Managing Our Endowment

The Henry H. Welles Endowment Fund

The Henry H. Welles Endowment is the foundation of New Canaan Country School’s financial strength and flexibility. As of June 30, 2018, the endowment’s value was nearly $41 million.

The Investment Committee of the Board of Trustees oversees investment of the school’s endowment. As of June 30, 2018, the endowment’s assets were allocated to a diversified portfolio of equities, bonds and alternative assets employing both active and passive strategies.

As has been the case for many years, the school maintained a 5% draw rate from the endowment to support operations during the fiscal year. 

Building the Henry H. Welles Endowment to improve the school’s financial strength is a strategic goal. Endowment operational support advances key institutional priorities such as faculty professional development and tuition assistance.