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Annual Report ANNUAL REPORT GIVING PARENTS A CHOICE. GIVING CHILDREN A CHANCE. CSFB OUTCOMES… An independent study conducted with funding from The Friedman Foundation measured high school graduation rates and college attendance rates of CSFB scholars. IMPROVED HIGH SCHOOL GraduatiON Rates “Our study found that CSFB scholarship recipients had indeed been highly successful in their post elementary-school educational achievements. Nearly all CSFB Alumni contacted had graduated from high school five years after 8th grade – 97%.” COLLEGE ATTENDANCE “Enrollment in college – two-year and four-year – post high school was also very high OUR MISSION at 84% five to 10 years after 8th grade.” AND PROGRAM HIGHER TEST SCORES Studies of CSF Scholars in Baltimore, Charlotte, Los Angeles, Memphis, and CSFB is Baltimore’s only need-based, non-denominational Philadelphia found their test scores were higher than those of their counterparts program providing low-income Baltimore City families with in nearby public schools. tuition assistance for their children to attend K – 8th grade COST-EFFECTIVE PHILANTHROPY at the private school of their choice. The independent schools CSF Scholars attend typically spend one-third to one-half • CSFB provided tuition assistance to 300 STUDENTS in FY 2014 what neighboring public schools spend per student, often with much better results. (July 2013-June 2014). CSF scholarships demonstrate that a relatively small philanthropic investment, combined with a contribution from the parent, can provide a private school • CSFB scholars attended 51 SCHOOLS. education, and a better chance of graduating from high school and attending college. • Scholarships are partial – up to $2,000 per student – with families paying a minimum of $500 PER YEAR OF TUITION. • Every family who received a SCHOLARSHIP from CSFB is below the median income level. Most of our families qualify for free and reduced lunch programs. • ALL STUDENTS FROM A FAMILY randomly selected from our waiting list are eligible for tuition assistance. $2,000 Scholarship Donors Bart Harvey Kelly Barton CSFB SCHOOLS (continued) John and Elizabeth Hehir Matthew Baum J. Parker & Laura Davis Margaret A. and Robert S. Barbara E. Bernstein Archbishop Borders School Mt. Zion Baptist School Mark Fulchino Lawrence Foundation Terri Block John “Wes” Guckert Arlington Baptist School Ohr Chadash Academy James Meek Roger Blumenthal, MD Tim and Devon Hathaway Fund Daniel and Gay Shackelford William and Lee Bone Bais Yaakov School for Girls Our Lady of Victory Scott and Beth Harbinson James and Jacqueline John Brennan and Mary Baltimore Junior Academy School Roland Park Country School (In Honor of John & Nancy Sandbower) Stradtner Foundation Jane Sundius Robert and Jenny Hopkins Fund Baltimore Lutheran Middle & Upper School of the Cathedral The Traffic Group The Cooper Group Linehan Family Foundation Van Dyke Family Foundation Anna Dahl Bethlehem Christian Day School Sisters Academy of Baltimore Jay Lohse Edward Wight Lisa Damn Bnos Yisroel of Baltimore St. Agnes Catholic School Kevin and Melody McCreadie Stephen Williams Stephen and Amy Dassoulas Marta and David Mossburg Calvary Lutheran School St. Casimir Catholic School Todd Wilson and Mary Davis Owen Charitable Foundation Edward Delaplaine Sherri Dennis Calvert School St. Clement Mary Hofbauer School Heather L. Ravtio Natalie Eaton Cardinal Shehan School St. Francis of Assisi School V. A. Reid Charitable Fund $499 - $250 James Eckstein (In Honor of Mark Reid) Rabbi Chaim Amster Cathedral Christian School St. James & St. John Catholic Elementary School John Egger Slate Capital Group Deborah Baum Roswell M. Encina Cheder Chabad St. John’s Parish Day School Brad and Crickett Woloson Daman Blakeney Fleming Family Foundation Emmanuel Lutheran School St. Joseph School (Fullerton) Matthew & Christina Wyskiel Mimi Cooper Fund Kevin A. Gaynor Family Charitable Gift Fund Nancy Dorman Friends School of Baltimore St. Mark School Jack L. Harvey Harry and Josephine Ford, Jr. Elizabeth Hobelmann Gilman School St. Michael the Archangel School $1,999 - $1,000 Henry and Debbie Franklin Jacob Hodes Greater Grace Christian Academy St. Philip Neri School William C. Baker Gordon and Martha Glenn Charles D. Huber William G. Baker Jr. Brian and Kristen Graney Greater Youth Christian Academy St. Thomas Aquinas School Anne Jamison Memorial Fund Richard Jacobs and Kathy Kelly H.O.P.E. Academy St. Ursula School Stephanie Beran Patricica Lasher Joanne Larson Holy Angels Catholic School Talmudical Academy of Baltimore Timothy Burdette Henry Jenkins, II Ilene Lawrence Felix and Debbie Dawson Kirsten Lessner Immaculate Heart of Mary School The Boys’ Latin School of Maryland Catherine Lawson Suzanna Duvall Maryann Matthew Christopher and M. Gay Jemicy School The Lamb of God School Everyman Fund Redonda Miller Garth Legg John Paul Regional Catholic School The New Mark of Excellence School Ann and Phillip Gallant Timothy C. Naylor Thibault Manekin Glass Jacobson, P.A. Cynthia Padgett Krieger Schechter Day School The Unselds’ School The McDonald Family Donald J. Hoelting John Porter William and Cynthia Meyler Life Source Christian School Torah Institute of Maryland John R. and Katharine Jonathan Sevel Mary Page Michel Mt. Pleasant Christian School Zion Christian Middle School Baetjer Hornady Julia B. Schnupp Katie and Mark Milleker John and Lydee Hummel Ferrier R. Stillman John R. Minninger Annie Jenkins Jim and Jane Webster Elizabeth and Jeremy Moser (In Honor of Matthew Wyskiel) Gary Poretsky DONOR LIST Donna and Ernest Kovacs $249 - $100 Kate Kennedy Reinemund Irene Lambooy Sheldon and Jamie Caplis Delmar and Joanne Ritchie Liebmann & Shively, P.A. Clay M. Davis Allan Rosenberger CSFB would like to thank our donors for helping give our kids a chance. Macy’s Foundation Meara Denton and Joan Varga Dennis and Christine Peacock Christine and Peter Espenshade $50,000 and above Steven and Renee M&T Bank Charitable Foundation Roland Sabundayo Robert Schaefer Gohn Family Philanthropic Fund Betsy Sandbower CSF, Inc. Bisciotti Foundation Kate and David Powell Jacob S. Shapiro Foundation Allan and Claire Jensen The Davis Family Foundation Bunting Family Foundation Mark and Kathryn Vaselkiv Joanne and Wade Sanders Ralph Smith Magna Management, Inc. Justine Schultz IKO Foundation Huether-McClelland Foundation John and Carol Williams John M. Prugh $4,999 - $2,500 Carole R. Sibel Lockhart Vaughan Foundation Johns Hopkins Katie and Philip Shaw Harry & Jeanette Neighborhood Fund F. Barry Bilson William and Paula Thetford $999 - $500 D. William and Pamela Schlott Weinberg Foundation Legg Mason Charitable Georgette Kiser Sean and Constance Bennett $99 - $10 Foundation Susan and John Powell Lynn Wintriss Marc and Leonor Blum Abell Foundation GT Guangyu Wu $49,999 - $25,000 OneMain Financial WPW Foundation Jonathan E. Bradley Anonymous Allegis Group Foundation TKF Fund Marguerite C. Davis Wendy Baird $2,000 Scholarship Donors Clayton Baker Trust T. Rowe Price Foundation Mike Foss Deb Bandanza and Alec Arborvitae Fund Thomas Wilson Sanatarium for Venable Foundation The Gathering Baltimore Crawford Trust Children of Baltimore City Bradley BEEEM Fund $9,999 - $5,000 Virginia Campbell $24.999 - $10,000 Anonymous David Clapp Alban Foundation Howard Baetjer, Jr. Rick, Alexa, Maeve and CSFB is grateful for every donation we receive from individuals, organizations, and businesses. Baltimore City Foundation Kelso Bishop Family Foundation Charlotte Corcoran If your name is missing, please contact us at [email protected]. NEXT GENERATION INVESTING EVENT Ju’WAUn’s STORY The Baltimore Next Generation Investing Event showcases CALVert HALL COLLEGE HIGH SCHOOL premier investors who present their top equity investment “CSFB was a big part in supplementing my tuition to attend St. Pius X School. I live in a failing school district ideas of the moment. This unique event features speakers and my mother chose for me to attend a Catholic school who rarely share their specific stock ideas in a public forum. to have a chance at a better education and safe school These successful world-class investors agree to speak because environment. Not knowing how it would be financed, she reached out to CSFB. After qualifying, she was able to make the tuition payment. This has the proceeds from the event go to three Baltimore non-profit made a big difference in my life. Upon graduating from St. Pius, I was accepted to organizations that help improve educational choices for local Loyola and Arch Bishop Curly as well as receiving a partial scholarship to St. Paul children: Children’s Scholarship Fund Baltimore, Southwest School for Boys. My school of choice was Calvert Hall College. Since attending CHC, I have been a member of the National Honor Society for Spanish for four years, Baltimore Charter School and KIPP: Baltimore. have maintained a 3.6 or higher average while playing sports and have also been a member of the Black Awareness Club. I have been a summer intern for Johns PLatinum SUPPOrter ($10,000 AND ABOVE) Hopkins University and a mentor for students at a local middle school. I am blessed that my mother took the extra steps to afford me a solid education. Brown Advisory My education has allowed me to become a very well rounded person. The Bill Miller * next step in my education will be college. I have been accepted to Stifel Nicolas Towson University, Drexel, Mount Saint Mary’s, George Mason and T. Rowe Price Loyola. I plan to use my degree in the area of physical therapy for youth and adolescent athletes. I would like to GOLD SUPPOrter ($5,000 - $9,999) thank all the donors who made my Brooke & Mark Bussard middle school education possible.” Matt & Christy Wyskiel Ju’waun enrolled in Loyola FINANCIALS University Maryland. SILVER SUPPOrter ($2,500 - $4,999) JULY 2013 - JUNE 2014 Credo Capital Management Investment Counselors of Maryland EXPENSES $ 748,658 Legg Mason Global Asset Management Operating COSTS $ 198,870 Lee Owen SCHOLARSHIPS $ 549,788 Sam Peters Lisa Rapuano INCOME $ 672,836 George Roche CSF NY $ 62,400 GRANTS $ 432,193 * In addition to Gold Support for the 2013 Next Gen event, Bill generously and thoughtfully established GIFTS $ 123,771 a real money Next Gen portfolio with a gift of $100,000.
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