Purpose of this Fund:
The exclusive purpose of the Fund is to provide partial scholarships for financially needy practicing Catholic students attending Cardinal Mooney Catholic High School in Sarasota, Florida who are involved, along with their families, in a Respect Life program or ministry. If at some point in the future Cardinal Mooney Catholic High School ceases to exist, this fund will support scholarships for qualified students attending other Catholic High Schools within the Diocese of Venice in Florida.
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.
Other Giving Options
To learn more please contact the Catholic Community Foundation of Southwest Florida at 941-441-1124 or CCF@dioceseofvenice.org
