Securing Our Future Through Our Endowment
Thanks to the Sisters’ foresight in the 1970s, we are blessed with an endowment that ensures financial security, supplementing operational funds and the school’s income. The endowment exists to support us through both good and challenging years. However, our current endowment of $22 million does not provide sufficient income to meet growing school needs like financial aid and salaries. Raising an additional $8 million for the endowment will provide increased financial stability and flexibility as we look to the future.
“Girls come to this beautiful sanctuary in the heart of the city and grow academically, spiritually, and socially. They graduate ready to share the wonderful Salesian virtues they have learned, with the world.”
–Ann Sheehy Fowler ’86, Campaign Co-Chair
The additional endowment funds will allow us to:
- Keep tuition down: By design, Visitation has one of the lowest tuitions among area girls’ schools, and we are committed to keeping it that way. Additional endowment funds will continue to help us make up the discrepancy between the actual cost of a Visitation education and the tuition we charge, and will help us slow the rate of tuition increases.
- Augment financial aid: In the past decade, Visitation has increased financial aid by about 75%. We currently offer over $2.2 million in financial aid annually to 33% of our student body—yet that is still not enough. The need is great. Many applicants want to attend Visitation but simply cannot afford it. We believe that cost should not be a barrier for families.
- Support competitive salaries and benefits for faculty and staff: This is critical in enabling us to attract to retain the top-notch teachers that empower our students to achieve and grow.