Saint Peter Parish Education Endowment Fund …It DOES make a difference

An Endowment fund for Saint Peter Parish is being established to promote Catholic values, education, and student development. An endowment fund is an investment or savings account which generates interest that can be used to fund and ensure the future of an organization. The purpose of the endowment is: 1) to help keep tuition affordable 2) to provide tuition assistance and 3) to reduce dependence on the parish collections.

 

Our goal is to raise a minimum of $100,000 per year with the ultimate goal of having $1,000,000 in Endowment.






Any gifts to the Endowment Fund are directed as principal to be used in a professionally managed investment portfolio. While the principal will always remain in investment, the earnings and dividends can then be used by the Endowment Fund's Advisory Board to pay for education expenses.

Thus, each gift creates an unending legacy of support for Catholic education at St. Peter Parish.

Why Catholic Schools?

• Pope Francis calls Catholic education one of the most important challenges of the church.
• Catholic education’s aim is for full development of children.
• Catholic schools set high expectations with a challenging curriculum.
• Students from Catholic schools hold a proven record of academic excellence.
• Catholic school students score higher on virtually all outcome measurements than their counter parts in public school.
• Promotes leadership through self-discipline with moral values to serve others.
• Prepares students to be productive citizens and good stewards of resources.
• Assists in the total faith formation of children.