What is the purpose of the Endowment Fund and why was it formed?
A. In recognition of the need for sustained revenues for our local public schools, the Board of Directors created an Endowment Fund in 2006. Endowment funds provide a lasting gift. Building a permanent Endowment Fund is the best way to protect the investment we have made – and continue to make – in financing educational excellence. It ensures that we can continue to offer the widest possible range of educational opportunities for all students attending our public schools, despite the ongoing fluctuation and mandated restrictions in state funding. It secures a stable source of unrestricted income to the schools within the Cabrillo Unified School District.
