The Journey

1
The Journey
Finding the Highest and Best Use of the
Northfield Campus

• June 10, 2005
• Carol J. Ramsey and Carol Lebo
• Northfield Stewardship Committee

2
A View of the Future

• NMH will be a school that emphasizes a
  supportive and nurturing academic and personal
  environment faculty accessibility and
  association with students and a quality of life
  revolving around character, spirituality, work
  and values.
• - Financial and Educational Background
  Northfield Mount Hermon on One Campus, 2004

3
An Imperative

• Choosing Mount Hermon did not relieve us of our
  responsibility for the Northfield Campus. And as
  an alumna who identifies with that campus as her
  school, I am confident no, I am insistent
  that appropriate and dignified purposes be found
  for Northfield.
• - Carol Ramsey, To the Classes of the 1970s,
• April 2004

4
First Steps Things we did

• Northfield Stewardship Committee
• Property Profile
• (Bidwell and Landvest)
• Reuse Criteria
• Northfield Advisory
• Communications

• Oversee proposal development and evaluation of
  Northfield campus reuse
• Created composite view of campus geographical
  context, photography and property inventory
• Guide for NMH Board planning, marketing, and
  disposition of Northfield campus
• Volunteers assist NSC by applying interest and
  professional expertise
• Posting information on Web site

5
What Weve Learned

• Opportunities Challenges
• Size, beauty and history Size, aged buildings
  and infrastructure
• Idyllic location, remote Idyllic location, remote
• Dedication to education Not easily reconfigured
  for other uses reuse capital intensive
• Many buildings Single-user best scenario
• Self-contained property Not easily accessed from
  airports
• in academic and cultural and interstates
  agricultural area
• Tri-state area
• Tri-county job growth in Growth in single family
  homes limited
• education and healthcare retirement, office and
  retail appeal

Most likely highest and best use of campus is
education related
6
Reuse Criteria

• The extent to which uses are consistent with, and
  preferably symbiotic with, the ongoing
  educational and cultural missions and programs of
  the Northfield Mount Hermon School.
• The extent to which a future user or users will
  be able productively to utilize the campus,
  thereby allowing the School to realize most fully
  the economic value of the Northfield campus.
• The extent to which users are consistent with the
  character of the Town of Northfield and respect
  the history of the Northfield campus. This
  includes very careful attention to the location
  ad appearance of any new construction.
• Whether in connection with sales, leases, or
  joint venture arrangements, the extent to which a
  future user or users will provide the School with
  immediate cash flow while realizing long-term
  value from the property as well as assurance
  about the appropriateness of its use or uses.

7
Current Efforts Things we are doing

• Seeking Alternative Uses for the Campus
• Prospects and Inquiries (LandVest and Bidwell
  Advisors)
• Architectural History Project

• Brochure mailings news releases alerting
  target populations monitoring feedback
• Single-use prospect preferred 22 inquiries in
  May arts educational institutions looking for
  prestigious growth.
• Careful management of traditions and significant
  sites Auditorium, Roundtop, Homestead, etc.

8

• We have an unparalleled opportunity to build a
  financially stable NMH for future generations,
  providing an outstanding and distinctive
  education grounded in historic ideals and
  traditions.
• - Richard W. Mueller, Head of the School
• January 5, 2004

Leading into the future
9
Past, Current and Future State

10
FACULTY SALARY COMPARISONS
11
NMH Vision

• Approaching its 125th anniversary, NMH is
  launching initiatives to secure its historically
  distinctive strengths and to educate students
  from all countries, cultures, and means to be
  confident citizens of the world. We intend that
  they will be leaders in their chosen fields of
  endeavor and make a positive difference in the
  world. NMH will
• Be academically rigorous, emphasizing
  interdisciplinary and real-world approaches to
  learning. It will challenge all students to reach
  their intellectual and creative potential and
  prepare them for any college or university they
  choose.
• Be a cohesive, close-knit campus community to
  spur meaningful interactions among students and
  faculty and extend learning beyond the classroom
  and campus.
• Enhance distinctive programs such as the work
  program, and spiritual, moral, and ethical
  inquiry to teach students the importance of
  compassion, serving their communities, and
  improving the lives of others.
• Promote cross-cultural and international
  understanding so its graduates become engaged
  global citizens who will be inspired to work for
  a just and peaceful world.
• Be financially strong in order to provide an
  outstanding educational program and to preserve
  its assets including the schools talented
  faculty and staff, buildings and land, and
  endowment for future generations.
• By recommitting to these essentials of the
  school that Dwight L. Moody established in 1879,
  NMH will strengthen itself as a preeminent
  secondary school for students from the United
  States and the world.