The growth of the Saint Andrew’s School endowment is one of the schools highest priorities. With a larger endowment Saint Andrew’s School has greater flexibility in reacting to economic cycles and has additional resources to attract and retain the best and brightest students and faculty.
Endowment funds can support scholarships, academic chairs, professional development, academic programming, and facilities, and various other needs that fall within advancing the mission of Saint Andrew’s School. All endowed funds are awarded in perpetuity.
Unrestricted Gifts to Endowment
Unrestricted gifts to endowment may be made at any gift level and will be directed to general endowment. Private school leadership, including colleges, often explains that gifts of unrestricted endowment are the most valuable kind. This is true, not just because of the invaluable financial security and flexibility they provide, but for the clear message they send: we truly believe in the mission of Saint Andrew's School.
Attractive opportunities exist to endow faculty chairs at Saint Andrew's School. With approximately 120 full-time faculty, endowed faculty funds provide the financial resources necessary to recognize and encourage excellence in teaching by funding professional development and assist the school in recruiting and retaining the most qualified faculty to educate the students of today and tomorrow.
Faculty funds can be endowed as follows:
- Endowed Chair for Faculty Excellence: $500,000
- Endowed Academic Chair: $250,000
- Endowed Faculty Funds: $50,000
Independent schools of strong national reputation share in common an ability to matriculate students of the highest caliber who would otherwise not be able to afford full tuition. One of Saint Andrew's most important needs is to increase endowment that provides resources to academically qualified motivated, talented students of strong character in need of financial assistance. A gift to endowment would improve Saint Andrew's ability to provide excellence in education to exemplary students. For Saint Andrew's, this capacity would directly enrich the quality of education for all students.
Scholarships can be endowed as follows:
- Fully Endowed Resident Student Scholarship: $1,250,000
- Fully Endowed Day Student Scholarship: $750,000
- Partially Endowed Resident Student Scholarship: $500,000
- Partially Endowed Day Student Scholarship: $375,000
- Partially Endowed Scholarship: from $250,000
- Established Endowed Scholarship: $50,000
Other Endowed Funds
An endowed fund can be established to benefit the learning environment on campus. Funds can benefit specific buildings, classrooms, or the upkeep of our grounds.
Capital funds may be endowed as follows:
- Endowed Capital Fund: $1,000,000
- Partially Endowed Capital Fund: $500,000
- Endowed Fund for Academics: $250,000
- Endowed Fund for Athletics: $250,000