endowment
Endowment Fund
Endowment provides permanent funds that Pressman Academy can rely on year after year, generation to generation. It is vital that Pressman Academy establish long-term financial stability. Endowment funds ensure that the Academy will be able to plan and carry out innovative projects, attract outstanding faculty and staff, and provide tuition assistance without putting additional pressures on operating funds. Contributions made to the endowment are 100% tax deductible.
Named Endowment Funds
Pressman Academy has established named endowment fund opportunities that target specific areas in each of its three schools for donors who have an interest in making a major contribution to the long-term stability of Pressman Academy. Named endowment opportunities begin at $25,000.
General Endowment Fund
Pressman Academy has also established a general unrestricted endowment for all families in its Day School and Early Childhood Center. Each Day School family will pay a $200 annual general endowment contribution and each Early Childhood Center family will pay a $100 annual general endowment contribution. The general endowment fund enables all Pressman Academy families to share in the effort to ensure that the Academy will remain a school of excellence into the next generation.
For more information about Field of Interest Endowment Funds, Lesley Bloom, Coordinator of Resource Development, at lbloom@tbala.org or by phone at 310-652-7354 x 227.