The Educational Endowment Fund
The Educational Endowment Fund was established to provide an additional source of income
for the needs of the school. The endowment fund was designed to insure the financial support
of the school as it moves into a new era of glory in its history and to enable it to provide quality
academic, religious and leadership training for every student.
The endowment fund accepts gifts of all kind. These gifts are invested and only the net annual
investment income is available for use by the school. This allows the fund to become a perpetual
source of income for the needs of VASJ.
The income each year may be allocated for general operations (to keep tuition costs affordable),
capital improvements, financial and scholarship assistance, teacher enrichment or wherever the
need is greatest at the time. This income allows the school to remain competitive, to always be a
school in progress…a school constantly enriching its offerings to young people.
The endowment fund is administered by a board of trustees comprised of alumni, parents and
professionals who insure the integrity of the funds, supervise the investment policies and design
programs to enhance the corpus of the fund.