LACROSSE ENDOWMENT

An endowment held by a non-profit organization such as Fordham Prep consists of funds that have been donated usually with a specific objective or purpose and then invested to generate income in perpetuity. Thus, the donation provides a long-lasting benefit to the organization, rather than if it were spent all at one time. Gifts of this type are classified as “pure” or “restricted” endowments, meaning that they must be used as originally intended/specified by the donor.

The funds that have been donated are not meant to be spent—nor are all of the earnings from the invested principal. A portion of the earnings is usually added to the principal; this is done to augment the endowment and to compensate for future inflation and possible economic downturns. The spendable income of the earnings is used for the purpose that the donor originally specified. Only endowment income can be spent. By law, the principal must remain intact in perpetuity.

Gifts to the endowment will be placed in the Fordham Prep Formation Foundation Trust. A robust Endowment is a measurement of the Prep's long-term strategic plans and financial sustainability.

PROGRAM HISTORY

Fordham Preparatory School has a very proud tradition when it comes to lacrosse. Started in 1989, Fordham Prep's program has always been one of the top lacrosse programs in the NYC Catholic High School League. It was not until 1993 that the Rams won their first city championship and from 1993 to 2003, the Rams would roll and win an impressive 11 straight city championships. Overall, Fordham Prep has won 16 city championships, the most recent coming in 2018.
In our historic 33 year existence, our players have achieved the highest awards in the CHSAA and in the United States. Fordham Prep lacrosse has been awarded with 27 All-Americans. Over the years, numerous players have gone and continued to play in college, including two who have won NCAA national championships.

CHAMPIONSHIPS

CAREER RECORDS

SEASON RECORDS