Non ministrari, sed ministrare – Not to be served, but to serve
A core mission of The American College of Greece is to contribute to the advancement of Greece and the global community through teaching, scholarship, outreach and service rooted in the American educational tradition. The achievement of this mission is not possible without the support of alumni and friends of the College who join us in the belief that high achieving students should have the opportunity to attain a quality education in Greece.
Following the model of independent educational institutions in the U.S., ACG is a mission-driven charitable organization and is required by U.S. law to invest all revenue gained from its educational operations (tuition, fees, room and board etc.) in its mission – teaching, scholarship, service. Educational operating revenue covers approximately 85% of the cost of delivering ACG’s mission. ACG depends on distributions from its endowment and philanthropy (donations from individuals and organizations) to close the gap between educational operating revenue and expenses. Endowment and philanthropy provide the margin of excellence that benefits every ACG student and family; no ACG student pays the full cost of their education.
Volunteer Board of Trustees
ACG’s highest governing authority is its board of trustees. Board members serve on a voluntary basis, support ACG philanthropically and receive no compensation for their service. The board is accountable for assuring the delivery of ACG’s mission in the present and the future.
As a nonprofit educational institution, ACG provides an outstanding educational opportunity to students, access to programs and facilities for our community, and support for our faculty and staff:
- ACG has been a model of educational innovation, excellence and access since our founding in 1875.
- 50% of ACG students receive financial aid at a cost of $8.3M annually.
- We give back to our community through scholarships, public health education and research programs, refugee student support, youth and adult athletic programs, cultural programs and more.
- We support our faculty and staff through policies assuring fairness in hiring and advancement; externally benchmarked compensation; insurance, retirement, tuition remission and other benefits, and professional development programs.