Page 14 - The Nueva School: 2017–2018 Annual Report on Philanthropy
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Realize the Potential Capital Campaign
Investing in Our Future: Endowment Is Critical to Our Path Forward
Our endowment, currently valued at $10 million, is too modest for a school of our age, size, and aspirations. As a result, Nueva is overly dependent on tuition, which supplies roughly 80% of the cost of running the school each year. Our goal is to secure $35 million for the endowment as we balance short-term priorities with a longer view towards Nueva’s future. This includes:
➤ Creating a dynamic and diverse learning community for our students.
— As more families from a wide variety of backgrounds consider Nueva, we must ensure that their choice is not limited by financial resources. As articulated in the Strategic Plan, an additional
$20 million in endowment will support students on financial awards and allow us to extend our outreach to underserved communities. This commitment to inclusion ensures that the curriculum offered to students reflects the diversity of thoughts and backgrounds that they will need to thrive while here at Nueva, and beyond.
➤ Keeping faculty at the center of a Nueva education.
— The heart of a great school rests in its faculty, and attracting and retaining world-class educators is a key priority. Meeting the remaining $15 million goal will create an endowment to support faculty professional development, giving teachers more time over the summer — with full pay — to develop innovative new programs and curriculum to benefit our students. This endowment would also cultivate programs and institutes that benefit our teachers, and provide grants for research and development.
The Realize the Potential campaign will bring to fruition Nueva’s 2017–2022 Strategic Plan. It will represent a direct investment in gifted learners and in our standing as a beacon for innovative education.
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