Development Report
James M. Adams, Director of Development
T
the previous year. First time donors also dropped
to 141 as compared to 389 the year before.
However, overall giving was at $7,171,602 up
from $5,343,360 the year before.
his past year, thanks to the generosity of our
alumni and friends, we had a very successful year with fundraising. I would like to thank
our development staff and volunteers for working
many hours to help us attain these very positive
results.
In the 2012-2013 academic year, we had the following results:
• Unrestricted annual giving to the Fund for
the Academy in support of student aid and
operations improved $2,137,379 to end up at
$2,926, 342
Income to Cost Ratio
Our Development Office income to cost ratio
improved from 18:1 in FY12 to 25:1 in FY13.
In Conclusion
In closing, I want to extend my deep appreciation to all of our alumni and friends that volunteer their time and give financially to the best of
their ability to our Academy. It has been an honor
to serve as Development Director for the past 2
years, and I am very excited that Jessica Carswell
has been hired to work full time as our Director of
Advancement. Our schools and church will benefit from a full time director in order to meet the
giving levels required to sustain our organization’s
needs.
I look forward to working with Jessica and the
Advancement team going forward in my other
roles at the Academy.
• Other giving restricted to specific uses als o
improved $1,423,968 to $3,953,310
• Capital campaign scheduled pledges came in
at $291,950
We are most grateful for these sustaining
gifts that are so vital to our ability to operate our
schools.
Changes from the Prior Year
Even though we experienced dramatic increases
in dollars raised this past year, our % of alumni
giving came in at a disappointing 19%, down from
32% in the previous year. Our donor count also
experienced a decrease: 1,318 as compared to 2,079
40