Giving

Annual Report 2022-2023

2022-2023 Annual Report

The Bush School is grateful to the 900+ members of our community who give their time, financial support, and talents to benefit the Bush community each year. Gratitude, The Bush School’s Annual Report, is a display of our thanks. The stories below highlight the impact of your generosity. Thank you, we could not do this important work without you!
We invite you to view secure lists of our contributors for the 2022-2023 school year.

Great care has been taken to ensure the accuracy of this report. If we have omitted or misspelled your name, or if you have any name, address or family information changes, please contact the Bush Development Office at development@bush.edu.

2022-2023 Administration & Board of Trustees

List of 2 items.

  • 2022-2023 Board of Trustees

    Executive Committee
    Lisa Carroll, President
    Salone Habibuddin, Vice President
    Atul Bali, Co-Treasurer
    Amy Fernandes, Co-Treasurer
    Karim Lessard ’89, Secretary

    Board Members At Large
    Emily Alhadeff ’94
    Kevin Baker
    Steve Banks ’94
    Maneesh Batra ’90
    Craige Blackmore
    Steven Caplow
    Chris Chickadel ‘93
    Irene Fisher
    Allison Harr
    Geoff Harris
    Patricia Hearn
    Kathy O’Kelley
    Julie Okerstrom
    Daniel Pak
    Ian Sands
    Jennifer Schorsch
    Omar Shahine
    Quentin Streets
    Judi Yates

    Trustee Emerita
    Mary 'Sis' Pease ’41* (deceased) 

    Ex-Officio Board Members
    Percy L. Abram, Ph.D, Head of School
    Urs Koenig, Family Association President

    Faculty Board Representatives
    Catherine Hamblet, Lower School Fourth Grade Teacher; Lower School Chair
    Betsy Wandasiewicz, Middle School Learning Specialist
    Christine Miller, Upper School Math Teacher; Math Department Chair
  • 2022-2023 Senior Leadership Team

    Percy L. Abram, Ph.D. - Head of School
    Leslie David - Executive Assistant to the Head of School
    Ethan Delavan - Director of Technology
    Jo Ito - Athletic Director
    Polly Fredlund - Assistant Head of School for Community Engagement
    Sharon Hurt - Director of Development and Strategic Initiatives
    José Leonor - Middle School Director
    Matthew Lai - Upper School Director
    Sarah Smith - Assistant Head of School for Academics
    Rather Stanton - Chief Finance and Operations Officer
    Aliya Virani - Lower School Director
    Kimberlee Williams - Director of Intercultural Affairs

Fiscal Year Performance

This past year, The Bush School raised a total of $4,519,066 in philanthropic support. This included $1,853,327 in support of annual operations (through the Annual Fund and Celebrate Bush), $68,320 in support of the endowment, and $2,597,419 of gifts and pledges in support of the New Upper School Building and Middle School Center Campus.
 
Total operating revenue for the year was $32,146,000 and came from tuition and fees, philanthropic support, auxiliary income, and income from the Endowment.
 
Total operating expenses for the year were $31,867,000 and included educational programs, compensation, financial aid, maintenance, technology, and fundraising.

The difference between operating revenue and expenses this year resulted in a surplus of $279,000, which the Board of Trustees voted to allocate to the Board designated fund for strategic initiatives.

The Bush Endowment

The endowment is an important part of the school’s overall fiscal year performance. Our donors’ commitment to the endowment supports the school’s vitality and solidifies their legacy with the school. 

The total value of the Bush endowment as of June 30, 2023 was $26,103,472. In the 2022-2023 fiscal year, the Board of Trustees elected to draw approximately 1.6% of the Endowment for a total of $432,000. This year, the Board designated portion of the endowment has expanded to include designated funds that support campus maintenance and technology. These funds were recently invested with Bush’s long term invested funds which explains the additional amount in the Board designated portion of the endowment. They were able to make that decision based on the financial health of the school and the performance of the Endowment over the past three years. 

The Board is watching the performance of the Endowment closely and working with our Fund Managers, Garde Capital, to ensure our long-term investment philosophy will help us weather positive and negative years. Thanks to ongoing support from donors, we continue to feel well positioned for the long term.

Your Annual Fund Gifts in Action

The Bush School is an independent, coeducational day school located in Seattle, WA enrolling 735 students in grades K–12. The mission of The Bush School is to spark in students of diverse backgrounds and talents a passion for learning, accomplishment, and contribution to their communities.

3400 East Harrison Street, Seattle WA 98112 (206) 322-7978
The Bush School does not discriminate in matters of employment, recruitment, admissions, or administration of any of its programs on the basis of race, color, creed, religion, national or ethnic origin, disability, gender, or sexual orientation. In addition, The Bush School does not discriminate in matters of employment on the basis of age or marital status.
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