The St. John Paul II Teacher Salary Endowment

Our Catholic Schools were blessed for many years with “Living Endowments” of sisters, priests, and brothers through their lifelong service and contributions. Today, our Catholic school teachers and administrators generally earn 20% to 35% less than their public school counterparts. While public schools benefit from tax funding and union contracts, Catholic schools rely on tuition and parish donations, creating a widening pay gap that we are actively working to close. We have established The St. John Paul II Teacher Salary Endowment, specifically earmarked to subsidize and raise teacher salaries at St. John Paul II, helping them remain competitive with local public schools.

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. Investing the principal, rather than spending it, creates a perpetual fund. Most of an endowment’s annual earnings are 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