EPCF Endowment Fund(s)

The Eagle Promise Charitable Fund will have four types of endowment offering. They are the EPCF Endowment Fund for Special Projects, EPCF Named Endowment Fund for Special Projects, the EPCF Endowed Scholarship Fund, and the EPCF Named Scholarship Fund(s).

Endowments create the foundation upon which the Eagle Promise Charitable Fund can build lasting financial strength and ensure its mission to the Hedgesville School System for the future. More than ever, endowments are essential to assuring that the Eagle Promise Charitable Fund can carry out its mission for the long-term. When a donor establishes a perpetual endowment—either in support of the endowment fund for special projects, EPCF named endowment fund for special projects, a named scholarship fund, or a named endowment fund for special projects—the gift is placed in EPCF endowment fund(s). The fund is invested so that annual commitments can be funded with a portion of the dividends and interest earned. The remaining portion is reinvested, enabling the endowment fund to grow to offset inflation and rising costs.

Eagle Promise Charitable Fund (EPCF) Endowment Fund for Special Projects
Gifts made to the Eagle Promise Charitable Fund’s Endowment Fund for Special Projects are placed in the Endowment Fund for Special Projects. Any gift size can be applied to the EPCF Endowment Fund for Special Projects. The fund is invested so that annual commitments toward our special project being undertaken that year can be funded with a portion of the dividends and interest earned on an annual basis. The Track and Soccer Complex is the current special project identified by the EPCF Board of Directors. The remaining portion is reinvested, enabling the endowment fund to grow to offset inflation and rising costs .

Eagle Promise Charitable Fund (EPCF) Named Endowment Fund
for Special Projects
Each EPCF Named Endowment Fund for Special Projects is placed in the Endowment Fund for Special Projects. Each named endowment fund for special projects can be funded in at least $5000 increments and established and named for individuals, companies, and corporations. Each individually named endowment fund for special projects will be an invested in the Endowment Fund for Special Projects. Please Contact info@eaglepromise.org for more information on setting up a EPCF Named Endowment Fund for Special Projects in your name or in the name honoring someone else.

Eagle Promise Charitable Fund (EPCF) Endowed Scholarship Fund
The Eagle Promise Charitable Fund’s Endowed Scholarship is an endowed scholarship fund sponsored by the EPCF. The Eagle Promise Charitable Fund will raise and accumulate monies to be applied to its Endowed Scholarship Fund. Once a minimum balance of $5000 has been accumulated in this Fund the EPCF will place the monies in an endowed managed fund and will award its first scholarship with the income generated annually from its endowed scholarship fund.  The EPCF Endowed Scholarship Fund will be a post-graduate scholarship that will be awarded on an annual basis to HHS student-athletes. As additional increments of $5000 have been accumulated to the EPCF Scholarship Endowed Scholarship Fund the EPCF Board of Directors will add another endowed scholarship to be awarded also on an annual basis.