This fund was established to support the greatest needs of the parish from year to year as determined by the pastor and finance council. An endowment fund is a perpetual fund, created by charitable donations in the form of cash, stocks, mutual funds, real property, or other personal property given to the Foundation. The practice of investing the principal, rather than spending it, creates a perpetual fund. A set percentage of the endowment’s annual earnings is distributed to the designated benefactors, in this case, Holy Family Parish. Endowments provide a “forever-giving” funding source for Catholic programs and activities. A gift in your will could establish an endowment and a lasting legacy for you, your family, and the benefactor.
If you would like information on how you can leave a lasting legacy for yourself or a loved one, contact Nicole Fuhrer, local Gift Planning officer with the Foundation, to set up an appointment. 605-999-9127 or nfuhrer@ccfesd.org