Endowment

Investing in the Future

For nearly 50 years, friends of Falmouth Academy have invested in the long-term success of the school by making gifts of endowment. Endowment funds are permanently restricted monies that are carefully invested for the long-term. The approved earnings from a named endowment fund are directed to a donor-designated program or purpose each year.

Falmouth Academy’s endowed funds have been established to support general purposes, financial aid, and faculty development. Named funds within these categories may be established at Falmouth Academy with a minimum gift (or combined gifts) of $100,000 and require approval by the Board of Trustees.

To contribute to an existing fund, or to discuss establishing a new endowment, please contact the Development Office.

Endowed Funds at Falmouth Academy

List of 3 items.

Faculty Development

Proceeds from the faculty development endowment provide support for faculty salaries, benefits, and professional development. Named funds within the faculty development endowment currently include:

• The Faculty Pension Fund
• The Lalise Melillo and Founding Faculty Fund
• The Senior Parent Gift Fund
Financial Aid

The financial aid endowment helps provide support to more than 50% of students attending Falmouth Academy. Named funds within this endowment include:

• The Olivann Hobbie Fund
• The Janet Kearsley Literary Scholarship Fund
• The William Randolph Hearst Endowed Scholarship Fund
• The Hermann Foundation Endowment for Financial Aid
• The Financial Aid Contingency Fund
General

The general endowment fund supports every aspect of Falmouth Academy operations, from educational programs and curricula to facilities maintenance and enhancement, capital purchases and other general expenses.

The Robert and Alison Ament Fund for Science exists within the general endowment and supports Falmouth Academy’s science programs including the annual Science and Engineering Fair, other science-related activities, and the purchase of scientific equipment.