An endowment is
a fund in which the principal earns interest and
a portion of this interest is used to help underwrite
the costs of operating the school or for certain
designated purposes. An endowment provides a reliable
stream of income and is a safe guard against poor
economic times. Endowment income also helps keep
annual tuition increases to a minimum.
The “Setting Course”
Endowment Campaign which was completed last
November will provide $300,000 per year in
income to offset operational and tuition assistance
costs.
To date the school has received
funds totaling $6.0 million, and we would like
to continue adding to our endowment!
Please DONATE
NOW
Establishing a Designated
Endowment at The Mount:
A minimum gift of $20,000 will
establish a designated endowment at The Mount.
The donor(s) of the gift may designate the use
of the funds as long as the use conforms to all
federal, state, and local laws and school policy.
Other Endowments for Mount
St. Mary High School:
There are two other foundations
that hold designated funds (endowments) for Mount
St. Mary High School. Those foundations are:
The
Catholic Foundation of Oklahoma, Inc.
PO Box 32180
Oklahoma City OK 73123-0380
(405) 721-5651
Oklahoma
City Community Foundation
PO Box 1146
Oklahoma City OK 73101-1146
(405) 235-5603
Make reference to the Mount St.
Mary High School Designated Fund at both these
foundations when making a gift for The Mount.
If you need more information
about endowments, please contact the school’s
Advancement Office at (405) 631-8865.
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