Together with our generous donors, the East Grand Rapids Schools Foundation enriches the educational experience of our students by funding excellence in teaching and learning that requires financial support beyond the district. We support excellence in education through our endowment, which our incredibly supportive community has built to more than $8 million. The investment earnings from the endowment will provide grants, program support, awards and scholarships.
Now&Forever, our capital campaign, will ultimately grow our endowment to more than $12 million. Once we reach our goal, the investment earnings could provide approximately $600,000 in enhancement grants and program support while maintaining the principal to support our students for generations to come. Year after year, the Foundation funds classroom grants, faculty awards and scholarships, student scholarships and co-curriculars. None of that would be possible without your tremendous support of the Foundation and our students.
Your support enables us to preserve vital programs and enhance the outstanding education we provide to all our students. This past school year the Foundation was pleased to fund a number of grant requests at the elementary, middle and high school levels, assuring that a broad range of EGR school children will benefit from the approved grants and our endowment dollars.