Growing St. Margaret's endowed funds is vital to St. Margaret's continued financial stability and future viability. It provides funding for need-based financial aid, faculty salaries and enrichment opportunities, and the feasibility of multiple school programs. For many donors, it also is a meaningful way to leave a lasting legacy through the Sara Morriss Society.
With a relatively small endowment of $5 million, St. Margaret's must build on these funds in order to keep up with the growing costs associated with special academic, extracurricular and professional development programs. Increasing endowment income will not only help operate and maintain facilities, it will also ensure that faculty compensation and benefits as well as academic and school life programs remain competitive.
To learn more about endowment support, create an endowed fund, or make a contribution to an existing fund, please contact Director of Development, Stephen Davenport, at (804) 443-3357, x3010.