An Endowed Fund is an investment in the future of ISP.
Endowed Funds are established by a donor to support a general or specific program at the School; for example, a donor who wishes to support the sciences at ISP may establish a fund to support the salary of a science teacher. Or, a donor might wish to see a specific sport being taught, in which case he/she might establish a fund to support the purchase of equipment necessary for that sport.
The goal with an Endowed Fund is to provide the support in perpetuity. Generally, therefore, a substantial gift is made (either in a lump sum or over the course of several years), and that amount is invested with the School's Endowment. Generally (but based on the wishes of the donor), only the income from that invested gift is used.
If you would like to discuss your idea for an Endowed Fund, please contact the Advancement Office - we would be honored to talk about any of your ideas for supporting ISP.