Capital & Endowment Gifts
Thanks to an outpouring of gifts and the School’s strong management of funds, Episcopal’s endowment reached an all-time high of $253 million in 2019 — triple the total of two decades ago. The 2018 Strategic Plan calls for “bold growth” in the endowment to help moderate tuition increases, make the School affordable for more families, and strengthen its distinctive programs and staff.
Income from the endowment funds faculty masterships, salary enhancements, and faculty educational programs; provides financial assistance to deserving students; enhances academic programs, and covers ongoing campus maintenance costs. Endowment funds also ensure that the campus remains an ideal setting for learning and incorporates state-of-the-art technology in all fields. Above all, a growing endowment helps moderate tuition increases.
Masterships and Endowed Faculty Support
George C. Covington ’71 Memorial Fund
Mr. and Mrs. A. W. Downing Mears, Jr. ’71
James G. Kenan ’28 Learning Fund
Elhapa Foundation, Inc.
Mr. and Mrs. James G. Kenan III