Goal 6: Financial Sustainability

Provide for financial sustainability and support the mission of the school and the goals of the Strategic Plan.

Strategies

 
According to the Opinion Leaders Survey of the National Association of Independent Schools, the following are the keys to financial sustainability for an independent school in the 21st century:
 
  • Financial: More efficient, less costly
  • Environmental: More green, less wasteful
  • Global: More networked internationally, less parochial
  • Programmatic: More skills and values, less traditional content
  • Demographic: Inclusive, not exclusive.
 
We will develop a financial master plan that will examine our reliance on major revenue sources such as tuition, endowment and fund-raising; evaluate current and future budget policies and resource allocation develop a more entrepreneurial approach to create new and alternative sources of revenue.

Implementation Examples

Fundraising Success

Recent leadership gifts to the school from Duncan McFarland OPC ’61, William F. MacDonald Jr. OPC '62, Steven Koltes OPC ’74, Claudia and Richard Balderston OPC ’69 and the Maguire Foundation (James J. and Frances Maguire are the parents of two graduates, Christopher OPC ’84 and Timothy OPC ’85.) provide for financial sustainability and – in the case of the Koltes, Balderston and Maguire gifts – expanded educational opportunities for talented young students who otherwise could not attend PC.

Financial Planning

We have begun to use Future Perfect, a financial modeling program, to evaluate current and future budget policies and resource allocation.

This program allows us to use financial resources more effectively and to better understand the financial implications of decision making.

Upcycling

Passionate first graders are actively involved with an interdisciplinary project that teaches environmental sustainability, math, science, stewardship, civics and more.

Friends Lobbying in DC

A cross-divisional group of students took their learning beyond the walls of the classroom and Capitol Hill to lobby Congress about mass incarceration.

Our plan for Penn Charter's future is organized around six goals, each with a set of strategies.

 

 

 

Prefer it in print? View and download this 24-page publication that explains the six goals of the Strategic Vision, the strategies to support those goals, and the themes and issues that inspired the Strategic Vision.

Join Us

You are here because Penn Charter matters to you, too.
Join us to advance our shared mission and goal to create the most challenging, exhilarating educational program.