More than 25 years ago it became apparent that SAB expenses would eventually outstrip its earned income and its annual fund raising capabilities combined. The Board of Directors, many of whom are still active in School affairs, recognized the need to build a strong endowment that would produce income to fill the envisioned gap. Building this endowment has been a major effort ever since.
All gifts to the endowment are invested and the School then draws down funds every year to help meet its annual expenses. Because of this, any contribution to the endowment means support for SAB in perpetuity. Gifts may be designated for any number of specific purposes – student scholarships, faculty salaries, Student Life programs, etc. – or given simply to support general operating expenses.
For more information about contributing to SAB's endowment, please contact Caroline Langerman, Director of Individual Giving, at 212-769-66111 or firstname.lastname@example.org.