What is an Endowment?
An endowment is an accumulation of assets invested by St. Anne’s-Belfield School to perpetually support its education mission. An endowment allows donors to make gifts to the school for purposes such as faculty development or financial aid, knowing that their gift will provide an enduring means of support far into the future. Gifts to the endowment are never spent. Instead, each year a portion of the investment gain supports the school’s programs.
An endowment allows an institution to make a lasting commitment to its donors, knowing that resources to support the school and its students will continue to be available for all future generations.
Endowment Growth By Year
*Please note: 2011 figure above is estimated/unaudited.
Throughout its first 100 years, St. Anne’s-Belfield School achieved success by relying primarily upon tuition and annual gifts from parents, friends, and alumni. To be prepared for the next century, the school must look for other sources of income to meet the demands of our changing world. A well-funded endowment will enable the school to meet its diverse needs, keeping tuition affordable, faculty compensation competitive, and our campuses safe, well-maintained, and well-equipped.
Perhaps most important, a sufficient endowment serves as an “insurance policy,” providing resources apart from tuition and annual gifts. It is available to the school in both good times and bad. Although our endowment has grown by leaps and bounds in recent years, a review of endowments at peer schools reveals the need to continue to make growing our endowment a priority.
Endowment at Peer Schools
*Please note: St. Anne's-Belfield figure above is estimated/unaudited.