St. Joseph Endowment Funds

Making a difference

Generations of children have benefited from the gift of Catholic education from St. Joseph School. That gift has come from many sources: tuition paid by committed parents, significant annual contributions from St. Joseph Parish, vigorous annual fundraising, and the dedicated efforts of our school's volunteers, staff and teachers, and support from alumni.
Yet, the increasing cost of education makes an adequate source of Student Financial Aid a critical component of the St. Joseph School budget. Thanks to a group of visionary - and very generous - parents and friends of St. Joseph School, our school is fortunate to have a substantial and growing endowment.

The St. Joseph Endowment Funds comprise two private, nonprofit corporations:
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* St. Joseph Endowment Fund, incorporated in 1979

St. Joseph School Fund, incorporated in 1990
The Endowment Fund and Parish School Fund are governed by a board of directors consisting of the pastor, the principal of the school, the chair of the School Finance Commission, the president of the Parent's Association and a number of other benefoactors and friends of St. Joseph School
Directed Endowments
• Buildings and Grounds Endowment
• Educational Endowment
• Pastoral Discretion Endowment
• Social Outreach Endowment
• Technology Endowment
• Learning Resource Endowment
• Craig Boly/George Hofbauer Endowment
Endowment Opportunities
Scholarship Funds
The Scholarship Funds help families who would otherwise be able to afford St. Joseph School for their children. During the 2004-2005 academic year, nearly $67,000 in scholarship assistance has been made available because of our endowment.

Memorial Scholarships
With a minimum contribution of $20,000 (cash or pledge), a memorial scholarship may be established. The proceeds from the memorial funds are used for financial assistance for students to attend St. Joseph School. We have the following named financial aid funds:
• Genevieve Albers Fund
• Rachel Bench Fund
• Ellie Rolfe Fund
• Donna Romein Fund
• Donald Burke Fund
• Mark Owen Mullally Fund
• Catherine LaCugna Fund
Teacher Enrichment Fund
Created by thoughtful contributors during the school's 75th Anniversary Campaign, the Teacher Enrichment Fund is designated for support of faculty member's continuing education training, which in turn benefits the children entrusted to them. Since 1985, the Teacher Enrichment Fund has grown to approximately $380,000. with an annual distribution of approximately $12,000.
Make a lasting gift
A gift to the St. Joseph Endowment Funds will amke a difference in the lives of families and children long into the future. Your contribution in the form of cash, gifts of appreciated securities or other property, life insurance policies, and other bequests and legacies can mean a world to generations of children. For further please contact
George Hofbauer, principal of St. Joseph School.

On behalf of the children who will benefit from your genorsity, we thank you for considering a donation to the St. Joseph Endowment Funds.
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