Mark Day School's $11.5 million endowment provides for the long-term financial sustainability of the school. Gifts to the endowment are perpetual; the monies received are invested with a portion of the growth and interest each year spent on the designated programs, such as faculty salaries and Indexed Tuition. A strong endowment provides opportunities for program enhancement and moderating tuition increases.
In 2008, we completed the school’s first endowment campaign, the Campaign for Teaching and Learning, and raised $3.2 million in support of our students and teachers.
In 2011, we established The Damon Kerby Fund for Indexed Tuition an endowment which honored Damon Kerby's 24 years as Head of School. The fund now totals more than $1 million and benefits funding for Indexed Tuition.
Endowment gifts may be designated as unrestricted or restricted (Indexed Tuition, faculty salaries, or teachers’ professional development). These gifts create a legacy that influences our future and provides an exceptional education for future generations of Mark Day School students. Gifts to the endowment will help students next year, 20 years from now, and beyond.
If you are interested in making a gift to the endowment, please contact Director of Development Wendy Levine