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Thank you.

Your support of Hopkins School is instrumental in enabling our faculty and students to innovate, thrive, and meet new challenges head on. Read on to learn more about the impact of your generosity. 

To Our Community Members and Friends,

 

The 2023-2024 school year at Hopkins School was marked by profound reflection and deep gratitude. Drawing on the collective wisdom of our entire community, we embarked on a journey to explore the very essence of Hopkins—identifying our strengths, core values, and the pioneering educational philosophies that have allowed us to flourish for more than three centuries. This introspective process culminated in a forward-looking vision for the future that perpetuates our legacy of academic excellence and reaffirms our commitment to civic responsibility, access, and affordability. The resulting Strategic Plan, Hopeful Youths, Renewing Hopkins’ Promise in the 21st Century, shared with our community in late August 2024, provides a clear and ambitious path forward, charting a course for a vibrant future.

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In this Annual Report, we pause to recognize, honor, and celebrate the many dedicated donors and volunteers who supported us in this essential work. Your partnership remains essential to our ability to offer an enriching educational experience that prepares our students for 21st-century challenges and opportunities. We are deeply grateful for your friendship, commitment, and ongoing support. On behalf of the entire Hopkins School community, thank you.

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Matt Glendinning

Head of School

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A Report from the Treasurer

 

Hopkins finished its 364th academic year in a strong financial position. On June 30, 2024, the school's endowment was $168.3 million, and the endowment draw was $6.24 million.

Hopkins School’s endowment management philosophy is focused on balancing long-term financial sustainability with supporting the institution’s immediate educational mission. The endowment provides a stable, predictable source of income, which helps fund scholarships, faculty salaries, and academic programs. To ensure its longevity, the school follows a disciplined investment strategy aimed at achieving steady growth while managing risk. This involves maintaining a diversified portfolio of assets, including equities, bonds, real estate, and alternative investments.

The Finance & Investment Committee established by the Committee of Trustees, in partnership with School leadership, works with a professional management firm to oversee the endowment's investment and monitor performance on a quarterly basis. The goal is to achieve a rate of return that outpaces inflation and the school's spending rate, ensuring that the endowment grows over time. This careful stewardship allows for predictable budgeting without eroding principal and ensures long-term financial health.

As we set our sights to 2025, we look forward to prudently directing and growing Hopkins' human, financial, and physical capital. The Committee of Trustees is committed to balancing the competing interests of the school's current and future needs. The generosity of the Hopkins community makes this all possible.

Josh Samuelson '91
Treasurer, Hopkins Committee of Trustees

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Financial Overview

2023–2024 OVERVIEW

FACTS & FIGURES

Total Enrollment

Average Class Size

Students Supported by Financial Aid

Tuition per Student

Endowment

Endowment per Student

713

12

179

$50,850

$168.2M

$235.6K

GIVING SUMMARY

Total Gifts & Pledges to All Funds

Gifts & Pledges to Capital & Endowment

Gifts to the Hopkins Fund

$3.84 M

$1.85 M

$1.99 M

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2023 OPERATING BUDGET

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GIFTS TO HOPKINS SCHOOL

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HOPKINS ENDOWMENT

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