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General Naming Opportunities

Endowment
A named endowment offers a unique opportunity to our benefactors to assist Castilleja School in fulfilling the mission of providing a distinct educational environment. Today, with escalating costs, it is increasingly important for Castilleja to establish a comprehensive endowment program that will allow us to offer competitive faculty and staff compensation, provide for continuing program development, and fund tuition assistance for qualified girls regardless of their ability to afford tuition. Benefactors of our school community may establish, in perpetuity, a named endowment in their own name, a family name, or in memory of a loved one.

A fund may be established with a minimum initial gift of $50,000 based on a donor agreement to provide gifts that will eventually build to a minimum of $250,000 principal level over a period not to exceed five years. Earned interest will not be awarded while the fund is growing to the $250,000 level. All accrued interest will be directed to assist in building the principal. Contributions to the fund are the primary responsibility of the donor. If a donor is unable to achieve the minimum named endowment amount within five years, the fund shall be merged into the Castilleja School General Endowment. Distributions will be made in accordance with established school policies governing the General Endowment.

The fund’s principal is established and will not be invaded. Funds will be professionally invested and each year approximately 5% of the market value will be awarded based on the criteria established at the inception of the fund, subject to the approval of the Finance Committee of the Board of Trustees.

·          Fully Endowed Fund:  $500,000 or more 
·          Partially Endowed Fund:  $250,000 or more

Student Programs
Endowment for programming supports Castilleja’s long tradition of academic innovation and excellence as well as other aspects of campus life. A minimum gift of $50,000 will allow the donor to name a faculty enrichment program in their own name, a family name, or in honor of another.

Program Chairs
A gift of $1,000,000 will allow the donor to name the Chair of any of the following open departments in their own name, a family name, or in honor of another. Distribution will support funding of the department chair position.  Following is a list of established Chairs and open naming opportunities.

     Science (funded)
     Math (funded)
     History (funded) 
     English (open)                                
     Fine & Performing Arts (open)
     Modern & Classical Languages (open) 
     Athletics and Physical Fitness (open) 
     Computer Science (open)                    
     Library (open)                                   

Other Program Endowment Funds
Endowment for programs and departments supports general program funding as well as special aspects of campus life, such as guest speakers. A minimum gift of $250,000 will allow the donor to name a program endowment in their own name, a family name, or in honor of another.  Following is a partial listing of established funds and open naming opportunities.

     Arrillaga Speaker Endowment Fund
     Edward E. Ford Foundation Faculty Sabbatical Fund 
     Culley Music Endowment Fund 
     Morris Fellow Award Fund
     Fine and Performing Arts Fund (open) 
     Athletics Fund (open)
     Fitness, Health and Wellness Fund (open)
     Library Fund (open) 
     Technology Fund (open)
     Science Program Fund (open)


Physical Spaces
Gifts for buildings, classrooms, labs, and other physical spaces enables Castilleja to continue to transform the campus and keep facilities modern. A minimum gift of $100,000 will allow the donor to name a classroom in their own name, a family name, or in honor of another.    

     Middle or Upper School:  $3,000,00 
     Administration Building Porch:  $500,000 
     Choral or Dining Room:  $500,000 
     Computer or Science Laboratory:  $200,000 
     Technology Department or Alumnae Offices:  $200,000 
     Classrooms:  $100,000

 




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