Boarding School Scholarships
Exeter Addresses Lower Endowment
In just about any other year, you’d think it would be nuts for a money manager/management team to get congratulated for having an endowment fund lose 22% of its value. 2008 was no run of the mill year for market and endowment declines. Phillips Exeter Academy‘s endowment managers held loses to 22% beating the S&P [...]
Read MoreThe Value of Living Within One’s Means: Experience Provides Advantages for Tuition Driven Schools in Tight Times
An odd thing during these times of declining endowment income- several New England colleges are doing OK. In a Boston Globe piece several smaller tuition driven schools report that the relationship with their students and school growth haven’t yet changed much. They’re used to offering good value and opportunities- funded predominately with tuition dollars. Smaller [...]
Read MoreBrewster Academy Receives Largest Donation in History of the School
Michael Cooper, Brewster Academy‘s Head of School, sent the extended Brewster community (I’m a 1991 grad) a letter yesterday detailing a Lakes Region land gift valued at $6.3 million. The gift, made by former Fidelity Investments President James C. Curvey and his family, consists of over 11 acres of lakefront property. The Curvey family intends [...]
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