The Beverly Hills Education Foundation has an Endowment Fund, a permanent, self-sustaining fund will help ensure future excellence and innovation in our schools. The income from a carefully invested endowment fund will provide a more stable source of funding to school programs.
The Endowment Fund provides a practical way for families, alumni, businesses and others to make a long-term investment in the quality of our public schools and our children’s futures.
Who can give to the Beverly Hills Education Foundation Endowment Fund and how?
We invite our alumni, friends and neighbors to partner with us in providing an educational experience that will help our students realize their own capacities to the fullest. You are investing in an exciting legacy of discovery, creativity and leadership.
An endowment gift is one where the principal donation is maintained in perpetuity and only a portion of the annual investment return is spent. Surplus earnings are reinvested in the endowment so that over the years, the fund can grow and provide long-term financial security.
Gifts of cash, securities or other property provide the Endowment with immediate financial assistance.
A pledge is a formal statement to make a gift to the Beverly Hills Education Foundation Endowment Fund. Many donors choose to complete their pledge by making regular payments over a period of time. This method allows donors to give more generously than they might have originally considered.
Many corporations encourage employee philanthropy by matching or multiplying their employees’ gifts to the Endowment. Before you make a gift, you may want to ask whether your employer participates in such a program.
Why do we need an Endowment Fund?
The Endowment Fund will allow BHEF to provide a more secure source of long-term funding for enhanced educational programs and activities, while lessening the Foundation’s dependence on annual fundraising.
What is the current status of the Endowment Fund?
The Endowment Fund has grown to approximately $3 million.
How do I know the Endowment money is being invested wisely?
The Endowment Fund is invested across a well-diversified portfolio of investments. the Endowment portfolio has managed to show a healthy gain despite the recession and recent bear market.
Are my donations tax-deductible?
The Beverly Hills Education Foundation is a California non-profit, public benefit, corporation under Section 501(c) (3) of the Internal Revenue Code.
The following are the current endowments generously made to the Beverly Hills Education Foundation:
- The Annabelle and Joe Heiferman Family
- The Bosse Family
- The Corwin Family
- Ester Craig
- Sidney and Dorothy Factor Scholarship for Vocal Music
- The Samuel Goldwyn Foundation
- The Karlan Family
- Carol and Jerry Katzman
- The Eve and George Konheim Family Foundation
- The Nickoll Family
- The Rosenblatt Family
- Janet and Hon. Maxwell Salter
- A. Charles Wilson and Betty S. Wilson