ST. FRANCIS SCHOOL ENDOWMENT FUND

OVERVIEW

25 years ago in May of 1987, The Catholic Daughters of St. Francis of Assisi knew the importance of Catholic Education and decided to seed the Saint Francis Parish School Foundation. With guidance from the Bishop of the Diocese of Baker, Most Reverend Thomas J. Connolly, a permanent trust fund was established to accept gifts and bequests of all kinds and to manage those gifts for the benefit of Saint Francis School. The foundation was to conduct fund-raising campaigns, assist and supervise fund-raising programs for the St. Francis Parish School, and grow the assets of the foundation.

Over the years, the Heart of Oregon School Auction was the main contributor to this foundation, as have several individuals who have made gifts personally and from their estate to sustain and improve upon the Catholic educational experience at St. Francis Parish School. Credit for that auction can be given to many parents and staff of the school and a special mention to Mike Belding and Paul Imwalle who remembers making and serving the food at those early Heart of Oregon Auction events at the downtown School, now McMenamins.

Today the St Francis School Endowment is one of the largest restricted accounts of the Legacy of Faith Catholic Community Foundation. We are blessed by all the past achievements and hope that graduates, parents, grandparents and any donor who believes in Catholic Education will consider adding to this account. A special thanks to the Catholic Daughters, Bishop Connolly and all those who teach and support the school today and into the future. It is no secret; it takes the whole parish - past and present - to keep a private Catholic school operating and the foundation is just a small part of this successful school operation.

FOUNDED

(1987)
2010

PURPOSE

CATHOLIC
EDUCATION

SUPPORTS

ST. FRANCIS
SCHOOL

DISTRIBUTIONS

RESTRICTED

Distribution

Half of the fund's interest is divided among St. Thomas Academy, St. Thomas Parish, and a Diocesan fund for priests.
Catholic Context

The fund operates within the framework of the Catholic Church, specifically the Diocese of Baker, and is named after St. Jude, a patron saint within the church.
Reinvestment

The other half of the interest is reinvested to increase the fund's overall value.
Funding

The fund is primarily supported by the donor's long-term estate planning, with a portion of the funding being ongoing and the major contribution occurring upon the donor's death.
Impact

The distributions are unrestricted, allowing the recipients to use the funds as they see fit.

DETAILS TO CONSIDER

CONTACT US

HEAR FROM DONORS

I’m grateful to have been able to contribute to the Legacy of Faith Endowment Fund. It’s a meaningful way to support the future of our church, ensuring it can continue to serve the community and nurture faith for generations to come. I’m honored to be part of such a wonderful mission.

- Legacy of Faith Donor