CLEVELAND LUTHERAN EDUCATION ENDOWMENT FUND
Established in 1985, the Cleveland Lutheran Educational Endowment Fund (CLEEF) has provided the high schools with additional income necessary to meet the day-to-day operational costs associated with running our two schools.
A strong endowment provides income for operating expenses that would otherwise need to be raised through tuition increases. Today, the market value of CLEEF exceeds $5.1 million. Over the past 25 years, this investment has generated over $3.7 million for the operating budgets of our high schools. Without this income stream of third source giving, the burden of covering operating expenses would fall on our families.
The Cleveland Lutheran Educational Endowment Fund is generally funded through planned gifts. We invite you to share in the future of the Cleveland Lutheran High School Association by remembering this ministry in your charitable giving or deferred gift planning.