Giving Book by The New School

Giving 2012

Envisioning Potential

I take great pride in showcasing supporters of The New School and am inspired by their passion. These days, virtually every college and university in the country relies on individual and institutional donors to fund the student scholarships, faculty research, and curricular experimentation that are part of a superior learning experience. Donors who have found their way to The New School are excited about the future and the extraordinary potential of higher education. We are an excellent match. As the pace of change increases, our responsibilities as educators become more important. The New School prepares students for careers in a rapidly evolving marketplace and for the challenges facing us today: expanding cities, diminishing natural resources, and changing demographics that will affect every aspect of life on earth. The New School is committed to providing an education that engages with the world around us and constantly interrogates the status quo. But as you know, we cannot do it alone. In the 2011–2012 academic year, we awarded more than $86 million in scholarships, helping to make a New School education more affordable for over 7,000 students. Our donors supported pathbreaking initiatives such as our new undergraduate curricula, our entry in the Solar Decathlon, and the construction of the University Center, which will become our campus hub when it opens in fall 2013. Your generosity made these projects — and countless others— possible, allowing us to offer New School students greater opportunities in a range of disciplines. Supporters and sustainers of The New School understand our unique role in higher education and share our enthusiasm for its future. You recognize our proud legacy as an intellectual and creative center where students and faculty from all over the world devise creative ways to improve the world and promote tolerance and equality. I appreciate your generosity and look forward to your support as we continue to evolve.

Our donors are helping The New School advance as an intellectual and creative center for effective engagement in the world.

David E. Van Zandt

contents Seeing results Find out how The New School is supporting the next generation of creative and critical thinkers

our Donors Meet The New Schoolâ&#x20AC;&#x2122;s generous community of giving

2012 Events View milestones reflecting the universityâ&#x20AC;&#x2122;s commitment to creative problem solving, open discussion, and social innovation

University Finances Learn how the university is moving forward

Published 2013 by The New School. The New School is an Affirmative Action/Equal Opportunity Institution. Phtography by Alexander Berg, Michael Divito, Don Hamerman, Bob Handelman, Dan Lecca, Jessica Miller, Jacob Pritchard, David X Prutting, Martin Seck, Matthew Septimus, Matthew Sussman, and Scott Wynn.

Envisioning Potential

David E. Van Zandt

Seeing results In our work training the next generation of creative and critical thinkers, The New School is joined by a broad community of supporters—alumni, parents, volunteers from our boards of trustees and governors, institutional partners, and friends—who value the unique educational experience that The New School has been offering for nearly 100 years. These supporters play a critical role in all we do and all we hope to do.

4 Our community of donors is investing as never before in critical areas at the university and helping The New School advance as an intellectual and creative center for effective engagement with the world.

Student Support Scholarship support can make all the difference for our students in ways big and small. It can be the deciding factor in allowing them to enroll at The New School. It enables students to spend their time outside of class gaining critical experience and skills in internships instead of focusing on paying their bills. And it is a confidence booster, signaling to them that their hard work is recognized and that others are committed to helping them succeed. Students’ growth as individuals, professionals, and engaged citizens requires support of many kinds— financial assistance, advising, and mentoring among them. Through the Jeff gural academic and opportunity Scholarship Fund, established by trustee Jeff gural, the financial burden of nearly 40 high-achieving students at Eugene Lang College will be significantly reduced. Jeff has also provided resources enabling the Scholars to participate in an intensive mentorship program with faculty and

in annual group projects that range from fieldwork in New York City to research on national issues. Donors such as trustees Dominique Bluhdorn and tomio taki, and Parsons board member rick Darling and lF USa are expanding students’ options by providing vital scholarship funds. In addition to establishing a scholarship fund to support students at Parsons’ School of Fashion, LF USA generously renewed its support of the Parsons Scholars Program, a college preparatory program that enables low-income public high school students to study design at the college level and develop a portfolio of their work—a critical step toward gaining admission to a design school. Since 1997, 95 percent of the program’s graduates have gone on to attend college, the majority being the first in their families to do so. The U.S.- Japan council has established the tomoDachi-UniQlo Fellowship Fund at The New School as part of the TOMODACHI initiative to support recovery efforts after the Great East Japan Earthquake and strengthen U.S.-Japanese relations. The fund will provide full financial support to designers educated in Japan who enroll in Parsons’ competitive MFA in Fashion Design and Society program.

â&#x20AC;&#x153;i have the feeling that at the new School everything is possible.â&#x20AC;? Julien J. Studley, New School Board of Trustees

University center When it is completed in 2013, the University Center will transform life at The New Schoolâ&#x20AC;&#x201D;enhancing the student experience, providing gathering spaces for faculty to convene and collaborate, and serving as a tool for teaching about sustainable design and management. Recognizing the importance of the University Center to The New School, our donor community has generously committed more than $80 million to this project.

opposite: Students from New York City public high schools study design at the college level in the Parsons Scholars Program. left: A model of sustainable design, the University Center will add more than 375,000 square feet of space to the New School campus.

Support for Experiential learning

Faculty Support

Learning doesn’t just happen in the classroom. Hands-on learning opportunities are essential to bridging theory and practice and helping our students become engaged citizens who contribute to the public good. Recognizing the value of these experiences, trustees including Douglas Durst, Julien J. Studley, and Eugene m. lang have made major commitments to provide more students with the resources to engage in experiential learning opportunities in a variety of fields and disciplines. Our experiential learning programs include Parsons’ Design Workshop, in which Parsons faculty and graduate students provide design and consulting services to public agencies and nonprofits. Notable among the Design Workshop’s projects is an ongoing two-year collaboration with the New York City Department of Parks and Recreation to improve and modernize the facilities at Washington Heights’ Highbridge Pool and Recreation Center. And in the last ten years, the International Field Program at the Julien J. Studley graduate Program in international affairs has enabled 660 students to work with NGOs, international organizations, governments, and local agencies in more than 30 countries. A new endowed fund will enable generations of Lang students to gain valuable learning experience outside of the classroom. The Eugene lang opportunity awards, which are granted on the basis of achievement and need, will make it possible for students to pursue a host of learning opportunities, from internships and service projects to original research, under the guidance of faculty members.

New School faculty are central to this institution, shaping the very nature of the education we offer. They advance understanding of current issues through original research and develop innovative methods for educating students. They help students see the relationship between theories discussed in class and the world around them and offer guidance, mentorship, and vital connections to jobs, internships, and other opportunities. A new endowed faculty position in economics — made possible through the generous bequest intention of an anonymous alumnus—will enable a talented scholar to shape economic policy both by conducting original research and by guiding and training the next generation of economists. And Eugene m. lang has committed resources to create new faculty positions at Lang through both endowed and expendable funds, which will enable the college to recruit faculty who are at the top of their fields and are committed to excellence in teaching and mentoring. Faculty-led initiatives and research are also made possible by the support of institutional partners. These projects—supported by organizations like the rockefeller Foundation, the robert Wood Johnson Foundation, and the new york community trust—influence curricula across the university and enable faculty to collaborate with real-world partners and deepen understanding of contemporary issues among policymakers and the public.

“after i received a civic Engagement and Social Justice Fellowship grant from lang and participated in the lang in cambodia program, i started seeing possibility everywhere. i know i’ll apply what i’ve learned to future work in social and environmental justice.” Noah Strouse, BA Education Studies ’13

Unrestricted Support Unrestricted gifts lay the foundation for initiatives across the university, enabling us to provide scholarships, organize public programs featuring prominent speakers, enhance resources for faculty and students, take advantage of new opportunities, and develop new ideas. Our alumni, and parents in particular, are key in these efforts. Parsons parent martha mcgeary Snider and Lang parent and board member Jhanna krentsel have not only made unrestricted gifts but also inspired others to do so. Alumni Jamhila Joseph (BA Liberal Arts ’06) and Stephen czarkowski (MM Music ’02 and BM Performance ’99) are generous donors who also serve on the Alumni Association Board of Directors. And alumni like adina newman (BA Liberal Arts ’91) and Scott Sanders (AAS Interior Design ’98) have provided vital unrestricted support for many years.

opposite: International affairs students documented the lives and music of members of Percu’som in Vila Aliança, Rio de Janeiro. left: After developing a compost system, organic garden, and related curiculum for the Green School in Brooklyn, Noah Strouse continued working on sustainability and social issues in the Lang in Cambodia program.

leading change

Gifts from alumni, parents, and friends like you support faculty and student projects, educational innovation, and other exciting initiatives.

our Donors individual giving $25,000+ Anonymous Eugenia and David Ames* Arnhold Foundation, Inc. Arnold and Sheila Aronson Franci J. Blassberg and Joseph L. Rice, III Dominique Bluhdorn Harlan Bratcher Hans Brenninkmeyer Richard Darling Tess Dempsey* The Diller-von Furstenberg Family Foundation Robert J. DiQuollo Douglas D. Durst Renaud Dutreil Walter and Vera Eberstadt Susan L. Foote David B. Ford Michael and Mary Gellert Ann and Gordon Getty Jane Goldman Paul A. Gould Patricia F. Green Joe and Gail Gromek Jeffrey Gural Victoria Hagan* Robert and Sheila Hoerle Sheila C. Johnson Donna Karan* Reed Krakoff* Eugene M. Lang Susan M. LyneP Jenna Lyons* Joshua L. Mack* Nancy Mahon E. Peter McLean Ilse Melamid Roberto Thompson Motta and Amalia SpinardiP Robert H. and Guna S. Mundheim

*Alumnus or alumna P Parent

David and Melanie Niemiec Christina Ong Susan and Thomas Plagemann Robert* and Sigrid Pollin Timothy L. Porter Linda Rappaport and Leonard Chazen Dan and Sue Rothenberg Donald Rothfeld Bernard and Irene Schwartz William and Janet Schwartz David Scobey Mrs. James C. Slaughter Malcolm and Betty Smith Joan and Michael Steinberg Mr. and Ms. Harold B. Stern Deborah Aal StoffP Julien J. Studley Tomio Taki Aso O. Tavitian Pamela Thomas-Graham Daniel R. Tishman John L. Tishman Alyce Williams ToonkP Kay Unger* Judith M. Vale Lisa Huestis and David E. Van Zandt George and Nancy Walker William D. Zabel Judith Zarin* and Gerald Rosenfeld

individual giving $10,000â&#x20AC;&#x201C;$24,999 Anonymous (3) Jerome A. Adler and Beth LebowitzP Arlene and Alan Alda Wayne AlpernP Arjun Appadurai Deborah Beinecke Beale

John E. Beerbower Arun and Asmita Bhatia The Bialkin Family Foundation /Kenneth J. Bialkin George and Leslie Biddle Steven H. and Susan R. Bloom Sam Bowles and Elisabeth Jean Wood Beatrice K. Broadwater* James-Keith Brown and Eric Diefenbach Jennifer Andrus BurroughsP Mr. and Mrs. Bruce R. BurtonP Russell and Judith Carson Richard and Jean Coyne Family Foundation Marian Lapsley Cross Keith David* Michael Donovan and Nancye Green* Fred Dust Barbara Eisold Diana and Frederick ElghanayanP Nellie and Robert Gipson Robert Greenberg Teresa Grimm Peter and Gaye Gross Elizabeth Hilpman Jeffrey and Betty Ann Hodgman Carol Colburn Hogel Joan L. Jacobson Michael J. Johnston Miriam Kartch-Hughes* Richard L. Kauffman and Ellen Jewett Jhanna KrentselP Alexander T. Lee* Robert and Patricia Levinson Dee MacDonald-Miller*

Constance and H. Roemer McPhee Dennis and Karen Mehiel Peter Model Daniel Motulsky and Caitlin Pincus Jacki Nemerov Susan Packie* Elaine and Simon Parisier Ronald Perelman Pinheiro Family Scott M. PinkusP Lorna H. Power Joshua Sapan Barry Schwartz Thurmond Smithgall Martha SniderP Elliot Stein Donald and Diana WagnerP Alan Wanzenberg Robert Waterman Richard and Diane WeinbergP John Weiss Andrea Woodner Randall S. and Murray Yanker Michael and Diane ZieringP

individual giving $1,000â&#x20AC;&#x201C;$9,999 Anonymous (11) Gina Addeo Lisa AddeoP Allen R. Adler and Frances Beatty Adler Carlos and Christina AguinagaP The Alexander Family FoundationP Martha Alexander* Henry and Gerry Alpert* Peter and Joan Andrews

leading change

Paul J. Ash and Cobi Narita Dee Ashington E. Nelson Asiel Marion A. Auspitz* Emanuel and Yoko Ax Hildegard Bachert Giuseppe Baiardo Helga Baitenmann* Nan Bases Norton Belknap Carey Ramos and Catrina Bentley Lucia T. Benton* Francisco Bezanilla and Ana CorreaP Cynthia Bienemann Rita BlickenstaffP Deborah Borda Roxanne Brandt* Barbara Braun* Madeline Brine Mildred C. Brinn Daniel and Estrellita Brodsky Stephanie Browner Katherine F. Brush Jason and Melissa Mileff Burnett* David Bushler Frick Byers* John Calcagno* Craig Calhoun Ann Schein Carlyss Deborah Carmichael* Douglas P. Catalano Lucretia Cavan Paula and Stanley Chait Norton and Natasha ChernyavskyP Dan and Rhea Choy Steven Clarke Steve Coe* Yvonne and Costa Constantine Nan Rothschild Cooper William and Jane Corbellini*

*Alumnus or alumna P Parent

Shelly Cryer and Michael Stern Stephen Czarkowski* John D’Addario, Jr. Joan Davidson* Conor Davis* Michael and Jane DeFlorio Marie J. de Lucia and Lee Solot E. William Demaree* Beth Rudin DeWoody* Maren Dinsmore Pavlina Dokovska Jeffrey and Cathy DoveP Edward A. Downe* Bill and Pamela DutraP William Morrish and Suzanne DvellsP Jack S. Ellenberger Mark L. Epstein John and Rainey Erwin JoAnn Falletta* Marjorie* and Robert Feeney Harvey and Fiona Fein Stuart Fischoff* Peter and Lucy Frank Burt and Sandra Freeman Jim and Barbara Fox Freund Pierre Frinault Sylvia Howard Fuhrman B. Keith “B.K.” Fulton* Timur Galen and Linda GenereuxP Lia Gartner Catherine and Mitchell Gaynor Rosa and Robert Gellert Janice W. Gewirtz* Melissa Gibbs Donald M. Gilbert and Kate B. LandowneP Alexander and Kirsten Glantz Robin Glasser* Dara and Jay Godfrey*

Michael Goins David P. Goldman Peter Gong* Henry and Barbara GoossP Richard E. Grimm Ken Grossinger and Micheline Klagsbrun Robert G. and Ellen S. Gutenstein Leonard C. and Rosalyn Harber Carole Harris* Judy Harris William and Jane Havemeyer Andrew Heffernan* Michael Higgins Rosemary Hilb* Ivy Ho William Hodgins* Cynthia Hogan Damon Horowitz Peter Horvath Lena Liu Huang Marion HuntP Marta Istomin* Betty Iu Carol Ivanick Janet Jacobs Justin Jamail Peter Jauquet and Sarah McNamara Frances Kahn* Wolf Kahn and Emily Mason Joan and Peter Kaskell Gerald M. Kass Beverly Lituchy Kassner Linda Marks Katz Ida Kavafian and Steven Tenenbom Mr. and Mrs. Matthew KawamuraP Barbara J. Keller Patrick KenealyP William* and Anita Kerr

Shirley Maytag King Richard and Debra KirschP Jayme KoszynP Patricia Berry Kozak Elliot Kracko Debbie Kuo* Edith Kurzweil* Kimberly Kyser Marcel LandesmannP David H. Langer John Larkin and Deborah Slaner Larkin Warren and Amanda Larrick Dalia and Larry Leeds Peter and Eileen Lehrer Nick and Theresa LeonardyP Howard and Sally Lepow Diane Lesser Woodrow and Andrea Leung Aura Levitas Jin Li and Maggie HuangP Cho-Liang Lin Stuart and Eileen Linde Viki Laura List Jeffrey and Lori LitowP Edward and Mary LittleP Helen Liu* Bevis and Clara Longstreth* Harold and Elisabeth Lorin Janine Luke Colette Malouf Mark Mancini* Karen G. and Laurence Mandelbaum* David McClean, PhD* Perry McKay Mark and Karla McKinleyP Christina M. McMenamin Valerie and John Meddaugh Cora B.* and Clarence F. Michalis Elysabeth H. Miller* William MinP Jarl and Pamela MohnP Gary V. Mongiovi*

Carol S. Morton Dale Mott James C.W. and Elma W. Moy* Peter Sole and Helen Mumford-SoleP Mr. and Mrs. James M. Murtha Stephen and Jesse NathanP D. Brent and Donna NelsonP Eka Kasih and Murniati NgadiminP Rodney W. Nichols Frank and Carol NickellP Jose W. Noyes Michael Obuchowski, PhD* Paula Sarnoff Oreck George and Adrienne Orlan Peter Oundjian Sandra Davis Owen* Engin and Ciler OzgulP Michael Patrick Mary Quick PedersenP Peter Pirrello Elizabeth and Robert Pitts* Marc Ponthus Nancy Delman Portnoy Judith L. Prager Mr. and Mrs. Arthur R. Rabin Raul and Luz RaveloP Cynthia A. Read Linda and Norman Reimer Timothy and Michele RileyP Lisa Rinaldi* Felix and Elizabeth Rohatyn Frank* and Grace Roosevelt Eric and Alice Roper Paul F. Rosengard Alfred and Jane RossP Gary Ross Jon and Susan Rotenstreich Geneen Roth Susan and Byron RothP Julius Rudel* Jeff RudesP Donn Russell Martha and Frank Salomon Scott Sanders*

*Alumnus or alumna P Parent

Bryna Sanger Ralph D. Sauer Philip Scaturro Carl E. Schachter* Temple* and Barney Schauble Johan Schouten and Isabelle Schouten CardonP Mark and Judy Schulman William C. and Cindy L. Scott Denise V. Seegal Kouichi SekiguchiP Mrs. Richard Selle Saleem and Joy ShaikhP Joel R. Siegel Harry and Rizel Louise Sigele Lois V. Silberman Nigel Gore and Elizabeth SimpsonP Lorie A. Slutsky* Margaret J. Smith Ed SniderP Epp-Karike Sonin* Scot and Misty SorensenP Mira J. Spektor Tama Starr Andrew Stern Vera Stern Julie E. Stocker* Ellen M. Strommen William Susman and Emily Glasser Donald and Marjorie SwiftP Marjorie SwigP Tamas Tamas* Jacqueline M. Taylor Fred and Robin TedoriP Elizabeth Terrell* Ivan Thornton Marvin and Lee Traub Robert and Delores Viarengo* Joseph and Lesley Vidich Paul J. Vidich Nancy Vignola* Sue and Edgar Wachenheim Judith and Michael Walzer

Jeffrey D. Watkiss and Carol Clayton Watkiss Angela Weber P Eugene Weber P Jessica Weber* Andrew H. Weigel Ron Weinberg Steve and Linda Weiss Katherine B. Weissman Michael R. Weller Owen and Carol Whitby Isabel Stainow Wilcox Kathleen Williams Peter S. Wilson Barbara Winslow Harry Wolf Francis Wong Michael and Shelly WoolfP Kevin Wu and Christine LiuP Lilian Shiao-Yen Wu Peter and Susi WunschP Stephen and Susan Yarad* Brett and Kara Young Robert J. Zilg* Edward and Noreen Zimmerman

institutional giving $25,000+ Anonymous (2) Abu Dhabi Education Council (ADEC) AMD Foundation Annenberg Public Policy Center of the University of Pennsylvania Arnhold Foundation, Inc. A /X Armani Exchange Binational Softwood Lumber Council Blick Art Materials Hans Böeckler Stiftung Booth Ferris Foundation The Brown Foundation, Inc. of Houston Capital One Bank Capital One Foundation

Carnegie Corporation of New York Child Welfare Fund Robert Sterling Clark Foundation Coach Condé Nast Publications Ira W. DeCamp Foundation Deutsche Bank Americas Foundation Angelo Donghia Foundation Donna Karan International The Durst Organization Dyson Foundation Baisley Powell Elebash Fund ESRI The Estée Lauder Companies Inc. Fidelity Charitable Gift Fund Fifth & Pacific Companies, Inc. The Ford Foundation Sol Goldman Charitable Trust Horace W. Goldsmith Foundation Greater New Orleans Foundation Green Charitable Foundation Inc. Guess? Inc. The Guzik Foundation Habitat for Humanity of Washington, D.C. Heritage Mark Foundation Iguatemi Institute for New Economic Thinking Institute of International Education Intel Corporation J.Crew The Janey Fund jcp Jewish Communal Fund of New York The Robert Wood Johnson Foundation JPMorgan Chase and Co.

leading change

The Karan-Weiss Foundation Karen Harvey Consulting Group David L. Klein Jr. Foundation John S. and James L. Knight Foundation The Leon Levy Center for Biography LF USA Richard Lounsbery Foundation, Inc. Henry Luce Foundation Inc. Theodore Luce Charitable Trust Luxury Education Foundation LVMH Moët Hennessy Louis Vuitton, Inc. Macy’s and Bloomingdale’s James S. McDonnell Foundation The Clement Meadmore Foundation The Andrew W. Mellon Foundation Milano Foundation The Ambrose Monell Foundation Mulago Foundation The Charlotte W. Newcombe Foundation The New York Community Trust Open Society Foundations The Carroll and Milton Petrie Foundation Posen Foundation The Prospect Hill Foundation The Rockefeller Foundation The Shelley and Donald Rubin Foundation The Fan Fox and Leslie R. Samuels Foundation Inc. The Alexander Schneider Foundation Schwab Fund for Charitable Giving The Sirus Fund

*Alumnus or alumna P Parent

Skidmore, Owings & Merrill LLP Tavitian Foundation John Templeton Foundation Tess Dempsey Designs United Nations Office for Project Services Universidad Nacional de San Martín University of Notre Dame U.S.-Japan Council Vanguard Charitable Endowment Program Victoria Hagan Interiors Vogue Magazine Otto and Fran Walter Foundation, Inc. Warnaco Inc.

institutional giving $10,000–$24,999 21st Century ILGWU Heritage Fund The Arthur F. and Alice E. Adams Charitable Foundation Alan Wanzenberg Design LLC Allen Edmonds All The Way Foundation The Alpern Foundation Atrium Miami Beach Hildegarde D. Becher Foundation Inc. Belvedere Trust The David Berg Foundation The Viola W. Bernard Foundation Albert & Elaine Borchard Foundation Calvin Klein, Inc. Camden Securities Company The Capital Group Companies Charitable Foundation Chartwells Cheil Industries Inc.

Community Foundation of Texas Josephine and Louise Crane Foundation Cycling Sports Group Dunard Fund USA, Ltd. The EMWIGA Foundation The Fancy Fossil Partners, L.P. Gilt Groupe Hanesbrands, Inc. Helen of Troy The Frank and Helen Hermann Foundation Housing Studies Charitable Trust IDEO Intus Windows The Jewish Community Foundation The Jones Group Ada Howe Kent Foundation Kurt Salmon Laird & Partners, LLC The Lanie and Ethel Foundation Lanificio Ricasoli SPA MacAndrews & Forbes Holdings Inc. MaxMara USA, Inc. Chr. Michelsen Institute The Leo Model Foundation MOUSE Neiman Marcus Group Newman’s Own Foundation Ralph E. Ogden Foundation Osceola Foundation, Inc. OXO Peco Foundation Peerless Clothing Phillips-Van Heusen Foundation, Inc. The Pinkerton Foundation Polo Ralph Lauren Project Runway R /GA Saks Fifth Avenue Select Equity Group, Inc. The Statue Foundation, Inc.

Theory The TJX Companies, Inc. Uniqlo Co., Ltd. United Way of New York City Vantan Design Institute VF

institutional giving $1,000–$9,999 Anonymous (2) Academic Federal Credit Union Action Carting Environmental Services, Inc. AE Charitable Foundation Alaria Chamber Ensemble American Institute of Architects Ana Tzarev Gallery Artis The Augustine Foundation Bank of America Barnes & Noble College Booksellers The Theodore H. Barth Foundation, Inc. Beacon Paint & Hardware Behnaz Sarafpour LTD Bollinger, Inc. /Susan Salamone Botwinick-Wolfensohn Foundation Bristol-Myers Squibb Foundation, Inc. The Daniel J. & Estrellita Brodsky Foundation Buckingham Capital Management Burberry Cavan Executive Search Center for Architecture Foundation The Children’s Place Clarence House Clarke Collegiate Products Colburn Foundation

Colette Malouf Inc. College Central Network Community Foundation of Western Massachusetts CrossCurrents Foundation D’Addario Music Foundation District Team Charities DMA Consulting Group Ltd. Echo Design Group Edison International Edison Price Lighting, Inc. EILEEN FISHER Enhance Education The Evergreen Foundation Fiduciary Management Group, LLC The First Presbyterian Church in the City of New York Fisher Brothers Foundation Inc. Flanders House New York fourthFLOOR fashion talent Fulbright & Jaworski Gamma USA Gartner German Consulate General in New York Glenford Intermediates Inc. Goldman Sachs Gives Google Inc. The Graphic Communications Scholarship, Award and Career Advancement Foundation, Inc. Solomon R. Guggenheim Foundation Häfele Hallmark Corporate Foundation Helen Frankenthaler Herff Jones Inc. The Higgins Family Foundation IBM IBM International Foundation I. Janvey & Sons, Inc.

*Alumnus or alumna P Parent

International Festival for Contemporary Performance, Inc. IRIS SPA Jair Lynch Development Partners, LLC Jauquet & Company, Inc. Peggy Keenan Jernigan Trust Jewish Community Endowment Fund Jones Lang LaSalle Miller Khoshkish Foundation La Bella Strings; E & O Mari, Inc. Levi Strauss and Company Lord & Taylor LoSardo General Contractors Inc. Lucille Lortel Foundation Lyn Devon LLC Maidenform, Inc. Marie Powers Trust Marvin Traub Associates The Merck Company Foundation Merlin Foundation MetLife Foundation MFA Financial, Inc. Mitsubishi Electric USA M. Zalles Wells College et al. Trust Nautica Enterprises, Inc. The Neuwirth Foundation Inc. N.E.W. Corporation Nixon Peabody LLP Northeast Floor Coverings, Inc. Ohlhausen Dubois Architects PAETEC Communications Inc. PR Consulting The Presser Foundation Project Pericles Putney, Twombly, Hall & Hirson LLP Razoo Foundation Nadia Reisenberg & Clara Rockmore Foundation

Rockefeller Philanthropy Advisors The Alfred and Jane Ross Foundation May and Samuel Rudin Family Foundation, Inc. Savarez, S.A. SCALE Foundation The George L. Shields Foundation, Inc. Anatol Shulkin Memorial Scholarship Fund SIGA Skid Row Housing Trust Smith & Fong Company The Sam Spiegel Foundation Anne & Jacob Starr Foundation The Linda and Isaac Stern Charitable Foundation Stylesight, Inc. Sunnyside Painting Inc. The Teck Foundation The Michael D. Thomas Educational Foundation Threadstone Advisors Tikva Grassroots Empowerment Fund of Tides Foundation Towers Perrin TTS Staffing LLC University Health Plans, Inc. ValleyCrest Companies, Inc. Verizon Foundation The Vidda Foundation

leading change

Planned gifts Anonymous* Dee Ashington Barbara Devito-Laughlin* Estate of Lucille A. Diorio Strachan Donnelley 2003 Charitable Trust* Estate of Alma E. Guiness Bohdan Hawryliw Estate* Stanley and Jane Hemphill* Estate of Arthur Leon Horniker Estate of Victor W. Hughes Michael J. Johnston Harry Lawenda* Estate of Richard Obus* Estate of Jane Sommerich Estate of Ruth C. Stern Estate of Jane Taylor

matching gifts Bank of America Foundation Bristol-Myers Squibb Foundation, Inc. CB&I The Chubb Corporation Colgate-Palmolive Company Entergy Corporation The Ford Foundation Gartner GE Foundation Goldman Sachs & Co. Google Inc. Hallmark Corporate Foundation IBM International Foundation Johnson & Johnson Family of Companies Contribution Fund JPMorganChase Foundation The Merck Company Foundation MetLife Foundation MFA Financial, Inc. The Moodyâ&#x20AC;&#x2122;s Foundation

*Alumnus or alumna P Parent

New York Community Trust Open Society Foundations Pfizer Foundation Shell Oil Company Foundation Towers Perrin UBS Investment Bank Verizon Foundation

Public investment DC District Department of the Environment (DDOE) National Endowment for the Arts National Endowment for the Humanities National Institutes of Health National Science Foundation New York City Department of Cultural Affairs New York City Department of Environmental Protection New York State Council on the Arts (NYSCA) New York State Education Department Office of Naval Research U.S. Department of Defense U.S. Department of Education U.S. Department of Energy U.S. Department of Housing and Urban Development

The New School is deeply grateful to our donor community for its support, which enables us to enhance life at the university in a number of waysâ&#x20AC;&#x201D; from offering scholarships and faculty support to upgrading facilities and hosting special programs. The preceding lists recognize those who made donations of $1,000 or more from July 1, 2011, to June 30, 2012.

leading change

2012 Events The milestones and events highlighted here reflect The New School’s commitment to creative thinking, open discussion, and social innovation. The university can meet the challenge of remaining new—evolving continuously to provide an engaging, challenging, and relevant education—thanks to the vision and generosity of our donor community.

Parsons Fashion Beneﬁt The Parsons Fashion Benefit honors leaders in the fashion industry while raising crucial scholarship funds for Parsons students. The graduating class of designers also get an extraordinary opportunity to display their work to industry leaders at a runway show. At the 2012 benefit, held on May 1, 2012, The New School had the privilege of honoring two longstanding members of our community— alumna and board member Donna karan and trustee Sheila c. Johnson. Donna’s and Sheila’s achievements, contributions to art and design, philanthropy, and service to Parsons as members of our board of governors are an inspiration to our students. The Parsons Fashion Benefit raised nearly $1.4 million for scholarships, including two new funds established to honor Donna and Sheila: the Donna karan Fashion Design and Society Scholarship for MFA students and the Sheila c. Johnson Design and Diversity Scholarship Fund for exceptionally talented, underserved students.

“Parsons gave me my start in the industry, and supporting future designers is incredibly important to me.” Donna Karan, BFA Fashion Design ’87

opposite, top: The Parsons Fashion Benefit honored Parsons alumna and board member Donna Karan ’87 and Parsons board member, university trustee, entrepreneur, and philanthropist Sheila C. Johnson. opposite, bottom: Michelle Ochs ’09 and Carly Cushnie ’07, founders of Cushnie et Ochs, hosted the annual noon fashion show. left: A winning look by Jin Kay ’12, Women’s Wear Designer of the Year. top: Giuliana Raggiani ’12, Children’s Wear Designer of the Year. Below: Christy Jeehyun Lee ’12, Men’s Wear Design of the Year.

campus Events 26

Throughout 2012, The New School hosted events that brought our community together and highlighted the achievements of students, alumni, and faculty. The university’s commitment to social innovation was reflected in an exhibition featuring presentations by the seven finalists in new challenge, a contest that offered winners up to $10,000 in funding. The judges included members of the boards of trustees and governors, among them Judith Zarin, marian lapsley cross, David Ford, michael Donavon, and Fred Dust. The top prize was awarded to Parsons MFA Design and Technology student Lien Tran for Amigo Legal Games, designed to help immigrant youths understand their legal rights. New School graduates remain a vital part of our community—and we’re dedicated to providing ways for graduates to connect with the university and one another. Among them is Alumni Day, an annual event highlighting the best of the university. Alumni Day 2012, which took place in April, offered activities ranging from pop-up classes to “Politics and Comedy,” a panel discussion featuring tim carvell, the head writer of The Daily Show with Jon Stewart, and nancy giles, a writer and contributor to CBS News Sunday Morning.

Public Programs The New School’s founders envisioned a place where discussion of pressing contemporary issues would be open to all. True to the founders’ values, The New School hosts a wide range of public programs each semester that illuminate some of today’s most important political, social, economic, and cultural issues. These events put our students in direct contact with leading thinkers and creative artists working in or visiting New York City. Guests in 2012 included New York State comptroller and New School alumnus tom Dinapoli (MA Human Resources Management ’88); katrina vanden heuvel, editor and publisher of The Nation; gordon Brown, former prime minister of the United Kingdom; and faculty member and NEA Jazz Master Jimmy owens, who performed at the 25th Anniversary Legacy Concert of The New School for Jazz and Contemporary Music.

opposite: Renowned jazz artist and alumnus Brad Mehldau (BFA Jazz Performance ’93) and his longtime duo partner Joshua Redman performed at the 25th Anniversary Concert of The New School for Jazz and Contemporary Music.

top, left to right: University Center friends and supporters David Ford, Michael Johnston, Joe Gromek, Jim Murtha, Malcolm Smith, Franci Blassberg, Timothy Porter, Henry Arnhold, David Van Zandt, John Tishman, Robert Mundheim, William Hayden, Kay Unger, Julien Studley, Michael Gellert, Douglas Durst, and William Havemeyer. Bottom right: Students participated in The New School’s Earth Week Festival to raise awareness about sustainability. Bottom left: Former UK prime minister Gordon Brown delivered the lecture “Global Problems, Global Solutions,” part of the series World Leaders at The New School.

University center topping out On May 17, 2012, we celebrated the “topping out” of the University Center, marking the completion of vertical construction. When the University Center opens in 2013, it will contain an 800-seat theater, design studios, laboratories, libraries, networked classrooms, student residences, and numerous social spaces. The University Center will set a new standard for environmental responsibility in highrise buildings in New York City, with its sustainably sourced materials, green roof, and advanced energy and water conservation.

Sustaining the Vision

Together we will continue to help students become engaged public citizensâ&#x20AC;&#x201D; creatively solving problems for the public good.

Sustaining the Vision

University Finances The current economic climate presents challenges to institutions and individuals alike. At The New School, our prudent fiscal management continues to help us weather these challenges while also enabling us to move the university forward. The New School’s fiscal 2012 financial results reflect the university’s continued strategic investments in academic programs. The university had an increase of $8.1 million from operating activities based on revenues of $317 million, resulting in a 2.6% operating margin compared to the previous year’s 3.0%. Tuition and contributions from trustees, members of our boards of governors, alumni, parents, and other friends helped us achieve positive results. The most significant change in the university’s balance sheet is the refinancing in fiscal 2012 of $35.5 million of tax-exempt debt that was issued in 1999 and 2001. This was done to take advantage of historically low tax-exempt interest rates and will reduce our interest expense over the life of the bonds. Last year was a difficult year for endowments at many colleges and universities, and The New School was not immune. For the year, the endowment was down 1.9%. However, the university relies on endowment investment return for only 3% of our expenses; we have only fixed-rate, long-term debt; we have no outstanding derivative instruments with counterparty or market risk; and we enjoy ready access to cash. As a result, our financial position is strong.

Frank Barletta Chief Financial Officer and Senior Vice President for Finance and Business

Balance Sheet June 30, 2012 and 2011 (Dollars in Thousands) Assets

2012

2011

Cash and Cash Equivalents

9,264

2,434

Student Accounts Receivable, Net

7,162

8,384

Contributions Receivable, Net

38,561

38,863

Investments

322,142

309,268

19,517

20,449

181,129

284,527

4,120

4,376

Deferred Charges and Other Assets Funds Held by Bond Trustees Student Loans Receivable Land, Buildings, and Equipment

379,335

273,539

Total Assets

961,230

941,840

25 Liabilities and Net Assets

2012

2011

Accounts Payable and Accrued Liabilities

79,827

54,757

Deferred Revenue

11,460

11,346

3,770

3,774

Long-Term Debt

438,084

440,258

Total Liabilities

533,141

510,135

Federal Perkins Student Loan Advances

Net Assets

2012

2011

Unrestricted

233,051

237,911

Temporarily Restricted

116,696

119,590

Permanently Restricted

78,342

74,204

Total Net Assets

428,089

431,705

Total Liabilities and Net Assets

961,230

941,840

Visit www.newschool.edu/annualreport to view the full report, including notes and accompanying financial statements.

Statement of activities yEar EnDED JUnE 30, 2012 anD 2011 (Dollars in Thousands)

2012 UnrEStrictED

tEmPorarily rEStrictED

PErmanEntly rEStrictED

334,682

—

oPErating rEvEnUES Student Tuition and Fees

(86,078)

—

248,604

—

Contributions

1,845

15,481

—

Grants and Contracts

5,688

—

Endowment Return Appropriated for Operations

4,765

5,160

—

Other Investment Income

1,325

—

Auxiliary Activities

29,574

—

Other Income

4,527

—

Scholarship Allowance nEt tUition anD FEES

16,390

(16,390)

—

312,718

4,312

—

Instruction and Departmental Research

118,236

—