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Endowment & Capital Giving

Country Day offers a variety of ways to significantly support the school. Substantial gifts ensure funding of strategic priorities, such as endowment and capital giving.

Endowment

With an endowment of over $60 million, Country Day has one of the healthiest endowments of independent schools in the Southeast, providing long-term financial stability for our school. An endowment fund can be compared to a long-term investment or savings plan. It is a “permanent” fund in which the principal is invested and the earnings are spent. A strong endowment ensures our long-term strength and relieves pressure on tuition and annual giving, playing a critical role in ensuring the affordability of a Country Day education.

Capital Giving

Gifts to capital projects ensure funding of other strategic priorities and special projects. In 2021, Country Day completed the largest capital campaign in the school's history, raising over $90 million for the construction of five new buildings and facility improvements, and the fulfillment of our strategic plan established in 2011.

Endowment Funds and Scholarships

Endowment Facts

Endowment
  • Endowment funds 5% of the operating budget, providing scholarship funds, enhancing academic programming, and supporting faculty professional development while sustaining the school's long-term stability.
  • Our endowment is the largest among independent schools in North Carolina—signaling our leadership and our ambition.
  • 77 restricted and unrestricted endowment and scholarship funds valued at $65 million (as of 6/30/23).
  • While endowments are established through sizable initial gifts, they may grow through smaller, ongoing gifts from other supporters of the school.