Endowments are long-term investments in Carmel Catholic High School that benefit students, faculty, or programs year after year. Carmel Catholic actively seeks to build its endowments to secure the financial vitality of our school well into the future.
Carmel Catholic manages and invests endowed funds to ensure dependable income for academic programs, tuition assistance or academic scholarships, and other designated programs. A portion of the return on your investment is added to the principal to help grow the fund and protect it from inflation, ensuring your endowment will be supported far into the future. Once an endowment is fully funded, Carmel Catholic receives a portion of the fund's market value to support the program you choose.
Anyone may establish an endowment, either individually or with a group. Naming opportunities create a way to honor an individual, family, or business. A minimum gift amount is required to establish an endowment. Minimums vary depending on the complexity and scope of your endowment and the size of annual payout you intend to achieve.
- Require a minimum of $25,000 to be fully funded
- May be fully funded immediately or over time (up to 5 years)
- Can be funded with a future gift from your estate
- Allow you to designate a Carmel Catholic-approved funding priority
For additional information, please contact Mrs. Noelle Moore, Director of Institutional Advancement, at 847-388-3338 or firstname.lastname@example.org.