Alumni, parents, and friends of Cate School who wish to give above and beyond their annual Cate Fund contribution are encouraged to consider a gift to the endowment or a capital project. These gifts are often paid over time and help sustain Cate well into the future.
A contribution to an endowment fund becomes a permanent source of operating income and is a long-term investment in Cate School. The Board of Trustees has authorized the School to use 4.5% of the 20-quarter moving average of the endowment to support current operations and an additional 0.5% to fund construction expenses. Our endowment currently provides more than $4 million to the annual operating budget. Earnings from gifts to the endowment will be used for specific programs according to donor requests.
They are designated for specific building projects such as the Dining Commons and Student Center, dormitories, classrooms, and athletic facilities.
Such contributions are more than just a sign of support; they are an investment in the School and all that it represents. In recognition and appreciation for major gifts and capital projects, donors may be recognized with naming opportunities on campus.