Growing St. Margaret's endowed funds is vital to St. Margaret's continued financial stability and future viability. It provides funding for student scholarships, 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 guarantee that it can keep up with the growing costs associated with professional development, outstanding classroom instruction, and financial aid. Increasing endowment income will not only help operate and maintain facilities, it will also provide need-based financial aid and help underwrite special academic, extracurricular and professional development programs. The endowment will also enable St. Margaret's to ensure that faculty compensation is competitive, resulting in greater faculty retention and job satisfaction.
To learn more about endowment support, create an endowed fund or make a contribution to an existing fund, please contact Director of Development, Sarah Wilson '95 at 804-443-3357 or email firstname.lastname@example.org.
The Class of 2014 at Commencement