The Tang Challenge
WHAT IS THE TANG CHALLENGE?
In recognition of the most important aspect of Rectory- its people- Oscar Tang ’53 and his son Kevin Tang ‘82 have made a transformative gift to enhance faculty compensation and employee benefits. In addition to their outright $2.5 million donation, the Tangs are offering the following challenge: they will match all gifts made by other donors towards this endowment up to an additional $2.5 million on a 1:1 basis by June 30 2018.
This challenge allows everyone associated with Rectory to make the difference that can help stimulate the best possible performance in Rectory's classrooms. Kevin Tang '82
WHY IS IT IMPORTANT?
For too long, Rectory teachers have labored tirelessly, but have received compensation and benefits that undervalue their role in Rectory’s success. The Tangs’ goal is to provide our outstanding faculty members with compensation levels that are commensurate with the faculty salaries at our peer schools.
WHAT DOES IT SUPPORT?
With a successful outcome to this challenge, Rectory’s endowment will have gained a total infusion of $7.5 million, which will provide both immediate and sustained impact:
It will help us attract and retain the best educators
It will provide a salary that more fairly rewards the faculty for the dedication and excellence they provide to our students each and every day.
WHY SHOULD I PARTICIPATE?
In the words of Kevin Tang ‘82, “Rectory is a place that holds a special place in both my father's and my hearts. When I reflect upon the successes I’ve had in my life, I’ve never forgotten that it was my time at Rectory that provided the major turning point for me. I have vivid images of all of the faculty who had undying faith I had potential and then worked endlessly to help me to realize and achieve it.”
The Tang Gift and Challenge is a pivotal moment in Rectory’s history. We hope that those who recognize the positive and even life-changing impact of a Rectory education will choose to partner with us to help future generations of Rectory students.
NAMING OPPORTUNITIES FOR ENDOWMENTS AND SPACES
Donations to the Tang Family Endowment for Excellence in Teaching at the following levels are eligible to name the endowments and/or spaces listed below:
Named Endowed Department Chair - A fully endowed academic chair may be established with a gift of at least $1,000,000.
Named Endowed Teaching Chair - A named endowed teaching chair may be established with a gift of at least $500,000.
Named Endowment Fund for Faculty Support - The endowment income supports faculty salaries. Named fund may be established with a gift of at least $50,000.
New Faculty Lounge, Elementary Classroom, Common Room/Lobby
Playground, Conference Room, Atrium Connector Walkway
Director’s Office, Teacher Resource Room, Tutoring Spaces
Recognition of Support - All donations of $10,000 and higher will be listed on a donor recognition plaque. This will include the donor name and the faculty member being recognized, if applicable.
Rectory is a place that holds a special place in my father's and my hearts. When I reflect upon the successes I've had in my life, I've never forgotten that it was my time at Rectory that provided the major turning-point for me. I have vivid images of all of the faculty who worked endlessly to help me realize and achieve my potential.
~Kevin Tang '82