St Michael Community Education Endowment Fund Inc

PROVIDE FINANCIAL SUPPORT TO ACCREDITED K-8 CATHOLIC SCHOOL IN OUR COMMUNITY. ENROLLMENT AT 350 STUDENTS. SUPPORT HELPS PROVIDE EDUCATIONAL

Mission

PROVIDE FINANCIAL SUPPORT TO ACCREDITED K - 8 CATHOLIC SCHOOL IN OUR COMMUNITY. ENROLLMENT AT 350 STUDENTS. SUPPORT HELPS PROVIDE EDUCATIONAL MATERIAL & TECHNOLOGY THE SCHOOL MAY OTHERWISE NOT AFFORD. OUR CONTRIBUTION COMES FROM INVESTMENT INCOME OF A PRICIPLE BALANCE AND IS BASED ON ANNUAL PERFORMANCE OF OUR INVESTMENTS. RECENTLY HAVE BEGUN SEEKING PROFESSIONAL ASSISTANCE IN MANAGING THESE FUNDS.

Programs

THE ENDOWMENT FUND PROVIDES ST MICHAEL CATHOLIC SCHOOL, AN ACCREDITED K-8 SCHOOL OF 351 STUDENTS WITH FINANCIAL SUPPORT ON AN ANNUAL BASIS. THESE FUNDS ARE DERIVED FROM INVESTMENT INCOME & IS USED FOR EDUCATIONAL MATERIALS & TECHNOLOGY, SUCH AS NOTEBOOK COMPUTERS & SUPPORT. THE PRINCIPAL & STAFF DETERMINE HOW THE GIFT IS TO BE SPENT, BASED ON A PRIORITIZED LIST.;PREMIUM TO MAINTAIN AN INSURANCE POLICY THAT, UPON DEATH, WILL PROVIDE BENEFICIARY MONEY TO THE ENDOWMENT FUND PRINCIPLE BALANCE.