Endowed Funds Memorials and Dedications Scholarships
General Endowed Funds
General endowed funds are invested and distributed according to the policies of the SSSAS Foundation and support all areas of the school. Individuals may make contributions at any gift level to these funds. Donors receive a thank you letter from the Head of School and are listed in the School's Annual Report.

Named Endowed Funds
St. Stephen's & St. Agnes School (SSSAS) encourages the establishment of named endowed funds to support School programs. Named endowed funds are a wonderful way to create a lasting family legacy or to honor and remember a special person. Named endowed funds may be established to support faculty salaries and professional development, scholarships and libraries, as well as specific academic and athletic programs.

SSSAS currently has 46 named endowed funds. These individual accounts represent funds that were established by St. Stephen's School & St. Agnes School prior to the merger as well as ones that have been established since the merger.

In 1997, the Board of Governors and the Foundation Board set minimum gifts levels in order to establish a named fund. Those levels are listed on the right sidebar.

Named endowed funds are held in the SSSAS Foundation and are invested according to the Foundation's investment policy. Unless directed otherwise by the donor, the fund distributes on an annual basis, 5 percent of the market value of the fund averaged over a three-year period to the School for the designated purpose of the named fund.

All named endowed funds are recognized in the School's Annual Report. Principal donors are invited to the fall Major Donor reception and also receive stewardship reports and updates from the Director of Development and the Head of School.

As of June 30, 2005 the market value of the endowment funds totaled: $10.5 million.
Faculty Fund, $500,000 – Provides funds for faculty compensation or development that may be designated to a particular discipline and campus.

Scholarship Fund, $50,000 – Provides funds for tuition assistance; may be restricted.

Athletic Equipment Fund, $50,000 – Provides funds for the purchase of athletic equipment and uniforms; may be designated to a particular sport and campus.

Science Equipment Fund, $50,000 – Provides funds for science laboratory equipment; may be designated to a particular campus.

Technology Fund, $50,000 – Provides funds for technology related equipment and infrastructure; may be designated to a particular campus.

Visual and Performing Arts Equipment Fund, $50,000 – Provides funds for purchase of equipment and supplies in the music, art and theater department; may be designated to a particular department or campus.

Library Book Fund, 50,000 – Provides funds for the purchase of library books, periodicals and online resources; may be designated to a particular campus.

Fields/Maintenance Fund, $50,000 – Provides funds to support on-going maintenance of fields, landscaping and/or buildings; individual funds could be designated for specific buildings, fields or areas of the campuses.