LPIE Annual Report 2023-24

THE LPIE ENDOWMENT

Given the inadequate and unpredictable level of funding for public education in the state of California, securing a consistent source of funding for our public schools is more crucial than ever. The LPIE Endowment is just that — a stable and secure solution that supports our schools today and into the future. Once the LPIE

Endowment reaches $10 million it will disperse a portion of its investment income to support LPIE programs in accordance with the Endowment Disbursement Policy. As the principal grows, so does the annual disbursement. This past year the LPIE endowment has grown by $4,164,026. The Endowment is a critical part of LPIE’s mission to provide our students with an exceptional education. We have the responsibility to ensure the LPIE Endowment continues to grow to support our schools, both today and tomorrow.

Endowment Growth May 2023 - June 2024

$6M

$5,294,076

$5M

$4M

$3M

$2M

$1M May ‘23 Jun. ‘23 Aug. ‘23 Oct. ‘23 Dec. ‘23 Feb. ‘24 Apr. ‘24 Jun. ‘24

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