2024-2025
Report of Giving
The foundation of any strong philanthropic community is broad participation. Everyone has a role in our community’s success.”
Thanks to our Generous Donors
Volunteers
We gratefully recognize our volunteers who share their talents with our students and the school community.So much of our progress, growth and success is due to the alumni, parents, employees, […]
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Restricted Giving and Gifts in Kind
Restricted gifts are discussed in partnership with the donor and the school to provide funding for specific needs. This enables generous parents, alumni and friends to contribute to an agreed-upon […]
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The Bell Society
The Bell Society honors 351 past, present and future donors who have crafted planned gifts, including bequest intentions, beneficiary designations, charitable gift annuities and charitable trusts, among others, that energize […]
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Planned Gifts
Planned gifts — through a will, retirement fund, charitable gift annuity, trust, or real estate — are a meaningful way to shape Peddie’s future and support generations of students to […]
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Current Parent Giving by Class
We are grateful to our passionate parents of both current students and alumni who strengthen our school community. Through their philanthropic support, parents sustain and enliven the student experience while […]
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Alumni Giving
Consistent alumni giving is the single most influential factor in any leading educational institution’s long-term success; increasing alumni giving directly impacts Peddie’s ability to deliver a high-quality experience for Peddie […]
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Loyal Donors
We are grateful to our loyal donors who strengthen our school community through their philanthropic support. Through their dedication and commitment, loyal donors sustain and enrich the student experience, providing […]
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Endowment and Capital Giving
Gifts to Peddie’s endowment provide a permanent source of income for priorities that are essential to the school and not covered by tuition. All capital projects are funded by philanthropy […]
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Total Giving
As we continue to raise the bar for excellence in teaching and learning, we offer our abundant thanks to our leadership donors. The following donors have made cash gifts, planned […]
ReadThe Peddie Fund
We are Grateful to Our Peddie Fund Donors
A RECORD-BREAKING YEAR FOR THE PEDDIE FUND!
$2.6 million raised in 2023-2024
Thank you for helping us to accelerate our progress toward building a stronger version of Peddie and keeping Peddie steady in the years ahead.
5% OF REVENUE
The Peddie Fund supports 5% of our expenses.
Most of our peer schools have annual funds that fund 10% of their expenses. A stronger Peddie Fund will accelerate our progress toward building a stronger version of Peddie and enhance our ability to meet immediate needs without drawing extensively on the endowment. Every gift makes a difference!
INCREASED GIVING = INCREASED IMPACT
Right now, Peddie is working to provide a more competitive athletic program, access to the Signature Experience, support for off-campus trips and support for Robotics – all of which are not fully funded by the endowment and rely on increased support from The Peddie Fund each year. Your gifts to The Peddie Fund support increased staffing costs, travel opportunities and much-needed equipment. In the near future, we will likely have athletic field projects, dorm renovations and more.
2024-2025 Total Giving Highlights
31%
of our donors
increased their giving.
Average gift = $2,222
TOP 5
classes with the highest number of donors: 1999, 2012, 1971, 2010 and 2000.
87%
of our donors support
The Peddie Fund.
Thank you!
2,571
gifts under $1,000 = $294,684
Every gift counts!
169
donors with recurring
gifts set to automatically donate each year.
551
gifts over $1,000
totaling $6,643,089
Total Giving Participation
1,639
total donors in FY25
100%
Board of Trustees
12%
Alumni
48%
Current Parents
Impact Stories
A Shared Vision
Head of School Jim Hamilton reflects on the importance of consistently strong philanthropy and engagement. […]
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Scholars and Athletes
In 2015, Peddie learned that Kerry Fitzpatrick ’57 had created a trust to establish the Kerry B. Fitzpatrick ’57 Endowed Scholarship Fund. […]
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Half My Life
Jeff Larsen ’93 made a lead commitment in spring 2025 to establish the Brian P. Davidson Endowed Fund for Advising. […]
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Showing Up
For Andrew Scrivani ’00, giving back isn’t about grand gestures or big headlines — it’s about showing up. […]
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A Lovely Echo
Gwyneth Connell’s ’96 desire to support Peddie is rooted in her gratitude for the teachers who taught her in the 90s, as well as for the faculty who are at Peddie today. […]
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A Message from Peddie's Head of School and Assistant Head for Development
Dear Friends,
We are deeply grateful to you for continuing to inspire and empower Peddie with your spirit of generosity.
As a community, that spirit is reflected in the way we live with purpose and share common values, friendships and laughter. It’s evident in our commitment to one another and in our drive to strengthen the communities around us. Our very own Ala Viva shines through the Peddie experience — one that truly changes lives for a lifetime.
Thank you for fueling that spirit. Last year, with gifts ranging from $1 to over $1 million, you and thousands of other donors helped raise $9.5 million, with 87% of donors supporting The Peddie Fund, the school’s highest priority. Donors established three new endowed funds and supported 53 of the 187 existing endowed funds. Remarkably, in FY25, 31% of donors increased their giving.
Over the past three decades, the endowment has been our largest source of funding beyond tuition, growing from $11 million to over $493 million — thanks to the generosity of many of you. The Peddie Fund has also grown significantly, from $527,838 in 1993 to $2.7 million in annual giving.
As we look to the future, one thing is clear: gifts to The Peddie Fund, endowment, and capital projects will be essential in shaping future possibilities. The Peddie Fund ensures that our shared commitment to excellence is not just an aspiration, but a lived experience — for every student, every day.
Together, we can build an even stronger culture of philanthropy and engagement at Peddie. Your partnership and generosity change trajectories and shape futures.
We’re truly grateful and deeply appreciate your support of this amazing community.
James A. Hamilton
The Thomas DeGray Head of School
Karyn B. Vella P'21 '24
Assistant Head for Development
The Financial Picture: An Overview
The endowment and The Peddie Fund continue to have a transformative impact on the support Peddie
is able to provide current and future students, as well as faculty and staff.
During fiscal year 2024-25, Peddie continued to maintain its financial stability through a careful deployment of our resources towards initiatives that benefit the living and learning experience for our students. During fiscal year 2024–25, Peddie maintained financial stability by carefully directing resources toward initiatives that enhance the living and learning experience for our students. The year brought ongoing challenges, including food inflation, extreme geopolitical uncertainties, swings in financial markets and growing demand for financial assistance. In response, Peddie refined its spending priorities, implementing stronger cost-control measures while upholding our long-standing commitment to access. This work was guided by a Board-approved long-term financial plan, regularly tested against adverse economic conditions to ensure the school’s continued financial viability.
The importance of philanthropy to Peddie’s success cannot be overstated. Between July 1, 2024 and June 30, 2025, Peddie secured gifts of $6,947,774. Of this, $2,449,747 was directed to The Peddie Fund for current-use unrestricted support, and $4,498,027 went to a variety of endowed, capital and restricted funds.
Thanks to the generosity of past donors, endowment distributions this year made up a major source of operating revenues at 34.5% of the total, and current-use gifts to The Peddie Fund represented over 5% of revenues.
Each year, current-use unrestricted gifts to The Peddie Fund empower the school to stay agile, forward-thinking, and responsive to emerging needs. These gifts touch every corner of campus life including faculty salaries, financial aid, student life, athletics and the arts — ensuring that every student can have the full Peddie experience.
Peddie had a strong fiscal year 2025. Compared to fiscal 2024, the overall operating revenue increased by 2% to $46.2 million, while net tuition increased by 4% to $27.2 million. Rising personnel costs, higher food and utility prices caused our operating expenses to increase by 7% to $45.7 million.
Peddie’s endowment was valued on June 30, 2025 at a record high of $493 million. The endowment continues to be stewarded by an effective and engaged Investment Committee, which works with an external advisory partner to achieve diversification across asset classes, geographies and industries, and prudent risk management. The returns from the endowment alone contribute just over $30,000 per student and support one-third of our operating budget. Looking forward, achieving Peddie’s visionary strategic objectives will require continued fiscal prudence and significant new resources, including current-use unrestricted support.
Revenue
55%
Tuition and Fees
33%
Endowment Income
6%
Auxiliary Enterprises
5%
Current-Use Unrestricted (The Peddie Fund)
1%
Other
Expenses
74%
Program Support
12%
Institutional Support
8%
Auxiliary Enterprises
6%
Fundraising
Fundraising
51%
New Endowment Gifts and Pledges
26%
New Current-Use Unrestricted Gifts and Pledges
19%
New Capital Gifts and Pledges
4%
New Restricted Gifts and Gifts Pending Designation
About Peddie
The Office of Alumni and Development
Karyn B. Vella P’21 ’24
Assistant Head for Development
kvella@peddie.org
Amy E. Cabot
Director of Gift Planning and Leadership Giving Officer
acabot@peddie.org
Jodi Nelson-Desai P’24 ’27
Assistant Director of The Peddie Fund and Family Giving
jdesai@peddie.org
Katherine Grant
Director of The Peddie Fund and Family Giving
kgrant@peddie.org
Laura-Lee Hensle Radtke ’92
Director of Special Events
lradtke@peddie.org
Paula D. Jones P’27
Office Manager and Special Project Coordinator
pjones@peddie.org
Lynn M. Klionsky
Development Operations Coordinator
lklionsky@peddie.org
Shannon Kortmann Madden ’13
Associate Director of Leadership Giving and Digital Strategy Specialist
smadden@peddie.org
Nina Lauer
Gift Planning Administrator
nlauer@peddie.org
Tara J. McCartney
Associate Director of Alumni Engagement & Stewardship
tmccartney@peddie.org
Bridgette McKnight ’10
Associate Director of Engagement and Reunions
bmcknight@peddie.org
Dina Schwab
Director of Engagement and Stewardship
dschwab@peddie.org
Lauren Sorrento
Senior Manager of Data Operations
lsorrento@peddie.org
Peddie is pleased to recognize donors who made gifts and pledges to Peddie between July 1, 2024 and June 30, 2025. To learn more about ways to support Peddie, visit peddie.org/support.
We strive to present an accurate depiction of our donors’ intent. In the event of any errors or omissions, please contact Karyn B. Vella P’21 ’24, assistant head for development, at kvella@peddie.org.
The Report of Giving is produced by the Alumni & Development and Strategic Marketing & Communications departments.
Board of Trustees
As we celebrate our past successes and look to begin our labors anew, we honor the following trustees who demonstrate a deep commitment to furthering our school’s mission. As of July 1, 2025, members of the Peddie Board of Trustees are as follows:
TRUSTEES 2025–2026
Douglas E. Davidson ’64, Chair
Roger Durling ’82, Vice Chair
Mitka T. L. Baker ’96
Chetan Bhargiri P’24
Allison B. Davi ’02
Brian M. DiFeo ’96
Heather McCarthy Drstvensek ’97
Jean Minskoff Grant
James A. Hamilton
Christine Hayden P’25 ’28
Patrick J. Horgan ’84
Stuart H. Kerr ’73
Robert B. Kugler ’68
Benjamin Levy ’00
Michael L. Li ’17
Mitchell G. Mackler ’84
Sara L. McGinty ’96
Hari Moorthy P’22 ’25
Sunanda Nair-Bidkar P’20 ’22
Ndiya D. Nkongho ’95
Sheryl J. Oliver P’17 ’19
Ashish B. Patel ’95
Robert J. Ruberton ’93
Bernadette Schmidinger-Brown ’01
Michael D. Smith ’79
Timothy H. Starkey ’96
Patricia Garcia Sullivan P’17
Chavon T. Sutton ’99
Sarah E. Venanzi
Stephanie Brisbin Warren ’95
Sean N. Woodroffe P’19
Shenghong “Jonathan” Zhou P’24 ’26
CHAIR EMERITI
Christopher J. Acito ’85
Elizabeth S. Silverman P’03 ’10
TRUSTEE EMERITI
Michael R. Armellino ’57 GP’19
Alfred P. DiCenso ’52 P’89
Roy D. Grossman ’70
Terry W. Hensle ’60 P’92
J. Robert Hillier
Robert M. Kaye ’54
ADVISORY TRUSTEES
Arthur E. Brown ’63
Stephen L. Brown ’57 P’95
Roger J. Burns ’63
Karen C. Buroojy P’07
Susan W. Caldwell ’80 P’12
George C. Chen ’84
Patrick W. Dennis ’98
Edward C. Dippold ’81 P’12
Jeffrey D. Enslin ’84 P’14
Gabriel A. Galindo ’59 P’98 ’01
Domingo Garcia P’17 ’20 ’23
Bernard M. Goldsmith ’62 P’83 GP’12 ’15 ’18
Roger B. Hansen ’61 P’91
Ralph Izzo P’15
Jeffrey R. Larsen ’93
Kevin L. MacMillan ’93 P’26
Linda C. Marshall ’81
Wight Martindale ’80 P’16 ’18 ’20
David B. Mitchell ’63
Hal L. Rubin ’57
Anne L. Seltzer P’88
Gregory K. Smith ’85
P Parent GP Grandparent