Giving to the Annual Fund
Investing for Today
Your gift will directly fund essential academic programs throughout the Piedmont schools this year if you donate through the Giving Campaign, Spring Fling, and SCRIP. Without that support, librarians, counselors, teacher’s aides, technology, art, music, professional development, innovation and strategic planning – cannot be so robustly sustained. The money in the Annual Fund is given to the schools each year and is an important part of the District’s annual budget.
Giving to the Endowment
Investing for the Future
Give to the Endowment Fund, and give in perpetuity. The Endowment is an ongoing source of sustained, long-term funding for students of today and tomorrow. Nearing $6 million*, annual distributions (5% of the corpus) have grown more than five-fold since 2002. The Endowment not only mitigates the unreliability of state funding, but this year’s distribution also supported core K-12 programs as well as enabled the addition of new Computer Science curriculum. In spring 2015, the Foundation contributed $275,000 to the Piedmont schools from the Endowment.
The Gift That Keeps on Giving
Building a permanent Endowment Fund is the best way to protect the investment we have made – and continue to make – in educational excellence. With state funding ever unpredictable, the Endowment represents a stable source of income, and each gift brings us closer to our goal of ensuring the continuing excellence of Piedmont’s schools in perpetuity. The Endowment provides a critical source of ongoing unrestricted funding for essential programs, including counseling and libraries, long abandoned by many California districts. The Endowment distributions enabled the District to include expanded computer science curriculum into its core program, making Piedmont one of the first K-12 districts in the country to adopt computer science standards.
Our New Goal of $10 Million
Thanks to the vision of generous donors, the Endowment Fund, now valued at over $6 million, provides consistent, long-term financial support to the District through annual distributions. Since 2004, annual distributions have grown at a compound rate of almost 20% – generating total revenues of over $1.2 million that have directly benefited students. Gifts to the Endowment Fund may be made as a current pledge (cash, charge, or securities) or as a deferred gift (bequest or trust). Donations may also be made as a tribute to honor or in memory of a special individual.
PEF Rallies Graduating Classes for Senior Gift to Endowment
A tradition continues as families donate in honor of their graduating seniors. By leaving a lasting legacy in your senior’s honor, you will help to support our schools for future generations.
*Reporting from 6/30/2015