Did you know that tuition covers only about 70% of the total cost of educating a child at St. Mary’s School? We rely on the generous support of many people who are committed to our school’s academic excellence in a Christ-centered environment. Having an endowment fund helps us to contain tuition costs and to make a St. Mary’s education available to as many people as we can.
The St. Mary’s School Endowment Fund was established in 1994. An endowment fund comprises capital that is set aside permanently so that the interest can be used on an annual basis. Because an endowed gift is one in which the principal is never touched, the fund gives our school security and allows you to invest in the future of St. Mary’s School. The goal is to have the fund reach $1 million before regular, annual disbursements will be used to offset school expenses and provide student scholarships.
How can you help us to ensure that St. Mary’s School can continue to thrive to educate mature Christian future leaders?
- Pray daily for St. Mary’s School and its students, families, teachers, and staff
- Consider including the School Endowment Fund in your estate planning
- Make a gift or pledge to the Endowment Fund
- Recommend the school to your friends, family, neighbors, parishioners, and co-workers. A strong enrollment is always good for the school!