THE MULGRAVE MULGRAVE ENDOWMENT THE ENDOWMENT 2024 2019 2007 The Mulgrave Endowment Fund was established through the generosity of 6 Mulgrave families.
With $1.2M and 4 named funds, the initial gifts continue to grow while supporting deserving students.
Our goal is to raise an additional $3M in the coming years to bring our Endowment to $4M, allowing us to expand our financial aid programme.
2044 Through wise investment practices, the Endowment will reach $6M* in the next 25 years, ensuring that even more students will enjoy the benefits of a Mulgrave education.
What is an Endowment Fund? It’s a fund where the original gift... is invested & will grow over time... with only the income (interest) from % the fund spent on causes you love (our school!) ...
that will support our community forever. * Estimated growth rate of 6% for future years and annual distribution of 4%.
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