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2017-2018 Annual Report

ESTABLISHING AN

ENDOWED SCHOLARSHIP

Establishing a Named Scholarship is a significant way to fulfill an immediate and future
need for providing financial aid to Cor Jesu Academy students. There are three levels of
endowed scholarships at Cor Jesu, outlined below.
1 Partially Endowed Scholarship

• Established with a contribution or pledge of $20,000
• This scholarship allows Cor Jesu to offer partial-tuition remission annually.
• 5% of the Endowed Scholarship balance is awarded annually to one student. How Are Scholarships Started & Completed?
Endowed scholarships can be made with a single gift, or they may
2 • Established with a contribution or pledge of $150,000 begin with a seed gift of $5,000 or more, and an agreement to
Semi-Endowed Scholarship
complete the endowment over time.
• This scholarship allows Cor Jesu to offer half-tuition remission annually to
one student. Endowed scholarships may be completed through recurring
giving, or through a will bequest or other estate-plan provisions.
3 Fully Endowed Student Scholarship Gifts may be in the form of cash, appreciated securities, property
• Established with a contribution or pledge of $250,000
or through a Donor Advised Fund.
• This scholarship allows Cor Jesu to offer full-tuition remission plus fees, lunch,
transportation, uniform and extracurricular activities annually to one student. *All gifts to the Endowment Fund are tax-deductible.

Benefits of Endowed Scholarships
An Endowed Scholarship provides a personal and permanent way for you to make a difference in the life of a student and
her family. Your investment ensures that you will personally provide a Cor Jesu education for a deserving student and future
students.

While each named scholarship is tracked individually, all Cor Jesu Endowment funds are invested together, to realize the
benefits of a larger investment pool. The assets are invested in a fully diversified portfolio and are part of a disciplined
investment program overseen by Cor Jesu’s Endowment Committee. Scholarships are provided by the distributions made from
the investment portfolio.

We Place Our Trust in You|2
Scholarship eligibility at Cor Jesu is determined by a need-based assessment through FACTS Management.