Colorado Academy's Endowment Fund plays a critical role in supporting the school now and in the future. The Endowment provides a steady source of income for CA, making it possible for the school to be less reliant on tuition and annual fundraising programs to balance the budget each year. In effect, the Endowment ensures CA’s financial stability and enhances CA's ability to fulfill its mission now, and for many years to come.
As of June 30, 2021, CA’s Endowment stood at $33 million. The policy of the Colorado Academy Board of Trustees and the Endowment Advisory Committee is to use a five percent spending rate calculated on a 12-quarter rolling average of the endowment fund’s market value. Endowment income is used to help cover the school’s annual expenses, either for the general operating budget, including financial aid and faculty enrichment, or for specific programs designated by the donor.
Many of CA’s named endowment funds receive ongoing support from our community. If you are interested in investing in CA’s future by establishing a new endowment fund, we would be delighted to speak with you. Gifts to the CA Endowment may be made in the form of cash, appreciated securities, gifts of real estate, and structured planned giving instruments.