The mission of the BVPS Education Foundation Endowment is to support the people, programs, and activities of the Bristol Virginia Public Schools in perpetuity.
Unlike Capital projects in which raised funds are exhausted, Endowments are meant to support academic programs that live forever. Over the years, growth of the Foundation Endowment - through investment return and charitable giving - will enable us to provide scholarships to students, enhance faculty excellence in the classroom, launch new academic programs and research efforts, and support a wide range of important needs of the Bristol Virginia Public Schools.
The BVPS Education Foundation's Endowment is managed professionally by the Seven Hills Wealth Management Group of Davenport & Company, with an investment policy of capital preservation and income, respectively. Much the way individual investors pool their assets in a mutual fund, each of the individual restricted and unrestricted program endowment funds comprising the Foundation’s Endowment are managed collectively under the same investment strategy and policies.
The collective endowment funds of the BVPS Education Foundation are a sound investment in a better future for our teachers, students and the BVPS System as a whole. With an endowed gift, you provide permanent support for the Bristol Virginia Public Schools. Your gift is invested — never spent — and each year a distribution, like dividends on a mutual fund account, is made to your chosen program or area. Investment earnings above the dividend rate help the endowment value grow over time, to keep pace with inflation and maintain your endowment’s spending power.
For more information on Permanently-Endowed giving, please contact the Foundation office.
"In learning you will teach, and in teaching you will learn." - Rene Descartes