Endowment

Planned Giving

A school’s endowment are funds that are placed in savings accounts for the long term. A healthy endowment fortifies a school financially and educationally. With a reliable stream of endowment income, administrators can maintain accessible tuition and budget confidently for any number of worthy projects. At Canterbury, income from endowment supports financial assistance for students, provides teachers and staff with professional development opportunities, maintains the school’s physical plant, and enriches our programs. A portion of each year’s Annual Fund is placed in endowment and each capital campaign builds endowment funds.  As of the spring of 2006, our endowment is nearly $2 million.

Should you consider a planned gift to Canterbury School?

The answer is simple.  You can often make a meaningful gift to the school all the while generating more income for you and your loved ones.  There are often estate and income tax deductions, as well as an opportunity to avoid capital gains.  It is a great way to diversify your investments. 

We encourage you to talk with your financial advisor about planned giving options in the form of life income gifts or charitable trusts. Some options that are attractive to donors include the following: bequests in your Will, gift of a retirement plan with the school as beneficiary, gift annuity, annuity trust or unitrust, charitable lead trust, and gifts of real estate. A representative from Canterbury is available to discuss the options with you and your financial advisor. 

To request more information, please contact Kathleen Smith, Director of Advancement at (336) 288-1541.