Current school funding issues offer a challenge to our tradition of excellence. An ever increasing percentage of our property tax dollars formerly designated for our schools, now leave the community to be re-distributed to other school districts across the state. Without the additional donations through EEF, we would be unable to maintain the quality of our schools through the expenditure of tax dollars alone.
Every year, private donors and corporate sponsors graciously donate to help provide a yearly grant to the district. This grant is given in June. As of July 1st, we are back at 0 and we have to start again. The EEF Eanes Endowment is the solution for long term sustainability of continuing to help our district.
Without adequate funding, our standard of excellence is in jeopardy.
To support the Eanes Education foundation in its efforts to maintain the long-term goal of providing educational excellence within Eanes ISD.
To provide a vehicle for sustaining gifts which would support the endowment’s mission of supporting EEF for the long term.
For generations, the Eanes community has been distinguished by its devotion to education. Countless families have moved into the community to benefit from the schools that are among the finest in the nation. Accomplished alumni provide ongoing affirmation of the quality of education received in the Eanes schools through their own personal achievements and their contributions to the greater society. EISD residents and alumni of our schools take pride in our historic tradition where excellence is more than a goal, it is the standard.
The endowment was seeded in 2015 by the Eanes Education Foundation with $300,000. In 2022 the endowment’s AUM had achieved the required distribution threshold of 6 quarters with an average AUM above $1M. Upon achieving this threshold, the EEF Endowment board approved the endowment’s first ever distribution of $50,000 in 2022.
Eanes Education Foundation seeks current and endowed financial support from the community and corporate donors to provide and sustain district-wide opportunities for educational excellence within Eanes ISD.
Since 1992, EEF has raised over $31 million to fund more than 631 educators and teachers. We are fortunate to be a part of a caring community that understands the importance of the schools in defining the spirit of the community, maintaining property values, and creating a common bond among our neighbors.
The EEF Endowment offers far-reaching solutions to achieve our ultimate goal of preserving educational excellence in all Eanes schools.
The Eanes Endowment is overseen by its own board. The endowment may distribute between 4% and 6% of assets per year. Endowment assets are managed by Durbin Bennett Private Wealth Management