Purpose of this Fund:
The purpose of the Fund is to provide tuition assistance to a student(s) attending either St. Joseph Catholic School in Bradenton, Florida or Cardinal Mooney Catholic High School in Sarasota, Florida. The selection of the scholarship recipient shall be based on the following criteria:
1. The student’s family are active members of Holy Cross Catholic Church in Palmetto, Florida.
2. The student’s family has demonstrated financial need. 3. It is preferred, but not required, that the student’s father is an active member of the Knights of Columbus Council 7414.
Each year, the current Grand Knight of Council 7414 and the Pastor of Holy Cross Catholic Church in Palmetto, Florida will decide on the number of recipients, the amount of each scholarship, and the winner(s) based on the above criteria.
Why Support an Endowment Fund?
An endowment fund provides a source of annual income to the Catholic entity of your choice. Endowments are designed to function in perpetuity, because the original gift amount (the principal) is invested and the earnings are used to provide long-term financial support to a Parish, school, program or the ministry about which you care most. Once established, anyone can make additional contributions to the fund in any dollar amount.
Many endowment funds are created through gifts from wills or trusts, however, a significant number of donors choose to fund their endowments while they are still living so they can see the impact of their gifts. There are numerous ways to fund an endowment with the Foundation including gifts of cash, securities, property, distributions from retirement accounts and more.
To learn more please contact the Catholic Community Foundation of Southwest Florida at 941-441-1124 or CCF@dioceseofvenice.org