Annual Reports

Each year we make a donation to the school to reimburse qualifying students for their AP exams.
  • Each AP exam costs around $93.
  • The PTSA pays about $33 per exam for everyone (varies each year).
  • The school district pays another $31 per exam for students with financial need.
  • The Schaertl Fund reimburses families $60 (or $29) for every AP exam where the student earns a "passing" score of 3, 4, or 5... so that the families pay nothing.

2017
We funded 39 AP exams for 28 students
Beginning Balance: $0
Contributions: $4,812
Disbursement for AP exams: $2,216
Remaining fund balance: $2,596

BIG THANKS to all of George & Sal's grandchildren, children, friends and relations who made generous donations in honor of George's 90th birthday this year! 



2016
We funded 54 AP exams for 36 students
Beginning Balance: $551.75
Contributions: $2,516.25
Disbursement for AP exams: $3,068
Donation to ICA: $0
Remaining fund balance: $0

After the 2015-2016 school year, we shifted the fund's administration from Independent Charities of America to the Manchester-Shortsville Central School District.


2015
Beginning Balance: $60
Contributions: $1,933.75
Disbursement for AP exams: $1,442
Donation to ICA: $0
Remaining fund balance: $551.75

2014
Beginning Balance: $1
Contributions: $1100
Disbursement for AP exams: $1,041
Donation to ICA: $0
Remaining fund balance: $60

2013
Beginning Balance: $18
Contributions: $1700
Disbursement for AP exams: $1,699
Donation to ICA: $18
Remaining fund balance: $1

2012
Beginning Balance: $18
Contributions: $894
Disbursement for AP exams: $894
Remaining fund balance: $18

2011
Beginning Balance: $255
Contributions: $500
Disbursement for AP exams: $737
Remaining fund balance: $18

2010
Beginning Balance: $605
Contributions: $695
Disbursement for AP exams: $1,045
Remaining fund balance: $255

2009
Beginning Balance: $454
Contributions: $500
Disbursement for AP exams: $325
Bank fees : $24
Remaining fund balance: $605

We closed the CNB account as the fees became greater than the interest earned. All funds kept in an Independent Charities of America donor advised fund.

2008
Contributions: $1,000
We funded 12 exams for a total of $1,032.
Bank fees (less interest earned): $10
Remaining fund balance: $454

This year we heard from a scholarship recipient who started her freshman year in college with 8 credits in math and science from her AP exam scores!

2007
Contributions: $1,000
AP Exam Payments: $1,992

2006
Contributions: $400
AP Exam Payments: $2,296

2005
Contributions: $1,135
AP Exam Payments: $984

2004
Contributions: $1,700
AP Exam payments: $1,000

2003
Fund balance $2,505