The Flintridge Prep Endowment Fund is the school's financial backbone–a perpetual savings account that produces stable and reliable income that allows us to plan better for both current students and generations to come.
Gifts to Flintridge Preparatory School endowment provide a meaningful way for you to leave a permanent legacy at the school. While the Annual Fund helps to support the school’s current needs, endowment gifts are gifts that sustain programs long into the future.
The Flintridge Prep Endowment consists of numerous named funds established over the years to honor family and friends. A minimum gift of $50,000 is required to start a named endowment fund at the school.
Endowment Funds
Endowment Funds
Andani Teaching Chair
Established in 2006, the Andani Teaching Chair is awarded for a two-year term to a faculty member who exhibits distinguished teaching and campus-wide contributions.
Bachmann Fund
Established in 1993 by the S. Albert and Peter H. Bachmann families to support faculty summer study. Peter Bachmann joined the faculty in 1980 and served as head of school from 1991 to 2020.
Baribault Faculty Fund
Established in 1994 by Susan and William Baribault, parents of Paul Baribault ’92 and Maryann Baribault Zeira ’96, this faculty development fund honors the dedicated teachers at Prep.
JP Blecksmith Memorial Scholarship Fund
Established in 2004 by the Blecksmith family in memory of 2nd Lieutenant James Patrick Blecksmith ’99, who died while serving in Iraq, to provide tuition assistance for deserving students, support leadership opportunities for selected students of promise and fund the JP Blecksmith Annual Award to a rising senior who embodies JP’s qualities of leadership, scholarship, athletic commitment and public service.
Brisbois Family Endowment Fund
Established in 1994 by Brenda and Roy Brisbois, parents of Matthew Brisbois ’95, Andrew Brisbois ’98 and Kristin Brisbois ’11 to support communication skills and enrichment programs for both students and faculty in the field of public speaking and debate.
Brown Family Scholarship Fund
Established in 2012 by Michael and Martha Brown, parents of Brendan Brown ’06, Matthew Brown ’07 and Morgan Brown ’10 to support tuition assistance for deserving students.
Cannell Family Teaching Chair
Established in 1999 by the Cannell family, whose Flintridge Prep graduates include Stephen J. Cannell ’60, Tawnia Cannell McKiernan ’87, Cody Cannell ’02 and Brenden McKiernan ’14 to recognize faculty excellence in the classroom.
Carroll Family Athletic Endowment Fund
Established in 1997 by Lettice and Jeff Carroll, parents of Wesley Carroll ’99, Julie Carroll Jones ’01 and Blake Carroll ’01, to support athletic programs.
Chraghchian/Markari Endowment Fund
Established in 2019 by Patrick Chraghchian and Marlene Markari parents of Stefen Chraghchian ’14, Alexis Markari ’26 and Audrey Markari ’26 to support the general needs of the school.
Class of 1994 Endowment Fund
Established by the Class of 1994, spending from this fund is divided in half each year to support the school’s academic departments and campus landscaping.
Class of 2014 Endowment Fund
Established by the Class of 2014 to provide an annual award of $600 or 5% of the endowment, whichever is greater, to a teacher who exemplifies outstanding scholarship and instruction in the classroom.
Christopher Cobb Memorial Fund
Established in 1992 by Doreen Cobb and her family as a memorial to Christopher Cobb, father of Rob Cobb ’96, to provide tuition assistance for deserving students.
Crawford Family/Alex Rivera Endowment for Athletic Initiatives Fund
Established in 2014 by Orsi and Jeffrey Crawford ’86, parents of Jack Crawford ’20 and CJ Crawford ’24, in honor of former Prep Athletic Director Alex Rivera, to support Prep’s athletic programs. A portion will go to support the Athletic Council on Leadership initiatives.
Keri and Andrew Crowell Family Endowment Fund for Dance and the Arts
Established in 2016 by Keri and Andrew Crowell, parents of Christine Crowell ’18, to support the ongoing needs of the dance program and dance company at Flintridge Prep. The funds may be used to support field trips, master classes, the purchase of performance attire, equipment and other program needs.
Detoy Prize for Excellence
Established in 1994 by Virginia and Charles J. Detoy ’42, parents of Richard Detoy ’72 and William Detoy ’74 and grandparents of Michael Detoy ’04, in memory of Charles and Henrietta Detoy, to recognize excellence.
Annette M. and Paul K. Doyle Distinguished Speakers Fund
Established in 1994 by the William K. Doyle family to honor the grandparents of Kenneth White ’87, Joanne Doyle Pauley ’91 and William Doyle, Jr. ’98, to support distinguished persons who appear on campus for the purpose of addressing students on topical issues.
Frances B. Estes Scholarship Fund
Established in 1995 by the administration and the Board of Trustees in honor of longtime Director of Admissions Fran Estes to provide tuition assistance for deserving students.
Fasken Endowment Fund
Inaugurated in 1950 by Joseph Fasken and the Class of 1949 to provide scholarships for deserving students. Mr. Fasken taught history at Prep from 1942 to 1968.
Edward E. Ford Faculty Endowment Fund
Established in 1994 through a challenge grant from the Edward E. Ford Foundation and the Prep community to support faculty summer study.
Thomas Fry Endowment Fund
Established in 2010 in memory of longtime history teacher and football coach Tom Fry, a portion of the fund annually supports enhancements in the weight room and a $500 prize for a senior at graduation who embodies Tom’s enthusiasm for athletics, generosity of spirit, and love of life.
Gamboa Family Endowment
Established in 2019 by Yasmin and Juan Gamboa, parents of Matthew Gamboa ’21 and Michael Gamboa ’23 to support the general needs of Flintridge Preparatory School. Funds are used at the discretion of the school.
General Endowment Fund
Initiated by the administration to provide ongoing funds for the continuing betterment of the school.
Gibbs International Education Opportunities Fund
Established in 1994 by Priscilla and Nelson F. Gibbs, Nelson Gibbs ’83, Jennifer Gibbs Bauer ’86 and Claire Gibbs ’87, to support international educational opportunities for Flintridge Prep students.
Global Studies Endowment
Established in 2022 with the net proceeds from the 2022 Flintridge Prep Benefit, this endowment supports the school’s global studies curriculum and fosters an inclusive and ethical world view by providing need-based scholarships for Flintridge Prep trips, lectures, faculty research and program funding.
Doug ’40 and Bill ’69 Goodan Endowment Fund
Established in 2011 by Eunice Goodan in memory of her husband Doug Goodan ’40 and in honor of their son Bill Goodan ’69, to be used at the discretion of the Board of Trustees.
L. Boyd Higgins and Jean M. Higgins Endowed Scholarship Fund
Established in 2013 through an estate gift from L. Boyd and Jean M. Higgins, parents of Judson Higgins ’76 and Paul Higgins ’78, to support scholarships for deserving students.
Victoria Sung and Frank Hu Family Scholarship
Established in 2016 by Victoria Sung and Frank Hu, parents of Emilie Hu ’17 and Jordan Hu ’17, to annually provide tuition assistance for deserving students.
Alex Jacobs 2008 Memorial Endowment for Music
Established in 2020 by the Paul G. Jacobs family in memory of Alex Jacobs ’08 to support the music program as well as to support students in need of financial assistance to purchase or tune musical instruments and equipment.
The David and Rebekah Johnson Family Endowment
Established in 2013 by David and Rebekah Johnson, parents of Scott Johnson ’16 and Chris Johnson ’19, to support faculty growth and development opportunities.
Kumar Family Fund
Established in 1996 by Dr. Nirmal and Sneh Kumar, parents of Sameer Kumar ’00, in honor of Dr. Kumar’s parents, to support science programs.
Katherine and David S.K. Lee Family Endowment for Student Leadership
Established in 2014 by David S.K. and Katherine Lee, parents of Rachel Lee ’14 and Ryan Lee ’18, to support senior leadership programs, including retreats and peer counseling.
Leslie Family Endowed Scholarship
Established in 2012 by Kris and Reid Leslie, parents of Ryan Leslie ’11, Michael Leslie ’13, and Robbie Leslie ’16, to provide tuition assistance to deserving students with preference given to scholar-athletes who exemplify Flintridge Prep’s commitment to a balanced educational experience.
Martinet-Hostovich Endowed Scholarship
Established in 2014 by Teena Hostovich and Doug Martinet, parents of Michael Martinet ’14, to provide tuition assistance to deserving students.
Mazin Family Endowment Fund
Established in 2015 by Melissa and Craig Mazin, parents of Jack Mazin ’19, to support the school’s performing and dramatic arts programs. The funds are used at the discretion of the theater and performing arts departments to assist with various production needs.
Ouyang Scholarship Endowment Fund
Established in 2002 by Debbie and Paul Ouyang, parents of Jennifer Ouyang ’06 and Olivia Ouyang ’10, to support tuition assistance for deserving students.
Parents Teaching Chair
Established in 2001 through the diligent fundraising efforts of parent volunteers, this endowed teaching chair recognizes distinguished faculty who uniquely enrich the lives of students.
John Plumb ’64 Endowment Fund
Established in 1990 by the Alumni Association in honor of John Plumb ’64, who served as a teacher, coach, and administrator from 1968 to 1990, the fund supports faculty enrichment.
Randall Fund for Faculty Growth
Established in 1995 by Eleanor and James Randall, parents of Starlite Randall ’95, Matthew Beckley ’97, Benjamin Randall ’07, and Jordan Randall ’08, to offer enrichment opportunities to Flintridge Prep faculty.
Rose Endowment Fund
Established in 1976 as a tribute to Joseph Rose, who taught French, Spanish, and English from 1936 to 1970 and served two terms as headmaster, to provide tuition assistance to deserving students.
Smith Endowment Fund
Established in 1983 by an anonymous alumnus in honor of Leroy Smith, former interim head of school and Prep English teacher from 1943 to 1967, to support special projects.
Stein Family Endowment Fund for Human Development
Established in 1995 by the Eugene Stein family to support human development programs.
Stevens Family Endowment
Established in 2016 by Monique and Paul Stevens, parents of Connor Stevens ’18 and Evan Stevens ’20, to support Flintridge Prep’s ongoing needs and programs. Funds are used at the discretion of the school.
Elizabeth Allen Stuart Memorial Fund
Established in 1996 by Joyce and Barry Swayne, parents of Steven Swayne ’88 and David Swayne ’90, in honor of Elizabeth Allen Stuart, to support the school’s Club for Christ.
Scott Studenmund ’08 Memorial Fund
Established in 2014 by Jaynie, Woody and Connell ’12 Studenmund and with the support of numerous donors in memory of Green Beret Army SSG Scott Studenmund ’08, who died while serving in Afghanistan. The fund supports an annual award for an outstanding coach who exhibits a devotion to athletic excellence, student development and a commitment to public service. The fund also enhances athletics facilities and playing fields.
Student Investment Fund
Established in 1997 with gifts from Paula and Jeff Miller, Jeri and Tom Mitchell and Karen and Larry Tashjian as a student investment fund to enable students in their senior year to take a class in which they learn portfolio management, investment strategies, salesmanship and teamwork.
Sun Family Endowment Fund
Established in 2021, by Shanshan Sun, mother of Maggie Lee ’24, the fund supports the general educational needs of the school.
Tsao Family Endowment for Chinese Studies
Established in 2019 by Carol Chen and Harry Tsao, parents of Kate Tsao ’21, William Tsao ’21 and Kelly Tsao ’24, to support a faculty member engaged in the instruction of Chinese Studies, which may include Chinese languages, Chinese history and/or culture, both on campus and off-campus.
Trustee Teaching Chair
Established in 1997 by Prep’s Board of Trustees to recognize a career teacher who devotes him or herself full-time to the classroom.
Verbinski Family Endowment Fund
Established in 2015 by Clayton and Gore Verbinski, parents of Anton Verbinski ’14 and Ivan Verbinski ’17, to support expenses associated with student presentations, including senior capstone presentations and Independent Study projects.
Matthew Wells ’88 Memorial Fund
Established in 2002 through memorial gifts from the school community saddened by the untimely death of Matthew Wells ’88, who served as Commissioner General during his senior year, to support student government.
Zhang-Liu Family Endowment for Global Awareness
Established in 2016 by Karen Zhang and Yuquan Liu, parents of Melody Liu ’20, and augmented in 2021 by family members CaiHong Lin and DongHai Zhang, parents of Fiona Zhang ’25 and aunt and uncle of Alice Su ’19, to support curriculum that encourages students to lead full and responsible lives as global citizens. The fund fosters an ethical and inclusive world view by providing resources for student and faculty research, travel and field trips, as well as funding for speakers and special programs. This fund is currently being used to support a faculty member in the instruction of Chinese Studies.
Scholarship Funds
General Scholarship Fund
Created to provide ongoing financial aid for students in need.
Notley Scholarships
Since 1995, annual scholarship grants have generously been provided by the Notley Foundation to students based on financial need and academic qualifications.
Doris Walton Scholarship
Established in 2006 to honor Doris Walton, whose administration career at Flintridge Prep spanned five decades and touched the lives of thousands of students, hundreds of faculty members and every headmaster of the school. The Doris Walton Scholarship supports the school’s financial aid program.
Special Funds
Class of 1992 Fine Arts Fund
Special talent and interest in the fine arts curriculum led this class to begin a fund for the benefit of Prep’s fine arts program.
Grinnell Memorial Fund
Established in 1986 in memory of Dan Grinnell ’87 to support the performing arts program.
Library and Learning Center Fund
This fund supports the ongoing maintenance and acquisition of library books, equipment, technology and materials.
Neupauer Memorial Fund
Established in 1983 in memory of John Neupauer, who taught biology and Latin from 1956 to 1982 with selfless dedication to Prep, to support science programs.
Wood Memorial Fund
Established in 1984 in memory of Coach Jim Wood, the backbone of Flintridge Prep’s athletic department for three decades (1945 to 1978), to support athletics.
FAQs
- What is an endowment fund?
- How do they work? How are endowment funds managed and spent by the school?
- How does an endowment fund provide continuous support forever?
- What types of endowment funds exist at Flintridge Prep?
- Where does the school need my support the most?
- Can I start an endowment fund?
What is an endowment fund?
Endowment gifts are not fully expendable; rather, they are invested in perpetuity to provide ongoing support for the school’s programs.
Endowments can be funded to support scholarships, academic and extracurricular programming that are at the heart of Flintridge Prep’s mission. These funds ensure that the school is strong today and for generations to come.
How do they work? How are endowment funds managed and spent by the school?
For investment purposes, Prep’s endowment funds are pooled together and professionally managed. When an endowed fund is established, the original principal of the fund is invested and a portion of the earnings is allocated each year for expenditure. The current spending policy approved by the Board of Trustees enables up to 4.5% of an endowment fund’s fair market value (averaged over three years) to be spent in a given year. In order to keep pace with inflation, annual spending from an endowment fund is generally designed to be less than the overall growth of the fund. This spending policy enables an endowment fund to consistently support its intended purpose at a meaningful level.
How does an endowment fund provide continuous support forever?
The best way to answer this question is with an illustration. Assume a $100,000 endowed scholarship fund has an 8% annual rate of return. Per Flintridge Prep’s spending policy, up to $4,500 (4.5%) of the earnings will be available for financial assistance scholarships the following year. The remaining 3.5% will be reinvested back into the fund, enabling it to grow over time. As the endowment fund grows, the income available from the endowment will also grow; as a result, the income available for financial assistance scholarships will increase. For instance, if the value of the endowment increases to $110,000, the amount available for scholarships will increase to $4,950.
What types of endowment funds exist at Flintridge Prep?
Flintridge Prep has over 40 endowment funds. The market value of our endowment exceeds $22 million. These funds support programs that are essential to the school’s mission, including:
- Financial assistance scholarships
- Technology infrastructure
- Athletics programs and facilities
- Faculty and staff development
- Curriculum
- Student programs
Where does the school need my support the most?
Tuition doesn’t cover the entire cost of an education at Flintridge Prep. Annual Fund donations make up the crucial difference. Endowment gifts ensure the school’s mission forever. Both of these types of giving are important to the school’s well-being. We’re grateful you give to the school and we appreciate gifts to the Annual Fund as much as we appreciate gifts to our endowment.
Can I start an endowment fund?
You may choose to establish a new endowment fund in your family’s name or in honor of a significant individual. The minimum gift levels to establish a new endowment fund begin at $50,000 and are available upon request. You also might consider supporting an endowment fund through a bequest. To establish a named endowment fund reflective of your personal wishes and interests, please call or email Lakshmi Dastur-Johnson, Director of Advancement at 818.949.5524.
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Endowment Giving
Flintridge Prep's endowment fund helps the school grow stronger, sustain excellence and allow it to thrive over the long term. Endowment income supports financial aid and faculty compensation.