The Marley and Marianne Scheid Memorial Endowment was established by their children, with the help of memorial funds after the passing of their father. Marley and Marianne were one of the founding members of Holy Spirit Church and long time supporters of Catholic Education. The named endowment will support tuition assistance at John Paul II School perpetually. Anyone may donate to this endowment at any time and in any amount!
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. Most of an endowment’s annual earnings are distributed to the designated benefactors, in this case, John Paul II School. 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 benefactor.
If you would like information on how you can leave a lasting legacy for yourself or a loved one, call the MCF office to set up an appointment at 605-999-9127.