Westchester Country Day School Endowment

The Westchester Country Day School Endowment is a nonprofit organization based in High Point, North Carolina, with the mission of supporting Westchester Country Day School, an independent educational institution serving students from preschool through 12th grade. Established in 1983, the endowment plays a critical role in providing financial resources to enhance educational opportunities and maintain high standards at the school.

Financial Overview

As of 2023, the Westchester Country Day School Endowment reported total assets of approximately $3.18 million and has no recorded liabilities, indicating a stable financial standing. The organization's revenue for the year amounted to about $469,000, primarily derived from various contributions, investment income, and other sources. Notably, contributions constituted roughly 76.6% of total revenue, highlighting the importance of donor support for the endowment's operations[1][2].

The endowment awarded approximately $132,950 in grants in 2023, directing funds towards scholarships and operational support for the school[4]. This financial support is vital for the sustainability of educational programs and initiatives that benefit the student body.

Tax Status and Governance

The Westchester Country Day School Endowment operates as a 501(c)(3) organization, classified by the IRS as a public charity. This status allows donors to make tax-deductible contributions, encouraging philanthropic support for the endowment's mission[5]. The endowment does not have recorded board members, which may reflect its operational structure centered around support for the affiliated school rather than independent governance[2].

Mission and Impact

The primary aim of the Westchester Country Day School Endowment is to foster an enriching educational environment at Westchester Country Day School. By providing scholarships and funding for essential programs, the endowment contributes to the academic and extracurricular development of its students. This support reflects a commitment to educational excellence and the promotion of opportunities for future generations of learners.

In summary, the Westchester Country Day School Endowment plays a crucial role in sustaining and enhancing the educational offerings of Westchester Country Day School through financial support and community engagement.