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A group of performers on a brightly lit stage, with colorful lighting and a backdrop of stage equipment, appear to be in the midst of a lively performance.
Donor Impact Report 2024-25

Financials

Annual Pages - Anchors

Operating Budget

Budgeted 2024-25 Revenue

Tuition and Fees: $33,099,010
Annual Fund and other: $2,250,000
Auxiliary Services: $3,785,040
Other Income: $1,344,560
Endowment Funding: $1,209,600


Total Revenues: $41,688,210

Budgeted 2024-25 Expenses

Instruction & Student Services:  $16,704,302
Administrative:  $6,882,588
General Institution:  $1,729,500
Plant Operations:  $6,936,680
Financial Aid & Remission:  $5,844,665
Auxiliary Services:  $3,590,475


Total Expenses: $41,688,210

Investing in Faculty and Innovation

Borders Innovation Grant

Each year, faculty are invited to apply for a Borders Innovation Grant, funded through the Borders Family Endowment for Professional Development established by the Borders family and the Tapestry Foundation. Their investment is driving innovation in the classroom, empowering faculty members like Canon Ellis, computer science instructor, and Troy Lanier P ’23, ’21, electronics and robotics instructor and PIRL Director, to put cutting-edge technology in students’ hands and to develop new courses that prepare Spartans to navigate and lead in a rapidly evolving world.

One such course, AI for Non-Programmers, introduces students to artificial intelligence without requiring coding experience. Students explore how AI systems are built, investigate real-world applications and engage with the ethical and social implications of technology. In a hands-on, project-driven format, AI acts as a collaborator, helping students ideate, prototype and iterate designs. The course culminates in a capstone project where students apply ethical frameworks and co-create AI-enhanced solutions to real-world challenges, fostering confidence, creativity and practical AI literacy across disciplines.

Faculty support is a central priority of Lasting Impact: The Campaign for St. Stephen’s, alongside a new Science and Technology Center that will further expand opportunities for discovery and innovation. Thanks to donors like the Borders family and the Tapestry Foundation, our students are learning from inspired educators today while preparing to lead responsibly in the world of tomorrow.

Commitment to Financial Aid

 

Annual Fund Success and Growth

 

“St. Stephen’s has been the center of our family life since our two daughters started as students in 6th grade. The things our girls have learned, the friendships they’ve made, the values they've developed, the activities they’ve pursued — all of those will be with them for life. We support St. Stephen’s because it is part of our family. We want the school to be the best version of itself, just as we want the same for our kids. Financial support from those who are part of the St. Stephen’s family helps make that happen. We’re proud to help make a great school stay that way for years to come."

– Alex and Bill Furlong P ’25, ’27

Family at St. Stephen's graduation in May 2025

Divider Star Secondary Color

*In an effort to maintain privacy, our donor lists are password-protected. The password was included in the Donor Impact Report email announcement distributed by the School. If you have questions, please contact Sharon Sparlin at 512.327.1213 x158 

Do you have questions about philanthropy at St. Stephen’s?

Contact April Speck-Ewer, Director of Advancement,
at 512.327.1213 x118