Endowments Are Forever

An Endowment is the means by which the donor can leave a legacy that will enrich the lives of future generations of students at Pine Forge Academy . It is a permanent fund of support for the purpose you specify in a legally binding document. The principal of your gift is invested and grows over time. The Foundation makes distributions from the Endowment earnings during the year to support the purpose specified. With the creation of an Endowment, you have the chance to build a strong foundation for Pine Forge Academy , now and in the future. Depending on your interest, your Endowment, which provides funds in perpetuity, can be focused or wide-ranging.

Endowed funds managed by the Pine Forge Academy Foundation will be maintained in accordance with the Uniform Management of Institutional Funds Act and applicable IRS tax laws.

An endowed scholarship fund can be established with a minimum of $250.00. However, the total fund amount must reach $10,000 within 10 years. The contributions to an endowment are placed in the Foundation's investment portfolio and managed carefully by selected and monitored fund managers. An initial set up fee of $25.00 and an annual maintenance fee of $25.00 is charged to the benefactor. The designated endowed funds will be activated based on the benefactor's wishes.

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