Silicon Valley International School experienced a year of successes during the 2023-2024 academic year.
INTL's community of parents, students, faculty, and staff rallied together to make it a great year through school gatherings, volunteering, and fundraising.
INTL's community of parents, students, faculty, and staff rallied together to make it a great year through school gatherings, volunteering, and fundraising.
Annual Fund
team
More than 60 parent and teacher volunteers took on the responsibility of peer-to-peer fundraising in their child’s class. Being an Annual Fund Champion is one of the more challenging volunteering roles, and most rewarding.
supporters
The Annual Fund campaign started September 6, 2023, and finished on June 30, 2024. 441 donors gave to the maximum of their ability.
To see the full campaign and the complete list of donors: http(s)://www.siliconvalleyinternational.org/AF23-24
Soirée du Vin Wine Auction
Each year, Silicon Valley International School hosts Soirée du Vin, a wine auction that brings together the community in support of the Charlotte de Géry Endowment Fund. The 2023 Soirée du Vin welcomed 102 attendees and featured 32 unique auction lots.
To read more about the 18th Annual Soirée du Vin, visit the event blog.
supporters
Thank You for an Amazing Soirée du Vin!
As a whole, Soirée du Vin this year was a great success. This event showcased that INTL has an incredibly tight-knit and well-bonded community that is fervently passionate about two things, wine and education.
A special thank-you goes to the 2023 speakers, Ed Sanders and Christian Pillsbury of Eden Rift Vineyards.
Thank you to everyone for supporting our school and coming to Soirée du Vin, and for those that couldn’t make it, we look forward to seeing you there next year for another magnificent evening!
A special thank-you goes to the 2023 speakers, Ed Sanders and Christian Pillsbury of Eden Rift Vineyards.
Thank you to everyone for supporting our school and coming to Soirée du Vin, and for those that couldn’t make it, we look forward to seeing you there next year for another magnificent evening!
impact
The live auction raised $45,500 for INTL's Charlotte de Géry Endowment Fund which will go towards ensuring that INTL is able to continue its mission of academic excellence indefinitely. On top of that, a gracious $16,000 was raised by the eventgoers for Fund-the-Future.
Annual Gala + Auction
team
The 2024 Annual Gala and Auction's theme was Golden INTL! From a beautiful Aston Martin presented at the entrance to enjoying french fries (one of 007’s favorites) as a late-night snack, everyone was transported to a world of glamour and intrigue.
This year’s Gala could not have happened without the support of our wonderful Gala Chair, Reena Wittig, who took to the stage to highlight the importance of cultivating a globally minded perspective, drawing parallels between James Bond's international adventures and INTL students' journeys as "international secret agents."
As the lively cocktail hour came to a close, guests made their way to their seats to watch a live James Bond themed performance from the school's middle school student "INTL Band" setting the stage for an evening filled with excitement and entertainment.
supporters
Fund-a-Need
One of the final lots of the night was INTL’s Fund-a-Need, a yearly initiative where a specific need is identified within the school. This year's Fund-a-Need raised $140,000 to train our faculty in the use of Artificial Intelligence (AI) as a powerful learning tool used in a responsible way.
impact
With the help of generous donors, bidders, and volunteers, the event raised $260,000, including $140,000 for Fund-a-Need.
Read more in the Gala & Auction blog.
Endowments
team
Albert L.
Anne A.
Tony C.
Cindy F-I.
Jasmin L.
Barbara G.
Patricia C.
Tony C.
Cindy F-I.
Jasmin L.
Barbara G.
Patricia C.
CHARLOTTE DE GÉRY ENDOWMENT FUND
11 Donors this year, $65,599 increase this year
Total Value: $8,473,041 (as of June 30, 2024)
Purpose
Supports Faculty, Technology, and Environmental Programs. Named after our school’s founder, the Charlotte de Géry Endowment Fund is dedicated towards her vision for the bilingual and bicultural student of the 21st century. Contributions to the Charlotte de Géry Endowment Fund are unrestricted funds and are used to build a strong financial foundation for our school.
FINANCIAL AID ENDOWMENT FUND
17 Donors this year. $55,658 increase this year.
Total Value: $651,399 (as of June 30, 2024)
Purpose
Provides financial assistance to families. Financial Aid Endowment will support our Financial Aid pool, which will help families who would otherwise not be able to pay the full cost of their children’s education.
All 8th and 12th grade departing families are asked to give to this fund, in lieu of the Annual Fund.
OPPORTUNITY SCHOLARSHIP FUND
1 Donor this year. $3,350 increase this year.
Total Value: $18,450 (as of June 30, 2024)
Purpose
Provides financial awards to select students who meet stipulated criteria. The Opportunity Scholarship will be awarded to a new student entering INTL’s Early Years Center who would otherwise be financially unable to receive a bilingual education. Once awarded, the Opportunity Scholarship will follow the child through their time at INTL, as long as there is a need. This long-term investment will not only change the life of a student, who would otherwise not have the resources to earn a bilingual education, but also the student’s family, and the INTL community.
Contributions to the Opportunity Scholarship Endowment are restricted funds and are used only for scholarship opportunities for INTL students.
1 Donor this year. $3,350 increase this year.
Total Value: $18,450 (as of June 30, 2024)
Purpose
Provides financial awards to select students who meet stipulated criteria. The Opportunity Scholarship will be awarded to a new student entering INTL’s Early Years Center who would otherwise be financially unable to receive a bilingual education. Once awarded, the Opportunity Scholarship will follow the child through their time at INTL, as long as there is a need. This long-term investment will not only change the life of a student, who would otherwise not have the resources to earn a bilingual education, but also the student’s family, and the INTL community.
Contributions to the Opportunity Scholarship Endowment are restricted funds and are used only for scholarship opportunities for INTL students.
ART ENDOWMENT FUND
2 Donors this year. $3,000 increase this year.
Total Value: $94,615 (as of June 30, 2024)
Purpose
Provides for Visual and Performing Arts. While other schools are cutting their arts programs, we wish to continue to provide our students with the opportunity to look inward and express themselves through creative avenues. Contributions to the Arts Endowment are restricted funds and are used only to enhance the arts education program of INTL students.
ARTHUR B. FRANCIS MEMORIAL SCHOLARSHIP
Total Value: $173,732 (as of June 30, 2024)
Purpose
The Arthur B. Francis Memorial Scholarship Fund was created in loving memory of alumni parent Sabrina H.’s father, Arthur. Sabrina’s family established the scholarship fund in 2013 to assist in the retention of current INTL students from elementary into middle school. Arthur’s belief of cultural immersion continues to live on by supporting one student each year.
ENDOWMENT RELEASE
The Finance Committee of the Board of Directors approved the release of earnings from the School's Endowment Funds supporting the Arts, Financial Aid, and Operations of the School.
The amount released was approximately $404,521.
this year's recipient of the Arthur B. Francis Memorial Scholarship is simone p.
Strategic Growth Initiative
The Strategic Growth Initiative (SGI) is an unrestricted fundraising campaign created to facilitate an increase in cash allowing Silicon Valley International School (INTL) to increase its cash position for future growth initiatives, whether for debt acquisition or facilities improvements.
Board members and a group of select alumni helped raise these funds.
We raised $1,559,887 in 2023-2024.
We raised $1,559,887 in 2023-2024.
Path to Excellence Initiative
Path to Excellence Initiative is unrestricted funds for our Head of School, to use at their discretion for initiatives that propels our school on the path to excellence.
We raised $1,000,000 from 1 anonymous donor in 2023-2024.
We raised $1,000,000 from 1 anonymous donor in 2023-2024.
2024 INTL Alumni Award
Karl Yost is the recipient of the 2024 INTL Alumni Award, honoring alumni who embody the transformative power of INTL’s International Baccalaureate (IB) Programme.
Read more about Karl and how a bilingual education shaped his impressive educational career here.
With Appreciation
Thank you so much to all our wonderful volunteers. Our school volunteers are always there to support INTL — and our school would not be as vibrant without your hard work and kindness.
All the faculty, staff, and students thank you for your dedication, time, and commitment!
All the faculty, staff, and students thank you for your dedication, time, and commitment!
Financial Information*
The School continued to add to its strategic operating reserves by releasing restricted funds from its endowments, from the return of investment earnings, and a from direct contributions to the Strategic Growth Initiative and the Path to Excellence Initiative.
Operating income, largely driven by strategic giving in the 2023-24 year and tempered inflation over the year, exceeded expenses. Program expenses increased in line with expectations and were driven by expenses tied to the educational programs and faculty and staff compensation. Operating income come in well above original expectation for the 2023-24 fiscal year.
Compensation is our largest expense, commanding 73% of the total expenses, followed by our facilities & IT utilizing 15% of our resources. With our mission in mind, we hire the best faculty and staff so we can deliver our rigorous programs; empowering our students to embrace complexity, think critically from multiple perspectives, and demonstrate integrity and sensitivity across cultures.
The 2023-2024 financial statements of Silicon Valley International School were audited by Armanino LLP, independent Certified Public Accountants. Complete financial statements will be available upon request from the school’s Chief Financial Officer, Erik Paxman, once the Board has reviewed and approved the audited financial statements.
Operating income, largely driven by strategic giving in the 2023-24 year and tempered inflation over the year, exceeded expenses. Program expenses increased in line with expectations and were driven by expenses tied to the educational programs and faculty and staff compensation. Operating income come in well above original expectation for the 2023-24 fiscal year.
Compensation is our largest expense, commanding 73% of the total expenses, followed by our facilities & IT utilizing 15% of our resources. With our mission in mind, we hire the best faculty and staff so we can deliver our rigorous programs; empowering our students to embrace complexity, think critically from multiple perspectives, and demonstrate integrity and sensitivity across cultures.
The 2023-2024 financial statements of Silicon Valley International School were audited by Armanino LLP, independent Certified Public Accountants. Complete financial statements will be available upon request from the school’s Chief Financial Officer, Erik Paxman, once the Board has reviewed and approved the audited financial statements.
+1 (650) 251-8500 | school@svintl.org
Cohn Campus (Main): 151 Laura Lane, Palo Alto, CA 94303
Willows Campus: 475 Pope St., Menlo Park, CA 94025
Cohn Campus (Main): 151 Laura Lane, Palo Alto, CA 94303
Willows Campus: 475 Pope St., Menlo Park, CA 94025
Notice of Nondiscriminatory policy as to students
Silicon Valley International School admits students of any race, color, national and ethnic origin rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, national and ethnic origin in administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs.
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