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2017 Gala Fund A Need
Patricia Blaise-Caves Scholarship Endowment Fund In March 2015, we launched the Patricia Blaise-Caves Scholarship Endowment Fund in honor of the school’s 20th anniversary and to commemorate Patricia’s founding role and continuing contributions to FASPS. As the first endowment fund in the school’s history, it will be used to provide tuition assistance to families, ensuring the diversity of our school. An endowment is a permanent fund that ensures ongoing financial support typically for a specific purpose at an institution. The gifts raised for the endowment will be permanent and the foundation for our scholarship program for generations to come. In October 2016, the Board approved the 2016-21 Strategic Plan which includes a commitment to grow the endowment from $320,000 to $1,000 000. Only when it reaches the 1 Million benchmark, will the school be able to use the fund’s dividends towards scholarships for eligible families. The French American School of Puget Sound strives to make its programs affordable to all families. Tuition assistance enables the school to enroll students who would not otherwise have access to the bilingual education offered by FASPS because of financial constraints. The extension of this aid makes the school more affordable, fostering a more socio-economically diverse student body.