Our Children Are Worth It! - Foundations in Education

Page created by Juan Miller
 
CONTINUE READING
Our Children Are Worth It! - Foundations in Education
Our Children Are Worth It!
Our Children Are Worth It! - Foundations in Education
SINCE 2015                                                FROM OUR BISHOP AND
           FOUNDATIONS IN EDUCATION                                         EXECUTIVE DIRECTOR
                 HAS AWARDED                                                Dear Friends,

$9.5 MILLION
                                                                            We are pleased to share Foundations in Education Inc’s 2018-2019 Annual Report.

                                                                            Your generous support helps to strengthen and transform the mission of Catholic education in
                                           OUR                              the Diocese of Bridgeport. Thank you for making this extraordinary progress possible.

IN TUITION ASSISTANCE TO STUDENTS          MISSION
                                                                            Your contribution to Foundations in Education Inc is an investment in the nearly 8,000 students
                                                                            enrolled in Diocese of Bridgeport Catholic schools. More than 1,400 students from 20
                                                                            elementary schools were awarded $2.5 million in tuition assistance so they may benefit from

                      &                    Foundations in Education
                                           is committed to strengthen
                                                                            a transformational Catholic education. Twenty-six Innovation and Leadership Grants were
                                                                            awarded to teachers to promote innovation and leadership development across schools.

           $230,000
                                                                            Thanks to the generosity of Paula and Tom McInerney, Foundations in Education works in
                                           and transform the mission        partnership with the Office of School Superintendent to “Transform the Paradigm of Catholic
                                           of Catholic education in         Education.” This multi-year initiative began in earnest this year, introducing personalized
                                                                            learning in six schools. Teachers were trained, hardware and tools installed and children
                                           the Diocese of Bridgeport        engaged in a new style of learning. Improvement in student performance was realized across

           IN GRANT FUNDING TO EDUCATORS   by supporting innovation in
                                           academic and
                                                                            the board.

                                                                            The Annual Gala was a singular success thanks to the tireless efforts of the committee and the
                                           extra-curriculum programs,       inspiration of the honorees, Barbara and Brad Evans, Fairfield University and the Faculty at St.
                                           fostering opportunities          Joseph Catholic Academy. The Gala set a record for funds raised at $1,300,000.
                                           for the professional
                                                                            Your investment in Foundations in Education makes a tremendous impact on the lives of students
                                           development of school            and teachers alike. Your gift allows students access to Catholic education and our teachers the
                                           leaders in innovation and        resources they need to be innovative and creative leaders in their classrooms.
                                           leadership and providing
                                                                            Thank you for all you make possible.
                                           tuition assistance to families
                                           in need.                         With sincere appreciation,

    Transforming
    lives through
      education
                                                                            Most Reverend Frank J. Caggiano                Holly Doherty-Lemoine, CFRE
1                                                                           Fifth Bishop of Bridgeport		                   Executive Director                                  2
Our Children Are Worth It! - Foundations in Education
SCHOLARSHIP PROGRAMS                                                                                                       LEADERS OF TOMORROW PROGRAM
                                                                                                                           Leaders of Tomorrow is a select program of the Bishop’s Scholarship Fund representing students who qualify for
BY THE NUMBERS                                                                                                             tuition assistance and have been identified by their principals as having strong academics, good character and
                                                                                                                           leadership potential.
BISHOP’S SCHOLARSHIP FUND                                                                                                  In 2018-2019, BSF awarded 44 students Leaders of Tomorrow awards totaling $201,250.
Foundations in Education is proud to administer the Bishop’s Scholarship Fund (BSF) whose mission is to help families
afford a Catholic education in Fairfield County.
In 2018-2019, BSF awarded 1,380 students tuition assistance totaling $2,540,250.                                                        44
                                                                                                                                  students received
                                                                                                                                    scholarships of
                                                                                                                                $5,000 (full tuition),
                                                                                               $9,474,095                      $2,500 (half tuition) or
                                                                                                                               $1,250 (quarter tuition)
                                                                                               Bishop’s Scholarship Fund
                                                                                              tuition assistance awarded
                                                                                                      in first 4 years

                                                                                               2015-2016 $ 2,111,052                                                        “Thank you for giving my family and me this special opportunity. We are
                                                                                               2016-2017 $ 2,240,793                                                        going through tough times and really appreciate the support.”
                                                                                                                                                                                      - Joshua Dixon, St. Thomas student who attended five different
                                                                                               2017-2018 $ 2,582,000                                                                               schools in the two years after his mother’s passing
                                                                                               2018-2019 $ 2,540,250

                                                                                                                           O’MALLEY SCHOLARSHIP
    Increasing                                                                                                             We are proud to administer the Mary Alice and Thomas O’Malley Scholarship to benefit children of current police
                                                                                                                           officers, firefighters and nurses attending Trinity Catholic High School in Stamford. Mr. and Mrs. O’Malley committed
     access to                             “As a single mom of four, I would not be able to afford
                                                                                                                           $500,000 to Foundations in Education for scholarships covering 80% of tuition.
                                            sending my children to Catholic school. The Bishop’s
     Catholic                               Scholarship Fund made it possible and I am thankful                            In 2018-2019, the O’Malley Scholarship awarded 7 students tuition assistance totaling $79,642.
      schools                                                                       every day.”
                                          - Sofia Byrnes, Catholic Academy of Stamford parent
                                                                                                                                                                                         “I am honored to be an O'Malley scholar.
                                                                                                                                                                                           My fellow scholars and I are a part of
                              “During my many years of principal leadership in the State of                                                                                                  something great. I promise to work
                               Connecticut, I have found the Bishop’s Scholarship Fund has afforded                                                                                       hard and do my very best at Trinity in
                               families the opportunity for higher academic success and an excellent                                                                                        order to make my sponsors proud.”
                               education. On behalf of our families, thank you!“                                                                                                              - Megan DeLallo, Trinity Catholic
                                                                                                                                                                                                           High School student
                                                               - Jack Lynch, St. James School Principal

3                                                                                                                                                                                                                                                    4
Our Children Are Worth It! - Foundations in Education
INNOVATION AND LEADERSHIP GRANTS                                                                                       TRANSFORMATIVE INITIATIVES
BY THE NUMBERS                                                                                                         PROJECTS UPDATE
The Innovation and Leadership Grants Program promotes excellence within our Catholic schools by providing              Foundations in Education promotes transformative impact on students through donor-driven initiatives.
educators grant opportunities funding innovation in classroom teaching and providing support for professional
development and leadership formation.
In 2018-2019, 26 grants were awarded to educators at 16 schools totaling $125,000.
                                                                                                                       TRANSFORMING THE PARADIGM OF CATHOLIC EDUCATION
                                                                                                                       Through the generosity of Paula and Tom McInerney, five
                                                                                                                       Diocesan-wide initiatives are being implemented throughout
                                                                                                                       our schools designed to transform how Catholic education is
            $230,000                                                       45 applications received                    delivered and how our children learn and prepare for the future.
                                                                                                                                   • Personalized Learning
               grant funding in its
                 first two years                                     $354,015 funding requested                                    • Multi-age Classroom Pilot Model
                                                                                                                                   • Leadership Academy
       2017-2018
       2018-2019
                           $ 105,000
                           $ 125,000
                                                                           26 grants approved                                      • Fellowship Residency
                                                                                                                                   • High School Pathways Program Expansion
                                                                     $125,000 funding awarded
                                                                                                                                           “Personalized Learning has transformed instructional practices in our school, leading to greater academic
                                                                                                                                            success among students. Teachers enrich learning experiences in station rotation by creating meaningful,
                                                                                                                                            engaging activities that enhance the skills of their students. Educational software is used to monitor each
GLOBAL EDUCATION AT UNIVERSITY OF OXFORD (UK)                                                                                               student’s individual learning path.”
                                                                                                                                                                                                -Suzanne Curra, St. Gregory the Great School Principal
GRANT HIGHLIGHT
A Foundations in Education grant afforded seven highly-motivated Distinguished Scholars at Notre Dame High
School the opportunity to immerse themselves in a two-week summer program at University of Oxford. They were
enriched with college-level courses aimed at enhancing skills of high school students. Academics were balanced by
                                                                                                                       CHRISTOPHER RIPP EARLY LEARNING PROGRAM
                                                                                                                       Barbara and Peter Ripp’s generous gift established an early childhood education program, piloted at St. Peter
nightly activities in and around Oxford. The schedule was punctuated with three day-long excursions to London, Bath
                                                                                                                       School in Danbury, which promotes parents of 3-4 year olds as primary educators of their children. It provides them
and, most memorably, Stonehenge.
                                                                                                                       with tools to help nurture social, physical, emotional and academic growth, in a faith-filled, family-centered learning
                                                             “From every perspective, the Oxford Experience was        community.
                                                              everything we had hoped for, planned for and dreamed.”                                    “My son Leo learned a lot from the program and
                                                                        - Dr. Mary Callaghan, Notre Dame High School                                     his social skills are impressive. I have seen a
                     “My experience at                                                                 Academic Dean                                     big change in him. The engagement you guys
                       Oxford revealed
                                                                                                                                                         provide is amazing! Here, the kids teach us.
                        a new part of me
                                                                                                                                                         At home, we tell them what to do.”
                        that I didn’t even know
                                                                                                                                                                          - Estafania Chin, a grateful parent
                        existed. It showed me a new
                       country, different cultures,
                      and most of all, a new way of
                 life in which I was on my own to                                                                                       “This program has afforded our students an
 make daily decisions. I am very grateful for this                                                                                        opportunity to get a head start on their
 opportunity.”                                                                                                                             educational learning pathway. Watching the
  - Brian Essing, Notre Dame High School student                                                                                           excitement and joy the children display is
                                                                                                                                           heartwarming and only reinforces the great
                                                                                                                                           benefits they are receiving from this program.”
5                                                                                                                                                 - Mary Lou Torre, St. Peter School Principal                                                       6
Our Children Are Worth It! - Foundations in Education
SPRING GALA
PREMIERE FUNDRAISING EVENT
On April 11, 2019, nearly 300 friends attended the 4th Annual Spring Gala at Woodway Country Club in Darien.
Gala honorees included Fairfield University, Barbara and Brad Evans, and the St. Joseph Catholic Academy
Faculty. Eighth grade student speaker Joshua Dixon set the tone for the evening with his inspiring testimony on how
Catholic education transformed his life. Auctioneer Pat Tully electrified the room with his energy and wit which helped
raise $300,000 from one-of-a-kind auction items and Leaders of Tomorrow paddle raise. This year was our most
successful event to date!                                                                                                 SAVE THE DATE
A record $1.3 million was raised overall to help our mission to transform lives through education.
                                                                                                                          APRIL 23, 2020

                                                                                                                                   “If you believe, you see miracles! My message tonight is that we should look upon the miracle of
                                                                                                                                    Catholic education, a work of love unfolding in the lives of the students entrusted to us. Tuition
                                                                                                                                     assistance brings students to our schools and innovation keeps them here. I’m deeply grateful
                                                                                                                                     for all of you who joined us to transform one school, one program and one child at time.”
                                                                                                                                                                            - Most Reverend Frank J. Caggiano, Bishop of Bridgeport

7                                                                                                                                                                                                                                        8
Our Children Are Worth It! - Foundations in Education
2018-2019 EVENTS                     Leaders of                   GRATEFUL GIVING
PROGRAM HIGHLIGHTS                   Tomorrow                     DONORS’ PERSPECTIVES
                                                                  When we talk with donors about “why” they give, we find the motivation is
OCTOBER 2018
                                       Award                      as individual as the donor. What all donors have in common is a genuine
                                                                  desire to make a difference in the life of a child. Thanks to the collective love
                                     Reception                    and generosity of our donors and board members, they have transformed
                                                                  thousands of individual students’ lives.
                                                                                                                                                            2018-2019
                                                                                                                                                            Board of Trustees
                                                                                        “Parents used to be our first educators and school second.
                                                                                         Now that responsibility has shifted more to schools, so it
                                                                                          is ever more important for children to have the structure,        Acting Chair
                                                                                          discipline and values of a good Catholic education so as          Most Reverend Frank J. Caggiano
                                                                                          to enhance their learning, fill in gaps and ready children
                                                                                         for success in life.”
                                                                                                                                - Dian Jennings Mayo        Treasurer
                                                                                                                                                            Michael J. Hanlon, CPA

                                                                   “We give to Foundations in Education because we believe                                  Secretary
                                                                       Catholic education develops and strengthens people’s                                 Anne McCrory
                                                                   faith. What better thing would there be to invest in but this
                                                                                                    gift of Catholic education.”
                                                                                                                                                            Executive Director
                                                                              - Allison Reiling, Lautenbach Family Foundation
                                                                                                                                                            Holly Doherty-Lemoine, CFRE

                     TRANSFORMING LIVES                                            “We believe that an excellent academic and ethical education             David J. Cappiello
 Innovation          		THROUGH EDUCATION                                             is the cornerstone for long-term success in today’s society.
                                                                                        By supporting children and families who desire access to a
                                                                                                                                                            George A. Coleman
                                                                                                                                                            R. Bradford Evans
& Leadership                                                                             high quality Catholic education, we are helping to ensure          Lawrence Kudlow
                                                                                          a pathway to individual and community achievement.
Grants Award               JANUARY 2019 - CATHOLIC SCHOOLS WEEK                           To change the trajectory of a life, while simultaneously          Leslie Lopez
                                                                                         supporting our communities and producing future leaders with       Andrea Maldon
 Reception                                                                              an inherent moral foundation, is an incredible outcome. What        Daniel J. McCarthy
                                                                                     better return on investment could we imagine as a society!”            Thomas E. McInerney
                                                                                                           - Jennifer and Christopher St. Victor-de Pinho
                                                                                                                                                            Julia M. McNamara, Ph.D.
                                                                                                                                                            Michele Mitola
                                                                                                                                                            Joseph C. Purcell
                                                                                                                                                            Bernard E. Reidy, Jr.
                                                                                                                                                            Gerard D. Robilotti
                                                                                                                                                            Robert D. Scinto
                                                                                                                                                            Michael E. Shea, Jr.
                                                                                                                                                            Sister Mary Grace Walsh, ASCJ

9                                                                                                                                                                                           10
Our Children Are Worth It! - Foundations in Education
ANNUAL CONTRIBUTIONS                                                                                                      Janet and Gerald Catenacci
                                                                                                                          Catholic Academy of Bridgeport
                                                                                                                          Lori and Scott Church
RECEIVED FROM JULY 1, 2018 TO JUNE 30, 2019                                                                               Christine and Alexander DiGuido
                                                                                                                          Alexandra and John Duffy
On behalf of the Board of Trustees, we thank our generous donors for their overwhelming support and commitment to         Fairfield County Bank
ensuring the transformative impact of Catholic schools in the Diocese of Bridgeport.                                      Christa and Timothy FitzPatrick
                                                                                                                          Drusilla and Thomas Graham
$1,000,000 +                             Robert D. Scinto, Inc.                    General Atlantic                       Margaret and Joseph Jordan                Suzanne and Mark Nemec                 Nanavaty, Nanavaty and Davenport, LLP
Diocese of Bridgeport Annual Catholic    Vanessa and Charles Santoro               General Electric Foundation            Grace Markovits                           Newtown Savings Bank                   Michael and Joan Nicholson
   Appeal                                The O’Herron Family Foundation            Jennifer and Eli Gross                 Anne and Hugh McCrory                     Adriana and John Ohegyi                Pepsico Matching Gift Program
                                                                                   Karen and Jeffrey Hogan                Dara and Thomas Miles                     Our Lady of Guadalupe Parish           Sunday and Stephen Piccolo
$250,000 - $500,000                   $10,000 - $14,999                            Dian Jennings Mayo                     Milestone C                               Joan and Dennis Poster                 Colleen and Henry Rondon
Paula and Thomas McInerney            Benevity Community Impact Fund               Susan and William Lattimer             Lisa and Robert Rooney                    Patricia and James Read                Mary and Alex Ross
                                      Katherine Hanson and James Colica            Linda and Daniel Leary                 Erin and William Russell                  Martha and Gerard Robilotti            St. Joseph Parish, Shelton
$100,000 - $249,999                   Day Pitney LLP                               Susan Baker and Michael Lynch          St. Pio Foundation                        Maureen and Joseph Roxe                Mary Lou and Michael Salvati
Anonymous                             Roger Fox                                    Susan and Stephen Mandel               Finley and Patrick Shaw                   St. Aloysius Parish                    Edward Smith
Judy and Russell Carson               Frontier Communications                      Maureen and John McInerney             Carrie and Joseph Sindelar                St. Joseph High School                 Laurie and Jeff Stefanowicz
Barbara and R. Bradford Evans         June and Jack Heffernan                      Stephen Munger                         Viking Construction, Inc.                 St. Joseph Parish, Norwalk             Barbara and Brian Stern
Fidelity Charitable Foundation        Mary and Jeffrey Holzschuh                   Kimberly and David Nastro                                                        Terry and William Sanders              Patrick Turner
                                      Nancy and Charles Howe                       Gina and David Orticelli               $1,000 - $2,499                           Reverend Samuel Scott                  Seth Weintrob
$50,000 - $99,999                     Julia McNamara and Richard Lolatte           Amy and Kevin Owens                    Anonymous                                 Sexton Family Foundation Trust         Wells Fargo Matching Gift Program
Lewis Bernard                         Lynn and Francis Mara                        Jane and Mark Pompa                    Elena and Michael Byrne                   Adam Shepard                           Elizabeth and Bradley Whitman
Susan and Frank Carroll, III          Ann and Daniel McCarthy                      Maureen and Bernard Reidy              Christine and David Cappiello             USI Insurance Services LLC             Lynn Wilson
Susan and Frank LoPiccolo             Susan and Thomas McInerney                   The Lessing Foundation                 Capitol Hill Group, LLC                   John Vazzano
                                      Frank Mori                                   The Resource Foundation Inc.           Linda and John Coords                     Patrick Waide                          $250 - $499
$25,000 - $49,999                     Jeanne and James Moye                        Cecile and Daniel Tomaselli            Niamh and Paul Cronin                     Your Cause                             Kristine and Pietro Andres
Anonymous                             Mutual of America Life Insurance Company Angela and Andrew Toner                    Miriam and Frank DeLucia                  Patricia Zaccone                       Nancy and Matthew Bannon
Sheila Clancy                         Kate and Robert Niehaus                      Page and John Tremaine                 Maureen and Kenneth Devane                Lori and Douglas Zych                  Lorraine and Thomas Carrano
Liete and Mark Eichorn                Paula Summa and James O’Neill                Vanguard Charitable                    Kimberly and Kevin Fahey                                                         Cathy Gelotte
Susan Huang                           People’s United Bank                         Victoria and Nelson Walsh              Fairfield Jesuit Community                $500 - $999                            Michael Hanlon
Morgan Stanley Global Impact Funding Barbara and Peter Ripp                                                               Maria and Philip Fecher                   Booth Financial Associates             Maureen and John Harney
     Trust                            Schwab Charitable                            $2,500 - $4,999                        Fieldpoint Private Bank and Trust         Michele Castagna                       Kristin Healy
Morgan Stanley Services Group, Inc.   Jennifer and Christopher St. Victor-de Pinho Aetna Inc.                             Christine and Mark Fitzgerald             Maura and Mike Chapey                  Jane Hiltebrant
Pfizer Foundation                     The John and Ethel Kashulon Foundation       Mohit Assomull                         FM Global Foundation                      Children’s Scholarship Fund            Peter Jakubowski
Robert and Sydney Kindler Foundation  The Scully Peretsman Foundation              Bank of America Charitable Gift Fund   Florencia and Francisco Grether           Elaine Clark                           Sharon and Nicholas Kamillatos
St. Thomas More Parish                Lorraine and Christopher Wilson              Bank of America Matching Gift Fund     Anne Marie Reilly and Joseph Hadley       Sandra and James Curley                David Khayat
Rebecca and Michael Shea              Elisa and Dr. Thomas Wilson                  Gretchen and Humberto Bauta            Matthew Helfrich                          Fairfield College Preparatory School   William King
Danielle and Paul Taubman                                                          LaVerne Burzynski                      Ana Cristina and Charles Herrick          Meyer Feldberg                         Patrice Kopas
The Frank V. Sica and Colleen McMahon $5,000 - $9,999                                                                     Deborah and Robert Jones                  Lisa and Keith Ferrara                 Julie Sung and Christopher Lee
     Foundation                       Bank of America Corporation                                                         Heather and John Kreitler                 Joyce and William Filip                Jan Lennertz
Patricia and Albertus van den Broek   Mimi and Michael Boublik                                                            Lisa Lanni                                Thomas Frame                           Jeanette Leonardi
Anne and Brian Young                  Most Reverend Frank J. Caggiano                                                     Holly Doherty-Lemoine and Bruce Lemoine   Joseph Girven                          Lily Mahdavi
                                      Catholic Funeral and Cemetery Services                                              Lone Pine Foundation Inc.                 Greenwich Catholic Elementary School   Mary and Kevin Maloney
$15,000 - $24,999                     Sarah and John Collins                                                              Leslie Lopez                              Ann and Francis Hardenbergh            Trish and Jeff McKenzie
Mary and Brian Donovan                Peter Crnkovich                                                                     Elise and W. Glenn Major                  Max Herrnstein                         Marcia and James Morley
Andra and John Ehrenkranz             Diocese of Bridgeport                                                               Monica Mancusi-Ungaro                     Nancy and Raymond Iwanicki             Our Lady of the Assumption Parish
Fairfield University                  Ilona and William Dotson                                                            Kristin and Rob McMahon                   Katherine and Leo Karl                 Maria and Robert Panza
J.P. Morgan Charitable Giving         FACTS Management Co.                                                                Ellen and Donald McNeese                  Bonnie Kreitler                        Kaitlyn and Joseph Rahtelli
Lautenbach Family Foundation          Sarah and Matthew Fair                                                              Michele and John Mitola                   Virginia Kuper                         Christine and Carl Reichenbach
Andrea and Jonathan Maldon            Elise and Neil Gabriele                                                             Carmen Molinos                            Allesandra and Richard Marr            Anthony Sabatelli
Sue and William Mitchell              Clinton Gartin                                                                      John Moore                                Patrice and Daniel McAuliffe           Lisa and David Schlakman
Lisa and Joseph Purcell               Gloria and John Garvey                                                              Joann and John Myers                      Donna and Kevin Myers                  Ari Terry

11                                                                                                                                                                                                                                             12
Our Children Are Worth It! - Foundations in Education
Gail and Anthony Vallillo
David Van Vlack
                                          Joyce and James Backiel
                                          Elaine and William Bissenden
                                                                                       Foundations in Education welcomes
                                                                                       contributions made in memory of loved
                                                                                                                                       FINANCIAL INFORMATION
Sr. Mary Grace Walsh, ASCJ
Marian and Jamie Whiteman
                                          Arnold Brown
                                          Tracey Burroughs
                                                                                       ones or in honor of family and friends
                                                                                       to mark special occasions. If you wish to
                                                                                                                                       FOR THE YEAR ENDED JUNE 30, 2019
Martha and Matthew Zola                   Roseanna Butler                              memorialize or honor someone with a
                                          Ramona and Walter Cano                       gift that will help transform a child’s life,   Statement of Financial Position*                            Statement of Activities*
$100 - $249                               Barbara and Patrick Carriero                 please contact us.
Rosemarie Adams                           Ann Cotter                                                                                   ASSETS                                                      SUPPORT AND REVENUES
Michele and Andrew Baronavski             Elizabeth Jenkins and Geoffrey Coughlin      Gifts in Memory of:                             Cash and cash equivalents                    $4,004,551     General contributions                          $ 5 91,141
Audre and Gediminas Campe                 Angela De Girolamo                           Jane Greenwood
Colleen and William Charlesworth          Migdalia and Pedro Delgado                   Bernard Helfrich                                Investments                                     924 , 011   Contributions from the Diocese                 1,766,569
Carrie and George Coleman                 Constance and Kenneth Erdos                                                                  Contributions receivable, net                  3,896,530    Contributions from We Stand with Christ        7,344,661
Elaine Creatore                           John Fahan                                   Gifts in Honor of:
Corinne Dellaera                          Laura Galusha                                Mary and Brian Donovan                          Due from the Diocese                             891,231    Special Events                                 1,246,557
Angela Dinger                             Thomas Gilmore                               Barbara and R. Bradford Evans                   Due from We Stand with Christ                 6,948,877     Investment Income                                  17,159
Michael Doery                             Rebecca Goodell                              Fairfield University
Mary Jane Edwards                         Jeanne and David Gresko                      Holly Doherty-Lemoine                                                     TOTAL ASSETS      $16,665,200          TOTAL SUPPORT AND REVENUES              $10,966,087
Josefina and Charles Elms                 Johanne and Michael Hagan                    Paula and Thomas McInerney                                                                                  EXPENSES
Daniel Epstein                            Dorothy Hayes                                Barbara and Peter Ripp
Susan and William Fitzgerald              Patrick Kearney                              Gerard Robilotti                                LIABILITIES AND NET ASSETS                                  Program Services
Meg and C. Stephen Francis                Ann Errichetti and Mark Keroack              St. Joseph Catholic Academy Faculty             Liabilities                                                 Tuition assistance                            $2,666,221
Mary Jo and Robert Fusaro                 Millie and Michael Kolcun                    Anne and Brian Young
Roberta and Joseph Gagne                  Janet and Basil Kuzio                                                                        Accounts payable and accrued expenses           $29,857     Innovative and transformative initiatives      1,668,414
Patricia Johnson                          Rosemary Kvaka                                                                               Scholarships payable                          2,597,550     We Stand with Christ Grants                       55,000
Margaret and Richard Jones                Mary Ann and Richard Lawlor                  We are grateful to donors who provided
Ronald Kadar                              Carol and Richard Lisi                       gift-in-kind donations for our Spring                                   Total Liabilities    $2,627,407                        Total Program Services     $4,389,635
Carol and Robert Kubis                    Christel and Edward Littera                  Gala Auction. Special thanks to:                Net Assets                                                  Support Services
Carol and Nelson Ladue                    Carolyn Mazza Burnett
Bridgette Lemoine                         Mary McNamee                                 Bluff Point Associates                          Unrestricted                                   $975,150     General administration and fundraising          $430,034
Deborah and Joseph Matthews               Julie and Vincent Melissano                  Most Reverend Frank J. Caggiano                 Temporarily restricted                       13,062,643                         Total Support Services     $430,034
William McCann                            William Metzger                              Catholic Funeral and Cemetery Services
Marie McColl                              David Mihalek                                Inn at Erlowest                                                        Total Net Assets     $14,037,793                            TOTAL EXPENSES         $4,819,669
Elizabeth Medici                          Jane Minahan                                 Andrea and Jonathan Maldon                       TOTAL LIABILITIES AND NET ASSETS           $16,665,200                    INCREASE IN NET ASSETS         $6,146,418
Thomas Mulligan                           Network for Good                             Lynn and Frank Mara
John Niestemski                           Barbara and Robert Pekar                     Paula and Tom McInerney
David O’Connor
Barbara and Dan Omohundro
                                          James Pezzullo
                                          Rosa and Vito Pietanza
                                                                                       Michele and John Mitola
                                                                                       Joann and John Myers
                                                                                                                                                          FISCAL YEAR 2019 PROGRAM AND SUPPORT SERVICES
Joseph Perkowski                          Msgr. Thomas Powers                          New York Football Giants
Bart Petriello                            Melissa and Austin Ryan                      New York Rangers                                          Innovative and transformative                                     Tuition assistance 55%
John Phelan                               Joseph Sabo                                  Lisa and Joe Purcell
Mary Ann and Thomas Plavcan               Allen Santana                                Barbara and Peter Ripp                                            initiatives 35%
Allan Radziwilko                          Maribeth Sarnacki                            Barbara and Robert Scinto
Timothy Ryan                              Linda Scalero                                Teddy’s Transportation System, Inc
St. Emery Parish                          Anthony Scalzo
Mary Helen and William Schorndorf         John Stadtmueller
Joann and Mark Szczepanski                Stephanie and Louis Stypinski
Jane and Edward Thomas                    Lorraine and Joseph Sullivan                                                                       General administration
Claudine and Steve Turner                 Lynn and Charles Symeon                                                                             and fundraising 9%
                                          Monika and Grzegorz Szydlowski
Up to $99                                 Ann Touhy
Amazon Smile                              Margaret Trojak                                                                                   We Stand with Christ Grants 1%
Anonymous (2)

                     Every effort has been made to assure the accuracy of this listing. In the event you feel
13                       there is an error, please contact Holly at holly@foundationsineducation.org.                                                                                      *Unaudited                                                      14
Our Children Are Worth It! - Foundations in Education
238 Jewett Avenue
          Bridgeport, CT 06606

  Foundations in Education helps Catholic schools in Fairfield County remain at the cutting edge
   of academics, excel in leadership development, provide tuition assistance to needy families,
           and create a best-in-class school system within the Diocese of Bridgeport.
        All Saints Catholic School, Norwalk                     St. Gregory the Great School, Danbury
       Assumption Catholic School, Fairfield                            St. James School, Stratford
         Catholic Academy of Bridgeport                        St. Joseph Catholic Academy, Brookfield
          Catholic Academy of Stamford                              St. Joseph High School, Trumbull
             Greenwich Catholic School                                 St. Joseph School, Danbury
      Holy Trinity Catholic Academy, Shelton                            St. Mark School, Stratford
        Immaculate High School, Danbury                                  St. Mary School, Bethel
     Kolbe Cathedral High School, Bridgeport                           St. Mary School, Ridgefield
        Notre Dame High School, Fairfield                               St. Peter School, Danbury
    Our Lady of Fatima Catholic School, Wilton                     St. Rose of Lima School, Newtown
         St. Aloysius School, New Canaan                               St. Theresa School, Trumbull
St. Catherine Academy for Special Needs, Fairfield          St. Thomas Aquinas Catholic School, Fairfield
      St. Catherine of Siena School, Trumbull                   Trinity Catholic High School, Stamford

                                       FOUNDATIONS IN EDUCATION
    WWW.FOUNDATIONSINEDUCATION.ORG | INFO@FOUNDATIONSINEDUCATION.ORG | 203.416.1405
Our Children Are Worth It! - Foundations in Education
You can also read