Page 23 - 2019-20-AnnualReport
P. 23

Scholarship







              How Are

              Scholarships
              Started &
              Completed?                  Benefits of Endowed Scholarships

              Endowed Scholarships        An Endowed Scholarship provides a personal and
              can be made with a          permanent way for you to make a difference in the life
              single gift, or they may    of a student and her family. Your investment ensures
              begin with a seed gift of   that you will personally provide a Cor Jesu education
              $5,000 or more, and an      for a deserving student and future students.
              agreement to complete
              the endowment over time.    While each Endowed Scholarship is tracked individually,
                                          all Cor Jesu Endowment funds are invested together, to
              Endowed Scholarships        realize the benefits of a larger investment pool.
              may be completed through
              recurring giving, or through   The assets are invested in a fully-diversified portfolio
              a will bequest or other     and are part of a disciplined investment program
              estate plan provisions.     overseen by Cor Jesu’s Endowment Committee.
                                          Scholarships are provided by the distributions
              Gifts may be in the form    made from the investment portfolio.
              of cash, appreciated
              securities, property        Scholarship eligibility at Cor Jesu is determined
              or through a Donor          by a need-based assessment through
              Advised Fund.               FACTS Management.

              *All gifts to the Endowment
              Fund are tax-deductible.





































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