The Benjamin School Focus: Financial Sustainability

Focus Area: Financial Sustainability

Goal: Maintain strong financial management to ensure financial sustainability and to develop moreresources to support the quality of Benjamin’s programs.

Strategic Initiatives:

• Expand and enhance the School’s development operations through a focus on the endowment, pursuingnew donors and communicating a stronger sense of philanthropy among current parents

• Continue to review the strategic capital needs and update, as needed, the fundraising plan to support thesepriorities

• Optimize enrollment by coordinating marketing, admission and retention activities through an EnrollmentManagement Committee

• Continue to manage budgets conservatively and efficiently to keep tuition costs affordable as compared topeer schools

• Continue to refurbish and upgrade facilities, as outlined in the 5-year Needs Assessment Plan and inresponse to ongoing needs, to meet program needs on both campuses

• Review and update financial aid policies to ensure that they are sustainable and allow for the enrollment ofa diverse student body

• Create a long-term financial plan that anticipates the challenges of potential economic downturns