Financial Sustainability & Endowment

Friends Select’s focus on Financial Sustainability and Endowment Growth means establishing systems and policies that ensure ongoing assessment of present revenues, expenses, efficiencies, and investments. Currently, there are three primary areas of focus: revenue generation, programmatic and facility enhancements, and diversifying adult and student populations.

Friends Select continues to implement a strategic plan that:
•Expands initiatives to grow the endowment and other sources of revenue.
•Establishes competitive faculty and non-faculty compensation.
•Addresses short- and long-term needs to improve facilities.
•Enables the school to attract, enroll, and employ a diverse student body, faculty, and professional staff.
•Systematically examines and addresses standards of affordability for tuition and financial aid.
•Leverages reciprocal partnerships to support financial goals.

Friends Select's New Upper School STEAM Building

The momentum of the Advance Friends Select: Transformation Campaign continues with the expansion of Friends Select’s campus across 16th Street. Work is under way on the historic townhome at 1520 Race Street, which will officially become the upper school’s center for Science, Technology, Engineering, Art, and Math (STEAM), with four floors and 15,000 square feet for classrooms, laboratories, and studios.

Advance Friends Select: Transforming the Parkway Building, Expanding the Campus, and Growing the Endowment

When Friends Select students began the 2021–22 school year, they were welcomed with new learning spaces in the Parkway Building, thanks to the Advance Friends Select: Transformation Campaign.

A New Lower School Arts Studio, Thanks to the Gilroy and Lillian P. Roberts Charitable Foundation

Friends Select School is the recipient of a grant from the Gilroy and Lillian P. Roberts Charitable Foundation to support the creation of the Parkway Building’s new lower school art studio that will inspire students in pre-kindergarten through fourth grade to further develop knowledge and appreciation for the arts and their creativity.

Holding Ourselves Accountable

A vendor diversity action plan can help support local businesses led by women and people of color.