Supporters and Financials

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Supporters and Financials 2014 SUPPORTERS AND FINANCIALS 1 FINANCIALS FISCAL YEAR 2014 TOTAL REVENUES, GAINS, AND OTHER SUPPORT: Contributions $211,337,212 Government grants and contracts 72,671,191 Fee for service 31,589,087 Special events, net of cost of direct benefits 12,241,643 to donors of $1,138,748 Contributed goods and services 1,961,634 Interest and dividend income 2,728,227 Net appreciation (depreciation) in fair value 25,762,562 of investments Licensing fees and other revenue 2,281,556 Total revenues, gains, and other support 360,573,112 EXPENSES: Program services: Teacher recruitment and selection 59,773,689 Pre-service institute 50,282,488 Placement, professional development, 146,297,373 and other Alumni affairs 33,023,569 Total program services 289,377,119 Supporting services: Management and general 34,314,687 Fundraising 34,023,987 Total supporting services 68,338,674 Total expenses 357,715,793 Increase in net assets 2,857,319 Net assets, beginning of year 438,513,296 Net assets, end of year 441,370,615 (a) LEE and LEEF are separate legal entities and, in accordance with applicable guidance in relation to board representation, the financial statements have been consolidated for financial reporting purposes. (b) All financial information was obtained from Teach For America’s final audit report for the 2014 fiscal year starting June 2013 and ended May 2014. 2 2014 COST DRIVERS 41% Corps Member Development & Support 17% Corps Member Recruitment, Selection & Placement 14% Corps Member Pre-Service Training & Preparation 10% Fundraising 10% Management & General 9% Alumni Support Eighty-one percent of our costs are related to recruiting, training, and developing our corps members and alumni. This figure includes critical investments in national infrastructure, brand, and strategy that underpin these efforts. 2014 REVENUE SOURCES 27% Foundations 27% Individuals & Events 24% State & District Fees 11% Federal Funding 10% Corporations Teach For America raises money nationally and locally from a diverse set of funders, with 35 percent of our operating revenues coming from public sources and 65 percent from private Please note that the percentages in this chart above sources. 75 percent of our FY14 revenues were have been rounded to the nearest whole number and, prior to rounding, these percentages equal 100%. generated in direct support of work in the regions. 3 PUBLIC PARTNERS Teach For America is grateful to our federal and state partners who supported our work in FY14 (June 1, 2013 - May 31, 2014). FEDERAL PARTNERS Race to the Top: Florida AmeriCorps: Federal Race to the Top: Georgia AmeriCorps National School Turnaround Race to the Top: Hawai’i National Science Foundation Race to the Top: North Carolina U.S. Department of Education Race to the Top: Ohio Race to the Top: Rhode Island STATE SUPPORTERS Race to the Top: Tennessee Alabama State Department of Education Sanford Inspire Program AmeriCorps: Alabama Serve Delaware AmeriCorps: California Serve Rhode Island AmeriCorps: Connecticut State of South Carolina AmeriCorps: Florida (Volunteer Florida) State of South Dakota AmeriCorps: Georgia Texas Education Agency AmeriCorps: Hawai’i Volunteer Tennessee AmeriCorps: Illinois State of Wisconsin AmeriCorps: Louisiana AmeriCorps: Michigan AmeriCorps: New Jersey AmeriCorps: New Mexico AmeriCorps: Ohio AmeriCorps: Oklahoma AmeriCorps: Pennsylvania AmeriCorps: South Carolina AmeriCorps: South Dakota AmeriCorps: Wisconsin Arizona State University State of Arkansas City of Baltimore/Family League of Baltimore State of Colorado Office of the State Superintendent of Education, Government of the District of Columbia State of Georgia Hawai’i Department of Education Illinois State Board of Education Commonwealth of Kentucky City of Las Vegas Louisiana Department of Education Massachusetts Department of Elementary and Secondary Education Mississippi Department of Education State of Missouri State of New Mexico, Indian Education Department State of New Mexico, Public Education Department Oklahoma State Department of Education OneStar Foundation Orange Board of Education Public Schools of North Carolina Race to the Top: Delaware 4 CHAMPION INVESTORS Teach For America is deeply grateful for the support of the following individuals, foundations, and corporations that contributed $5,000 or more to our national and regional efforts in FY14 (June 1, 2013 - May 31, 2014). $5 MILLION+ IN NATIONAL NATIONAL ExxonMobil Foundation AND REGIONAL SUPPORT CORPORATE PARTNERS Fidelity Investments Anonymous Kaplan, Inc. $1 MILLION+ IN NATIONAL SUPPORT Sue and Steve Mandel Arthur and Toni Rembe Rock ANNUAL DONORS The Walton Family Foundation $500,000 - $999,999 IN NATIONAL AND REGIONAL SUPPORT $1,000,000 – $4,999,999 IN NATIONAL Anonymous (3) AND REGIONAL SUPPORT Bank of America Anonymous (2) Barclays The Anschutz Foundation NATIONAL CORPORATE Bezos Family Foundation Laura and John Arnold Foundation Chamberlin Family Foundation The Otis Booth Foundation SPONSORS Cleveland Foundation William K. Bowes, Jr. Foundation $500,000 – $999,999 Comcast | NBCUniversal The Peter and Carmen Lucia Buck Foundation Inc. IN NATIONAL SUPPORT The Crown Family Circle of Service Foundation, Inc. FedEx Corporation Daniels Fund Barbara and Ray Dalio Visa Inc. The Dewan Foundation Engelstad Family Foundation The Duffield Kids Charitable Fund Mary and Paul Finnegan NATIONAL CORPORATE Susan and Thomas Dunn Doris & Donald Fisher Fund FedEx Corporation Alan and Jennifer Fournier INVESTORS Bobbie and Lew Frankfort Glenview Capital Management $250,000 – $499,999 Thomas F. and Julie D. Frist The Goizueta Foundation IN NATIONAL SUPPORT Hall Family Foundation The Ewing Halsell Foundation American Eagle Outfitters Foundation Hyde Family Foundations Robert M. Hearin Foundation Amgen Foundation Inasmuch Foundation H-E-B Grocery Company Lincoln Financial Foundation Martha and Bruce Karsh Helios Education Foundation Subaru of America, Inc. The Kendeda Fund Michael Keiser Donor Advised Fund State Farm® John S. and James L. Knight Foundation William R. Kenan, Jr. Charitable Trust Sue Lehmann Kern Family Foundation NATIONAL CORPORATE Joe and Rika Mansueto The Lenfest Foundation SUPPORTERS Medtronic Philanthropy through Lilly Endowment, Inc. Medtronic Foundation Michigan Education Excellence Foundation $100,000 – $249,999 Morgan Family Foundation Quality Education For All Fund, an initiative of the IN NATIONAL SUPPORT The Phillips Foundation Community Foundation of Northeast Florida Bank of America Larry and Sarahmay Robbins Rainwater Charitable Foundation Credit Suisse Americas Foundation Robin Hood Foundation Linnea and George Roberts J. Crew The Scully Peretsman Foundation Robertson Foundation jcpenney Seedlings Foundation Charles and Lynn Schusterman Family Foundation Medtronic Philanthropy through Simple Gifts Fund Charles and Helen Schwab Foundation Medtronic Foundation Texas Instruments Foundation State Farm® SurveyMonkey Tulsa Area Public School Reform Fund and The Stupski Family Symantec Foundation, an advised fund of Tulsa Community Foundation Subaru of America, Inc. Silicon Valley Community Foundation Harry and Jeanette Weinberg Foundation Visa Inc. The Joseph B. Whitehead Foundation Wells Fargo OTHER NATIONAL The Whitman-Harsh Family Foundation CORPORATE CONTRIBUTORS $250,000 - $499,999 IN NATIONAL Windsong Trust UP TO $99,999 IN NATIONAL SUPPORT AND REGIONAL SUPPORT Elaine P. Wynn & Family Foundation The Capital Group Companies Charitable The Ahmanson Foundation The Zell Family Foundation Foundation Lisa and Joe Amato The Coca-Cola Foundation American Eagle Outfitters Foundation 5 ANNUAL DONORS (CONTINUED) Amgen Foundation Symantec Foundation, an advised fund of Lee Black and the Consequences Charity Anonymous (3) Silicon Valley Community Foundation Pete and Marilyn Coors Asurion Tiger Foundation The Crawford Taylor Foundation Dmitry Balyasny Wayne and Gladys Valley Foundation Bev and Larry Dale Joshua and Anita Bekenstein We Energies Foundation Devon Energy Corporation Booth-Bricker Fund The Wildflower Foundation, Inc. Deanna and Antony DiNovi Eli and Edythe Broad Foundation Ruth and Morris Williams - Pine Tree Foundation Denise Dupre and Mark Nunnelly The Louis Calder Foundation Woldenberg and Goldring Foundation El Pomar Foundation Harold K. L. Castle Foundation Janine and Jeff Yass Excellent Schools Detroit Champions for Education Inc. Exelon Foundation CityBridge Foundation $100,000 - $249,999 IN NATIONAL Richard M. Fairbanks Foundation, Inc. Constellation AND REGIONAL SUPPORT Farmer Family Foundation Credit Suisse Americas Foundation Abell Foundation Courtney Benoist and Jason Fish Harriett and Hilliard Crews Paul G. Allen Family Foundation Betty and Davis Fitzgerald Foundation Joe C. Davis Foundation The Angell Foundation Sarah and Douglas Foshee Catherine and John Debs Anheuser-Busch InBev The Char and Chuck Fowler Family Foundation Peggy and Millard Drexler Anonymous (8) Jim and Karen Frank Eli Lilly and Company Appaloosa Management L.P. Freddie Mac Foundation Emerson Electric Co. Applied Materials Foundation Eugene U. and Mary F. Frey Fund of Entergy Corporation Laura and John Arnold The Saint Paul Foundation ExxonMobil Foundation Clifford and Laurel Asness Michael T. Fries Phil and Nita Francis AT&T The Frist Foundation Bill & Melinda Gates Foundation Balyasny Asset Management, LP Mark Gallogy and Lisa Strickler Stephanie and Jacob Grossman Bank of Hawai’i Sara and Kenneth Garschina Cynthia and Ben Guill Barnes Family Charitable Fund Gates Family Foundation The George Gund Foundation BBVA
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