Endowment Report 2017
PAST AND PRESENT BENEFACTORS
Fordham Prep ’ s total endowment fund is comprised of 124 different funds . We are pleased to recognize and thank publicly the many individuals , families and foundations that have made our current endowment possible . We are truly grateful for their remarkable generosity and far-sightedness . The current market value appears below each fund name and represents the audited value of the fund at the end of the 2016-2017 fiscal year .
Robert H . Abplanalp ’ 39 Scholarship Fund $ 260,708 total
Established in 2015 as part of Fordham Prep ' s 175th Anniversary by the generosity of the Hudson Valley National Foundation , which had maintained an annual scholarship in Mr . Abplanalp ' s name shortly after his death in 2003 . This fund was obtained through direct donations from the many friends , colleagues and family of Mr . Abplanalp , and will provide scholarships for worthy students at Fordham Prep . This fund is intended to ensure that Mr . Abplanalp ' s memory as a proud graduate and supporter of the continuation of mission and ministry lasts in perpetuity at Fordham Prep .
Edwin J . Adlerman ‘ 89 Scholarship Fund $ 278,505 total $ 276,538 new contributions
The Edwin J . Adlerman ’ 89 Scholarship fund was established in 2017 by Ewin Adlerman as part of the Prep ’ s Igniting Our Mission Campaign . The scholarship is awarded annually to students who evidence their desire to receive a Fordham Prep education with demonstrated academic achievement , strong work ethic and moral compass , but who otherwise would be unable to attend Fordham Prep without financial assistance . When possible , the scholarship is awarded to a graduate of the REACH program .
Rev . John Alexander , SJ Scholarship Fund $ 305,107 total
Established in 1998 to honor Father Jack Alexander , this endowment provides for student scholarships through the generosity of Walter Gollinge , a Brooklyn Prep alumnus . Father Alexander was the last headmaster of Brooklyn Prep before its closing in 1972 .
The Altman Foundation Scholarship Fund $ 206,549 total
Established in 1998 by the Altman Foundation , this fund was created “ to build endowment for scholarships for disadvantaged inner-city students ” in order to attend Fordham Prep . The Altman Foundation was established in 1913 under Benjamin Altman ’ s will “ for the benefit of such charitable and educational institutions in the City of New York as [ sic ] directors shall approve .”
Barbara and Stephen Amoretty ’ 58 Scholarship Fund $ 83,759 total
Established in 2014 , this scholarship supports a partial-tuition scholarship for an academic scholar . The fund will grow incrementally over time to a level that will support a full-tuition scholarship in a trust which named Fordham Prep as the sole beneficiary .
William and Kimberly Anderson Strategic Initiatives Fund $ 78,996 total $ 76,251 new contributuons
The fund was established by Bill and Kim Anderson in 2016 and supports two areas of Prep education , student scholarship , and the Squash program . The William and Kimberly Anderson Endowed Scholarship provides support for qualified students with financial need to attend the Prep . The William and Kimberly Anderson Endowed Squash Fund provides funding for the Prep ’ s Squash program .
The Bastianich and Friends Scholarship Fund $ 1,074,179 total $ 54,500 new contributions
Established in 2014 by Deanna and Joe Bastianich ’ 85 P ’ 18 , ‘ 20 and his mother , Lidia P ‘ 85 GP ’ 18 , ’ 20 , this fund provides tuition assistance “ to families who cannot otherwise afford a Fordham Prep education .” A celebrated restaurateur and author , Joe stars in CNBC ’ s Restaurant Startup and Masterchef Italia television shows . Noted chef and author , Lidia has been a fixture on PBS cooking shows since 1998 . Their B & B Hospitality Group is comprised of thirty acclaimed restaurants world-wide . Their “ friends ” are guests and patrons who supported the fund during special dining experiences at the family ’ s Del Posto restaurant .
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