A well-managed endowment is a prime indicator of an institution’s financial health. Consisting of funds invested to provide annual returns for necessary purposes, St. Benedict’s endowment helps generate income for scholarships, supports our exceptional faculty, and ensures the School’s unique educational experience will be around for generations to come.
Making a gift to the endowment enhances St. Benedict’s financial position and creates a legacy that impacts lives year after year. The gift itself becomes part of the endowment; only its returns are spent on the designated goal.
Your endowment gift can be applied in many ways, including establishing a scholarship or programmatic endowment. You may also contribute to the general endowment or to any number of currently established funds.
For more information or to make an endowed gift, please contact Michael Fazio, chief advancement officer, at (973) 792-5777, or email him at firstname.lastname@example.org.