In February, Board of Trustees President Jim Pierce had the pleasure of announcing a significant leadership gift from Steve ’62 and Missy Kasnet P’95. Leading by example, the Kasnets have demonstrated an early commitment to the Academy’s Capital Campaign with this gift of $645,000.
The Kasnets have designated several key areas of support for the Campaign that include The Governor’s Fund, the endowment, and capital projects. As established and experienced philanthropic supporters of the Academy, the Kasnets have chosen to designate the bulk of their gift to support unrestricted endowment. By doing so, they are providing the Academy with the flexibility to fund areas that are deemed most critical, and that will ultimately provide maximum benefit to the school.
“Having experienced Governor’s for several generations, including my years as a student as well as those of our nephew and son, we are committed to ensuring that future students’ opportunities to benefit from this special institution endures. The qualities of respect for others, and leadership skills are critical elements in this family school,” said Steve.
Of their decision to support the campaign and specifically the general endowment, Steve said, “I have been fortunate to have been in a position to devote the majority of the years since my graduation serving the Academy and supporting its mission. Missy and I want the Academy’s help to ensure that this 254-year legacy of leadership is maintained and strengthened. Our recent gift and commitment to future support to the general endowment fund will help ensure the financial well-being and leadership among its peers.”
The Kasnets’ generosity and support, along with others who are joining the campaign, will continue to bolster the Academy’s general endowment. An increased endowment will strengthen the school’s ability to recognize and support our talented faculty and will expand the Academy’s financial aid program, providing access to a Governor’s education for those who will most benefit from and contribute to the school’s community, regardless of financial capacity.