CRISTO REY JESUIT HIGH SCHOOL 2019-2020 ANNUAL REPORT ON PHILANTHROPY CRISTO REY JESUIT HIGH SCHOOL 2019-2020 BOARD OF TRUSTEES TABLE OF CONTENTS ROBERT T. CAWLEY, CHAIR G. RUSSELL CROFT EARL L. LINEHAN MISSION STATEMENT Letter from the President 2 President Vice President President RCM&D Croft-Leominster, Inc. Woodbrook Capital Cristo Rey Jesuit High School empowers Financial Position 3 Baltimore youth to succeed in college, career, FRANK K. TURNER, JR., VICE CHAIR JAMES C. DAVIS JACK A. LUETKEMEYER and life. We provide access and opportunity for Hornets in Healthcare 4 Executive Vice President Chairman Co-chairman students of religious, racial, and ethnic diversity Howard Bank Allegis Group, Inc. Continental Realty Corp. to excel through rigorous academics, a corporate Corporate Internship Program Partners 6 internship program, extracurricular activities, SR. HELEN AMOS, RSM MATTHEW F. DENT CHARLES L. MASKELL, JR. Angel Sponsors & Community Partners 8 Executive Chair President, Portfolio Manager and Analyst Managing Director and faith formation. We transform lives in the Mercy Health Services Board of Trustees D.F. Dent and Company, Inc. Chesapeake Corporate Advisors, LLC Catholic, Jesuit tradition of faith, justice and Meet People Where They Are: A Meaningful Mentorship 9 reconciliation. RICHARD O. BERNDT W. BOULTON DIXON ANTHONY MOAG Scholarship Campaign 10 Managing Partner Former Head of School Chief Operating Officer CRISTO REY NETWORK Gallagher Evelius & Jones LLP McDonogh School The Whiting-Turner Contracting Company Unrestricted, Program, and Capital Gifts 13 Cristo Rey Jesuit High School is a member REV. TIMOTHY BROWN, S.J. MARTIN J. EBY MICHAEL E. MULDOWNEY of the Cristo Rey Network. The Cristo Rey Gifts of Goods and Services 17 Associate Professor of Law and Founder, Chief Advisory Officer Executive Vice President Network is the only network of high schools in Social Responsibility WMS Partners CBRE Capital Markets | Investment Properties Endowment Gifts 18 the country that integrate four years of rigorous Loyola University Maryland WAYNE R. GIOIOSO, JR., CHAIR EMERITUS ARNOLD I. RICHMAN college preparatory academics with four years Tributes 20 GEORGE L. BUNTING, JR. President Chairman of professional work experience through the President & CEO Mid-Atlantic Properties, Inc. The Shelter Group Corporate Internship Program. Comprised of Memorials 21 Blue Jar Private Trust Company 37 Catholic, college- and career-preparatory HARRY S. GRUNER DANIEL L. RIZZO schools that today serve 12,000 students across Stand Up for Students 22 AURELIA T. BURT Founder & Managing General Partner Innovation Fellow 24 states and collectively claim 18,000 graduates, Educational Consultant JMI, Inc. Inovalon Volunteers and Tutors 26 the Cristo Rey Network delivers a powerful and BRIAN COBB TIMOTHY W. HATHAWAY, CFA REV. JOHN SAVARD, S.J. innovative approach to education. The Network 2019-2020 Faculty and Staff 27 Chief Technology Officer Partner and Director of Research Rector of Ignatius House is dedicated to strengthening the competence, Brown Advisory and Institutional Investment Loyola University Maryland confidence, and aspiration of students from To & Through 28 Management economically-disadvantaged families and FRANCIS A. CONTINO Brown Advisory J.M. SCHAPIRO College and University Enrollment 29 empowering them to build fulfilling lives that Managing Director President & CEO FAC&B, LLC DR. WILLIAM HEISER Continental Realty Corp. advance the common good. As a member of the Men and Women for Others: The Jesuit Way Forward 31 President Network, CRJ Baltimore adheres to the Mission BEVERLY A. COOPER Cristo Rey Jesuit High School JOHN STEWART Effectiveness Standards which establish the Rev. William J. Watters, S.J. Legacy Society 32 Vice President Assistant to the President intent to which schools agree to operate, and The Reginald F. Lewis Foundation TIMOTHY A. HODGE, JR. Loyola Blakefield by which they can fulfill their mission and Managing Partner, Baltimore empower students to succeed in college and life CONTRIBUTORS: MARGARET CORDISH Nelson Mullins REV. WILLIAM J. WATTERS, S.J., CHAIR EMERITUS as productive, faith-filled individuals. Karla Garcia-Aguirre ’18, Development Intern Principal Assisting Priest Bill Heiser, President Cordish Private Ventures DANA JACKSON St. Ignatius Church Meagan Mallen, Development Assistant Chief Information Officer Jack Pettenati, Donor Relations and Special Events Coordinator Franklin Templeton Katie Sutton, Foundation Relations and Grants Manager Please note: This report reflects gifts made between July 1, Meghan Tapscott, Director of Development 2019 and June 30, 2020 and does not reflect cumulative giving. BRYAN KELLY Every effort has been made to ensure the accuracy of this PHOTOGRAPHERS: President of Kelly Marketing Services report. Please notify the Development Office of any errors by Grant Gibson Kelly & Associates Insurance Group, Inc. calling (410)-727-3255, extension 4000. Also please contact Jack Pettenati the Development Office if you would like to change the way your name is listed in future publications. This report is a ADDITIONAL CREDITS publication of Cristo Rey Jesuit High School. McAllister Design, Graphic Design GraphTec, Printer Cover: Graduates of the CRJ Class of 2020 throw their caps in the air at their commencement ceremony. CRISTO REY JESUIT HIGH SCHOOL 2019-2020 ANNUAL REPORT 1 FINANCIAL POSITION The success of the Cristo Rey Jesuit model relies on the generosity of others. We are profoundly grateful to our community that has made it fiscally possible for us to persist in our mission to empower the young people of Baltimore City for over a decade. Thank you for partnering with CRJ to ensure our scholars have continued access to stability, opportunity, and hope. 2019-2020 2019-2020 SUMMARY OF CORPORATE SUMMARY OF GIFT REVENUE INTERNSHIP PROGRAM REVENUE Bridges to the Future Fund $ 507,162 Corporate Internship Program Sponsorships - $1,511,875 Major Gifts $ 2,397,336 Angel Sponsorship Gifts - $485,000 Foundation Grants $ 1,040,055 Total CIP Revenue - $1,996,875 Stand Up for Students Event (Net) $ 170,203 Subtotal $ 4,114,756 YEARLY TUITION BREAKDOWN Endowment $ 1,072,454 Average Family Contribution 6.4% $ 1,100.00 Capital $ 144,377 Scholarship 43.9% $ 7,500.00 Total Gift Revenue $ 5,331,587 CIP Earnings 49.7% $ 8,500.00 Please note that income above are pre-audited figures. Final audited figures are available upon request. DEAR CRISTO REY JESUIT COMMUNITY, The 2019-2020 school year started off with the hope The 2019-20 school year concluded differently than any and excitement similar to that of any other – with our I’ve ever experienced before. We established emergency CRISTO REY JESUIT HIGH SCHOOL BY THE NUMBERS students returning to school, visiting with their friends funds to respond to students and alumni directly impacted and preparing to take on new learning experiences. by the pandemic. Scheduled and limited locker cleanouts Faculty and staff warmly greeted students with the replaced classroom farewells. Plans for summer college When you make a gift to hope of helping each scholar fulfill their goals for the tours were cancelled. All-staff video meetings replaced Cristo Rey Jesuit, you are year. Some were filled with the excitement and our normal year-end goodbyes. Fortunately, we were able directly supporting programs possibility of a new year, others felt a bit nervous about to gather, albeit in a delayed, socially-distant and limited and services that benefit our being in a new school and all that comes with way, to award the Class of 2020 with their hard-earned students. From July 1, 2019 $42,000 $2,000 $3,000 navigating a new environment. What we did not know diplomas in July. After months of not seeing students in through June 30, 2020, your to supply each in alumni emergency funds towards a team building was that all of us would be navigating an entirely new person, it was wonderful to be together – and it made me gift helped provide: Cristo Rey Jesuit student with experience for the freshman class a graphing calculator at Outward Bound Baltimore environment come spring. so proud to see them celebrating their achievements. Thinking back to when the COVID-19 crisis was As you read through the pages of this Annual Report, I beginning in March, I cannot help but reflect on that hope you’ll be inspired by student stories, lists of generous time and the months that followed and be overcome supporters, and photos of our students and faculty. We with an overwhelming sense of gratitude. Gratitude to: cannot do this work without the people named in these our faculty and staff who pivoted quickly to distance pages, and I am immensely grateful to the Cristo Rey $15,000 Funding for hiring a chaplain to Transportation to Corporate learning to meet the needs of our students; our Jesuit community for your belief and commitment to our to support the academic lead increased family outreach Internship Program sites enabled students who rose to the challenge of distance learning; mission as we continue to navigate this new environment. mentorship program as well as faculty and staff faith through SyncUP our seniors who, despite not being able to celebrate We are here to accompany students on their paths to formation initiatives FLEET technology once in a lifetime traditions like Prom, Magis Day, and success – no matter the obstacles we face. Thank you for Baccalaureate in person, led our student body with a joining us. spirit of perseverance; our corporate partners who With gratitude, expressed continued care and support for their student interns; And to you – our donors, volunteers, Leadership Advisory Council and Board of Trustees – Maintenance of our fleet of Breakfast and lunch for So much more who remained committed to our mission at a William L. Heiser, Ed.D. 14 vehicles Cristo Rey Jesuit students vulnerable and critical time. President 2 CRISTO REY JESUIT HIGH SCHOOL 2019-2020 ANNUAL REPORT CRISTO REY JESUIT HIGH SCHOOL 2019-2020 ANNUAL REPORT 3 4 HORNETS IN HEALTHCARE ≠ ≠4 ≠2 One of the unique identifiers of a Cristo Rey Jesuit education is the real-world work experience students receive through the hallmark Corporate Internship Program, or CIP.