Since Saint Stanislaus’s founding in 1854, alumni, parents, and friends have generously supported its efforts to provide an unparalleled education for its students.  While current-use gifts support the school’s immediate needs, the endowment ensures long-term sustainability. 

Saint Stanislaus’ growth from endowment income through investment returns and charitable giving over the years has enabled us to provide scholarships, to build a strong faculty, to support athletics, the arts as well as to support a wide range of important needs. 

what is an endowment?

Endowments are cash funds or other financial assets that are donated to Saint Stanislaus and are meant to be invested to grow the principal and provide additional income for future investing and support of the school.

Most endowments have guidelines stating how much of each year’s investment income can be spent. For Saint Stanislaus, this amount is about 5% of the endowment’s total asset value over the preceding five years.

Key takeaways

  • An endowment is a fund of money or other asset donated to Saint Stanislaus, which uses the resulting income for a specific purpose.
  • Endowment funds are established in perpetuity, meaning that no end-date for the fund is set.
  • Endowments are used by Saint Stanislaus to fund all ongoing operations including student tuition assistance.

Saint Stanislaus holds two types of endowments – restricted and unrestricted.

Restricted – Donors can decide to allot an endowment’s income to upgrade/repair facilities, to provide tuition grants, or to create programs and teaching positions that attract world-class educators to prepare young people for the future.

Unrestricted – Assets that can be spent, saved, invested, and distributed to fund the most critical immediate needs of the school in a given year. 

endowment funds

For the 2022-23 academic year, there are thirty-two endowments all of which are fully funded. An endowment must have a minimum corpus of $50,000 in order to be fully funded. A tax deduction is available for all gifts made to an endowment.

Fully Funded Endowment Funds
Alfred S. ’56 & Gail P Lippman Scholarship Faculty Enhancement Fund
Alumni Association Scholarship Faculty Formation Endowment
Brother Bennet Bishop Scholarship Hugh McCloskey Evans Scholarship
Brother Gunter Aucoin Endowed Scholarship Jack M. Kent, Jr. ’83 Endowed Scholarship
Brother Joseph Donovan Endowed Scholarship James R. Crosslin Endowed Scholarship
Brother Lee Barker Endowed Scholarship John C. Hamilton, Jr. ’92 Endowed Scholarship
Brother Leo Godin Endowed Scholarship Lassere Family Scholarship
Brother Mark Thornton Scholarship Marine Science Endowment
Brother Noel Lemmon Scholarship Melcher Scholarship
Brother Romuald Endowed Scholarship O’Keefe Endowed Scholarship
Chris D. Briede Memorial Scholarship Rite Cue Johnson Endowed Scholarship
Class of 1960 Scholarship Saint Rose De Lima Scholarship
Class of 1992 Scholarship Shannon Family Sacred Heart Scholarship
David Glover Memorial Scholarship STEM Endowment
David Treutel, Sr. ’53 &
Pennie H. Treutel Family Endowment
W&M McHugh Scholarship
Emile J. Babin ’61 Endowed ScholarshipWaters Tuition Aid Fund

For more information about Saint Stanislaus’s endowment, please contact Joseph Lee at josephlee@ststan.com or (228) 467-9057 x255.