For 100 years, the Grosse Pointe Public School System has benefited from a sturdy local tax base, state financial support, and ample federal funding, making our school district the envy of our peers nationwide and the crown jewel in one of the healthiest and robust communities in the state. Yet the future is not what it used to be.
Recent school closures, a global pandemic, and budget deficits that have impacted public schools everywhere threaten the long-term viability and success of the very heart of the community we call home. And even the generous contributions of kind benefactors, dedicated parents, millage supporters, and volunteer fundraisers may not be enough to bridge the gaps that the future portends. There needs to be a bigger initiative, a bolder endeavor, and an even deeper commitment from everyone impacted by this revised version of the future.
The Generations Endowment Fund, through the generous contributions of our supporters everywhere, will generate interest income to support and continue large projects and big endeavors, by collaborating with school district officials, principals, teachers and PTOs to identify the greatest and most urgent areas of need and to provide discretionary funds accordingly. Our goal is to support a range of school district priorities, be they academics, athletics, the arts or ensuring access to state-of-the-art educational technology.
The Generations Endowment Fund will provide permanent and predictable funding to support programs and innovations essential for the long-term success of our students and community. This will be accomplished by an annual district-wide grant. Together, as students, alumni, friends, and family, we will lay a new foundation for educational excellence and create a legacy for generations to come.
The Generations Endowment will be managed by Raymond James, Grosse Pointe.