The Juilliard Second Century Fund will raise $300 million to enable The Juilliard School to sustain its leadership position in performing arts education well into the School’s next century. Expanded and renamed on the occasion of Juilliard’s 100th anniversary, the Fund supports six key components that will help Juilliard continue to recruit the world’s best young artists and faculty, offer educational programs that uphold the quality of a Juilliard education, and increase the size and functionality of Juilliard's physical plant.

Educational Initiatives
Funds raised for educational initiatives support four programs. The Larkin Fund for Humanities addresses the non-performance aspects of the Juilliard education through such innovations as a Mentoring program, a Writing and Communication center, and a Visiting Scholars program. The Creative Process endowment provides ongoing support for the creation of new work in dance, drama, and music. An endowment for Jazz Studies provides a permanent financial foundation for the operations of Juilliard’s jazz program, founded in 2001. An endowment for Educational Outreach assures the continuation of vital programs that reach school-age children whose public schools lack the resources to provide adequate exposure to the performing arts.

Faculty Compensation
Juilliard is committed to achieving and maintaining commensurate levels of compensation for all faculty that reflect local and national norms. More appropriate compensation will provide greater employment security to classroom and studio faculty, who often teach at other institutions, and will enable Juilliard to extend its tradition of attracting the most distinguished teachers from around the world to the School as permanent and visiting members of the faculty.

General Purpose
The General Purpose component of the Juilliard Second Century Fund is of paramount importance to the overall financial stability of the Juilliard School. It will enable the School to support the ongoing expenses associated with its facilities renewal and expansion program, maintain and enhance artistic and other programming, and minimize tuition charges to students. The facilities program, which will equip students with the resources they need to fully develop their artistic talents (including an additional 40,000 square feet of new space and 58,000 of space renovations), will bring substantial new annual maintenance and programmatic costs that would otherwise require an increase in student tuition charges. Highlights of the new space include an acoustically calibrated orchestra rehearsal studio; a 2,000 square foot multi-purpose performance space; a state-of-the-art music technology center; six new classrooms and 14 new practice rooms; faculty and staff offices and a new faculty lounge; and a Writing and Communication Center.

Scholarship Assistance
Juilliard is increasing its financial resources in order to meet a greater portion of students’ needs for tuition and living expenses. Greater and more scholarships will guarantee that the most talented and deserving applicants will be able to enjoy the benefits of a Juilliard education without undue financial burdens and will allow Juilliard to continue to attract the very best candidates for admission.

Unrestricted Purposes
Unrestricted gifts allow Juilliard the flexibility to divert investment income to areas of greatest need on a year-to-year basis. This provides the School with the necessary support to successfully respond to an ever-changing environment.

Special Purpose
Funds designated for special initiatives that fall outside the components above are designated as special purpose gifts. Endowed prizes, endowments for performance activities, and instrument maintenance programs are examples of the kinds of initiatives supported by this component.