Third Century Campaign Piece

The Albany Academies’ Campaign for the Third Century

In 2015 we launched a five-year $20 million campaign.

Campaign for the Third Century :: 2015–2020

$15 million goal $13,800,000 raised

$5 million goal

$1,736,000 raised

Goal for Bricks and Mortar, Endowment and Planned Giving: $15,000,000

Goal for Annual Giving: $5,000,000

Letter from the Campaign Co-Chairs

DEAR FRIENDS,

Thank you to our very special donors!

Since the Campaign for the Third Century was announced on April 1, 2015, The Albany Academies have accomplished many of their initial goals of upgrading and renovating the facilities, increasing endowment and annual giving and establishing new scholarships.

However, we are not finished yet and we still need your help. There are many ways for you to participate in the Campaign and support the mission of The Albany Academy and Albany Academy for Girls. Your gift – at any level – will continue to create a positive learning community for students, faculty and staff that provides the knowledge, skills and character needed for leadership and success in the creative, entrepreneurial century that lies ahead.

It has been our privilege to be an integral part of planning for the Campaign for the Third Century and we are honored to lead this initiative to its completion.

We treasure The Albany Academies and hope you will join us as we build upon our success already achieved.

Sincerely, Mr. Bruce DiStefano ’70 P’06, ’08, ’10

Dr. Sarah Elmendorf ’70 P’06, ’08, ’10

What we’ve accomplished

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We renovated the Auditorium.

Project Cost: $234,000

In the spring of 2014 at a concert held in the Auditorium featuring singer and song writer James Taylor, Kim Hessberg Taylor ’71 and Friends, our goal to raise money for the renovation of the Auditorium was achieved.

This space is home to plays, concerts, dance performances and assemblies.

We built a new Science Center.

Project Cost: $2.64 Million

In the fall of 2015, the Borisenok Family Science Center opened at Albany Academy for Girls, thanks to a major lead gift from Walter and Michelle Borisenok P’06, ’08.

Named in honor of the Borisenok Family, the Science Center provides innovative STEM education to boys and girls.

We renovated the Lower School Gymnasium.

Project Cost: $540,000

In the summer of 2014, the Lower School gymnasium at Albany Academy for Girls was transformed into a Dining and Events Center. The space is the cafeteria for students and faculty as well as the location for community and school events held throughout the year.

We renovated the Field House.

Project Cost: $1.9 Million

The Michael B. Picotte Field House – through a major lead gift from Michael Picotte ’65 and Margi Picotte – was renovated and dedicated in the fall of 2016. The space has enhanced the experience for AA and AAG student-athletes and provided athletic opportunities for our community.

We added a new Grandstand to the football field.

Project Cost: $250,000

Through the generosity of James ’52 and Cynthia Caird, a new grandstand was added to the Caird Field located at The Albany Academy. This special gift provides a much larger venue for the community to come together and enjoy athletic events.

We renovated the Alumnae and Alumni Center.

Project Cost: $168,000

Through the generosity of a major gift from Gabrielle Schellenberger, spouse of the late Herbert H. Schellenberger, and a faculty member at The Albany Academy, we renovated and opened the Schellenberger Alumni and Alumnae Center in the fall of 2014.

The space is home to the Institutional Advancement Office and a gathering space for alumni/ae, students and parents.

Here’s what still needs to be accomplished. >

We need to increase student scholarships.

A scholarship can have a life-changing impact on a young person.

Consider establishing a named scholarship fund or adding to one already established for a Lower, Middle or Upper School student. “ Scholarships present a great opportunity to create a living

The Dr. Douglas M. North ’58 Scholarship With Dr. North’s retirement at the end of the 2017-18 school year, The Albany Academies’ Board of Trustees announced the establishment of The Dr. Douglas M. North ’58 Scholarship. Its goal is to raise $250,000 by June of 2018 in order to support deserving students at The Albany Academies.

legacy. Establishing a scholarship is a win-win experience of unconditional respect and growth for the student and donor.”

Ms. Joan R. Dembinski ’55 Donor, The Joan R. Dembinski ’55 Scholarship for Scientific Dreams

We need to increase faculty endowments.

“ You can have the best facilities in the world, but without good teachers these

Endowment brings stability to keep up with best practices in education over the long haul. The more we can increase The Albany Academies’ endowment, the more effectively we can continue to attract the best and brightest students, the highest quality faculty, and pursue new and innovative opportunities to meet the needs of the next century.

are meaningless. Teachers can have as much of an effect on the development of children as the parents. A strong endowment is critical to attract the best faculty and to have funds available for them to experience continuing educational opportunities.”

Mr. Eugene Sneeringer, Jr. ’72 and Ms. Susan Hengerer Sneeringer ’72, P’01, ’04, ‘08 Campaign Donors

We need to raise funds for a new athletic facility.

Other Giving Opportunities

A Renovated Space for the Arts

There will also be an opportunity for an art space that will require funding. More information to

Through a lead major gift from Steven Sumberg ’63 in memory of

come; please let us know if you are interested.

his mother, Ruth M. Sumberg, the building of a new athletic practice facility/gymnasium is in its planning stages at The Albany Academy.

The space will be used by both AA and AAG students.

The Annual Fund

Support of the Annual Fund helps the Academies reach new milestones and make a difference

A date to break ground is yet to be determined.

in the lives of our students and faculty. It helps fund financial aid, technology needs, campus

Project Cost: $3.4 Million

enhancements, and so many other annual needs.

Make an unrestricted gift to be used for the Campaign’s highest priorities.

Give a gift to faculty endowment.

Ways you can give

Create a new scholarship fund.

Make a gift to the Dr. Douglas M. North ’58 Scholarship Fund.

Make a gift to the new athletic facility.

Make a gift to the art space.

Make a gift to our Annual Fund or enhance your Annual Fund gift.

Give a future gift through a bequest or planned giving.

For more information about how you can make a gift or pledge and participate in the Campaign for the Third Century, please contact Director of Institutional Advancement Ann Wendth at (518) 429-2385.

You can also visit our website at albanyacademies.org/giving