While the Chase Annual Fund is the lifeblood of the School’s annual operations, gifts to the endowment and capital projects ensure the long-term financial stability of the School. Whether a named scholarship, earmarked program or unrestricted gift, giving to the endowment creates a lasting legacy for generations of Chase students. Similarly, a gift to a capital project ensures that our students have the best facilities available and is a great way to leave a lasting impact on Chase’s historic campus.
In an endowment fund, the principal is invested in perpetuity. While a portion of the investment’s earnings is spent, the rest of the earnings are invested back into the fund so that the endowment grows over time.
Facts & Figures
- Endowment value as of June 2016 stands at $11,498,274.
- The endowment is comprised of 74 permanently restricted funds, with a majority of the funds established to support student scholarship.
- Chase’s first endowed fund was established in 1880.
- Chase’s Endowment funds provide financial assistance to qualifying students, support faculty salaries and development, sustain curriculum and new programs, and provide prizes and awards to exemplary students.
A gift to Chase’s endowment is a gift in perpetuity.
If you are interested in supporting Chase’s endowment, here are ways you can help:
- Establish a named fund at Chase. Named endowed funds begin at $25,000 (outright gift or multi-year pledges). Families can also join together to create an endowed fund, allowing their gifts to have greater impact and creating multi-generational ties to the School.
- Name Chase in your will or trust. Name Chase in your will or trust and join Chase’s Copper Beech Society. While maintaining your current cash flow and assets, you may also be able to save estate taxes later.
Contribute to an existing fund. With 74 permanently restricted funds that sustain today’s students and strengthen Chase in the years ahead, you are likely to find a fund whose purpose you wish to support.