This document is a presentation by Rosetta Eun Ryong Lee on 21st century cultural competency and its importance for educational institutions. It discusses the definitions of culture and cultural competency, highlights several models of cultural competency, and argues that cultural competency is an educational imperative from moral, academic, and economic perspectives. It also examines developmental stages of cultural sensitivity and the 5Ps of institutional cultural competency - policy, programming, practice, people, and funding. The presentation concludes by asking whether schools embrace old notions of diversity or the modern concept of cultural competency.