Fordham Preparatory School - Ramview Ramview FALL 2017 | Page 21

STRATEGIC PLAN | 2017 2022
Financial Stability and Sustainability
Fordham Prep is committed to developing and sustaining a su cient nancial base from which the
school’s mission can be made e ective and a ordable, at present and into the future. In order to
accomplish this we are committed to engaging all stakeholders – alumni, current and past parents,
faculty, sta , trustees, friends and graduating students - in addressing the school community’s needs as
a not-for-pro t institution, reliant not only on tuition but on continued annual support from all these
stakeholders.
Strategic Priorities
• Engage stakeholders to increase annual support, to contribute large gi s and to develop
estate planning gi s.
• Increase the giving rate of participation to at least 20% of the Prep’s stakeholders.
• Further develop methods of communication and engagement with the school’s stakeholders
to encourage their continued participation and support.
• Seek diversi cation of investments to provide a balance that should enhance total return
and current income while avoiding undue risk concentrations in any single asset category.
• Maintain a balanced tuition/ nancial assistance policy to provide students of every
socioeconomic level, particularly students from middle income families, the opportunity
to attend and fully participate at the Prep.
• Develop a strategy to provide greater funding for faculty professional development in the
areas of instructional and assessment strategies as well as opportunities for growth in
technology integration, Ignatian values and global competency.
• Establish a funding strategy, a combination of annual giving and endowment, to ensure
the growth and long term sustainability of the global education and service immersion
programs and to provide nancial aid to ensure access to these programs for all students.
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