BY THE NUMBERS

Loyalty & Leadership

The Hive is blessed with a diversity of donors who place their full faith in our School and mission. It is the loyalty and leadership of alumni, parents, friends, trustees, corporations and foundations that makes the unattainable attainable for nearly 1,000 Gray Bees from in and around Newark each year. Thank you for your belief in St. Benedict’s Prep. 

 

---

$12.9 million

raised from 3,206 donors to support day-to-day operations, fund new initiatives and invest in the future.

---

 

Growing Our Endowment

Forever Benedict’s raised more than $108 million and helped double the School’s endowment from $18 million to $36 million. Growing the endowment further remains a top priority because these permanent funds provide enduring financial stability. Donors derive great satisfaction from endowed giving because the principal of the gift remains intact and the returns generated impact generations to come.

The Advancement Team works closely with donors to tailor endowed giving to philanthropic priorities and goals.

To learn more, contact Chief Advancement Officer Mike Fazio at mfazio@sbp.org.

 

 

---

 

Impact of Support

$6 million in financial assistance awarded to St. Benedict’s Prep students in FY22.

23,976 square feet of additional space secured! The Elementary Division has a new home at Livingston Street, which accommodates enrollment growth in Grades K–6.

350+ Gray Bees engaged in the WAC (Water Adversity Challenge) and WILD (Wilderness Inspired Leadership Development) expedition, which expanded leadership training for UDIs and UDIIs in Summer Phase.

 

---

HOW WE STARTED…HOW IT’S GOING

Alumni participation to the Annual Fund matters because it signifies that the people who benefited from St. Benedict’s Prep believe in the institution and support it financially. Gray Bee graduates raised the rate of participation six percentage points in the last six years. It’s an impressive feat, one we need to keep improving upon. Our goal is to attain a 38% alumni participation rate by June 30, 2023. Every gift, at any size, will help us reach this goal.

31% FY16

32% FY17

33% FY18

34% FY19

35% FY20

36% FY21

37% FY22

38% FY23 Goal