The Board of Trustees has established an endowment fund to sustain Brentwood School, not just for a year, a decade, or a generation, but in perpetuity.
By preparing for the future, we provide a foundation that will allow Brentwood School to continue as an excellent academic institution, even years from now when our current students are themselves parents, grandparents, and even great-grandparents.
What is an Endowment Fund?
Created primarily from donations, Endowment Funds are monies typically held in long-term investments with the principal remaining untouched, allowing the funds to have greater impact over time. The money may be permanently restricted, temporarily restricted, or unrestricted in its use, based on the request and intent of the donor or, in the case of board designated funds, by a vote of the Board of Trustees.
Why is an Endowment Fund Important?
The money held in our Endowment Fund generates interest and dividend income that may be used to support programs, financial support, and other special initiatives by providing a permanent ongoing source of revenue, thus improving the ability of the Board of Trustees to plan for the long-term financial health of the school.
How is the Brentwood School Endowment Fund Managed?
Management of our Endowment Fund follows best practices of accounting and reporting, as established by the National Association of Independent Schools (NAIS), allowing Brentwood School’s current and future needs to be met through careful, thoughtful, and informed supervision of the finance and investment committees of the Board of Trustees.
How Can I Help?
If you would like to help sustain the long-term financial health of Brentwood School by supporting our endowment, please contact Josh Melnick at email@example.com.