2017-18 Annual Report by Seoul Foreign School

2017-2018

Annual Report

SEOUL FOREIGN SCHOOL

AN N UAL REP O R T 2 01 7 -18

Welcome

from the Head of School Dear SFS Community Welcome to our 2017-18 Annual Report. We appreciate your time and attention and hope you enjoy this brief snapshot of the school year. It was another incredible year for our school. Since 1912 we have been serving the foreign community in Seoul and we are happy to welcome almost over 1,400 students from 50 countries to the Elementary School, Middle School, High School and British School. Each and every child is valued and nurtured - we believe every child is individual and special. At Seoul Foreign School we inspire excellence and build character in all our students. Teaching and learning are at the heart of what we do. Here we share with you some of our academic highlights. We also give you a glimpse into Arts and Sport - two areas in which we have long thrived. We invite you to share our final university entrance data. Our Class of 2018 have gone on to study in some of the finest academic institutions. Each student carved their own path and chose the destination that suited them best. Our High School Counseling team advised and supported them every step of the way. As always, please remember this is a summary. My door is open to the community. We welcome you to Seoul Foreign School to discuss any aspect of this report or any other questions you may have. We appreciate your continuing support! God Bless Colm Flanagan 2

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Income and Expenses 17-18 Revenue

(Currency: KRW in thousands)

The income from 2017 SY to 2018 SY increased by 1.7%. Additionally, the net financial performance improved by a larger margin as the expenses decreased by 2.0%.

Tuition and Fees*

94.9% (52,889,610) Donations

0.02% (11,231) Investment and Other

5.8% (3,207,994) Financial Aid

-0.7% (378,183) Total

100% (55,730,652)

Expenses

4.0%

(1,966,287) Plant Operations

6.2%

(3,057,750) Other Programs***

1.1%

(536,210) Instructional

5.8%

(2,881,547) Supporting Staff Salaries and Benefits

14.6%

(7,230,329)

*Tuition, Transportation, Capital, Registration, Application fees, etc. ** Donations are only including unrestricted Annual Giving. ***Summer program, Transportation expenses, Spirit Shop, etc.

(Currency: KRW in thousands) General & Administrative

However, due to major construction, the net cash deficit for the year was about 12.2 billion Korean won offset by capital fundraising of about 800 million Korean won.

Depreciation

5.9%

(2,941,114)

Faculty Salaries and Benefits

62.5%

(31,048,451) Total

100%

(49,661,688) Net from Operation 6,068,964 Cash Flow

(Currency: KRW in thousands)

Net Cash Flow from Operations 9,010,078 Ordinary Capital Expenses (1,802,996) Construction Capital Expenses (19,421,360) Cash Flow Before Fundraising (12,214,277) Capital Fundraising 799,497 Net Cash Deficit for the Year (11,414,780) AN N UAL REP O R T 2 0 1 7 -18

17-18 Donor Community

e are delighted to report the generous support of the SFS Community for the 2017-18 Annual Fund. The community response this year surpassed any other year on record and we thank each and every one of our supporters, however big or small their donation. A total of over USD 1 million dollars in gifts and pledges was raised over the year with a variety of gifts towards Naming Rights, Centennial Stones, general donations to support the Building for the Future Fund, Gifts in Kind and other funds to support various academic programs at the school. Our totals raised across the year were: • Annual Fund (Upgrades to the British School Playground): USD 140,000 • Building for the Future Fund: USD 899,230 • Temporarily Restricted Funds: USD 23,500 • Endowment: USD 4,450 • Total USD 1,067,180** **Total fundraising includes pledged contributions which are not recognized as income until received.

17-18 Annual Fund Donor List As of June 29, 2018 *Didn’t graduate from SFS

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THE HERITAGE CLUB (Donated $100,000 or more) Anonymous The Friends of Seoul Foreign School The Haelyung Hwang Family The D. Kim Family THE MILLENNIUM CLUB (Donated $10,000 or more) Laura and Alice Chung Sarah Angelina ’22, Irina ’25 and Ivan S.A. ’27 Kim Rayoung (Madeline) Lee ’21

RED AND BLACK CLUB (Donated $5,000 or more)

John ’04, Stephanie ’05, Gibson and Miles Black Minsoo Choi, June Kang, Christian ’14 and Benjamin ’19 Choi Pin ’13*, Yin ’14 and Hong Chou ’23 Andrew Chung ’97*, Soo Youn Nam, Farrah ’29 and Micah ’34 Chung Colm, Sinead, Fionntan ’17 and Cormac ’19 Flanagan Young Han Hahm and Grace Kim Philip ’21* and Eugene ’26 Han The Horvath Family – Class of ’07, ’10, ’12 Heejae ’25 and Heewon ’27 Hwang The Kahng Family Emily Kim’26 Rose ’17 and Martin ’21* Kim Taylor ’14 and Tara ’18 Kim Jeneve Lee ’27 Jiwan ’17, Jay Won ’19 and Jay Joon ’25 Lee Josephine Lee ’22 Kyungsuh Lee Jina MacNeill, Class of 2026 Sophie ’27, Aimee ’29 and Philip ’32 Min Jack, Edie ’77, Melissa ’07* and Kayla ’10 Moon Katherine ’19, Jonathan ’21 and Xander ’24 Myong Transportation Seung Min Nam and Family Nicholas Howon Park ’93 and Eunie Lee Park ’00 Paul A. and Kay, JP ’79 and Helen, Paul D. ’04 and Hannah Rader HyunSeo (Reina) Roh ’22 Jeremiah ’21 and Judah ’23 Shim

THE CREST CLUB (Donated $1,000 or more) Anonymous Yoon Suh (Stephanie) and Jun Woo (Kevin) Chae Young Min Choe James and Sarah (Hubbard) Gunberg ’71 Hedi Hahm Euiseok Kim and Regina Ryu ’87* HakSoo Kim and KyonCha Ju Hyong Min Kim ’18 Ian Wonwoo Kim Jerome and Silvia Kim Lukas Kim Sebi Kim Anna Nahm ’18 Katherine and Justin Oh James J. Park Jessica ’15, Michael ’18 and Stephanie ’25 Woo Ryann and Riley Yang

CENTENNIAL CLUB (Donated $100 or more) Anonymous John Ahn Julien Ahn David, Libby, Hava, Acacia and Tolan Beaty Eunhi Cho Youngwoo Cho Yune Chung Kris Daly Michael, Jane and Lydia Forster Heejin ’06 and Matthew Gregory Brian and Lisa Hall Ryan and Sophie Hammerberg William and Florence Hammerberg James Hopkins Byeong Guk Jeon Reagan, Aiden and Michael Jun Byung Nam Kahng Chris Eensoo Kim Daniel Kim Jenna Kim Minji Kim Philip Kim

Seok Yun Kim Soon Rye Kim Su Yeon Kim Taehyeon Kim Yerin Amy Kim Jennifer Koenig ’92* Haejin Koh Soora Koh Joonmo Koo Gracie Kwak Riley Kwak Sammy Taeyoung Kwon Andrew Lee Chang Hee Lee Heung Sang (Hugh) Lee Isabelle Lee Jenny Lee ’86* Tae Hoon, Yuna and Yoojung Lee Keanu Ma Young Sik Moon Michael O’Donnell ’70 Nathan and Anna Park Damian Prest The Prest Family Andrew and Jia Rhee The Searles Family Alex Shim Philip Shin Justin and Shannon Smith Christopher Sykes The Teather Family Maddie ’15 and Christopher ’18 Thies Prema Thomas and Elish Pangitaj Yoojin Um Fred Underwood ’72 Esther Washburn Smith, Former Faculty Nathan, Megan, Adam, and Anna Walker Sun Woo Whang Cate and Mikey Yoon JB and JH Yoon

THE LEGACY CLUB (Made a monetary donation)

Young Bo Bae Ja Yong Choi Jong Chul Choi Kang Hoe Do Rebecca Emrich Seong Hoon Hong Wan Hee Hong Won Joo Hwang Woo Tak Jeon Jin Hyuk Joo Byung Shik Jung Dongsuk Kang Sang Oh Kang Cheol Hoi Kim Jung Soo Kim Hong Seo Koo The Kuhl Family The Lee Family Byung Joo Lee Jung Yong Lee Jae Hun Lee Seung Woo Lee Pauline Mott Byungsil Park Dong Jin Shin Chang Gun Yang Tae Yi

AN N UAL REP O R T 2 01 7 -18

The Academic Year

he 2017 - 2018 school year was a significant year of change in educational leadership at SFS. It was the first year of Jeff Holcomb as the new High School Principal. In Andy Freeman and myself, the school also appointed a new British School Principal and a new Assistant Head of School - Academics. We both spent considerable amounts of time with our predecessors and future team members in the latter half of the year to ensure a smooth handover. We also joined the Senior Leadership Team at the end of the year for a multi-day strategic planning session to plan for the upcoming 2018 - 2019 school year. With the planned introduction of the IB Middle Years Programme into the High School for August 2018, much collaborative work has been undertaken to ensure a smooth transition for students from the Middle School and the British School Key Stage 3 into the High School. This has led to students from both the British School and the Middle School generally feeling able to make an effective transition. Results from standardized tests and external exams taken by our students throughout 2017 - 2018 continue to indicate that our students are performing at a high academic level. This is highlighted by the following examples: In standardised tests (MAP tests) taken by all students in each grade from Grade 2 to Grade 8 in Math, Reading and Language, SFS students consistently scored higher than comparable international schools in the region. In SAT and ACT standardised tests in the High School our students scored at a consistent level as compared to previous years, which is

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significantly above world averages. The number of students who successfully completed the full IB-Diploma continued to increase with an average overall score of 34.5. This is significantly higher than world average but also the highest average reached by our students over the last 5 years. SFS students continue to attend top universities around the world with the 122 SFS graduates receiving 449 offers or acceptance letters from universities across the globe. When surveyed about their happiness in the university they would be attending, 90% of our graduates indicated they were happy to extremely happy (6 or above on a 1-10 scale.) The final highlight of the 2017 -2018 school year was the authorization verification visit by the IB for our Middle Years Programme in May 2018, leading to the IB authorising SFS as an IB MYP school later in 2018. SFS is now a full IB Continuum school offering continuous IB programmes from Kindergarten to grade 12. Jan-Mark Seewald, Assistant Head of School - Academics

2018 Student Population (As of September 1st, 2018)

European

Korean

12%

23%

Asian

ES MS HS BS Sum American 256 146 238 62 702 51% Korean 75 64 129 46 314 23% European 43 23 47 48 161 12% Asian 36 18 37 35 126 9% Australian 9 8 15 5 37 3% Other 2 4 10 8 24 2% 421 263 476 204 1364 100%

Australian

Other

Americans

51%

SFS Class of 2018 ACT & SAT Scores 2017 - SFS Class of 2018 Total Mean Score was 42.8% above the World Mean

2017 - SFS Class of 2018 Total Mean Score was 29.4% above the World Mean

2018 - SFS Class of 2018 Total Mean Score was 53.3% above the World Mean

2018 - SFS Class of 2018 Total Mean Score was 30.8% above the World Mean

SFS

1401 SFS

30.9 20.3

SFS

ACT

WORLD

1068

WORLD

2017

20.8

1083

1398 SFS

2018

2017

SAT

2018

SFS Composite Mean Score

World Composite Mean Score

World Composite Mean Score AN N UAL REP O R T 2 01 7 -18

Canada Brock University Concordia College (Moorhead, MN) McGill University x2 University of British Columbia x3 University of Toronto x2 University of Windsor

USA Bentley College Berklee College of Music Boston University x3 Brown University x2 Carnegie Mellon University x3 Case Western Reserve University Claremont McKenna College Clark University Cornell University x4 Dickinson College Emory University Georgetown University x2 Indiana University, Bloomington Ithaca college Michigan State University Michigan Technological University New York University x2

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Northeastern University x6 University of Georgia Pennsylvania State University University of Illinois - Urbana Champaign x9 Pratt Institute University of Massachusetts Amherst Princeton University University of Michigan University of Michigan, Ann Arbor Purdue University Rhode Island School of Design x2 University of Oklahoma Rollins College University of Rochester San Diego State University University of San Francisco University of Southern California Smith College University of Pennsylvania x2 Syracuse University x2 University of Texas, Austin University of California, Berkeley x2 University of Virginia x2 University of California, Davis University of Wisconsin, Madison University of California, Irvine University Southern California x3 University of California, Los Angeles x3 Washington University, St Louis University of California, Riverside Wesleyan University x2 University of California, San Diego x2 University of California, Santa Barbara

UK Imperial College London University of Bath University of Manchester x2 University of Sussex

Netherlands

Japan

Leiden University College The Hague Maastricht University Rotterdam School of Management, Erasmus University

Temple University Waseda University

Switzerland Les Roches International School of Hotel Management

South Korea University of Utah - Asia Campus Yonsei University-Underwood

United Arab Emirates NYU Abu Dhabi

Malaysia University of Nottingham

Class of 2018 Where Next?

e are delighted to share that our Class of 2018 have been one of our most successful to date. As a school we are concerned not just with university acceptance and final IB scores but with producing happy, well rounded students who are ready to take the next step. A fully supported Counseling team work with the students to ensure that they understand all the details of the study process and the application process. They explain the alternatives and have resources from around the world so each student chooses the course which is best for them. • Our Class of 2018 comprised 122 students • 449 University acceptances in total (excluding Australia/Korea offers) • 86 students went on to study in the USA; 9 in Canada; 5 in Korea; 5 the UK; 3 in Holland; 3 in Australia; 2 in Japan; 1 each in Spain, Abu Dhabi and Malaysia • 6 students went on to Military Service or a gap year • Total scholarships offered - $4,000,000 USD Our IB average score was 35 which is 18% above the world IB average! AN N UAL REP O R T 2 01 7 -18

A Year in Sport

eoul Foreign School continued to take pride in its reputation for sports in 201718. Competition and curriculum sports Under the leadership of Susan SellHaynes our SWEP sports programme thrived. We offered students extra curricular activities for two hours every evening and throughout Saturday mornings. Seoul Foreign School has long had an impressive reputation and this year was no exception.

2017-18 Annual Report - Sports Sports & Forensics Standings APAC

Fall

Tennis Vball Xcountry Basketball

Winter

Swimming Cheer Soccer

Spring

Badminton Swimming

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KAIAC - league

KAIAC - tournament

Boys - Champions

Super Girls - 2nd

Girls - Champions

Super Boys - 4th

Boys - Champions

Boys - 2nd

Super Girls - 5th

Girls - 2nd

Girls - Champions

Super Boys - 2nd

Boys - 3rd

Super Girls - 5th Boys - Champions Girls - 6th Boys - 5th Girls - 3rd ---

Girls - 2nd Boys - 2nd Girls - 6th --- --- ---

Girls - 3rd Boys - 2nd Girls - 4th ----2nd

Super Boys - 1st

Boys - 2nd

Boys - Champions

Boys - 2nd

Girls - 3rd

Girls - Champions

Boys - 4th

---

Girls - 3rd (first APAC medal ever!!!)

---

Boys - 2nd

---

Girls - Champions

Girls - 2nd

A Year in Arts

017-18 was a bumper year for our Performing Arts department. We put on over 40 shows across our three theatres. Performers ranged from 2-18 ande covered every area and class of the school. We showcased choirs, bands, orchestra, jazz ensembles, plays, musicals and nativities. Major hows included Grease, Bye Bye Birdie, Spamalot and Midsummer Jersey. These performances are made possible thanks to our incredible Performing Arts faculty and a host of volunteers including our Drama Mamas who coordinate costume, hair, makeup and so much more. Lighting, production and stage management are run by John Black with the support of our volunteer student program - Crusader Live. As well as our major productions we ran Christmas concerts by grade and school; string and full orchestra showcases. Our choirs performed in various guises and we had an amazing Night of Jazz. We also played host to APAC Dance and the KIMEA MS Honor Band Festival - as well as attending many other competitions and festivals within the Asia region. In all our theatre staff supported well over 900 performances and bookings. Our facilities were utilised to their maximum and our community afforded many a viewing and listening pleasure. AN N UAL REP O R T 2 01 7 -18

Thank you for Being Part of the Seoul Foreign School Community To learn more contact Head of School at colm.flanagan@seoulforeign.org Marketing Director at jane.forster@seoulforeign.org Admissions Director at madeleine.kim@seoulforeign.org

SEOUL FOREIGN SCHOOL

inspiring excellence, building character - since 1912 12

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