What is an endowment?

Donated gifts which are invested to produce more income that the original gift.  The principal remains intact and a portion of the interest earned on the gift is distributed to the beneficiary on an annual basis.

Why does St. Thomas Aquinas Catholic Church need to build a strong Endowment Program?

• To generate funds that will secure our future financial security, in light of changing Parish and neighborhood demographics
• Endowment gifts produce ongoing income for the beneficiary forever!   If need be, the Church and/or School could operate solely on income distributed from a strong endowment program!

Are there any endowments already established for the Church and/or School?
Currently, the STACC Endowment Program includes six (6) endowment funds, four (4) of which were established by parishioners and two (2) of which were established by the Parish.

Why would a donor be interested in establishing his or her own endowment to the Church and/or School?

Many individuals and families are interested in establishing endowments because:

• Endowment gifts can be designated for a specific purpose
• Endowment gifts support the intent of the donor
• Endowment gifts can be used as a way to permanently honor or memorialize an individual or family and...

Endowment gifts...never stop giving!

To learn more about the St. Thomas Aquinas Catholic Church Legacy & Planned Giving Program, click here to submit an online contact request form.