Endowment Funds

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.
Summit’s endowment funds, established in 1959, have grown to more than $18,700,000 and generate $850,000 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 up to 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 email development@summitmail.org or call 336-724-5811.
General and Operating Support
- Summit School Endowment Fund - 1959
- Joe Parrish, Jr, Sports Fund - 1985
- Louise Futrell Fund – 1990
- Kate Sandridge Sink '53 Fund – 1995
- Thomas A. Gray '63 Endowment – 2008
- C. Barbour Strickland III ’67 Endowed Fund for Visual and Performing Arts - 2024
Summit School Endowment Fund - 1959
Joe Parrish, Jr, Sports Fund - 1985
Louise Futrell Fund – 1990
Kate Sandridge Sink '53 Fund – 1995
Thomas A. Gray '63 Endowment – 2008
C. Barbour Strickland III ’67 Endowed Fund for Visual and Performing Arts - 2024
Financial Aid
- Clara Allen Scholarship Fund - 1990
- Jessica Marsha Wolfman '94 Exchange Fund – 1994
- Alumni Scholarship Fund – 1997
- Head’s Discretionary Fund – 1997
- Marian G. DeBell Fund – 2000
- The Perkinson Family Travel Fund – 2000
- Sara Courtney Bradshaw '05 Fund – 2001
- Summit School Financial Aid Fund - 2001
- Donna Shores Diversity Fund – 2002
- Summit School Faculty Development/Diversity Education Fund – 2011
- Summit School Financial Aid Fund – 2011
- Triad Academy Financial Aid Endowment - 2012
- Katherine V. Rachel Moyer Class of '00 Endowment Fund – 2013
- Sylvia Holt Cebeci '56 Memorial Fund – 2014
- Daniel Tran Foskett Hudgins ’15 Endowment Fund for Triad Academy at Summit School - 2022
- John E. Allen, Jr. and Gloria Allen Scholarship Endowment Fund - 2023
- John Pardue Diversity Scholarship Fund - 2023
- John Seymour Scholarship Fund - 2023
- Wendy and Mike Brenner '63 Family Fund - 2024
- Cullinan Family Endowment Fund for Financial Aid - 2024
- Eisenberg and Grosswald Family Endowed Fund - 2024
- Fine and Pranikoff Endowed Fund - 2024
- Foster Family Fund - 2024
- Hagan Family Endowed Fund - 2024
- Michalek Family Endowment Fund - 2024
- Neely Family Scholarship Fund - 2024
- Pfefferkorn Foundation Tuition Assistance Endowment Fund - 2024
- Roemer Family Endowed Fund - 2024
- Self Family Endowment Fund - 2024
- Terry Family Scholarship Endowment Fund - 2024
- Liz and Taylor Williams Fund - 2024
- Emily and Edward Van Velsor Williamson Endowment Fund - 2024
Clara Allen Scholarship Fund - 1990
Jessica Marsha Wolfman '94 Exchange Fund – 1994
Alumni Scholarship Fund – 1997
Head’s Discretionary Fund – 1997
Marian G. DeBell Fund – 2000
The Perkinson Family Travel Fund – 2000
Sara Courtney Bradshaw '05 Fund – 2001
Summit School Financial Aid Fund - 2001
Donna Shores Diversity Fund – 2002
Summit School Faculty Development/Diversity Education Fund – 2011
Summit School Financial Aid Fund – 2011
Triad Academy Financial Aid Endowment - 2012
Katherine V. Rachel Moyer Class of '00 Endowment Fund – 2013
Sylvia Holt Cebeci '56 Memorial Fund – 2014
Daniel Tran Foskett Hudgins ’15 Endowment Fund for Triad Academy at Summit School - 2022
John E. Allen, Jr. and Gloria Allen Scholarship Endowment Fund - 2023
John Pardue Diversity Scholarship Fund - 2023
John Seymour Scholarship Fund - 2023
Wendy and Mike Brenner '63 Family Fund - 2024
Cullinan Family Endowment Fund for Financial Aid - 2024
Eisenberg and Grosswald Family Endowed Fund - 2024
Fine and Pranikoff Endowed Fund - 2024
Foster Family Fund - 2024
Hagan Family Endowed Fund - 2024
Michalek Family Endowment Fund - 2024
Neely Family Scholarship Fund - 2024
Pfefferkorn Foundation Tuition Assistance Endowment Fund - 2024
Roemer Family Endowed Fund - 2024
Self Family Endowment Fund - 2024
Terry Family Scholarship Endowment Fund - 2024
Liz and Taylor Williams Fund - 2024
Emily and Edward Van Velsor Williamson Endowment Fund - 2024
Faculty Support and Professional Development
- Lewis Fund For Faculty Excellence – 1990
- Lula Ditmore Sandlin Fund for Teaching Enrichment – 1990
- Aurelia Plumly Spaugh Fund – 1992
- Wilson Family Enrichment Fund – 1993
- Albert L. Butler, Jr. and Elizabeth Bahnson Butler Endowment of the Lewis Fund for Faculty Excellence – 1997
- Anne Hanes Willis '36 Endowment of the Lewis Fund for Faculty Excellence – 1997
- Elizabeth Fuller and Henry Lewis Valk Fund for Faculty Excellence – 1999
- Marian Millaway Douglas '69 Award for Faculty Excellence – 2001
- Mary Lee Nelson LaFar Moore Endowment for Faculty Support – 2001
- Endowment for the Ebeling Center for Excellence and Innovation in Teaching and Learning – 2014
- Blanco Family Endowed Fund - 2024
- Cullinan Family CEI Endowment Fund for Triad - 2024
- Koman Family Endowed Fund - 2024
- Margaret Driscoll Townsend '78 and David Townsend Family Fund - 2024
- The Wauford Family Endowed Fund - 2024
Lewis Fund For Faculty Excellence – 1990
Lula Ditmore Sandlin Fund for Teaching Enrichment – 1990
Aurelia Plumly Spaugh Fund – 1992
Wilson Family Enrichment Fund – 1993
Albert L. Butler, Jr. and Elizabeth Bahnson Butler Endowment of the Lewis Fund for Faculty Excellence – 1997
Anne Hanes Willis '36 Endowment of the Lewis Fund for Faculty Excellence – 1997
Elizabeth Fuller and Henry Lewis Valk Fund for Faculty Excellence – 1999
Marian Millaway Douglas '69 Award for Faculty Excellence – 2001
Mary Lee Nelson LaFar Moore Endowment for Faculty Support – 2001
Endowment for the Ebeling Center for Excellence and Innovation in Teaching and Learning – 2014
Blanco Family Endowed Fund - 2024
Cullinan Family CEI Endowment Fund for Triad - 2024
Koman Family Endowed Fund - 2024
Margaret Driscoll Townsend '78 and David Townsend Family Fund - 2024
The Wauford Family Endowed Fund - 2024
Funds Housed at the Winston-Salem Foundation
- Summit School Endowment Fund - 1959
- Carr Family Fund - 2006
- Summit School Opportunity Fund – 2006
- Albert L. Butler, Jr. and Elizabeth Bahnson Butler Fund - 2011
- Matthew Alan Gfeller '08 Fund for Summit School - 2018
- George W. Chandler, Jr. '63 Fund - 2021
- Edmund B. and Loma C. Hopkins Fund for Summit School – 2024