Investing for the Future
The New Caney ISD Education Foundation has an endowment fund, a permanent, self-sustaining fund that will help ensure future excellence and innovation in New Caney ISD. The income from a carefully invested endowment fund provides a stable source of funding.
The endowment fund provides a practical way for families, alumni, businesses and others to make a long-term investment in the quality of our public schools. An endowment gift is one where the principal donation is maintained in perpetuity and only a portion of the annual investment return is spent. Surplus earnings are reinvested in the endowment so that, over the years, the fund can grow and provide long-term financial security.
A pledge is a formal statement to make a gift to the New Caney ISD Education Foundation Endowment Fund. Many donors choose to complete their pledge by making regular payments over a period of time. This method allows donors to give more generously than they might have originally considered.