LFA LAUNCHES $20 MILLION INSPIRE AND INVEST INITIATIVE
In January 2018, Lake Forest Academy began the leadership phase of a three-year Initiative to sustain and grow LFA’s efforts to continue to provide deserving students access to scholarships as well as first-rate faculty. This initiative is part of the 2018 LFA Strategic Plan, which challenges the Academy family to increase the permanent endowment to $50 million or more by 2021. On November 1, 2019, the school announced $12.5 million has been committed toward the $20 million goal.
The endowment’s value on June 30, 2019 was approximately $41 million, up substantially from its market value of $11 million in 2001. Although the endowment continued to grow despite the 2008-09 recession, a school of LFA’s size, stature, age, operational breadth and program expanse needs a substantially larger endowment to compete with other private schools. Growing the endowment to $50 million or more will position LFA well for its future as the Academy celebrated the leadership of Dr. John Strudwick (2001-2019) and welcomed new Head of School José M. De Jesús in 2019-20. The Initiative is co-chaired by Academy Trustees Jim C. Cowart ’69 of Laguna Niguel, Calif., and Patrick Corsiglia of Lake Forest (parent of two alumni and one current student).
Support for Great Students
An LFA education exposes students to a world of opportunities, in and out of the classroom, at home and abroad. The Academy strives to ensure that these young people receive the best college-preparatory education possible, at a cost that allows for economic diversity among the student population. As part of this Initiative, the Academy seeks new and increased endowed scholarships to ensure that LFA remains a richly diverse and culturally stimulating environment, as well as a place where deserving, academically qualified students, regardless of their family’s economic circumstances, can live and learn side by side.
Support for Great Teachers and Inspiring Coaches
Caring and nurturing professional faculty members are at the heart of the LFA experience. LFA students and alumni alike cherish a close, positive relationship with their teachers and coaches. LFA faculty educate and nurture students in the classrooms, on stage, in dormitories, and on playing fields, providing around-theclock care and supervision to our community of 430+ young adults. They are the mentors, advisors, and surrogate parents that students rely on, and require, during their formative teen years spent at LFA. As part of the Initiative, the Academy seeks endowed funds to name academic chairs and to provide professional development for teaching faculty and staff. By continuing to invest in faculty chairs and by providing continuing education, professional development and personal enrichment programs to faculty, LFA will continue to attract and retain the highest caliber faculty in the nation.