LEF is interested in expanding its list of potential investors whose interests and values match these criteria. Your help in connecting us with potential funders would be greatly appreciated.

How the Funds Will Be Managed
The Lasallian Education Fund will engage both an investment advisor and an investment manager. The Christian Brothers, whose own endowment for the perpetuation of the order is significant, have drawn on the talents of highly capable fund managers and advisors to maintain and grow their resources. LEF will utilize these same financial advisors and managers with separately managed accounts which will ensure that LEF will be advised and managed separately. An "arm's length" relationship will be established and maintained through a Memorandum of Understanding.

All donors to LEF can be assured that their money will be managed wisely and with the appropriate balance of conservatism and growth in the investments into which the money is placed. Regular reports to donors will be part of the management of LEF.

Funds given as endowment will be invested in long-term instruments, and half of the annual earnings (or a minimum of 4%), averaged on a three-year basis, will be put directly into scholarship programs. The other half of the earnings will be retained in the endowment principal to assure growth and guard against loss.

Funds given by donors with the instruction that they are to be allocated in the year in which they are given will be placed in an interest-bearing account until such time as they are distributed to scholarship awardees.

How the Funds Will Be Distributed
The Board of Trustees of the Lasallian Education Fund will appoint a Distribution Committee. Institutions will submit proposals for scholarship funding for students in need at their schools. An application process and form will be developed and distributed to all Lasallian schools/programs in the Western Region. This same form will be revised and used as the program expands globally. The Distribution Committee will review the applications and make awards based on merit, need and other considerations yet to be determined. Conversations with the principals/program managers will be part of the review process, and, in some cases, the Committee may wish to meet with the applicant students themselves. As LEF grows, more scholarships can be awarded. And, as costs of education continue to increase, the size of the scholarships will be increased as well.

Principals and program managers will be accountable for the allocation of the funding to the student(s) for whom they have requested funding. Annually, they will submit a report to the Distribution Committee providing information about the impact of the scholarship funding on the student(s) supported by LEF.

How the Impact of Funding Will Be Evaluated
In addition to the annual reports from the principals, student recipients will be asked to provide feedback on the value of their educational experience and the difference it has made in their lives. Longitudinal studies of the success of these students will be maintained through annual questionnaires sent to the students, so that the long-term impact of the funding can be assessed.

Where scholarships are now being given, the testimonials are clear: for young people of all ages, beliefs and socio-economic backgrounds, the Lasallian educational experience has provided academic, social, creative and personal opportunities that are truly life-changing.