The Saint James School Endowment Fund is a permanent investment that generates income to supplement school programs. The endowment currently consists of two parts.
- The G. Stanley Frazer General Endowment - approximately $1,300,000
- The Saint James School Scholarship Endowment - approximately $320,000
The General Endowment directly supports school programs as a part of the annual budget and by funding special projects designated by the Board of Trustees. The Scholarship Endowment helps deserving students who might otherwise not be able to afford a Saint James School education.
It could be compared to a savings account for the school. Gifts made to the endowment build the principal and allow the school to spend a percentage of the interest income. The endowment allows you to leave a legacy that will continue to grow and support the Saint James School educational experience for years to come.