The Endowment Fund
Our mission
The Endowment Fund of the La Cañada Flintridge Educational Foundation is committed to enhancing the educational standards and reputation of the La Cañada Unified School District, one of the country’s most highly regarded school districts. Annual gifts to LCUSD provide the means to achieve this. The Endowment Fund’s mission is, in perpetuity, to increase and stabilize the long-term growth of gifts to LCUSD.
The Foundation’s Endowment Fund is a cornerstone of the Foundation’s funding strategy. Over time, the Endowment will grow to a very substantial size and provide larger contributions to the Foundation’s annual Campaign. Subject to certain restrictions, the Endowment transfers 5% of its net assets to the Annual Campaign each year. As the Endowment grows, larger contributions will be made each year to the Annual Campaign.
Click to read more about our Endowment’s history.
Our performance
Through ongoing generous contributions and prudent management, the Endowment Fund’s assets have grown to approximately $3.75 million. Subject to certain restrictions, the Endowment Fund contributes roughly 5% of its net assets each year to the Foundation’s annual fundraising campaign. As a result, as the Endowment Fund has grown, the annual gift from the Endowment Fund to the Foundation’s Annual Campaign has grown –with the 2009/10 Endowment gift totaling $150,700—over 10% of the total amount raised by the Foundation.
The following charts show the growth of the Endowment Fund since its inception, as well as the support provided to the annual campaign on an annual basis in both total dollars and as a percentage of total assets.
Just click on a graph to view it in full size (works best in Safari and Chrome, but also works with Firefox and IE 8).
Our Management
Although the endowment funds are managed by an experienced third party—the California Community Foundation—a group of independent Trustees are ultimately responsible for overseeing the Endowment. Each of the Trustees serves a designated term, and new Trustees are selected as required. The Endowment by-laws require at least two Trustees to have legal, investment management or financial advisory experience.
Current Trustees are Mike Goldberg, David Hotchkin, Renee LaBran, Brad Schwartz, Brad Weirick, Jason Melillo and Brent Woodford.
How You Can Help
Please consider a generous gift to the Endowment Fund. Your gift will make a lasting difference. It’s an investment in the future of both our schools and our community. If you donate online, you can easily choose how to divide your gift between both the Annual Fund and the Endowment, or even donate the entire amount to the Endowment.
For additional information on the Endowment Fund and ways to participate, please contact Deborah Weirick at (818) 790-7715, or email us.
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