2 0 1 5 – 2 0 1 6 P I C K E R I N G C O L L E G E

report card

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INTRODUCTION

The 2015-2016 school year wasabout setting the stage for what is to come. Yet, it was no lessremarkable than other years interms of what we achieved.

Academically, it saw the full rolloutand implementation of the GlobalLeadership Program. Now, studentsfrom Junior Kindergarten to Grade12 benefit from its academic rigour, balanced with values-basededucation. We took the time to review all of our curricular, co-curricular and boarding programs so that the necessaryadjustments could be made toensure they align seamlessly withthe Global Leadership Program.

For the first time, the results of our Global Leadership Program became tangible. Anyone who attendedthe Capstone Project, Expression of Self or My Key Idea presentations at the conclusion of the schoolyear can attest to this. Our students are exemplifying the attributes of good leadership and are poisedand ready to make a difference in the world. I could not be more proud.

In terms of our Campus Master Plan, we took the time to rethink and reimagine the Centre forCreativity and Innovation; as we reviewed and retooled our plans, we developed a much more financially-prudent approach. We took great care in developing a Centre for Creativity and Innovationthat will provide our students and teachers with 21st century learning space. This time to reflect hasnot deterred us from moving forward, if anything it has provided us with the drive to ensure we aremaking the right decisions for Pickering College and for our future generations of global leaders. The Board and the Administration continue to stand firmly behind us as we await site plan approval.

We are now on the cusp of a very exciting time in our history, filled with possibility. Pickering Collegewill, as it always has, remain strong and vital, as we boldly move towards the future.

Peter Sturrup, Headmaster

2 2015 – 2016 Pickering College Report Card

STRATEGIC PLAN

2015-2016 Priorities Achieved4 Implement Year 3 of the Global Leadership Program, including Junior and

Middle School programs

4 Achieve Year 2 targets for Light The Way Campaign

Ongoing Priorities4 Complete all plans and applications for Phase 2 of the Campus Master Plan

Priorities for 2016-20174 Implement Year 4 of the Global Leadership Program, JK to Grade 12

4 Secure funding for Phase 2 of the Campus Master Plan

4 Begin construction of Phase 2 of the Campus Master Plan

INSP IRED STUDENTS

3

2015-2016 Priorities Achieved4 Ensured Global Leadership Program (GLP)

implementation in Junior and Middle School as well as review the role of the GLP with boarding life, trips and exchanges and post-secondary counselling

4 Completed Ministry of Education inspection successfullyand prepare for CAIS Accreditation process

4 Implemented recommendations on Outdoor Educationprogram for Kindergarten to Grade 8

Ongoing Priorities4 Ensure alignment of all curricular, co-curricular and

boarding programs with the goals of the GlobalLeadership Program

4 Implement recommendations on Outdoor Educationprogram for Grades 9 to Grade 12

Priorities for 2016-20174 Prepare internal report for CAIS Accreditation

4 Successfully graduate the first class to earn the Global Leadership Diploma

Our graduates will need to be

critical thinkers, risk-takers, strong

communicators and creative

problem solvers who are adaptable,

self-confident and globally aware.

We inspire and equip our students

by delivering a challenging and

engaging program that reflects the

continuous pursuit of academic

excellence and one that purposefully

nurtures and develops leadership,

creativity and social responsibility.

Students discover and ignite the

passion within themselves through

co-curricular programs such as the

arts, competitive and recreational

athletics, clubs and community

service that more fully integrate

21st century skills.

We will sustain and build on the

special strengths our community has

identified: the personal and individual

attention we provide our students;

the safe, supportive and respectful

environment; and the diverse

cultures and experiences within our

community, including leveraging the

strengths of our boarding program.

INSP IRED STUDENTS (Continued)

4 2015 – 2016 Pickering College Report Card

PC Highlights from 2015-20164 Forty-eight students successfully completed the

“Adventurous Journey” component of the Duke of Edinburgh’s Award (Bronze Level) during the annual Grade 9 leadership trip by participating in an overnight camping trip in September.

4 Grade 9 students impressed the community with theirresponses to their interdisciplinary project, a year-longinvestigation into making PC more sustainable.

4 Grade 10 students explored culture and identity. They attended a full-day workshop that centred onFirst Nations culture and context presented byCanadian Roots and explored culture at four differentuniversities. Their Quaker exploration day includedworkshops on historical Quaker context.

4 Grade 11 students visited VentureLab in Markham and participated in a design sprint led by FutureDesign School at MaRS Innovation Centre in Toronto.They then spent a day prototyping different types of solutions through various workshops, workingthrough their Capstone Project selection.

4 Grade 12 students explored innovative programing at post-secondary institutions, learned about effectivestorytelling at the Aga Khan Museum, defended theirCapstone Project topics at a whole-grade debate tournament and, in final preparation for their Capstonepitch, spent time learning from expert mentors.

4 The Grade 1 class visited 102.7 Chop FM for an introduction to the radio station. They learned aboutthe sound booth, microphone and mixing board. They recorded station greetings and updated the community on their environmental inquiry-basedClean Bin Project.

4 In November and December students broadcasted livefrom the Newmarket Santa Claus Parade, the AuroraSanta Claus Parade and the Aurora Tree LightingCeremony.

4 In April, Emily Perkovic, Grade 12 and Thomas Bianco,Grade 4 presented to Newmarket Town Council aboutthe past, present and future of 102.7 CHOP FM.

4 Patrick Prochazka, Grade 10, Sterling Mancuso, Grade 11, and Margaret Montgomery, Grade 12, represented Pickering College in October at theInternational Independent Schools Public Speakingand Debate Competition at the York School inToronto. In the category of Extemporaneous Speaking, Sterling Mancuso placed first overall.

4 In November, Ethan Fitzsimons, Grade 12, SterlingMancuso, Grade 11, and Nupur Krishnan, Grade 10,competed at the Ontario Qualifier for the SeniorNational Public Speaking Competition at ApplebyCollege. Ethan placed first in the category ofImpromptu Speaking and his overall score placed him in the top eight.

4 At the Junior Qualifiers, Katherine Starr, Grade 8,impressed judges with her speech that provided concrete remedies for the problem of plasticmicrobeads, earning her Top Persuasive Speech at the tournament. Katherine also went on to compete at the Canadian Junior High Speech Nationals, earning second place in Interpretive Reading and placing eleventh overall in Canada. Also at JuniorQualifiers, Emma Kerswill, Grade 9, spoke on societalneglect of Canadian veterans. Her exceptionalimpromptu speech earned seventh place and Emmaagain secured a spot at the Junior Nationals.

4 In February, Pickering College won the Kaufman Cup.Earning first place with a tournament best of 511points was a Grade 8 team of Meghan Beswick andMadeleine Rickman. A combined Grade 8/9 team of Katherine Starr and Emma Kerswill earned thirdplace honours.

4 In April, at the Spring Fulford Debate Tournament,Grade 8 students Jenna Farmer and Katherine Starr finished in 4th and 5th place, respectively, and together combined their scores to earn the PickeringCollege Junior Team a second place finish.

4 Mandy Coleman, Grade 12, was awarded the ZetzlFamily Science Award by Alexander Zetzl ’05 for herstellar academic performance in her Grade 11 sciencecourses the previous year.

4 Nupur Krishnan, Grade 10, developed a proposal to help deaf and hard-of-hearing youth to be safewhen home alone, as well as deliver basic first aid. She earned a $1,500 grant from United Way GreaterSimcoe Muskoka. The first workshop took place in May with the assistance of St. John’s Ambulance and Deaf Access.

4 Grade 10 students Erin Falcon, Megan Robinson and Samantha McDougall won the final Youth andPhilanthropy Initiative Challenge in January, earning a $5,000 charitable donation for the Canadian Cultural Society of the Deaf.

4 Pickering College achieved gold certification withOntario EcoSchools thanks in large part to the initiatives of the Junior and Middle School Green Team and the Senior School Green Team, under theleadership of Grade 12 student Josie Kanu.

4 During Green Week, students powered down duringEarth Hour and planted pea and bean seedlings to betransferred to raised garden beds behind the DiningHall. The planters were made possible from a $1000grant from the Farmer Environmental Stewardshipaward, won by Josie Kanu, Grade 12, for the secondconsecutive year.

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INSP IRED STUDENTS (Continued)

6 2015 – 2016 Pickering College Report Card

4 The annual Coffee House was a joint venture by theYouth Action Organization and Student Committee.The students exceeded their fundraising goal to continue paying for the education of Steven andMargaret, the two students in Kenya funded by theSmall Project.

4 The Junior School presented their production of “The Princess and The Pea.” The cast was comprisedof all the students in Grade 4 and 5 and some of theGrade 3 and 6 students.

4 “Bye Bye Birdie,” our most ambitious musical to date,was the culmination of months of hard work from acast and crew of over 35. It ran for three well-attendednights in early March.

4 Earning Honour Certificates in the SunLife FinancialCanadian Open Mathematics Challenge were TeddyDing, Kenya Kimata, George Gong and MandyColeman. Earning Distinction Certificates for finishingin the top 25% were Snow Chen and our top finisher,who finished in the top 9%, Patrick Prochazka.

4 Earning a Certificate of Distinction at the Senior levelin the University of Waterloo contest was school champion Teddy Ding. Earning certificates at theIntermediate level were Tony Zhang, Leo Ji, KenyaKimata, Sophia Husein and our school champion, who finished 33rd in Ontario out of more than 4000 students, Patrick Prochazka. As a team, these five students finished 36th in Ontario and earned aplace on the provincial honour roll.

4 Placing in the top 25% of all contestants and earningcertificates of distinction were: Grade 9 Pascal contest:Jay Bao, Kirsten Yip, Kenya Kimata, Leo Ji and ourschool medal winner, finishing in the top 5% of morethan 10,000 contestants in Ontario, Melissa D’Amico.

4 Grade 10 Cayley contest: Nupur Krishnan, Ingrid Tai,Peter Ai, Sophia Husein, Rictol Ren and our schoolmedal winner, finishing in the top 1% of more than8,000 contestants in Ontario, Patrick Prochazka.

4 Grade 11 Fermat contest: Saniya Islambekova, TeddyDing, Nathan Bao, Steven Sun, Jessie Choi and ourschool medal winner, finishing in the top 4% of morethan 6,000 contestants in Ontario – Laurel Xu.

4 In in the University of Waterloo Spring Math Contests:In the Fryer contest written by Grade 9 students,Melissa D'Amico and Peter He both scored above the contest average. Leo Ji earned a Certificate ofDistinction. Pickering's top Grade 9 student was Kenya Kimata who placed 40th out of the 2146Ontario students who wrote the contest.

4 Nupur Krishnan and Tony Zhang placed above thecontest average on the Galois math contest for Grade 10 students. Certificates of Distinction wereawarded to Peter Ai, Sophia Husein, Rictol Ren, andIngrid Tai. Pickering's top finisher, Patrick Prochazka,placed 30th of the 2,058 Ontario students. Whenscored as a Grade 10 team, Pickering College placed20th in the province.

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4 Three Pickering College students earned Certificates of Distinction on the Grade 11 Hypatia contest: JessieChoi, Teddy Ding, and Laurel Xu.

4 In the Euclid contest for Grade 12, Mandy Colemanand Teddy Ding scored above the contest average.Pickering's best result was earned by Grade 10 studentPatrick Prochazka.

4 In February, 15 Senior School students went on anexciting expedition to the Arctic to learn aboutCanada’s North. They experienced the Northern DeneGames, travelled the ice road to Tuktoyaktuk andhelped elders to repair sleds in preparation for theirdogsledding journey. They also observed firsthand theimpact of climate change in northern communities.

4 The following students received their Duke ofEdinburgh’s Award: Adam Starr, Grade 12 achievedthe gold-level award, which he received from theGovernor General of Canada, Mr. David Johnston;Chris Farmer and Sean Malins-Umanksy achieved thesilver-level award; Hannah Floyd, Daniel Mason, JaimeePedersen, Jenna Skurnac, Molly McLaughlin andPatrick Prochazka achieved the bronze-level award.

4 In May, five finalists pitched to a panel of judges their innovative solution to an issue of local or globalsignificance. Monetary prizes were awarded to first,second and third place students to dedicate to a not-for-profit aligned with their Capstone Project issue.First Place: Mandy Coleman – Eliminating Slash andBurn Palm Oil Harvesting; Second Place: JosephineKanu and Margaret Montgomery – Birth Registrationin Senegal; Third Place: Emily Perkovic – Cruelty FreeCosmetics in Canada; Finalists: Sumana Gupta –Alternatives to Standardized Testing and Tyler Ritchie –Access to General Practitioners and Nurse Practitioners.

4 The Global Leadership Program in Middle School culminates in the Expression of Self project. In June,the Grade 8 students presented about their interestsand what they’re passionate about, answering thequestions “Who am I?” and “What can I do?”

4 Grade 5 students took part in the first year of My Key Idea, a speech advocating for support on a topic of personal significance. It was the first year for this culmination of the Global Leadership Programin Junior School.

4 A group of Senior School students travelled to Kenyaduring March Break to volunteer with Me to We. Theydug trenches for the foundation of a new health clinicin the heart of Maasai Mara and had the chance toimmerse themselves in local culture, staying overnightin a Maasai village.

4 Grade 12 student Lauren Jenkins was selected as arecipient of the 2016 Magna Give Back Awards for hervolunteer work with Springvale Baptist Church.

4 In April, five ensembles performed at the CanadianIndependent Schools Music Festival, at Roy ThomsonHall. The Senior Jazz Band, Jazz Combo and SeniorChoir all received a Superior rating and the SymphonicBand and Junior Jazz Band received an Excellent rating.Garrett FitzGerald received the Outstanding Soloistaward. Another award was presented to PetrosAnagnostakos, Mark Barratt and Hamza Kara for theOutstanding Jazz Section.

4 Grade 12 student Snow Chen’s work was selected to be shown as a part of the Our Safe SpacesIndependent School Photography Exhibit at theScotiabank Contact Photography Festival.

4 Several ensembles including the Senior Jazz Band performed at the Festivals of Music and Grade 11 student Garrett FitzGerald was presented with the“Outstanding Soloist Award.”

4 Senior School students Gabi Macias, Hannah Floyd,Adam Starr, Lauren Jenkins, Charles Hsieh and Nicole Shouldice represented Pickering College at the inspiring Canadian Student Leadership Conferencein Halifax, NS.

4 Six Senior School students participated in an international student exchange. Kate Beswick, Daniel Mason and Kaitlyn Scott attended the world-renowned Brighton College in the UK for two weeks. Adam Starr, Nadia Cerda and ShannonPang travelled to Goulburn Valley Grammar School in Australia for four weeks.

4 Jenna Skurnac, Vanessa Gardner and Julia Biancoattended the Quaker Youth Leadership Conference at the Lincoln School in Providence, Rhode Island.

4 Patrick Prochazka reached the national finals of the Canadian Geochallenge in Ottawa, placing in the top 20.

4 Aidan Cook, Daniel Mason and Adam Stella joined faculty members Tom Lewis and Steve Cope for a 14-day adventure of a lifetime paddling the mightySouth Nahanni River in the Northwest Territories.

4 Seven Grade 7-9 students travelled with ArnoldMassey to Ecuador to volunteer on a building projectin the Bella Vista community, where they helped to laythe foundation for a school room.

4 Senior School students travelled to the Arctic to learnfirsthand about Canada’s North. They experienced the Northern Dene Games, travelled the ice road toTuktoyaktuk and helped elders to repair sleds in preparation for their dogsledding journey.

4 Grade 4 and 5 students sang in the Junior Choir at the CISMF. They rehearsed with students from otherchoirs over the course of four days and the result wasan outstanding performance of “Al Shlosha D’varim”in the original Yiddish. In the concert finale, choirsjoined together along with the string orchestra to perform “Baba Yetu” in Swahili and received astanding ovation.

4 Mandy Coleman, Josephine Kanu, Amy Kavanagh,Margaret Montgomery and Sydney Stevenson joinedthe Global Ideas Institute Mentorship Program at theUniversity of Toronto’s Munk School of Global Affairs.Pickering College focussed on the West African state ofSenegal and implemented a solution that involvedusing an SMS texting system to send birth informationand registration to the Senegalese government.

4 The Grade 10 Health and Physical Education classesparticipated in PC’s first-ever triathlon in April. Startingwith a 200 m swim at the Aurora Family LeisureComplex, the students then biked and ran their wayback to Pickering College (with distances of 6 km and2.5 km respectively).

4 Athletics had a very exciting year! Pickering Collegebrought home the gold medal and the division title inU12 Co-ed Soccer, Senior Girls’ Volleyball, Junior Boys’Basketball, and Senior Boys’ Basketball. In the pool, atthe CISAA championships Pickering College won fourgolds, three silvers, and two fifth place finishes andthree sixth place finishes.

4 Brooklyn Wodehouse, Grade 10, and Matthew McGill,Grade 11, earned a spot at the Ontario Championshipfor swimming. There, Brooklyn won gold in her 50mBreaststroke and placed second in her 100m IndividualMedley. Matthew came 11th in his 200m Freestyleand 5th in his 200, Individual Medley.

4 Mayor Tony Van Bynen awarded Grade 12 studentCamille Kiffin first prize for her watercolour, Strength,at the Town of Newmarket’s Grade 12 art exhibit displayed at the Town Hall. Honourable mentionswent to Grade 12 students Gabi Macias (Sun In YourEyes – photograph) and Karen Ji (Red – watercolour).The awards were presented on May 16 at NewmarketTown Council.

4 The Joshua Weinzweig Postcard Fiction Contest had a number of winners including: Lenora Strawbridge,Grade 9, for her piece “Nostalgia”; Lauren da Silva,Grade 10, for her piece “Everything I Once Knew”;Sterling Mancuso, Grade 11, for his piece “BrackishPlans”; Sam Shaw, Grade 12, for her piece “The RedRecord Motel.”

4 Winners of the Poetry Contest included MelissaD’Amico, Grade 9, for her piece “Wither/ˈwiTH͟ər/verb”;Patrick Prochazka, Grade 10, for his piece “The Deathof the Lady Named Dee Vice”; Amy Kavanagh, Grade11, for her piece “Candy Land” and Sam Shaw, Grade12, for her piece “The Forest Behind Our House.”

4 Darrah Dzisiak, Sophia Husein and Saniya Islambekovaparticipated in the Technovation Competition. Theybuilt an app called ONIS, geared towards those whoare struggling with mental illness. Members of thecommunity are able to upload their artwork, music,poetry and other artistic creations. The app offers asafe place to communicate with other members andprovides resources for getting help.

4 Pickering College hosted the FIRST Lego® LeagueJunior Showcase Event for York Region in May and sixteams participated. This year’s challenge, Waste Wise,engaged each team in an exciting real-world topic.

INSP IRED STUDENTS (Continued)

8 2015 – 2016 Pickering College Report Card

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EXCEPT IONAL LEARNING SPACES

2015-2016 Priorities Achieved4 Completed plans and submitted for Site Plan

Approval for Phase 2 of the Campus Master Plan

Priorities for 2016-20174 Finalize design of the innovative teaching and

learning space in the Centre for Creativity andInnovation

4 Obtain Site Plan Approval from the Town ofNewmarket and York Region for the redesignedFront Entrance

4 Obtain Site Plan Approval from the Town ofNewmarket and York Region for the Centre forCreativity and Innovation

4 Tender and begin construction on the FrontEntrance and the Centre for Creativity andInnovation

PC Highlights from 2015-20164 Outdoor Education improvements at Blue and

Silver Farm

4 Increased media coverage for Pickering College in newspapers, on radio and on television

4 Hosted CAIS Agent Familiarization Tour

4 Travelled to new countries to recruit students

4 Increased open houses and introduction eveningsto recruit day students

New spaces will allow us to create a

21st century learning environment

where our students are inspired to

learn, grow and excel. Pickering

remains committed to: keeping

a strong sense of community,

developing the whole child, safety

and security, sustainability,

accessibility, state of the art

educational design, appropriate

use of technology, Quaker design

principles, support for alternate

revenue generation, and strong

relationships with our local

community.

We also know that everything

we do must be greener, modelling

environmental responsibility for our

students and reducing our school’s

environmental footprint.

While we have a wonderful campus,

the time has come to step forward

and consider how best to renovate

and build our facilities for the future.

10 2015 – 2016 Pickering College Report Card

TRANSFORMATIONAL PARTNERSHIPS

2015-2016 Priorities Achieved4 Completed negotiation with the Town of Newmarket regarding

the construction of a new arena at Pickering College. The negotiations resulted in the arena not moving forward.

Ongoing Priorities4 Confirm financing from financial institution for the Campus

Master Plan

4 Complete assessment of additional land availability and its use tosupport funding the Campus Master Plan

Priorities for 2016-20174 Achieve Year 3 targets for Light The Way campaign

PC Highlights from 2015-20164 Strengthened relationship with our local Quaker community

through visits from local Quakers, to the Yonge St. Meeting Houseand hosting the Canadian Yearly Meeting Archives event

4 Continued engagement strategy for additional revenue sources for the Campus Master Plan

4 Hosted Canadian Cancer Society Relay for Life in June 2016

4 Hosted Bereaved Families of York Region’s annual Memory Tree of Light Remembrance Ceremony

4 Participated in the Town of Newmarket Santa Claus Parade

4 Supported 20% of our student population with financial aid withan average award of $12,000

4 Participated in the Town of Aurora Street Fair in June 2016

4 Enjoyed enthusiastic and effective parent, alumni and volunteerparticipation through the PCA and Pickering College eventsincluding the Holiday Home Tour, “Come Fly With Us” Gala, Golf Tournament, Ghost Tour and and many other communityengagement opportunities.

Developing strategic and

meaningful partnerships is

essential to achieving our plan

and provides a model for our

students. Partnerships bring the

world to Pickering and provide

new opportunities for our

students and additional

resources for our programs.

We are located in a fast-growing

and dynamic region and we are

developing closer ties with our

local communities. We are

excited about future growth

and partnership opportunities

and we believe that connecting

to and working with communities

and partners locally, nationally

and globally will be vital to our

future success.

There is something very special

about Pickering College. The

moment you walk through the

doors, you can feel a strong sense

of community. Our story is a

special one that needs to be

shared more broadly, enhancing

local and global awareness of

our unique strengths.

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Community Service 2015-2016

Alexander Muir RetirementResidence

Alzheimer’s Day Centre

AMHA Minor Bantom

Armitage Animal Clinic

Art N' Smart Academy

Aurora Community Arboretum

Aurora Food Pantry

Aurora Historical Society

Aurora United Church

Aurora Youth Soccer Club

Basic Speed & Agility

Bathurst-Finch Community Food Bank

Bereaved Families of York Region

Bird Studies Canada

Bob Rumball Camp of the Deaf

Bradford Children’s Choir

Bradford Rattlers

Bryst International

Camp Goch

Camp Romuva

Canadian Cancer Society

Canadian Tire Jumpstart

CHATS

Cheetah's Cheerleading

China Yunnan Red Cross Centre

China Yunnan Youth DevelopmentFoundation

Chinese Police Transportation Safety

Cirque Du Soleil

CISAA Swim Meets

Clearmeadow Public School

Deaf Access Simcoe Muskoka

East Gwillimbury Skating Club

Elite Basketball Camp

Ell Mar Communications

Girl Guides of Canada

Girls Inc.

Habitat for Humanity

Hatton Dog Rescue

Hilltop Skating Club

Hong Fa Temple

Inn from the Cold

Ismaili Volunteer Corporation

King City Royals

Koper Corp. Inc., Mexico

Lake Simcoe Conservation Authority

Magna Community Centre

Magna Hoedown

Markham Chinese Baptist Church Camp

Mon Sheong Foundation Chinese School

Nanjing, Dachang Socila Welfare Institute

Newmarket Chamber of Commerce

Newmarket Food Pantry

Newmarket Hurricanes

Newmarket Huskies

Newmarket Minor HockeyAssociation

Newmarket Public Library

Newmarket Red Birds

Newmarket Stingrays

Ontario SPCA

Our Lady of Grace Parish

Pickering College

Providence Healthcare

Pukou Region Special EducationSchool

Pure Touch Soccer Camp

Qing Yuan Hospital

Queens York Rangers Army Cadet Corps

Royal Canadian Riding Academy

Richmond Hill Soccer Club

Ride for Refuge

Rose of Sharon

Royal Canadian Riding Academy

School for Special Needs Children,China

Sharon Temple

Shenderey Gymnastics Institute

Simcoe Manor LTC

Southlake Village

Special Olympics Ontario – Aurora

Spring Day Creamery

Springvale Baptist Church

St Paul’s Anglican Church

Storm Volleyball

Taiwan Natioinal Palace Museum

The Campus Church

The Grandparent Connection

The Roots Wake Series

The Smile Group

Tianjin Museum

Tianjin Nankai High School Library,China

Tiny Hopper Day Care Centre

Town of Aurora

Town of Newmarket

Vaughan Vikings Minor BaseballSkills Camp

Vedic Cultural Centre

Wallace Emerson CommunityCentre

Wallan West Summer Riding Camp

Whitby Rotary Sunrise Club

Windfall Ecology Centre

YMCA Day Camps of SimcoeMuskoka

Yonge Street Monthly Meetings

York North Baseketball Association

York Region Youth Police Band

York-Simcoe Bugs Football

Young Drivers of Canada

LEADERSHIP 4 Cristy Drake taught Outdoor Leadership and English for

the International Summer School of Scotland (ISSOS)hosted at Yale University.

4 Julia Hunt served on the CIS Experientially Ours NetworkExecutive and Pickering College hosted the first ever conference. Peter Sturrup was the Keynote speaker and Julia presented on the Global Leadership Program.Mandy Coleman, Grade 12, and Patrick Prochazka, Grade 10, spoke on how experiential education hasimpacted on their education.

4 Peter Sturrup serves on the Board of the CanadianAccredited Independent Schools (CAIS), as Chair of the Board’s Standards Council and is a faculty member at the CAIS Leadership Institute.

4 Graham Birt worked for the Canadian Team (AthleteServices) at the Olympic Games in Rio de Janeiro.

4 Marc dela Bastide was on the organizing committee forthe “Judge’s Cup” the York Region High School MockTrial Competition.

4 Cristy Drake attended the CAPHERD (CaliforniaAssociation of Physical Education, Recreation and Dance)Conference on School Wide Co-curricular Programs.

4 Kim Bartlett worked on a feasibility study project for K-12 Global looking at the integration of Thomas King’s work into Kindergarten to Grade 8 curriculum.

4 Jessie-May Rowntree serves on the CAIS StudentMarketing Research Committee, CAIS CollaborativeBoarding Project Recruitment Committee and MarketingCommittee.

12 2015 – 2016 Pickering College Report Card

LEADERSHIP Key Performance Indicators (KPI) 2008* 2009 2010 2011 2012 2013 2014 2015 2016

% of board members contributing to annual giving 100 100 100 100 100 100 100 100 100

% of corporation members contributing to annual giving 58 54 74 72 74 80 82 66 81

% of Board members serving full term (3 years) 100 100 90 90 100 70 100 100 82

Average # of years in senior administrative positions in total 9.8 10.2 12.25 14 15 16 17 20 20

% of senior administrators (Management Team) promoted from within 50 43 50 50 50 67 55 55 67

# of students in formal leadership activities 66 77 96 93 88 96 129 196 150

% of school goals accomplished 83 91 85 90 85 86 79 58

LEADERSHIP

Healthy schools are leaders in education; they have a strategic board, strong leadership from the Headmasterand senior administration, a community of leaders among the faculty and staff, and opportunities for learningleadership for the students. Healthy schools have a manageable number of understood, commonly shared goals, a culture where disciplined thought and action meet, collaborative and democratic planning and decisionmaking, and high expectations of all in the community.

Commentary: It was a very successful year at Pickering College for leadership. Measures of leadership at the Board and senior administrative levels remain very strong, demonstrating experience, continuity and passion for the school. Board leadership in philanthropy, as well as their continued strategic leadership, remains outstanding and Corporation philanthropic leadership is building. The depth and breadth of the management team’s leadership experience is evident not only in the KPIs, but also in the success of so many other areas of the school.

The one Key Performance Indicator that has dropped more significantly is the percentage of school goals accomplished,finishing the year at 58%. In hindsight, the goals our school set were tremendously ambitious and while falling short, we are proud of what was accomplished. Of particular note, the comprehensive implementation of the GlobalLeadership Program, to include Grades K to 8 and Grade 11 is a significant accomplishment. Completing all of thedesign development plans for the new Centre for Creativity and Innovation and submitting the application for site plan approval also represents a significant step forward. Having set our ambitions higher than that was, indeed, aspirational; but falling short still brought us to a place of significant accomplishment.

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UNIQUE QUAL ITY

Healthy schools have a broadly understood Mission and a shared Vision; they have a strong sense of community,guided by a unique purpose for which all members are passionate, and about which they believe they can beunequalled. Healthy schools offer unique learning opportunities not necessarily available at other schools.

UNIQUE QUALITY Key Performance Indicators 2008* 2009 2010 2011 2012 2013 2014 2015 2016

# of community organizations that PC serves or supports through student/staff volunteering, financial support or facilities availability 35 112 133 143 88 48 85 79 102

Average class size 15.5 14.9 14.6 14.4 14.1 14.2 14.5 14.2 14.5

% of employees who believe there is a greater purpose to the school than just ‘educating students’ 89 90 86 89 90 92 92 92 90

# of countries of citizenship of our students 30 28 24 21 23 26 29 26

% of graduates exceeding PC Community Service hours requirements (60 hours) 70 80 88 90 73 80 81 67 59

# of unique programs at PC 9 8 8 8 8 9 9 9

Commentary:

Pickering College continues to be the only Quaker-founded independent school in Canada. This long-standing philosophical and spiritual framework gives rise to the entirety of our approach to working with young people.Therefore, the commitment to leadership, to service, to diversity and understanding, and to community all demonstrate continuity and strength in the KPIs listed above.

Pickering continues to offer programs unavailable at other independent schools. This year we have added to our list the outdoor education program at Blue and Silver. The development of this program in the Junior School andMiddle School has made it a vibrant and integral part of our Global Leadership Program.

The only KPI showing a significant decline is the percentage of graduates exceeding their Pickering College community service hours. While all of the reasons for this have not been fully determined, we believe it is a reflection of the changed emphasis of our students as a result of their greater engagement in the Global LeadershipProgram and their focus on the completion of the 10 Demonstrations of Learning for graduation. This is a positive development, since the diploma requirements are focused on ensuring they learn to be “agents of change,”rather than just accumulating service hours for the purposes of meeting an arbitrary target.

14 2015 – 2016 Pickering College Report Card

PEOPLE Key Performance Indicators 2008 2009 2010 2011 2012 2013 2014 2015 2016

Average faculty teaching experience 12.25 12.5 13 13 14 13.7 14.7 14.4 15

% of budget for professional development 0.9 0.8 0.5 0.5 0.5 0.6 0.6 0.6 0.7

% of operating budget dedicated to people 69.4 68.5 67.7 67.9 66.3 67.0 66.5 64 63

% of annual staff turnover 7.5 12 6.2 8 11 10 5 6.5 6.5

Faculty compensation as a % of YRDSB Secondary grid 100 99 96 98 100 100 101 102 101

% of faculty who believe learning for all employees is encouraged at the school 93 83 75 95 100 89.8 95 87 92

PEOPLE

Healthy schools focus on their people, faculty and staff, creating a professional, growth-oriented, collaborativeculture focused on learning, in which all members feel respected and encouraged in an environment thatembraces fun. Healthy schools have dedicated, passionate, high-quality staff for whom professional developmentand long-term sustainability are keys to motivating students and preparing them for success in post-secondaryeducation, in the global community, and in life.

Commentary:

We believe there are three important considerations when it comes to “the people” of Pickering. First, all currentresearch on teaching and learning agrees that the most important impact on a student’s learning is the quality ofteaching. Second, the qualities of teaching excellence include a program driven by innovation and that demonstratespassion, compassion, expertise and variety. Third, fostering an outstanding organizational culture in which teachersand staff give their very best to our students means focusing on ensuring “the people” feel a greater purpose in thework they do, feel a sense of autonomy, develop a mastery of their craft and feel treated with dignity and respect.

Our Key Performance Indicators in this category attempt to capture as much of the above as possible. And these KPIs reveal that we continue to make our people the heart of our school. You can see it demonstrated through thegrowing level of experience and expertise of our teaching staff; through the obvious commitment to lifelong learning,not only of our students but of our staff; and through the investment we continue to make creating a competitivecompensation program to attract and retain the very best.

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STUDENT ENGAGEMENT IN LEARNING

Healthy schools have a focus on program excellence, one-of-a-kind offerings, extraordinary co-curricular offerings,and high expectations of the students in a way that seeks to educate the whole child. Healthy schools engageand support their students with a challenging, integrated curriculum that emphasizes and recognizes academicachievement, athletic involvement, artistic expression and character development. Healthy schools have a commitment to the health and safety of all members of their community and create a supportive, nurturinglearning environment in which it is okay to excel.

STUDENT ENGAGEMENT IN LEARNINGKey Performance Indicators 2008* 2009 2010 2011 2012 2013 2014 2015 2016

% of grads accepted to post secondary institutions 100 97 97 100 100 100 100 100 100

Full school retention 90 87 89 84 85 89.6 88.3 87.9 87.8

Boarding school retention 76 69 74 60 77 77.3 81 73.1 79.7

% of graduating class who are Ontario scholars 66 75 66 80 88 83 80 70 70

% of all students involved in co-curricular program 97 97 99 97 97 98 100 99 100

% of Grade 7 to 12 Students on the Headmaster’s Honour List 49 57 45 63 65 61.4 69 70 67.1

Commentary: As has been expressed throughout this Report Card, there is a profound shift going on at the school as a result of theimplementation of the Global Leadership Program. This Report Card reflects the third year of implementation of theGLP in the Senior School, and the first year of implementation in the Junior and Middle Schools. This implementationis changing the nature of teaching and learning and the way the students engage in all aspects of the program. It isexciting, innovative, challenging and unique.

The Key Performance Indicators in student engagement in learning reflect some of this change. Our students’ academic performance and results continue to ensure that all of our graduates attend the post-secondary institution of their choice. Our students continue to achieve high academic standing and balance that with full participation inthe co-curricular program. What is most exciting is the role of the boarding program relative to the Global LeadershipProgram. As we strive to teach our students to be good global citizens, understanding the nature of global issues while also becoming citizens with a heightened sense of understanding, empathy and tolerance, our boarding program creates the environment to allow that learning to flourish in the day-to-day lives of the students. The significantly improved level of retention for boarding is a strong indicator of the strength of the boarding program and its full integration into the school program and the GLP.

16 2015 – 2016 Pickering College Report Card

COMMUNITY ENGAGEMENT Key Performance Indicators 2008* 2009 2010 2011 2012 2013 2014 2015 2016

Admission Yield Rate – new students enrolled as a % of the number of students accepted 67 70 66 64 71 65.6 80.5 77.5 65

Offers Made per Application – # of students who are offered a position at the school as a % of the total # of applicants 74 96 87 82 78 73.6 70 71.6 89

Market Demand –# of applications per opening 2.1 to 1 1.5 to 1 1.7 to 1 1.6 to 1 1.71 to 1 1.3 to 1 1.2 to 1 1.5 to 1 1.68 to 1

% of alumni making a gift 4 2 3 4 3.4 4 3 3.5 3.1

% of parents making a gift 29 26 48 42 42 44 44 51 47.5

% of staff making a gift 48 55 54 60 81.5 80 79 81.4 75

% of audience opening PC Connects 53.1 52 50 50 53.6 57.4 57.6 52.7

COMMUNITY ENGAGEMENT

Healthy schools are characterized by a strong reputation and involvement with their broader community, createdthrough community outreach, encouraging parental and alumni involvement and support and collaborativeplanning, decision-making and communication.

Commentary: Typically this indicator of health is characterized by the amount of engagement in two main areas. The first area of engagement is with prospective parents and students, a key determinant in the ongoing financial health and wellbeing of our school. The second area of engagement can be seen in the support the school receives from currentmembers of our community, a key measure of which is the willingness to support our philanthropic efforts. In the first category, Market Demand is rising ever-so-slightly, indicating the effectiveness of our marketing efforts toattract more applicants. While the Offers Made per Application has increased, we believe this is another sign of theAdmissions and Marketing department doing an excellent job of tailoring our message to attract students who aretruly interested in a Pickering College education. However, our Admissions Yield Rate has declined, a reflection, webelieve, of the increasingly competitive nature of attracting mission-appropriate students to our school and theincreasing need for Pickering College to be able to provide financial aid to qualified applicants.This nicely leads to the second category – philanthropic support. We are pleased with the continued high supportamong our faculty and staff, who consistently lead the way. Alumni and parent support has declined by a small percentage, but remains relatively consistent on a year- over-year basis. At a time when our Light The Way capitalcampaign is critical to our success, philanthropic support from our entire community is of utmost priority. Likewise, at a time when financial aid is more and more critical to the school being able to provide financial support to greatstudents, philanthropic support for endowments is also a priority.

17

Healthy schools have a solid financial position and a strategic financial plan to ensure long-term sustainability.

FINANCEKey Performance Indicators 2008 2009 2010 2011 2012 2013 2014 2015 2016

Annual Operating Surplus as a % of operating expenses 4.3 1.6 -1.1 0.2 -4.7 2.5 2.5 3.2 5.0

% of Revenue from parent fees 91 90 86.7 85.4 83.4 84.2 84.3 84.3 84.3

% of enrolment receiving financial aid 7.6 7.7 6.25 7.4 9.9 14.4 20 20.2 19.3

% Annual rate of return on endowments 6.1 2.5 3.7 3.6 4.0 7.6 8.9 8.4 7.3

% Annual tuition increase 5.0 4.5 2.5 3.9 4.0 5.0 4.4 4.5 4.5

Annual Fund ($) 289,926 361,043 387,000 398,000 400,000 380,000 447,000 392,000 451,000

Endowment ($) 229,835 68,911 147,000 190,000 225,000 252,000 467,000 270,000 253,000

Commentary: As you will see from the Treasurer’s Report in the pages following this update, it was another excellent year financiallyfor the school. All indicators remain strong, positioning the school very well for our continued implementation of ourstrategic Campus Master Plan and Global Leadership Program. Led by a strong surplus, continued strength in ourinvestment returns and continuity in our fundraising programs, the school is able to plan for the longer term with an even greater sense of strength and stability.

We also continue to meet our goal to keep the percentage of our revenue from parent fees lower than other independent schools by relying on other sources of income to supplement our total revenue. Although costs to educatethe students continue to rise, our focus on diversifying our revenue sources provides some relief to our parents.

As was noted in the section on Community Engagement, providing financial aid to students who fit our mission butmight not be able to otherwise attend the school is an increasing priority. Reviewing this Key Performance Indicatorover the last five to seven years indicates a significant increase in the proportion of our student body who receive financial aid. However, our school is still below the national average for similar day/boarding schools. Building ourendowment to support financial aid is a priority.

F INANCIAL POSIT ION

18 2015 – 2016 Pickering College Report Card

The academic and fiscal year ending June 30, 2016has been a very successful one for Pickering College(PC). Our excess of revenue over expenses, beforethe net change in unrealized gains on long terminvestments was $453,364 as compared to the prioryear excess of $169,207.

Our strategic plan identified three key areas;Inspired Students, Extraordinary Learning Spaces and Transformational Partnerships. Ourimplementation of these plans has been focused on implementing the Global Leadership Program,the Campus Master Plan and Funding Strategies.Our budget is developed based on the annual goals identified in each of these areas, through acomprehensive, collaborative planning process.With our continued investment in our people andour programs, the 2016 year saw the GlobalLeadership Program reach into the Junior andMiddle School as well as refining the third year ofthe Senior School program. We have also continuedour investment in recruitment travel and financialaid to support the attraction of a diverse studentbody. The 2016 investments allowed us to recruitmore new boarding students than we have in thepast 10 years for September 2016, and we addedstudents from two new countries.

For the fiscal year 2016, PC targeted an excess of revenues over expenses of $360,905 beforeamortization and unrealized gains and achieved an actual result of $749,236 (versus prior yearexcess of $460,050).

PC had planned on 410 students (389 students in2015) with 104 boarding students (101 students in2015) and 306 day students (288 students in2015). Our actual enrolment for 2016 resulted in409 students which was 1 student below our target,but 20 more than 2015. We actually had 1 lessboarding students than 2015 and 21 more day students than 2015.

Audit and Year End Results:The 2016 audit was successfully completed byGrant Thornton. Please note that the auditors haveprovided a clean opinion.

For the 2016 year, PC is reporting an excess of revenues over expenses of $784,716 before longterm debt expenses of ($35,480), net amortization

costs of ($295,872) and net change in unrealizedgain on investments of ($218,802). In 2015, the excess before long term debt expense, netamortization costs and unrealized gains on investments was $509,369.

During 2016, several capital projects were underway which resulted in a total of $1,383,611 of investment in property, building and equipment.These included regular equipment replacementssuch as a new specialized commercial oven for thekitchen and our regular technology replacements.Total expenditures were $99,893 against a budgetof $100,000. In addition, during 2016, we completed the dining hall expansion, on time, with additional expenditures of $684,434 for a totalcumulative cost of $1,288,620 versus a budget of$1,290,000. Our community funded 92% of thedining hall expansion through donations. We alsocompleted the transfer to new architects on thecampus master plan, completed the site plan application for the Front Circle renovation and submitted the site plan application for the Centrefor Creativity and Innovation (CCI). We incurredconsulting costs, architect fees, project managerfees and York Region and Town of Newmarket fees.During 2016 we expended $599,284 in master plan costs.

RevenuesIn 2016, PC reported total tuition and other program related revenues of $15,084,785 on 409 students. This compares to $14,354,150 on389 students in 2015.

2016 actual enrollment was 409 students consistingof 100 boarders and 309 day students. This was an increase from 2015 when we had 389 studentsof which 101 were boarders and 288 were day students. Of the $15.1 million in revenues, $13.4 million represents the tuition and fee revenue. Tuition and fee revenue increased$709,783 from 2015, which reflects a 4.5% tuition increase and an increase in students.

In terms of diversifying our revenue sources, thenational benchmark targets 90% of total revenue to come from tuition and fees and 10% from othersources. In 2016, parents paid tuition and fees representing 84.3% (84.3% in 2015) of PC’s totalrevenue. Auxiliary programs represents to 8.2%

F INANCIAL ACCOUNTABIL ITYFor the Year Ending June 30, 2016

19

For the year ended June 30 2016 2015

REVENUE Tuition and other program related revenue $ 13,389,679 $ 12,687,896Auxiliary programs 1,300,480 1,232,541Investment income from long term investments 386,626 433,713

15,084,785 14,354,150Rental and other income 369,856 333,012Donations and fundraising 388,845 324,569Amortization of deferred educational program contributions 47,851 40,139

Total Revenue 15,891,337 15,051,870

EXPENSESInstructional and co-curricular programs 8,556,105 8,180,776Instructional and residential buildings maintenance 1,807,355 1,872,614Management, administrative and operations 1,410,223 1,317,806Auxiliary programs 875,062 803,323Advancement:

Admissions 688,176 747,418Development 289,112 285,040Alumni and parent relations 158,833 138,738Communications and marketing 317,637 295,410

Arena and grounds 369,975 366,106Scholarships and bursaries 634,143 535,270

15,106,621 14,542,501

Excess (deficiency) of revenue over expenses before items below 784,716 509,369

Interest expense on long-term debt (35,480) (49,319)Amortization of property, buildings and equipment (356,442) (345,698)Amortization of deferred capital contributions 60,570 54,855

(331,352) (340,162)

Excess (deficiency) of revenue over expenses 453,364 169,207

Net change in unrealized gain (loss) on long-term investments (218,802) (145,065)Excess (deficiency) of revenue over expenses for the year $ 234,562 $ 24,142

The above Balance Sheet is an excerpt from the complete Audited Financial Statements. Complete Audited Financial Statements, including notes are available upon request from the school’s Business Office.

STATEMENT OF OPERAT IONS

20 2015 – 2016 Pickering College Report Card

(8.2% in 2015), investment income represented2.4% (2.9% in 2015) and donations and fundraisingrevenue was 2.4% (2.2% in 2015) of total income.Finally rental and other income represented 2.7% (2.4% in 2015) of total income.

During 2016, there continued to be a focus onbuilding the school's philanthropic culture. With avery dedicated volunteer group and the help of ourgenerous PC community, a total of $2.38 millionwas raised, which was a significant increase over the$1.62 million raised in 2015. In 2016 Annual Givingexceeded budget, as a result of successful events;endowment gifts continued; and we received anumber of major gifts in support of our capital campaign donations. Our 2016 funds raised can be broken down as:

• $451,025 was raised through the Annual Givingof which $333,373 was in unrestricted giving,

• $252,589 was donated to endowments,

• $1,678,490 was received in support of the newCampus Master Plan.

In partnership with a dedicated Development team, there are thousands of volunteer hours contributed by our parents and alumni that makethese results possible. In addition to this, there arecountless donations of gifts-in-kind that also makemuch of our success possible in many fundraisingareas. In 2016, PC received a significant amount ofgifts-in-kind, estimated at $76,300 in ($41,800 in2015), which especially contributes to the successof our special events.

With respect to charitable giving at PC, our Board of Directors continues to lead the way with 100%participation followed by Faculty and staff participation at 75%. The Corporation increasedsignificantly to 81%, while parents decreased slightly to a participation rate of 47.5% and 3.1% of our alumni continue to contribute.

Endowments in 2016 grew by $252,589, mostnotably with the establishment of a new fund, TheEdward M. Lau '81 Memorial Scholarship fund withdonations of $126,674 and large gifts to both theC.R. Blackstock and Eric Veale funds. Continuedgrowth in the Scholarship and Bursary funds is oneof the key strategies to continue to attract studentsto PC.

Long term gross investment income earned during2016 totaled $446,858 ($505,035 in 2015). Thelong term investment portfolio earned a 7.3% rateof return in 2016 as compared to 8.1% in 2015. It should be noted that $60,435 was paid in management fees, resulting in net long term investment income of $386,626 in 2015 ($433,713in 2015). As part of our ASNPO reporting, it shouldbe noted that all of the income earned on the longterm investments is recognized as income in theyear that it is earned. The income is then transferredto the Restricted for Endowment purposes in thenet asset section of the balance sheet. In addition,the change in the unrealized gain on the investmentsis also recognized on the Statement of Operationsand transferred to the Restricted for Endowment net asset. At June 30, 2016 the unrealized gain oninvestments was $314,205 ($533,007 in 2015). As a result, the decrease in unrealized gain oninvestments was $218,802, which shows on thestatement of operations. In 2015, there was adecrease in the unrealized gain of $145,065. Intotal, $321,878 ($357,166 in 2015) was withdrawnto fund awarded scholarships and bursaries andother endowed purposes.

Rental and other income of $369,856 has increasedfrom $333,012 in 2015 with a one-time Hydrorebate in 2016.

Deferred educational program revenue representsthe recognition of donations that have been givenfor specific purposes. In 2016, PC recognized$47,851 ($40,139 in 2015) in revenue, from donations in support of scholarships and bursariesand specific programs. The amount to be recognized varies from year to year depending on the donations received.

Overall total revenue has increased by $839,467 or 5.6% with increases in tuition, auxiliary programgrowth, a higher rate of return on long term investments and successful fundraising events.

ExpendituresInstructional expenses totaled approximately $8.6million in 2016 ($8.2 million in 2015). PC spendsapproximately 56% of its total operational budgeton direct instructional and co-curricular programcosts with salaries and benefits representing 73%

F INANCIAL ACCOUNTABIL ITY(continued)

21

BALANCE SHEET

For the year ended June 30 2016 2015

ASSETS Current assetsCash and term deposits $ 8,292,089 $ 5,988,862Tuition, board and fees receivable 984,718 1,318,719Inventory 232,652 240,343Prepaid expenses and deposits 183,393 180,681

9,692,852 7,728,605

Long term investments 6,090,976 6,123,377Property, buildings and equipment 27,771,738 26,744,569

43,555,566 40,596,551

LIABILITIES AND NET ASSETS

Current LiabilitiesAccounts payable and accrued liabilities 2,221,441 2,369,278Deferred revenue 11,991,447 10,626,806Students’ personal service deposits 0 7,000Current portion of loan payable 225,000 225,000

14,437,888 13,228,084

Deferred contributions 4,921,992 3,434,932Loan payable 225,000 450,000

19,584,880 17,113,016Net assetsInvestment in property, buildings and equipment 24,019,799 23,898,569Internally restricted 47,316 78,252Restricted for endowment purposes 5,392,621 5,294,086Operating reserve (5,489,050) (5,787,372)

23,970,686 23,483,535

$ 43,555,566 $ 40,596,551

The above Balance Sheet is an excerpt from the complete Audited Financial Statements. Complete Audited Financial Statements, including notes are available upon request from the school’s Business Office.

22 2015 – 2016 Pickering College Report Card

As at June 30 2016 2015

SCHOLARSHIPS AND MEMORIAL FUNDS

1985 bursary fund $ 100,100 $ 100,100

Harry M. Beer memorial fund 293,004 290,864

C.R. Blackstock memorial fund 204,065 154,065

Richard Hayden memorial fund 25,000 25,000

Helen and Henry Jackman fund 179,126 179,126

Kirshenblatt and Miller fund 25,000 25,000

Gertrude L’Anson fund 35,000 35,000

Edward M. Lau '81 memorial fund 131,193 –

Joseph McCulley memorial fund 431,717 431,691

R.S. McLaughlin memorial fund 200,000 200,000

Harvey Ng bursary fund 56,488 59,837

The Robert and Shirley Prittie bursary fund 324,452 336,268

Promise fund 134,144 132,079

Gerry and Anita Smith fund 59,437 59,485

Spring Family scholarship fund 1,990,286 1,907,615

Peter Widdrington memorial fund 185,328 187,592

Barney Jackson memorial fund 148,958 147,958

Other 95,955 93,430

4,619,253 4,365,111

OTHER ENDOWMENTS

Allan family fund 154,732 154,057

Keith “Booker” McLaren math fund 75,660 73,565

Cyril Howarth memorial fund 10,804 10,804

Eric Veale memorial arena fund 111,676 56,676

Joshua Weinzweig memorial fund 74,905 69,480

25th anniversary celebration fund 26,386 26,386

Other 5,000 5,000

459,163 395,968

Unrealized gain (loss) on restricted endowment funds 314,205 533,007

TOTAL $ 5,392,621 $ 5,294,086

The scholarship and other endowment funds represent accumulated donations to the School which have been externally restricted for endowment. Funds with a balance of at least $25,000 are shown indvidually, and all of the other scholarship funds are grouped together as Other. The Other includes theCummer, Allen Drevnig, Al Jewell, Don Kellock, Craig McGillivray, Don Menard, J.B. Mossop, Don Race,Jack Rayner, Donald Stewart, War, and Mary E. White funds.

ENDOWED FUNDS

23

of that total. Our investments this year includedsalary grid movement for faculty as well as a 1.5%salary increase for all staff, growth in instructionalstaffing, program expenditures and professionaldevelopment.

Scholarships and bursaries increased slightly over the previous year, with a 18.5% (16.1% in 2015)increase. This investment allowed us to award morenew students than the year before and all studentsreceived an average award of just over $15,000 (just over $12,000 in 2015). In 2016 we awarded$634,143 in scholarships and bursaries ($535,270 in2015). To fund these awards, $321,878 was drawnfrom the income on endowed funds and $16,122was received in restricted annual fund donations.Our day student awards are consistent with theCanadian Benchmarks, but we still continue to bebelow average in the number of boarding studentsthat receive scholarships and bursaries.

As our endowments grow, our ability to award morescholarships and bursaries will also increase. A healthyendowment and a strong financial aid program are a key strategy to attracting and retaining studentsand potentially relieving tuition increase pressures and affordability concerns for families in the future.Focused attention on our fundraising and donationsprogram is how we increase our endowment funds.

Advancement costs (Admission, Development,Alumni and Parent Relations and Communications)have changed by less than 1% over last year, totaling $ 1,453,758 ($1,466,606 in 2015). We continue to analyze student retention and newrecruitment strategies to ensure that we are alwayslooking and planning ahead for enrolment as thisdrives such a large part of our financial success.Please note that recruitment spending in the2015/2016 fiscal year results in the new students inSeptember 2016. In September 2016 we recruitedthe highest number of both new day and newboarding students in 10 years.

Facility costs (instructional and residential buildingsmaintenance) for 2016 were $1,807,355, which is$65,259 lower than 2015, and $130,577 belowbudget. In 2016 we had a number of senior facilitystaff vacancies resulting is significantly lower salariesand benefits. Two positions were replaced inSeptember 2016.

Management, administration and operations costsincreased 7.0%, and were only 1% ($9,196) abovebudget. These increases include a 1.5% salaryincrease, an increase in some school wide operational costs, such as postage, telephone andlegal fees. This line includes costs in relation to the operation of the Headmaster’s office, Assistant Heads,Business Office, Human Resources and Reception. In addition, school wide infrastructure costs arecharged here and professional fees, such a legal andaudit fees are reflected in this cost centre.

Finally, PC continues to repay the fixed rate termloan with the Bank of Montreal. We repaid$225,000 this year and have an outstanding balanceof $450,000. The interest incurred for 2016 was$35,480 versus $49,319 in 2015.

Overall, total expenditures have grown by $564,120or 3.9% with investments in people and programs.This increase was less than budgeted.

Liquidity and Net AssetsPC’s cash and cash equivalents have increased overlast year. Our overall cash and cash equivalentstotaled $8,292,089 as at June 30, 2016 ($5,988,862in 2015). A key driver for the increase in cash-flow is both growth in cash from operations and anincrease in capital and endowment donations. PC continues to closely monitor cash flow.

Overall, net assets have increased to a total of $24.0 million. Our investment in property, plant andequipment has grown due to the capital projectscompleted and our endowments have grown withdonations. The operating reserve has decreasedfrom ($5,787,372) in 2015 to ($5,489,049) as atJune 30, 2016 with a healthy operating surplus anddonations that funded the dining hall expansion.

ConclusionOverall, 2016 should be considered a very successfulyear for Pickering College, as we continue to implement our strategic plan and invest in our programs, recruitment initiatives and future facilities.Overall we generated an operational surplus, andhave begun planning for our capital campaign insupport of our master plan.

F INANCIAL ACCOUNTABIL ITY(continued)

24 2015 – 2016 Pickering College Report Card

Since 1842, the guiding values upon which

Pickering College was built have remained constant.

4 COMPASSION

4 COMMUNITY

4 INTEGRITY

4 RESPECT

4 RESPONSIBILITY

OUR VISIONTo be a school that develops citizens who becomeethical, compassionate, values-based decision-makers,determined to make the world a better place, understanding their responsibility to serve society and knowing the future is theirs to create.

OUR MISSIONTo be a leader in education, inspiring individuals to become enlightened citizens who meet high standards for lifelong growth and learning.

Our students exemplify Quaker values, gaining the vision, courage and skills to make their community greater, better and more beautiful than they discovered it.

Pickering College, 16945 Bayview Avenue

Newmarket, ON L3Y 4X2 Canada

Web: www.pickeringcollege.on.ca

Email: advancement@pickeringcollege.on.ca

Voice: 905-895-1700

Fax: 905-895-8916