We will post the school’s annual financial statements here and make as clear as possible what donations have come in and how the funds are
used. Coming soon!
The school operates as a non-profit institution. It receives a monthly grant from the Argentine Ministry of Education whereby the government
pays the salaries of the 36 teachers (a typical teacher’s monthly salary is about $1800 pesos (roughly US$450), but the school must fund
absolutely everything else: taxes, administrative costs, kitchen and support staff (totaling about 19 people), maintenance, the workshops, food,
insurance and all boarding costs.
Monthly tuition for Morning Students is $258 pesos (about
US$60); the Full Day students are charged $330 pesos
(about US$82); Boarders are charged $800 pesos (about
US$200) per month. However, in practice only about 5%
of boarders pay tuition; approximately 95% end up being
given hardship scholarships to keep them in school.
About two-thirds of the school’s revenues come from
Tuition.
These businesses take up more and more of the campus’ space, leaving the playground and soccer field increasingly cramped. We want to
enable the school to find new sources of revenue without further reducing its physical space.
Property Rental Income represents about one fourth of the school’s total revenues.
Donations currently represent about 7% of the school’s revenue. The goal is to increase this figure and make it sustainable.
The school seeks assistance from interested parties, either through cash donations or donations "in kind" such as books, clothing, food, or linen.
Anyone interested in helping the school can request a copy of their financial statements by contacting Mr. Carlos St. James at
carlosstjames@yahoo.com.
The Numbers
Tuition - year 2010
Property Rental Income
Donations and Scholarships
Escuela Hogar Maria Jáuregui de Pradère
Buenos Aires, Argentina
Because the school owns 10 acres of valuable real estate, it
has found it necessary to rent out the peripheral areas of
the campus in order to generate income. The school has
rented out portions of the land to several entities including a
small auto dealer, a plant nursery, and a neighborhood
tennis club with six courts.
Early classroom, mid- 1920s