Staff Endowment Fund
Effective July 1, 2018, this fund is capped. Donations intended for this fund will go to the Annual Appeal Fund.
This fund was established in 1985 with the purpose of assisting with salaries for our staff. The principal remains intact and only interest earned is used. The interest (80%) is transferred annually to the general fund to be used for staff bonuses given out during Catholic Schools Week. 20% is reinvested to build the Staff Endowment Fund. As of July 1, 2021, the balance of this fund was $1,691,835.70.
This bonus is awarded to staff members based on years of service.