Endowments
Since 1854, Saint Stanislaus has been generously supported by alumni, parents, and friends to provide an unparalleled education. While current-use gifts support the school’s immediate needs, the endowment ensures long-term sustainability.
Saint Stanislaus has grown over the years through endowment income, investment returns, and charitable giving. Our growth allowed us to fund scholarships, support athletics, and the arts, strengthen our faculty, and address critical needs.
what is an endowment?
Endowments are funds donated to Saint Stanislaus meant to be invested and provide income for future school support.
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 donated fund used for a specific purpose by Saint Stanislaus.
- 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 use endowment earnings to upgrade facilities, provide tuition grants, or hire top educators.
Unrestricted – Funds for urgent school needs that can be spent, saved, or invested.
endowment funds
There are thirty-four fully funded endowments. To be fully funded, an endowment must have a minimum corpus of $50,000. 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 Scholarship |
| Brother Joseph Donovan Scholarship | James R. Crosslin Endowed Scholarship |
| Brother Lee Barker Endowed Scholarship | Jane Garcia Zanca Memorial Scholarship Fund |
| Brother Leo Godin Endowed Scholarship | John C. Hamilton, Jr. ’92 Endowed Scholarship |
| Brother Mark Thornton Scholarship | Lassere Family Scholarship |
| Brother Noel Lemmon Scholarship | Marine Science Endowment |
| Brother Paul Montero Scholarship | Melcher Scholarship |
| Brother Romuald Endowed Scholarship | O’Keefe Endowed Scholarship |
| Chris D. Briede ’98 Memorial Scholarship | Rite Cue Johnson Endowed Scholarship |
| Class of 1960 Scholarship | Saint Rose De Lima Scholarship |
| Class of 1982 Endowed Scholarship | Shannon Family Sacred Heart Scholarship |
| Class of 1992 Scholarship | STEM Endowment |
| David Glover ’38 Memorial Scholarship | Steve Favre ’82 & Cindy Favre Family Endowment |
| David A. Treutel, Sr. ’53 & Pennie H. Treutel Family Endowment | W&M McHugh Scholarship |
| Emile J. Babin ’61 Endowed Scholarship | Waters Tuition Aid Fund |
For more information about Saint Stanislaus’s endowment, please contact Sam Doescher, Advancement Director, at sdoescher@ststan.com or (228) 467-9057 ext. 231.