Because of a deep commitment to fulfilling the mission of Sacred Heart education, there will always be the need to expand technology, support financial and ensure competitive faculty compensation while keeping enrollment consistent and being thoughtful with tuition increases. Gifts to endowed funds provide a steady revenue stream to the school, ensuring continued programmatic offerings from strategic initiatives.
Endowed funds are established in perpetuity and provide long-term sustainability and vitality for students, faculty and programs at Sacred Heart. Sacred Heart’s endowment generates an annual stream of revenue to sustain scholarship, research, teaching and service programs. The school depends on endowment to ensure the support of programs, faculty and operations and the long-term advancement of the mission to educate the whole child.
Endowed Funds at Convent of the Sacred Heart
Convent of the Sacred Heart accepts gifts in any amount to an established endowed fund. Gifts may be used to create a named endowed fund in honor of a person or persons and named funds may be pledged over a three-year period. All endowed funds are placed in the General Endowment or other designated endowed funds to ensure stability.
Some examples of endowment funds:
- Formation to Mission Fund
- Faculty Compensation and Professional Development Funds
- Endowed Chairs, Teaching Positions and Religious Instruction
- Student Financial Aid and Scholarship Funds
- Technology Funds
- Landmark and Building Preservation Funds
- Department Support Fund
- Learning Development Fund
Sacred Heart’s continued success depends upon the school’s ability to attract and retain faculty of the highest caliber. Today there is much greater competition for the talented faculty and staff who are capable of meeting Sacred Heart’s standards. The endowment fund enhances the budget with additional resources to offer competitive salaries for experienced professionals and attract new and diverse talent.
Successful organizations continually invest in staff through professional development opportunities. Conferences, seminars, workshops, post-graduate study, and curriculum development courses are methods that inform, refresh, and invigorate faculty. New approaches in the classroom are needed with the evolving new technologies, providing for a deeper understanding of the dimensions of teaching and learning, and increasing global perspective. A dedicated professional development fund will enable Sacred Heart’s teachers to stretch their minds and expand their horizons – and students’ – on an ongoing basis.
Together, the faculty compensation and professional development funds provide opportunities for staff to continually evolve their role as advisors and educators for our students. Current named funds in this category include:
- The Hurford Foundation Endowment for Faculty
- The Leitner Family Endowment for Faculty/Administration Enrichment
- The Mary Ranney, RSCJ Faculty Endowment Fund
Sacred Heart’s educators are renowned for their commitment to quality teaching. Maintaining a superior teaching faculty requires continual resources and attention, both the recruiting and nurturing of young, talented teachers and the ongoing support of experienced educators.
Investing in excellent faculty directly benefits every student at Sacred Heart. Endowed chairs ensure the long-term distinction and continued development of departmental curriculum, programming and co-curricular learning opportunities for students and educators. Educating the whole person requires dedication from the entire staff of administrators, faculty and the Religious of the Sacred Heart of Jesus.
Current named funds in this category are:
- The Diana Barrett Chair of Science
- Master Teacher of Technology Chair
- Chauncey Stillman Chaplaincy
Sacred Heart offers a unique combination of rigorous academic curriculum, co-curricular and extracurricular programs and a spiritual, moral and ethical foundation. This education of the entire student is truly transformative. Scholarships to deserving students allow 91st Street to continue to advance its mission, while preparing all students for our global community.
It is increasingly important that students understand the world in which they will live as adults. To succeed in the twenty-first century, they will live and work in a world community that reflects diverse backgrounds and values. Students must learn that traditions, beliefs and perspectives other than their own make valuable contributions to society. To prepare students for this reality, Sacred Heart must continue to promote economic, cultural, social and racial diversity.
As an investment in the future, scholarships to deserving students reward the entire community. Increasing financial aid will make possible the recruitment of a larger and more diverse pool of qualified students who will enrich the standard of education for all students.
In addition to embracing exceptional students regardless of a family’s financial resources, this endowment reserves a small amount of funding for families who cannot fully afford the supplemental academic activities and off-campus trips offered by the school.
Current named funds in this category include:
- The Conway Family Scholarship Fund
- The Hurford Foundation Endowment for Financial Aid
- The Mary Lee Stone Scholarship Fund
- The Quella Family Scholarship Fund
- The Rumely Family Scholarship Fund
- The McGivney Garic Hadley Endowment Fund for Minority Financial Aid
Sacred Heart strives to maintain a safe and attractive space which appropriately supports learning and provides for the needs of its community. The two landmark buildings that 91st Street holds in trust enhance the educational experience for all of our students. The school is dedicated to maintaining and strengthening an environment that is both aesthetically beautiful and practical for the education of its students. The Landmark Preservation Fund is used to restore and preserve the historic beauty of our buildings, including a multi-year plan to restore all of the windows in both buildings.
Currently named funds in this area include:
- The Waldman Family Endowment Fund for Building Preservation