For the 2009-2010 school year, Timothy has established a Scholarship Fund that will help to ensure that the neediest children in Philadelphia are provided equal access to a quality education. Timothy’s Scholarship Fund will assist low-income families who can not afford to pay full tuition, while also allowing Timothy to allocate a percentage of its revenue towards longer-term program and facility improvements. Among other objectives described herein, Timothy’s Scholarship Fund will support:
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Promotion of teacher retention through salary increases and training opportunities.
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Maintenance and infrastructure repair of Timothy’s facilities – a converted factory and a 19th-century school building.
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Assuring safe transport of students, to and from school, through some of the city’s most violent neighborhoods.
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Expanded student recruitment and curriculum development efforts.
Timothy’s projected 2009-2010 Scholarship Fund budget, which comprises both ongoing school operating expenses and the additional goals for the school year outlined above, is $300,000. As over 70% of Timothy’s revenue comes from private fees, Timothy is now seeking to develop a diverse funding base that is sustainable over the long term and that will support both high-quality education for lower-income children and teacher retention efforts. As such, Timothy Academy respectfully requests you to consider supporting its 2009-2010 Scholarship Fund, which will directly benefit hundreds of North Philadelphia’s at-risk children who far too often lack opportunities for academic and spiritual growth.
