An Endowment contribution is a way to make your gift last forever.
The Athenian endowment is comprised of more than 30 named endowment funds, most established to honor a family member or friend.
What is an endowment?
Endowment funds are monies typically held in long-term investments with the principal remaining untouched, allowing it to grow and have a greater impact over time. A portion of the interest earnings are used each year for strategic initiatives or donor-designated priorities.How is an endowment fund different than the Annual Fund?
Gifts to the Annual Fund are put to immediate use for areas of greatest need, whereas endowment gifts are invested in perpetuity with a portion of the earnings used each year for strategic initiatives or donor-designated priorities.Why is an endowment important?
The money held in endowment funds provides a permanent source of revenue, thus improving the ability of the School to plan for its programmatic future and long-term financial health.How are Athenian's endowment funds used?
Athenian's endowment primarily supports three areas:
1) professional development and faculty compensation,
2) financial aid, and
3) curriculum and program needs.How does an endowment fund grow?
Endowment funds grow through additional contributions and also by reinvesting a portion of the interest earned each year.What is a named fund?
A named endowment fund is usually established to honor a family member or friend, or to support a particular program. There is a minimum gift amount to start a new named fund. All gifts are greatly appreciated and if you are unable to meet the minimum, your contribution will be added to an already established fund.How can I help?
If you are interested in supporting the long-term financial health of Athenian by supporting our endowment, please contact the Advancement Office