Since the early roots of Lighthouse, providing a sustainable legacy in the community has been a top priority. Over time, the seeds of an endowment have been created by a core group of families with a desire to see Lighthouse flourish well into the future – and provide a Lighthouse education for those who may not otherwise be able to be blessed by the experience.
An endowment fund is a permanent, self-sustaining source of funding. Endowment gifts are invested conservatively with hopes of growing it to provide meaningful income in the future. This school year, our $360,000 endowment contributed $14,000 towards tuition assistance, which has helped provide grants for 34 students during the 2018-19 school year. Our goal is to have a $2 million endowment in order to fund $80,000 per year in assisting families in need. An endowment is a gift that keeps on giving!
It is through the hearts and resources of many that we will be able to build this for future generations of Navigators. There is no minimum amount for an endowment gift. Growth will be achieved over time by the generosity of many – in all shapes and sizes.
Estate gifts, or those provided through securities are also wonderful opportunities for both the school and the donor. For more information, please contact Kristin Baur, Director of Development at 253-858-5962, ext. 612, or firstname.lastname@example.org.