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ST. THOMAS ACADEMY
ENDOWMENT FUND

OVERVIEW

In 2020, a parishioner of St. Thomas Church in Redmond, Oregon passed away. In her lifetime she was an ongoing charitable contributor to St. Thomas Academy. At her death she willed her estate to the Academy.

 

To keep her ongoing contribution sustainable, this fund was established. All the interest each year is given to the Academy for unrestricted use. It is hoped that other donations to the principal will continue its growth. This fund will begin to pay out in the year 2024.

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FOUNDED
2020
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PURPOSE
ST. THOMAS
ACADEMY
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SUPPORTS
ST. THOMAS
ACADEMY
EXPENSES
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DISTRIBUTIONS
UNRESTRICTED
  • 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

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Contact Us

CONTACT US

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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
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