The endowment at Milton Academy includes more than 370 restricted and unrestricted funds held in perpetuity and invested for growth. The endowment is the financial bedrock of the School, and as of June 30, 2012 was valued at approximately $190 million. In 2011–2012, donors made gifts to the endowed funds, scholarships, and prizes listed below. For more information about endowed funds, please contact Ann-Margaret Caljouw, director of stewardship, at 617-898-2379.
A. Howard and Susan Abell Fund
Established in 1973. The income is used to benefit the Music Department.
Louis Andrews Memorial Scholarship Award
Established in 1974. The income benefits a student in Class II who has best fulfilled his or her potential in the areas of intelligence, self-discipline, physical ability, concern for others and integrity.
Talbot Baker Award
Established in 1968. Income is “to provide a living memorial based on a confidence in the humanity of teachers and the quality of teaching.”
Joseph W. Barry, Sr. Memorial Scholarship Fund
Established in 1996. The income supports a US born student in need of financial aid.
Nina Livermore Boden ’77 Fund
Established in 2001. This endowment supports the Art Department. The fund will be used to either name a new space in the art department or endow other special needs in the area. The income cannot be used until designated.
Ebenezer Francis Bowditch ’31 Scholarship
Established in 1990 to enable students of different cultures to attend Milton Academy.
Dr. Robert LeSourd Bradley ’64 Archeology Fund
Established in 2001. The income funds a student on an archeological dig. The income is used biannually, beginning in 2008.
The Cabot Endowed Fund
Established in 2010 to support the teaching of sustainability.
The Henry Warder Carey ’39 Prize
Established in 1945. The income funds an award to members of Class I, who in public speaking and oral interpretation have shown consistent effort, thoroughness of preparation, and concern for others.
H. Adams Carter ’32 Outdoor Education Fund
Established in 1996. The income of this fund is used to provide for the Outdoor Program.
The Henry and Thelma Castro Scholarship
Established in 1996. The income may not be spent until the fund reaches $100,000.
Chan Family Endowment
Established in 2008, to support faculty, scholarship, and the residential life activities of Millet House.
Class of ’52 Endowment for Religious Understanding
Established in 2002 to provide one or more forums for the discussion of the diverse faiths that exist in the United States and throughout the world.
Class I Endowed Fund for Faculty Support
Established in 2007–2008 by the parents of the Class of 2008. The income will support curriculum development and professional development for Milton Academy faculty, providing opportunities for faculty to expand their thinking about their craft.
Cox Endowment Fund
Established in 1974. The income supports the library.
Douglas and Cynthia Crocker Scholarship
Established in 2007, the income from this fund will provide a full scholarship for an Upper School student who best exemplifies intellectual curiosity, academic achievement, collegiality, and athleticism.
Robert and Louise Cunha Scholarship
Established in 2011 by Robert ’83 and Katherine Cunha in honor of his parents. The donor’s preference is for the fund to support a deserving student who is the child or grandchild of first generation American citizens or whose parents are teachers.
The Robert L. Daley Prize
Established in 1984. The income supports a prize in the Classics to the student from Latin 4 or beyond who best exemplifies Mr. Daley’s love of language.
David C. Dudley ’45 Scholarship Fund
Established in 1945. The income is for a scholarship for one or more Milton Academy boys from the first year they receive the scholarship through the year of their graduation.
Endowment Fund
Established in 1887. Placed in endowment, the income is unrestricted. Trustees may also use the principal if they choose.
Endowment for Faculty Support
Established in 1995. The income from this fund goes to faculty salaries, curriculum development, faculty professional development, faculty chairs or stipends. It was created as a “pooled” fund for those unable to meet minimum funding requirements.
The Mary Ilsley Farnham ’29 Fund
Established in 2010 to honor Mary Ilsley Farnham’s commitment to Milton. The income funds a scholarship for a qualified student each year.
Thomas and Frances Flaherty Scholarship Fund
Established in 2008, the income funds a Class II boarding student who exhibits athletic and academic excellence and has earned the respect of teachers, coaches and peers.
The Edwin and Marcia Fredie Teaching Endowment
Established in 1999. The income is used to fund future curriculum initiatives and the preservation of Milton’s Art Collection at the discretion of the Head of School.
Fund for Academic and Athletic Excellence
Established in 2008. The income provides financial aid to a female athlete participating in varsity soccer. If such a girl cannot be identified, the scholarship will be granted to another female athlete. The recipients will be chosen by the Director of Financial Aid in coordination with the Director of Athletics.
General Scholarship Fund
The fund includes the accumulation of many gifts in the last 50 years which have indicated an unspecific preference for scholarship.
Gerney Family Fund
Established in 1998 to provide financial aid to a needy boarding student.
Melissa Dilworth Gold ’61 Visiting Artist Fund
Established in 1992. The income only from this fund is used by the Art Department to bring a nationally recognized artist to the campus each year.
Grossman Family Fund
Established in 1992, the fund provides a full range of faculty support in the areas of Math and Science, English and creative writing, and the Classics.
Roger Hallowell ’28 Memorial Fund
Established in 1991. The income of this fund supports a scholarship for a science student to attend a three week program each summer through Sea Education at Woods Hole.
Harlow Keith and Elizabeth Otis Hammond Scholarship
Established in 1968. The income partially supports one or more boarding students who are sons of Boys’ School graduates.
Eric and Mary Hartmann Fund for Faculty Enrichment
Established in 1987. The income is used at the headmaster’s discretion to aid faculty members with unusual or extraordinary needs.
Head of School Award
Established in 1953. The income, used at the Head of School’s discretion, pays the costs of the school which the regular budget might not cover.
Benjamin P. Hermann ’91 Memorial Music Fund
Established in 1994. The income pays for string orchestra coaches from the New England Conservatory School of Music.
Ralph Hornblower Memorial Scholarship Fund
Established in 1986. The income benefits a male scholar athlete.
Kellner Scholarship
Established in 1987. The income funds a scholarship, with preference awarded to children of employees of not-for-profit educational institutions.
Korean Fund for Teaching
Established in 2011 by a grateful family from South Korea, this endowed fund provides support for faculty members, which is allocated at the direction of the Head of School.
Korean War Memorial Scholarship
Established in 1956. The income funds a scholarship for a student, preferably from developing countries or regions.
Samuel M. Lane ’27 Scholarship
Established in 1967. The income funds a scholarship intended for a boy or girl in the Upper School, and offers tuition support through graduation.
The Lorber Family Scholarship
Established in 2004. The income supports financial aid.
David ’41 and Joseph ’52 Loring Scholarship
Established in 1978. The income supports a student in the day school, paying partial tuition from the year the student first receives the scholarship until he or she graduates.
Lyman Fund for Media Development
Established in 2012. The fund will provide budget augmentation for the film courses or courses in the Visual Arts which promote the development, study and understanding of the moving image.
Abigail B. Mackey Scholarship Fund
Established in 2001. The income provides financial assistance for one or more female students, entering Milton in 10th or 11th grade, with a demonstrated interest in mathematics or science, a clear need for financial assistance, and a background that differs from the usual.
Frank D. Millet Chair in Admissions
Established in 1995. The income supports the Director of Admissions position.
Frank D. Millet Scholarship
Established in 1997 to support a student with financial need who has attended Milton Academy for at least one year; a student who demonstrates high moral integrity, is supportive of classmates, and has established meaningful relationships with peers and faculty. The Millet scholar is a student who by virtue of his/her character and deeds is an integral member of his/her Class, and holds great promise as a leader.
H. Reginald and Rebecca Lord Nash Scholarship
Established in 1980. The income funds a “motivated boy, with academic and athletic promise,” and remains with that boy until he graduates.
H. Willis Nichols, Jr. ’30 Scholarship
Established in 1986. The income funds a partial aid scholarship to one or more boarding students, preferably from middle income backgrounds, until they graduate.
Albert and Mary Lou Norris Memorial Fund
Established in 1982. The income pays the cost of school needs, as determined by the Head of School.
Norris Endowment
Established in 2009 with a gift from the estate of Thomas W. Norris, Sr. 1919. The funds are to be used as determined at a later date by H. Coleman Norris ’49.
Laurence S. Persky ’79 Memorial Fund
Established in 1981. The income funds a prize to recognize an outstanding effort of any type in any Milton publication.
Daniel Pierce ’52 and Polly Harding Pierce ’52 Scholarship
Established in 2005. The scholarship supports a student in Upper or Lower School and it remains with that student through their year of graduation.
Joseph Procter ’32 Golf Prize
Established in 1990. The income funds an award to the student who embodies the qualities of Mr. Procter, whose love of the challenge and etiquette of golf enriched his life and the lives of his friends and family.
John Sherburne Reidy Day Scholarship
Established in 1999. The income supports a day student scholarship. The fund must reach $400,000 before it is fully funded.
Margaret Filoon Robertson ’56 Music Fund
Established in 1996. The fund supports travel for music groups. Pre-tour concert is named for honoree.
Beatrice Rugo Family Scholarship
Established in 1992. The income provides general scholarship aid to any student who qualifies under the Academy’s standards of academic achievement and need for financial assistance.
Albert J. Scullin ’55 Scholarship
Established in 2005 to support a general scholarship.
Nina Seidenman Endowed Fund
Established in 2008. The scholarship supports local inner-city students.
S. E. Skinner, Jr. ’47 Scholarship
Established in 1970. The income is intended for an Upper School boy until the year he graduates.
Henry E. Stebbins Scholarship Fund
Established in 1997. The income is to provide partial or full financial aid to a day or boarding student who demonstrates financial need. The income of this fund should not be used until funding reaches $200,000.
Richard Stevens Squash Fund
Established in 1985. The income is to offset the costs of building and maintaining the Williams Squash Courts.
Herbert G. Stokinger 1924 Fund for Physical Education
Established in 1995. The income is additional support over and above the regular budget for the Milton facilities.
David S. Stone ’70 Endowed Fund for Science Enrichment
Established in 2005. The fund is to first provide essential support in the area of program enrichment through alliances with the regional scientific community, and provide financial support to enable the extraordinary student to participate in these opportunities. The fund’s specific use would be determined by the Science Department Chair in consultation with the Head of School.
Swim Team Endowment
Established in September 2006 to support the swim team and eventually construct a pool on campus.
Lawrence A. Sykes Scholarship Fund
Established in 2008 to support diversity within the Upper School day student population.
Samuel S. Talbot II ’65 Memorial Fund
Established in 1993. The income enhances Milton’s efforts in teaching members of the community about affective behavioral issues.
H. C. Ting Memorial Scholarship Fund
Established in 1990. The income benefits a student throughout his or her career at Milton.
Thomas C. Wales ’70 Scholarship Fund
Established in 2003. The endowment is restricted until the donor designates a purpose. The fund must reach $25,000 before income can be used.
The Edward W. Weld Scholarship
Established in 2007, this fund is to aid students who require financial assistance to attend Milton Academy and to honor the memory of Edward W. Weld.
Williams Squash Prize Fund
Established in 1972. The income of this fund is used to award the Albert C. Williams Prize bowl to the winner of the All-School Squash Championship: the Ralph B. Williams, III prize bowl for the MVP boy in squash and the Ralph B. Williams, Jr. Prize bowl for the MVP girl in squash.
Yip Family Endowment
Established in 2011 by Kevin Yip ’83 and Ka-Hay Yip ’89, the Yip Family Endowment supports Milton Academy’s general operations.