Endowment

Co-op in the Pines would like to express their heartfelt appreciation to Neal Waner for his generous offer to set up an endowment. Not only has he donated his services, he has also traveled to Big Bear to attend board meetings and volunteer expert financial advice.

Upon graduation from college, Neal went directly into financial planning.  He actually got his first securities license (the series 7) while in college and now manages eight securities licenses or registrations.  He’s been in business for eighteen years, and his Redlands office, Stout and Waner, manages $140 million on behalf of 600 corporate and individual clients. 

With Neal’s help, Co-op in the Pines is planning for the future in order to ensure longevity of our beloved pre-school. An endowment allows us to earn the most out of our current savings and future donations. In 2003 our school made a commitment to ensuring financial security in the long term by transferring all savings ($5800) to the endowment, as well as 10% of  fundraising profit and donations. Although we depend on current donations to meet immediate needs, we will remain committed to ensuring Co-op’s future.