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• Foxborough Endowment Fund Summary <br />• <br />• <br />Initial endowment by developer $ 100,000 $ 100,000 <br />Estimated interest per year at 4% and 8% $ 4,000 $ 8,000 <br />Yearly homeowner's assoc. fees ($100 x 57 lots) $ 5,700 $ 5,700 <br />Estimated total available each year $ 9,700 $ 13,700 <br />x 20 x 20 <br />Value of fund over 20 years $ 194,000 $274,000 <br />Additional value of initial restoration work <br />in the conservation easement during development $ 40,000 $ 40,000 <br />Total value of endowment fund and <br />related ecological stewardship: <br />not including original $100, 000 investment <br />note: annual homeowner fee will increase every five years <br />by lesser of 10% or the Consumer Price Index <br />$234,000 $314,000 <br />