St. Mary’s School Foundation:
The St. Mary’s School Foundation Endowment Fund began in 1980 with $30,000, and is now (2019) valued close to two million dollars. All earnings on money given to the Foundation help fund the operational expenses for St. Mary’s Parish School. The explicit goal of the St. Mary’s Foundation is to help St. Mary’s School keep tuition costs low so that as many students as possible can experience a Catholic education.
The mission of the St. Marys’ School Foundation is to invite, accept and maximize private support for the School’s curriculum, goals and facilities. The Foundation members prudently manage, invest locally, and steward the assets entrusted to us by donors. We strive to build the financial stability of St. Mary’s School through the development of an Endowment Fund that will provide 50% of the School’s operating budget.
What is the Investment philosophy and objective of the St. Mary’s School Foundation?
Our investment philosophy seeks to maximize the return on investments while minimizing the risk to the endowment principal, which remains untouched. Annually the Fund transfers earnings up to 5% of the total Endowment’s value into the St. Mary’s School general operating budget. The amount of money transferred depends on the growth of the Fund over the preceding year.
If you would like to know more information on how to give or to talk with one of the Foundation’s members, please contact one of the following:
Sister Margaret Johnson, osu (Secretary to the Foundation Board)
Jennifer Beller, PhD Principal of St. Mary’s Parish School
St. Mary’s School Foundation
PO Box 8485
Moscow ID 83843-0985