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Mission


We grant advantage.

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Mission


We grant advantage.

The Edfund Mission

The Hamilton Wenham Education Fund is an independent, non-profit organization committed to advancing educational excellence in the Hamilton Wenham regional schools.

Building on the Past & Celebrating 20 years

The Edfund has a rich 20-year history and long legacy of support for our public schools. Established as a community initiative in 1990 with the principal goal of building a permanent endowment fund to perpetually support our public schools, we have built a strong foundation for their benefit. The vision of our founding members and your contributions over the past two decades have enabled the Edfund to fulfill its commitment to advancing educational excellence.

Making a Difference Today

The Edfund is a community of volunteers led by a board of directors consisting of 20 residents from Hamilton and Wenham. As outlined in our new Strategic Plan, the Edfund will be a leader in focusing community involvement and collaboration to advance education in our public schools. We sponsor "fun" and "fund" raising events throughout the year to build spirit and broaden participation in the community. The Edfund is a community effort, supported by hundreds of contributors and volunteers, local businesses and family foundations. We depend on support from people like you!

Planning for Tomorrow

The Edfund, through its Strategic Plan, will be enhancing its grant-making process to better enable our schools to access opportunities available to enrich the student experience. In addition to project specific grants, we are introducing a mini-grant program to provide smaller grants to faculty on a rolling basis. We will also expand our fundraising activities toward soliciting larger resources to fund these activities and continuing to build the endowment.

Thank You Hamilton and Wenham

The Edfund is powered by the contributions of dollars, time and commitment from residents of our two towns. Your contributions and involvement over the years have had a direct impact on the quality of education in our regional schools. This is what makes the Hamilton Wenham Edfund unique.

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Governance


Governance


Of the people, by the people.

The Edfund is a totally independent, non-profit, and volunteer-driven organization serving its supporters, who are committed to advancing educational excellence in the Hamilton/Wenham School District. The Edfund is governed by a Board of Directors consisting of 20 residents of Hamilton and Wenham. Directors are elected by the Board and are eligible to serve two three year terms.

Edfund Board of Directors - 2017-2018:

Officers

Committee Chairs

The Board of Directors has reorganized the Edfund's committee structure to implement and manage the initiatives outlined in its Strategic Plan. Each of these five committees is chaired by an Edfund Director and includes members from the Board as well as other members of the community who have expertise in these areas.

Our chairpeople and administrator are:

Board of Directors

And the rest of our fabulous Board of Directors.

Ex-Officio

Michael Harvey
Superintendent of Schools

Christmas Tree Sales Chair

Ed Schatz

Halloween Party Chairs

Jill Evers, Michelle Horgan

Past Board Members FY 1990 - 2017

Will Burns   Larry Griffin   Donna Gourdeau   Barbara Vanderwilden   Chris Campbell   Christina Comparato   Mela Lew   Heather Ryan   Charlie Guyer   Jim Cooper   Len Dolan   Carolyn Libelo   Michael Abbott    Claudia Frost    Michael McDougall   Dr. John Abramson    Daniel O. Gaquin    Marinel D. McGrath *   Patricia Alger *   Martha Gavin    Frederick Moseley III   Jeffrey G. Barlow    Sarah Gaylord    Rick Moseley   Dorie Barnard    Jack Good    Richard Mougalian   William Bartlett    Thomas Goodwin    Jeffrey Murphy   Jane Bellenis    Tracey Gould    Robert Nyland   Stephen Bergholtz   Connie Gourdeau    Lea Parson   Julie Bishop    Richard Gourdeau    Joanne Patton   Judith Bubriski    Alice Griffin    Michael Prior   Raleigh C. Buchanan *    Bonnie Hammerl    Kevin Puopolo   William Burridge    Alice Griffin    Donald Reed   Joseph “Jay” Butler   Bonnie Hammerl    Elizabeth Reilly   Andrew Calkins    Richard Hayes    Thomas Riley   Grace Chmura    R. Craig Henkels    Tim Robinson   Christopher Connolly    Suzanne Herlihy    Michael Ruane   Dr. Robert Cooley    Ed Hogan    William H. Safrin   Carrie Decatur    Nancy Hughes    Whitney Shepard   Tracey DeJong    Richard Ireland    John Shotwell   James “Chip” Denton    Paula Jerome    Elizabeth Stone   Dennis DiSalvo *    David Johnson    Wendy Tarricone   A. Winslow Dodge    Mark W. Johnson    Laurie S. Truschel   James Dolan    Diane Jones    Joseph Trustey   Gary Domoracki    Cathy C. Lanois    Kristine M. Trustey   Sandra Duryea   John “Jack” Lawrence Jr.    Susan Turnbull   MaryBeth G. Dyer    Fred Lebel    Debby Twining   Elizabeth Elder    William LePard    John Walsh   Steve Ellis    Charlotte Lidrbauch    David Welbourn   Deb Evans    Stephen Liquori    Lucinda Wilkins   Anita Evetts    Patricia Lucy    James Wiltshire   Irvin Falk    Pam Miles MacNaught    Susan Wiltshire   Tricia Fallon    Laney Makin    Leslie Zimring   Mary Jo Favazzo    Gardner McCormick    Ken Wilson   Anthony Feeherry    Pamela McCormick   Maureen E. Flores    Michael McDougall   Dr. Peter Frasca    Pamela McCormick

* Ex-Officio

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Endowment


Endowment


Assuring Future Competitive Advantages for our Schools

The Edfund has a rich 20-year history and long legacy of support for our public schools. Established as a community initiative in 1990 with the principal goal of building a permanent endowment fund to perpetually support our public schools, we have built a strong foundation for their benefit. In 2005 the Edfund achieved its primary goal of building a $1 million endowment to sustain support for our schools.

The vision of our founding members and your contributions over the past two decades have enabled the Edfund to fulfill its commitment to advancing educational excellence.

The Endowment as a Source of Revenue

Our endowment fund is an investment vehicle used to generate a permanent source of revenue. Annual fundraising activities and income from the endowment's investment portfolio helps it grow. The ultimate goal is to grow a sustainable endowment that will perpetually provide funds for grants from the income it generates.

Endowment Management

The Edfund retains a professional investment advisor to manage the endowment fund investments. Management of the fund is carried out under the guidelines of a written investment policy of the board. Edfund directors with professional investment experience serve as liaisons between the board and the investment advisor and monitor the performance of the endowment portfolio on an ongoing basis.

The Amount of Funds Available for Grants Each Year

The Edfund board calculates an annual percentage of the endowment fund balance at fiscal year-end to allocate grants to the schools. This is a traditional endowment funding formula that maximizes the benefit to our students today while ensuring the growth of the endowment for tomorrow.

FAQ


FAQ


Frequently Asked Questions:

Q. How long has the Edfund been in existence?

The Edfund was incorporated in 1990 and received 501(c)(3) status as a non-profit charitable organization from the IRS in February, 1991. A board of directors was created and populated with residents of both Hamilton and Wenham.

Q. How does a contribution to the Edfund differ from other fundraising for the schools?

Your contribution has a direct impact now and in the future. Much of the schools’ fundraising efforts, like the Friends groups, give everything they collect to the schools. These are important efforts and usually address a direct and immediate need. However, as more needs or shortfalls are identified, those efforts need to start again from scratch - not so with the Edfund.

Q. How does the Edfund impact our schools?

The Edfund exists to provide competitive advantages to our schools through carefully vetted grants. Since it’s inception the Edfund has funded more tha $1 million in grants to the school system.

Q. Why does’t the Edfund use the endowment to pay for school overrides, to fund teacher salaries, or to cover budget shortfalls?

For a few reasons. First and foremost, the central purpose of the Edfund is to create and grow a sustainable endowment that will provide funds for annual grants from the income generated by the fund. If we spent all of the money to address an immediate crisis, we would defeat that purpose. The Edfund was not created to fund ongoing school budget items, but rather to try to provide funds over and above what annual district school budgets can allow, resulting in unique or special programs or supplementary technology to improve learning opportunities

Q. How does the Edfund raise money to fund grants to the schools?

The Edfund raises funds at a variety of events throughout the year. For information about specific fund-raisers, and to learn about opportunities for you and your family to get involved, visit our events page.

Q. What types of grants are funded?

We fund those grants which are principally teacher and administrator driven which provide potent, often unexpected competitive advantages to our public schools. See a list of past grants here.

Q. What technology initiatives has the Edfund supported?

Technology purchases have included items such as computer labs, computer stations and laptops, Smart Boards, LCD projectors and digital cameras. iPads in the elementary school, an additional virtual high school classroom, a wireless network for the middle and high school, DNA machine at the high school.

Q. How can I support the Edfund?

There are many ways you can support the Edfund. From donating money to participating in our activities to volunteering to help us staff our events. Click here for lots more information about our Events.