Summary of gifts

Beth Crutcher P ’21
Director of Advancement

The numbers tell a powerful story, by illustrating the breadth and depth of community commitment to ASL. The size, purpose and method of giving are as diverse as the donors who lend their support. Together, the generosity of our parents, faculty, staff, alumni and friends help sustain our extraordinary school. We are so grateful.

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Unrestricted giving
The Annual Fund£1,818,015
Special events
Auction£32,110
Program support
Safety and security initiatives
Music, athletics, libraries, robotics and science
Community service
£1,522,296
£94,785
£8,000
Facilities support
Financial Aid
Financial Aid endowment
Eagle Scholars program

Faculty and Staff Support
Coreen R. Hester Fund for Excellence in Teaching
Sunny Neutze Prize

£1,510,468
£125,045


£18,743
£2,000
Total

*includes payments (inclusive of Gift Aid) of £1,804,977 on multi-year pledges)
£5,131,464*



Operating income & expenditure

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John Robinson
Director of Finance

In 2017-18, ASL established a balanced budget where income and expenditure was largely the same, with a budgeted surplus of 2 percent. An analysis of income and expenditure is shown in the pie charts that accompany this section.

Tuition and transport fees accounted for 90 percent of ASL’s income. In line with most independent schools, salaries and benefits represented the School’s greatest cost at 72 percent of operating income. The Annual Fund provided 5 percent of operating income and the draw from endowment contributed a further 2 percent.

ASL continues to grow its endowment. In 2017-18, the School received £1.3M in charitable donations, resulting in our endowment increasing to £21.4M. Our major endowments being a faculty and staff fund of £12.5M, and a financial aid fund of £7.7M.

The financial information set out in this report has been taken from unaudited management accounts, as the school’s annual, audited financial statements were not complete at the time of publication. The full annual, audited financial statements will be available online once completed

 

Income (%)

Expenditure (%)