Endowment

A strong endowment is a sign of financial health and an important component of the financial model of a mature school like Overlake. Endowment provides a reliable, non-tuition stream of income, a safeguard against major disasters and a source of funding for new ventures or to take advantage of sudden opportunities. Endowment also provides the school with the resources necessary to meet the needs of tomorrow’s students and gives donors the opportunity to have a lasting impact.

If you have questions about endowment, please contact:

Carol O’Donnell
Director of Development
Email: codonnell@overlake.org
Phone: 425-868-6191, ext. 618

Current Endowments

Dean Palmer Endowment Fund
This fund provides two $500 scholarships each summer, enabling Overlake students to pursue an activity for which they have a talent or a passion.

Faculty and Staff Development Endowment Fund
This fund supports a faculty sabbatical program and professional growth through continuing education, workshops and conferences.

Financial Aid Endowment Fund
This fund supports the school’s Financial Aid Program. Currently, 15% of students receive $1 million in aid.

Foreign Exchange Program Endowment Fund
This fund supports both the ASSIST foreign exchange student(s) and the school’s exchange programs with schools in France, Italy, Spain and Japan.

Lenore Eustis Tutoring Endowment Fund
Provides tutoring assistance for students on financial aid.

The Overlake School Athletics Endowment Fund
This fund helps support the school’s outstanding interscholastic athletics program.

The Overlake School Endowment Fund
This endowment fund is not further restricted in term of use and provides long-term financial stability for the school. Income is used to support the school’s annual operating expenses.

Wharton Faculty Enrichment Endowment Fund

Formerly the Distinguished Teaching Award Endowment, this fund began with a gift from the Wharton Foundation. In 2003, the use of the fund was changed to support $1,000 grants to faculty each year to pursue an area of interest or activity that encourages personal growth.

Writer’s Symposium Endowment Fund
This fund supports the Annual Writer’s Symposium, a program that brings a noted author to campus each year to work with students and to present an evening lecture to the community.