Endowment & Planned Giving

 

Allen-Stevenson depends on voluntary charitable contributions to supplement revenue from tuition and fees. We are fortunate that we can also rely on the interest from our endowment to contribute to our annual budget. 

Unlike tuition and Annual Fund gifts, which support the annual operating expenses of the School, the endowment generates a perpetual stream of revenue that helps ensure the School's long-term financial security. Four percent of a 12-quarter rolling average is taken out of the endowment each year to support the operating expenses of the School, and the endowment is managed by the Investment Committee of the Board of Trustees.

The Parents Association Scholarship Fund Benefit supports the endowed Francis Bellows Allen Scholarship Fund each year. There are other named endowment funds that assist special programs at Allen-Stevenson. 

PLANNED GIVING
There may be a no more meaningful gift than that made through a bequest or legacy because these gifts, representing a lifetime of experience, embody a testament to one’s deepest beliefs, concerns and affections. Donors help secure the long-term financial health of the School through gifts that come in the future or over a period of years. Ther simplest way to make a Planned Gift is through a bequest, where in assests are transferred through a donor's estate. Any asset may be given in this way, though we most commonly receive cash gifts set out in the donor's will. Other bequests include the proceeds of life insurance policies and retirement plans.

Membership in the Founders Society is reserved for individuals who have made a provision for The Allen-Stevenson School in their estate plans. Named to honor the legacy of Francis Bellows Allen and Robert Alston Stevenson, the Society seeks to ensure the future excellence of an Allen-Stevenson education through support of the endowment.