Endowment

Bridgton Academy’s endowment supports a number of important initiatives, including student scholarship, faculty professional development, academic programming, and facilities management. Our endowment is an important source of ongoing financial support that strengthens the mission and work of Bridgton Academy. Every year, a portion of Bridgton’s investment returns are used to support the annual costs of operating the school. The majority of Bridgton’s endowments are restricted for particular purposes as established by their donors.

 

If you would like to talk to Bridgton Academy about creating a lasting gift through the creation of your own endowment, please contact Jessica Priola in the Development Office at (207) 647-3322, ext. 1219 or email jpriola@bridgtonacademy.org.

 

What is an Endowed Fund at Bridgton Academy?

Endowment Funds are funds created where the principle value of the gift is invested in perpetuity. A portion of the earnings from the endowment are used on an annual basis to fund the specified purpose of the endowment. When establishing an endowment, donors are able to define criteria for their award. These restricted conditions may be as simple or directed as the donor desires.