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Charleston Day School

Charleston Day School

Endowment

How to Grow the Endowment Fund

Third graders reading in Washington Park for their annual Readathon in partnership with the South Carolina Aquarium and MUSC Shawn Jenkins Children’s Hospital.

The Charleston Day School Board of Trustees established a general endowment fund in the 1970’s with a seed gift of $1,200. Today, the fund is valued at $2.8 million. At its current level, the endowment generates approximately 1% of the annual operating budget. While this is a good start, the total endowment of $2.8 million dollars is far below the average $7 million endowment for a school of comparable size. We know that with a stronger endowment and enhanced financial aid offerings, the School will be well positioned to educate generations of Charleston-area children true to the mission of scholarship, integrity, respect and responsibility. In 2014, the School began a strategic fundraising effort to grow the endowment. Gifts of any size can help enhance our endowment.

CDS Endowment, Board Designated and Reserve Funds

General Endowment

Board designated and permanently restricted monies to support the School and its mission over the long term.

Audrey E. Grice Art Memorial Fund

The Audrey E. Grice Art Memorial Fund was established in 2002 by the Grice family in memory of Audrey Grice, an exceptional art student of the class of 2006, whose energetic spirit and love for life were reflected in her work. The Audrey Elizabeth Grice Art Award is given at graduation to a student who exhibits a particular excellence in art.

Julia Mayrant Reese Simonds Memorial Endowment

Established in 1996 by Henry and Nancy Miller in memory of their granddaughter, Julia Simonds, the permanent endowment supports the teaching and learning of the French language and culture at Charleston Day School.

Justine Finch Math Fund

A permanent endowment to support the math program. Established in 2014 by an anonymous donor seeking an opportunity to honor Ms. Justine Finch, a math teacher at CDS for 26 years.

Excellence in Teaching Fund

The Excellence in Teaching Fund was established in 2016 with an initial gift from a family who wanted to recognize and show appreciation for Charleston Day School faculty members who are devoted to the students’ personal development, wellbeing and education. They were grateful for the amazing faculty members and staff who made a tremendous impact on their children. The intention of the Excellence in Teaching Fund is to award one faculty member annually with a monetary award. The candidate must have five years of service at Charleston Day School.

Scholarship Funds

Diversity and Inclusion Scholarship Fund

The Diversity and Inclusion Scholarship Fund was established by an initial pledge gift of $75,000 in April 2016 by an anonymous CDS family, who wanted to enable students from diverse backgrounds to pursue academic excellence and realize their potential at CDS. This fund allows Charleston Day School to provide need-based financial assistance to qualified applicants who fall within the diversity categories outlined by NAIS — age, ethnicity, family make-up, gender identity and expression, learning ability, physical ability, race, religion, sexual orientation and socio-economic status. Scholarships from this fund will be awarded to qualified and highly motivated students, who, along with their families, will be additive members of the overall CDS community.

Dr. Carolyn E. Cochrane Memorial Scholarship Fund

Established in 2007 in memory of Carolyn Cochrane by her son, Matthew Cochrane-Logan.

Barry D. Gumb Jr. Scholarship

The Barry D. Gumb Jr. Scholarship was established in memory of Beau Gumb in 2000. The recipient is a student who is strong in character and integrity, shows empathy and reflects the qualities embodied in Beau — a love of learning and respect for education. Financial need must be demonstrated.

John Winthrop Young Historians Scholarship

Established in 2013, this scholarship was made possible by the generosity of Mr. John Winthrop of Charleston, SC, who feels strongly that the study of history is an essential component in the academic program for all students. The scholarship is given each year to a a rising 8th grade student demonstrating a keen interest in historical studies.

Benjamin Huger Rutledge Moore Fund

Established in 2014 to honor Mr. Benjamin Huger Rutledge Moore, class of 1951. Proceeds from the fund provide financial aid and tuition support to students of Charleston Day School alumni and/or students of current faculty who demonstrate a need through the financial aid application process.

Faculty Scholarship Fund

Established in 2015, an endowed fund for children of current faculty members to provide financial aid and tuition support to students of current Charleston Day School faculty members who demonstrate a need through the financial aid application process.

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