Endowment Gifts Help Sacred Heart Maintain Excellence in Perpetuity
A gift to establish an endowment fund demonstrates farsighted commitment to the mission of the Church and Sacred Heart Major Seminary. An endowment is a fund that is maintained in perpetuity and a portion of the annual return on investment is used for the purposes specified by the donor. Such endowments, which typically bear the name of the donor or donors, reflect your interest and serve as an enduring testament to your generosity.
There are several types of endowment funds:
These types of funds provide the Seminary with maximum flexibility to direct funds where they are needed most.
These are funds that are established with special language that directs the Seminary to use annual earnings to support a specific seminary program as identified by the donor.
These funds are created to provide students with annual tuition financial assistance. Generally a specific set of guidelines are drafted to accompany each new scholarship fund setting forth eligibility requirements etc.
For more information on the many ways that you may support Sacred Heart Major Seminary including establishing your own endowment fund contact Jim Thomas at (313) 596-7450 or use our online contact form.