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Teacher Salary Endowment Fund
GOAL $500.000
The heart of our school is our teaching staff. We have and want to maintain excellence in our academics.
We must be prepared to provide adequate salaries and benefits that allow our teaching staff to meet the cost of living in our area. In an effort to meet these demands while keeping enrollment costs affordable, Shenandoah Valley Christian Academy is starting a Teacher Salary Endowment Fund.
An Endowment Fund receives tax deductible contributions that remain in the fund with only the interest earnings being distributed to support teachers salaries. Donors give money or property to SVCA with the stipulation that it be invested so that the principal remains intact. The compound interest from that intact investment is used annually to supplement the salaries of our teachers.
The long term endowment goal for SVCA’s Teacher Salary fund is $500,000. Interest earned from the intact principal will be used to increase our teachers salaries by 10% a year over a three year period. At that point, SVCA will be among the top 3% of the nation in Christian School Teacher’s salary.
Do you want to impact the next generation for Jesus Christ? Please consider giving a gift in perpetuity to the SVCA Teacher Endowment Fund.
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