Capital and Endowment Gifts

Gifts to support capital projects and the endowment come in many ways: unrestricted, restricted, or named endowments which support an area of particular interest to a donor and by bequest.

Roots & Reach Campaign

Summit is a strong school today because past families planned and gave to support its capital growth.

All members of the Summit School community are responsible for its long-term interests and financial stability, and are asked to make Summit a philanthropic priority to maintain the quality of the school’s facilities and programs. Current Summit students benefit directly from the investments made in our plant and facilities by generations of families before us, as well as the visionary and bold decisions entrusted to the community by the Board of Trustees.

The goal for the Roots & Reach Campaign is to raise $1 million by 2026.

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Endowment Funds

Summit’s endowment funds, established in 1959, have grown to more than $14,100,000 and generate $720,000 annually for the operating budget. These funds enable Summit to respond quickly to needs and keep the school innovative.

Summit has the largest per student endowment of NCAIS (North Carolina Association of Independent Schools) schools. The Board’s policy is to spend 5% of a three year rolling average of the value of the endowment for operations.

Gifts to the general endowment fund are always welcome. If you are interested in establishing a permanent, named endowment, or for additional information, please contact Jeanne Sayers, Director of Development, at 336-724-5811.

Summit School Endowment Fund – 1959

Summit School Endowment Fund - 1959

Established at the Winston-Salem Foundation with a gift from Frank B. Hanes, Sr. to support Summit.

Joe Parrish Jr. Sports Fund – 1985

Joe Parrish Jr. Sports Fund – 1985

Established by the Summit Board of Trustees in memory of Joe Parrish, Jr., parent and Board member. The fund celebrates Joe’s joyful spirit, energy and enthusiasm in his love of sports, and provides support of the physical education and sports programs.


Clara Allen Scholarship Fund - 1990

Clara Allen Scholarship Fund - 1990

Established to honor Clara Allen, Summit teacher for 34 years, and provide financial aid for students.

Louise Futrell Fund – 1990

Louise Futrell Fund - 1990

Established with a bequest from Miss Futrell, Summit’s Founder, to continue her work with children with specific learning differences.

Lewis Fund For Faculty Excellence – 1990

Lewis Fund For Faculty Excellence – 1990

Established to honor former Headmaster Doug Lewis and long-time teacher Bingle Lewis and to provide professional development opportunities for Summit faculty.

Lula Ditmore Sandlin Fund for Teaching Enrichment – 1990

Lula Ditmore Sandlin Fund for Teaching Enrichment - 1990

Established in loving memory of Mrs. Sandlin to honor her 40 years of teaching and provide support for Summit faculty.

Aurelia Plumly Spaugh Fund – 1992

Aurelia Plumly Spaugh Fund - 1992

Established with a bequest from Aurelia Spaugh, one of Summit’s first teachers, to provide a four to six week mini-sabbatical for a teacher to travel, do research, study at other schools, etc.

Wilson Family Enrichment Fund – 1993

Wilson Family Enrichment Fund - 1993

Established with a bequest by Diana Dyer Wilson and added to during the Great Expectations campaign by her family to support programs, events, curriculum, and other resources that promote innovations in learning and teaching.

Jessica Marsha Wolfman '94 Exchange Fund – 1994

Jessica Marsha Wolfman 1994 Exchange Fund – 1994

Established in loving memory of Jessi to help students experience the wonders of travel through Summit’s exchange program and other school sponsored trips.

Kate Sandridge Sink '53 Fund – 1995

Kate Sandridge Sink '53 Fund – 1995

Established by bequest from Kate S. Sink, Summit alumna and parent, for general support of Summit’s programs.

Albert L. Butler, Jr. and Elizabeth Bahnson Butler Endowment of the Lewis Fund for Faculty Excellence – 1997

Albert L. Butler, Jr. and Elizabeth Bahnson Butler Endowment of the Lewis Fund for Faculty Excellence – 1997

Established by Betty and Albert Butler, Summit parents, trustees and grandparents, to honor Doug and Bingle Lewis on the occasion of their retirement and to continue the Lewises’ commitment to supporting quality teaching at Summit.

Alumni Scholarship Fund – 1997

Alumni Scholarship Fund – 1997

Established in response to the Lovett Challenge during the Great Expectations, Building the Future Campaign to provide financial assistance to deserving students who might not otherwise be able to attend Summit.

Head’s Discretionary Fund – 1997

Head’s Discretionary Fund – 1997

Begun by Summit faculty and staff in 1991 and endowed by an anonymous donor during the Great Expectations Campaign to enable the head of school to address non-tuition related school expenses for deserving students with demonstrated financial need.

Anne Hanes Willis '36 Endowment of the Lewis Fund for Faculty Excellence – 1997

Anne Hanes Willis '36 Endowment of the Lewis Fund for Faculty Excellence – 1997

Established by bequest from Anne Willis, Summit alumna, parent and grandparent, to honor Doug and Bingle Lewis and support quality teaching at Summit.

Elizabeth Fuller and Henry Lewis Valk Fund for Faculty Excellence – 1999

Elizabeth Fuller and Henry Lewis Valk Fund for Faculty Excellence – 1999

Established by Summit parents, Bungy and Henry Valk, in honor of the teachers who influenced their children, and to promote quality teaching for future generations of students.

Marian G. DeBell Fund – 2000

Marian G. DeBell Fund – 2000

Established in loving memory of Mrs. DeBell by her family to provide financial aid to deserving students who otherwise would be unable to attend Summit.

The Perkinson Family Travel Fund – 2000

The Perkinson Family Travel Fund - 2000

Established in memory of Carl J. Perkinson by Mrs. Carl J. Perkinson, Mrs. Gladys Perkinson Hershey 1979, Mr. John Perkinson 1974 and Ms. Elizabeth Graves Perkinson 1971 to help students with demonstrated financial need enrich their educational experiences by participating in school-endorsed trips.

Marian Millaway Douglas '69 Award for Faculty Excellence – 2001

Marian Millaway Douglas '69 Award for Faculty Excellence – 2001

Established by family and friends to honor Mrs. Douglas for her love of and dedication to Summit, and to recognize her parents who made a Summit education a priority for their daughter. This fund will reward teachers whose excellence and enthusiasm spark the flame of learning in students.

Mary Lee Nelson LaFar Moore Endowment for Faculty Support – 2001

Mary Lee Nelson LaFar Moore Endowment for Faculty Support – 2001

Established by bequest from Mary Lee Moore, parent of Thomas O. Moore III 1974, Robertson L. Moore 1976, Mary Lee H. Moore 1981, and grandparent of Thomas O. Moore IV 2006, George B. Moore 2008, David R. L. Moore 2010 and Elizabeth A. Moore 2014 to enhance teaching excellence at Summit.

Sara Courtney Bradshaw '05 Fund – 2001

Sara Courtney Bradshaw '05 Fund – 2001

Established in loving memory of Sara by her family, classmates and friends in celebration of the joy of friendship, caring and kindness Sara and her classmates shared and to provide financial aid for deserving students.

Donna Shores Diversity Fund – 2002

Donna Shores Diversity Fund – 2002

Established in loving memory of Donna by her colleagues at Summit, with additional funding from the Summit School Parents’ Association and other friends. In recognition of Donna’s 29 years of master teaching at Summit, this fund will support diversity through financial aid.

Summit School Opportunity Fund – 2006

Summit School Opportunity Fund - 2006

Established at the Winston-Salem Foundation by the Kate B. Reynolds Charitable Trust to honor Dr. Ramon Velez for his service on their Poor and Needy Division Advisory board. This fund will be used to provide financial aid to children of needy families in Forsyth County.

Thomas A. Gray '63 Endowment – 2008

Thomas A. Gray '63 Endowment – 2008

Established by Mr. Gray, this fund’s income will be used at the discretion of the Head of School.

Katherine V. Rachel Moyer Class of '00 Endowment Fund – 2013

Katherine V. Rachel Moyer Class of '00 Endowment Fund – 2013

Established by Charles E. and Carolyn F. Moyer to honor their daughter, Katherine. This fund will provide need based financial aid for students whose families might not otherwise be able to afford a Summit education.

Endowment for the Center for Excellence and Innovation – 2014

Endowment for the Center for Excellence and Innovation – 2014

Established to support professional development and learning opportunities for educators at Summit and throughout the wider community.

Sylvia Holt Cebeci '56 Memorial Fund – 2014

Sylvia Holt Cebeci '56 Memorial Fund – 2014

Established by Dr. Tuncer Cebeci in honor of his late wife, Sylvia Holt Cebeci, Summit School Class of 1956. This fund will provide need-based tuition assistance for deserving students. Learn more here.