The Corkins Center is a fantastic facility where students and faculty innovate, collaborate, read, explore, build and problem solve each day. Graland celebrates this huge achievement made possible through the ASCEND campaign, and we now direct our full attention on growing the school’s endowment. The endowment funds increased financial aid for students and high-level professional development, compensation and benefits for faculty.

For those less familiar with the endowment, it’s important to note the distinction between this type of giving and the more familiar annual fund.

An endowment is a fund that is restricted to one or more specific uses in which only interest from the fund can be spent, and not the principal which serves as an anchor for the endowment.  The endowment is intended to last in perpetuity and serves as a financial reserve for both long-term financial security and to position an organization to seize new and dynamic opportunities in the moment. Annual fund gifts, on the contrary, are used 100 percent when they are received, going to immediate use through the school’s current operating budget.

 Graland hopes to raise an additional $1 million in endowed funds by June 30 to successfully close out the ASCEND campaign. Endowed gifts can be designated toward any of the following:

 

All of these endeavors are priorities for Graland as they enrich our campus, our faculty and our students’ experiences. In advance of Ronni McCaffrey’s retirement in June, we do extend a special opportunity to contribute to the on-site subsidized childcare program within the Early Childhood Learning Center (ECLC) and to honor Graland’s imminently departing 12th Head of School. Ronni was instrumental in making it possible for faculty to enjoy and afford having their own young children on campus, thus allowing them to focus more on fully meeting the needs of their students. As she prepares to leave Graland, her hope is for the ECLC subsidized childcare program to be fully funded and sustained for faculty members, current and future. Endowed gifts directed to the ECLC are eligible for the Colorado Child Care Tax Credit which allows donors to leverage their gifts even further, with significant tax benefits. Gifts of $1,000 or more designated for Graland’s ECLC Endowment may be eligible for a 50 percent Colorado state income tax credit.  

If you are interested in making an endowment gift or if you have any questions, please contact Jessica Goski at jgoski@graland.org or 303-336-3705.