ENDOWMENT Gifts to Oak Knoll’s endowment are important expressions of support for the School’s future. When contributing to an endowment fund, a donor’s intent is that the principal from the gift be used to generate earnings for the School in perpetuity. Income from endowment funds may be used to support the general operations of the School or a specific area of interest to the donor, such as scholarship aid or faculty professional development. We gratefully acknowledge donations made to these funds during the 2020-2021 academic year. Names of this year’s donors are listed beneath each fund description unless otherwise noted. ACORN SCHOLARSHIP ENDOWMENT
THE SUSAN BACHER SCHOLARSHIP FUND
Est. 1997
Est. 2007
Income generated from this fund supports Oak Knoll’s need-based scholarship program for Lower and Upper School students.
JOANN LUCEY AINSWORTH ’64 SCHOLARSHIP FUND Est. 2013
Established by generous members of the Oak Knoll Community, the Joanne Ainsworth Scholarship Fund supports, annually, one or more Lower School families with a financial award to be used toward payment of tuition. The intention behind the fund is to alleviate the financial strain of a private education on families who are committed to Catholic education for their children, but who struggle to meet the Lower School tuition requirements. The award is given on a year-to-year basis, and support for the chosen family or families may or may not extend beyond a single year. Decisions are made at the discretion of Oak Knoll school leadership with special consideration for families with more than one child attending the Lower School. Joseph and Mary Ellen Weinhoffer
ATHLETIC FIELDS Est. 1997
Current and future gifts to the Athletic Fields campaign will enable Oak Knoll to provide ongoing maintenance to the Chatham property and its facilities.
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The family of Susan Bacher, class of 1978, has established this fund in her memory. Susan died of cancer at age 25, and this fund is designed to perpetuate her name by awarding annual scholarship assistance to a commendable student in need. Fred and Claudine Bacher
BEATRIZ BLOOM FUND Est. 1997
Established to honor the memory of Senora Beatriz Bloom, Spanish teacher at Oak Knoll from 1991 until her death in 1997, this fund’s income supports foreign language programs.
JOAN BEALE BRENNAN SCHOLARSHIP FUND Est. 1990
Established by Alvin V. and Sally Shoemaker in honor of Joan Beale Brennan, former Oak Knoll Guidance Counselor, and in memory of Joan’s mother, Isabelle Beale, the yearly income from this fund provides a partial tuition for middleincome students who otherwise would not quality for financial aid.
THE CAMBRIA FAMILY SCHOLARSHIP Est. 2020
See page 41 for information on this newly established scholarship fund. The Cambria family: John, Luci, Jeannie and Catie
ENDOWMENT 2020-21
