The St. Charles Endowment
Started in 1992 with a bequest from Lucille Querry, the St. Charles Endowment is a lasting legacy for the future of St. Charles Borromeo Catholic Church and Catholic School. An Endowment Fund provides a source of annual income that is designed to function in perpetuity, ensuring long-term financial support to our Parish and School. There are numerous ways you can give to The St. Charles Endowment. Cash/checks, memorials or honorariums, stocks, bonds, mutual funds, life insurance, bequest/wills, trusts, and retirement account distributions.
The St. Charles Endowment is professionally managed and monitored by our Board of Trustees.
A bequest is the most common form of planned giving. This is a gift of assets (money and/or other property) that is made through your will, trust or beneficiary designation. No funds are transmitted or transferred to St. Charles Borromeo Catholic Church until your death. You can also designate St. Charles Borromeo Catholic Church as a beneficiary of your pension, retirement account (such as an IRA), or even your life insurance plan.
Bequests can be given to St. Charles Borromeo as unrestricted and the established St. Charles Bequest Policy will be followed, restricted to special donor-selected projects, or restricted to The St. Charles Endowment.
Memorial gifts are often given to St. Charles Borromeo at the time of a loved ones death, at the anniversary of their passing, or just in remembrance of that individual. Memorial gifts provide funding for either operations or special donor-selected projects.
Special gifts come in the form of financial support for any previous or current project, or campaign efforts.