Help secure the future of our parish.
An endowment fund is a permanent fund intended to benefit a specific organization(s) or purpose(s) in perpetuity. Gifts to endowment funds are invested in order to provide perpetual income and never distributed. Annual distributions are made from investment gains to the benefiting organization(s).
Currently, we have a Parish Endowment Fund, which provides annual distributions to help fund the general operating expenses of the parish.
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Contact Betsy Austin with questions:
baustin@moqchurch.org / 402.333.8662
What is an Endowment Fund?
An Endowment Fund helps our Catholic stewardship to provide for future generations. Unlike our offertory collection or annual appeal, an endowment is held in an investment fund set aside for the long-term support of our parish. A gift to the endowment is never spent. Instead, the gifts are protected by law, professionally invested and managed in accordance with Catholic values, and grow over time.
Our endowment funds were created to ensure that our parish is able to financially sustain our mission to leave a legacy long into the future. As the market grows over time, the value of the gifts to our fund grow and produce earnings that can be used by our parish and school to meet current needs.
How does it work?
Our parish and school endowment funds ensure our vitality long into the future. Because an endowment fund is intended to last forever, gifts to the endowment fund are never spent. The fund continues to grow so that our parish has support for years to come to continue the work of Christ in our community.
As our parish grows physically and spiritually thanks to the grace of God, our needs may exceed our financial means. Our endowment is a way to stabilize our parish income now and in the future so that we can carry out the work of Christ in our parish and school.
Gifts are used to establish and start the principal. Principal is protected, invested, and grows with additional gifts. Portions of the fund’s growth are distributed annually forever.
Saint John Vianney Parish Endowment Fund
The Saint John Vianney Parish Endowment is currently at a build-up stage, with the hopes we can increase it to $1,000,000. The current balance is slightly over $500,000. The hope is that this Parish Endowment will help look after the facilities of our campus for years to come.
