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.
Endowment Funds
Summit’s endowment funds, established in 1959, have grown to more than $17,400,000 and generate $800,000 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 email development@summitmail.org or call 336-724-5811.
- Summit School Endowment Fund – 1959
- Joe Parrish Jr. Sports Fund – 1985
- Clara Allen Scholarship Fund - 1990
- Louise Futrell Fund – 1990
- Lewis Fund For Faculty Excellence – 1990
- Lula Ditmore Sandlin Fund for Teaching Enrichment – 1990
- Aurelia Plumly Spaugh Fund – 1992
- Wilson Family Enrichment Fund – 1993
- Jessica Marsha Wolfman '94 Exchange Fund – 1994
- Kate Sandridge Sink '53 Fund – 1995
- Albert L. Butler, Jr. and Elizabeth Bahnson Butler Endowment of the Lewis Fund for Faculty Excellence – 1997
- Alumni Scholarship Fund – 1997
- Head’s Discretionary Fund – 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 G. DeBell Fund – 2000
- The Perkinson Family Travel Fund – 2000
- Marian Millaway Douglas '69 Award for Faculty Excellence – 2001
- Mary Lee Nelson LaFar Moore Endowment for Faculty Support – 2001
- Sara Courtney Bradshaw '05 Fund – 2001
- Donna Shores Diversity Fund – 2002
- Carr Family Fund - 2006
- Summit School Opportunity Fund – 2006
- Thomas A. Gray '63 Endowment – 2008
- Albert L. Butler, Jr. and Elizabeth Bahnson Butler Fund - 2011
- 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
- Endowment for the Ebeling Center for Excellence and Innovation in Teaching and Learning – 2014
- Sylvia Holt Cebeci '56 Memorial Fund – 2014
- Matthew Alan Gfeller '08 Fund for Summit School - 2018
- George W. Chandler, Jr. '63 Fund - 2021
- Daniel Tran Foskett Hudgins ’15 Endowment Fund for Triad Academy at Summit School - 2022
- John Pardue Diversity Scholarship Fund - 2023
- John Seymour Scholarship Fund - 2023
- Edmund B. and Loma C. Hopkins Fund for Summit School – 2024
Summit School Endowment Fund – 1959
Joe Parrish Jr. Sports Fund – 1985
Clara Allen Scholarship Fund - 1990
Louise Futrell Fund – 1990
Lewis Fund For Faculty Excellence – 1990
Lula Ditmore Sandlin Fund for Teaching Enrichment – 1990
Aurelia Plumly Spaugh Fund – 1992
Wilson Family Enrichment Fund – 1993
Jessica Marsha Wolfman '94 Exchange Fund – 1994
Kate Sandridge Sink '53 Fund – 1995
Albert L. Butler, Jr. and Elizabeth Bahnson Butler Endowment of the Lewis Fund for Faculty Excellence – 1997
Alumni Scholarship Fund – 1997
Head’s Discretionary Fund – 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 G. DeBell Fund – 2000
The Perkinson Family Travel Fund – 2000
Marian Millaway Douglas '69 Award for Faculty Excellence – 2001
Mary Lee Nelson LaFar Moore Endowment for Faculty Support – 2001
Sara Courtney Bradshaw '05 Fund – 2001
Donna Shores Diversity Fund – 2002
Carr Family Fund - 2006
Summit School Opportunity Fund – 2006
Thomas A. Gray '63 Endowment – 2008
Albert L. Butler, Jr. and Elizabeth Bahnson Butler Fund - 2011
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
Endowment for the Ebeling Center for Excellence and Innovation in Teaching and Learning – 2014
Sylvia Holt Cebeci '56 Memorial Fund – 2014
Matthew Alan Gfeller '08 Fund for Summit School - 2018
George W. Chandler, Jr. '63 Fund - 2021
Daniel Tran Foskett Hudgins ’15 Endowment Fund for Triad Academy at Summit School - 2022
John Pardue Diversity Scholarship Fund - 2023
John Seymour Scholarship Fund - 2023
Edmund B. and Loma C. Hopkins Fund for Summit School – 2024
Endowment Update