Board of Directors Susan Augsburger 80 Donna M. Dill 62 Marianne Freiling 70 Susan Geldmacher Sr. Charlene Grieshaber, CPPS 57 Thomas B.

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2007 Graduates give mascot costume as senior gift. Joy of Graduation. SEA scores 43 out of possible 45 points in: Critical Thinking, Technology, and Writing Strengths Noted: Clear Understanding of Goals Commitment to Academically Stretch Students Faculty Commitment to Life Long Learning Variety of Assessment Strategies Board of Directors Susan Augsburger 80 Donna M. Dill 62 Marianne Freiling 70 Susan Geldmacher Sr. Charlene Grieshaber, CPPS 57 Thomas B. Hayes Valedictorian Yun Kyung Lee (r) and Salutatorian Gayle Schneider. North Central Evaluation Variety of Intervention Techniques for Learning Sandy Hosack George J. Kerry Jane F. Keuss 65 Jerome F. Larson Thomas F. Maher Sr. Marie Orf, CPPS 2006-2007 Highlights and Accomplishments Empowering Women in Science grant encourages students to pursue scientific careers. Biology Lab and Lecture Hall upgraded as part of EWIS grant. SMARTboard labs and carts promote technology proficiency. College credit courses are available to eligible students. Marine Biology Course held in Florida allows students to apply their knowledge beyond the classroom walls. SEA Orchestra and Chorus earned First Place for the 3rd year running in Music in the Parks Festival. SEA Jazz Band earned honors in Music in the Parks Festival. Bridge Program orients incoming Freshmen to high school expectations. North Central Committee reports St. Elizabeth Academy has made tremendous strides to position themselves as a united, focused educational community ready to move forward. Annual Fund surpasses $100,000 goal. SEA Giving Tree erected to recognize donors who contribute an annual cumulative donation of $1000 or more. 125th Anniversary celebrated by Students, Parents, Faculty and Alumnae. 2007 Auction raised over $400 per student. 2006 Golf Tournament profits double. Alumnae Room redecorated and Heritage Gallery and Victorian Parlor created to highlight SEA s history. Political dignitaries and 500 people attended SEA Open House and Flag Raising Ceremony. Mother Daughter Luncheon Fashion Show highlighted 125 years of SEA fashions. Heritage Gallery used for class projects. Check out the www.stelizabethacademy.org website. Class of 2007 $900,000 + in Scholarship Awards 95% will attend College or University Scholarships awarded from: Washington Univ., St. Louis College of Pharmacy, Loyola Univ., Maryville Univ., Fontbonne Univ., Webster Univ., SLU, Rockhusrt Univ., SIUE, OSU, UMSL, Brescia Univ., McKendree College, Harris-Stowe State Univ., Mo. State, SEMO. David H. Phillips Rev. Frank Reale, S.J. Patti Rosenthal Sr. Rosemary Russell, CPPS Sr. Rosalie Wisniewski, OSF 2 Annual Report 2006-2007

Letter from the Principal Dear Friends, September 2, 2007 marks the 125th Anniversary of St. Elizabeth Academy. The enduring success of St. Elizabeth Academy is attributable to the faithfulness of the Sisters of the Most Precious Blood to their mission, their foresight and their ability to respond to the evolving needs of young women in a global society. As we continue to embrace the mission of the Sisters, we are called to look beyond our125 years of celebrated history. The profession of teaching is ever-changing. New research on teaching gives professionals insights into the impact of gender and culture on thinking and learning. We must prepare our students for global citizenship. The needs and demands of our world will dictate the knowledge and skills our students must possess in order to succeed. St. Elizabeth Academy and the Sisters of the Most Precious Blood are committed to making all administrators, faculty and staff accountable for implementing best practices of teaching in the classroom. Best practices, however, require continued improvements to our school, especially in the areas of science and technology. We have completed Phase I of the Empowering WomenInScience Project, the total renovation of the Biology Lab, and look forward to the renovation of the Chemistry Lab in 2008. The mission of St. Elizabeth Academy mandates that our graduates will communicate effectively, analyze and apply information using appropriate technology. In an effort to realize this mission we are delighted to announce that St. Elizabeth Academy will have a new Media Lab and intra broadcast station for the 2007-2008 school year. We are committed to giving our students expanded opportunities for learning, including on-line courses and more unique classes for authentic learning. Our global economy places a premium on creative and innovative skills. The ability to think across academic disciplines combined with a high level of competence in the traditional academics will prepare our students for the challenges of the 21st century. As St. Elizabeth Academy goes beyond 125 years, the mission, to make academic success an attainable goal for girls who have a wide range of abilities and come from diverse economic backgrounds, must be carried forward. Although the cost of Catholic education continues to rise, St. Elizabeth Academy is committed to making Catholic education accessible to all segments of our population. The St. Elizabeth Academy Scholarship Fund continues to support this endeavor and continues to give countless young women the opportunity of a lifetime. St. Elizabeth Academy and the Sisters of the Most Precious Blood are committed to a first choice school, known for following the gospel values of Jesus Christ, consistent in academic excellence, and developing the successful woman inside each girl. The urban location of St. Elizabeth Academy and its willingness to be a diverse community provides our students with a unique opportunity to form a strong collaboration of women, who appreciate, respect and understand the obstacles that prevent us from becoming a truly global community. On behalf of the Sisters of the Most Precious Blood, our faculty, staff and the students we serve I extend heartfelt gratitude to our benefactors for the continued belief in the mission of St. Elizabeth Academy. Your generosity mirrors the generous spirit and selfless love of our patron, St. Elizabeth. With vision and courage we embrace the challenges of the next 125 years and ask Mother Augusta Volk, foundress of St. Elizabeth Academy, to help us remain faithful to the mission of St. Elizabeth Academy. Mrs. Susan Geldmacher Principal Maureen Sullivan Borkowski 75, Graduation Speaker with Susan Geldmacher, Principal. Student serving at 25th Auction. Award Winning Music Students. Sr. Rosemary in 1959 habit for 125th Historic Fashion Show. St. Elizabeth Academy 3

Financial Highlights Fundraising 2007 2006 2005 Auction $89,381 $87,456 $83,316 Annual Giving $127,003 $103,238 $90,197 Golf Tournament $22,721 $15,397 $6,789 $150,000 $120,000 Auction Annual Giving Golf Tournament $90,000 $60,000 $30,000 0 Income 2007 2006 2005 Expenses Tuition/Fees $1,688,445 General Contributions $131,816 Restricted Contributions $32,051 Annual Giving $127,003 Outside Grants $176,384 Sisters of the Most Precious Blood Grant $60,000 Auction $89,381 Golf Tournament $22,721 TOTAL $2,327,801 Salaries $1,303,091 Taxes and Benefits $276,082 Scholarships and Financial Aid $239,881 Plant Operations $263,402 Instructional Expenses $117,024 Administrative Expenses $135,462 TOTAL $2,334,942 Income Summary Tuition/Fees General Contributions Restricted Contribuions Annual Giving Outside Grants Sisters of the Most Precious Blood Grant Auction Golf Tournament Expense Summary Salaries Taxes and Benefits Scholarships and Financial Aid Plant Operations Instructional Expenses Administrative Expenses Note: These figures are from an unaudited review and are for reporting purposes only. 4 Annual Report 2006-2007

St. Elizabeth Academy 3401 Arsenal Street St. Louis, MO 63118 (314) 771-5134 www.stelizabethacademy.org ST. ELIZABETH ACADEMY S T. M O L O UIS, Developing the Successful Woman Inside Each Girl