David Bryan Financial Aid Endowment
New Roads’ commitment to diversity has long been championed by our founding Head of School, David Bryan. Our commitment has created a uniquely diverse, progressive, and at times, outrageous, community. It provides continuity for our shared vision and keeps New Roads “New Roads.”
In his last year as Head of School, David is making it his personal priority to create an endowment to sustain this commitment to genuine diversity that lies at the core of our mission, and that lives in the core of David. Unlike Annual Giving, which funds our operating budget; an endowment provides a cushion, enabling us to maintain our extraordinary level of financial assistance even when circumstances shift and budgets change.
Since we opened our doors in September 1995, New Roads has not just valued diversity, not just spoken about diversity, but has inhabited it; believing not only that it is right, but that it makes education better for all of our children. David’s goal is to raise $1,000,000 this year to launch an endowment that can continue to grow and carry on his legacy of inclusion and opportunity.
What is an endowment?
An endowment is a self-renewing resource that the School holds in perpetuity (forever) and does not spend. Instead, endowed gifts are invested, and the investment earnings provide annual support for New Roads for many years into the future.
By investing the charitable gift prudently, the initial donation has a greater impact over a longer period of time. Only the interest can be spent, not the principal that anchors the endowment. That way New Roads has a stable income source for its uniquely generous Financial Aid program.
Making a contribution to an endowment is an act of great generosity and vision. Donors who decide to support an endowment do so because they understand the importance of supporting the school not only during their lifetime, but for generations to come. These visionary individuals, families, and organizations build an extraordinary resource that keeps on giving well into the future.
All donors to the endowment will be recognized in our annual report and on our web site.
Gifts to the endowment over $25,000 may be recognized with a named scholarship. Donors will receive annual updates letting them know to whom their scholarship was given and how that student is progressing over the year.
Making a gift
Gifts to the endowment can be made in a single payment or pledged over time. Contributions may also be made with gifts of appreciated securities and often are eligible for a matching gift from your company.
For more information about the David Bryan Financial Aid Endowment campaign or to make a gift, please contact Courtney Cohee at 310-828-5582, ext. 116 or email@example.com.
You may also click here to make an online gift or pledge payment using a credit card through our secure website.