No child should be denied a Catholic education because of economic need.
Our Endowment Fund began in 1984 out of a growing concern for the rising cost of a quality Catholic school education for our children. The goal of the fund is to provide a consistent source of revenue for the school to ensure access for all. We have created a strong, three-source financial foundation for our school: parish support, tuition, and the Endowment Fund.
One distinguishing characteristic of our Endowment Fund is that we only disburse funds from the investment earnings, not from the principal balance (total of all gifts to the fund).
- Since inception, the Endowment Fund has provided over $1,500,000 in School support.
- The targeted Annual Distribution Rate is 4%, based on the average balance over a 36-month period.
- The annual average benefit per student (~450 students) is $200.
Oversight of this fund is provided by the Investment Committee, a sub-committee of Finance Council.
How to Give
One-time gift: Make a gift online or drop a donation at the Parish Center during normal business hours.
Offertory: There’s the option to donate directly to MOV each month, weekly or as desired through envelopes or online giving.
Gift option: Perfect for a graduation, holiday, or memorial gift—the gift that keeps on giving
Leave a lasting legacy: Consider this fund in any will or estate plan.
All donations to this fund are tax deductible.
If you’re seeking more information or want to make a gift, please contact Jeanne McLellan, by email or phone at (608) 231-4604.