Education

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Summit Educational Foundation Launches Endowment Campaign

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On Friday, October 1st, SEF launched an Endowment Fund, a multi-million dollar endowment to ensure the fiscal stability and future excellence of Summit’s public schools. The launch, hosted by Claremont Realty Group, was an opportunity to thank early supporters and publically kick-off the campaign. Paul Rissman, Endowment Committee Co-Chair, Toni George, Principal at the Claremont Realty Group, Nora Radest, Endowment Committee Co-Chair, and Nicole Blomfield, SEF Board President, celebrated the campaign’s initial pledges of over $3.5 million.
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With the launch of the SEF Endowment on Friday, October 1st, long-term strategic programs such as eliminating the achievement gap amongst Summit students will receive added attention and support. Ron Poles, Principal Jefferson Elementary School, shares SEF funded initiatives with Summit parents, Debra and Stewart Trisler, and discusses opportunities for future investment.
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Nicolette Angelos-Noss, SEF Liaison, Steve Greenblatt, Eric LeGoff, SEF Endowment Committee Member, Nellie Stewart, SEF Liaison, and Amanda Greenblatt, SEF Endowment Committee Member, celebrate the launch of the Summit Educational Foundation's Endowment Fund on Friday, October 1st at the Claremont Corporate Center in Summit, NJ.
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Jack Lyness, Summit Board of Education President, and Dr. Nathan Parker, Summit Schools Superintendent, address parents and SEF supporters at the October 1st SEF Endowment Fund launch. The Endowment Fund will provide integral support for long-term strategic programming in all district schools. Dr. Parker stated, “With community support through SEF, anything is possible.”
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SEF launches Endowment Fund in support of Summit schools. Paul Rissman and Nora Radest, Co-Chairs of the Endowment Fund Committee, hope to build a source of reliable funding for long-term educational projects. “We will still be accepting Annual Fund grant applications in the spring and fall,” comments Radest. “The endowment will pick up where grants end, ensuring sustainability for longer term projects.”
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Nora Radest, Endowment Committee Co-Chair, Kim Bredahl, Laura Schaffer, and Amanda Greenblatt, Endowment Committee Members, celebrate the launch of the Summit Educational Foundation’s Endowment Fund on Friday, October 1st at the Claremont Corporate Center in Summit, NJ.
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Private funding, once a staple of exclusive educational institutions, is now integral to maintaining and enhancing local public school systems.  Last year, the Summit Educational Foundation's (SEF) Annual Fund invested over $400,000 in teacher and district-initiated grants.  On Friday, October 1st, the organization publicly announced an endowment, which will ensure a reliable income to help support long-term projects.  “SEF is taking a proactive step in establishing the Endowment Fund,” says Nora Radest, Endowment Committee Co-Chair.  “With $3.5 million in committed pledges, SEF hopes to secure $5 million in funding to enrich our children’s educational experience.” 

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