An endowment is a permanent fund that holds its principal in perpetuity and is invested for the benefit of a particular purpose. You can establish a permanent endowment to benefit Austin with a gift of cash, securities or complex assets. Once in place, the Endowment fund will grow and make annual distributions to support Austin for generations to come.
Austin Catholic High School partnered with the Catholic Foundation of Michigan and created four Scholarship Endowment Funds. Anyone may make a contribution to an existing endowment fund in any dollar amount.
An endowment gift is 100% tax deductible. Each gift is recognized by the school with a thank you acknowledgement and by listing the donor/donors name in our Scroll of Donors published each year in our Annual Report.