The Rashi School announced a $2 million challenge grant from Lizbeth and George Krupp through The Krupp Fund for the Future of The Rashi School. The fund was established to increase affordability for families whose annual income falls below $350,000. Lizbeth and George Krupp created the challenge to inspire the Rashi community to support education access and affordability for Greater Boston-area middle-class families. To receive the donation, The Rashi School must raise $4 million to be utilized for the same targeted financial aid as the Krupp commitment.
George Krupp, who once taught in a Jewish day school, understands the benefits of such establishments from firsthand experience. “I view day schools as the main producer of Jewish leadership in the United States,” said Krupp. “Unfortunately, they’ve become unaffordable. The model is unsustainable, especially as it relates to the middle class. The Krupp Fund for the Future of The Rashi School was established to ensure the Rashi education is accessible for middle-class families.”
“We are thrilled to work with the Krupps on such a meaningful initiative,” said Rashi head of school Adam W. Fischer. “Both Lizbeth and George understand the value of a Jewish education and the need to make it accessible to more families in the Greater Boston area. Their generous gift is an inspiration to the local Jewish community. We are confident that Rashi can achieve the $4 million goal.”
Rashi’s strong commitment to affordability and access is a top priority. Recently, the school announced five creative tuition grants to help local students and families become part of their welcoming and inclusive community. To that end, The Rashi School offers one of the most generous financial aid programs in the country. For more about the tuition assistance programs at The Rashi School, please visit rashi.org/tuition-financial-aid.
“Approximately 49% of Rashi students benefit from financial support and the school is committed to being a welcoming, socio-economically diverse institution,” said David Grossman, president of Rashi’s Board of Trustees. “We are honored by the Krupps’ phenomenal support, which has motivated the board to think aggressively and offer additional financial incentives over the next three years that we expect will be well-received by prospective families.”
This post has been contributed by a third party. The opinions, facts and any media content are presented solely by the author, and JewishBoston assumes no responsibility for them. Want to add your voice to the conversation? Publish your own post here. MORE