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FAQs

How Can You Support the Cathy Adelman Endowment Fund for Financial Aid?

  • Buy a table to the 40th Annual Benefit;

  • Bid and win an auction item at the 40th Annual Benefit;

  • Support the Adelman Fund after the Annual Benefit, by making gifts directly to the Endowment. 

 

What are our Goals?

  • Raise $500,000 by June 30th, 2023, through net proceeds from the Annual Benefit; continue fundraising every year, growing the endowment over time and expanding its impact; 

  • Increase access to our Primary and Lower Schools by offering more robust financial aid; 

  • Grow Viewpoint’s overall endowment for the long term financial health of the School.

 

What makes this unique at Viewpoint School?

  • First-ever endowment to support financial aid for our youngest students;

  • First-ever endowment to honor a current educator and longest-serving teacher;

  • First-ever Annual Benefit to be wholly dedicated to financial aid;

  • First-ever Annual Benefit to contribute to endowment growth.

 

Why Endowment?

An endowment is a powerful way to have lasting impact in an area of importance to an organization. And when it’s named for an individual who is a pillar in the community, an endowment also carries symbolism and serves as a perpetual testament to their contributions.

Endowment gifts are given with the intent to preserve the original value of the gift, and to grow it over time. The funds are invested, and the accumulated appreciation and income on the investment is used to fund an annual distribution that is spent according to the specific terms of the fund. The endowment creates a solid financial foundation for the future, providing a reliable source of income to fulfill the School’s mission. It also allows Viewpoint to weather short-term economic ups and downs. Through this dedicated stream of income, an endowment gift ensures the stability of essential programs, like financial aid. When you make an endowment gift at Viewpoint, you are seeding the future.

Viewpoint’s Board of Trustees maintains a comprehensive Endowment Spending Policy based on the advice of the Finance Committee and its Investment Subcommittee. The goal of the policy is to provide predictable, regular disbursement of annual interest earnings and to moderate the cyclical nature of actual market performance. Currently the Board has a standing spending rate of up to 4% of the previous 12 quarters rolling average in each endowment account. In years where earnings exceed 4%, the excess earnings shall remain in the fund to support distributions in years of low or negative earnings and to grow the balance of the fund to maintain purchasing power against inflation Annual disbursements from the Cathy Adelman Endowment Fund for Financial Aid will be made consistent with the Board’s endowment spending policy and will be used to support financial aid for students in Primary and Lower School.

At $21 million, Viewpoint’s endowment is relatively small compared to other schools of our size, caliber, and prominence. Having spent the last two decades building out our forty-three acre campus, we are now beginning to shift our focus to building our future through our endowment.