Prep school is recipient of $5 million donation Boys' Latin alumnus' gift boosts endowment, allows for enlarging upper school

November 28, 1998|By Mary Maushard | Mary Maushard,SUN STAFF

Boys' Latin School of Maryland has received $5 million from one alumnus, allowing the school to almost triple its endowment, enlarge its upper school and nearly reach its $12 million capital campaign goal.

David D. Smith, chief executive officer of Sinclair Broadcast Group, which operates Fox 45 and 63 other television stations, has pledged $5 million to the school's endowment fund as part of the campaign. Smith is a 1968 graduate of the school and father of two Boys' Latin students.

"This gift takes our campaign to another level," said headmaster Mercer Neale, who said the school had originally planned two phases: $6 million for the upper school and another $6 million for the endowment. "Our endowment is $3 1/2 million this certainly is a jump. We're very lucky."

Smith's gift is one of the largest individual gifts to a private school in this area. McDonogh School in Owings Mills received $6 million from the estate of an alumnus in 1995, and Smith's younger brother, J. Duncan Smith, donated $4 million to Boys' Latin for a new middle school two years ago.

"I am pleased to help Boys' Latin," David Smith said. "The school dTC has new and renovated space for both the middle and lower schools, and it is now time for the upper school to enjoy the wonderful success that is Boys' Latin School."

The West Lake Avenue school that straddles the city-county line hopes to break ground next spring for a $6 million upper school addition that will include classrooms, science labs and a library. The facility, expected to open in the spring of 2000, will be added to Williams Hall, the large, white home that houses administrative offices and upper school classrooms. The existing building will also be renovated.

While the space will be doubled, Boys' Latin's enrollment will not grow, Neale said. The 154-year-old school has 593 students in kindergarten through 12th grades.

With nearly $11.5 million of the current campaign's goal pledged, Boys' Latin has raised $25 million in the last 4 1/2 years, said Dyson P. Ehrhardt, the school's development director.

Boys' Latin built a pedestrian walkway over Lake Avenue, a new lower school, a lower and middle school library and doubled the size of the gymnasium.

Pub Date: 11/28/98

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