Ten Markers of Success for data collection years

Ten Markers of Success (for data collection years: 2008 -09 and 2009 -2010) Defining Goals for Schools by Using Data Proxies as “Dashboard Indicators”

Methodology Notes § The Following slides present statistics calculated from the Stats. Online surveys collected in 2008 -2009 and 2009 -2010 § In order to collect accurate data during the summer/fall of the current school year, Stats. Online uses some statistics belonging to the previous fiscal year and others to the current fiscal year as follows: – From the previous fiscal year: a) Applications per Acceptance; Attrition; Giving; Professional Development and Technology Budget; and Endowment Statistics – From the current fiscal year: Teachers Salaries; Tuition; Financial Aid; and Full-Time Equivalent Staffing (FTE) Statistics

1 st Marker of Success: Market Demand Number of applications per acceptances measures the market’s perception of the school’s “brand” (high ratio a proxy for reputational value), the higher the ratio, the greater the pricing/tuition) flexibility Day Schools 2008 -2009 Boarding Schools 2008 -2009 Percentile(25) 1. 3 Percentile(25) 1. 4 Percentile(50) 1. 6 Percentile(50) 1. 8 Percentile(75) 2. 2 Percentile(75) 2. 4 Percentile(90) 3. 6 Day Schools 2009 -2010 Boarding Schools 2009 -2010 Percentile(25) 1. 2 Percentile(25) 1. 3 Percentile(50) 1. 5 Percentile(50) 1. 6 Percentile(75) 1. 9 Percentile(75) 2. 1 Percentile(90) 2. 8 Percentile(90) (Years mentioned are data collection years) 3. 1

2 nd Marker of Success: Low Attrition Low annual student attrition measures stability of school and satisfaction of parents (low percent a proxy for high stability and satisfaction) Attrition Day Schools: 2008 -09 Attrition Boarding Schools: 2008 -09 Percentile(25) 5. 0 Percentile(25) 5. 4 Percentile(50) 7. 9 Percentile(50) 9. 8 Percentile(75) 12. 4 Percentile(75) 17. 5 Percentile(90) 18. 6 Percentile(90) 26. 1 Attrition Day Schools : 2009 -10 Attrition Boarding Schools: 2009 -10 Percentile(25) 5. 9 Percentile(25) 6. 1 Percentile(50) 9. 2 Percentile(50) 10. 1 Percentile(75) 13. 8 Percentile(75) 17. 0 Percentile(90) 18. 6 Percentile(90) (Years mentioned are data collection years) 25. 5

3 rd Marker of Success: Giving (Day) Generous giving measures constituent loyalty (generosity as a proxy for high support and attributed effectiveness) 2008 -09 Alumni % Parent % Trustee % Alumni Avg Gift Parent Avg Gift Trustee Average Gift Percentile(25) 4% 48% 93% $135 $556 $2, 007 Percentile(50) 9% 64% 100% $271 $916 $3, 670 Percentile(75) 17% 80% 100% $447 $1, 508 $6, 288 Percentile(90) 29% 91% 100% $692 $2, 388 $10, 667 Alumni Avg Gift Parent Avg Gift Trustee Average Gift 2009 -10 Alumni % Parent % Trustee % Percentile(25) 4% 49% 93% $137 $508 $1, 936 Percentile(50) 8% 64% 100% $261 $860 $3, 804 Percentile(75) 16% 79% 100% $427 $1, 438 $6, 228 Percentile(90) 27% 91% 100% $612 $2, 208 $10, 486 (Years mentioned are data collection years)

3 rd Marker of Success: Giving (Boarding) Generous giving measures constituent loyalty (generosity as a proxy for high support and attributed effectiveness) 2008 -09 Alumni % Parent % Trustee % Alumni Avg Gift Parent Avg Gift Trustee Average Gift Percentile(25) 9% 32% 87% $304 $711 $3, 067 Percentile(50) 17% 51% 100% $439 $1, 136 $6, 334 Percentile(75) 27% 69% 100% $645 $1, 771 $10, 306 Percentile(90) 39% 81% 100% $988 $3, 048 $18, 454 Alumni Avg Gift Parent Avg Gift Trustee Average Gift 2009 -10 Alumni % Parent % Trustee % Percentile(25) 8% 28% 87% $268 $688 $2, 912 Percentile(50) 15% 48% 96% $443 $1, 166 $5, 455 Percentile(75) 24% 65% 100% $605 $1, 699 $11, 076 Percentile(90) 36% 78% 100% $875 $2, 647 $18, 814 (Years mentioned are data collection years)

4 th Marker of Success: Faculty Salaries (Day) Competitive Faculty Salaries: measures a school’s capacity to attract, keep, and reward high quality faculty (salaries a proxy for competitiveness in recruitment and high quality teachers) 2008 -09 Percentile(25) Percentile(50) Percentile(75) Highest $60, 961 $72, 000 $86, 000 Median $42, 284 $49, 042 $57, 000 Lowest $31, 037 $35, 325 $41, 000 Percentile(90) $101, 220 $67, 262 $46, 563 2009 -10 Percentile(25) Percentile(50) Percentile(75) Highest $61, 644 $73, 394 $87, 588 Median $42, 925 $50, 134 $58, 500 Lowest $31, 809 $36, 000 $41, 624 Percentile(90) $105, 106 $68, 538 $47, 205 (Years mentioned are data collection years)

4 th Marker of Success: Faculty Salaries-Boarding Competitive Faculty Salaries: measures a school’s capacity to attract, keep, and reward high quality faculty (salaries a proxy for competitiveness in recruitment and high quality teachers) 2008 -09 Percentile(25) Percentile(50) Percentile(75) Highest $55, 000 $67, 500 $83, 547 Median $36, 533 $43, 100 $52, 814 Lowest $25, 719 $29, 166 $34, 260 Percentile(90) $96, 873 $59, 900 $40, 000 2009 -10 Percentile(25) Percentile(50) Percentile(75) Highest $54, 688 $67, 750 $84, 276 Median $36, 554 $43, 750 $53, 501 Lowest $25, 565 $29, 445 $34, 134 Percentile(90) $98, 180 $60, 261 $38, 830 (Years mentioned are data collection years)

5 th Marker of Success: Tuitions Lower percentile/low tuition (a proxy for comparative “affordability” & competing on price); higher percentile/ high tuition (a proxy for competing on brand) Day Schools Avg. Tuition Day School 1 Year%Change Boarding Sch Avg. Tuition Boarding School 1 Year%Change Percentile(25) $13, 188 4. 9% $34, 943 3. 1% Percentile(50) $16, 659 4. 5% $39, 363 5. 0% Percentile(75) $21, 327 4. 5% $41, 729 6. 0% Percentile(90) $27, 074 4. 6% $43, 148 6. 0% Day Schools Avg. Tuition Day School 1 Year%Change Boarding Sch Avg. Tuition Boarding School 1 Year%Change Percentile(25) $13, 839 4. 9% $36, 250 3. 7% Percentile(50) $17, 532 5. 2% $40, 890 3. 9% Percentile(75) $22, 418 5. 1% $43, 400 4. 0% $28, 444 5. 1% $44, 815 (Years mentioned are data collection years) 3. 9% 2008 -09 2009 -10 Percentile(90)

6 th Marker of Success: Financial Aid - Day A substantial proportion of students receiving financial aid measures a school’s commitment to diversity (financial aid a proxy for socio-economic diversity) and/or a tuition discounting strategy for full enrollment 2008 -09 Percentile(25) Percentile(50) Percentile(75) Percentile(90) 2009 -10 Percentile(25) Percentile(50) Percentile(75) Percentile(90) Students on Tuition Assistance as % of Enrollment Tuition Assistance as % of Day Tuition 15. 2% 20. 9% 29. 1% 38. 9% 44. 5% 55. 2% 65. 1% 74. 3% Students on Tuition Assistance as % of Enrollment Tuition Assistance as % of Day Tuition 17. 1% 24. 0% 33. 0% 43. 9% 43. 1% 54. 5% 64. 1% 72. 6% (Years mentioned are data collection years)

6 th Marker of Success: Financial Aid-Boarding A substantial proportion of students receiving financial aid measures a school’s commitment to diversity (financial aid a proxy for socio-economic diversity) and/or a tuition discounting strategy for full enrollment 2008 -09 Percentile(25) Percentile(50) Percentile(75) Percentile(90) 2009 -10 Percentile(25) Percentile(50) Percentile(75) Percentile(90) Students on Tuition Assistance as % of Enrollment Tuition Assistance as % of Boarding Tuition 25. 8% 33. 2% 44. 0% 54. 3% 34. 2% 48. 4% 59. 5% 69. 9% Students on Tuition Assistance as % of Enrollment Tuition Assistance as % of Boarding Tuition 28. 2% 36. 8% 47. 1% 58. 1% (Years mentioned are data collection years) 35. 3% 49. 5% 60. 8% 71. 5%

7 th Marker of Success: High Productivity-Day Comparatively high student: faculty and student: total staff ratios (percentiles): measure high workload productivity (a proxy for institutional efficiency); low productivity/ratios (a proxy for competing on brand or program not price) 2008 -09 Students : FTE Faculty Students : FTE ALL Staff Percentile(25) 7. 5 4. 6 Percentile(50) 8. 7 5. 3 Percentile(75) 10. 1 6. 4 Percentile(90) 11. 3 7. 3 2009 -10 Students : FTE Faculty Students : FTE ALL Staff Percentile(25) 7. 6 4. 6 Percentile(50) 8. 8 5. 3 Percentile(75) 10. 2 6. 2 Percentile(90) 11. 5 7. 0 (Years mentioned are data collection years)

7 th Marker of Success: High Productivity-Boarding Comparatively high student: faculty and student: total staff ratios (percentiles): measure high workload productivity (a proxy for institutional efficiency); low productivity/ratios (a proxy for competing on brand or program not price) 2008 -09 Students : FTE Faculty Students : FTE ALL Staff Percentile(25) 6. 3 2. 4 Percentile(50) 7. 4 3. 0 Percentile(75) 8. 4 4. 2 Percentile(90) 9. 6 5. 6 2009 -10 Students : FTE Faculty Students : FTE ALL Staff Percentile(25) 6. 1 2. 4 Percentile(50) 7. 5 2. 9 Percentile(75) 8. 7 3. 8 Percentile(90) 9. 8 (Years mentioned are data collection years) 5. 0

8 th Marker of Success: Funding Prof Dev & Tech- Day Significant budget for professional development and technology: measures commitment to human resources and innovation (a proxy for investment in supporting a high-quality learning environment). 2008 -09 Prof Development as % of Expenses Technology Budget as % of Expenses Percentile(25) 0. 47% 0. 62% Percentile(50) 0. 71% 1. 05% Percentile(75) 0. 99% 1. 65% Percentile(90) 1. 29% 2. 41% Prof Development as % of Expenses Technology Budget as % of Expenses 2009 -10 Percentile(25) 0. 39% 0. 60% Percentile(50) 0. 61% 1. 01% Percentile(75) 0. 86% 1. 65% Percentile(90) 1. 17% (Years mentioned are data collection years) 2. 34%

2008 -09 8 th Marker of Success: Funding Prof Dev & Tech- Boarding Significant budget for professional development and technology: measures commitment to human resources and innovation (a proxy for investment in supporting a high-quality learning environment). Prof Development as % Technology Budget as % of Expenses Percentile(25) 0. 32% 0. 66% Percentile(50) 0. 49% 1. 20% Percentile(75) 0. 70% 1. 82% Percentile(90) 0. 94% 2. 61% Prof Development as % of Expenses Technology Budget as % of Expenses 2009 -10 Percentile(25) 0. 26% 0. 75% Percentile(50) 0. 40% 1. 16% Percentile(75) 0. 61% 1. 75% Percentile(90) 0. 92% (Years mentioned are data collection years) 2. 32%

9 th Marker of Success: Endowment - Day Growing endowment: measures commitment to financial security (a proxy for inter-generational equity and long-term stability). 2008 -09 Endowment Value Endowment per Student Value Percentile(25) $1, 379, 789 $3, 794 Percentile(50) $4, 853, 810 $10, 721 Percentile(75) $15, 103, 881 $25, 993 Percentile(90) $35, 512, 368 $50, 509 Endowment per Student Value 2009 -10 Endowment Value Percentile(25) $1, 123, 728 $3, 102 Percentile(50) $3, 853, 836 $9, 339 Percentile(75) $11, 935, 669 $19, 971 Percentile(90) $27, 342, 579 (Years mentioned are data collection years) $39, 818

9 th Marker of Success: Endowment - Boarding Growing endowment: measures commitment to financial security (a proxy for inter-generational equity and long-term stability). 2008 -09 Endowment Value Endowment per Student Value Percentile(25) $4, 075, 892 $15, 872 Percentile(50) $14, 831, 665 $44, 935 Percentile(75) $44, 654, 304 $109, 199 Percentile(90) $113, 750, 125 $295, 087 Endowment per Student Value 2009 -10 Endowment Value Percentile(25) $2, 708, 421 $12, 535 Percentile(50) $11, 032, 719 $41, 458 Percentile(75) $37, 581, 369 $85, 995 Percentile(90) $102, 775, 000 (Years mentioned are data collection years) $265, 450

10 th Marker of Success: Student Outcomes Student outcomes measure overall success of mission (persistence and graduation rates a proxy for effective preparation academically and constitutionally to succeed in future competitive academic environments) Metrics and Tools To Measure Student Outcomes • Normative Testing (SATs, ERBs, APs, IBs, etc. ) • Formative Testing (ERBs, MAP, CWRA, etc. ) • Demonstrations of Learning (e-Portfolios) • Matriculation to academically competitive secondary schools and colleges • Graduation from 4 -year colleges within six years (NELS) • High School Survey of Student Engagement (HSSSE) • Transcripts/Self-reporting on preparation for and success in college (NAIS Young Alumni Survey; UCLA/HERI Annual College Freshmen Survey)