Endowment gifts are invested and allowed to grow so that eventually, the fund produces enough income to cover annual grants. Endowment gifts allow organizations to plan in a consistent and coherent way. It makes it possible for an organization to function on a higher administrative and programmatic level.

Gifts of $10,000 or more may be established as endowment funds; only the interest is distributed. This means the initial contribution gives annually through earned interest. Family members may be memorialized, such as the $50,000 Helen Harbison Lucas Endowment given by James Lucas, which was designated to annually recognize the Elementary Teacher of the year with a $2,500 award.

Most endowments are built from bequests and gifts, which support the foundation and allow grants to be made in perpetuity. Gifts of assets, as well as income may be made, which often allow the donor tax advantages. Planned giving includes gifts through wills, trusts, life insurance and other options recommended by an estate planner.

Gifts may be made to add to the current endowment accounts:

• Campus (GCISD campuses may be designated for endowment gifts)
• Helen Harbison Lucas
• John T. Eubanks Family Living Trust
• Roy & Joan Stewart
• Mattie Mae Wright
• Leslie & David Irwin – Elite Floors
• Jim & Carolyn Thompson
• W. F. Cannon, Jr.
• Margret Montgomery
• Larry Oliver
• Herman & Patsy Smith Charitable Foundation
• Fickes * Dorety/SLJ Company
• Cary & Laurie Turner – Colleyville Heritage High School
• Ron & Pat Adams
• The Doody Family – Kevin & Kathy Doody
• The Ayers Family – Jon & Deanne Ayers
• The Moy Family – Eric & Christina Moy
• Inez Cannon Howe
• Grapevine High School Ex-Students Association Scholarship
• Gene & Cecilia Monacelli
• The Rosen Family – Vince & Debbie Rosen
• Tom & Lisa Hall
• Wiley Deloys “Ted” Willhoite
• Janet Hood-Hanchey
• Mike, Susan & Caitlin Taylor
• Dr. Edith M. Pewitt
• The Humphrey Family - Steve & Mary Humphrey
• Chuck & Patti Irwin
• The Kane & Brunker Family - John & Janice Kane
• Jon & Dana McCormick - Timberline Elementary School
• The Leal Family - Leon & Tracy Leal
• Danny & Velma Walker
• Robert J. & Helen H. Glaser Family Foundation - Bob and Christine Glaser
• Dean & Sabra Hood Family - Bridges Accelerated Learning Center
• John T. & Janis A. Eubanks GCISD Secondary Teacher of the Year
  

For more information, contact:
Grapevine-Colleyville Education Foundation
817/251-5480