As of December 31, 2020, Langley's endowment was valued at $6.5 million. Langley is in a capital campaign that includes growing the endowment to $10 million, and an additional $2 million has been pledged toward endowment. Visit our campaign web page to learn more.
The various funds that make up the endowment have been established by parents, alumni, and friends to operate in perpetuity and allow the school to meet and adapt to the needs of our students and programs.
With endowment, the principal of the fund is preserved and income generated through careful investment can be directed to the school’s budget each year. The Board of Trustees is responsible for overseeing the investment and spending policies of the endowment.
While some funds are restricted for a specific use, such as financial aid and professional development for faculty, the unrestricted endowment provides budgetary support for all areas of the school, including faculty salaries and benefits, the arts, instructional services, athletics, and more.
Many of our funds have been established in tribute to a family member, faculty member, or for the general support of Langley. Click here to see the full list.
Dr. Elinor Scully Scholars Fund
Aligned with Dr. Elinor Scully’s deep belief that there should be clear pathways to a high-quality education, an endowed fund was established in her honor in 2021. Dr. Elinor Scully Scholars Fund is a lasting tribute to Dr. Scully, who served as Langley’s head of school from 2013-2021, and provides tuition assistance and supports strategic investments to ensure a Langley education is accessible to students throughout our community.
Below are some frequently asked questions about Langley’s endowment:
Q: How will a gift to the endowment benefit the school?
A: Earnings on the endowment provide faculty support, student financial aid, and operating funds each year. In short, the endowment provides annual budgetary relief and helps keep tuition increases at a minimum.
Q: How can I establish a named endowed fund?
A: Named funds may be established for a minimum investment of $100,000. Please contact the Development Office for more information. All donors to the endowment are recognized in the annual report.
Q: I cannot give a gift at that level but would like to support the endowment. How may I do this?
A: A complete list of our endowed funds can be found by clicking here. Once you have selected the fund you wish to support, you may send in your contribution via the methods listed below. All donors to the endowment are recognized in the annual report.
Q: How do I make a gift?
A: We accept gifts of cash, check, credit card, and/or securities. Please contact the Development Office so we may direct and acknowledge your gift appropriately. Checks can be made payable to “The Langley School” and sent to:
The Langley School
1411 Balls Hill Road
McLean, VA 22101