In the data and graphs, you will see that we have increased our tuition assistance to students for the past three years, with the total number of students receiving assistance increasing the past two years. At the same time, our endowment has stabilized and started to grow again. This is a result of good investment returns and decreased endowment spending. As many of you know, our endowment’s value plummeted during and after the financial crisis, due to the loss of value of our land holdings, general market declines, and the spending needed to maintain the school through very challenging times. After a decade of hard work by everyone on campus, we are back in balance. We are on track to spend the Board of Trustee-mandated 5% of a 20-quarter average of the endowment during fiscal year 2020 (this counts all expenses: operations, debt principal and interest, and endowment management expenses), and we will adopt a budget for fiscal year 2021 that also meets this goal. To ensure the future health of the Academy, the Board of Trustees has set this level of spending for the foreseeable future.
Andrew T. Watson, Head of School
Top 3 Alumni Giving Classes
1988
2003
1993
Top 3 Classes – Parent Participation
2025
2021
2019
Thank you!
We are grateful to all in our community who made gifts to Albuquerque Academy during the 2019 fiscal year. Your gifts help the Academy continue to be a place where students learn, grow, and succeed. Thank you for supporting our students as they make their mark on the world.
The many names listed here demonstrate that every gift to Albuquerque Academy – no matter the size – truly matters.
Many people in our Academy family have given their time, talent, and treasure, making an incredible impact on our school. Donor support creates learning opportunities and supports all facets of Albuquerque Academy’s mission and for that we extend a heartfelt thanks. All gifts – annual gifts that make an immediate impact to endowed funds that last in perpetuity – enable the school to achieve its mission and remind us every day that with the right resources, there’s no limit to what we can make possible together.