ENDOWMENT FUND OVERVIEW
The Cabrillo Education Foundation Endowment Fund is designed to provide a long term, stable source of unrestricted income to the schools within the Cabrillo Unified School District. Through this Fund, CEF can accept individual donations, including gifts of securities, property, life insurance and other estate planning contributions. Once the Endowment Fund goal is achieved, the Fund will release sustained revenues which will assure that fundamental improvements occur at all local schools. Through the Endowment Fund, every donation is a lasting gift that will benefit our students and community for generations.
OUR COMMUNITY! OUR SCHOOLS! OUR FUTURE!
Invest in the Future – Your Help is Needed Now
Widespread community support enabled the Cabrillo Education Foundation (CEF) to reach $1,400,000 in its endowment fund in 2009. In 2010 we hope to surpass our original goal of $2,000,000 and begin releasing much needed funds to all seven schools within the Cabrillo Unified School District.
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The Cabrillo Education Foundation is pleased to offer our community the opportunity to "Invest in the Future" by investing in our Endowment Fund. The CEF Endowment Fund was established in December 2006 with the purpose of providing a long term, stable source of unrestricted income to our local public schools. Endowment fund assets typically consist of cash, securities, equities, or property given to a foundation with the condition that the principal be maintained in perpetuity and only the income generated may be expended. Until the CEF Endowment Fund assets reach a total of two million dollars there will be no distribution of income. Proceeds will begin to be distributed annually (4 to 5%) once the initial two million dollar goal is achieved. The creation of the CEF Endowment Fund is a bold step in cultivating an environment for educational innovation. It will also assure that crucial educational programs continue far into the future.
The Cabrillo Education Foundation has grown through the generosity and vision of many who recognize the Foundation as a capable and agile steward of their philanthropic resources. By making a contribution to the Endowment Fund, you will help CEF "Invest in the Future" and provide long term financial support for our schools.
Give to our Students and our Community
The generous and far sighted individuals and business partners who contribute to the Cabrillo Education Foundation Endowment Fund realize and recognize that the quality of life in our community depends on the quality of our community schools.
Q. How can I make a contribution?
A. Tax-deductible charitable contributions may be made as:
- Cash donations - the simplest and most convenient way to help; a cash donation can take the form of a long-term gift or pledge over several years. Make checks payable to:
Cabrillo Education Endowment Fund, P.O. Box 354, Half Moon Bay, CA 94019 - Appreciated securities & real estate - this may be a way to gain tax advantages for donors who have held assets for long periods of time.
- Stocks & gift stocks - stocks, including stock from start-up ventures, may be placed in an endowment trust with current market value benefits.
- Planned giving - assets as a part of a will may be another opportunity to give a gift of lifelong learning through a charitable trust agreement.
Founder’s Circle |
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Endowment Investment Advisory Committee
- Kathleen Barbarino, Treasurer, Cabrillo Education Foundation
- John Ediger, President Cabrillo Education Foundation
Robin Jeffs, Principal, Jeffs and Associates - Steve Johnson, President, Johnson and Marotta Asset Management, Inc.
- Lenny Mendonca, Director, McKinsey & Company
- Melissa Rey, Executive Director, Cabrillo Education Foundation
