Crescent School has an $18.8 million endowment fund. These investable assets fund the school’s charitable efforts, primarily student financial assistance. The fund is structured to keep the principal amount intact while using the investment income for this purpose. Today, the fund disburses $1.2M annually, providing financial assistance to 5% of our student population.
Assuming a 4% return, $1 million in the endowment generates $40,000 in expendable assistance each year, or the equivalent of one full-tuition plus supplemental fees per year.