​Would you like your gift to benefit local families in need year after year? Consider making a gift to the Preschool Advantage Endowment.
​For more information, please contact Anneke Demarest, Director of Development, at 973-532-2501 or email [email protected].


The Endowment of Preschool Advantage Inc ("Endowment") was established to support the core mission of the organization - funding quality preschool education for children of families in need in Morris and northern Somerset Counties and surrounding areas.  The purpose of the Endowment is to prudently invest funds that could grow and be used over time to support Preschool Advantage.

The Board of Trustees has approved an investment policy statement to provide a disciplined process to manage and maximize the benefit derived from the Endowment.


The endowment is funded by gifts designated by Preschool Advantage donors for the Endowment, as well as board authorized transfers from the Preschool Advantage operating account.

Investment Objectives

The funds are invested with disciplined long-term objectives and strategies focused on diversification and an appropriate level of prudence.  The management of the assets targets a total return (income plus capital appreciation) to preserve and enhance in real dollar terms the principal of the Endowment while simultaneously providing a dependable source of support for the core mission and operations of Preschool Advantage.  Specifically, the portfolio is managed to maximize the returns while maintaining an average three-year rolling risk profile, as measured by the standard deviation of the overall portfolio, equal to or less than the risk profile over a three-year time period of a 70/30 mix of the S&P 500 and the Barclay's Aggregate Bond Index.

Distributions to the Organization

No more than 5% of the average year-end fund balance for the preceding three years may be distributed from the Endowment in any given year without an affirmative vote of 90% of all members of the Board of Trustees.  For a copy of the Endowment Investment Policy Statement or to discuss the Endowment call the Executive Director at 973-532-2501 to discuss making a gift.