Capital and Endowment Giving
Capital Giving
Chapin’s wonderful facilities are a result of multiple Capital Campaigns, which helped provide funding for building expansion. The most recent was Limitless Futures, an eight-million-dollar Campaign which resulted in the addition to the Lower School and the renovation and expansion of the Middle School.
The school has ongoing Capital needs to repair and maintain the building and grounds and to make sure all systems are updated and providing the best possible learning environment for students. To learn more about Capital giving, please contact the Development Office at development@chapinschool.org).
Endowment
When an endowment gift is made to Chapin, the contribution is held and invested to produce ongoing income. Often, these gifts are made to create funds that will support a school priority, like financial aid or faculty support, in perpetuity. The School’s endowment is carefully overseen by the Investment Committee of the Board of Trustees. Each year, about 5% of a rolling three-year average is used by the school to support faculty, students, and programs.
Depending on the wishes of the donors and the needs of the school, endowed gifts are earmarked as unrestricted or restricted. Restricted gifts may be used to support financial aid, faculty salaries, professional development, or another area of the donor's interest. They may be named after the donor or in memory or honor of someone of the donor's choosing.
If you are interested in creating an endowment, or supporting an existing fund, please contact the Development Office at development@chapinschool.org.