Scholarships and Special Initiatives

While gifts to the Newark Academy Annual Fund are vital to daily operations, there are other educational needs that must be funded outside the scope of the annual operating budget. One prominent example of such needs is financial support for highly qualified students whose families cannot afford a Newark Academy education without assistance (see information on the right).

Currently, Newark Academy is seeking support for three Special Initiatives:

Through generous support and careful management of investments over the past 10 years, the Newark Academy endowment has grown to more than $30 million.  While the rate of growth has been impressive, it cannot keep pace with the increasing tuition costs and requests for financial assistance from the families of highly-qualified students. In order to meet this need, NA is seeking to add an additional $1 million in endowed scholarship support by 2023. Gifts for scholarship endowment may be directed to:

• the general scholarship endowment;
• an existing endowed scholarship program, such as the Newark Scholars program; or
• the creation of new fully endowed, named scholarship fund.

One of the strengths of Newark Academy is its history and tradition of educational innovation. Thanks to nearly 250 years of experience, NA educators have the confidence to avoid passing trends and the courage to change and grow with the changing needs of our students and the world around them.  In order to ensure that our faculty are encouraged to, and capable of, continuing to keep NA on the forefront of secondary, private school education, the Board of Trustees is creating a new endowment fund for Innovations in Teaching and Learning. 

The fund will provide current NA faculty members with grants to reimagine classroom education, moving beyond content mastery alone, to focus on the essential skills that every student will need to take his or her place in the 21st century. In order to begin making such grants, the Fund for Innovations in Teaching and Learning will need to secure $1 million in support by 2023.

Newark Academy’s campus has been transformed in the past decade. New facilities include the Wilf Middle School, the Petrello Upper School Academic Center, a complete renovation of all science labs and outdoor athletic facilities and, most recently, the Coraci Performance Hall.

While these state-of-the-art facilities now make up the majority of the campus, there are still 17 classrooms which have not changed substantially since Newark Academy re-located to the Livingston campus in 1964.  Improving these classrooms will likely require new windows and lighting, updating HVAC systems and installation of the full complement of educational technology hardware.  Funding for these improvements is expected to require approximately $1.5 million in gifts by 2023.    

Gifts to these initiatives may be fulfilled over a three-year period. To learn more or to discuss how you might support any one of these Special Initiatives, please contact Chief Advancement Officer Rose McSween at rmcsween@newarka.edu or by calling 973-992-7000, ext. 321.