SMCHS Endowment for Operations and Tuition
In the fall of the 2008-2009 school year, St Mary’s Central High School established an endowment called the St. Mary’s Central High School Endowment for Operations and Tuition. Your donation is invested; the principal will remain intact in perpetuity. The interest is used for the sake of school operations and tuition.
Giving to the endowment
A Legacy and Long-Term Investment
Our endowment is a financial mechanism wherein funds are saved, invested, and then generate annual interest. As the base money for the endowment continues to grow, so does the number of ways that this endowment can be used to benefit St Mary’s Central High School.
This endowment is structured to support the annual operating costs of the school as well as tuition for students who could not otherwise afford to attend St. Mary’s.
*The funds in this endowment are not part of St. Mary’s Central High School’s general assets and are protected from general creditors of the school.
*The endowment is managed by an endowment board, made up of 5 members:
School Board President
St. Mary’s Superintendent
President of St. Mary’s Alumni Association
2 members-at-large
Endowment Gift form
