CPA Report on Giving 2016-17 CPA Report on Giving 2016-17 | Page 10

2016-17 ENDOWMENT
BUILDING OUR ENDOWMENT
TODAY SUSTAINS THE
MISSION OF THE ACADEMY
FOR TOMORROW
E ND OWME NT FUND
$1,040,251
ANYONE C AN GIVE
HOW TO GIVE TO THE ENDOWMENT
. Make a gift to the general endowment, or one of our named funds
. Two named funds within the CPA Endowment are:
GUTHRIE FUND
Description: CPA enjoys an ongoing commitment to cultivating a diverse learning
community that desires to teach covenant children in ways that cultivate each child’s
level of ability and set of strengths. The Learning Services Department works to
maximize the academic growth of CPA students in grades K-12 with diagnosed learning
disabilities and other issues that significantly impact learning.
The endowment, like a savings account or other financial assets, generates income
through strategic investment of the principal. A strong and growing endowment
provides long-term sustainability and affordability. Income generated from endowment
investments assists the general operating budget and supports financial aid, faculty
salaries and benefits, and more, while keeping tuition increases manageable.
INCREASING CHRIST PRESBYTERIAN ACADEMY’S ENDOWMENT
IS A CRITICAL FINANCIAL OBJECTIVE OF THE SCHOOL.
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| C H R I S T P R E S BY T E R I A N A C A D E M Y
Purpose: The fund was established by David and Nancy Guthrie for the purpose of
supplementing the Learning Services Department with any additional needs they may
have to better enable them to meet specific student needs.
JAMES 1:27 SCHOLARSHIP FUND
Description: “Religion that God our Father accepts as pure and faultless is this: to look
after orphans and widows in their distress and to keep oneself from being polluted by
the world.” (James 1:27)
Purpose: The fund was established by an anonymous donor who had a life-changing
experience during his childhood where someone provided for his education when he
was unable to pay. In turn, the donor established the scholarship, to be a blessing to
others by providing an endowed scholarship for Christ Presbyterian Academy.