How Giving to the Endowment Works
When you give to an endowed fund, North Cross School invests your gift as part of its overall endowment portfolio. Each year, a portion of the value of your endowed fund is paid out to support the fund's purpose (a scholarship, professional development, etc.). Any remaining earnings are used to build the endowment's value. In this way, an endowment fund can grow and provide support for its designated purpose in perpetuity.
Our dedicated community of alumni, parents, and friends builds a stronger future for North Cross through unrestricted and restricted endowment giving. These prudent investments create a permanent source of funding for ongoing priorities—such as faculty and staff professional development, scholarships, and facilities maintenance—meeting today’s needs while safeguarding tomorrow’s vision. Generous endowment donors can rest assured that every gift leaves an enduring legacy, serving its intended purpose for as long as the School continues to exist.
Our dedicated community of alumni, parents, and friends builds a stronger future for North Cross through unrestricted and restricted endowment giving. These prudent investments create a permanent source of funding for ongoing priorities—such as faculty and staff professional development, scholarships, and facilities maintenance—meeting today’s needs while safeguarding tomorrow’s vision. Generous endowment donors can rest assured that every gift leaves an enduring legacy, serving its intended purpose for as long as the School continues to exist.
Our Investment Philosophy
The investment philosophy of North Cross combines the goal of total return and preservation of capital with prudent risk tolerance in order to achieve investment results consistent with the financial goals and objectives of the school. To provide guidance and direct oversight of North Cross, the Board of Trustees has appointed the Finance and Audit Committees to oversee the investment of the school’s endowment funds. The professionally-managed fund allows North Cross to sustain an annual draw and grow the endowment over time. North Cross’s current spending policy is four percent of the average of the past three trailing years.
North Cross School Endowment Funds
- The Barbara Ann O'Donovan Whitwell Endowment for The North Cross School CrossWalk Program
- Class of 1995 Scholarship in Honor of Armistead Lemon
- Colleen Carroll Hamlin Memorial CrossWalk Scholarship
- Gates DeHart and Margaret Grayson Endowment Fund
- The Douglas C. Horn Endowed Scholarship*
- Global Citizens Student Travel Endowment*
- Gordon C. Willis, Sr. Scholarship Fund
- The H.G. and Katherine Worthy Faculty Advancement Fund
- The James R. Muscaro Scholarship
- The Jeanie McKinley Muscaro Memorial Scholarship Fund
- Marcia Sabel Fink Scholarship Fund
- The McGimsey Family Fund for Learning Opportunities*
- The Nancy and Richard Cook Endowed Scholarship
- North Cross Edgewood Scholarship
- North Cross School Honors Scholarship
- The Parker Family Legacy Endowment for CrossWalk*
- Parnell Professional Development Endowed Fund
- Patrick Carlyle McKinnon and Logan Hayes McKinnon Endowed Scholarship
- Riley Hoff CrossWalk Scholarship
- Robert Pollock Endowed Scholarship
- Roy Spain Scholarship Fund
- The Sarah Boxley Beck Endowment to Support Lower School Athletics
- Smith Toler Fund
- Stewart Butler Baucom Endowment Fund
- Teter Family Endowed Scholarship
- Verdu-Wokutch Family Scholarship
North Cross School's Tax ID number is 54-0699572 and its Tax Exemption Number is SE540699572F02072030.
