ERIC Number: ED430317
Record Type: RIE
Publication Date: 1999
Building an Endowment: What, Why, and How.
Beaird, Steven; Hayes, William E.
This book was written for Catholic schools ready to launch an endowment or enhance an existing one. It is intended to be a resource for both Catholic elementary- and secondary-school administrators including principals and presidents, board members, development professionals, and alumni/ae. The volume outlines the three primary sources of funding for Catholic schools--tuition, fundraising, and endowment--and highlights the importance of having an endowment to keep tuition rates competitive. It discusses what an endowment is and why it is necessary for a school to have one. The steps for building an endowment include endowment promotion, who should support the endowment, who should ask for support, and techniques for soliciting annual, capital, and endowment gifts. The text then addresses ways to increase the endowment, the need to have recognition societies for those who give large gifts or who include the school in their wills, tracking planned gifts, the role of the planned-giving committee, and planned-giving policies. The last chapter outlines ways to protect the endowment. Appendices present examples of personal-solicitation presentation materials, a school's mission statement, will-bequest provisions, endowment-fund recognition opportunities, standards for reporting planned giving, and gift policies. (RJM)
Descriptors: Catholic Schools, Educational Finance, Elementary Secondary Education, Endowment Funds, Nonprofit Organizations, Philanthropic Foundations, Private Financial Support, Trusts (Financial)
National Catholic Educational Association, 1077 30th Street, NW, Suite 100, Washington, DC 20007-3852; Tel: 202-337-6232; Fax: 202-333-6706; Web site: http://www.ncea.org; e-mail: email@example.com
Publication Type: Guides - Non-Classroom
Education Level: N/A
Authoring Institution: National Catholic Educational Association, Washington, DC.