Endowment funds are similar to savings accounts which generate income through wise investments of principal. A percentage of the endowment’s income provides cash toward annual operating expenses. A common way for a school to grow an endowment is through a planned gift such as a bequest or a charitable remainder trust.
General Scholarship Endowment
Donations of any amount are welcome to the general scholarship endowment. Saint Demetrios Prep confidentially awards financial aid to financially qualified students. Our scholarship endowment provides critical resources to support our financial aid budget. This is a growing need of the school.