Currently, Episcopal Academy operates under a tuition-driven model, with the majority of each year¹s budget -- roughly 85% -- coming from tuition revenue. This model limits our ability to achieve new goals and make new investments without increasing tuition to unacceptably high levels. The goal set forth in the 2010 Strategic Plan is for Episcopal to become less dependent on tuition. The most fiscally responsible way to do this is to significantly increase the school¹s endowment.
What makes endowment gifts important is their permanence. Gifts are sought only once and yet they help the school in perpetuity. Episcopal¹s current endowment draw is 5% each year, leaving the principal intact. Through wise investment and stewardship, these gifts maintain their purchasing power year after year
To view a master list of the endowed funds, please click here.
For more information on making a gift to the endowment or setting up a named endowed fund, please contact Paige LeGrand, Director of Development, at firstname.lastname@example.org or 484-424-1773.