Annual Report2009-2010

Buddies ofThe Carey School

Each year The Carey School reports our financial and development statistics to the community as a means of recognizing the generous support the school receives from all of you, and to inform you about the careful stewardship of your donations for the benefit of Carey School students. For the past seven years, The Carey School Community has enabled the school to increase its annual giving totals, coupled with the tremendous achievement of 100% participation from our current parent community and the board of trustees. Few schools in the country can boast of such success, and I thank each and every community member for supporting the school and its endeavors. Indeed, similar to the life long friendships that our older students make with their younger buddies, you are buddies to the school.

To support The Carey School with your annual fund gift means supporting teacher salaries and benefits, it means students are exposed to the wonders of the Bay Area through field trips and guests to the campus, it means that robust professional development opportunities are available to the faculty and administration, and it means that students enjoy classrooms supplied with the very best instructional materials. Through our Tuition Assistance program, your support helps to make a Carey School education accessible to students who may otherwise be unable to attend. Your support helps us stay in touch with alumni as we strive to build connec-tions and provide a warm nurturing community for everyone who is affiliated with the school, whether cur-rently enrolled or returning for a visit.

Additionally, your support of The Carey School enables us to expand our program offerings in order to meet the needs of a twenty-first century education. By partnering with the Parent Association, we were able to replace all of the computers in the technology lab last year, as well as equip our second through fifth grade classrooms with interactive white boards. We also installed the school’s first comprehensive student informa-tion system that helps us to increase accuracy and efficiency across the school. This year, the school and parent association are partnering in the launch our character education and service learning initiatives. You can learn more about this important work of visiting our website, as well as by reading our future edition of our news-magazine, the Carey Connection.

Thank you again for all you do for The Carey School.

Each gift reverberates loudly in the lives of our students and on behalf of all of us at the school, I thank you!

Eric TempleHead of School

Welcome

Last year’s persistent climate of economic uncertainty left many of us wondering what the 2009-2010 school year would bring. Fortunately, due to unwavering and strong demand for a Carey School education, continued prudent financial planning on the part of the Administration and Board of Trustees, and a tremendous level of support from our community, The Carey School experienced a successful financial year.

But financial success goes well beyond attaining a desired number at the bottom of a spreadsheet. When we look at the school’s Annual Fund gifts in support of our ongoing programs that are critical to the success of our school, the story is very exciting. Donors were once again able to target their gifts to support specific areas that matter most to them, in-cluding tuition assistance, faculty support, academic program and the long-term financial stability of the school through endowment. We saw a substantial increase in the number of gifts from our grandparent community, and a dramatic155% increase in the number of gifts from our alumni parents. We are also extremely grateful for the record-high levels of support from those who are also paying tuition - our current parents. 120 families gave at levels 15% or higher than the previous year, helping the 2009-2010 Annual Fund attain a record $327,415 or 122% of the Annual Fund goal. But per-haps most significantly, we saw 100% parent participation in the 2009-2010 Annual Fund for the 13th straight year. This is an enviable achievement and a testament to the value of The Carey School’s extraordinary learning experience. We recognize that the strength and commitment of our community manifests itself in many wonderful ways - from room parenting to teacher appreciation breakfasts to running Careyfest or the school auction - but the generosity as ex-pressed through financial gifts gives us the unique ability to make a difference in supporting the teachers and programs that make Carey the special place it is.

Let me end with a note of gratitude to the Board of Trustees for their leadership and support for the school, to our families, our faculty and staff, our alumni, our grandparents, alumni parents and other friends who chose to support The Carey School this past year. I thank each of you for your continued generosity, and I hope you will continue to support Carey in the years to come.

Susanne VagadoriBoard Chair

Board of TrusteesSusanne Vagadori, President

Peter Lim, Vice-PresidentSarah Murphy, SecretaryCarol Pereira, Treasurer

Nicole AlstonBetsy Berman

Roberta ChopraDouglas Chu

Becky DupontBeth Gelles

Annette GoodwineRona Halualani

Cissy LewisSally Screven

Erich SengelmannBill Silver

John Somorjai

Ex-officioEric TempleDevon Gold

Photographs taken by Veronica Riedel

Revenues: 1. Tuition $4,473,590 86.6% 2. Fees $271,000 5.2% 3. Annual Giving $327,415 6.3% Less 10% for Endowment ($32,740) -0.6% 4. Interest and Other Income $125,700 2.4%

Total $5,164,965

Expenditures: 1. Personnel $3,587,085 69.5% 2. General Administrative $217,685 4.2% 3. Instructional Materials and Student Activities $356,775 6.9% 4. Facilities and Equipment $319,000 6.2% 5. Financial Aid $277,660 5.4% 6. Operating Reserves $131,760 2.6% 7. Board Designated Reserves $275,000 5.3%

Total $5,164,965

Jane KolmodinChief Financial Officer

The Carey School had another notable year - the school was fully enrolled, tuition and fee income increased substantially, annual giving receipts were far greater than the previous year, and the board continued to exercise fiduciary prudence by building the financial reserves necessary for long term sustainability. Due to the generosity of our donors, receipts from Annual Giving increased nearly 13% over the previous year. As is The Carey School tradition, 10% of annual giving receipts are committed to the Carey School Endowment, which has now grown to more than $647,000. Expenditures increased less than 8% over the prior year in spite of the ex-pected increase in personnel costs and an increase in financial aid.

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Financial Highlights

Designed by Lisa Fowler and Daisy Hsiao

Thanks for helping us grow!

Annual Fund ChairpersonBetsy Berman

Advancement ChairpersonSarah Murphy

Board of TrusteesSusanne Vagadori, President

Peter Lim, Vice PresidentSarah Murphy, SecretaryCarol Pereira, Treasurer

Nicole AlstonBetsy Berman

Roberta ChopraDouglas Chu

Becky DupontBeth Gelles

Annette GoodwineRona Halualani

Cissy LewisSally Screven

Erich SengelmannBill Silver

John SomorjaiEx-Officio Devon Gold

Eric Temple-Head of School

Ambassadors Pre-Kindergarten-

Martin/SemienLaura AgarwalDevon Gold

Kindergarten-DasClaudia Renert

Cathleen Thomas

Kindergarten-WallenKimberly Bottoms

Mary FolsomClaire Thompson

First-MillerLaurie Kowalski

Regina Lewis

First-ZirelliMason Ford

Carol PereiraSally Screven

Second-BevanWendy EhrlichHilary Somorjai

Second-CarliTracey GordonKristina Israelski

Third-BaumWendy Liau

Roberta ChopraBetsy Berman

Third-RowlandLaura Digioacchino

Becky Dupont

Fourth-DonarSusan FarisGail ThomasPaul VagadoriSarah Murphy

Fourth-HarmanAnnette Goodwine

Laura Gschwind

Fifth-BloomBeth GellesCarla White

Fifth-CoraggioSue Doell

Kelene Richart

Alumni ChairpersonJeffrey Ting

Advancement DirectorLisa Fowler

Advancement AssociateDaisy Hsiao

Annual Fund Committee

Donors by Giving Level

Platinum CircleSean and Sarah Murphy

Gold CircleDavid and Jill AndrewsJames and Roberta Gates

Silver CircleRichard Bush and Patricia McGuiganGene and Maria Frantz (TPG Capital)Darren and Devon GoldLee Kaplan and Maria GorelikPeter Lim and Sheryl ShehAnthony and Diana LyeHenry and Sonia Sohn

The 1928 SocietyPhilip and Mary AlbertEugene and Nicole Alston (Google)Michael and Betsy BermanEdward and Cheryln ChinAndrew and Heidi CottonJoseph and Susan EandiJeffrey and Beth GellesJoe and Annette GoodwineDennis and Kristina IsraelskiRajil Kapoor and Lydia AlexanderCameron and Elizabeth KeyhaniBrad and Regina Lewis

Steven and Vanessa Lo (Genentech)Bryant and Patricia Macy (Visa, Inc.)Robert Massoudi and Heather Gates-MassoudiBrett and Jennifer NissenbergPaul Rosenblum and Beth SpringerErich SengelmannEdward and Sally Screven (Oracle)William and Christa ShafferTyler and Michele SloatJohn and Hilary Somorjai (Salesforce)

BenefactorsSteven and Sheri BastaRay and Nicole CampbellBrian and Beth Dowd (Google)Sam and Mary FolsomDaniel and Dora Nathanson (Welss Fargo Bank)Jonathan and Lexi SlavetPaul and Susanne Vagadori

Leadership ClubAnonymousTed Apple and Susan FarisJean BarbagelataEric and Mary BeattieNathan and Colleen Berube (Adobe)

Grant and Caroline Bowers (Franklin Templeton Investments)Robert and Karen BrodersenAmit and Roberta ChopraDouglas and Stephanie Chu (New York Stock Exchange) (Kaiser Permanente)Vincent Chung and Rosanna Lee (TIBCO Software Inc.)Mitchell Cone and Michelle KoskellaMark and Janae CorleyLance and Judy CowellPatrick and Erin CrockerChris and Sue DoellJakob and Rebecca DupontSteve and Wendy EhrlichDaron and Laurel EvansAndrew and Roberta FangSam and Lorena FerdowsMason and Julie FordRandy and Karen GriggiWiley and Suzanne HodgesStephen and Saloni Howard-SarinMichael Hung and Brenda ChuMichael and Priya HuskinsRobert and Andrea IrvinYung-Hsiang Kao and Mei-Lan Liu (Genentech)Kourosh and Parisa KhosraviCome Lague and Charlene Li

List of Donors to the Annual Fund

Peter Langner and Gabriele Schaefer (Applied Materials) (Genentech)Andrew and Julie LevMark and Margaret MaMark and Sandra MooreStephen and Amy ObanaLuke and Laurie Kowalski (Oracle)Stephan and Vanessa KyleMichael and Danielle LawrenceAlbert Liong and Lena LeeSajjad and Ayesha MasudSteven Nightingale and Lucy BlakeBrian Nimni and Annette Salinger (Kaiser Permanente)Cornelius Olcott and Allison MnookinGerard and Carol PereiraRobert and Carrie Rice (Genentech)Damon and Nkia RichardsonRalph and Kelene RichartMark and Ariela St. Pierre Andrew and Taryn SuttonEric Temple and Garry SchermannHelen Texido Chad and Cathleen ThomasBill and Claire ThompsonBen Tsutaoka and Stacey Fung (Genentech)Kurt and Elizabeth Von Emster Zhi Wang and Xiao Lin ChenSteve Wei and Wendy Liau (Wells Fargo Bank)Eric and Amy WeissDavid and Susan WoodhouseDavid and Fan Zhang (Genentech)

AssociatesAnonymousDavid and Kimberly BottomsEdgar and Hilary Coral

(Franklin Templeton Investments)Ben Coughlin and Anne LuetkemeyerJames and Kristen CowanRobert and Elisha FinneyTerry and Sharon FotreTimothy and Julie GregoryAaron and Ida GruberMark Jaremko and Joanne QuanTom and Edwina JohnsonTK Lakshman and Celsina BignoliDouglas and Tracy LaneThomas Li and Lu ChangSue Lim (Gap Foundation)Pehr and Carolyn LuedtkeDaryl Luey and Maxine TseSteve and Patty MayerChristopher Misner and Crystal HaylingChristopher and Julene MontgomeryKamran Nasser and Marjan Yazdanian (Wells Fargo Bank)Thomas Needham and Sheryl CardRamesh Raman and Sajana SagarChristian Schin and Tamara TompkinsCharles and GraceAnn Stewart

Scott Sutherland and Lesley GoldJames Szewczak and Pam PadillaBill and Nancy ThompsonPak Tse and Renee YihWilliam and Nancy Turner FoundationMichael and Ashley VanderleyPeter WangSteve Wei and Wendy Liau (Wells Fargo Bank)Kevin and Amanda WelshHal and Carla White

PatronsAnonymousAnonymousJohnnie and Melissa BakerJay and Norleen BoundsBradley and Helen CarrisCurtis Chen and Piming LaiMichael Clark and Brenda BachechiEdgar and Hilary CoralStephane and Danielle DuboisPatrick Fellowes and Sherrie ChowNello and Karen FrancoPeter and Linda Gardner Paul Hesse and Louellen Test Craig and Deborah HoffmanIrvin and Kathy HolmesMichael and Maria JohnsonRobert Sims and Roberta KamadaMonroe and Ashi Labouisse

List of Donors continued

Adam and Marla LevyCissy LewisLynn and Regina McClellanIsaac and Lucy MejiaDavid MillettSunil and Ulka MohanSally MouzonJabari and Maryam NortonRichard and Toni PatersonDoug and Claudia RenertJoerg and Angela RohdeRichard Ruch and Karen HyunChris and Meaghan SchaeferSuzanne SengelmannWilliam and Joanne SilverJeffrey and Dalia StoddardGregory and Gail ThomasKevin ThompsonAdrian and Cindy VogtNizam and Emette Walter(McAfee Inc.)Jim Fowler and Holly WiebeJohn and Elizabeth YuChristopher and Fatima Zang

SponsorsAnonymousRocco and Laura DiGioacchinoNicholas and Jeffie FeakinsBoris and Marina GellerDonald and Lori GilesJeffrey and Leslie GreenMark and Laura GschwindJim and Jane HaughTimothy Johnson and Jennifer MartinSteven Lacy and Deborah ThomasRaymond and Mia LocsinPatrick Louie and Yanhong ChenLaura McGrewTom and Shelley PavelaJames and Marci RileyTony Stayner and Beth CrossRobert and Allaire WarnerLee and Doris ZaneJanet Zablock(Visa, Inc.)

FriendsAnonymousZita AgazziVirender and Rachna AhujaBetty AngellKathy AngellAnonymousAnonymousAnonymousSherry AnoushKenneth and Felicia AronMani and Nooshin Azimi(Intel Corporation)Bob and Doris BarbagelataRachel BaumAndre and Roslyn BenjaminMark BevanIlya and Anna BeyerDonald and Sharon BloomAudra CarliKoshih and Yieling ChenVictor and Yuk ChungLiz ConsidineChristopher and Natalie CookCraig CoraggioJason and Rosalinda CruzSarah DasStephen and Alicia DassoJennifer de SousaBarney DesrochesRaymond DifleyKevin Corkery and Ann Dingerson

Joan DonarMelissa DuboisSean and Linda DugoniMichael and Lisa FowlerMark Frappier and Suzane Juptner-FrappierFrank and Alberta FreitasDana GoldbergOscar and Noelia GonzalezKarin GruberAlex and Michelle GulloAnne HarmanSara HoeckerTasha Hudick and Daniel MartinezChristos and Mina KatsisCharles KayKam and Monique KomeyliDouglas and Amy LampsonJessica LawsonRocky and Amy LeeDavid Leung and Daisy HsiaoHelen Cole LewStephen and Vibeke LibbyJohn and Kari LoeserChris and Helen LohEddie MadrilMele and Penisimani MapaKarena and Rosfur MartinLisa MartinKevin and Patricia McBride Michael and Sisilia MeredithCarol MillerCuong Nguyen

List of Donors continued

John and Toni NortonOllie and Bonnie NuttChristopher and Carol OwenDon and Joyce Perlick Erin PowersRichard and Keely ReynoldsAdolfo and Veronica RiedelAmelia RowlandTom and Lori SolorzanoAnthony and Gwendy ScampaviaLauren ScampaviaChristine SebastianRobert SimpsonGabor and Judith SomorjaiAnn SonnenbergPaul and Melissa SteinRalph and Claudette SteinhauerWarrick and Fiona TaylorJamie TrierweilerStella TseDonald and Jo Ann TyreDelfina VorisJennifer WallenJeffrey and Ellen WangMichele and John Zirelli

Grandparents/Extended Family CircleBob and Doris BarbagelataLofty and Laila BastaRichard Bush and Patricia McGuiganKoshih and Yieling ChenVictor and Yuk ChungFrank and Alberta Freitas

Karin GruberJim and Jane HaughSara HoeckerTom and Edwina JohnsonRocky and Amy LeeSue LimMele and Penisimani MapaKevin and Patricia McBrideLaura McGrewDavid MillettJohn and Toni NortonOllie and Bonnie NuttDon and Joyce PerlickGabor and Judith SomorjaiAnn SonnenbergRalph and Claudette SteinhauerH.M. TexidoBill and Nancy ThompsonStella TseDonald and Jo Ann TyreWilliam and Nancy Turner FoundationRobert and Allaire WarnerJanet Zablock Alumni and Alumni ParentsKenneth and Felicia AronMani and Nooshin AzimiJohnnie and Melissa BakerKevin Corkery and Ann DingersonNicholas and Jeffie FeakinsRobert and Elisha FinneyMichael and Lisa FowlerMark Frappier and Suzane Juptner-FrappierOscar and Noelia GonzalezPaul Hesse and Louellen Test Craig and Deborah HoffmanChristos and Mina KatsisCharles KayKam and Monique KomeyliSteven Lacy and Deborah ThomasStephen and Vibeke LibbyChris and Helen LohSteve and Patty MayerChristopher and Carol OwenRichard and Toni Paterson

Tom and Shelley PavelaAnthony and Gwendy ScampaviaLauren ScampaviaRobert Sims and Roberta KamadaTom and Lori SolorzanoTony Stayner and Beth CrossJohn and Elizabeth Yu CorporationsAdobeApplied MaterialsFranklin Templeton InvestmentsGap FoundationGenentechGoogleIntel CorporationKaiser PermanenteNew York Stock ExchangeOracleMcAfee Inc.SalesforceTPG CapitalTIBCO Software Inc.Visa, Inc.Wells Fargo Bank

Faculty, Staff and AdministrationZita AgazziBetty AngellKathy AngellSherry AnoushRachel BaumAndre and Roslyn BenjaminMark BevanDonald and Sharon BloomAudra CarliLiz ConsidineCraig CoraggioSarah DasJennifer de SousaBarney DesrochesRaymond DifleyJoan DonarMelissa DuboisSean and Linda DugoniMichael and Lisa Fowler

List of Donors continued

Please note: Every effort has been made to avoid errors, misspellings, and omissions. If, however, your name was in some wasy listed incorrectly or omitted, please accept our sincere apology and notify the Advancement Office so that we can correct our records. Thank you.

Dana GoldbergAlex and Michelle GulloAnne HarmanDavid Leung and Daisy HsiaoTasha Hudick and Daniel MartinezJessica LawsonHelen Cole LewJohn and Kari LoeserEddie MadrilKarena and Rosfur MartinCarol MillerCuong NguyenAnonymousErin PowersAdolfo and Veronica RiedelAmelia RowlandChristine SebastianGarry Schermann and Eric Temple Jamie TrierweilerDelfina VorisJennifer WallenJeffrey and Ellen WangMichele and John Zirelli

List of Donors continued

Giving Levels

Level Amount Platinum Circle $10,000+ Gold Circle $8,000-$9,999 Silver Circle $5,000-$7,999 The 1928 Society $3,500-$4,999 Benefactors $2,500-$3,499 Leadership Club $1,500-$2,499 Associates $1,000-$1,499 Patrons $500-$999 Sponsors $250-$499 Friends $1-$249

Thank You!

Mission Statement and Commitment

Our MissionTo inspire in our students a life-long love of learning and the pursuit of excellence within a diverse community that nurtures a deep sense of

kindness, respect for others and personal responsibility.

Our CommitmentTo offer a challenging core educational program based on the academic

fundamentals of reading, language arts and math

To provide all students with an enriched and balanced education through special studies in music, art, Spanish, French, science, technology, physical

education and library studies

To promote the values of kindness, integrity, tolerance and respect for people

To create an environment where childhood is celebrated and students are enthusiastic about learning

To respect and celebrate the diversity of people that enriches both our strong Carey community and society at large

The Carey SchoolOne Carey School Lane, San Mateo, CA 94403-1299

Telephone 650.345.8205 Fax 650.345.2528 www.careyschool.org