Ninth Grade Endowment Fund
Established in 1996 by ninth grade families to honor and give thanks to all NCCS faculty for the guidance, support and friendship given to their children during their experience at the school. Kathy, former President of the Board of Trustees, and Peter Sachs ’54 and P ’97,’99,’03, were instrumental in establishing this permanent endowed fund.
Endowment funds are like savings accounts that generate income from the investment of the principal. The earnings on endowed funds are used in perpetuity to support NCCS programs and goals. Because the principal of the fund is never spent, it can generate greater earnings over time. Annual giving income, by contrast, is spent the same year it is given and is used entirely in support of the operating budget of the school.
The income from the NGE Fund is used to support faculty enrichment programs that may vary from year to year, such as the sabbatical program, teacher conferences, workshops and graduate course work, all of which contribute to teaching excellence at Country School.
As of June 30, 2017, the NGE Fund totaled $5,796,327 providing $205,209 for faculty programs last year. Most years have achieved 100% parent participation; 100% of the parents of the Class of 2017 contributed to the NGE Fund.
NGE gifts may be eligible for a matching gift
if your employer participates. To check if yours does, click here.