For this project, we were tasked with explaining broadly how Phillips Exeter Academy's finances work. We also had to answer some frequently asked questions about our endowment, tuition, and giving. Among our alumni community, it's common knowledge that we have a robust endowment of over $1 billion dollars. We sought to show that while our endowment is indeed strong, constraints within the structure of the endowment prohibit us from using more than a small percentage for annual operating costs. The ultimate goal was to remind our viewers of the importance of gifts to our annual fund, The Exeter Fund.
From the Judges
The video project by Phillips Exeter Academy stands out for its clear communication of complex financial topics, strategic use of humor, engaging narration, and visual emphasis with graphics. It is not easy to explain endowments and annual funds concisely! It effectively encourages alumni to contribute to The Exeter Fund.
