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Endowments

St. Thomas School has three primary sources of revenue: tuition, contributions, and investment income. Contributions, or gifts to the School, come in the form of the Annual Fund, Fundraising Event, the Campaign/Partnership Initiative, and endowed giving. Endowed gifts benefit St. Thomas School students for generations!

Gifts to an endowment are restricted for specific purposes. Through careful fiscal management, only the interest earned on these invested funds are available to the School each year, thereby preserving the corpus in perpetuity and ensuring that the donors’ original intentions are honored.

More Information?

If you are interested in learning more about making an endowed gift to St. Thomas School, or to contribute to the following established Endowments, please contact the Development Office or call 425.454.5880.

The following is a list of current endowments:

The Ronald L. Smallman Endowment for Financial Aid

Established in 1992 by the Board of Trustees in recognition of the twenty-two years Mr. Smallman served our school as Headmaster, and to perpetuate his belief that St. Thomas School should be made available to a broad spectrum of children. The income from this endowment is restricted for funding need-based financial aid.

The Faculty Enrichment Endowment

Established in 1994 by an anonymous donor, income from this fund is restricted for use by St. Thomas faculty and staff to fund professional development opportunities, including, but not limited to, educational classes, workshops, conferences, or seminars, and including related staff costs.

The John M. Fluke, Sr., Reading and Science Endowment

Established in 1995 by the Fluke family, income from this fund is restricted for the teaching of science and the teaching of phonetic reading, including related staff costs.

The Humanities Endowment

Established in 1996 by Brad and Julie Duncan, income from this fund is restricted for the teaching of humanities, including, but not limited to, Latin and Greek as a field of study, literature, philosophy, fine arts, music, visual and performing arts, and including related staff costs.

The Library/Media Resource Endowment

Established in 1998, income from this fund is restricted for the library program, including but not limited to library books and other resources, audio-visual/media equipment, automated library management systems, and other library related materials, furnishings, equipment, and including related staff costs.

The Dorothie and Ernest Knoblauch Endowment for the Theatre Arts

Established in 1999 by Dorothie and Ernest Knoblauch, income from this fund is restricted for opportunities in theater arts and speech, including, but not limited to, training and education in theater arts and speech, bringing special teachers to the school, promoting individual performance, and providing scholarships for students and alumni in the theater arts, and including related staff costs.

The Faculty Compensation Endowment

Established in 2003 by an anonymous donor, income from this fund is restricted to achieve and sustain levels of compensation (including salary, benefits, and other incentives as may become desirable) for the faculty, administration, and staff of St. Thomas School that are competitive with the best schools in the nation.

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