The Caedmon Endowment Campaign
Saving for Caedmon’s Future ... by increasing The Mary Ann Winograd Endowment for Faculty Salaries
Like any responsible family or institution, Caedmon must invest in its future by saving. An endowment is simply a dedicated savings account, the principal of which is unusable, but which generates interest income to support its defined purpose.
Caedmon’s first capital campaign, completed in 2007, raised over a million dollars to establish a permanent and ever-growing endowment dedicated to supporting faculty salaries. Earnings from this endowed fund will assure that our skilled and creative teachers are competitively compensated in the years ahead, so that they will always be able to share those gifts at Caedmon.
In the wake of the capital campaign, The Caedmon Endowment Campaign continues to seek donations that will increase the principle balance of the endowed fund, thereby generating evermore investment income.
