What is an endowment?
An endowment fund is a fund held by a charitable organization in which a donor of Board has imposed a restriction that prohibits some or all of the funds from being spent currently. This would include, for example, a gift that is to be held “in perpetuity,” or one that must be held for 25 years before it can be spent.
St. Vincent de Paul High School Endowments:
The St. Vincent de Paul High School Tuition Endowment : Created in 2009, this endowment is used specifically for tuition assistance.
The St. Vincent de Paul High School Faculty Endowment: Created in 2009, this endowment is used specifically for non-payroll faculty items.
The St. Vincent de Paul High School Endowment: This endowment was originally funded by donors directly with the Petaluma Educational Foundation for the benefit of St. Vincent de Paul High School.
How does it work?
Once a gift reaches endowment status, it can be invested and grow over time, providing earnings on an annual basis. These earnings can be used toward awards for deserving students.
For more information about starting an endowment, please contact the advancement office:
Direct: (707) 763-1032 ext. 124