St. Johnsbury Academy Announces $15 million Embrace the Dream Campaign
Led
by a $5 million challenge gift, from an anonymous boarding student
parent, St. Johnsbury Academy has announced the largest campaign in the
school’s history. Academy
Headmaster Tom Lovett and Board of Trustees President and Campaign
Chair, Lee Hackett ’57 officially announced the Embrace the Dream
campaign during the school’s annual alumni banquet on June 5. During
the quiet phase of the campaign, leadership gifts from
trustees, faculty, alumni, parents, friends, and foundations have
raised more than $12 million in cash and pledges toward the $15 million
goal. “I am always humbled by the generosity of the Academy community,”
Lovett said. “To have raised so much money without
publicly launching a campaign is an inspiring sign of the faith our
alumni, friends, and benefactors have in our mission and our people.”
The
Embrace the Dream campaign is already benefitting Academy students
through gifts received prior to publically announcing the campaign. The
campaign has provided funds
to build a new dormitory, endow two faculty Chairs, and construct a new
engineering laboratory. In its next phase, the campaign will continue
to improve school facilities (including the construction or remodeling
of on-campus housing and upgrading technology
infrastructure) and build the school’s endowment (emphasizing
additional endowed faculty chairs and financial aid for needy incoming
students). The campaign, as a comprehensive campaign, will also enhance
student programs and services by increasing funds
raised through the Academy Annual Fund.
This
comprehensive campaign has already received broad based support,
including every annual fund donor. Director of Alumni and Development,
Tammi Cady ’88, emphasized
the importance of every gift, regardless of size, stating, “Every donor
is important, not just for the dollars given, but also for the
commitment that their support demonstrates.” Cady added, “Despite the
worst economy in 70 years, we have established new
records for the annual fund in each of the past two years, helping us
to reach 80 percent of the campaign goal prior to announcing the
campaign. This is a great testament to the loyalty and generosity of
our community.”
In
announcing the campaign, both Hackett and Lovett spoke of the
transformational impact that this campaign will have on the Academy and
the local community, enabling the
Academy to continue its mission of providing world class educational
opportunity to every student, regardless of ability or circumstance.
Lovett added, “Other people in other times have done heroic things to
make the Academy great. Now it’s our turn, our
time to embrace the dream of the Fairbanks brothers. We have the
opportunity to change the lives of young people, to help them dream big
and attain those dreams, regardless of where they come from, what they
love, or how they learn. This is what we promise
every parent, whether they are from Caledonia County, California, or
China. This campaign will help us continue to deliver on that promise.”
This
dream, combined with the resources to make it possible, has been
renewed repeatedly through the generosity of those who share this vision
and love for the Academy.
“For decades, we have boasted that Academy students have left this
place better than they found it and that those who come before take care
of those who will come after,” said Lovett. “This campaign is just one
more way to keep that tradition alive.” From
John Watson ’00, whose bequest established the modern Academy, to the
“Building on Tradition” and “Just Imagine” campaigns, the Embrace the
Dream campaign will renew and transform the Academy, providing the
resources to extend its mission well into the 21st
century.
Additional information about the campaign is available by contacting Tammi Cady by phone at 802-751-2010, or email at
tcady@stjacademy.org.