Endowment

An endowment fund is a permanent, self-sustaining source of funding. Endowment assets are carefully invested by FRA, and each year, a small percentage, approximately 4 ½%, of the market value of the fund, is paid out to support the fund’s purpose. Any earnings in excess of this distribution are used to build the fund’s market value. Endowment funds are designed to grow and provide support for a designated purpose in perpetuity. Therefore, when you establish an endowment fund, you create a permanent legacy of support for FRA.

A named endowment fund can be created with payments over the course of five years. You can name an endowment for yourself, your family, your favorite professor, or to honor or memorialize someone who is important to you - the choice is yours. Our development team can work with you to establish guidelines for your endowment and to provide ongoing stewardship to ensure that you are able to achieve your philanthropic goals.

Please click on the categories below in order to view a list of endowment opportunities

Faculty Support Funds

Faculty Chair

Endowment to underwrite all or part of a faculty position

$1,000,000

Faculty Fellows Fund

Endowment to support one faculty fellow for one year

$1,000,000

Exceptional Teacher

Endowment to recognize an outstanding teacher

$500,000
Teaching Excellence Fund

Endowment to provide teachers professional development opportunities for summer study, research, and other activities that enhance their effectiveness

$150,000
Division/Department Fund

Provide equipment, supplies, and teaching materials in a division or department as selected by the donor

$100,000

Naming recognition opportunities for Faculty Funds reflect the position rather than the individual employed in the position.

Student Financial Assistance

FRA Scholars Fund

Endowment to fund a group of scholars (funds four freshmen or one per grade in the upper school – based upon our average award of $11,000)

$1,000,000

Full Financial Aid Fund
Endowment restricted to need-based aid only (funds two students based upon our average award of $11,000)

$500,000
Partial Financial Aid Fund

Endowment restricted to need based aid to be distributed by the school

$250,000
Academic Experiences Fund

To provide partial support for students for school-sponsored academic experiences

$100,000
Service Learning Fund

To provide partial support for students for school-sponsored mission trip experiences

$100,000


Unrestricted Endowment Fund

Gifts to the School’s general endowment may be named as a separate fund with this minimum gift

$100,000


You may also make a gift of any size to an existing endowment fund. There may be an existing fund that reflects your interests, and you can add your support. Many donors who have established endowment funds in the past continue to support them financially over time. The larger a fund is, the more it can do each year.

For more information, or to establish a named endowment fund, please contact Jill Johnson, Director of Advancement, at johnsonj@franklinroadacademy.com.