Endowments are a great way to develop a legacy at your parish. By making an investment of at least $25,000 (payable over 5 years, if necessary), you create a gift that continues to give in perpetuity for the purpose you designate. Whatever is invested becomes the principal for the endowment. The Foundation invests these funds and make annual distributions to your parish for the purpose you intended (i.e. general support, maintenance, the choir, religious education, etc.) with the earnings generated from your investment. To find out more, give us a call.