Objective: To increase Choate’s endowment by nearly 50% through unrestricted gifts and commitment to key institutional priorities.

Impact: To provide $5.5 million in added investment income annually to support Choate’s people and programs.
 

The optimal model for sustaining a vibrant educational enterprise is a strong endowment: a permanent, predictable, and growing source of revenue. Unrestricted endowment stands out as a particularly vital form of funding, supporting every dimension of the school’s operation. When compared with the endowments of Choate’s peer schools and with the ambitious range of programs Choate sponsors, Choate’s current endowment is relatively small—at $235.1 million, roughly a third of Exeter’s and Andover’s.

This campaign presents Choate’s alumni, parents and friends with an exciting opportunity: to increase the school’s endowment by $110 million to a total of more than $340 million, an achievement that will ensure and expand the educational opportunity Choate offers and greatly strengthen its financial standing.