In 2003, the Estancia & TeWinkle Schools Foundation was formed as a 501(c)(3) organization to administer an educational endowment capitalized with a $1,000,0000 donation from C. J. Segerstrom & Sons. Like all endowments, this initial gift was intended not to be spent, but rather to be preserved and cultivated through careful investment. It is the interest income from the endowment which is spent for the benefit of students at Estancia and TeWinkle. This interest income, presently amounting to about $50,000 per year, is disbursed in annual grants to the two schools.
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