Far Brook’s Endowment Funds – Far Brook’s Endowment has grown over the years to a total of $4,690,150, as of June 30, 2012, made possible through the generosity and vision of the Far Brook community – current parents, alumni families, and friends. A percentage of the income from these funds is directed toward the operating budget each year. The Endowment, which currently reflects $20,753 per student, contributes to a strong overall financial basis for the school, supports increased scholarship opportunities for students, and provides greater flexibility for visionary educational programs.
In addition to its growing Unrestricted or General Endowment Fund, Far Brook also has a number of Restricted Endowment Funds which are outlined below. Please note that it is possible to add to any of these Funds, which honor and remember extraordinary current and deceased members of the Far Brook community. Questions about special naming opportunities and formal Gift Acceptance Policies can be directed to the Development Office. These funds are managed by a policy established by the Board of Trustees.
FAR BROOK SCHOOL’S ENDOWMENT FUNDS – $4,690,150 (As of 6/30/12)
Kramer Art Fund – In memory of alumna Joan Kramer '63, to be used for any art-related activity, supplies, or scholarship for artistic students.
Fredda S. Leff Special Projects Endowment – Created in honor and in memory of alumni parent and former trustee Fredda Leff to fund special projects in the Lower and Middle Schools that fall outside of the daily Far Brook experience.
Polly S. Niebling Drama Fund – Established by her family in memory of alumni parent Polly Niebling to support the performing arts.
Milton H. Stern Endowment Fund – Created in memory of staunch Far Brook supporter and alumni parent Milt Stern, this fund assists in offsetting operating costs of the Laurie Arts Center.
The Ruth and Max Segal Family Library Endowment Fund – Created in honor of grandparents Ruth and Max Segal by their children, this fund supports ongoing maintenance and improvements to the Library.
The Elliott Averett Family Fund for Teacher Benefits – Created by a long time Far Brook family, this fund supports faculty salaries and benefits. It also underscores the appreciation and gratitude that the Far Brook community has for its extraordinary faculty.
Faculty Endowment Fund – Created by an anonymous donor, this fund is designated for special summer faculty projects, including the research and design of special curricula, participation in travel/study programs related to the curriculum, etc. A committee comprised of the Head of School, the President and the Treasurer of the Board, a faculty representative, and the Director of Advancement determine the projects to be funded.
Endowment for Teacher Benefits – Supports faculty salaries and benefits.
Moore Faculty Benefit Fund – A group of funds created in memory of Far Brook’s Founding Director, Winifred S. Moore.
- Scholarship Endowment Funds
Mary Adams Scholarship for Mathematics and Science – Created and named in memory of Far Brook’s longtime mathematics, computer, and science teacher, Mary Adams, these scholarships are awarded to talented students who have potential to be leaders in the mathematics and science programs at Far Brook.
Edwin A. Finckel Scholarship for the Arts – Created and named for Far Brook’s Music Director Emeritus, who served the School for nearly 40 years, these scholarships are awarded to talented students who have potential to be leaders in the arts programs at Far Brook.
Bartol Scholarship – In honor of a Far Brook grandparent, the late George Bartol, this scholarship enables a promising and economically disadvantaged student to attend Far Brook.
The Hite Scholarship – In honor of the Hite alumnae, this endowed scholarship is to be used by economically disadvantaged families for the necessities of Far Brook life that fall outside the normal range of tuition assistance.
The James E. and Elizabeth Hughes Scholarship Endowment Fund – In honor of alumni parents, Betty and the late Jim Hughes, this fund supports one or more talented students for whom Far Brook will make a substantive difference and who could not attend without such assistance.
Barbara Jordan Endowment Scholarship – Named for the eminent Congresswoman Barbara Jordan, this fund was established to provide modest tuition assistance for an economically disadvantaged student of color, with preference given to a student entering in the earlier grades.
The Koven Family Scholarship – Named for a long-time Far Brook family, this scholarship provides substantial financial-need scholarships for one or more incoming students, preferably entering in the younger grades.
Marks Student Scholarships – General financial-need scholarships for qualified students, given in memory of Hyman and Lulu Marks.
Opportunity Scholarship Fund for Excellence – Established by a current family, this scholarship in the future will enable one or more students of high academic ability to attend Far Brook who would not otherwise be able to do so.
Carol Silver Endowment for Student Scholarships – Established in honor of long-time teacher and former head of the Lower School, the late Carol Silver, this fund provides general student scholarship assistance.
FAR BROOK’S EXPENDABLE SCHOLARSHIP FUNDS
The Founding Parents’ Scholarship, Anonymous Gift, Class of ’54 has enabled one or more students to attend Far Brook School who would not otherwise be able to do so.