With gifts to the endowment, Palm Beach Day Academy can support the important work we do today, while strengthening our legacy for tomorrow.
What is the endowment?
Charitable funds that offer a source of stability for institutions.
Critical to the financial health of schools.
Essential to support institutions as they work to offer high-quality, affordable, accessible education.
Not a single fund, but a compilation of funds given by many donors over time, for specific purposes that cannot always be changed after the gift is made.
Palm Beach Day Academy receives returns on their endowment investments each year. Those returns are generally spent at an approximate rate of 5% each year. PBDA's endowment is a permanent source of funding that provides fiscal stability and enables our mission to be met in perpetuity.