2018-19 Annual Report | Endowment Gifts

If capital gifts are the support beams of our School, then endowment gifts are the foundation. Endowment gifts create lasting legacies of opportunity for future generations of Soleburians. This year, we added a new scholarship fund to our family of endowment funds with The Zoe Chanler Sharpe Endowed Scholarship Fund. In addition, thanks to the support of many, we grew our support of The Page and Otto Marx, Jr. Foundation Endowed Fund, continuing a 19-year endeavor to provide scholarship support for students of color at Solebury School. 

The Zoe Chanler Sharpe Endowed Scholarship Fund

Established this year, the Sharpe Family thoughtfully chose to support Solebury School and its Theater Tech program by creating The Zoe Chanler Sharpe Endowed Scholarship Fund. The Sharpe Family and the estate of Doris J. Lombardo sought to support independent and strong female students at Solebury School who are learning to find their place in the world, specifically through Theater Tech. This fund provides endowed scholarship support for a female student in 10th, 11th, or 12th grade with demonstrated financial need and a clear interest in Solebury’s Theater Tech program. 

The inaugural prize for The Zoe Chanler Sharpe Endowed Scholarship Fund will be awarded during the 2022-2023 school year, in keeping with the school’s policy of awarding proceeds based on the value of the fund’s previous 12 calendar quarters.

The Page and Otto Marx, Jr. Foundation Endowed Fund

For the past 19 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. 

The Page and Otto Marx, Jr. Foundation Fund is Solebury School’s largest named endowed fund—with a balance of nearly $1.3 million at the end of FY19 —thanks to thoughtful contributions and careful investment. Last year, this fund awarded nearly $33,000 in financial assistance, based on our endowment distribution formula which provides funds for today’s Solebury School while maintaining a healthy fund balance that will allow for financial distributions for generations. 

Lana Whitehead ‘96, has been Solebury’s long standing champion of this endowment. She has generously made it her personal mission to raise funds for the foundation match during the Burger and Beer Bash, held each year during Alumni weekend. Attendees were more than happy to support this critical level of endowment support for all generations of Solebury students—now and in the future. 

Support from the Page and Otto Marx, Jr. Foundation is critical to our diverse Solebury community. Throughout the year we work with alumni, current parents, current grandparents, faculty, staff, and friends of Solebury to fulfill the $33,000 match required for the fund. 

We are humbled by this level of generosity of our endowment fund donors, and we look forward to welcoming 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 2019.

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 (3)
Oppenheimer & Co., Inc.*
Estate of James Hamilton °
The Page and Otto Marx, Jr. Foundation**
Peter Ammirati '82***
Cleve Christie**
Carolyn Coburn-Allen '68**
Noel Crowley '49***
Joseph Cucinotta '89*
Diane and Jonathan '71 Downs P'03 '08 '09**
Sebastian Downs '09 •
Brooke Erinoff '14 °
Fidelity Brokerage Services LLC °
Michaela Finley '14
Ariana Shulman Fort '01 °
Ryan Goldfarb '09 and Olivia Hagerty '10 
David Greene '88
Edwin Hendricks '87 P'11 •
Edwin Holmes '86
Rex '60 and Anne Jackson****
Nikkii Kashub '04 •
Jim Hamilton P'74 '78 '82 GP'10 '14 † *
Daniel Koch '89 °
Elizabeth Lisa Kraus °
Alex Leone '14 °
John Lippman '75*
Estate of Doris J. Lombardo°

Helen Maxwell '86 •
Michael Nigro '84
Joanne Penn '86 and John Penn
Joshua Perlsweig '03 and Natalie Hamill*
Kimble Anne Perry '73 •
Matthew Piccirilli '04 
Matthew Riebenfeld '88
Eli Sadoff '14 °
Senior Class Gift 
Carl and Regina Sharpe P'19
Chanler Sharpe '19 °
Lynn Simpson **
Martin Smith*
Alyssa Snyder '06
David Sterns '89 °
Brian and Julie Sullivan P'22 °
Laina '86 and Bob Tasch P'14 '15•
Morgan Tebinka '10 °
Alexis Davis Thom '09 •
Alaudin Ullah '86 °
Karim Ullah '84 •
Dr. Thomas Unger **
Nancy Van Laan P'84
Faith Allman Viland '56****
Matt Wahrhaftig '89 •
Dick Walsh '52****
Brett Webber, AIA, LEED AP BD+C '85 P'20 *