2007 2008annualreport

International School of Paris

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Dear ISP Community,

I am delighted to invite you to read this Annual Report for the fiscal year2007-08. In it you will find a review of the year’s financial results.

The academic year 2007-08 began with more space for both the Primaryand Secondary Schools as grades 4 and 5 moved back to Rue du Ranelagh,enabling us to unite the Primary School again with Nursery-Grade 5 at thesame campus. Secondary School in turn gained four classrooms andadditional extra space that had been used for subjects such as the arts.The School also improved spaces by renovating the Drama room andscience labs in the Secondary School and the art room and play space atthe Primary School.

Academically, ISP acted on the “Matters to be Addressed” that arose fromthe PYP and MYP evaluation visits which have improved the programs andtheir delivery to the children. The IB Diploma results were also somethingto be proud of with a pass rate of 95% and a status of one of the topschools in the world for Bilingual diplomas, a particularly challenging thingto accomplish. The School’s strategic plan, and the various actioncommittees that have resulted from it, are evolving nicely with staff,parents and Trustees who have given much of their time towards schoolimprovement. We take seriously our partnership with all of ISP’sstakeholders. You enrich the School with your generous support, asvolunteers, and through financial donations. The fiscal year 2007-08brought in € 248,000 in donations, which have allowed us to end the yearpositively when a loss was budgeted.

I would like to take this opportunity to thank, recognize and honor thenumerous individuals, foundations, and corporations who have given oftheir time, money and effort to help ISP realize its goals and advance itsmission. Finally, I would like to acknowledge our faculty and staff whoseefforts every day bring vitality and substance to our IB curriculum.

We are very proud of what we have accomplished together, and mostexcited about our future.

Audrey PeverelliInterim Head

Dear ISP Community,

In accordance with French law and our own by-laws, I am pleasedto provide you with a summary of the financial statements for thefiscal year from 1 September 2007 to 31 August 2008.

Total revenue amounted to € 14,031,905.68 with revenuegenerated from tuition fees at € 13,615,433.

Total operating expenses was € 14,364,194.42 with salaries andcharges amounting to € 9,110,887.05. Depreciation andexpenses for premises rose significantly, reflecting the acquisitionof a new building. Building acquisition costs are non-recurring.

Operating income totaled € 99,837.80.

The school’s strategic decision to purchase the 98 Ranelagh buildingproved to be successful as the Primary School and the School asa whole grew this year, achieving its forecast enrollment figures.The 2007-08 net result is € 143,112, an increase of 29%compared to the previous year. The forecast 2007-08 budget had

anticipated a deficit due to the property acquisition, but anexceptional level of fund raising and donations, reaching€ 233,831.79, coupled with slightly higher enrollment figures andcontinued prudent cost management, allowed the school to posta positive result ahead of schedule.

The net result for the fiscal year ended August 31, 2008 of€ 143,112.57 is allocated as follows: € 46,870.14 to endowmentfunds and € 96,242.43 to reserve funds.

Tota l reser ves , inc luding endowment funds, is now€ 3,561,247.07.

The current global financial crisis and economic recession haveled us to adjust our forecasts and to extend our risk analysis.While costs have not been cut, new expenditure programs arebeing carefully monitored. The school’s strong balance sheet andcontinued prudent financial management allows us some comfortas we enter harder times to ensure the financial security of theAssociation in the coming year.

2007 - 2008

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Susanna WorthingtonBoard Treasurer

(extract from the rapport de gestion)

How the money comes in...

2007-2008FinancialReport

Where the money goes

RevenueTuition Fees 13 615 433,00Financial Revenues 293 821,09Donations 233 831,79Bus 144 550,00Holiday Language Program 102 004,23Other Revolving 117 666,88Total Revenue 14 507 306,99

ExpensesSalaries & Charges 9 110 887,05Premises 2 400 909,41Depreciation 694 253,78Prof. Development 209 397,76School Trips 231 787,28Educational Expenses 457 494,57Indirect Expenses 890 505,64Bus 228 164,00Holiday Language Program 114 365,33Other Revolving 26 429,60Total Expenses 14 364 194,42

93% Tuition fees2% Financial revenues2% Donations1% Bus1% Holiday language program1% Other revolving

63% Salaries & Charges17% Premises5% Depreciation1% Prof. development2% School trips3% Educational expenses6% Indirect expenses2% Bus1% Holiday language program0% Other revolving

TTRREEAASSUURREERR’’SS RREEPPOORRTT

A school’s endowment is its savings account. A healthyendowment ensures that funds will be available shouldthere be an urgent need in the future. Generally, anendowment is divided into three parts:

• Professional Development for the Faculty(Gareth F. Jones Fund)

• Financial assistance and scholarships• Buildings & maintenance.

To date, the endowment at ISP is € 46,870.14.This fund, begun in 2006, is invested in an interestbearing account and will continue to grow throughfuture donations.

We are grateful to the following donors who havegenerously supported the school’s endowment initiative:

Mr. Philip AuerbachMr. Rolf GrenMrs. Patricia HayotMr. and Mrs. Paul KimballMr. William LangfordMr. and Mrs. Allan McNicholMr. and Mrs. Denis MetzgerMr. and Mrs. Charles MoyerMr. Floyd Norris & Ms. Chris BockelmannMr. & Mrs. Beau SegalMr. & Mrs. David Sherman Mr. Christopher SmeetsMs. Sara Taylor ‘94

TTHHEE EENNDDOOWWMMEENNTT AATT IISSPP

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Donations to ISPIndividual DonorsMr. & Mrs. Brian AinsworthMrs. Marie Claude BacheletMs. Anne BagameryMr. & Mrs. Habib BenamorMr. & Mrs. Marc ChayetteDaniel & Suzanne CohenJim & Janet CummingMrs. Miwa de BourbonMrs. Josephine DuvalMr. & Mrs. Lars EbbesenMr. & Mrs. John FernandesMr. Oscar Forsberg '90Mr. & Mrs. Walter FranklandMr.& Mrs. Sergey FunyginMr. & Mrs. David FurbyDr. Jonathan Gage & Ms. Janet PatysMr. Rolf GrenMrs. Morgan Hanzlik '91Mrs. Patricia T. HayotDr. Ira Heilveil

& Dr.Marsha McKeon HeilveilMr. James Hertling

& Mrs. Sarah TowleMr. & Mrs. William HoranMr. & Mrs. Marc InchMr. & Mrs. Richard JensenMrs. Freida KanimeMr. Han-Chul Kim

& Mrs. Hye-Jung NamMr. & Mrs. Paul KimballMr. Omar Kodmani '85Mr. & Mrs. Thomas KunzMr. Bill LangfordMr. & Mrs. Donald LawrenceMrs. Anne LechartierMs. Sophia Mann '04Mr. Anthony Masters'97Mr. & Mrs. Jean-Yves Le MenerMr. & Mrs. Allan McNicholMr. & Mrs. Denis MetzgerMr. & Mrs. Charles MoyerMs. Alexandra Levenson-Wahl '04Mr. Floyd Norris

& Ms. Chris BockelmannMr. & Mrs. Hitoshi OndaMr. & Mrs. Jay PlattM. Jean RabyMrs. Michele RaveryMr. & Mrs. Beau SegalMr. Igor Schlumberger

Mr. & Mrs. David ShermanMrs. Fatima SidikouMr. Christopher SmeetsMs. Adrienne Stillman '04Mr. & Mrs. James SwayzeeMr. & Mrs. Matthew SweeneyMr. Yuji Suzuki '03Ms. Sara Taylor '94Mr. Nicholas Van Vactor '97Mr. & Mrs. Jean Peter WallgrenMr. & Mrs. Philip WebberMr. & Mrs. Matthew WegrzynowiczMr. & Mrs. John Worthington

Corporations ABBOTT Laboratories EuropeS.A. Telerad

Foundations and TrustsGoldman Sachs Gives FoundationThe New York Times Foundation

The Gareth F. JonesEndowmentFund for ProfessionalDevelopmentMr. Rolf GrenMrs. Patricia T. HayotMr. & Mrs. Paul KimballMr. Bill LangfordMr. & Mrs. Denis MetzgerMrs. & Mrs. Beau SegalMs. Sara Taylor '94Mr. Nicholas Van Vactor '97Mr. & Mrs. David ShermanMr. Christopher Smeets

It is with much gratitude that the Board of Trustees, Faculty, Staff and Students of ISP wish to thankthe following donors for their generous contributions to the School. Significant and meaningfulchanges took place on both the Ranelagh and Beethoven campuses due to these donations.The donors below reflect all gifts received between September 1, 2007 and August 31, 2008.

All attempts have been made toensure the accuracy of this report.

We apologize for any mistakesor omissions.

Please contact Carrie Levenson-Wahlclevenson@isparis.edu for any

changes, additions, or corrections.

Total Donationsin 2007-2008

64% Individual Donations24% Gala Auction12% Endowment

2007 - 2008

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Galaauction 2008Individual DonorsMr. & Mrs. Brian AinsworthMr. Pedro AlvarezMr. & Mrs. Yiouri AugoustiMr. John Ayers & Ms. Judi MinterMme Marie Claude BacheletMs. Anne BagameryMr. & Mrs. Andrew BilesMrs. BotchweyMr. & Mrs. Daniel CohenLinda CroftonMs. Helena CizkovaMr. & Mrs. Jim CummingMme Sophie deLigneDianne DellederaMr. Manuel de VasconcelosMr. & Mrs. EbbesenMrs. Anabela FismanMr. & Mrs. Malcom FraserMr. & Mrs. David FurbyMr. & Mrs. Leonard GionetMrs. Michelle GoddardMr. & Mrs. HutsonMrs. F. KanimeMr. & Mrs. KongMrs. Kathryn FrankMrs. Young Ae KimMr. & Mrs. Thomas KunzMr. & Mrs. Joshua LatnerMr. & Mrs. Donald LawrenceMs. Marcia LebreMs. Anne LechartierM Jean-Yves LeMenerMrs. Grace LeoMs. Monica LoebMr. & Mrs. Ranjan MathaiMr. & Mrs. Allan McNicholBrennan McNicholMr. & Mrs. Charles MoyerMrs. Miwa Murase de BourbonMr. NishiyamaMr. Eichi OdakaMr. & Mrs. Hitoshi OndaMr. Roman PolanskiM. Pierre PoupelM Jean RabyMr. & Mrs. Stefano ScarpettaMr. & Mrs. Michael SternMr. Shin SuzawaMr. & Mrs. Matthew SweeneyMrs. Lucy Taylor-Gill

Craig & Dondi TillotsonMr. Martin TownsendMr. Yasuhiro Uchida

Corporate SupportAll Nippon AirwaysBrentano’sDanoneEvian Royal ResortGerber Group LimitedGLA HotelsHotel Prince de GallesLIDOMBKWICE

Auction VolunteersCo-ChairsCharlotte KunzShoshana LombardiMary McNichol

AcquisitionsJanet CummingMichelle GoddardYoung Ae KimHatsue KuboMonica LoebDenise SternMatthew Wegrzynowicz

Catalog & SlideshowDenise Stern

Class BasketsYvonne GionetMaryvonne Sillanpaa

Class ProjectsDianne DellederaSylvie Le JanCatherine Matheson-HacheUna O’NeillJackie Todd-Morel

DecorationsMarlies FurbyCharlotte KunzShoshana LombardiMary McNicholLucy Taylor-Gill

FlowersAnisia AsamiNaoko ChudoTomomi KatayamaHatsue KuboKaoru Wakai

FoodAgnes DucheminPavillon Dauphine

LogisticsFranciszka LawrenceGrade 11 CAS Students

PublicityShoshana Lombardi

TombolaCharlotte KunzFranciszka LawrenceShoshana LombardiMary McNicholYvonne GionetCharlotte KunzHatsue Kubo

Video productionBrennan McNichol

The 2008 Gala Auction was a resounding success, raising over € 60,000 for the school. With close to 200items in the silent and live auctions, a raffle, and many, generous individual donations, the event was one ofthe key reasons that the annual donations to ISP were higher than ever. It is with much appreciation that weacknowledge the following donors and committed volunteers.

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349

1995 1996

1997 1998 1999 2000 2001 2002 2003 2004 2005

2006 2007 200833

0

324 372 394 419

414 435

466 483 526 590 628 681

CanadaArt Institute of VancouverConcordia University (3)McGill UniversityUniversity of Waterloo

United Kingdomand IrelandUniversity College London (U of L)University of DurhamImperial College London (U of L)King’s College London (U of L)Queen Mary, University of London (2)Regent’s Business School, LondonRichmond American International University University of Edinburgh

United StatesBryn Mawr CollegeColumbia UniversityEmory CollegeJohn Hopkins UniversityLoyola Marymount University, Los AngelesMount St Mary’s University, MarylandParsons School of Design, New YorkWake Forest University

EuropeAmerican University of ParisEcole Hôtelière de Lausanne,Switzerland (3)Parsons School of Design, Paris Sciences Po, France

Japan (to date)Tsukuba UniversityKeio UniversityWaseda University International Christian University Sophia UniversityUniversity of the Sacred HeartGakushuin University Chuo UniversityAoyama Gakuin UniversityRitsumeikan UniversityBukkyo University

Korea (to date)Hong Ik University, Seoul Hankuk University of Foreign Studies

Congratulations While there were many more acceptances this year to colleges and universities the world over,this list represents the schools where members of the Class of 2008 have chosen to attend.

to the Class of 2008!

ISP has grown significantlyover the years, with enrollmentmaking a large jump in 2008.Increased interest in theschool’s IB curriculum, thepurchase of 98 Ranelaghwhich added more space,and extraordinary work byour admissions office broughtin a record 248 new students.

Enrollment at ISPMakes a Large Leap

2007 - 2008

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Congratulations Educational Programs Primary School • PYP Action Plan sent to IB addressing

Matters to be Addressed fromEvaluation Report

• Completed Scope and SequenceDocuments published for French(Language B)

• All class teachers using Atlasconsistently and confidently tomap their plans

• Essential Agreements and a DraftAssessment Policy developed

• Staff Profile developed and on-goingstaff profile portfolio implementedon school server

Secondary School• Personal & Social Education Program

(PSE)• Review of Curriculum Balance • Professional development workshop

for entire faculty • MYP Areas of Interaction document• Improvement of physical plant

(DT, Science Labs and Drama Studio)

Staff Salaries andCompensation • External consultant firm (WEAVE)

hired to aid in preparing the review ofsalaries and compensation for all staff

Staff Appraisal • Current appraisal document audited• IB-oriented appraisal document created• New observation sheet created• Electronic version of appraisal

document

Finance • 2008-09 budget• Formulation and introduction

of policies• Regular data analysis on the school • Regular external risk analysis• Defining parameters for non-tuition

income

Facilities • Plans of all facilities produced• Amount of space and cost of space

by various activities listed• Template for analyzing future and

ideal needs of space created

Information Technology • Designed and delivered a school-wide

training program ‘Go for IT!’ with totalstaff buy-in

• Migrated to a consistent PC/Laptopconfiguration, improving performanceand expanding the availability ofmulti-media educational applications

• Clarified roles and responsibilities ofIT staff and established ‘ISP’ serviceculture

Leadership andOrganization • ISP Leader Profile created• Leader Profile disseminated

to parents and staff• Research and design of 360 degree

appraisal of post-holders• Staff job descriptions and roles revised• Revised Staff Handbook published

GovernanceISP Board of Trustees • Trustee elections in June 2007 • Two-day mandatory training for

Trustees• Round #1, ISP Association By-laws

revisions• Communication between Board and

stakeholders widened by:- Instituting open sessions with Staff

and Parents before monthly Boardmeetings;

- Election of two non-voting staffmembers to Board

ISP Strategic PlanThe ISP Strategic Planning process began in February, 2007 and is now moving forward with the ActionPlans. Below is a checklist of each Action Group’s accomplished goals. For more information on theoverall goals, current action and timeline, please see the ISP website (www.isparis.edu) and go to theBoard of Trustees’ News and Events page.

When people ask me about my month in Namibia, I always find myself ata loss for words. Our time in Namibia cannot be captured in a conversation,or PowerPoint, or article; Namibia was an experience which marked us allin ways so profound.

Jacqueline Scott-DouglasGrade 11

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Interim Head Audrey Peverelli - Editors: Carrie Levenson-Wahl, Philip Anderson,Tuija Wallgren - All texts & photos Copyright ISP - Design: Semios

ISP - Secondary School - 6, rue Beethoven - 75016 Paris - Tel: 01 42 24 09 54 - Fax: 01 45 27 15 93ISP - Primary School - 96 bis, rue du Ranelagh - 75016 Paris - Tel: 01 42 24 43 40 - Fax: 01 42 24 69 14www.isparis.edu - Email: info@isparis.edu - admission@isparis.edu

NamibiaRevisitedBy Erika Moyer, Grade 11For the second year in a row, a groupof ISP students and teachers spentthree weeks in the summer of 2008working and learning in Namibia insouthern Africa. The students arenow interested in making “FightingPoverty in Rural Namibia” theirprimary cause over the next severalyears.

As I have spent most of my life inCosta Rica, I know what a developingcountry is like and what help is needed.But Africa, Namibia specifically, wasan entirely different experience.I have been for tunate to haveparticipated in both visits that ISP hasorganized to this country, the first onebeing in July 2007.

Our principal goal for the communityand service trip to Namibia this pastsummer was to contribute and tomake as much a difference in ruralNamibia as we could in three weeks.We started with a visit to theOkabarara High School in a rural areawhere we painted classrooms andtiled floors. At this time we alsowanted to select among the studentsthose who did not have the meansto cover the school costs, and makeit possible for them to finish theirschooling. After examining differentcases, we chose to sponsor Matjua, aseven year old local boy, who wouldcome and spend the day with us.Matjua’s family could not afford topay for the school tuition and neithercould the family of Delicia, a girl at

the same farm as Matjua. We decidedwe would pay for both Matjua andDelicia’s entire schooling. They arenow attending the Step For Childrenprimary school.

However, there was yet anotherproblem. Matjua and Delicia bothlived about 15 kilometers away fromthe school and could not possiblywalk that far every single morning.Since we had some remainingmaterials, we used those and hiredsomeone to build a shelter for bothfamilies. In this way, they will nowlive near the school and won’t have towalk such a distance to receive aneducation. I feel we succeeded inchanging Matjua’s and Delicia’sfuture.

In helping these two youngNamibians we were also helpingou r se l ve s , b y d i s cove r i ng , o rrediscovering, the good feelingthat comes from helping others.

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