Giving
Giving with Purpose

Endowment

Ensuring Future Financial Stability

What is an Endowment and why should Saltus have one?
An endowment provides long-term financial stability for Saltus by generating ongoing income from invested funds. This steady revenue stream supports essential programmes, student financial assistance, and innovation without relying solely on tuition or annual fundraising. Saltus has a general, unrestricted endowment fund, offering flexibility to meet the school’s most pressing needs as they arise, ensuring continued excellence and future growth.

Think of an endowment as a strong, deeply-rooted tree. The principal, or initial funds, are the roots planted deep in the soil, never touched, providing a stable foundation. The tree's branches and leaves represent the growth from wise investments, spreading outward and bearing fruit over time. Each year, the fruit (or income) is harvested without harming the tree, ensuring that the tree continues to grow and thrive for generations. Just as a tree provides shade, shelter, and nourishment, an endowment supports the school’s mission, benefiting students and the community year after year.
 
Why does Saltus have endowed scholarships and awards?
Saltus awards endowed scholarships to mission appropriate and talented students for whom a Saltus education would otherwise not be affordable. These permanently restricted funds generate annual interest, providing long-term financial aid while helping to attract a diverse student body and fostering inclusivity. By maintaining both restricted and unrestricted endowment funds, Saltus ensures it can support students directly and sustain the school’s future growth.

Named Endowed Scholarships and Awards

List of 5 items.

  • Jennie Beard Award

    This memorial scholarship was established by her husband Jon Beard and friends of Jennie Beard as a tribute to a beloved Saltus teacher and friend. The award is granted annually, at Graduation, to a boy and a girl who attended Saltus Kindergarten through SGY 2. The award amount will be determined by the School annually based on the current disbursement policy, with a maximum individual award of $500.

    Make a gift to this award today!
  • Staunton Scholarship

    In 2017, the Board of Trustee established The Staunton Scholarship in honour of long-time Head of School Ted Staunton’s retirement.The Staunton Scholarship provides up to $2,000 in financial assistance to a deserving and mission-appropriate student entering Grade 9. The student may be returning or new and the award will continue through the student’s education at Saltus.

    Make a gift to this scholarship today!
  • Alumni Endowed Scholarship Fund (AESF)

    The 130th Anniversary Gala for Saltus Grammar School established the Alumni Endowed Scholarship Fund (AESF) as a permanently restricted fund to provide financial assistance to a deserving and mission appropriate student(s) entering Grade 6 or Grade 9.  The student(s) may be returning or new and the award will continue through the student’s education at Saltus.

    Special consideration is given to legacy applicants with demonstrated financial need, ensuring the scholarship can support students throughout their time at Saltus.

    IMPORTANT NOTE: An additional $200,000 will be added to the corpus of this endowment, contingent upon the successful completion of our on-going ‘Match’ campaign. This means that every gift to this fund from alumni will be matched in contributions dollar for dollar, up to $100,000. 

    Make a gift to this scholarship today!
  • Michelle L. Outerbridge Memorial Fund

    This memorial fund was set up by Lise Outerbridge, after her daughter Michelle’s untimely passing in September 2000. This fund provides music instruction for students whose parents may not be in a position to support lessons; or for students who have a desire to learn a new instrument in addition to other instruments which they already play.

    Make a gift to this memorial fund today!
  • Francis ‘Goose’ Gosling Scholarship

    The Gosling Scholarship provides up to $8,000 in financial assistance to a deserving and mission appropriate student entering Secondary School. The student may be returning or new and the award will continue through the student’s education at Saltus.

    Make a gift to this scholarship today!
CONTACT
Director of Advancement: Katie Kostiuk
Alumni Relations and Annual Giving Coordinator: Susan Simons
Our Mission is to inspire a passion for learning and independent thinking through a commitment to academic excellence, personal integrity and service to others.