Our Endowment
Protecting Woodside Priory School In The Future
Independent schools get their operating budgets from three main sources: tuition, annual gifts, and endowment income. The endowment is the only source that protects schools against economic blows, and even the largest schools need the security of this income to weather downturns in the economy.
Woodside Priory has almost no endowment and must increase this resource to compete and prosper in the future.
Securing The Best Faculty
The Priory needs endowment income to maintain competitive employee compensation. The school strives to maintain faculty salaries in the top third of comparable schools, but these schools are not standing still. The Priory cannot relax its effort, and cannot look to tuition and annual gifts alone.
Providing Financial Aid
Endowment income will help assure the school's current level of student financial aid. Providing education for people of all financial backgrounds is important to the Priory's mission and student body composition. Endowment funds are critical in securing this goal.
Endowment Goal: $5 million, more than $2.2 million raised to date.
Currently the campaign's effort is to fund scholarships named for Priory Benedictine fathers (the "Father Funds").
Father Egon Javor Scholarship
A special scholarship drive is under way now to honor the Priory's beloved founder, Father Egon, with a $1 million endowed scholarship in his name. The school hopes to announce this scholarship in November 2006 to commemorate both the first mass held on Priory grounds and Father Egon's 90th birthday. The fund will be open through December 2007.
For more information contact Siobhan Lawlor in the Golden Jubilee Campaign Office at
650-851-6116 or slawlor@woodsidepriory.com.