Bishop Seabury Academy

Fall 2016 Newsletter

Bishop Seabury Academy

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8 Bishop Seabury Academy Operating Income and Expenses T he Board of Trustees and Head of School believe fiscal integrity is a critical component of good stewardship. The school's pledge to its generous donors is utilization of gifts that effectively and efficiently achieve our mission. We live our school's mission each and every day. More than three-quarters of Seabury's resources support our students, faculty, and academic programs. Annual Fund $200,000 Auction $144,764 Grants $7,500 Gifts for other purposes $34,674 TOTAL $386,938 81% 2015-16 13% Fundraising and Gifts Tuition and Fees Other Income Income from Restricted Sources REVENUES WHERE IT GOES Instructional, academic, and technology expenses 5% Salaries and benefits for all faculty and staff 65% Financial Assistance 12% Debt Service 7% Other Operating Expenses 5% Facilities Expense 6% Thanks for your support! Continued growth of the annual fund is critical to support student financial assistance and to fund the many unique learning opportunities for all Seabury students. 4% 2%

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