The Day School Challenge Fund incentivizes the development and growth of the endowments of NY-area day schools and yeshivot. $51 million in matching funds will be awarded to schools that establish or expand their endowments. Endowment dollars that schools raise will be matched on a one-to-three ratio – securing approximately $200 million in new day school endowment funds by the completion. With this additional revenue stream, schools will be able to subsidize tuition and invest in educational excellence.
This fund is made possible by a coalition including: The AVI CHAI Foundation and the Jim Joseph Foundation; philanthropists including Giti and Jack Bendheim, Alisa and Dan Doctoroff, Tamar and Eric Goldstein, The Gottesman Fund, George Klein, and Pamela and George Rohr; and $20 million earmarked from UJA-Federation of New York’s endowment by the Board of Directors.
Applications to the program are due by January 31, 2016. Schools are encouraged to apply as early as possible to maximize the support and matching dollars that they may receive from UJA-Federation.
Other Programs in this Category:
- Atidenu: Our Future
- Governance & Fundraising Academy (GFA)
- MATCH: Matching First-Time Donors to Jewish Education
- PEJE Generations
- PJ Library – Day School Engagement and Enrollment
- RFP for Collaboration and Cost Savings
- The Foundation for Opportunity in Education