The St. James School Education Foundation reached three milestones in 2014: reaching $1.5 million in assets, operating for a decade, and expanding its executive board. The foundation used its assets to provide $80,000 for educational programs, buy laptops for 8th graders, and sponsor a robotics program and speaker. It plays a vital role in supporting St. James School and ensuring Catholic education continues in the parish.

1. 2014

2. We, members of the St. James School Education Foundation, believe firmly in the profound role of Catholic education in helping us fulfill our parental obligation of forming children who follow Jesus Christ. We recognize that Catholic education has been a special gift for the Church in the United States, but in the last fifty years it has been threatened financially, as demonstrated by closings of elementary and secondary schools throughout the country. St. James School Education Foundation was founded to secure the future of Catholic education in St. James parish, ensuring that primary education, enlivened by our religious faith, will be passed on to coming generations.
Building on the current success of St. James School, we strive to provide for its financial security.
As part of ensuring the future of SJS, we recognize the need to invest annually in the school. Mindful that the school’s faculty is its primary strength, we support the school budget at a level that facilitates just compensation for faculty.
The SJS programs and projects that SJSEF funds are designed to enhance the education of all SJS students.

3. St. James School Education Foundation (SJSEF) passed three milestones this year. One was reaching $1.5 million in assets. Our assets have allowed us to make significant contributions to the school over the last five years, including the following during the last fiscal year.
 $80,000 for educational enrichment programs (see the graphs on the following pages)
 $22,630 for the purchase of 8th grade laptop computers
 Sponsored a hands-on robotics program for all students
 Sponsored a speaker on credit protection for parents
Clearly, the Foundation assets allow us to serve dual purposes: (1) providing current educational program support that benefits all St. James students, as well as (2) ensuring the future of a very high quality Catholic education in St. James Parish.
Our second milestone was a decade of operations. When the SJSEF founders began this organization ten years ago, they did so to ensure that St. James School would continue thriving into the future. Since then, SJSEF has grown in supporters, assets, and service to the St. James community.
Our third milestone is two advances in organizational maturity. Last year we doubled the size of the Executive Board and sought a wider variety of experience and leadership – educational, business, civic, finance, and church. Also, two of the Executive Board members, Mark Sur and Lynn Busia, have recently formed the 2020 Foundation Council that will develop a vision for education at St. James in 2020.
These milestones mark progress in the life of SJSEF, but the true success of the Foundation is seen in the vibrant participation of SJS parents and other parish and community benefactors. In addition to supporting the mission of SJSEF financially, many of our participants contribute their talent and time through the work of the SJSEF boards and committees.
Today, the Foundation plays a vital role in the St. James Church and School community, one that complements the Parent Association in supporting the Principal and School faculty as they continue to make St. James a truly great Catholic elementary school.
We wish to thank all of you who have helped SJSEF grow. Your financial support really DOES make a difference. The School community will remember all of our benefactors in their prayers. Please remember all the benefactors of St. James Church and School communities in your prayers.
Gratefully yours,
Dan Houston, Ph.D.
EXECUTIVE BOARD
Lynn Busia
Philip De Souza
Stella Desjardins
Mary Hellen Diarte
Dan Houston
Msgr. Mike Meyers
Cindy Scotto
Mark Sur

4. 12 month periods ending June 30, 2013 & 2014
2013
2014
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2013
2014
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5. 5%
Art
17%
Field Trips & P.E.
44%
Spanish
8%
Science
26%
Music
12 month periods ending June 30, 2013 & 2014
$120,711
Individuals & Corporations
$40,951
Investments & Interest
33%
Spanish
6%
Science
16%
Field Trips & P.E.
4%
Art
20%
Music
21%
Technology
$86,707
Investments & Interest
$114,243
Individuals & Corporations

6. June 30, 2013 & 2014

7. Doubleline Total Return Bond Fun
Hussman Total Return Strategic Fund
Vanguard Short Term Investment Grade Bond Fund
First Pacific Crescent Fund
Hussman Strategic Growth Fund
T.Rowe Price Equity Income Fund
Templeton Global Bond Fund
June 30, 2013
June 30, 2014
Doubleline Total Return Bond Fund
Hussman Total Return Strategic Fund
Vanguard Short Term Investment Grade Bond Fund
First Pacific Crescent Fund
Hussman Strategic Growth Fund
T.Rowe Price Equity Income Fund
Templeton Global Bond Fund
8%
8%
6%
21%
23%
25%
9%
25%
21%
7%
9%
5%
10%
23%

8. Exempt Status
St. James School Education Foundation is classified by the Internal Revenue Service as a public charity described in section 509(a)(1) and 170(b)(1)(A)(vi) of the Internal Revenue Code and is exempt from taxation under section 501(c)(3) of the Internal Revenue Code.
Federal Identification Number
20-0992929
Mailing Address
St James School Education Foundation
4625 Garnet St
Torrance, CA 90503
Telephone Number
310-371-0416
Website
www.sjsef.org
Donations
Donations can be directed to the Foundation’s mailing address or be made through PayPal by visiting the Foundation’s Website.