In 2007, St. Mary’s conducted a Capital Campaign entitled “Investing in our Future”. The goal was to build up an Endowment Trust. The campaign initially generated about $600,000. In November 2011, it gained official status as a legal corporation. As of December 31, 2018, market growth and additional donations had brought the total value up to $1,088,637.30.

The purpose, as stated in our Endowment document, is as follows: “(a) Primarily for the reduction of school tuition at St. Mary’s Elementary School; (b) secondarily for tuition reduction at the Regis Catholic Schools’ Middle School and High School; and (c) for assistance to parish members attending Catholic Seminaries for the express purpose of ordination to the priesthood.”

As with every endowment, we never touch the principal. The idea is to receive annual distributions from the market earnings, year after year, while not spending the original gift. As a general rule of planning, you can hope to receive 4% annually. In other words, our Endowment should yield us at least of $40,000 per year in tuition assistance, as long as God blesses us with a parish and a nation.

We’d like to ask you to prayerfully consider making a donation to the St. Mary Parish Endowment Trust as part of our Fr. Wilger Annual Appeal.

You can donate online via PayPal using the “Donate” button below. You can also donate by contacting St. Mary’s Parish office at (715) 855-1294 or at [email protected].
 

Donate to Endowment Fund