Many donors choose to establish or contribute to an endowed fund, creating a lasting legacy. The income from the endowment provides ongoing support to the donor’s chosen priority.
Endowment can become the financial bedrock to provide stability and flexibility in advancing the educational programs and activities of the Red Lion Area School District. The Red Lion Area Educational Foundation invests endowed funds and uses a portion of the income for the purpose the donor specifies, while the remainder is reinvested in the fund.
Endowed funds can be unrestricted, providing a source of “foundation capital,” or designated for a wide range of purposes, including scholarships, technology, student assistance programs, and other educational related initiatives.
Endowments may be named for the donor and/or someone a donor wishes to honor or memorialize.