The VES Endowment & Trust
The VES Endowment & Trust is a permanent, self-sustaining funding source that pays out a conservative spending distribution of 4.5% of its underlying market value every academic year.
This calculation uses a trailing three-year moving average of annual market values. VES uses this trailing method to smooth large year-over-year changes, allowing the school to reasonably predict future spending distributions from the endowment.
The VES Endowment & Trust consists of four trusts and over 100 individual funds with a market value of
$42.2 million as of June 30, 2022. These funds, which have doubled in market value over the past few
years, will generate $1,353,459 in spending distribution for the 2022-23 academic session, 9% of VES’ operating budget.
Supporting the Endowment
Nearly every area of the VES experience can be endowed. VES seeks to engage with donors who wish
to fully fund an endowment over time through their annual giving and estate plans.
While many of the school’s funds are grandfathered in at lower levels, donors may establish new named funds by demonstrating a $500,000 lifetime commitment to a fund, inclusive of annual giving, multi-year pledges, and documented planned gifts.
Donors also may choose to give at any level to existing endowment funds that match their interests.