Nardin Today Winter 2020-2021

27 Nardin Today President's Report 2019-2020 The Nardin Fund $867,490 Capital Projects $1,211,180 Endowment $531,483 Other/Restricted $980 OPERATING BUDGET Income Expenses Tuition and student fees = 77% YOUR GIFTS = 15% NYS mandated aid = 2% Auxiliary = 6% Program services = 77% Fundraising = 6% General, admin., auxiliary = 4% Facilities = 13% TOTAL $2,611,133 2019-2020 President’s Report ADVANCEMENT SUMMARY 2020 ushered in unexpected challenges and trying times, which were faced by people around the world. Nardin was fortunate to have held its annual Fortune Gala, but sadly had to cancel events such as the 24-Hour Alumni Challenge, Golfing for Gators, and Reunion. This resulted in an 11% drop in annual giving. We are proud to consistently grow our annual fund each year, and we recognize that this deficit occurred for obvious reasons, and that we need your support now more than ever.