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THE ENDOWMENT FUND
FOUNDATION RECEIVES FIRST $100,000 OF A COMPLETE $500,000 ENDOWMENT GIFT

GROWING

A

FUTURE

FOR

FISD

KIDS

The FISD Education Foundation unveiled a permanent and self—sustaining endowment fund to ensure future excellence and innovation in Fredericksburg ISD. Local resident and long-time FISD supporter Mark Przywara made his first $100,000 contribution to the FISD Education Endowment Fund. Przywara has designated a total of $500,000 to the endowment over the next five years. 

 

As a dedicated FISD supporter, Mark Przywara has recently served as the Vice President of Development on the FISD Education Foundation’s Board of Directors. His dedication to supporting students and teachers through innovative teaching ideas has prompted his generous donation which will establish the agency’s longevity well into the future. The purpose of the fund is to ensure that charitable giving to the Education Foundation is available to donors who support public education in Gillespie County. “Through this endowment, the Education Foundation will utilize long-term planning to build funds to support innovation in Fredericksburg ISD long into the future,” stated Przywara. 

 

The Community Foundation of the Texas Hill Country will manage the endowment as it does for many other local non-profits. Gifts designated to the endowment will be maintained in perpetuity and only a portion of the annual investment return will be spent. Surplus earnings are reinvested in the endowment so that, over the years, the fund can grow and provide long-term financial security. “I’d like to challenge Gillespie county residents, families, alumni, businesses and philanthropists to consider making a long-term investment in the quality of our FISD public schools by contributing to this endowment,” shares Przywara. This endowment allows donors to give more generously than they might have originally considered. 

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