Endowment funds are similar to savings accounts which generate income through wise investments of principal. A percentage of the endowment’s income provides cash toward annual operating expenses. A common way for a school to grow an endowment is through a planned gift such as a bequest or a charitable remainder trust. Currently AOS endowment funds are in their infancy.
Donations of any amount are welcome to the general scholarship endowment. Financial aid is awarded confidentially to financially-qualified students. Our scholarship endowment provides critical resources to support our financial aid budget. This is a growing need of the school.
This endowment fund provides capital for the continuing education of the AOS faculty and staff. Income generated from this fund helps pay for teachers to take graduate level courses. Teachers can be reimbursed up to $600 per semester for an approved course.
Established with a gift from the Fondren Foundation, the income from this endowment provides resources to maintain our facilities.