An endowment helps to secure an institution's long-term financial stability. Endowment funds are invested in perpetuity with the interest earned providing an institution with annual income for on-going support. Many independent schools like Rabun Gap maintain an endowment. Rabun Gap-Nacoochee School's Endowment Fund provides long-term financial security to ensure Rabun Gap is well positioned to serve generations to come. Income from the investment of Rabun Gap's endowment, together with fundraising initiatives, help bridge the gap between tuition and the actual cost of educating a student. Gifts to the Rabun Gap endowment help to maintain our school's mission of educating young people for lives of purpose and service, by providing an annual income for financial aid, teacher salaries, and campus facilities. Contributions to the Endowment serve Rabun Gap students of today and secure this amazing educational opportunity for others in the future.
The purposes to which these funds are dedicated vary, from providing support for specific academic programs and special lectures to ongoing and vital budgetary needs of the School. These include faculty and staff salaries and benefits, the financial aid program, professional development opportunities, as well as technology and equipment.
Endowment gifts can be made for general purposes or to establish an individually named and designated permanent fund. Some of the School's endowment fund's include: