2011 Giving Book

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Giving 2011


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Message from the President Report on University Finances

The 2011 Giving publication is produced by The New School’s Office of Development and Alumni Relations and Communications and External Affairs Department. PhotograPHY CREDITS Michael DiVito, Jonathan Grassi, Don Hamerman, Bob Handelman, Melissa Hom, Vasilis Kyriacou, Dan Lecca, Martin Seck, Clint Spaulding for Patrick McMullan, Matthew Sussman.

our donors

2011

Events

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a community of giving

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Trustees and Boards of Governors


message from the president In our first year at The New School, my wife, Lisa, and I have met many individuals like you, supporters who believe in the university’s long-standing tradition of creativity, innovation, and public engagement. You enable us to tailor academic initiatives to the needs of a rapidly changing global society and confront pressing issues with solutions that promote equality and action. Your generosity allows us to attract top faculty that demand high standards of excellence from our students, our most important asset. As the cost of higher education continues to rise, your support helps us keep education accessible. Last year, The New School awarded more than $80 million in scholarships to more than 8,000 students. Donors like you also provide vital support for thought-provoking public programming and projects. Generous contributions enabled students from Eugene Lang College to travel to the Edinburgh Fringe Festival to perform From the Fire, a critically acclaimed work documenting the Triangle Shirtwaist Factory fire of 1911 and the labor movement that arose out of that tragedy. Our public programs included discussions with authors Jonathan Franzen and Jhumpa Lahiri and a conversation on Mexican–American relations with Arturo Sarukhan, Mexican ambassador to the United States. The University Center, the largest capital project in New School history, is rising in the heart of our campus thanks to individuals who value the school’s past and support the promise of its future. Thank you for believing in our mission. The New School is grateful to you for supporting the legacy of an institution that develops informed world citizens and creative, engaged leaders. I look forward to our continued work together and to personally thanking more of you in the months and years ahead.

David E. Van Zandt

MESSAGE FROM THE PRESIDENT

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our donors … …volunteer their time Intrigued by her daughter Abby’s experience at Eugene Lang College The New School for Liberal Arts, independent educational book publisher Susan McClanahan joined the Eugene Lang College Board of Governors so that she could work directly with the faculty and administration to nurture the institution. Like many parents of New School students and alumni, Susan brings a fresh perspective to the table. “I support the Annual Fund because it helps the school continue growing each year,” said Susan. “Abby was thrilled with the variety and depth of the courses at Lang. The smaller classes helped her hone her creative thinking skills.” Annual Fund support helps keep classes small, provides scholarships for talented students, allows the university to attract top faculty, and enables students to participate in civic engagement projects.


… Grow our Campus

… Promote Independent Voices in Theater Lawyer Bill Zabel became a member of the New School Board of Trustees in 1994 after reading about the school’s founding as the University in Exile. He took a particular interest in The New School for Drama and its cultivation of young playwrights. “Theater is ahead of other media in hitting current issues in a profound and significant way,” Bill said. As a trustee of the Harold and Mimi Steinberg Charitable Trust, Bill designated funds for the Harold and Mimi Steinberg Playwriting Fellowships, providing tuition assistance to graduate students in the Playwriting program. The fellowships have helped finance the education of five playwrights and will fund two more. The New School is grateful for Bill’s steadfast support across the university, including funds for scholarships and gifts to the Annual Fund and the University Center.

Praised as “a celebration of the cosmopolitan city” by the New York Times, the new University Center will add more than 354,000 square feet of space to the New School campus when it is completed in 2013. Its facilities will include an 800-seat auditorium, state-of-the-art media centers and classrooms, science labs, art studios, and a multimedia library. Six hundred undergraduate students will live in a dormitory housed on its upper floors. Designed by Skidmore, Owings & Merrill, the University Center will serve as a model for sustainable design and interdisciplinary education in New York City.

OUR donorS

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our donors … … Support Exceptional Musicians Pursuing a passion for music that began in early childhood, pianist and piano teacher Natalie Risbeck studied for several years at Mannes College The New School for Music. Her fond memories of Mannes inspired her to include the school in her estate plans. The Natalie G. Risbeck Piano Scholarship, made possible by her bequest to Mannes, gives young pianists the opportunity to study with Mannes’ outstanding instructors. This endowed scholarship, awarded to one piano student per year, will help students in perpetuity, enabling future generations to receive a world–class music education.

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OUR donorS

… Nurture Future Jazz Greats

… Build Community Resources Thanks to a grant from the ALFRED P. SLOAN FOUNDATION, Insideschools—an online guide to New York City’s public schools— has moved to The New School’s Center for New York City Affairs. New School graduate students have visited schools throughout the five boroughs, gathering detailed information for the site. “It’s crucial that it be operated by an institution that is passionate about helping New Yorkers understand the city’s education system,” said Daniel L. Goroff, program director at the foundation. “The New School’s Center for New York City Affairs is just that kind of institution.”

Long-standing Annual Fund patrons Paul Ash and Cobi Narita are committed to supporting and cultivating New York City’s jazz scene. Their unrestricted gifts to The New School for Jazz and Contemporary Music enable the division to allocate funds where they are needed most. Gifts like theirs help the school recruit world-renowned instructors, finance studio maintenance and upgrades, purchase musical equipment, provide scholarship support, and expand academic programming. They also provide talented students with opportunities to perform in leading cultural institutions not only in New York City but around the world.


… Assist Future Students Recognizing the importance of The New School for Social Research in shaping who he is today, psychologist and author Guido R. Zanni decided to help future graduate students by establishing an endowed fellowship in honor of his mentor and former professor, Mary Henle. Reflecting on his time as a PhD candidate at The New School for Social Research in the 1970s, Guido said, “I could not have asked for a more thorough preparation for my first job as an assistant professor. More relevant, however, is that my graduate studies improved my analytical thinking, a basic skill for any job.” He found that Mary Henle in particular challenged students to question long-held views. As a recipient of the Hiram J. Halle Fellowship at The New School for Social Research, Guido knows firsthand how essential financial support can be for students. “This funding made a huge difference in my ability to complete my dissertation in a timely manner,” he said. “I feel passionate about giving back to the institution that gave so much to me.”


our donors … … Transform Policy into Practice Team Empowerhouse—students from Parsons The New School for Design; the Milano School of International Affairs, Management, and Urban Policy; and Stevens Institute of Technology—designed and built by hand a solar-powered house that won in the Most Affordable category at the U.S. Department of Energy’s 2011 Solar Decathlon. The team worked with community partners, including Habitat for Humanity Washington D.C. and the DC Department of Housing and Community Development, to construct a second house in the DC neighborhood of Deanwood. The two houses, joined together to create a two-family home, will be a model for affordable net-zero housing that can be replicated around the globe.

Approximately $1.3 million in financial and material support was raised by New School students for this project. The New School thanks these lead donors: Founders Circle Partners

Binational Softwood Lumber Council Sustainability Leaders

District Department of the Environment Forestry Innovation Investment General Growth Properties, Inc. Sheila C. Johnson and the Washington Mystics Jones Lang LaSalle Tess Dempsey Design U.S. Department of Solar Energy


A Community of Giving The New School is grateful to our donor community for its support of the university. This generosity benefits all facets of the university, including scholarship and faculty support, facility upgrades, and special programs. The following lists recognize those who made donations of $1,000 or more from July 1, 2010, to June 30, 2011.

a community of giving

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INDividual Giving $25,000+

Anonymous Eugenia and David Ames* Arnhold Foundation, Inc. Arnold and Sheila Aronson Deborah Beinecke Beale* John E. Beerbower Stephen Berger and Cynthia C. Wainwright P Franci J. Blassberg and Joseph L. Rice, III Steven H. and Susan R. Bloom Dominique Bluhdorn Lee Bowes and Peter Cove P Harlan Bratcher Beatrice K. Broadwater* Charles Bronfman Enrique Chagoya Richard Darling Tess Dempsey* Pierre and Ellen de Vegh Beth Rudin DeWoody* The Diller-von Furstenberg Family Foundation Robert J. DiQuollo Douglas D. Durst Renaud Dutreil Walter and Vera Eberstadt Cheryl Cohen Effron Susan L. Foote David B. Ford Michael and Mary Gellert Robert and Rosa Gellert Louis J. Giraudo Seth M. Glickenhaus Bill Green Patricia F. Green Joe and Gail Gromek Martin Gross Peter and Gaye Gross Jeffrey Gural Victoria Hagan* Robert and Sheila Hoerle Joan L. and Julius H. Jacobson II Sheila C. Johnson Michael and Mary Johnston Donna Karan* Anna-Maria and Stephen Kellen Foundation Reed Krakoff* Eugene M. Lang Nancy Mahon 8

a community of giving

Susan D. McClanahan P E. Peter McLean Robert H. and Guna S. Mundheim David and Melanie Niemiec Michael and Joyce Ostin P Ostin Family Foundation Steve and Diane Parrish Peter G. Peterson Susan and Thomas Plagemann Robert* and Sigrid Pollin Linda Rappaport and Leonard Chazen Leonard and Louise Riggio P William F. Risbeck Bonnie Roche-Bronfman Daniel E. Rothenberg Bernard and Irene Schwartz William and Janet Schwartz Mrs. James C. Slaughter Malcolm and Betty Smith Joan and Michael Steinberg Deborah Aal Stoff P Julien J. Studley Aso O. Tavitian Pamela Thomas-Graham Daniel R. Tishman John L. Tishman Alyce Williams Toonk P Kay Unger* Judith M. Vale Lisa Huestis and David E. Van Zandt George and Nancy Walker William D. Zabel Judith Zarin* and Gerald Rosenfeld Jeffrey Zucker

INDividual Giving $10,000–$24,999

Anonymous (3) Keith and Cathy Abell Jayne and Leonard Abess, Jr. P Arlene and Alan Alda The Alexander Family Foundation P Wayne Alpern P Takis and Evita Arapoglou P Florence and Serge Azria P Lucia T. Benton* Arun and Asmita Bhatia The Bialkin Family Foundation/ Kenneth J. Bialkin *aLumnus or alumna

P

Parent

George and Leslie Biddle Ernestine Bradley Hans Brenninkmeyer James-Keith (JK) Brown Jennifer Andrus Burroughs P Anne Connelly Kenneth and Sherry Corday P Richard and Jean Coyne Family Foundation Marian Lapsley Cross Keith David* Robert and Carolyn Denham Michael Donovan and Nancye Green* Jamie Drake* Fred Dust Diana and Frederick Elghanayan P Theodore Forstmann Bobbie and Lew Frankfort Nancy A. Garvey and E. Stanley O’Neal Nellie and Robert Gipson Eck Meng Goh Robert J. Gordon Robert Greenberg James B. and Kate C. Gubelmann* Jane D. Hartley Jeffrey and Betty Ann Hodgman Carol Colburn Hogel Paul Tudor Jones Andrea Jung Miriam Kartch-Hughes* Jane Kitselman Joseph Lau P Bevis and Clara Longstreth* Susan M. Lyne Jenna Lyons* Ilse Melamid Robert B. and Bethany Millard Peter Model Paul M. Montrone Daniel Motulsky and Caitlin Pincus Susan Packie* Elaine and Simon Parisier Lawrence H. Parks, Jr. Joyce Perelman Timothy L. Porter Lorna H. Power Felix and Elizabeth Rohatyn Susan and Byron Roth P Mr. and Mrs. Jack Rudin Joshua Sapan Philip Scaturro Robert Sherman


INDividual Giving $10,000–$24,999 (continued) Lorie A. Slutsky* Thurmond Smithgall The Ted Snowdon Foundation Elliot Stein William J. Strizever and Ivan Kovacevic Tomio Taki Lee and Marvin Traub Beth Uffner Paul J. Vidich Donald and Diana Wagner P Lloyd L. Wallisch II* and Mary Dodge Hujsak Alan Wanzenberg John Weiss Thomas E. Weisskopf

INDividual Giving $1,000–$9,999

Anonymous (7) Richard and Iris Abrons Andrew and Virginia Adelson P Jerome A. Adler and Beth Lebowitz P Martha Alexander* Henry and Gerry Alpert* Sidsel Taubo Alpert* Bruce and Carolyn Anders P Peter and Joan Andrews John and Judy Angelo George Arzt Paul J. Ash and Cobi Narita E. Nelson Asiel* Marion A. Auspitz* Emanuel and Yoko Ax Mani Ayyar Hildegard Bachert Karen Backus Helga Baitenmann* Mark and Diane Baker Jean T. and Ned W. Bandler Nan Bases John and Astrid Baumgardner Kathleen Beakley Craig Becker Norton and Mary Belknap Edgar and Gail Berner Francisco Bezanilla and Ana Correa P

Matthew C. Blank and Susan McGuirk P Roxanne Brandt* Barbara Braun* Madeline Brine Mildred C. Brinn Kappy Bristol Katherine F. Brush Mario Buatta* Hal and Andrea Burroughs P Harold Burson David Bushler Lawrence B. Buttenwieser Frick Byers* John Calcagno* Craig Calhoun Michael Campbell and Elisa Lobue-Campbell P Ann Schein Carlyss Deborah Carmichael* Paula and Stanley Chait Clive and Bonnie Chajet Raymond G. Chambers Mike and Alice Chen P Benny Kung Wing Cheung P Suthikiati Chirathivat Dan and Rhea Choy Alice Ginott Cohn* and Theodore Cohn Stuart H. Coleman Steven Connell Yvonne and Costa Constantine Nan Rothschild Cooper William and Jane Corbellini* Shelly Cryer and Michael Stern Holly Damiani P Nathalie and Charles de Gunzburg Marie J. de Lucia and Lee Solot Dominick DeRobertis Michael and Barbara DiGuiseppe P John Di Minico* Pavlina Dokovska Bill and Pamela Dutra P Mark and Claire Edersheim Jack S. Ellenberger Mark L. Epstein R. Bradford Evans JoAnn Falletta* Marjorie* and Robert Feeney Harvey and Fiona Fein Marc Fischer P Stuart Fischoff* Raymond and Mary Flieger P Patricia and John Forelle Renée Fox

*aLumnus or alumna

P

Parent

Cody Franchetti* Peter and Lucy Frank* Helen Frankenthaler Burt and Sandra Freeman Jim and Barbara Fox Freund Frances Friedman Roy Friedman William Fuchs* Sylvia Howard Fuhrman B. Keith “B.K.” Fulton* Timur Galen and Linda Genereux P Steven and Susan Ganfer P John Garcia P Lia Gartner Mitchell and Catherine Gaynor The Honorable Bruce S. Gelb Ann and Gordon Getty Teresa Ghilarducci and Rick McGahey* Donald M. Gilbert and Kate B. Landowne P Alexander and Kirsten Glantz Robin Glasser* Dara and Jay Godfrey* Steven Goldberg David P. Goldman Mr. Peter Gong* Evelyn Bingham Goodman* Diana R. Gordon Mac Gray Cynthia Green* Alexis Gregory Teresa Grimm Ken Grossinger and Micheline Klagsbrun Ronald and Cheryl Halpern P Leonard C. and Rosalyn Harber Stephen and Debi Harnik Judith Harris Theodore Harris Ellen and Martin Hauptman William and Jane Havemeyer George W. Haywood The Higgins Family Foundation Elizabeth Hilpman Kenneth* and Susan Hittel William Hodgins* Cynthia Hogan Harriet H. Holstein P Damon Horowitz Peter Horvath Lena Liu Huang Liz Hubig John and Susan Humphreville P

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Betty Iu Konstantin and Paulina Ivanov Janet Jacobs Matthew Jagoda* Eric and Yoon John P Friends of the John Family Wolf Kahn and Emily Mason Joan and Peter Kaskell Gerald M. Kass Beverly Lituchy Kassner Henry and Elaine Kaufman Foundation Ida Kavafian and Steven Tenenbom Mr. and Mrs. Matthew Kawamura P Victor F. Keen Barbara J. Keller William* and Anita Kerr Sukhan Kim Marcia D. Klau Malcolm Klein Jayme Koszyn P Patricia Berry Kozak Elliot Kracko Debbie Kuo* Edith Kurzweil* Nathan Laffin* Elinore Lambert in memory of Marcia Klau John Larkin and Deborah Slaner Larkin Daniel Lashen* Catherine Lecce-Chong and Curtis Chong P Jimmy Lee Joosun and Mi Kyung Lee P Larry Leeds Howard and Sally Lepow Earl Leveque* John A. Levin Robert and Patricia Levinson Aura Levitas Barbara Lifton Cho-Liang Lin Kedakai Lipton* Jeffrey and Lori Litow P The Litwin Foundation, Inc. Helen Liu* Edward W. Livingston David Loeb* Harold and Elisabeth Lorin Gary Loveman Virginia and Robert LuPone Matthew and Andrea Lustig Dee MacDonald-Miller* Joshua L. Mack* 10

a community of giving

Prayudh Mahagitsiri Laura and Scott Malkin Mark Mancini* Karen G. and Laurence Mandelbaum* Joan Mannion and Monte Engler Marshall Marcovitz Hadassah B. Markson Timothy Marshall Douglas Mass Peter W. May Perry McKay Constance and H. Roemer McPhee Cora B.* and Clarence F. Michalis Anelle Miller* Elysabeth H. Miller* Susan and Gregory Moore P William Morrish and Suzanne Dvells P Carol S. Morton Roy Moskowitz James C.W. and Elma W. Moy* Mr. and Mrs. James M. Murtha Stephen and Jesse Nathan P D. Brent and Donna Nelson P Adina M. Newman* Frank and Carol Nickell P Steve and Linda Nislick Dana M. Norvina* Jose W. Noyes Michael Obuchowski, PhD* Paula Sarnoff Oreck Chavali Osathanugrah Michael Oslac P Peter Oundjian Tamera Overby Lauren Baker Pinkus P Scott M. Pinkus P Peter Pirrello Elizabeth and Robert Pitts* Susan Butler Plum Dr. William L. Pollard, President, Medgar Evers College—CUNY Marc Ponthus Nancy Delman Portnoy Judith L. Prager Marylin L. Prince Joshua E. Raff and Michele M. Fillion Carey Ramos and Catrina Bentley Cynthia A. Read Linda and Norman Reimer Eric Richards* William F. Risbeck Catherine Roberts* *aLumnus or alumna

P

Parent

Craig Roberts* James and Danielle Roberts George Rockman Narciso Rodriguez* Frank and Grace Roosevelt* Eric and Alice Roper Sandra Priest Rose David N. Rosen P Paul F. Rosengard Alfred and Jane Ross P Jon and Susan Rotenstreich Julius Rudel* Lawrence and Bernice Rudolph P Donn Russell Richard Russell* Susan Salamone Martha and Frank Salomon Scott Sanders* Ralph D. Sauer Carl E. Schachter* Janet L. Schinderman Steven Schloss and Judith Wilen P June Schneider Michael F. Schober Johan Schouten and Isabelle Schouten Cardon P Theodor Schuchat* Mark Schulman and Judith Copeland Sara Lee Schupf Francesca Schwartz* Denise V. Seegal Melvin Seiden and Janine Luke Kouichi Sekiguchi P Mrs. Richard Selle Arch W. Shaw, II P Hedi Siegel Harry and Rizel Louise Sigele Ellen F. Silverstein Meera Singh* Margaret J. Smith* Peter Sole and Helen Mumford-Sole P Epp-Karike Sonin* Kristin E. Sorenson and Eric Stark P Annaliese Soros Mira J. Spektor* Micki and Harley Spiller* Celina Stabell* Matthew Starr* Michael and Judith Steinhardt Andrew Stern Vera Stern Julie E. Stocker* Ellen M. Strommen


Thomas Strouse and Lori Zukerman P Doris L. Suarez Luis and Maria Suberville P Kamala Sukosol Donald and Marjorie Swift P Marjorie Swig P Tamas Tamas* Mary Elizabeth Taylor Mark and Arlene Tibergien Michelle and Victor Tiganila P Andrew Tisch Eugene M. Tobin Katherine Topaz* John A. Torson Stephen Trevor and Ronnie Planalp P Lynn Weddington Tucker Marshall Tycher and Sally Kushner-Tycher P Matei Varga* Nancy Vignola* Sue and Edgar Wachenheim Judith and Michael Walzer Joan M. Warburg Jeffrey Watkiss and Carol Clayton Watkiss Gene and Angela Weber P Jessica Weber* Ron Weinberg Steve and Linda Weiss Katherine B. Weissman Claire S. Werner* Owen and Carol Whitby Hilary Wilce and Martin Dickson Isabel Stainow Wilcox Kathleen Williams Mark Willis Fred and Judith Wilpon Barbara Winslow Jeffrey Wirth P Kenneth Witkin and Susan Edbril P Harry Wolf The Parents of Louis Wright P Lilian Shiao-Yen Wu Randall S. and Murray Yanker Oi Siong Yeunh and Siew Lee Chew P

Chong Bok and Rok Ja Yi P Robert J. Zilg* Uzi Zucker

InSTITUTIONAL Giving

JPMorgan Chase and Co. Kalmanovitz Charitable Foundation The Karan-Weiss Foundation $25,000+ John S. and James L. Knight Foundation Anonymous (2) LF USA Advocates for Children Liz Claiborne, Inc. AMD Foundation Henry Luce Foundation Inc. America Works of New York, Inc. Annenberg Public Policy Center of Luxury Education Foundation LVMH Moët Hennessy the University of Pennsylvania Louis Vuitton, Inc. Arcus Foundation M*A*C & MILK Arnhold Foundation, Inc. John D. and Catherine T. Binational Softwood Lumber MacArthur Foundation Council Macy’s and Bloomingdale’s Blick Art Materials Anthony Marchionne Foundation The Brown Foundation, Inc. for the Scientific Study of Human of Houston Carnegie Corporation of New York Relationships and Psychological Processes, Inc. Child Welfare Fund James S. McDonnell Foundation Robert Sterling Clark Foundation MCM Worldwide Coach The Clement Meadmore Foundation Condé Nast Publications The Andrew W. Mellon Foundation Daler-Rowney USA MetLife Foundation Ira W. DeCamp Foundation Milano Foundation Deutsche Bank Americas The Ambrose Monell Foundation Foundation Movado Group, Inc. Strachan Donnelley 2003 Mulago Foundation Charitable Trust NBCUniversal Donors Education Collaborative The Charlotte W. Newcombe The Durst Organization Foundation Dyson Foundation The New York Community Trust Edison Properties, LLC Open Society Foundations Baisley Powell Elebash Fund Osceola Foundation, Inc. Eppley Foundation for Research Polo Ralph Lauren The Estée Lauder Companies, Inc. Posen Foundation Fidelity Charitable Gift Fund The Riggio Foundation The Ford Foundation The Rockefeller Foundation Forestry Innovation Investment The Shelley and Donald Rubin GameLab Institute of Play Inc. Foundation GE May and Samuel Rudin Horace W. Goldsmith Foundation Family Foundation, Inc. Green Charitable Foundation Inc. The Fan Fox and Leslie R. Samuels Guess? Inc. Foundation Inc. Heritage Mark Foundation Sandalwood Securities, Inc. Hinckley Yachts The Alexander Schneider Institute for New Economic Foundation Thinking Institute of International Education Harold and Helene Schonberg Pianist Scholarship Trust The Janey Fund The Scully-Peretsman Foundation Jewish Communal Fund of The Sirus Fund New York Skidmore, Owings & Merrill LLP Jo de Mer Alfred P. Sloan Foundation Christian A. Johnson The Starr Foundation Endeavor Foundation Ernst C. Stiefel Foundation The Jones Group Inc. *aLumnus or alumna

P

Parent

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Surdna Foundation Inc. Tavitian Foundation Dan and Sheryl Tishman Family Foundation, Inc. Tishman Construction Corporation United Way of New York City Vanguard Charitable Endowment Program Vantan Design Institute Victoria Hagan Interiors Alex C. Walker Educational and Charitable Foundation Otto and Fran Walter Foundation, Inc. Warnaco Inc.

InSTITUTIONAL Giving $10,000–$24,999

21st Century ILGWU Heritage Fund The Gerald Abell Foundation Avon Products, Inc. A/X Armani Exchange Bank of America Merrill Lynch Barnes & Noble College Booksellers The David Berg Foundation The Viola W. Bernard Foundation Bloomberg Bond Creative Search Brownstein Hyatt Farber Schreck, LLP Calvin Klein, Inc. The Capital Group Companies Charitable Foundation Josephine and Louise Crane Foundation DCC Drake Design II, Inc. Earthcolor Echo Design Group EILEEN FISHER Federal Home Loan Bank of San Francisco Fried, Frank, Harris, Shriver & Jacobson LLP G-III Apparel Group, Ltd. Gilt Groupe Goldman Sachs Gives Grant Thornton LLP The Frank and Helen Hermann Foundation 12

a community of giving

IDEO Interpublic Group of Companies, Inc. J.Crew J. McLaughlin Karen Harvey Consulting Services, Inc. Ada Howe Kent Foundation David L. Klein Jr. Foundation KPMG LLP Kurt Salmon Associates The Lanie and Ethel Foundation Leslie Hsu LLC Lord & Taylor Luxottica Retail Mertz Gilmore Foundation The Leo Model Foundation Newman’s Own Foundation The New World Foundation Phillips Lytle LLP Proskauer Rose LLP Research Foundation for Mental Hygiene, Inc. R/GA Saks Fifth Avenue Select Equity Group, Inc. The Ted Snowdon Foundation Spencer Foundation Sung Joo D & D Inc. Fritz Thyssen Stiftung The TJX Foundation, Inc. United Nations Office for Project Services United Retail

InSTITUTIONAL Giving $1,000–$9,999

Anonymous (3) Action Carting Environmental Services, Inc. The Arthur F. and Alice E. Adams Charitable Foundation Adobe Systems AE Charitable Foundation Air Generate AKRF Alaria Chamber Ensemble, Inc. Alliance for Young Artists & Writers, Inc. Amanda Mintz Creative Management

American Institute for Sri Lankan Studies American Women’s Club of Thailand Amuneal Manufacturing Corp. Apple, Inc. Artist As Citizen Ashland Plumbing Corp. Atlantic Health The Augustine Foundation The Ayco Charitable Foundation Barclays Capital The Theodore H. Barth Foundation, Inc. Beacon Paint & Hardware Edith C. Blum Foundation, Inc. Bollinger Inc. Bolton-St. Johns LLC Brandart Image Packaging Brandeis University Bridgewood Fieldwater Foundation BSH Home Appliances Corporation Buckingham Capital Management, Larry Leeds Burke Supply Company— Jeffrey Eisman Buro Happold CBS Technologies Corp. D/B/A Black Box Network Services Chartwells The Children’s Place Cleantech Climax/Rick Boucher Company William J. Clinton Foundation Lu-Ben Cohen Family Foundation Colburn Foundation Cole Haan College Central Network ComDesign Systems Corporation Construction Realty Safety Group Cosentini Associates CrossCurrents Foundation Cultural Services of the French Embassy/Maison Française The D’Addario Music Foundation Dakom Service Inc. Danielle Roberts Interiors Deloitte Deutsch Inc. The Doneger Group Donna Karan International The Dow Chemical Company Foundation Duro Bag Manufacturing Co. Education Dynamics


INstitutional Giving $1,000–$9,999 (continued) Elle Magazine Empire Office Evaluation Associates Fairway Interior Works, Inc. First Eagle Investment Management, LLC FolioFactory Inc. Foliot Furniture Foundation for Jewish Culture Foundation for National Progress Fulbright & Jaworski The Fulcrum Group Garlock Printing and Converting Corp. GE Aviation GE Foundation Goldman Sachs GoodMart, LLC Google Inc. Grantham, Mayo, Van Otterloo & Co. LLC Graphic Communications Scholarship, Award and Career Advancement Foundation Hachette Filipacchi Magazines Lubo Hadjipetkov, Metrobuild LLC Häfele Hallmark Corporate Foundation Henry Doneger Associates, Inc. Herff Jones Inc. Hogan Lovells Hugh O’Kane Electric Co., Inc. Humanscale IBM International Foundation IGuzzini NA I. Janvey & Sons, Inc. International Festival for Contemporary Performance, Inc. JANA Foundation, Inc. Jephson Educational Trusts Peggy Keenan Jernigan Trust Jewish Community Endowment Fund Jones Lang LaSalle Kahn-Abeles Foundation Kay Unger New York K. Backus & Associates Kirk Palmer and Associates, Inc. Kenneth Koch Literary Estate Inc. Korn/Ferry International Kuiken Brothers Company Inc. La Bella Strings; E & O Mari, Inc.

Langan Engineering and Environmental Services Leonard & Evelyn Lauder Foundation Launch Collective Lawrence Schiff Silk Mills Robert Lehman Foundation, Inc. Levin Capital Strategies, LP Liberty Mutual LoSardo General Contractors Inc. The William and Phyllis Mack Family Foundation Macy’s Foundation Maguire Associates M & O Corporation Marketing Management Group Marr International Group Inc. The MCJ Amelior Foundation Media6Degrees Merlin Foundation Miller Khoshkish Foundation Mode Iles Ltd. Moore Brothers, Inc. Narciso Rodriguez Studio National Basketball Association National Fiber The Neuwirth Foundation Inc. Newmark Knight Frank New York City Partnership Foundation New York Design Center New York University Nixon Peabody LLP Northeast Floor Coverings, Inc. Nouveau Elevator Industries, Inc. Ohlhausen Dubois Architects Omega World Travel, Inc. OmniSolv Pak 2000 PAR Environmental Corporation Paul M. Maintenance Inc. Peco Foundation Phil & Company Philips Lighting Company Ronnie Planalp and Stephen Trevor PM Construction Services Premier Energy Group The Presser Foundation Project Pericles Public Resources Advisory Group Putney, Twombly, Hall & Hirson LLP Quanta U.S. Holdings Qwest Contracting Reid & Company Executive Search

Rockefeller Philanthropy Advisors Rosenberg & Estis, P.C. The Edward John & Patricia Rosenwald Foundation The Alfred and Jane Ross Foundation Schwab Fund for Charitable Giving Schwarz Supply Source Seaman Paper Co. Arch W. Shaw Foundation Shen Milsom Wilke The George L. Shields Foundation, Inc. The Shpilman Institute for Photography Simon Property Group, Inc. The Walter H. Simson Foundation, Inc. SINGER Sewing Company Smart Moving & Storage Specialty Lighting Group The Sam Spiegel Foundation Strong-Cuevas Sunnyside Painting Inc. The Swatch Group U.S. The Teck Foundation Theory TIAA-CREF Wealth Management Group The Tibergien Charitable Fund Tides Foundation Towers Watson United Healthcare OXFORD University Health Plans, Inc. The University of Sydney Urban Foundation Engineering Van Deusen & Associates Verizon Foundation VF Ward Greenberg Heller & Reidy Washington Square Partners M. Zalles Wells College et al. Trust Joseph Wert, HRadvantage Wieden + Kennedy New York YWCA Bangkok The Ira Zaslow Foundation Z.S. Engineering, P.C.

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planned gifts

Matching Gifts

Public Investment

Estate of Alice Adelberg Estate of Astrith J. Deyrup Estate of Lucille A. Diorio* Estate of Bertram Elgot Susan L. Foote Estate of Elaine Gershman Estate of Arthur Leon Horniker Estate of Victor W. Hughes Estate of Pam S. Levin Estate of Richard Obus* Marie Powers Trust* Estate of Natalie G. Risbeck Estate of Mary Green Schillinger Estate of Adri Steckling-Coen* Ruth C. Stern Ralph T. Walker Trust Guido R. Zanni*

Bank of America Foundation Ben & Jerry’s Foundation BP Foundation The Capital Group Companies Charitable Foundation The Chubb Corporation Liz Claiborne Foundation Colgate-Palmolive Company Con Edison Dow Jones & Company, Inc. The Ford Foundation GE Foundation Goldman Sachs & Co. Google Inc. Grantham, Mayo, Van Otterloo & Co. LLC Hallmark Corporate Foundation IBM International Foundation Johnson & Johnson Family of Companies Contribution Fund John D. and Catherine T. MacArthur Foundation Macy’s Foundation The Andrew W. Mellon Foundation MetLife Foundation Mobil Retiree Matching Gifts New York Life Foundation Pearson Inc. Pfizer Foundation PSEG Foundation Saint-Gobain Corporation Foundation Select Equity Group Foundation Towers Watson UBS Investment Bank United Technologies Corporation

The City of New York National Endowment for the Arts National Endowment for the Humanities National Science Foundation New York City Department of Cultural Affairs New York State Education Department Telemedicine and Advanced Technology Research Center (TATRC) U.S. Department of Education/ FIPSE U.S. Department of Energy U.S. Department of Housing and Urban Development

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a community of giving

*aLumnus or alumna


report oN UNIVERSITY FINANCES The New School’s fiscal 2011 financial results demonstrate an ongoing rebound from the economic challenges of recent years. Enrollments and investments produced top–line revenue growth, outpacing expenses and contributing to an increase in total net assets of $35.9 million for the year ended June 30, 2011. Fiscal 2011 was a positive year for the school from an accounting and financial reporting perspective. The university had an increase of $6.8 million from unrestricted operating activities based on revenues of $303.1 million, resulting in a 2.2% operating margin, comparable to last year’s 4.8%. The slight decline in operating margins from 2010 to 2011 reflects continued investments in academic programs. Undergraduate enrollment growth in particular contributed to the positive results. The most significant change in the university’s balance sheet is the addition of $301 million of tax–exempt debt. The debt was incurred to partially finance construction of the University Center. The debt, along with generous contributions for the building, has allowed the project to move ahead. I am pleased to report that Moody’s Investor Service and Standard & Poor’s rated the bonds A3 and A–, respectively. Although 2011 was a difficult year for contributions in general, unrestricted giving from trustees and friends remained robust. We depend on endowment investment return for only 3% of our expenses; we have only fixed–rate, long–term debt; we have no outstanding derivative instruments with counterparty or market risk; and we enjoy ready access to cash. Our financial position is strong.

Frank Barletta Chief Financial Officer and Senior Vice President for Finance and Business

report ON UNIVErSITY financES

15


BALANCE SHEET

June 30, 2011 and 2010 (dollars in thousands) 2011

2010

Assets Cash and cash equivalents

$ 2,434

2,488

Student accounts receivable, net

8,384

7,777

Contributions receivable, net Investments Deferred charges and other assets Funds held by bond trustees Student loans receivable Land, buildings, and equipment

Total assets

38,863

42,079

309,268

285,557

20,449

12,913

284,527

6,975

4,376

4,751

273,539

236,273

$941,840

598,813

$54,757

39,887

11,346

11,270

Liabilities and Net Assets Liabilities: Accounts payable and accrued liabilities Deferred revenue Federal Perkins student loan advances Long-term debt

Total liabilities

3,774

3,852

440,258

147,977

510,135

202,986

237,911

228,795

119,590

95,356

Net Assets:

Unrestricted

Temporarily restricted Permanently restricted Total net assets Total liabilities and net assets

74,204

71,676

431,705

395,827

$941,840

598,813

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2011 report on university finances


Statement of Activities June 30, 2011 and 2010 (dollars in thousands)

2011 Unrestricted

Temporarily Restricted

2010 Permanently Restricted

Total

Unrestricted

Permanently Restricted

Temporarily Restricted

Total

Operating Revenues Student tuition and fees

$ 318,735

318,735

298,782

298,782

Scholarship allowance

(81,021)

(81,021)

(72,614)

(72,614)

Net tuition and fees

237,714

237,714

226,168

226,168

15,519

2,504

12,074

14,578

7,281

5,575

5,575

Contributions

1,207

Grants and contracts

7,281

Endowment return appropriated for operations

4,762

Other investment income

2,442

Auxiliary activities Other income Net assets released from restrictions Total operating revenues

28,299 3,954

14,312 —

10,133

6,283

2,442

1,545

21

1,566

28,299

27,528

27,528

3,954

2,938

2,938

17,169

(17,169)

(778)

288,932

17,461

(17,461)

303,120

2,222

305,342

289,710

4,296

10,579

5,371

Operating Expenses Instruction and departmental research

111,706

111,706

103,353

103,353

Sponsored research and public services

9,337

9,337

8,735

8,735

Academic support

59,265

59,265

53,958

53,958

Student services

19,685

19,685

18,460

18,460

Auxiliary activities

26,674

26,674

25,775

25,775

Institutional support

69,638

69,638

65,592

65,592

296,305

296,305

275,873

275,873

6,815

2,222

9,037

13,837

13,059

2,794

14,921

Total operating expenses Change in net assets from operating activities

(778)

Nonoperating Activities Contributions for capital and endowment

Adjustment of contributions receivable

Grants for capital projects

2,748 (3,171)

3,758 (1,230)

6,506

12,127

(4,401)

(2,069)

(2,249)

(4,318)

972

972

1,903

1,903

Endowment return

17,711

17,151

34,862

11,400

6,829

18,229

Endowment return used for operations

(4,762)

(5,371)

Other, net

(1,021)

56

738

(738)

Net assets released for capital expenditures Reclassification in accordance with ASC 958-205

(10,133)

(6,283)

(965)

(219)

255

22

(1,245)

(255)

(10,579) (1,442)

(10,365)

10,365

Change in net assets from nonoperating activities

2,301

22,012

2,528

26,841

5,153

14,261

(700)

Change in net assets

9,116

24,234

2,528

35,878

18,990

13,483

(700)

31,773

228,795

95,356

71,676

395,827

209,805

81,873

72,376

364,054

$237,911

119,590

74,204

431,705

228,795

95,356

71,676

395,827

Net assets – beginning of year Net assets – end of year

(4,296)

18,714


2011

events PArsons Fashion Benefit The Parsons Fashion Benefit honors innovators in the fashion industry while raising funds to support scholarships at Parsons. This annual event also gives the graduating class of fashion design students an extraordinary opportunity—a runway show in which to display their work to industry leaders. In 2011, Parsons alum Reed Krakoff ’89, the president and executive creative director of Coach, was honored for his creative design aesthetic and his visionary management of an iconic American fashion brand. The 2011 benefit raised more than $1 million for scholarships.

1 2

3

5

1 Arnold Aronson, Marvin Traub. 2 Reed Krakoff, AAS Fashion Design ’89. 3 Prabal Gurung, AAS Fashion Design ’01. 4 Simon Collins; Serena Chang, BFA

Fashion Design ’11; Sheila C. Johnson.

4

5 A look by Claire Consani, BFA Fashion

Design ’11.

6

6 A look by Kathy Sow, BFA Fashion

Design ’11. 7 David Ferron, BFA Fashion Design ’11;

Kevin Carrigan.

18

2011 Events

7


LAGuardia Award Dinner

8

9

The LaGuardia Award Dinner recognizes individuals who exemplify and honor the legacy of New York City’s illustrious mayor Fiorello H. LaGuardia. Proceeds from this annual event provide support for academic scholarships to all the university’s divisions. Last year, the LaGuardia Award was presented to Jeffrey Immelt, chairman and CEO of GE, for his commitment to education and the environment. More than $760,000 was raised at the dinner to help students finance their education.

10

8 Left to right: Henry Arnhold,

Felix Rohatyn, Malcolm B. Smith, Lang professor Stefania deKenessey.

Kerrey Scholarship Dinner

9 Honoree Jeffrey Immelt. 11

10 David Van Zandt. 11 Lisa Huestis, Timothy Porter,

Members of the New School community and friends and family of President Emeritus Bob Kerrey came together at The Metropolitan Museum of Art for a dinner to honor Kerrey’s tenure as the seventh president of The New School. The farewell event raised more than $1.3 million in scholarship funding to support undergraduate students participating in a study abroad program.

12

George Arzt.

13

12 President Emeritus Bob Kerrey,

New School Board of Trustees chairman Michael J. Johnston.

13 Lawrence O’Donnell. 14 Steve Martin, Abigail Washburn. 15 John L. Tishman . 14

15

2011 Events

19


20

trustees and boards of governors


Trustees *

Boards of Governors *

Board of Trustees of The New School

Mannes College The New School for Music

The New School for Public Engagement

Parsons The New School for Design

Michael J. Johnston, Chair David B. Ford, Vice Chair Robert H. Mundheim, Vice Chair Henry H. Arnhold Arnold H. Aronson Franci J. Blassberg Steven H. Bloom Beth Rudin DeWoody Douglas D. Durst Renaud Dutreil Susan L. Foote Michael E. Gellert Paul A. Gould Joseph R. Gromek Jeffrey Gural Susan U. Halpern William E. Havemeyer Robert F. Hoerle Sheila C. Johnson Bevis Longstreth Nancy Lublin Susan M. Lyne Jonathan Newcomb Timothy L. Porter Linda E. Rappaport Joshua Sapan Bernard L. Schwartz Mrs. James C. Slaughter Malcolm B. Smith Elliot Stein Julien J. Studley John L. Tishman Kay Unger David E. Van Zandt George Walker Lilian Shiao-Yen Wu Randall S. Yanker William D. Zabel

Linda E. Rappaport, Chair Eugenia A. Ames John E. Beerbower Beatrice K. Broadwater Michael E. Gellert Alexander Glantz Peter M. Gross Jayme Koszyn David W. Niemiec Philip Scaturro William A. Schwartz Mrs. James C. Slaughter William J. Strizever Donald A. Wagner Stephen D. Yarad

Steven H. Bloom, Chair Randall S. Yanker, Vice Chair Kofi Appenteng George C. Biddle Hans Brenninkmeyer James-Keith (JK) Brown Gwenn Carr John Catsimatidis Marian Lapsley Cross Robert J. DiQuollo Susan U. Halpern Jeffrey J. Hodgman Joan L. Jacobson Alan Jenkins Eugene J. Keilin Robert A. Levinson Bevis Longstreth Anthony Mannarino Victor Navasky Steve Nislick Lawrence H. Parks, Jr. Lorie A. Slutsky Julien J. Studley Kevin Sullivan Paul A. Travis Emily Youssouf Judith Zarin

Sheila C. Johnson, Chair Nancy Walker, Vice Chair Arnold H. Aronson Dominique Bluhdorn Harlan Bratcher Richard N. Darling Tess Dempsey Beth Rudin DeWoody Michael Donovan Fred Dust Renaud Dutreil Eck Meng Goh Robert Greenberg Joseph R. Gromek Victoria Hagan Jane D. Hartley William E. Havemeyer Donna Karan Sidney Kimmel Reed D. Krakoff Nancy Mahon Susan D. Plagemann Paul F. Rosengard Denise V. Seegal Tomio Taki Pamela Thomas-Graham Marvin Traub Kay Unger Alan C. Wanzenberg

Life Trustees

Walter A. Eberstadt Eugene M. Lang Philip Scaturro Tomio Taki

ARTIST MEMBERS Danielle de Niese Gordon P. Getty Murray Perahia Julius Rudel Robert Sherman Frederica von Stade

The New School for Social Research Susan L. Foote, Chair Bernard L. Schwartz, Vice Chair Paul Vidich, Vice Chair Henry H. Arnhold Kenneth J. Bialkin Craig J. Calhoun Keith David Michael E. Gellert Edith Kurzweil Paul B. Marrow, Esq. Ilse Melamid Daniel T. Motulsky Robert H. Mundheim Michael Obuchowski Robert N. Pollin, PhD Dale Ponikvar Malcolm B. Smith Elliot Stein Aso O. Tavitian

HONORARY MEMBERS

David N. Dinkins Lewis H. Lapham

Eugene Lang College The New School for Liberal Arts Arnold H. Aronson, Chair Jeffrey Gural Dana Hokin Jhanna Krentsel Susan D. McClanahan Rodney W. Nichols Malcolm B. Smith Deborah Aal Stoff John L. Tishman Lilian Shiao-Yen Wu

HONORARY MEMBERS

Marvin Blumenfeld Hélène David-Weill Anna-Maria Kellen Jack Lenor Larsen Dianne H. Pilgrim Betty Sherrill

The New School for Jazz and Contemporary Music Kent A. Clark, Chair James C. Freund, Vice Chair Bertram H. Lubin Hank O’Neal Timothy L. Porter Mark A. Schulman Ruth Sheetrit *as of 3.31.12


To learn more about giving to The New School, call 212.229.5662 x3571 or email stewardship@newschool.edu. Office of Development and Alumni Relations 79 Fifth Avenue, 17th floor New York, NY 10003 www.newschool.edu/giving


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