CHSAA Official Documents - Archbishop Carroll High School

Alumni Association Proceeds

The mission of the Archbishop Carroll High School Alumni Association is to develop, strengthen and preserve the past, present and future relationships of the Carroll High School community.

Proceeds from the Alumni Association help provide opportunities for alumni, further the advancement of Carroll, and provide Archbishop Carroll High School scholarships to current students.

Fiscal Years 2024-2026

FY24 (2023-2024)

Beginning Balance: $17,136
Total Net Income: $37,030
Amount Distributed: $32,500
- CHSAA scholarships: $7,500
- Gift to Carroll: $25,000
  - $25,000 for the gym lobby exterior doors, security films/door window art wrap, plus the main gym mats

FY25 (2024-2025)

Beginning Balance: $21,666
Total Net Income: $38,894
Amount Distributed: $41,338
- CHSAA scholarships: $7,500
- Archive area: $38
- Wall of Fame Kiosk 5-year warranty: $1,800
- Gift to Carroll: $32,000
  - $32,000 for the spirit shop renovation and spirit shack electricity

FY26 (2025-2026)

Beginning Balance: $19,222
Total Net Income:
Amount Distributed: $
- CHSAA scholarships: $7,500
- Gift to Carroll:

Fiscal Years 2021-2023

FY21 (2020-2021)

Beginning Balance: $15,656
Total Net Income: $24,222
Amount Distributed: $19,426
- CHSAA scholarships: $7,500
- Gift to Carroll: $11,926
  - $11,926 towards Wall of Fame Kiosk Display in Main Gym Lobby

FY22 (2021-2022)

Beginning Balance: $20,452
Total Net Income: $31,510
Amount Distributed: $30,529
- CHSAA scholarships: $7,500
- Gift to Carroll: $23,029
  - $23,029 towards main gym stage curtains/scenery roller

FY23 (2022-2023)

Beginning Balance: $21,432
Total Net Income: $30,574
Amount Distributed: $34,870
- CHSAA scholarships: $7,500
- Wall of Fame Kiosk Uploading Fee: $1,750
- Gift to Carroll: $25,620
  - $25,620 to refinish main gym floor

Fiscal Years 2018-2020

FY18 (2017-2018)

Beginning Balance: $9,662
Total Net Income: $18,395
Amount Distributed: $19,000
- CHSAA scholarships: $7,500
- Gift to Carroll: $11,500
  - $10,000 towards the library renovation project
  - $1,500 towards the Archbishop Carroll High School Archives project

FY19 (2018-2019)

Beginning Balance: $9,935
Total Net Income: $27,006
Amount Distributed: $23,307
- CHSAA scholarships: $7,500
- Gift to Carroll: $15,807
  - $15,000 towards Carroll's capital campaign projects
  - $807 towards the Archbishop Carroll High School Archives project

FY20 (2019-2020)

Beginning Balance: $13,634
Total Net Income: $19,660
Amount Distributed: $17,638
- CHSAA scholarships: $7,500
- Gift to Carroll: $10,138
  - $10,000 towards unrestricted Archbishop Carroll High School COVID-19 program losses
  - $138 towards the Archbishop Carroll High School Archives project

Fiscal Years 2015-2017

FY15 (2014-2015)

Beginning Balance: $23,579
Total Net Income: $18,431
Amount Distributed: $25,000
- CHSAA scholarships: $5,000
- Gift to Carroll: $20,000
  - $20,000 to be used towards new student desks in classrooms

FY16 (2015-2016)

Beginning Balance: $17,010
Total Net Income: $12,658
Amount Distributed: $17,675
- CHSAA scholarships: $6,250
- Gift to Carroll: $11,425
  - $8,000 to be put aside for future gym cooling system project
  - $3,425 for Alumni HOF Awards Display Case/Repair of Athletic HOF Display Case

FY17 (2016-2017)

Beginning Balance: $11,994
Total Net Income: $15,168
Amount Distributed: $17,500
- CHSAA scholarships: $7,500
- Gift to Carroll: $10,000
  - $10,000 to add to the 2017 gym cooling system project

Fiscal Years 2012-2014

FY12 (2011-2012)

Beginning Balance: $10,901
Total Net Income: $17,073
Amount Distributed: $14,000
- CHSAA scholarships: $4,000
- Gift to Carroll: $10,000
  - $10,000 towards a new training room

FY13 (2012-2013)

Beginning Balance: $13,974
Total Net Income: $17,799
Amount Distributed: $18,000
- CHSAA scholarships: $5,000
- Gift to Carroll: $13,000
  - $13,000 towards the renovation of the ground floor restrooms near the band room and cafeteria

FY14 (2013-2014)

Beginning Balance: $13,773
Total Net Income: $21,517
Amount Distributed: $11,710
- CHSAA scholarships: $6,250
- Gift to Carroll: $5,460
  - $5,460 to complete the balance on restroom renovations. CHSAA decided to save additional money to be used the following year (FY15).

Fiscal Years 2009-2011

FY09 (2008-2009)

Beginning Balance: $13,942
Total Net Income: $12,020
Amount Distributed: $21,100
- CHSAA scholarships: $2,500
- Gift to Carroll: $18,600
  - $17,000 to upgrade servers/computers/monitors
  - $1,600 to purchase Alumni HOF Awards Display Case

FY10 (2009-2010)

Beginning Balance: $4,862
Total Net Income: $11,227
Amount Distributed: $9,000
- CHSAA scholarships: $4,000
- Gift to Carroll: $5,000
  - $5,000 towards the cost of the school's new website

FY11 (2010-2011)

Beginning Balance: $7,089
Total Net Income: $15,462
Amount Distributed: $11,650
- CHSAA scholarships: $4,000
- Gift to Carroll: $7,650
  - $6,000 towards tuition assistance for current CHS students
  - $1,650 for Alumni HOF Awards Display Case

Fiscal Years 2006-2008

FY06 (2005-2006)

Beginning Balance: $35,869
Total Net Income: $13,320
Amount Distributed: $35,500
- CHSAA scholarships: $2,500
- Gift to Carroll: $33,000
  - $25,000 towards tuition assistance for current CHS students
  - $8,000 towards the Reflections magazine

FY07 (2006-2007)

Beginning Balance: $13,688
Total Net Income: $15,803
Amount Distributed: $16,000
- CHSAA scholarships: $2,000
- Gift to Carroll: $14,000
  - $14,000 to replace various computers, new chairs and ventilation improvements in labs

FY08 (2007-2008)

Beginning Balance: $13,491
Total Net Income: $16,451
Amount Distributed: $16,000
- CHSAA scholarships: $2,000
- Gift to Carroll: $14,000
  - $14,000 to renovate the women's ground floor/public restroom

Beginning in Fiscal Year 2011, the Alumni Association worked to increase our ending fund balance to ensure the continuation of scholarship funding for two years in the unfortunate event that the Alumni Association ceased to exist. The goal was to maintain an ending balance that is the equivalent of double the amount of the current tuition rate at Archbishop Carroll High School. Our plan was to meet the goal in three fiscal years and we are happy to report that we met our goal in Fiscal Year 2014. We hope to continue to maintain fiscal stability so that we can continue to provide scholarship funding to Carroll students and return over 95% of our annual net income to the school in the form of scholarships or by funding other school projects.