2015-2016 Annual Report Giving parents a choice. Giving children a chance. OUR Mission & PROGRAM CSFB is Baltimore’s only need-based scholarship program providing low-income Baltimore City students with tuition assistance to attend kindergarten-8th grade at the school of their choice. • CSFB provided tuition assistance to 275 students. • CSFB scholars attended 47 schools. • Every family who received a scholarship from CSFB is below the median income level. All of our families qualify for free and reduced lunch programs. • All students from a family randomly selected from our waiting list are eligible for “It is our children’s time – for girls tuition assistance. and boys; for those with special needs and without; for the poor • Nationally, CSF affiliates have and the not so poor; for those who provided scholarships worth are white, brown, black and any color or any mix – excellence and almost $700 million to equity for all. It’s the right thing to more than 158,000 students. do, and it’s the just thing to do.” • This year, CSF and its partners served over – Dr. María Robledo Montecel President, Intercultural Development 23,000 children across the country. Research Association CSFB OUTCOMES In Baltimore, data from an independent study conducted with funding from The Friedman Foundation and our continued follow up with alumni measure high school graduation rates and college attendance rates of CSFB scholars. We are happy to report these exceptional results! 98% High School Graduation Rate And post high school... • 85% of our students attend college • 11% enter the military and • 4% have entered the workforce CSF scholarships demonstrate that a relatively small philanthropic investment – the average scholarship was $1,864 last year – combined with a contribution from the parent and financial aid, can provide a private school education, a better chance of graduating from high school and a higher likelihood of attending college. And nationally... • A new study finds CSF Alumni enroll in and earn degrees from college. Dr. Eric Bettinger and a team from Stanford University recently analyzed the college enrollment, persistence, and graduation rates of a sample of more than 5,000 CSF New York and CSF of Omaha alumni who used scholarships between 1999 and 2010 and were old enough to have graduated from high school. Despite coming from socio-economic backgrounds associated with much lower rates of college enrollment and graduation, CSF alumni enroll and persist in college and earn degrees at rates similar to or higher than the general population and much higher than low-income students generally, according to the study. Read more at www.scholarshipfund.org/research. CSFB Al-Rahmah School Mt. Pleasant Christian School Notre Dame Preparatory School Talmudical Academy of Baltimore Archbishop Borders School Mt. Zion Baptist School Ohr Hemeir Theological Seminary The Catholic High School SCHOOLS Bais Yaakov School for Girls Ohr Chadash Academy Our Lady of Mt. Carmel of Baltimore Baltimore Junior Academy Our Lady of Victory Overlea High School Towson High School Baltimore Lab School Roland Park Country School Patterson High School W.E.B DuBois High School Baltimore School of Sisters Academy of Baltimore Paul Laurence Dunbar High School Waterbury Yeshiva, Connecticut Independent Learners St. Agnes School Pine Forge Academy Western High School Bethlehem Christian Day School St. Casimir Catholic School Reginald F. Lewis High School Yeshiva Telshe Alumi School Bnos Yisroel of Baltimore St. Clement Mary Hofbauer Roland Park Country School Yeshiva Torat Chaim School Calvary Lutheran School St. Francis of Assisi Cambridge School St. James & St. John Seton Keough Catholic High School Yeshiva Ohr Yissochor Cardinal Shehan School Catholic Elem. School Shenandoah Valley Academy Yeshivas Toras Chaim Cheder Chabad St. John’s Parish Day School Southwestern High School Yeshivat Rambam Concordia Preparatory School St. Mark School St. Francis Academy Yeshiva High of Greater Washington Emmanuel Christian Day School St. Michael the Archangel St. Mary’s High School Friends School of Baltimore St. Philip Neri School Greater Grace Christian Academy St. Pius X School Greater Youth Christian Academy St. Thomas Aquinas School H.O.P.E. Academy St. Ursula School CSFB Albright College Mt. St. Mary’s, Maryland Holy Angels Catholic School Talmudical Academy of Baltimore ALUMNI Anne Arundel Community College Mt. St. Mary’s, New York Immaculate Heart of Mary The Boys’ Latin School of Maryland Arcadia University Newbury College Jemicy School The Lamb of God School COLLEGES Baltimore City Community College Northwestern University John Paul Regional Catholic School The Unselds’ School AND TRADE Beis Medrash Toras Chesed Providence College Life Source Christian School Torah Institute of Baltimore SCHOOLS Benedict College Rosemont College Binah Institute Saint Vincent College Bowie State University Sharei Bina Seminary Tsfat CSFB Academy for College and Career Exp Friends School of Baltimore Brandeis University Stevenson University Catonsville Community College Stratford University ALUMNI Archbishop Curley High School Friendship Academy Archbishop Spaulding High School Gilman School Coppin State University Talmudical University HIGH Bais HaMedrash and Mesivta Heritage High School Cornell University The New School for Drama SCHOOLS of Baltimore Immanuel Christian Empire School of Beauty Thomas Edison State College Bais Yaakov School for Girls Independence School Essex Community College Towson University Baltimore City College High School Institute of Notre Dame Fashion Institute of Technology UMBC Baltimore Lutheran High School Jemicy School Fortis Colleges and Institute University of Baltimore Baltimore Polytechnic Institute Kenwood High School Frostburg State College University of California, Berkeley Baltimore School of the Arts Kerrim Academy Greensboro College University of Maryland College Park Beth Tfiloh Dahan Lake Clifton High School Hebrew Theological College University of Maryland Eastern Shore Community School Largo High School ITT Tech Utica University Bnos Yisroel of Baltimore Maritime Academy High School Johns Hopkins University Virginia State University Boy’s Latin School of Maryland Mercy High School Lackawanna College Virginia University of Lynchburg Byrn Mawr School Mergenthaler Vocational School Loyola University of Maryland Wesley College Calvert Hall College High School Merit Israel Michigan State University Yeshiva Gedolah of Connecticut Civitas High School Mesivta High School (Boston) Morgan State University Yeshiva University Cristo Rey Jesuit High School Milford Mill Academy Digital Harbor High School Milford Mill High School Dulaney High School Mount Saint Joseph High School Dunbar High School Mt. Zion Baptist High School Edmonson High School Ner Isael Rabemical College School Forest Park High School Ner Israel Beren High School Frederick Douglass Senior Ner Israel Rabbinical College High School New Town High School “Education is for improving the lives of others and for leaving your community and world better than you found it.” – Marian Wright Edelman OUR GENEROUS DONORS CSFB would like to thank our donors for helping give our kids a chance. Jane Webster Karen Jordan and Allan and Claire Jensen Margaret M. Schechter Stephen Williams Daniel L. Davis Michael Judelson Chaim and Adele Schnell Mary Davis R.S. Karlin Buffy Beaudoin-Schwartz Johns Hopkins Robert and Sandy Hillman $50,000 AND ABOVE $2,000 SCHOLARSHIP $249 - $101 (In honor of Susan Laurence and Sandy Katz and Howard Schwartz Neighborhood Fund DONORS Craig and Kelly Horner Austin) Felicia Kaufman Rabbi Yehoshua and CSF, Inc. The A Foundation OneMain Financial Annie and Henry Jenkins Suzanna Duvall Ruth Kincaid Sarah Shapiro Davis Family Foundation William C. and Mayer Baker Associated Jewish Kate and David Powell Jake and Jennifer Martin Natalie Eaton Denise Kitchel Harriet E. Shiffman Theresa and Jeffrey Becks Charities of Richard Riggs Robert and Maryann Michael and Ruth Edidin Roslyn Klawansky Eliyahu and Susan Shuman $49,999 - $25,000 Bradley BEEEM Fund Baltimore T. Rowe Price Foundation Matthews John Egger Ari and Shoshana Krupp Michael Singer J. Parker and Laura Davis Deborah Baum Allegis Group Foundation Mark and Kathryn Vaselkiv Michelle and Ira Malis Yousof and Farah Fakheri Donald and Anita Kuritsky Daniel and Ruchoma Mark and Aimee Fulchino Sharon Benyowitz Baltimore Next Generation Venable Foundation James Meek William Marlo Jr. Judah and Mira Labovitz Skurnik The Gathering Lee and Rachel Birnbaum Investing Event WPW Foundation Neil and Sayra Meyerhoff and Trit Farley Elie and Esther Levi Solomon and Minda John “Wes” Guckert William and Lee Bone Clayton Baker Trust Drs. Redonda Miller and Jonathan and Kelly First Emmanuel Librowicz Spetner Tim and Devon Boruch Brown Lockhart Vaughan $9,999 - $5,000 Albert Polito Stanley and Renee Michele Lipkowitz M. Rappaport Hathaway Fund Kathryn Byram Foundation Marta and David Mossburg Fishkind Henry and Miriam Ann Smith-Reiser Howard Baetjer, Jr. Donald J. Hoelting Marvin and Shirley Davids Thomas Wilson Sanitarium Lisa Rapuano Gershon Frankel Lowenthal Fred and Janet Sunness Kelso Bishop Family Robert and Jenny Cameron and Meara for Children of Jacob Stokes Philanthropic Fund Ofer and Marcie Lurman Hillel and Marsha Tendler Foundation Hopkins Fund Denton Baltimore City Kelly and Michael Sturman Howard Friedman Seymour and Faigie Samuel and Esther M&T Bank Charitable Linehan Family Foundation Francoise E. Engel, DDS Legg Mason Charitable