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What is Chapel Hill Academy Foundation?

April 26, 2017academy chapel foundation Hill

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What is Chapel Hill Academy Foundation?

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The CHA Foundation is a nonprofit corporation that was formed in 1986 to support and strengthen Chapel Hill Academy. Foundation Goals • To provide support to Chapel Hill Academy in key operational and educational areas: • books and curriculum materials, especially spiritually based material not reimbursed by state funds; • enhanced training and professional development for faculty; • provide additional financial assistance and scholarships to Christian families who may not otherwise be able to send their children to Chapel Hill Academy; • provide special projects for educational enrichment. Funding Accomplishments to Date Foundation grants have provided staff training and development, scholarships and special gifts such as volleyball standards for the new gymnasium. Type of Gifts Immediate Gifts The entire gift used immediately for funding goals. Endowment Gifts Principal retained and investment income used for funding goals. What is an Endowment? An endowment is a gift held forever by