Endowments

Our endowments provide a reliable source of funding, year after year, ensuring consistent programming District-wide.

Growth of the endowments through charitable giving and investment gains enables SMMEF to provide students with an outstanding curriculum. When you contribute to one of our endowments, you create a permanent legacy of support for our students. Thanks to generous donors, SMMEF has four endowments:

The For Academics Endowment was established in 1998. Its value is $1,605,553 (audited value as of June 30, 2016). For ten years, income from this endowment supported our 16 school libraries. Endowment income (approximately $76,000) is now contributed to SMMEF’s annual campaign, supporting elementary instructional assistants and enrichment grants at each school.

The For The Arts Endowment, created in 2003, was valued at $2,908,871 as of June 30, 2016. $116,000 will be used this year to fund arts programs in our schools, including a dance specialist for our middle and high schools, two music classes at Olympic High School, middle and high school theater funding, and grants to all secondary Visual Arts teachers.

The Peggy Bergmann Arts Endowment Fund, in memory of Lenore Bergmann and John Elmer Bergmann, was created in February 2013 and was valued at $2,873,463 as of June 30, 2016. Income from this endowment (approximately $125,000) will fund the purchase, repair and maintenance of instruments, as well as semi-private music lessons for socio-economically disadvantaged students throughout the District.

SMMEF continues to build its For Athletics Endowment to support athletic and PE programs throughout the District.

To learn more or contribute to one of our endowments, please call 310-396-4557 or email info@smmef.org.