The architecture school run by the Frank Lloyd Wright Foundation will try to raise $2 million before the end of 2015 to ensure its future as an independent organization, the foundation announced on Monday, having approved a possible path toward the school’s incorporation.

The school is at risk of losing accreditation in 2017 since the Higher Learning Commission, a Chicago-based nonprofit that accredits universities and colleges, made a recent policy change requiring that “accredited institutions must be separately incorporated from sponsoring organizations.”

The foundation’s board had initially decided not to incorporate the school separately, for fear of losing control over its operations. But objections from school supporters prompted the board to reconsider.

The new, independent school organization would take ultimate fiduciary responsibility for itself. The foundation would continue to support the school financially with rent-free space and a grant of $580,000.

The foundation’s goal — put forth at its Dec. 5 board meeting — was endorsed by the school’s board of governors, alumni representatives and the broader school community.

The Wright school, based at the architect’s winter and summer homes — Taliesin West in Scottsdale and Taliesin in Wisconsin — offers a master of architecture degree and has been accredited since 1992.