Review/Update Winter 2013 - Lake Forest Academy
Review/Update Winter 2013 - Lake Forest Academy
Review/Update Winter 2013 - Lake Forest Academy
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$23 MillionValue of LFA endowment as of February <strong>2013</strong>Endowment Endowment Endowment Endowment Endowment Endowment Endowment Endowment Endowment Endowment Endowment EndowmentEndowment Endowment Endowment Endowment Endowment 4%Budgeted draw onendowment (2012–13)$15 millionValue of endowment at start ofCampaign for LFA (in 2005)“I’m strongly in support of private education. Schools like LFA help children mature and learn andbecome prepared for college and life’s responsibilities. The education I received at Ferry Hallwas even greater than my college education; when I think of my teachers—Miss Houk, Miss Wallace,Mrs. Murphy—I realize how much these women influenced me and taught me how to think, howto discern right from wrong, and how to be independent. I spent four years at Ferry Hall and havelifelong friends from those days. I support today’s <strong>Academy</strong> because I want to see private schoolsavailable for students. I think that kind of educational background is a step up into college.”—Margi Iten Murphy ’56, P’79, Oconomowoc, WI(Margi is pictured with her husband, John)Annual fund, planned giving, and campaign supporter10 <strong>Update</strong> February <strong>2013</strong>