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ANNUAL REPORT 2011-2012
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How We Fund Havergal
Havergal Expenditures and Capital Revenues
FOR THE YEAR ENDED JUNE 30, 2012
$
REVENUE SOURCES
84.9%
26,007,900
Tuition and one-time property upkeep payment
2.4%
734,450
Annual Giving and Endowment Fund Income
5.4%
1,642,360
Interest and other revenues
5.6%
1,713,240
Gross revenues from Green & Gold Shop,
Extended Day Program, facilities rentals, food service sales, etc.
1.7%
529,690
Deferred Capital Contributions
100.0%
30,627,640
FOR THE YEAR ENDED JUNE 30, 2012
$
ANNUAL EXPENDITURES
57.9%
16,434,310
Teaching
6.0%
1,695,920
Household and boarding
9.4%
2,670,550
Building and property services
7.6%
2,161,840
General and administrative
4.3%
1,225,730
Communications and advancement
1.7%
494,100
Student assistance program
3.2%
909,960
Auxiliary and retail operations
9.9%
2,807,380
Amortization of capital assets and reserves
100.0%
28,399,790