Endowment

Lower School Student in science classSaints Stephen’s is committed to growing its endowment. The purpose of the endowment is to generate steady, annual income that can be used today, next year or even 100 years from now. With a larger endowment, Saint Stephen’s is better prepared when faced with economic cycles and equipped with additional resources to attract and retain the best faculty and student body.

 

Overseen by the Endowment Board, the endowment acts much like a family savings account. When a donor makes a gift to the endowment, the money is placed in the Endowment Fund that earns interest. The earned interest is then allocated to the school to support financial aid, professional development, academic programming, and various other needs that fall within the mission of advancing Saint Stephen’s. The Endowment Trustees employ a strict spending policy which preserves the size of the endowment for future use. The principal of the endowment is never touched, which allows all gifts to the endowment to continue in perpetuity and to grow year after year.

 

4th Grade string classUnrestricted gifts to the endowment may be made at any gift level and give the Head of School the flexibility to allocate funds to meet the greatest, most pressing needs. Donors may also name their own Endowment Fund restricted for a specific purpose such as financial aid, professional development, or another area of interest. All gifts to the endowment, regardless of the amount, are extremely important and all gifts have a lasting impact by strengthening the financial stability of the School.

 

List of current Endowed Funds:

  • EE Ford Foundation Diverse Scholarship Fund
  • Leach Scholarship Fund
  • William K. Frye Memorial Scholarship Fund
  • Goergen Scholarship Fund
  • Hoenle Scholarship Fund
  • Sheffler Scholarship Fund
  • Mandy Stoll Scholarship Fund
  • Rev. Dr. Benton Wood Scholarship Fund
  • Turner Family Fund
  • Faculty Tribute Fund

 

Endowment Board of Trustees:

  • Julie Leach, Chair
  • Garret Barnes '83
  • Brenda Keating 
  • Jay Turner
  • Clifford Walters

 

For more information about Saint Stephen’s Endowment, please contact Rose Carlson, Director of Endowment. (941) 746-2121

 

   

   

   

       

   

* I would like to bequest

 

 

 


Saint Stephen's Students

A strong Saint Stephen’s endowment fund ensures the stability of the School for generations to come. For many parents, alumni and friends of Saint Stephen’s, a bequest is the easiest way to make a gift to the School. By means of your will or other estate plans, you can name Saint Stephen’s as the beneficiary of as much or as little of your estate as you like. Some of the most powerful and enduring gifts have come from bequests.

 

Benefits of bequests:

  • You can save on Federal Estate Taxes.
  • The gift costs you nothing during your lifetime.
  • You may create a fund named for yourself or someone you wish to honor.
  • The gift leaves your cash flow and current financial plan unchanged.

 

If you have already included Saint Stephen’s as part of your estate plans or if you significantly or consistently supported the Saint Stephen’s Endowment Fund, the School would like to thank you by making you a part of the Falcon Legacy Society.  The Falcon Legacy Society recognizes the generosity and special forethought of those who have provided for the future of Saint Stephen’s by making a bequest to the School or by donating to the endowment fund. By becoming a member of the Falcon Legacy Society, we invite you to:

 

  • Use your gift to honor your family or loved ones.
  • Attend special events for our Falcon Legacy Members held each school year.
  • Be anonymous if desired.

 

To join the Falcon Legacy Society, all that is required is the completion of the Falcon Legacy Society enrollment form (located here) indicating that you have named Saint Stephen’s in your estate plans. No statement of amount or type of gift is required. Additionally, current gifts to the endowment fund may qualify donors for membership. For more information about becoming a member of the Falcon Legacy Society, please contact Rose Carlson, Director of Endowment. (941) 746-2121

 


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