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.
CORJESU.ORG | 21