Norwood undertakes capital campaigns to fund large-scale needs, including building projects, endowment funding, and financial aid.
From our move into the Steuart Building on River Road in the 1970s, through the construction and renovation of the Ewing and Marsh buildings in the 1980s, to building the Middle School and acquiring the Hyde property in the late 1990s, and renovating the Murray Arts Center as well as creating the Gosnell Courtyard and Linke Garden in 2005 – each initiative has transformed the School because of generous community support.
Our ongoing major gifts program seeks larger gifts for specific initiatives outside the cycle of a major capital campaign. The Hudnut and Henderson endowment funds, for example, encourage faculty professional development. Other recent contributions have included extraordinary support for housing assistance and financial aid.
In addition, we are committed to the continued growth of Norwood’s endowment. The endowment has expanded from $750,000 in the late 1990s to approximately $5 million today. Notwithstanding this impressive growth, our endowment still falls short of the national average for schools of our size and for a school with an operating budget of approximately $15 million. To help secure Norwood’s future, we continually encourage significant support for Norwood’s four main endowment categories: faculty training, compensation, and special projects; financial aid; facilities; and educational program.