan Juroe & Michael Schonbrun Amanda & John Sessa Roie & Mike Shields Lisa & Andrew Shoemaker Ilena & Paul Sica Leslie & Stosh Sosnowski Liz & Brion Stapp Britt & Keith Steiner John Suitor, Jr. Deirdre & Kurt Weber Jennifer & Eric Weissmann Mindy & David Wilson Jennifer & Jon Wittemyer
Kay & Tim Hartick | restricted gift for legal use Janet & T. Scott Martin | Martin Scholarship Fund Liz & Brion Stapp | The Stapp Summer Study Grant
the
powerof BCD donors
When you participate, BCD can build a stronger educational experience for our students. The power of BCD donors coming together through the Annual Fund is tremendous. The BCD Annual Fund raised $147,000 during 2011-2012. This represented 3% of BCD’s operating budget – meaning that every gift helped to sustain the extraordinary people and programs that make BCD an exceptional place to learn. Participation in the Annual Fund is a critical measure of the strength of a school. Our goal is 100 percent participation from our Board of Trustees, Faculty and Staff, and our Parents. High percentage rates send a strong message to outside foundation donors that our constituents value the education being provided at Boulder Country Day. Every gift – no matter the amount – makes a difference! The 2011-2012 fiscal year Annual Fund results:
Board of Trustees
Faculty and Staff
Parents
100% 100% 68%
BCD’s annual gala!
love of technology & the arts
Each spring BCD hosts a silent and live auction to support enhancements to the classroom and learning environment, which are not part of the school’s operating budget. Due to the generosity of our title sponsor, the Boedecker Foundation, and other sponsors, donors, participants, and committee members, BCD raised more than $100,000. LOTA 2012 Sponsorships: TITLE SPONSOR: Boedecker Foundation
PATRON SPONSOR: Monday Creek Resources LLC Sargent Bickham Lagudis
FACULTY SPONSOR: Jenny & Tom Bailey Heidi & Dale Bathum Paula & Mac Bowyer Susan & Joe Brooker Staci & Greg Collins Leslie & John Dodge Susan & Scott Drake Julie & Steven Erich Katy & Brent Fassett
$10,000 $500 $100+ Louise & Stephen Griffith Beth McDowell-Baldwin & Jason Baldwin Isabela & German Nunez Christy & Jay Orris Ann Martin & Tony Pearson Beth & Jim Reid Rebecca & Warren Smith Holly & Norman Steiner
LOTA 2011
paddle raiser
2012 was the year of raising the paddle in order to re-model the art classroom and the science lab, overhaul the elementary school reading program and initiate a 5th grade band. Adrienne & Bryce Ambraziunas Frank & Rebecca Amoroso Suzanne & James Balog Dale & Heidi Bathum Frank & Jennifer Bergen Brad S & Dana Bickham David & Karen Blake MacDonald & Paula Bowyer Joseph & Susan Brooker Debora & Felipe Castro Greg & Staci Collins Denise & Derek Curd Cindy & Joel Davis John R & Leslie B Dodge Allison & Ted J Doering Douglas & Honor Engle Julie & Steven Erich Bradford & Deirdre Fayfield Hermes & Maria Gonzalez David & Kremena Gross Kay & Tim Hartrick Janet & Jeff Humphrey Lisa & Michael Johnson Veronica Johns-Richardson Jennifer & Norman Jones KC Becker & Miles Kinkel Michelle Drury & Marcie Lavigne Juan & Marie Mancin Christa & Tim Mayer
Cheryl & Sean McConnell Ed & Isabel McDevitt Adams & Janey Miller Alison & Ron Mullin German & Isabela Nunez Nina & Tim Pater Ann Martin & Tony Pearson Joseph & Melissa Pichette Duer & Lisa Reeves Christine Hansen & Eric Reish Andrea & Peter Resnick Guio Bravo & Igor Rodriguez Tami Salazar Erin & Kip Sharp Mike & Roie Shields Ilena & Paul Sica Carolina & Peter Smith Greg & Meleah Spencer Britt & Keith Steiner Ann-Marie & Brian Tewey Brenda & William Tuohig Deirdre & Kurt Weber Eric & Jennifer Weissmann David C & Mindy J Wilson Randie Wirt Jennifer & Jon Wittemyer Daniel & Katherine Wittenberg Kenneth & Laura Zedan
BCD’s 2011-2012
financial report
Boulder Country Day School is recognized as a tax-exempt organization under Section 501 (c) (3) of the Internal Revenue Code. We operate on a fiscal calendar year that coincides with our school year – August 1st through July 31st. Our financial statements are audited annually by an independent certified public accounting firm. Condensed version of the Statement of Financial Position as of July 31, 2012 ASSETS Total Current Assets Property and Equipment Other Noncurrent Assets TOTAL ASSETS
$4,600,303 $6,038,678 $134,702 $10,773,683
LIABILITIES Total Current Liabilities $4,972,788 Long Term Liabilities $3,329,390 Interest Rate Swap $583,700 TOTAL LIABILITIES $8,885,878 NET ASSETS Unrestricted $1,706,982 Temporarily Restricted $180,823 TOTAL NET ASSETS $1,887,805 TOTAL LIABILITIES AND NET ASSETS
$10,773,683
Our Assets consist principally of (i) our school campus which includes a preschool, elementary school, middle school, gymnasium and administration building sitting on 5.58 acres of land in the Twin Lakes Technological Park, (ii) cash and cash equivalents, (iii) investments in fixed income mutual funds and (iv) accounts receivable. Our Liabilities consist principally of (i) $3,260,000 in principal owing under our 2006 Series Bonds, (ii) $324,084 owing to Wells Fargo Bank, NA under a term loan agreement to finance partially the 2009 -10 middle school expansion, (iii) a non-current mark-to-market exposure of $583,700 on our 3.98% interest rate swap on the outstanding principal under the 2006 Series Bonds and (iv) unearned tuition.
For the 2011-12 fiscal year, our school had net cash flow of $190,793. The following provides an overview of our cash flow for the 2011-12 fiscal year:
REVENUE Tuition and Fees $4,394,503 Donations $473,107 Investment Income $31,605 Other Income $22,970 TOTAL REVENUE $4,922,185 EXPENSES Salaries, Benefits & Taxes $3,342,596 Goods & Services $412,139 Educational Materials $178,606 Debt Service $507,496 Fixed Asset Purchases $157,838 Other Expenses $132,717 TOTAL EXPENSES $4,731,392 NET CASH FLOW
$190,793
our dedicated
staff & volunteers
BCDS Office of Development The Philanthropy Report is published annually by the Office of Development at Boulder Country Day School. The Development Office makes every effort to accurately record and acknowledge all gifts and contributions. If your record differs from ours, please contact us at 303-527-4931 Ext. 240 so that we may update our files. Thank you. This report contains information about contributions for the 2011-2012 fiscal year.
PTO Officers Cindy Silvis President Beth Marks Co-President / President Elect
Jenny Bailey Treasurer Andrea Resnick Secretary
Parents Council Melissa Pichette & Renee Isreal Preschool Andrea Resnick Pre K Catherine Lyle Kindergarten Natalie Rekstad-Lynn 1st Grade Bruce Mitchley 2nd Grade Carolina Smith 3rd Grade
Maria Gonzalez 4th Grade Minty Hallisey 5th Grade Beth Marks 6th Grade Jenny Bailey & Cindy Silvis 7th Grade Staci Collins 8th Grade Cheryl Dial MS Representative
Board of Trustees | Officers Joe Brooker Chair Jay Orris Vice Chair
David Moll Treasurer Eugenie Holbrook Secretary
Board of Trustees | Members Brad Bickham Neil Gorsuch Lucie Guyot Jennifer Jones Buddy Ketchner Travis LaBerge
Michael Schonbrun Ilena Sica John Suitor, Jr. Jon Wittemyer Katherine Wittenberg
Development Committee of the Board Jay Orris Chair Mike Shields Head of School
Julie Griffith Dir. of Development & Alumni Relations Ann-Marie Tewey Business Director
Peter Resnick Board Representative Carey Kerschner Annual Fund Chair
Respect Yourself. Respect Others. Take Responsibility for Your Actions.
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