Supporting Exeter's Future Through Endowed Gifts

Collectively, the endowment’s 1,464 individual funds reflect a 240-year tradition of philanthropy sustained through careful management and the unwavering generosity of alumni, family and friends.

Exeter’s endowment spending policy is designed to maintain purchasing power over the long run and to provide relatively consistent support to the Academy’s annual operating budget. The amount of the endowment spent in any one year is based 80% on the prior year’s spending (increased by inflation) and 20% on the market value of the endowment (as determined by a four-quarter trailing average), multiplied by Exeter’s endowment draw rate of 5%. Since it is only partially based on the current market value of the endowment, this spending policy helps shield the operating budget from short-term market volatility.

Endowment by Purpose Restriction

General Named Endowment Fund

$150,000
Provides the flexibility to support urgent needs and emerging initiatives.

Named Scholarship Fund

Partial $250,000 / Full $1,000,000
Allows Exeter to further its mission of enrolling youth from every quarter.

Global Initiatives Fund

$250,000
Reduces the cost of programs for students participating in off-campus programs and supports faculty.

Student Equitable Experience Fund

$250,000
Ensures that all students have access to the same opportunities through support of programs, travel, clothing and books.

Faculty Professional Development Fund

$250,000
Helps Exeter continue to maintain an exceptional faculty in an increasingly competitive marketplace.

General Athletics Fund

$250,000
Supports equipment, uniforms, facilities enhancements and travel.

Coaching Position

$2,000,000
Supports the salary and benefits of the coach, and provides funds to support a team’s budget.

Academy Teaching Chair

$3,000,000
Establishes the highest position of distinction, appointed by the principal, for a senior faculty member who has contributed in a significant way to teaching and learning at the Academy.