Education Endowment Fund Committee
Contact: Mary Williams
507-835-2429
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Purpose: To manage the Endowment Fund of Sacred Heart and gift only the annual earnings to Sacred Heart Parish. Thus, contributions to the fund become perpetual gifts. These monies provide financial assistance to assure quality Catholic education at Sacred Heart. This committee consists of six members and the current pastor.
Responsibilities: To provide oversight to the fund and communicate with the financial advisors. To conduct appeals to encourage Sacred Heart parishioners and school alumni to contribute through cash donations, memorials, bequests, insurance policies and investments. All gifts are tax deductible.
Meeting Frequency and Time: Meets 6 times/year: February, April, May, August, October and November.
Additional Time Requirements: As needed.
Duration of Commitment Needed: 3 year term, may serve 2 consecutive terms
Additional Requirements: Financial knowledge is required for membership. Application with the pastor and committee is required.
