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ASIJ Receives ¥100 Million Endowment Gift
By Matt Wilce 13-Nov-19
The American School in Japan (ASIJ) has received a gift of ¥100,000,000 (nearly US$950,000) to its endowment from the ASIJ Parent Teacher Association (PTA). The gift was announced on 23 May at a donor reception at Meiji Kinenkan. Jim Hardin, Head of School, spoke about the PTA as an integral part of the ASIJ community, stating that this gift will provide a significant boost to ASIJ’s finances. “This donation is the result of thousands of volunteer hours and ASIJ’s PTA is one of the most supportive of any school I have experienced,” Hardin said. ASIJ is looking to build its endowment through outreach to alumni, corporations, and parents, with the objective of reducing ASIJ’s dependence on tuition. Leading college preparatory schools have large endowments that help offset increasing costs and allow for the enhancement of programs. “Building our endowment is one of ASIJ’s most important strategic objectives over the next few years, I am grateful for the PTA’s leadership in kick-starting this effort,” said Bob Noddin, Chair of ASIJ’s Board of Directors and Trustees. Peter Pierce, ASIJ Director of Advancement reported that ASIJ is having a successful fundraising year. “The PTA donation brings awareness to the need for ASIJ to boost endowment. The ASIJ community is very generous and because donations are tax-deductible in either Japan or the United States, it provides great flexibility for donors,” says Pierce. Serving students from over 47 countries, ASIJ has offered a coeducational, college preparatory program since 1902. It operates on two campuses with the mission of “fostering a community of inquisitive learners and independent thinkers, inspired to be their best selves, empowered to make a difference.”
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