The 2008-2009 school year marked the 25th anniversary of the Wellington Schools Endowment fund. In 1983, former Superintendent Dr. James McGlamery had the vision to establish a school endowment to provide a stable source of funding for non required school programs, such as the fine and performing arts, athletics, and other extra-curricular activities. He realized that these were the first programs to suffer when budget cuts had to be made. With an endowment, these programs would be able to prosper.

Since 1983, the Endowment has grown from a dream to a tremendous asset for Wellington students. All contributions to the Wellington Schools Endowment qualify for a tax deduction by virtue of section 501(c) 3 of the Internal Revenue Code. The Endowment has grown to include over $1,305,000 in assets managed by the Community Foundation of Lorain County. Donations to the Endowment are never spent, but a percentage of the investment income is returned to fund teacher grants, scholarships, and the Dollars for Scholars program. Since 1987, when the first teacher grant was awarded, the Endowment has returned over $700,000 to benefit Wellington students. The Wellington Schools Endowment has grown to be one of the top five school endowments in Lorain County in terms of funds on deposit.  Nearly every student attending Wellington schools has participated in programs or activities sponsored by the Endowment.

The Endowment presently distributes grants and scholarships to Wellington students in three ways:
· Teacher grants
· Scholarships
· Saving for College

Board Make-up
The Endowment board consists of twelve members. Six members at-large each serve three-year terms. A representative is appointed for each of the following for a one year term: Board of Education; Alumni Association; Band Boosters; faculty, selected by the schools Superintendent; Junior and Senior classes, selected by the High School principal.