WESTERLY EDUCATION ENDOWMENT FUND
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What is an Endowment?

Endowment funds are gifts from donors where the principal is not expended but rather invested for income-producing purposes. Investment results determine the portion of income that is available to be disbursed, thus, as an endowment grows, so do annual available monies. The term endowment is used to describe funds set aside for the long-term that will provide a permanent source of income. Therefore, when making donations to an endowment, you are making gifts toward the future which will have an impact on many generations to  come. 

How do teachers receive money?

Each year teachers and other community members working with Westerly Public School students are given the opportunity to submit grant requests to the Endowment. The Endowment Board’s Grant Committee then selects the grants it feels will have the greatest impact and sustainability potential for students. 

How much has the Endowment given away?

To date, the Endowment has provided over $300,000 to benefit the students of Westerly Public Schools.  Additionally, we have over $600,000 in investments.  Our goal is to grow these investments and significantly increase the amount of funding which can be disbursed to grant recipients each year. 
 


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WEEF IS A CERTIFIED 501(c)(3) NON-PROFIT ORGANIZATION. Annual Appeal donations are 100% TAX DEDUCTIBLE. 100% of your Annual Appeal donation will be invested in our endowment and yearly earnings will be used for grants. All donations will go to the General Fund unless one of the following Directed Funds is designated in the check out screen: Science & Technology Fund, Performing Arts Fund, Literacy Fund, Business & Professional Development Fund or Student Education Initiative Fund.  
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Westerly Education Endowment Fund
P.O. Box 1219, Westerly, RI 02891
Email: westerlyeef@gmail.com
Phone: (401) 315-1500 Ext. 1319
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  • Home
  • About
    • About Us
    • Quick Facts About WEEF
    • Board Members
    • Contact
  • Grants
    • WEEF Grants >
      • 2021-2022 Grants
      • 2020-2021 Grants
      • 2019-2020 Grants
    • Apply for a Grant
    • Grant Naming Opportunities
    • Grant Recipient's Progress Report
  • Events
    • WEEF Blue & White Celebration
    • WEEF Cabaret 2022
    • WEEF Cabaret 2018
  • Donate
    • Grant Naming Opportunities
    • Directed Giving >
      • Business and Professional Development Fund
      • Literacy Fund
      • Performing Arts Fund
      • Student Education Initiative Fund
    • Community
  • Photos
    • Blue and White Event Photos
    • WEEF Cabaret 2022
    • WEEF Cabaret 2018
    • Bubbleology
    • Hope Road Benefit Concert
    • Trivia Night
    • Tower Street Community Center
    • Comic Relief With WEEF Photos