Planning for the Future

An Endowment is a fund in which the principal gifts are held forever in trust and distributions from the earnings only are made once a year, forever.

Contributions to all of our endowment funds are welcome and encouraged. They may be made as a celebration of a special occasion or as a memorial contribution in honor of a loved one. Gifts at the end of life are welcome and very appropriate for this type of giving.

Consider a Charitable Gift Annuity to benefit St. Mary Parish and Catholic School

A Charitable Gift Annuity is an excellent way to receive an annual fixed payment for life and still benefit St. Mary Parish and School.

Many donors are discovering that a charitable gift annuity increases their income and qualifies them for a significant charitable deduction this year.

The donor is guaranteed this fixed payment for the remainder of his or her lifetime. A second beneficiary (such as spouse) may be included in the gift agreement. Upon the death of the donor(s), the principal remaining in the annuity fund will transfer to one of the St. Mary Endowment Funds or a special Fund you establish to benefit St. Mary.

Why The Catholic Foundation?

St. Mary’s Endowments are managed by The Catholic Foundation of the Diocese of Columbus.

The Catholic Foundation exists to help Catholics who want their gifts to have a lasting impact on the parishes, schools and causes that mean the most to them. The Catholic Foundation was established in 1985 and is one of the oldest and largest in the country.

The Catholic Foundation focuses on listening to you, the donor, granting the greatest allowable flexibility in offering maximum benefits to meet your desires and needs. The Catholic Foundation works with you, to achieve the results you desire. The Catholic Foundation provides assurance that your original gift intentions will be fulfilled and protected.

Summary of Endowments

Click here for a summary of the endowments held at the Catholic Foundation for the benefit of St. Mary Parish and Catholic School.

Some ways to contribute to St. Mary Parish and Catholic School Endowments

  • Bequests
  • Gifts of Appreciated Stocks/Bonds
  • Charitable Gift Annuities (fixed income for life)
  • Gifts of Insurance (new or old)
  • Gifts of Appreciated Real Estate
  • Charitable Remainder Trusts
  • Charitable Lead Trusts
  • Donor Advised Funds