Gehlen Catholic Endowment Fund

What is an Endowment?

To ensure the future of Catholic education, the Gehlen Catholic School Board of Education established the Gehlen Catholic Schools Endowment Fund in 1987. An endowment is a fund whose principal is not spent. Only the income from investments is used to support and assist Gehlen. As the fund grows it becomes an important help to Gehlen. It keeps tuition costs down; it lessens the financial burden on parishes, and it assures a Catholic education to every child regardless of financial status.

How is the fund managed?

The Gehlen Catholic Schools Endowment Fund is managed by a separate Board of Trustees whose responsibilities are to solicit money for the fund, safeguard and invest the funds, and provide Gehlen Catholic with income from the fund. The Endowment Board uses the services of a professional money manager and follows a policy of conservative investments. The Gehlen Catholic Schools Endowment Fund is a legal, tax-exempt entity.

How can I give?

Your gift - an investment in young people - is a lasting treasure and will not be spent. Only the income from your investment is utilized. In other words, your gift continues to give to Catholic Education for generations to come. 

The simplest method is a direct gift of money, real estate, or securities. Another method is revising your will to name Gehlen Catholic Schools Endowment Fund as a recipient of a percentage of your estate. Still, another way is to name the Fund as a whole or partial beneficiary of a life insurance policy. Another method is a memorial....a gift in memory of a loved one.

We suggest you visit with your tax or legal advisor about these and other methods. In such consultations, you need the name Gehlen Catholic Schools Endowment Fund (Federal Taxpayer I.D. number 42-1301178) to ensure your gift keeps on giving.