The UJA-Federation of New York takes tremendous pride in announcing the Day School Challenge Fund. This extraordinary opportunity for area day schools and yeshivot is designed to incentivize the development and growth of school endowments. Endowments are key to achieving long-term sustainability. Thanks to the generosity of a group of individuals and foundations, and UJA-Federation of New York, $50 million in matching funds will be awarded to schools that establish or expand their endowments.