The Catholic Education Endowment of
St. Joseph Church

St. Joseph Church- Libertyville, IL

 
Education Endowment Questions & Answers (.pdf file)

 

      What is the Endowment ?


As each one has received a special gift, employ it in serving one another-as good Stewards of the Manifold Gifts of God.       1 Peter 4:10

 THE CATHOLIC EDUCATION ENDOWMENT FUND OF ST. JOSEPH CHURCH provides an opportunity to “employ your gifts in serving others” by helping to assure Continued Faith Formation for all ages in our journey together. These gifts can be direct bequests now or through a remainder contribution in your estate planning with a Charitable Remainder Trust or Charitable Gift Annuity. 

 When we contribute to an ENDOWMENT FUND, we provide a gift of property, income, or source of income, such as stock, to a person or cause that is meaningful to us.  An endowment is, perpetual, designed to live on forever, with spending limited to the market growth of the endowment such that the value of the endowment isn't depleted, after inflation.

Our ENDOWMENT FUND is a legally incorporated entity, governed by prescribed officers, for specific and restricted purposes. The Articles of Incorporation specify that the fund’s assets must be “used solely for the Catholic Education of parishioners of St. Joseph Church, exclusively for charitable, religious, scientific, literary, or educational purposes within the appropriate IRS codes.”

 Being a Good Steward may be sharing gifts of stock, property, or cash with our ENDOWMENT FUND, with all benefits limited to the education and faith growth for parishioners of all ages.

 We have all “labored hard long years in the Lord’s Vineyard” through various ministries and volunteer efforts to Catholic Education for our children, teens, and adults. What better legacy to leave, than a contribution to our Endowment Fund, knowing that its use will be well managed to carry on Catholic Education. This is a gift that will continue to share your time, talent, and treasure with future generations.

 If you have further questions about our Education Endowment Fund or how you can best plan to contribute to it, please contact Dave Leaman, Coordinator of Development at 847-362-2073x223 or e-mail to dleaman@stjoseph-libertyville.org.

 

 

 

What is the Endowment? Endowment Fund
Value & Grants
 Endowment Board

St. Joseph Church- Libertyville, IL