ENDOWMENTS AND SIMILAR FUNDS
Bement is fortunate to receive generous gifts to
endowed funds each year. Income from these hallmarked funds not
only strengthen our operating budget, but provide donors the
option of designating their contributions to areas of specific
interest, or in memory or in honor of a person or family. If you
would like to know more, please contact Sara Ardrey, director of
alumni and development, at
or call (413) 774-3201.
The funds listed below illustrate a vivid diversity of programmatic funding.
BARTLETT/DREXLER SCHOLARSHIP FUND
Established in 1977 as a challenge grant from an anonymous donor wishing to provide general scholarship support in honor of Kay Bartlett and Mary “Gug” Drexler, former co-heads of the school.
BEEBE MEMORIAL FUND
Established in 1973 by the trustees in memory of William H. Beebe P’76, former business manager, for the general needs of the school.
THE BEMENT SCHOOL BRIDGE GRANT
Established by Dolly Glennon TT, P’08 ’11 in 2014, the Bridge Grant provides complete financial support for an incoming, local lower school student with demonstrated full need of financial assistance to attend Bement. Financial aid, along with a Bridge Grant, will provide a qualified family with 100% of the tuition cost of enrollment each year.
LIBRARY ENDOWMENT FUND
Established in 2004 by the board of trustees as endowment for the Clagett McLennan Library.
CLAGETT PROFESSIONAL DEVELOPMENT FUND
Established in 1978 as a bequest of Nancy L. Clagett P’60, GP’85. The fund has been augmented by gifts from C. Thomas Clagett, Jr. P’60, GP’85 and family. Income from the fund provides Bement faculty with opportunities for professional development.
NANCY AND PETER DRAKE SCHOLARSHIP FUND
Established in 1999 by Mr. and Mrs. Henry Flynt Jr. GP’01 ’09 in honor of the years of dedication and service of Peter Drake P’90 ’93 ’96, a former Head, and his wife, Nancy Drake P’90 ’93 ’96, PF. This fund supports financial aid awards.
FOX FAMILY SCHOLARSHIP FUND
Established in 1999 by a gift from John and Gretchen PTT Fox P’86 ’88 to support financially deserving students who represent diversity at Bement, providing them with the opportunity to participate in all activities and services offered at the school.
GENERAL SCHOLARSHIP FUND
Established by the board of trustees to provide financial aid to those who would otherwise be unable to attend Bement.
VIRGINIA HONNOLD HOUCK GP’96 PIANO PRESERVATION FUND
Established by Fred Honnold Houck and SarahAnn Houck P’96 to ensure the systematic and professional maintenance of the Mason & Hamlin grand piano presented by them and their children, Charlotte, David, and Brent ’96, to Bement on October 19, 2010 in memory of Virginia Honnold Houck GP’96.
JAMES MULLINS ATHLETICS FUND
Established in 2009 in memory of James Mullins P’14 ’17 by his family and friends to support athletics.
O’HARE SCHOLARSHIP FUND
Established in 1988 by a gift from Peter Risatti, a friend of Bement, in memory of former Bement student, Amy O’Hare ’87. Recipients of awards are to be upper-school students of strong character who show athletic promise.
PHILLIPS SCHOLARSHIP FUND
Established in 1997 by a bequest from Bessie Wright Phillips, a friend of Mary “Gug” Drexler, to be used for scholarships.
READER’S DIGEST SCHOLARSHIP FUND
Established in 1972 by a matching gift from the DeWitt Wallace Fund. Income from the fund is to be used for scholarships to deserving middle-income students from families demonstrating the potential and will to pay a portion of tuition and fees.
SIGULER FAMILY FUND
Established in 1999 by a gift from George PTT and Pamela Siguler P’98 ’00 ’02 ’05 ’14 for general endowment growth.