One of the best kept secrets at St. Stephen’s is the endowment fund. Management of the endowment has evolved into a prime example of best practices. Yet relatively few people really understand how the endowment fund functions or how annual distributions to the school are integral to the operating budget.
Distributions to the school have increased annually for the last decade and reflect the overall success of growth in gift income and effective fund management. Distributions support mission-driven commitments, such as financial aid, and provide opportunities to enrich educational programs that are core to the ongoing success of St. Stephen's students and the school.