Giving
Endowment & Special Projects
The Masters School story is one of growth, success, and promise. The School has remained true to Eliza Bailey Masters’ desire that her students would be well schooled, ethically sound, and “a power for good in the world.” We continue to build on Miss Masters’ strong foundation of excellence, now some 140 years later. Gifts to endowment help secure the School’s financial security and create a legacy that lives on in perpetuity.
As opposed to annual gifts, which cover yearly operating expenses, endowed funds provide long-term income to assist with all of Masters’ needs. Because only the income from the principal is spent, endowed funds provide resources for Masters in perpetuity. Endowed funds can be established for a specified purpose, or as unrestricted funds to meet the greatest needs of the school.
As opposed to annual gifts, which cover yearly operating expenses, endowed funds provide long-term income to assist with all of Masters’ needs. Because only the income from the principal is spent, endowed funds provide resources for Masters in perpetuity. Endowed funds can be established for a specified purpose, or as unrestricted funds to meet the greatest needs of the school.
Masters Focuses its Endowment Resources in Five Main Areas
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Students
A strong endowment allows Masters to strengthen our student body profile with deliberate and well-funded recruitment strategies. A balanced and diverse student body allows our students to expand their worldview and raise the level of academic, athletic, and artistic achievement across the School.Read More
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Faculty
A strong endowment allows Masters to recruit and retain exceptional faculty. It allows our faculty to innovate in the Harkness teaching environment, develop programming beyond the classroom, and grow as educators. A school’s faculty is the foundation of any institution of learning.Read More
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Programs
A strong endowment allows Masters to develop 21st Century programs and empower our students with complex skills for application in a complex world. It allows the School to enhance leadership qualities and connect our students to global networks through the use of technology and outreach programs.Read More
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Campus
A strong endowment allows Masters to defray the rising costs of energy and improvements to our 96-acre physical plant, thereby reducing reliance on tuition increases. It allows the School to address the additional costs projected to operate and staff the Fonseca Center, Estherwood Mansion, and other buildings.Read More
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Unrestricted Purposes
A strong endowment allows Masters to provide financial support to the institution’s highest and most pressing priorities. Fewer limitations on purpose keep the School nimble and able to respond to unexpected changes in enrollment, the economy, or other global and local factors.Read More
To this day I am still in awe at the person Masters has helped me become. I tackle every day viewing it as a new opportunity to strive and better myself. I am excited to have a more active role in the school community in my new position as sophomore class president, and hope to give back to the school that has given me so much. I express my deepest gratitude, as your gift has allowed me to continue living my dream of being a Masters student.
- S. Hildegard Schultz ’32 Endowed Scholarship Recipient
The Masters School
