Episcopal High School

Episcopal High School

The Protestant Episcopal High School in Virginia, established in 1839 just outside Washington, D.C., operates as a 100% residential co-educational boarding school. Its endowment is governed by a board of trustees and an investment committee that includes prominent alumni: Lee Ainslie of Maverick Capital, Zack Bacon, and Kathryn George of Brown Brothers Harriman. The late Julian Robertson, the founder of Tiger Management, was both an alumnus and a major benefactor, embedding a deep hedge-fund lineage in the school's philanthropic and investment DNA. The Lettie Pate Evans Foundation and the William Stamps Farish Fund are significant long-term grantmakers backing the institution. Endowment strategy spans venture capital, buyout, and fund-of-funds commitments, with a stage appetite running from seed to late-stage expansion. The fund deploys capital through both direct investments and fund commitments across North American managers. Categorized investment types include philanthropic and mission-related investing, reflecting the school's stewardship of a campus that includes dedicated faculty housing, a health center, and the Ainslie Arts Center — funded by the Maverick Capital founder. No individual portfolio company positions were publicly disclosed. The endowment's low-eight-figure estimated corpus is housed within The Protestant Episcopal High School in Virginia structure, with no separate investment management entity. Charley Stillwell leads the school as Head of School and President of the Board. The fund does not publicly report team headcount or maintain satellite offices, and no adjacent vehicles like a separate foundation or co-investment club have been disclosed beyond the endowment itself. The structural distinction is governance by practicing investment managers. Three of the four named investment committee members identified by Altss — Ainslie, George, Bacon — hold senior roles at established asset management firms, a concentration unusual for a school this size. It creates a direct pipeline to manager access and allocator judgment shaped by practitioner experience, rather than outsourced OCIO oversight. Succession risk and decision rights within that committee remain undisclosed, and the endowment does not publish annual reports or investment-committee minutes.