Long Term Goals

1. To raise capital for a permanent Endowment Fund for The Oratory School of Summit,

where the invested income will:

• Provide funds for annual operations, where necessary

• Provide an annual income stream to assist with Financial Aid

• Provide funds for capital projects

2. To constantly assess changing and emerging needs within the Oratory School of Summit

and develop support strategies to respond to them

Short Term Goals

To raise the necessary capital to fund:

1. The construction of a 45,000 sq. ft. building, which will include:

• Eight new state-of-the-art classrooms

• Fitness and Athletic Center

• Administrative offices

• Board of Trustee meeting room

2. The enhancement of the physical plant at The Oratory School of Summit:

• Converting its current gym into a cafeteria and multi-purpose space

• Increase the size of itsworking kitchen

3. A permanent Endowment Fund for The Oratory School of Summit

The Michael A.J. Farrell Foundation Inc. · P.O. Box 3 · Summit, NJ 07901 · 908-967-8911