Collegiate
is fortunate to have a number of endowment funds
which provide benefits to both students and faculty.
The amount available each year is determined by the
Board Spending Policy which is designed to provide yearly
income while protecting long-term growth. An endowment
is a critical ingredient in maintaining Collegiate's
enviable financial stability. Individuals wishing to
make additional gifts in support of endowment should
contact the Development Office at 502.479.0345.
Unrestricted Endowment
Income from unrestricted endowment
is available for general purposes. Yearly amounts are
determined by the Board Spending Policy.
The Mary and Barry Bingham Sr. Scholarship Endowment
Income from this fund provides financial
aid for Middle and Upper School students. Bingham Scholars
receive awards based on need.
The Katherine McCracken Davis Fund
This award, in memory of Katherine
McCracken Davis '37, former President of the Alumni
Board and Board of Directors, recognizes excellence
in teaching. Established by her children, the fund seeks
to identify and honor teachers at any level and in any
subject area who exemplify a commitment to teaching
and learning, to children, and to their own continuing
education.
The 50th Reunion Scholarship Fund
Created through the generosity of the
Class of 1948 to honor their 50th reunion, proceeds
from this fund are used to support students in any grade.
The class of 1948 encourages succeeding 50th reunion
classes to help grow the fund by giving generously and
adding their class gift to the fund.
The Edward E. Ford Scholarship Fund
A challenge grant of $25,000 was matched
by a small number of financial institutions and private
donors to create the Edward E. Ford Scholarship Fund.
Restricted to supporting Upper School students, proceeds
from this fund are used to support students who otherwise
would be unable to attend Collegiate.
The Edward E. Ford Faculty Development Fund
This fund was started with a $35,000
challenge grant made by the E. E. Ford Foundation in
1991 and matched by a small number of Collegiate Board
members. Income provides support for faculty professional
development activities.
The Edward E. Ford Upper School Development Fund
Matching a generous challenge grant
of $50,000 led to the establishment of this fund. Income
is used to support Upper School faculty recruitment
with an emphasis on broadening diversity among faculty,
and for faculty professional development activities.
The Library Media Center Endowment Fund
The profit from the 1991 Collecting
Antiques Show and Sale was used to establish this fund.
Income is used to provide books and other resources
for the library.
The Helen Kent Longley Endowment Fund
This fund was established with proceeds
from the first five years of the Collecting Antiques
Show and Sale, as well as private gifts. Income is used
for the Helen Kent Longley Chair for Distinguished Teaching
and for the Helen Kent Longley Fund For Program Development.
The Nancy Batson Nisbet Rash Fund for Faculty Excellence
Through the generosity of her father,
General Dillman A. Rash, and that of other donors, a
fund was established to honor the memory of Nancy Batson
Nisbet Rash '58 and her commitment to teaching. The
fund provides a grant each year to one teacher to pursue
an outstanding professional development opportunity.
It serves to support excellence in teaching at Collegiate
and benefits not only the teacher but also students.
The Project to Build Endowment
In 1996, Mary Collis Hancock '47 assembled
a small group of like minded alumnae to discuss the
state of Collegiate's Endowment. All shared Mary's view
that the financial future of Louisville Collegiate School
could best be assured by growing the school's endowment
fund. Since that time, Mary has prepared a yearly solicitation
packet which is sent to a number of Collegiate Alumnae.
To date, this effort has produced a fund with a current
market value of $119,026.
The Rounsavall Fund for Excellence in Teaching
This fund was established as part of
the Campaign for Collegiate through the generosity of
Mr. and Mrs. Robert W. Rounsavall Jr. Income from this
fund provides exceptional professional development opportunities
for Collegiate faculty.
The DeWitt Wallace - Readers Digest Fund, Inc.
Income from this fund provides financial
aid for Collegiate students. Terms of the grant call
for families of low and moderate income to be the beneficiaries.
The Mona-Tate and Armin Willig Fund For Teaching Excellence
in the Area of Natural Sciences
Created through the generosity of Mr.
and Mrs. Armin Willig and their children Mona-Tate Willig
Powell and Caldwell R. Willig, this fund has been established
as part of the school's permanent endowment to support
educational development in the sciences. Teachers may
apply for funds to be used to pursue a challenging opportunity
for professional development, to work alone or with
others to develop new curriculum or teaching methodology,
or to develop new ways of using technology in support
of teaching and learning.
Jane D. Comstock Scholarship Fund
Established by bequest from the estate
of Jane D. Comstock '27 and named in her memory, this
fund provides scholarship assistance for students JK-12.
Students must qualify for aid as determined by standards,
practices, and procedures as applied by the Collegiate
Financial Aid Committee.
Student Activity Fund
Established by an anonymous grant,
the purpose of this fund is to provide assistance to
students whose financial circumstances preclude their
participation in co-curricular enrichment programs.
Specifically, income from the fund will be used to underwrite
tuition for summer study, educational travel, and other
camps and activities routinely attended by Collegiate
students.
Collegiate Endowment for Scholarships
Collegiate established this fund in
2007. The endowment will be funded by the proceeds from
the Collecting Live Auction item for Scholarships as
well as other funds raised or donated for this purpose,
and will be the depository for additional contributions
over the years for this purpose.
The Louis McGalliard Smith Middle School Writing Award
This endowment was established through
the generosity of the family of former Collegiate teacher
Louis McGalliard Smith in her honor. The purpose of
this endowment is to provide for an annual award in
recognition of the accomplishments of a Middle School
student who exemplifies the standard of excellence as
determined by the faculty and administration of the
school, with emphasis on creative writing.
The Endowment for Minority Financial Aid
Established by a component of the 2001–2002
Annual Giving Campaign this endowment provides financial
aid for qualifying minority students.
The Castleman Endowment for Financial Aid
Barbara Castleman, an alumnus of the
class of 1946, a former member of Collegiate’s
Board of Trustees, Director Emerita of the Board, a
former Collegiate parent, a Collegiate grandparent,
and a long-time Collegiate neighbor, established this
endowment to enhance Collegiate’s financial aid
program.
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