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Annual Report 2022-23

The 2022-2023 school year marked the sixty-third in our school’s history, and to think of all that has happened over those six decades is indeed incredible.

From a small, mission-driven school on the Christ Church campus downtown to a visionary move to our current campus off of Mauldin Road in the early-1970s to our fully realized position as the leader in independent school education—not merely in Greenville or the Upstate but in all of South Carolina—ours is a story of dedication, adaptation, and inspiration.

There is so much to celebrate as our entire community has grown and matured, and in this report, we once again highlight the academics, arts, athletics, and extracurriculars of the past year which mark the unbroken tradition of excellence of CCES. Our rich history laid the foundation for our present; our present lays the foundation for our future.

We remain fully focused on all the positive things that make us what and who we are today even as we take definitive steps toward making our vision for the future a reality.

With that in mind, I hope you find this report to reflect an appreciation of our CCES spirit, a reminder of what we have in this special place, and (as always) a preview of more good things to come, all made possible by our spirit of power, strength, and hope.

Your unfailing support makes all that we do possible, so as always, thanks to all of you for what you do for CCES

With gratitude,

David Padilla Signature


David Padilla
Head of School

IMPACT

 

Helping sustain and grow CCES ensures the long-term value of our investment in our daughter’s education. She will benefit so much from this experience, and we believe that is worth more than the cost of tuition. We know that any gift we give will be put to good use, and the benefits of our gifts will be multiplied repeatedly across the whole CCES community and beyond.tameka and tondre buck Current Parents

Philanthropy

Current Endowment Initiative*

  • Pledges: $5,681,191
  • Cash Fulfillment to date on pledges noted above: $4,832,678
  • Total draw from endowments: $603,159

*Represents activity between July 1, 2022 - June 30, 2023

Endowment Report

CavFund

Capital Gifts/Restricted Payments & Gifts

THANK YOU

The Booster Club $45,000
CCES Wrestler

Support of the leadership academy for Upper School juniors and Middle School 7th and 8th graders; purchased two new AEDs so all athletic fields are covered; new athletic training room; new power racks for swim program; committed $500,000 over the next five years for the Build for the Future campaign.

The Arts Guild $36,000
Upper School Musical, Grease

Funding for musicians and artists in residence; Special 4th grade arts field trip; Handbell folders, cloth, and foam; printing press for MS art classes; Adobe photoshop subscription design class field trip; Additional visual arts displays for sculpture; Frames for painting and drawing; New concert attire for band, orchestra & choir; Touring shakespeare performance & workshops; Supplies/framing for AP and IB art shows; Visual arts column wraps; Camera for digital media class; Lights for visual arts displays; New bows for chrismon wreaths; Arts faculty appreciation gifts.

Parents Org $9,000

$3,000 retained earnings per division to fund a project of their choosing.

The Alumni Association $5,000
Cavalier 5K Runners

To the Dr. Georgia M. Frothingham Scholarship Endowment for alumni children.

Volunteers

 

Current Financials 2023-24

Without an underpinning of financial health and integrity, CCES could not deliver the excellence to which we are committed in all areas.

Of particular note:

  • A Finance Committee, operating as a working arm of the Board of Trustees, is comprised of eight members and meets four times throughout the year.
  • CCES has no long-term debt as of June 30, 2023.
  • CCES has access to a multi-year credit facilities structure, which allows for suitable borrowing availability to cover annual operational needs, Board of Trustees approved construction projects, and/or capital improvements.
  • CCES has a robust maintenance reserve, which can be used to finance significant maintenance, renewal, or replacement of the school’s plant assets. Maintaining this reserve is critically important to ensuring the long-term financial health of the school.