Endowed & Major Gifts
We are deeply grateful to the generations of parents, alumni, grandparents and friends who have supported our endowment and those of our predecessor schools. Their donations have supported our Mission and strategically realized our vision for the future. Donors who make contributions to our endowment are leaving a legacy at the School; ensuring our financial strength; and increasing our community's pride by allowing us to erect buildings, expand curricular and extracurricular offerings, and continue to attract and retain exceptional faculty and students.
An endowment is a dependable source of funding in which contributions are invested to generate a reliable stream of income. Each year, a portion of the value of each fund is paid out in support of its purpose. Our unrestricted General Endowment and restricted Family of Funds, endowed, named funds which have a designated purpose, are managed by the Investment Committee of the Board of Trustees and by our outsourced CIO, and are consistent with the Investment Policy and Spend Policy as approved by the Board. Building the School’s endowment is always an important and ongoing element of maintaining and ensuring the School’s stable financial footing. Contributions to our endowment can be made in one of the three ways below, and we welcome your partnership and investment!
- Unrestricted gifts can be made to the General Endowment, a critical source of support for King. Our Board designated General Endowment ensures our ability to sustain the financial strength of our School, evolving and growing as needed. It also allows us to meet unforeseen opportunities and challenges should they arise.
- Gifts can be used to establish a new named fund within our Family of Funds, with terms specifying how the income shall be used established by the donor. Establishing a new endowed fund requires a $150,000 minimum.*
- Gifts can be made to any one of our existing Family of Funds should there be one that reflects your philanthropic interests. A list of our currently existing funds can be found below.*
To learn more about King’s endowment or any of our funds, or to discuss establishing a new fund, please contact Lauren Fredette, Director of Development, by email or (203) 322-3496, Ext. 324.
*Both principal and investment earnings on the principal may be utilized for the benefit of the designated purposes, as listed.