2020 Annual Report

 

President's Message

 

Dear Brown Deer Community,

On behalf of the Board of Directors of the Education Foundation of Brown Deer, I am pleased to present our sixth Annual Report.  We launched the Foundation in 2014 as a 501(c)(3) charity organization.

Our mission is to enhance educational opportunities for students, families and staff of the School District of Brown Deer.

We are independent of, but work closely with the School District, to accelerate student learning, support the professional growth of our teachers and staff, facilitate community/school partnerships, and continue a scholarship program for BDHS graduates.

The funds we raise stay here in Brown Deer and directly benefit our children.  Over 90% of our expenses were used to fund programs in the areas of early childhood literacy and career exploration and career readiness, provide grants to teachers and staff, and award college scholarships. It is our goal in the upcoming year and beyond to continue this commitment to our children.  Together we truly can make a difference!

Thank you for making our sixth year a very successful one.  We are grateful for your continued support.

Barb Fleming, Board President

Program Expenditures

Our focus is to support the work of the Brown Deer School District by awarding grants to enhance educational opportunities for our students, award college scholarships to deserving graduates of Brown Deer High School, purchasing and distributing books, and engaging in a variety of activities that meet a need, remove an obstacle, fuel personal effort, or support teacher innovation.

Over $70,000 was disbursed to support the education of the students of the Brown Deer School District in 2019-2020.

Program Expenditures:  
Educational Opportunity Grants by Area:  
College & Career Readiness $    8,687
Humanities 1,050
Literacy 10,593
Science, Math & Technical Education 9,281
Student Services 2,682
Total Educational Opportunity Grants   $ 32,223
Scholarships:  
Brown Deer Community Scholarships (17)  $  25,500
Novak Scholarship 5,000
STRV365365 Scholarships (3) 4,500
Zach Schimenz Music Scholarship 2,000
Apprenticeship Scholarship (AASA)  1,000
NS Girls Youth Basketball League Scholarship 1,000
Total Scholarships  39,000
Total Program Expenditures          $ 71,233

 
 

Financial Summary
Statement of Activities – Year Ended June 30, 2020   
Donations and Other Income  $  70,726
Less Expenses:  
Program Expenditures 71,233
Administrative Expenses (1) 6,994
Total Expenses 78,228
Excess (Deficit) for the Year (7,502)
Change in Net Assets:  
Total Assets, 6/30/19 $113,586
Excess (Deficit) for the Year (7,502)
Other  Changes in Net Assets 2,661
Total Assets, 6/30/20 (2) $ 108,745

Notes:

(1)  Over 90% of our expenses were program-related expenditures: educational opportunity grants and scholarships benefitting District students. Less than 10% were administrative expenses. The Education Foundation is an all volunteer organization.

(2) Includes scholarship endowment fund of $70,189 plus pledges receivable and other assets.

 

8200 N. 60th Street

Brown Deer, WI 53223

414-371-6758   *   www.efbd.org

[email protected]

 

 

 

Please consider supporting our work with a gift in any amount.

The Education Foundation of Brown Deer is a 501(c)(3) non-profit organization.

 

 

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