The St. Mary School Endowment Foundation is incorporated as a non-profit, with its own officers and directors. Established in 1987, the foundation is qualified under 501c3 of the tax code and contributions are tax-deductible as provided by law. Under the direct supervision of the Board of Directors, 5% of a three-year average balance is disbursed annually to St. Mary School.
There are three ways to direct your gift to the St. Mary School Endowment...
St. Mary School General Endowment Fund
General fund earnings currently support tuition assistance, operational budget needs, and other identified special projects. We welcome all donation denominations in support of our General Endowment Fund.
St. Mary School Stained Glass Society
Members of the Stained Glass Society are permanently honored with their name embedded on a window located in our school lobby. Benefactors donate a minimum gift of $2,500 over a five year period of time. A bequest or planned gift valued at a minimum of $10,000 also qualifies for membership.
St. Mary School Named Endowed Fund
Individuals establish a named endowed fund and determine the specific purpose, such as tuition assistance, professional development, athletics or teacher salaries. The parameters for a named endowed fund include contributing a total of $10,000 over a maximum of three years. Your fund name is displayed on the stained glass window located in the school lobby. You can continuously add to the fund over time.