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Saint Francis Fund Turns $15,000 Snap Into $34M

8/13/2026

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Summary

Story summary

Saint Francis High School’s growth fund turned a 2012 $15,000 Snap investment into about $34 million after the March 2017 IPO.
Menlo School’s Menlo Venture Capital Endowment reported less than $1 million invested in 36 deals by June 30 2025.
The volunteer-run 501(c)(3) funds charge no fees, avoid capital-gains tax, and direct returns to tuition aid, teacher bonuses, and Silicon Valley entrepreneur exposure.

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Story summary

Saint Francis High School’s growth fund turned a 2012 $15,000 Snap investment into about $34 million after the March 2017 IPO.
Menlo School’s Menlo Venture Capital Endowment reported less than $1 million invested in 36 deals by June 30 2025.
The volunteer-run 501(c)(3) funds charge no fees, avoid capital-gains tax, and direct returns to tuition aid, teacher bonuses, and Silicon Valley entrepreneur exposure.