A strong endowment provides LJCDS with a steady source of revenue, which supports all aspects of the school. Unlike Country Day Fund gifts, which are used to fund the school’s operating costs, the principal of an endowment gift is preserved and provides income in perpetuity. Endowed funds are invested and independently managed. The finance committee, in partnership with the head of school, CFO and board of trustees, oversees the investment policies and procedures. All surplus funds generated from the Parents Association will be donated to the school’s general endowment.