For more than a decade, we've been quietly building an endowment for our children.

To relieve the pressure on St. Mary’s Catholic School to continuously raise money for its own day-to-day operations, the Foundation is gradually assuming those duties. Currently, the school’s own fundraising addresses the immediate needs of operation, but as those funds go directly to the schools budget, they are not being invested for long-term benefits.

Once the Foundation is able to sustain the school in the long term, the school’s independent fundraising efforts can be directed toward academic initiatives and special project drives, such as new playground equipment, technology, or field trips.

The Giving Power of Immediate Need Donations vs. Endowment Fund Donations

IMMEDIATE NEED DONATION

You generously give $100

infographic-arrow

infographic-1

Your $100 helps a disadvantaged child access a quality, Catholic education that will affect him or her for a lifetime.

infographic-5

Your $100 replaces a few burned out light bulbs at St. Mary’s, enabling the school building’s day-to-day operations to support the students’ learning.

ENDOWMENT FUND DONATION

You generously give $100

infographic-arrow

infographic-2

Your $100 is added to the Foundation’s growing endowment fund and invested wisely.

infographic-4

Since it is invested (and not immediately spent), your $100 earns interest in perpetuity. A percentage of the interest earned by your $100 is given to St. Mary’s annually. Your original $100 stays with the principal and is never spent.

infographic-3

Over the years, as the endowment grows, the interest earned by your original $100 is spent on helping many students access a quality, Catholic education, or purchasing many light bulbs—potentially affecting countless children in the future.

General and Scholarship Funds

The Foundation’s endowment grows and maintains a general fund and a scholarship fund so St. Mary’s Catholic School will continue to exist and be affordable to those who attend. Undesignated gifts to the Foundation are split 70/30 between the General and Scholarship Funds respectively.

 

GENERAL FUND

The General Fund seeks to support the general operations of St. Mary’s. This fund helps with the cost of books, supplies, teacher and staff salaries and benefits, utilities, maintenance, and improvements.

SCHOLARSHIP FUND

The Scholarship Fund seeks to assist qualified students and their families with tuition. The school awards the actual scholarships from the grant given them by the Foundation, enabling children to access an affordable, faith-based education.

Testimonials

The Foundation’s continuing financial support of the school ensures that children can achieve excellence through the education of their “whole being.” Encouraged by faith and bestowed with a reverence for life, St. Mary’s students help to shape our society as adults and community members.

Patrick-Lane-Testimonial

PATRICK LANE, Principal

“St. Mary’s School Foundation is a vital part of our school’s operating budget and scholarship fund. Every year the Foundation has supplied the school with needed funds to cover the cost of unforeseen issues that we would not have been able to pay for out of the general budget. The money has been used to pay for a ten thousand dollar furnace repair, a four thousand dollar handicapped door repair, needed technology and security upgrades and staff training to name a few. The importance of the Foundation is most evident when I have meetings with parents that have tears of joy because the Foundation is making it financially possible for their children to attend St. Mary’s.  If it wasn’t for the Foundation, we would be unable to reach our educational and spiritual goals.”

Father-Ray-testimonial

REV. RAY RODRIGUEZ

To this day, I rely on the witness, teachings, and wisdom that I gained in my years at St. Mary’s and Seton Catholic. I am so happy and blessed to be a priest! God gave me a chance to give back from 1996 to 1999 when I actually got to teach religion classes at St. Mary’s and to serve at St. Mary’s Cathedral. Those years were such a gift to me!”