Endowment

The Endowment Fund, created in 1984, has distributed $3,000,000.00 to the school for annual operational expenses over the last 43 years. All donations to the Endowment Fund are invested and only the earnings can be used for the school’s operation. The fund has been a long term anchor for Sacred Heart and continues to welcome gifts and bequests.

 

Endowment Fund Board includes:

  • Fr. Thomas Dunavan
  • Mr. Phil Froeschl
  • Mr. Bob Aitken
  • Mr. Marc Morehead
  • Mr. Merle Veigel
  • Mrs. Renee Kopf

Please contact Fr. Thomas Dunavan (fr.thomas-dunavan@cdolinc.net or Renee Kopf (renee-kopf@cdolinc.net) for information.

2016-17 Annual Report for Endowment Fund

SACRED HEART HIGH SCHOOL ENDOWMENT FUND

SUMMARY April 30, 2017

Marketable Securities & Cash $ 3,205,461
Cash Value – Life insurance policies $ 21,659
Total Foundation Assets $ 3,227,120
Less: Total Contributions to Endowment Fund to date $ 2,760,969
Net Unrestricted Foundation Assets $ 466,150
Total distributions to Sacred Heart since inception $ 3,096,308