2017 Annual Report - Berkeley Student Cooperative

"WITHOUT THE BERKELEY STUDENT COOPERATIVE I WOULDN'T HAVE BEEN ABLE TO

PURSUE MY EDUCATION."

-- ANGELA LAUREANO, HOYT HALL

ANNUAL REPORT

2017

"We are a student-run cooperative because we believe in empowerment and personal growth. We prepare students for the next step with leadership opportunities, real work experience, and supportive living communities."

-- ZACH GAMLIELI, BSC PRESIDENT

60%

LOW-INCOME

45%

1ST GENERATION COLLEGE STUDENTS

25%

TRANSFER STUDENTS

14%

STUDENTS WITH DISABILITIES

1,260 RESIDENTS

"The Berkeley Student Cooperative, true to our 501(c)(3) charitable nonprofit mission, is changing

who gets to go to college and stay in college."

-- KIM BENSON, BSC EXECUTIVE DIRECTOR

$20,000

Cost of Rent and Food

2017-18 Academic year

$17,274

UC Berkeley Tuition and Fees

2017-18 Academic year

$15,000

$13,256

$10,000

$6,876

$5,000

$0 Berkeley Student Cooperative

Off-Campus

UC Berkeley Dormitories

$14,068 RESIDENT

$42,082 NON-RESIDENT

OPERATING EXPENSES 2017-18

Our students pay for our operating expenses, with some help from donors. We are actively expanding our donor base to reduce the burden on students.

TOTAL

$10,875,984.27

Housing, Food, & Member Programming (Including Professional & Student Staff) $6,561,746.61

60.3 %

Seismic Retrofits & Capital Maintenance $2,445,538.42

22.5 %

Bond Repayments for Previous Seismic Retrofits $1,455,067.74

13.4 %

Growth Fund $253,000.00

2.3 %

Scholarships $80,431.50

0.7 %

Alumni Engagement & Fundraising $80,200.00

0.7 %

OUR FUTURE

More Scholarships. This academic year, over 300 students with financial need applied for scholarships. We were able to help 140 of the applicants with $145,000 in aid.

Expansion. Our waitlist is over 1,400 students. The BSC hopes to increase bed spaces through development, partnership with UC Berkeley, new acquisitions, and/or re-opening Barrington Hall in 2025.

Seismic Retrofits. The cost of retrofitting all our properties just to meet lifesafety standards is projected to cost over $25 million.

Northside Kidd b.1921 & 1925 b.1924

Hayward Fault

Ridge b.1906

Euclid b.1974

CZ b.1966

Kingman b.1914

Hoyt Stebbins b.1912 b.1927

Cloyne b.1904

Is your house safe?

Not retrofi ed

Retrofi ed

Convent b.1960s

Fenwick b.1979 Barrington b.1935

UC Berkeley

Rochdale b.1970

Sherman b.1975

Wolf b.1920s

HiP b.1900, 1904, &1920

Davis b.1913

Castro b.1911

Wilde b.1982

N

W

E

S

Afro b.1912

Lothlorien b.1885 & 1909

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