Endowment

What is Endowment?

An endowment is an investment account. It is a group of assets invested by Stevenson School to support the mission of the school in perpetuity.

These assets are invested and some or all of the interest income generated flows to the annual operating budget to support programs at Stevenson School. One measure of an institution’s financial strength is dependent upon the size of its Endowment.

How does Stevenson build Endowment?

• We build endowment with current gifts. Major donors may want to establish a fund that supports a particular area of the school, such as faculty or scholarship and financial aid.
• We build endowment with planned giving. We ask Stevenson donors to consider making a gift to Stevenson School in their estate planning.
• We build endowment through careful spending. The school has a comprehensive spending policy with some variations that may be set by individual donors.
• We build endowment by increased giving and by earning more from our investments than we spend. The Stevenson Board of Trustee Investment Committee carefully establishes investment objectives. Their goal is to preserve the principle value of gifts to endowment over the long-term.
• We build endowment through good stewardship of gifts received.

What does the Stevenson School Endowment support?

Stevenson’s designated endowment funds support all areas of the school. Endowment funds support program and faculty, athletics and the arts, scholarship and maintenance, and the list goes on. Every aspect of Stevenson School life is touched by endowment gifts.

If you are interested in learning more about endowments at Stevenson School, contact Jeff Clark, Director of Advancement, at 831-625-8347 or jclark@stevensonschool.org.