Annual Report 2007-2008

From the Development Office

ANNUAL FUND

The generosity of over 1,360 Annual Fund donors provided $1.58 million in 2007–2008 to support St. Mark’s School. Trustees, alumni/ae, current parents, former parents, faculty, staff, grandparents, friends of St. Mark’s, and even VI Form students demonstrated their support for and love of St. Mark’s by making a contribution to the Annual Fund. Gifts ranged in size from $5 to $60,000 and as always, each gift, no matter the size, helps the school to provide an exceptional education for our students.

Here are a few highlights:

  • The Annual Fund achieved a 5% increase over last year with a total amount of $1,581,936.
  • Average gift also increased by 5%, from $1,091 in 2006–2007 to $1,141 in 2007–2008.
  • Current parents participated at an all-time high rate of 73%, contributing $475,540.
  • The Board of Trustees increased their giving by 5% for a total of $528,336, accounting for 33% of overall Annual Fund giving.
  • The number of donors who gave $2,500 or more to the Annual Fund increased by 17%.
  • 200 donors gave at Founder’s Associates levels of $1,500 and more to the Annual Fund, contributing $1,297,000.

The 2008–09 Annual Fund goal has been set at $1,750,000 and efforts are well underway. With your continued or first-time
support, we look forward to exceeding expectations and enhancing St. Mark’s ability to provide an outstanding living and learning
environment for St. Markers.



CAPITAL GIFTS

During the last fiscal year, St. Mark’s received $5,687,278 in contributions for physical plant and endowment purposes.
Notable areas of funding include the Chair in Academic Computing and Computer Science, our new faculty houses, the
Class of 1957’s 50th reunion fund, and the new funds listed below.

Class of 1958 – 50th Reunion
With the leadership of Class Agent, Skip Dechert, and Trustee, Clark Grew, a committee of the Class of 1958 continues their
work in securing gifts for their 50th reunion fund. During the May reunion weekend, the class carefully listened to Head of
School John Warren and other administrators who detailed several financial challenges confronting the school. After several discussions,
the class agreed to provide initial funding for an endowed chair in Asian Studies. Noting the international nature of the
class, both while in Southborough and then in their own careers and experiences, they felt this project would be of vital importance
to future St. Markers. The class has set an ambitious goal of $200,000 and has made considerable progress to date.

Class of 1983 – 25th Reunion
For their 25th Reunion project, the Class of 1983 has set a goal of $100,000 to endow a fund which will support annual professional
development of the faculty. The reunion committee has already met with considerable success and hopes to conclude
their solicitations by the end of the summer. To date more than $75,000 has been committed. Thanks go to the committee of
Diane Stebbins, Andrew Marrus, Bill Collins, Craig Coogan, David Guzzi, Whitney Singleton and Pete Paddock.

The G. Peabody Gardner Jr. Memorial Art History Classroom and Digital Image Library
Organized by a small committee of Peabo’s friends, business associates and classmates at St. Mark’s and Harvard, more than
$120,000 has been pledged to create a digital image library and art history classroom. The funds will be used to convert the
school’s extensive slide library into digital form and to equip and renovate the classroom to accommodate both group and individual
work using this resource. There will also be sufficient funds after the initial work to provide an endowment, supporting
the library in the future.

We are grateful for all of our donors to capital purposes, as their generosity helps St. Mark’s continue to offer an outstanding
education today and into the future.