2016-2017 Annual Report | Endowment Gifts

Endowed gifts benefit future generations. These far-sighted philanthropists give back to Solebury for generations to come and revenue from Solebury School’s endowment fund is safeguarded by prudent financial planning which offers financial security and prosperity to support our mission.

For the past 18 years, Solebury School has partnered with the Page and Otto Marx, Jr. Foundation. The Foundation believes in making strong, independent schools available to underrepresented minority populations through tuition support. Currently, The Page and Otto Marx Jr. Foundation Fund is Solebury School’s largest named endowed fund — with a balance of more than $1,000,000 — thanks to thoughtful contributions and careful investment. Last year, the Marx Endowment Fund awarded nearly $24,000 in financial assistance, based on our endowment distribution formula which balances providing funds for today’s Solebury School while maintaining a healthy fund balance that will allow for financial distributions for generations.

Support from the Foundation is intrinsic to our diverse Solebury community. Throughout the year we work with current parents, current grandparents, faculty and staff, and alumni and friends of Solebury to raise the dollars we need to fulfill the $33,000 match required for the fund. Lana Whitehead '96 (shown in the photo above, on left), makes it her mission to raise funds for the foundation match during our Burger and Beer Bash, held each year during Reunion Weekend.

We are humbled by the ongoing generosity of our endowment fund donors and welcome new members to this dedicated group of Solebury supporters. Below is a list of those who helped to build Solebury's many endowed funds during fiscal year 2017.

DESIGNATIONS

° First-year donor
• Five-year donor
*10- to 19-year donor
**20- to 29-year donor
***30- to 39-year donor
****40- to 49-year donor
*****50- to 59-year donor
+ for deceased
H for Holmquist Alumnae
Anonymous (2)
Sarah Dawes Bailin '56 ***
Ed Beemer '74 *
Jenifer MacConnell Dismukes '73 * †
Rebecca Duff '07
Dan Dunning '64 ****
Jillian Fox '06
Kenneth Graham °
Olivia Hagerty '10
James Hands °
Celeste Holm and Wesley Addy Foundation
The Page and Otto Marx, Jr. Foundation *
Polly Gnagy Seymour H'46 ***
Michael Sienkiewicz '56 ****
Lisa Silber '07
Martin Smith *
Kerry Toole '07
Joshua White '06
Lana Whitehead '96 º