Hilltop Investments Moved to Socially Responsible Funds

Hilltop Investments Moved to Socially Responsible Funds

By Tamara Mount, November 7, 2014

The Hilltop board is pleased to announce that we have recently moved our investments into a socially responsible portfolio that will be managed by the local firm Prentiss Smith and Company.  They evaluate companies from a variety of perspectives including environmental impact, executive management transparency, demonstrated long term planning, and the societal benefits of their products and services.  This move now puts our investments in line with our mission and goals to be good stewards of the environment and the community. It comes at a time when we have completed current new building expenses and are now focussed on protecting and growing our “Campus Reserve Fund” to maintain our beautiful facilities. We will also be preparing for an “Endowment Fund” to help ensure continued financial aid for future students. An endowment will not only ensure economic diversity by supporting financial aid, but it also creates long term financial stability for the school. This move is something the board has been interested in doing for some time and we are pleased to now be in a position to make such investments.

Additional Words from Board Treasurer, Rich Wolfe

In response to being asked why he chose to serve on the board and how he views his role as treasurer, Rich said “As newcomers to the area and the Hilltop school community,  we were so pleased with the way Greta was welcomed into her new Middle School class, and the experience she was having with her teachers. Katy and I have had a long relationship with Montessori education (Katy also attended Montessori school and worked at the schools where our son, Robbie, was in programs from toddler – 8th grade) and we immediately recognized the quality of the program at Hilltop. We wanted to support the school in whatever way we could, and I think my role as treasurer is logical because I have worked in finance my whole life (starting when I was in middle school and my father gave me the responsibility of managing our household finances). My hope is that as treasurer I am able to communicate with the greater school community about Hilltop’s financial health and help plan for the school’s future.”