Endowment support at Newton is generally made with significant gifts to a permanent fund where the principal remains intact and from which only earned income is spent. The rate of spending of the earned income is determined by the Board of Trustees. Endowment gifts provide financial strength for the School ensuring its viability for the future.
A named endowed fund created for a specific purpose ensures that certain programs and initiatives will continue in perpetuity. Newton has a number of named funds as well as a general, unrestricted endowment. Individuals may establish a named fund at any time in accordance with the school’s endowment gift policies.
The Newton endowment is currently $20 million.
For more information about Endowment gift opportunities, please contact the Development Office, at firstname.lastname@example.org or 617-244-4246 x.4731.