The Foundation for a Meaningful Life
Kindergarten - Grade 9 in Southborough, MA
Kindergarten - Grade 9 in Southborough, MA
About
2025 Strategic Plan
2025 Strategic Plan for Fay School
Fay School’s 2025 Strategic Plan was approved by the Board of Trustees at its annual spring meeting in May 2022. The plan identifies five areas of focus as the School continues to grow and evolve to meet the needs of its students: School Community, Campus Planning, Environmental Sustainability, Alumni Engagement, and Financial Sustainability.
As with the previous plan, the 2025 Strategic Plan is designed to ensure that Fay School will continue to realize its single, most important goal: to provide students with the foundation for a meaningful life. While the Plan is a road map for our ongoing improvement, it continues to honor the guiding principle established by founder Eliza Burnett Fay in 1866—“to lay a foundation for education in its broadest sense.” As we embrace our history and uphold the traditions established by our nineteenth-century founders, we are keenly aware that the best way to fulfill our mission in the 21st century is to continue to evolve in a thoughtful and deliberate way.
School Community
Objective: Deepen Fay’s commitment to building and maintaining a diverse, equitable, and inclusive school community
Strategies
• Implement a comprehensive plan to broaden diversity, ensure equality of opportunity, and cultivate a sense of belonging that informs goals and allocation of resources for:
- Educational program
- Student life
• Further develop programs and activities grounded in Fay’s values that
- Promote cultural competence
• Implement a comprehensive plan to broaden diversity, ensure equality of opportunity, and cultivate a sense of belonging that informs goals and allocation of resources for:
- Educational program
- Student life
- Parent and family programs
- Hiring and staffing
- Faculty and staff professional development
- Marketing and admission
- Board of Trustees composition and development
- Hiring and staffing
- Faculty and staff professional development
- Marketing and admission
- Board of Trustees composition and development
• Further develop programs and activities grounded in Fay’s values that
- Promote cultural competence
- Facilitate respectful dialogue
- Enable members of the school community to engage constructively across differences
- Enable members of the school community to engage constructively across differences
Campus Planning
Objective: Undertake continuous preservation, renovation, and development of the School’s campus, facilities, and infrastructure to sustain institutional excellence
Strategies
• Update the campus master plan
- Review the existing master plan, identify new campus projects, and revise cost estimates
- Assess funding opportunities
- Create a prioritized schedule of projects
• Create a facilities risk management plan
- Identify issues not addressed in the regular facilities maintenance budget that may occur at some future date
• Update the campus master plan
- Review the existing master plan, identify new campus projects, and revise cost estimates
- Assess funding opportunities
- Create a prioritized schedule of projects
• Create a facilities risk management plan
- Identify issues not addressed in the regular facilities maintenance budget that may occur at some future date
- Prioritize risks, create contingency plans, and determine capital budget implications
Environmental Sustainability
Objective: Actively support environmental sustainability through operational policies and program decisions
Strategy
• Implement a school-wide environmental sustainability plan
- Determine goals for campus, facilities, and the educational program
• Implement a school-wide environmental sustainability plan
- Determine goals for campus, facilities, and the educational program
- Identify efficiencies, incentives, and funding options
- Incorporate environmental sustainability in design principles for future capital projects
- Incorporate environmental sustainability in design principles for future capital projects
Alumni Engagement
Objective: Institutionalize an alumni engagement program
Strategy
• Establish a formal structure for alumni communications and activities to achieve:
• Establish a formal structure for alumni communications and activities to achieve:
- Annual goals for increasing alumni engagement
- Annual goals for increasing alumni participation in the Fay Fund, capital giving, and the 1866 Society
- Optimal representation of alumni on the Board of Trustees
- Annual goals for increasing alumni participation in the Fay Fund, capital giving, and the 1866 Society
- Optimal representation of alumni on the Board of Trustees
Financial Sustainability
Objective: Strengthen financial stability and agility by reducing dependence on tuition revenue
Strategies
• Conduct a thorough assessment of tuition/pricing
- Assess the viability of expanding the Early Learning Center
- Determine the scope of international summer and school-year partnerships
- Explore new sources of ancillary income
• Determine goals and priorities for the endowment
• Adapt the strategic financial plan to provide funding for strategic priorities
• Conduct a thorough assessment of tuition/pricing
- Study competitor pricing and projected demographic changes in current and potential target markets
- Update tuition and financial aid assumptions
• Increase non-tuition revenue- Update tuition and financial aid assumptions
- Assess the viability of expanding the Early Learning Center
- Determine the scope of international summer and school-year partnerships
- Explore new sources of ancillary income
• Adapt the strategic financial plan to provide funding for strategic priorities
48 MAIN STREET
SOUTHBOROUGH, MA 01772
main number 508-490-8250
admission 508-490-8201
SOUTHBOROUGH, MA 01772
main number 508-490-8250
admission 508-490-8201
