Endowment
Gifts to the San Antonio Academy endowment are a long-term investment in the financial health of the school. Endowment funds are perpetual resources that generate income to support The Academy.
Thanks to the generosity of our donors, San Antonio Academy has endowment assets at $39 million and anticipates the endowment to earn an average of 6% annually over the next 10 years.
How the Endowment Works
SAA's endowment operates like an investment account, keeping the school strong for future generations. The school draws 4.5% annually from the endowment, calculated based on the average of the past 12 quarters. That income supplements the operating budget, allowing The Academy to offer better programs for our boys.
The Impact of Our Endowment
Since its inception in 1985, San Antonio Academy's endowment has raised more than $25 million and supports arts and sciences, library book acquisitions, facility maintenance, faculty salaries, and with a recent significant gift, a large portion of the Head of School's compensation. Additionally, one of the endowment's greatest benefits is our tuition assistance program, which has $3.5 million available and helps more than 50 boys attend The Academy. All tuition assistance is funded through the endowment, and additional scholarship gifts are one of our greatest needs.
Donors give knowing their gifts support a student who would otherwise not be able to attend The Academy. Most importantly, donors know that they are investing in the future leaders of our community.
To discuss making an endowment gift, please contact Jennifer Colglazier, Chief Development Officer at jcolglazier@sa-academy.org or 210-733-7331 ext. 219.
The scholarship was a dream come true for my grandson. The education he received from San Antonio Academy was top of the line. The teachers and the entire Academy staff helped in shaping his future...I thank God that you saw a need for such a humanitarian act.– Grandmother of Academy Graduate and Scholarship Recipient
Donate
To make a gift to SAA's endowment, contact development@sa-academy.org.
Bank Info for Wire Transfers:
Frost National Bank
Account Manager: Laurie Wieters
Phone: (210) 220-4159
Financial Management Services Department
Fax: (210) 220-6033
DTC #0226
Bank Account #037-380 733