Endowment

A strong endowment is essential to a strong academic program. While some endowment funds are restricted for particular purposes such as financial aid, general endowment funds assist the overall operating budget. A percentage of endowment income is combined with tuition revenue and annual fund gifts to operate the school on a day-to-day basis.

As of July 2009, Cannon’s endowment was $2,957,943. Cannon’s Board of Trustees and school leadership are committed to the continued growth of the general endowment. New endowment funds may be created with gifts of $100,000 or more. Currently Cannon has the following named endowment funds:

Financial Aid Endowment

Michael Gray Jr. Endowment Fund
Speedway Children's Endowment Fund for Diversity

Professional Development for Faculty

Maria DeHaas Endowed Fund
Kimbrough Family Fund For Teaching Excellence

General Endowment

Excellence Fund
Liles Endowment
Richard Snyder Endowment Fund