Page 25 - 20-21 Annual Report

Establishing an Endowed Scholarship is a

significant way to fulfill an immediate and

future need by providing financial aid to

Cor Jesu Academy students. There are three

levels of Endowed Scholarships at Cor Jesu:

PARTIALLY ENDOWED SEMI-ENDOWED FULLY ENDOWED
SCHOLARSHIP SCHOLARSHIP STUDENT SCHOLARSHIP

• Established with • Established with • Established with
a contribution or a contribution or a contribution or
pledge of $20,000 pledge of $150,000 pledge of $250,000
• This scholarship allows • This scholarship allows • This scholarship allows
Cor Jesu to offer partial Cor Jesu to offer half Cor Jesu to offer full
tuition remission annually tuition remission tuition remission
• 5% of the Endowed annually to one student annually to one student
Scholarship balance
is awarded annually
to one student

How Are
Scholarships
Started & Benefits of Endowed Scholarships
Completed? An Endowed Scholarship provides a personal and

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

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