Xavier Foundation, Inc.
To donate to a Xavier Foundation, Inc. named scholarship, please mail a check to:
Xavier College Preparatory
Attn: Xavier Foundation, Inc.
4710 North Fifth Street
Phoenix, Arizona 85012
At this time, the Xavier Foundation cannot accept credit card payments.
The Xavier Foundation, Inc. exists to provide for the long-term prosperity and fiscal health of Xavier College Preparatory by substantially enhancing the financial resources available for key areas of the Xavier education: scholarship, faculty development, capital projects and technology.
Assets of the Foundation have grown to approximately $3.8 million as of December 31, 2017. Currently, there are 33 endowed scholarships providing financial support to 41 students. Scholarships totaling more than $135,000 were awarded for the 2017-2018 school year and nearly $2,000 was provided to the Xavier to support faculty development.
- Class Funds
- Frank and Laura Santos and Jacqueline Santos Running ’64 Memorial Scholarship Fund
- Jennifer L. Kovar Chase Memorial Fund
- Jill Ann Darcy Scholarship Fund
- Judith Grimes-Priebe Scholarship
- Kristi C. Anderson Student Leadership Award Fund
- The Courage Scholarship
- The Joel Cohen Family Scholarship
- The RT Foods, Inc. Scholarship
- Wallace Fund
Xavier’s Director of Advancement serves as Trustee of the endowment at all times and works closely with donors interested in creating a named scholarship. For information about establishing a scholarship through the Xavier Foundation, please contact Polly Fitz-Gerald at 602.240.3131 or firstname.lastname@example.org.
The Foundation is governed by a volunteer run Board of Trustees, which currently meets three times per year. The Endowment Advisory Committee, a committee of the Board, serves to analyze the Foundation’s assets and investments and make recommendations accordingly. All final investment decisions are voted on by the Board. The Foundation’s endowment is also managed by a professional money management firm.
The Foundation’s current spending policy only allows spending from endowment earnings each school year. This amount must not exceed four percent of the average market value of invested assets over the 36-month period, ending December 31, preceding the start of the school year.
Gifts made to the Xavier Foundation, Inc. are irrevocable.