Donations to the MEF Endowment are invested for long-term benefits, with the earned endowment income eventually used for the Foundation’s mission of strategic investment in education excellence at Signal Mountain public schools.
The MEF Board set a goal to reach $3.25MM in the MEF Endowment, at which time an annual draw of 4% will be accessed for MEF. It is anticipated that this will cover the operating costs for MEF, allowing every dollar donated to the Annual Fund to directly benefit students and schools. With the endowment principal amount untouched, it will continue to grow in value and provide income to benefit Signal students and schools in perpetuity.