What is the Teachers Assistance Endowment? Who will administer it?
The endowment is a relatively new effort for Orange Lutheran. There is a current general school endowment of $300,000 and we would like to increase that by $3 million dedicated to the Teachers Assistance Endowment. This $3 million, and the investment earnings from it, will be used to assist teachers to purchase or maintain housing in the competitive Orange County market. This endowment will help us to hire and retain the best possible teachers at Lutheran High. The management of the endowment, including investments and distributions, will be under the direction of the Board.