As I've stated before, I don't really buy that these projects don't affect the tuition price. The "sizeable pledges" could be geared towards operations & not to big vanity projects.
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Yavneh Academy - ישיבת יבנה
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It gives us great pleasure to announce that the Yavneh Board of Directors have approved a building renovation, beginning with a complete modernization of the Early Childhood Wing. Further phases of the project include an expansion of the parking lot, with up to 82 additional parking spaces, and the creation of a 1,000 square foot Atrium. This Atrium will create a more suitable entrance to our school, with a welcome center and a multi-purpose area. We hope to begin construction on the parking lot this fall, with the goal of building the Atrium next summer.
At Yavneh, our core belief is in “affordable excellence”. This project is being undertaken with the goal of creating a state of the art facility for our children, while keeping a close eye on managing our expenses. As of now, there is no plan to incur any debt for this project.
We have been fortunate to lower tuition the past two years and we hope to be able to continue this trend going forward. It is with this in mind that we are creating a capital campaign, to ensure the affordability of Yavneh tuition for years to come. We have already received several sizeable pledges which will help get this project off the ground, but we do need your support to reach our goals while keeping tuition in check.
In the coming weeks we will formally introduce our capital campaign and strongly encourage all who are able to participate.
Best Wishes,
Eric Fremed, President
Mendy Schwartz , Building Committee Chairman
Josh Buchsbayew, Development Committee Chairman
Elie Rosenfeld , Development Committee Chairman
Jonathan Knapp ,Principal
Joel Kirschner , Executive Director |
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Guest · 669 weeks ago
Yavneh lowered their tuition and is aiming to make their facility more competitive. I think adding parking spots is great! Parents will finally be able to park on-site.
Donors earmark their money. Just because they are able to raise funds for this project doesn't mean they could raise the same funds from the same donors for operations. I think it is foolish to believe that schools won't make capital and cosmetic improvements and let their buildings go, in order to save you money.
No Issue · 669 weeks ago
Tzedakah starts at home. If people in our community want to help LOCAL institutions, what better place than to start with a proven, very successful educational institution?
It appears to me that Yavneh's board and admin have been taking nothing but positive steps over the past couple of years. Despite rising costs, tuition has been relatively frozen or lowered moderately, more donors have come on board, facility is being modernized at no direct cost to regular families and they have started more initiatives with regard to fundraising...win win for our community. Now, if all schools can mirror Yavneh, be it existing schools or He'Atid, we will be in good shape. I think when YNJ did their expansion, they increased their building fund 2k per family...so, clearly, Yavneh is approaching this differently than, LET'S take more money from EVERYONE in town. They are fund raising and improving the product and / or experience for our community.
ann · 669 weeks ago
ClooJew · 669 weeks ago
You're wrong. These pledges are made only when there is building going on and there are naming rights.
conservativescifi · 668 weeks ago