Top schools, such as Westtown, must invest continually to improve their program, faculty, technology, and facilities to meet the evolving elements of educational excellence. Moreover, a strong commitment to having a diverse student body is expensive. Endowed funds are the gifts that keep on giving by providing a strong foundation upon which the finaicial security fo the school rests.
Westtown's total endowment as of June 2016
Annual endowment contribution to the operating budget
People who made a gift to an endowed fund or capital project in the 2015-2016 fiscal year
Average endowment of peer schools, based on benchmark data from the National Association of Independent Schools
While tuition is the single largest source of revenue, it only accounts for 76% of the annual operating budget of $30.6 million. Endowed funds contribute approximately 11.2% to the operating budget every year.
If you have any questions about how to make a gift to an endowed fund, please contact Stephen Broschul, Director of Leadership Giving, at 610.399.7911 or email@example.com