Foundation Endowment
Thank you for considering the Ballard High School Endowment Fund for your contribution.
The Ballard High School Foundation Endowment is established under the umbrella of the Seattle Foundation, a longtime and well-regarded local institution. There, Foundation Endowment funds are deposited and managed. It is hoped that over time the value of the Endowment will exceed $5,000,000 and the interest generated by the fund can be regularly used to benefit our school.
Recently, we created two funds within our Endowment:
- A Sustaining Fund. The Sustaining Fund is dedicated to short term growth and money will be distributed from it when the Fund balance exceeds $500,000.
- Legacy Fund. The Legacy Fund is dedicated to long-term growth based on the compounding of interest on contributions. It will begin to be distributed when the Legacy Fund balance reaches $15,000,000 or in 50 years. The balance in the Legacy Fund is currently only several thousand dollars, but it has the potential of being a major factor in supporting our high school, which has already existed for over 100 years.