One of University Liggett School's most critical financial obligations is the execution of a spending policy that recognizes both our commitment to preserving and growing our endowment for the future, while maintaining spending levels for the here and now. We've made great strides in recent years toward building our endowment to a sustainable level and leveraging the fund.
Our funding and spending has never been more "right sized" -- funds raised through our Annual Fund and Capital Campaigns are doing the jobs for which they're intended (annual operational expenses, facility repairs and expansions, and the like), which allows us to utilize the endowment as a vehicle for exponential growth.
As our endowment principal -- and its distributions -- grow, so does our ability to stay miles ahead in areas that set us apart and above as an educational institution.
A sustainable endowment is integral to University Liggett School enduring as a dynamic, relevant academic community long after our personal involvements with the school have ceased. Support for the endowment during this 18-month phase of the Sure FoundationsCampaign, will directly increase distribution funds used to support three key institutional priorities:
Our Tradition of Opportunity - Opening our doors to bright, talented and dedicated students whose diversity of backgrounds enrich our institution happens with the help of a robust scholarships and financial aid program. Current scholarships, new endowed scholarships and scholarships that honor esteemed faculty and staff are all tuition assistance models that the endowment directly supports.
Our Tradition of Innovation - Encouraging experimentation, problem solving and thinking with innovative technology that complements and enhances learning is a hallmark of a University Liggett School education. The endowment enhances our inquiry-based educational approach by funding our Makerspace, integrated technology, including Internet and computer upgrades, Smart Boards and other in-class technology, and faculty and staff positions in the technology department.
Our Tradition of Excellence - Sustaining rich, faculty-led educational experiences and premier learning spaces that promote sharing and discovery is perhaps the endowment-funded area most authentic and vital to our mission as a school. Faculty professional development, experiential learning opportunities, the Upper School Advanced Research Program, Lunch-and-Learns, student organizations and the creation of engaging and secure spaces where learning flourishes are all powerful investments in "shaping lives that shape lives."
Not every independent school has genuine confidence in the manner in which its endowment is managed, or a clear vision for how to leverage its returns. With the launch of the endowment phase of the Sure Foundations Campaign, it is the time to declare that we are on the path to a sustainable future, thanks to a soundly maintained and growing endowment fund...and we invite you to join us.
University Liggett School is a private preschool and kindergarten through 12th grade college preparatory school in Metro Detroit that is nationally recognized for its innovative curriculum and arts and athletics offerings.