Restricted Endowment Funds
Porter-Gaud is fortunate enough to have donors, past and present, who are committed to giving to endowment. Named endowment funds are vital to sustaining the fiscal health of Porter-Gaud School. These funds are established through outright gifts of stock and cash, or through bequests and other estate planning vehicles. Each fund leaves a meaningful legacy to Porter-Gaud School. These funds are typically used to endow scholarships, teaching positions, or other programs and expenses as stipulated by the donor. The endowment is managed by hired investment consultants. The Alison Fitzgerald ’97 Memorial Fund was established in 1995 by a gift from her parents, Eva and Dick Fitzgerald, to perpetually support the Alison Fitzgerald Handbell Choir and the Alison Fitzgerald Award. The award is presented annually to a sophomore who shares Alison’s enthusiastic outlook on life. The Barrett Family Scholarship Fund was established in 2004 by Mr. and Mrs. Andrew T. Barrett and family to support the financial aid program at Porter-Gaud School. The Benjamin W. Burris ’01 Memorial Fund was established in 2008 by his family and friends. The scholarship fund supports students in financial need that exhibit Ben’s passion for life, friendship, and competition. The Chaplain Brian K. McGreevy Character Education Fund, established by Dr. and Mrs. Samuel C. Franklin, Jr. with an irrevocable gift of $10,000, is a true endowment within the Porter-Gaud School Endowment, intended to provide a permanent source of funding for character education at PorterGaud. The Colonel George B. Buell ’17 Scholarship Fund was established in 1991 by Colonel George B. Buell ’17. Colonel Buell was the first president of the Porter Military Academy Alumni Association and brought former cadets into Porter-Gaud School. His fund supports the financial aid program at Porter-Gaud School. The Kirk S. Kessler ’76 Memorial Fund was established in 1991 by his parents, Mr. and Mrs. Raymond A. Kessler, Jr. ’39 to support the soccer program at Porter-Gaud School. Additionally, the Fund supports the Varsity Soccer Team’s MVP awarded each spring. Kirk was most well known for his selflessness on the soccer field and his commitment to the team. The Krawcheck Family Scholarship Fund was established in 2000 by Sallie L. Krawcheck ’83 and members of her family to support exceptional students who otherwise would not have the opportunity to attend Porter-Gaud School. The Krawcheck Scholarships are modeled after the MoreheadCain Scholarship at the University of North Carolina and also provide successive summer enrichment activities for each recipient. The Lieutenant James T. Richards ’80 Memorial Fund was established in 1990 by his parents, Dr. and Mrs. J.T. Richards. Lieutenant Richards was killed when the jet he was piloting crashed during a training exercise off Parris Island, SC in 1989. Each year, this fund provides support for a summer experience for a student of high achievement interested in service. All juniors are eligible to apply for the award. The Mai Harris Memorial Fund was established in 1996 by her husband, Dr. William L. Harris. Mrs. Harris worked in the Lower School of PorterGaud for 18 years and the fund supports projects and other needs in the Lower School. The Malone Family Foundation Fund was funded in 2011 by the Malone Family Foundation with an initial $2 million endowment. The program enables top-level students to attain scholarships at a growing number of independent secondary schools throughout the United States. The scholarship fund, which has a merit and need-based component, will enable students who are of the highest academic caliber to attend Porter-Gaud. The Michael H. Rawl ’94 Scholarship Fund was established in 1992 by his parents, The Honorable and Mrs. A. Victor Rawl ’64. The fund supports the financial aid program by aiding a minority student in good academic standing and who exemplifies drive, determination, and helpfulness. Porter-Gaud Professional Development Fund was established in 2010 by an anonymous donor to support the professional development of PorterGaud’s faculty and staff.! This fund can provide for conference expenses, continuing education, and other activities important to a community of learning. The Stephen E. Puckette III ’75 Scholarship Fund was established in 1994 by Dr. and Mrs. S. Elliott Puckette in honor of their son. The fund supports the School’s financial aid program by aiding a student in the Upper School who is active member of a Christian congregation. Mission: An Annual Report ! page 34