IMPACT: Annual Report IMPACT: Annual Report 2014–2015 | Page 10

The Annual Fund is a forward fund. Funds raised in a given school year are used for strategic educational enhancements in the fol- lowing school year. Since its inception in April 2006, annual giving has not “plugged holes” or “filled gaps” in the budget. Gifts to the Annual Fund help to provide: 1) Educational Enhancements such as professional development for faculty and support for academic and co-curricular programmes, including athletics and the arts 2) Financial Aid for qualified Bahamian students 3) Capital Improvements to our campus and technology Donation revenue allows us to impact our students’ education by going above and beyond without significant tuition increases. THE 32% Restricted BY THE NUMBERS $1,425,459 RAISED 631 gifts Average gift: $2,259 Approximately $4,000 beyond tuition is invested in every child's education thanks to our collective support of the Annual Fund. 68% Unrestricted 3% 6% 7% TUITION EXPENDITURES 11% 73% Staff Operations and Maintenance Administration Instructional Supplies Information Technology 8 DONATION REVENUE 24% 29% Financial Aid 47% Educational Enhancements Capital Improvements