Preparing Boys for Life

Financial Sustainability

Long-term financial sustainability is an essential building block necessary to achieve the objectives of the Strategic Vision. We seek to develop a sustainable culture of giving, which will provide the necessary funds over time to attract and retain extraordinary educators and remarkable boys, who together will create, develop, and implement world-class programs to prepare our boys for life.

Strategies

  • Expand the endowment, with particular emphasis on endowing faculty compensation and professional development, as well as tuition assistance to ensure access to Haverford for boys of talent from differing backgrounds
  • Continue to manage and balance the annual operating budget
  • Develop a strong balance sheet
  • Increase revenue by expanding summer academic programs, developing global exchange programs, and marketing our expertise in educating boys
  • Increase alumni participation in all aspects of Haverford and increase the level of alumni giving to The Haverford Fund
  • Develop state-of-the-art planned giving programs
  • Develop an updated Campus Master Plan that appropriately maintains our facilities, and provides a platform to accomplish our strategic objectives

Progress

  • Doubled the net endowment in five years, decreased debt while securing favorable long-term interest rates, and held spending within Board-approved budget each year
  • Significantly grew Heritage Society membership and overall estate planning commitments to the School through an integrated marketing and communications program
  • Enhanced revenue through auxiliary programs
  • Educated current and prospective parents on best-for-boys pedagogy through new academic and cocurricular information sessions
  • Increased alumni engagement through regional receptions, online initiatives, and 7th Form Mentoring, a program designed to connect alumni with current students
  • Created a Board-approved Campus Master Plan update

The Path Forward

  • Offset rising employee benefit costs and changing prospective family demographics through evaluating Haverford’s tuition revenue and enrollment model, increasing the endowment draw, expanding auxiliary revenue programs, and conducting market research and analysis
  • Sustain and work to increase alumni, parent, and grandparent participation in fundraising by developing stronger and more intentional networks
  • Complete the Campus Master Plan and raise capital funds to advance plans to build a new Middle School and parking solution
  • Place equal emphasis on raising operating and endowment funds
The Haverford School Strategic Vision Financial Sustainability

I support Haverford because it made a big difference not only in the lives of my brother (Arlin ’73) and me, but also in the lives of our sons, Jeffrey ’13 and Michael ’13. The School has stayed true to its roots of academic integrity, and places a high value on both competitive athletics and the arts. It examines the impact of globalization and diversity. Above all, it operates under an Honor Code that underscores personal responsibility for our actions and encourages us to be the best that we can be. Richard Green ’69, P’13