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Endowment Funds

Sustaining Summit today. Securing tomorrow.

Summit’s endowment funds, established in 1959, have grown to more than $21,671,618 and generate approximately $850,000 annually for the operating budget. The Board’s policy is to spend up to 5% of a three-year rolling average of the value of the endowment for operations. In doing so, we ensure that we spend appropriately for Summit today while also saving for the future. 

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

Gifts to the general endowment fund are always welcome. If you are interested in establishing a permanent, named endowment, or please email Margaret Turner '93, Director of Philanthropy, or call 336-724-5811.

A young girl points to a tall cardboard structure in the foreground, while a man in a suit looks up at it in a classroom setting in the background.

 

General and Operating Support

Financial Aid

Faculty Support and Professional Development

Funds Housed at the Winston-Salem Foundation