Historic $1M Grant Awarded from the John A. McNeice, Jr. Charitable Foundation
Grant supports nationally recognized all-girls school with the largest gift to bolster endowment and tuition assistance in the school’s history.
In recognition of its unique mission and nationally recognized immersive character education
program, Montrose School, an independent school for girls in grades 6-12 inspired by the
teachings of the Catholic Church, received a grant of $1,000,000 from the John A. McNeice, Jr.
Charitable Foundation in April.
The majority of the grant, $800,000, will establish the new John and Margarete McNeice
Endowed Fund, which will bolster the school’s overall endowment and generate earnings to
support tuition assistance for Montrose students in perpetuity. The remainder of the foundation’s
gift will be utilized in the 2024-25 school year to supplement Montrose’s financial assistance
budget.
Margarete McNeice Portanova, executive director for the Foundation, shares, “As Executive
Director, as well as a parent of an alumna who greatly benefits from the education and
character formation she received at Montrose, it is my honor to be able to grant this gift through
my father’s foundation. His ultimate gift to me was the joy I received in fulfilling his dream to help institutions that support the importance of Catholic faith in every aspect of our life.”
Head of School, Katie Elrod, added, “This gift, the largest ever received for our school’s
endowment, marks a transformational milestone for Montrose and furthers our mission of
helping young women achieve academic excellence through character development so they
may discover their noble purpose and change the world for the good. We are exceedingly
grateful to Margarete and the Foundation for this recognition and generous support.”
At present, Montrose awards over $2,000,000 annually in financial assistance. The John A.
McNeice, Jr. Charitable Foundation’s generous grant helps to ensure Montrose maintains its legacy of being a school that is affordable, accessible and socioeconomically diverse for current
and prospective students and families.
Back
program, Montrose School, an independent school for girls in grades 6-12 inspired by the
teachings of the Catholic Church, received a grant of $1,000,000 from the John A. McNeice, Jr.
Charitable Foundation in April.
The majority of the grant, $800,000, will establish the new John and Margarete McNeice
Endowed Fund, which will bolster the school’s overall endowment and generate earnings to
support tuition assistance for Montrose students in perpetuity. The remainder of the foundation’s
gift will be utilized in the 2024-25 school year to supplement Montrose’s financial assistance
budget.
Margarete McNeice Portanova, executive director for the Foundation, shares, “As Executive
Director, as well as a parent of an alumna who greatly benefits from the education and
character formation she received at Montrose, it is my honor to be able to grant this gift through
my father’s foundation. His ultimate gift to me was the joy I received in fulfilling his dream to help institutions that support the importance of Catholic faith in every aspect of our life.”
Head of School, Katie Elrod, added, “This gift, the largest ever received for our school’s
endowment, marks a transformational milestone for Montrose and furthers our mission of
helping young women achieve academic excellence through character development so they
may discover their noble purpose and change the world for the good. We are exceedingly
grateful to Margarete and the Foundation for this recognition and generous support.”
At present, Montrose awards over $2,000,000 annually in financial assistance. The John A.
McNeice, Jr. Charitable Foundation’s generous grant helps to ensure Montrose maintains its legacy of being a school that is affordable, accessible and socioeconomically diverse for current
and prospective students and families.
An independent school for girls in grades 6-12 guided by the teachings of the Catholic Church.
