TRANSFORMING LIVES THROUGH EDUCATION MESSAGE FROM THE BISHOP MESSAGE FROM THE EXECUTIVE DIRECTOR

Dear Friends in Christ, Dear Friends, 2017-2018 MISSION STATEMENT BOARD OF TRUSTEES It is with a great deal of gratitude we present our first annual report It is with profound appreciation for you that Foundations in FOUNDATIONS IN EDUCATION IS to our donors and friends. We do so for several reasons. First, we Education publishes our first annual report. The following pages COMMITTED TO STRENGTHEN AND ACTING CHAIR are grateful for all you make possible. We are grateful for the provide a snapshot of our financial position as well as briefs on the TRANSFORM THE MISSION OF MOST REVEREND FRANK J. CAGGIANO incredible impact you have on the lives of the more than 1,200 inspiring programs that benefit thousands of students in the Diocese CATHOLIC EDUCATION IN THE children you help receive a Catholic education. We too are of Bridgeport Catholic Schools. This report also reflects great progress DIOCESE OF BRIDGEPORT BY SUPPORTING INNOVATION IN TREASURER grateful to you for the teachers you aid in their efforts to innovate toward realizing Bishop Frank Caggiano’s and School ACADEMIC AND EXTRA-CURRICULUM MICHAEL J. HANLON, CPA and bring a best-in-class education to their students. We also seek Superintendent Dr. Steven Cheeseman’s strategic plan and shared to demonstrate to you that we work diligently to ensure that every vision for a best-in-class school system where “Great minds don’t PROGRAMS, FOSTERING dollar raised and all funds entrusted to Foundations in Education think alike.” OPPORTUNITIES FOR THE PROFESSIONAL SECRETARY are managed with great care and go to work to form, inform and DEVELOPMENT OF SCHOOL LEADERS IN ANNE MCCRORY transform young lives across the Diocese of Bridgeport. Beginning from a solid financial footing, Foundations helped 1,200 INNOVATION AND LEADERSHIP AND students with tuition assistance of more than $2,420,000 for the 2017- PROVIDING TUITION ASSISTANCE TO EXECUTIVE DIRECTOR Each day Foundations in Education’s staff and our partners in the 2018 academic year. The awards to students you see in the FAMILIES IN NEED. HOLLY DOHERTY-LEMOINE, CFRE Office of School Superintendent, principals in our schools and following pages, provide them the opportunity of a lifetime - to teachers in individual classrooms work to give students the realize their dream of a Catholic education. FOUNDATIONS IN EDUCATION, A DAVID J. CAPPIELLO opportunity to achieve an excellent education. With the majority CONNECTICUT NON-PROFIT GEORGE A. COLEMAN of our Bishop’s Scholarship Fund recipients from low income Innovation and Leadership grants made their debut this year and 19 ORGANIZATION INCORPORATED IN ROBERT DILENSCHNEIDER families and a large proportion from single family homes, we know projects were awarded funding to bring innovative programs to our 2015, IS THE VISION OF BISHOP R. BRADFORD EVANS that the tuition assistance we offer transforms lives in the most schools. These programs inspire students and teachers alike and are FRANK CAGGIANO. THE PRIMARY LAWRENCE KUDLOW positive ways. making a tremendous impact in our classrooms. PURPOSE OF FOUNDATIONS IS TO ANDREA MALDON RAISE MONEY TO SUPPORT Your trust in our work and support of our mission is very important to These programs would not exist if not for your generous support. We DANIEL J. MCCARTHY CATHOLIC EDUCATION THROUGH the thousands of children in our schools. Foundations in Education hope this annual report demonstrates that your contributions matter, THOMAS E. MCINERNEY is committed to achieving our mission in as efficient manner as and are working! Please take some time to pause and reflect on the STUDENT SCHOLARSHIPS, JULIA M. MCNAMARA, PH.D. possible. During this most recent year, 91 cents of every dollar difference you are making in the lives of so many young students. INNOVATION AND LEADERSHIP JOSEPH C. PURCELL raised supported scholarships and extensive programs. Your gift makes a profound impact! GRANTS FOR TEACHERS, AND BERNARD E. REIDY, JR. OTHER EDUCATION-BASED GERARD D. ROBILOTTI Thank you for your continued support of Catholic education and It is an honor to work with you our contributors, Bishop Frank INITIATIVES. ROBERT D. SCINTO for forming a generation of faith-filled students, one child at a time. Caggiano, Dr. Cheeseman and our Board of Trustees to tackle some MICHAEL E. SHEA, JR. of the challenges facing our schools. Most importantly, it is a THROUGH ITS WORK, FOUNDATIONS SISTER MARY GRACE WALSH, ASCJ Sincerely yours in Christ, privilege to partner with you to help transform the lives of the 8,000 HELPS CATHOLIC SCHOOLS IN students in Diocese of Bridgeport Catholic Schools. FAIRFIELD COUNTY REMAIN AT THE CUTTING EDGE OF ACADEMICS, TO With sincere appreciation, EXCEL IN LEADERSHIP Most Reverend Frank J. Caggiano Acting Chair DEVELOPMENT, PROVIDE TUITION ASSISTANCE TO NEEDY FAMILIES, Holly Doherty-Lemoine, CFRE AND CREATE A BEST-IN-CLASS Executive Director SCHOOL SYSTEM WITHIN OUR DIOCESE.

2 FOUNDATIONS IN EDUCATION TRANSFORMING LIVES THROUGH EDUCATION 3 Through the Innovation and Leadership Grants Program, Foundations in Education promotes innovation in Catholic school education by supporting a teacher’s creative 2017-20182017-2018 AAWARDSWARDS project. Grants are intended for innovation initiatives that benefit multiple grade levels and have a long-term impact on student learning. TUITION ASSISTANCE In 2017-2018, 19 grants were awarded for $105,000.

INNOVATION AND LEADERSHIP GRANTS “We have faculty with big ideas but very little funding to take the risk of piloting new innovative TRANSFORMATIVE INITIATIVES programs. It is important to support these initiatives—to nurture their ideas into fruition.” – Tom McInerney, Donor “Catholic schools are a proven way to put kids on a path to a middle class lifestyle.” - Bill Finch, former Mayor of Bridgeport

Foundations in Education believes that Catholic education transforms lives. In addition to providing resources for tuition assistance and grants, Foundations in Education Many families want their children to attend Catholic schools, yet find the cost promotes transformative impact on students through donor-driven initiatives. of tuition prohibitive. The mission of the Bishop’s Scholarship Fund (BSF) is to help families in need afford a Catholic education. High School Career Ÿ offers students multiple pathways for success Ÿ Piloted with Ÿ “Our future can change dramatically by having Catholic education more accessible. Pathways provides opportunities to earn college level credits or Kolbe Cathedral certificates at partner schools in areas such as High School, Thank you!” - Marco, BSF Scholarship Recipient advanced manufacturing and healthcare Bridgeport

Christopher Ripp Ÿ a “wrap around” component to Pre-K programs which Ÿ Piloted with St. In its first three years, the Bishop’s Scholarship Fund Early Learning provides three and four-year old children crucial Peter School, academic enrichment and remediation assistance awarded $6,933,845. Program Danbury Ÿ assists parents as the primary educators of their children, by providing tools to help nurture social, Awarded physical, emotional and academic growth in a faith- filled and family centered learning community 2015-2016 $ 2,111,052

2016-2017 $ 2,240,793 Transforming the Ÿ Personalized Learning Ÿ Diocesan-wide Paradigm of Ÿ Multiage Classroom Pilot Model Initiative 2017-2018 $ 2,582,000 Catholic Education Ÿ Leadership Academy Ÿ $ 6,933,845 Fellowship Residency Ÿ High School Career Pathways Program Expansion

4 FOUNDATIONS IN EDUCATION TRANSFORMING LIVES THROUGH EDUCATION 5 THE BISHOP’S SCHOLARSHIP FUND INCREASES ACCESS LEADERS OF TOMORROW PROGRAM

TO CATHOLIC SCHOOLS Leaders of Tomorrow is a select program of the Bishop’s Scholarship Fund representing students who qualify for tuition assistance and The mission of the Bishop’s Scholarship Fund (BSF) is to help families have been identified by their principal as students of strong afford a Catholic elementary school education. In 2017-2018, the BSF academics, good character and leadership potential. awarded over $2,500,000 in tuition assistance to 1,302 students in Diocesan Catholic schools in Fairfield County. “This scholarship not only provides much needed financial assistance to qualifying families, it allows us to invest in the future of our promising students.” - Steve Santoli, Principal

8,000 3,224 $6,134,150 1,302 51% 54% $41,502 39% Hispanic students attend Diocese students applied for overall calculated students awarded raised by single qualify for average gross 27% White of Bridgeport Catholic tuition assistance need $2,582,000 parents free/reduced lunch income 18% African American Schools PreK-Grade12 tuition assistance 3% Asian, 2% Multiracial 1% Native American, 11% Other

“In Matthew 19, Jesus said ‘Let the little children come to me, and do not hinder them, for the "I treasured the opportunity to meet the people that “Every day I think about how lucky I am to have this Kingdom of Heaven belongs to such as these.’ He is speaking to all of us in that verse. My husband Peter make my son’s education possible. The generosity of support. The kind and selfless generosity of our donors and I have chosen to help fulfill that command.” - Barbara Ripp, Donor our Catholic community is truly a blessing." - Daniela DeCastro, Parent of a BSF Recipient will never be forgotten.” - Vanessa, BSF Recipient

6 FOUNDATIONS IN EDUCATION TRANSFORMING LIVES THROUGH EDUCATION 7 For almost a year, members of the Notre Dame High School As of June 30, 2018* STEM Club have been working on a prosthetic hand project. Statement of Financial Position Support, Revenues and Expenses For the Year Ended June 30, 2018 Their original prototype was built using cardboard, plastic straws, glue and string. After receiving a Foundations in ASSETS SUPPORT AND REVENUES Cash and cash equivalents $3,381,861 General contributions $7,530,259 Education Innovation Grant to purchase 3D printers, the Investments 896,318 Contributions from the Diocese 1,189,268 project progressed to the next level. Contributions receivable, net 5,791,508 Special events 795,317 Due from the Diocese 412,057 Investment income 14,473 Using 3D technology, students employed a MakerBot Replicator + prototype to TOTAL ASSETS $10,481,744 TOTAL SUPPORT AND REVENUES $9,529,317 create their first test print of a working hand, however found that the fingers and LIABILITIES AND NET ASSETS Liabilities EXPENSES the palm did not work. After more research, trial and error, and much Accounts payable and accrued expenses $9,340 Program Services collaboration, they created a successful design using the Phoenix v2 prototype. Scholarships payable 2,227,250 Tuition assistance $2,189,963 The club recently received the E-Nable Assembly and Fabrication Badges granting Grants payable 343,778 Innovative and transformative initiatives 598,307 them approval to create a prosthetic hand for a recipient. The students are Due to the Diocese 10,000 $2,903,954 Total Liabilities $2,590,368 Support Services excited to design and scale a hand specifically designed for a child in need. Net Assets General administration and fundraising $294,394 Unrestricted $443,853 TOTAL EXPENSES $3,198,348 Temporarily restricted 7,447,523 Total Net Assets $7,891,376 FY18 PROGRAM AND SUPPORT SERVICES TOTAL LIABILITIES AND NET ASSETS $10,481,744

10% *The Statement of Financial Position has been derived from the audited financial statements of Foundations in Education, Inc. for the year ended June 30, 2018. This program provides three and four-year olds with academic enrichment and The complete audited financial statements, notes to the financial statements, remediation and extra-curricular activities that promote physical and emotional and auditor’s report may be obtained from Foundations in Education, Inc. 19% health. Parents are invited to attend classes that offer guidance in their children’s education and a greater understanding of their faith. The goals of the program 71% are to assist parents as primary educators by giving them tools to help nurture social, physical, emotional and academic growth in a family –centered learning community and to provide tuition assistance. Studies show that involvement in programs such as this wrap around program Tuition Assistance Innovative and Transformative Initiatives improves attendance and interpersonal skills, increases academic success General Administration and Fundraising and lowers aggression. The benefit is greatest for early intervention of high-risk Elementary Schools children that come from low-income families. All Saints Catholic School-Norwalk High Schools Assumption Catholic School-Fairfield Immaculate High School-Danbury Catholic Academy of Bridgeport-St. Andrew Academy Kolbe Cathedral High School-Bridgeport Catholic Academy of Bridgeport-St. Ann Academy Notre Dame High School-Fairfield Catholic Academy of Bridgeport-St. Augustine Academy St. Joseph High School-Trumbull Catholic Academy of Bridgeport-St. Raphael Academy Trinity Catholic High School, Stamford Catholic Academy of Stamford Greenwich Catholic School ANNUAL DISTRIBUTIONS TO SCHOOLS This transformative initiative includes five unique projects which Dr. Cheeseman Holy Trinity Catholic Academy-Shelton $3,000,000 Our Lady of Fatima School-Wilton believes to be “critical to the future of education in our diocese, both in how our St. Aloysius School-New Canaan Catholic education is delivered and in how our children learn and prepare for the St. Catherine of Siena School-Trumbull $2,500,000 future.” The projects include: 1) Personalized Learning, 2) Multiage Classroom Pilot St. Gregory the Great School-Danbury St. James School-Stratford Model, 3) Leadership Academy, 4) Fellowship Residency and 5) High School St. Joseph Catholic Academy-Brookfield Pathways Program Expansion. St. Joseph School-Danbury $2,000,000 St. Mark School-Stratford Great minds don’t think alike. Through the Personalized Learning St. Mary School-Bethel Initiative we develop a deep knowledge of every student and St. Mary School-Ridgefield $1,500,000 St. Peter School-Danbury personalize instruction to ensure all students achieve both academic St. Rose of Lima School-Newtown and personal goals. Catholic schools’ long tradition of academic St. Theresa School-Trumbull $1,000,000 excellence and faith-based moral development is blended with St. Thomas Aquinas School-Fairfield 15-16 16-17 17-18 cutting-edge learning technologies and instructional practices. Special Needs School Innovation and Leadership Grants Tuition Assistance St. Catherine Academy-Fairfield

8 FOUNDATIONS IN EDUCATION TRANSFORMING LIVES THROUGH EDUCATION 9 ANNUAL CONTRIBUTIONS: received from July 1, 2017 to June 30, 2018

$5,000,000+ FACTS Management Company Marianne and Bradford Smythe Peter Jakubowski Maria and Philip Fecher Sandy and Joseph Pisani Paula and Thomas McInerney Kimberly and Kevin Fahey Trinity Catholic High School, Stamford Sharon and Nicholas Kamillatos Thaddeus Figlock Mary Ann and Thomas Plavcan Gloria and John Garvey Carol and Paul Tusch William King Sharon and Robert Fischer, Jr. Rev. Msgr. Thomas Powers $1,000,000 - $2,000,000 Huntington Foundation Patrick Wade Bonnie Kreitler James Fisher Ruth Prior Diocese of Bridgeport Annual Catholic Knights of Columbus Asset Advisors Western Connecticut Health Network, Inc. Bridgette Lemoine Heidi and Bart Flaherty Joan Rafferty Appeal Judith and Lawrence Kudlow Patricia Zaccone Jill Maniero Bridget and Daniel Fox Richard Rapice Fidelity Charitable Gift Fund Linda and Daniel Leary Brian O’Connor Meg and C. Steven Francis Jane and James Richardson Barbara and Peter Ripp Julie McNamara and Richard Lolatte $500 - $999 Arlene and Mark Perricone Mary Jo and Robert Fusaro Amanda Robbins Elizabeth and Thomas McDevitt Elizabeth Adamson Susan Poniatowski Edward Galemba Kathleen Rooney $100,000 - $500,000 Robert D. Scinto, Inc. Francis Browne Virginia and James Roberts J. Philip Gallgher Rev. Msgr. Martin Ryan Anonymous Lyndy and Deacon Patrick Toole Michele Castagna Saint Hubert Foundation John Gates Joseph Sabo Denis J. and Britta E. Nayden Foundation Elissa and Thomas Wilson Lisa and Mark Castillo Richard Salvaggio Cathy Gelotte St. Gregory the Great School, Danbury Mary Alice and Thomas O’Malley XL Catlin Janet Cornell James Sarath Marie and Salvatore Gilbertie St. Mark School, Stratford Jeanne and William Coupe Jane and Edward Thomas Jeanne and David Gresko St. Mary School, Bethel $25,000 - $50,000 $1,000 - $4,999 Reverend Michael Dogali USI Consulting Group Johanne and Michael Hagan Louise Santangelo Barbara and R. Bradford Evans Anonymous Joanne and John Eppolito Sister Mary Grace Walsh, ASCJ Patricia Hansen Anthony Scalzo Roger Fox Pamela and Mark Beaudoin Susan and William Fitzgerald Martha and Matthew Zola Karen and James Harriss Mary Helen Holden and William Schorndorf Andrea and Jonathan Maldon Rev. Msgr. Laurence Bronkiewicz Mary Kate Gobleck Kaitlyn and Thomas Hayes Theresa and Michael Sciallo Merrill Lynch Pierce Fenner & Smith, Inc. BV Investment Partners Patricia Guerin Up to $149 Patricia Hennessy Charles Sekelsky Rebecca and Michael Shea Catholic Academy of Bridgeport Matthew Helfrich Josephine and Carmine Adimando Mary and William Henson Maryann and George Sender Catholic Management Services Reverend Michael Jones Rosemary and Leonard Ahern Joseph Hill Phyllis and Otis Shelton $10,000 - $20,000 Canon Solutions America Katherine and Leo Karl Lucinda Ames Gene Holmes Adriane and Kevin Sherman Janet Barrillari Christine and David Cappiello Sarah and Casey Kilcullen Maria Arpi Ceasar Irby Christine Smey Susan and Francis Carroll, III Robert Castrignano Holly Doherty-Lemoine and Bruce Lemoine Elizabeth Auda Karen James Jarriss Geraldine and Gaeton Stella Suzanne and Thomas Cingari, Sr. Colleen and William Charlesworth Lone Pine Foundation Janis Baldino Ronald Kadar Sister Nancy Strillacci Sheila Clancy Joseph Cingari Joseph Maida Leah and William Begg Mary Kane Joann and Mark Szczepanski Day Pitney, LLP Julie and Robert Colligan Mary and Kevin Maloney Terese Marie Bilyard Patrick Kearney Monika and Grzegorz Szydlowski Grade A Markets Niamh and Paul Cronin Ellen and Donald McNees Elaine and Deacon William Bissenden Jean King Beatrice Tien Frontier Communications Sandra and James Curley Donna and Kevin Myers Kelly and Rodd Blessey Patrice Kopas Debbie Tietjen Kristine and Kevin Jandora Alexandra and John Duffy David O’Connor Reverend Michael Boccaccio Lisa Lanni Bernadette Tonucci Key Bank First Niagara Foundation Mary and Robert Dyer Robert O’Connor Patricia Brady Christel and Edward Littera Francis Tortora Andrew Knuth Sarah and Matthew Fair Sarah and Thomas O’Connor Deborah and Donald Brelsford Cynthia Mahony Joan and Sal Trombetta Lynn and Francis Mara Fairfield University Barbara and John O’Neill Arnold Brown Kerry and Stephen Maloney Margaret and Kevin Walsh Dian Jennings Mayo Lisa and Keith Ferrara Our Lady of Guadalupe Parish Joseph Burton Jerome Marcus Madeleine and William Welsh Ann and Daniel McCarthy Christine and Peter Ferrara Paychex, Inc. Paul Calhoun Anthony Masi Marian and Jamie Whiteman Mutual of America Life Insurance Co. Fieldpoint Private Bank & Trust Sunday and Stephen Piccolo Anthony Carrano R. Perley McBride Eleanor and John Winters Jody and John Myers Grant Thornton, LLP Regency Limousine, Inc. Amy and Thomas Casey Joan McKenzie The O’Herron Family Foundation Anne Marie and Joseph Hadley Linda and Stuart Sachs Susan and Nicholas Cecere Mary McNamee Tribute Gifts People’s United Bank Linda and Gerald Hatcher St. Joseph Catholic Church, Shelton Kelly and Daniel Chesson Amelia and Humberto Mecatl Foundations in Education gladly accepts Lisa and Joseph Purcell Ana Cristina and Charles Herrick St. Joseph School, Danbury Patricia and John Cingari David Mihalek donations made in memory of loved ones Maureen and Bernard Reidy Eunice Higgins St. Theresa Parish Carrie and George Coleman Barbara Miller or in honor of family and friends to mark St. Thomas More Parish Carol James Rebecca and Steven Santoli Sue and Gary Conte Arthur Mollenhauer special occasions. If you wish to Jennifer and Christopher Barbara and Gregory Keefe Adriane and Kevin Sherman Noreen and James Corcoran Nancy Moore memorialize or honor someone with a gift St. Victor de Pinho Blandine Lewine Raymond Smyth Elizabeth and Geoffrey Coughlin John Niestemski that will help transform a child’s life, you Barbara and Robert Scinto Elise and Glenn Major Jennifer and A. Morris Tooker Carol and Leslie Cristini Mara and Daniel O’Brien may make a gift in his or her name. Patricia and Albertus van den Broek Allesandra and Richard Marr Patrick Turner Thomas Crowley Robert O’Connor Venman & Co. LLC Anne and Hugh McCrory Suzanne and Bernardo Curra Anna and William O’Rourke Contributions were made to Foundations in Christine and James Woods Maureen and John McInerney $150 to $400 Barry Dandrea Caro and Lawrence O’Toole Education as a tribute to the following Anne and Brian Young Marcia and James Morley Regina and Albert Barber Marie and Gary Daniels Robert Payne individuals: Nanavaty, Nanavaty & Davenport, LLP Priscilla and Deacon Roland Blier Christian and Jackson Day Wanda and Eligio Perez $5,000 - $9,999 Newtown Savings Bank Aimee and Andre Byrne Rose and Anthony DiCocco Joseph Perkowski In memory of: Aetna, Inc. Paul Dinto Electrical Contractors Marie and Gary Daniels Jennifer and Briane Doane Kerry Perille ¡ Stephen Charles Most Reverend Frank Caggiano Joan and Dennis Poster Lisa and Fred DiMaria Michael Doery Arlene and Mark Perricone ¡ Bernard Helfrich Catholic Education Foundation, Inc. Andrea and Robert Pucel Angela Dinger Carol Duensing Ameilia And Peter Perroni Janet and Gerald Catenacci Patricia and James Read Bonnie Dreitler Josephina and Charles Elms Madelyn and James Pesci, Jr. In honor of: CCS Fundraising Martha and Gerard Robilotti Roberta and Joseph Gagne Ann Errichetti Bart Petriello ¡ Most Reverend Frank J. Caggiano Katherine Hanson and James Colica Maureen and Joseph Roxe Michael Hanlon Pamela and Derrick Fallon James Pezzullo ¡ Anne McCrory Connecticut Business Systems St. Aloysius Parish Immaculate High School, Danbury Diane and Randy Farrell John Phelan ¡ Joe Pisani Mary and Brian Donovan Shepherds Inc. Kathryn and J. Eric Ivester Shawna and Robert Fay Barbara Piaty ¡ Sister Mary Grace Walsh, ASCJ

Every effort has been made to assure the accuracy of this listing. In the event you feel there is an error, please contact Holly at [email protected]

10 FOUNDATIONS IN EDUCATION TRANSFORMING LIVES THROUGH EDUCATION 11 238 Jewett Avenue * Bridgeport, CT 06606