Finances: Strengths, Challenges, New Initiatives
Highlights from Headmaster’s State of the School Address, October 29, 2007

Additional Links:
State of School Home
Academics: Strengths, Challenges, New Initiatives
Campus: Strengths, Challenges, New Initiatives
Enrollment: Strengths, Challenges, New Initiatives

Ongoing challenges that touch on every aspect of our success are financial in nature.

Strengths
- Highest Annual Fund on record for 2006-07 ($546,000)

- Very positive response to this year’s Annual Fund with a goal of $600,000

- $7.5 million endowment, plus additional $4 million managed on the school’s behalf

Challenges
- Maintaining affordability, ensuring sustainability, improving efficiency

- Increasing non-tuition revenue

Initiatives
- Partnering with St. Francis Hospital to provide a full-time nurse to CCES at no cost to the school

- Partnering with the Greenville Hospital System to provide a trainer, Dan Markovich, to work with all of our athletic teams

- Partnering with the Booster Club to resurface the track in time for the beginning of the season on January 1, 2008

- Improving the budgeting process to include seven meetings of the Finance Committee to assess the financial health of the school and to formulate the budget for next year.

- Hiring Dr. Ron Gregory, a long-time Greenvillian and Christ Church communicant, as the Director of Major and Planned Gifts in order to increase endowment.

- Planning for a major fundraising event in the 2008-09 school year under the initial leadership of Jamie Horowitz, Linda Grandy, and Sally Daniels.

- Creating a Study Group to analyze the cost efficiency of various programs.