An endowment is a sizable fund of money that Catholic Missions In Canada invests to produce interest income. While the endowment’s principal remains untouched, the annual returns fund our mission programs and needs. An endowment allows your gift to make a difference every year and to grow over time.
Endowments provide stability to supporting mission programs and projects because the principal gift is retained to produce income annually, and in perpetuity, while a portion of the annual investment return is used for particular project. The rest of the investment yield is returned to the principal and, over time, the fund grows.
A minimum gift of $5,000 is required to establish an endowment. You can establish an endowment and fund it over a period of time or fund it all at once.
An Endowment is a gift that lives forever
The capital placed in the endowment fund is preserved intact, while the interest it generates is used to support the most fundamental activities of Catholic Missions In Canada:
- Seminarian and lay leader formation
- Religious education of children
- Building and repairs
- Basic needs of our missionaries
An endowment is an investment in the future of our Canadian missions. It is a way to express the Catholic values that are so important to today’s society.
A contribution in the form of an endowment lays a firm foundation for everything Catholic Missions In Canada strives to accomplish, not just today, but in the future.
What better way to proclaim your faith, or provide a lasting memorial to the life of a loved one than to establish an endowment with Catholic Missions In Canada.
An endowment Fund can be named in honour of the donor, or a family member, either living or dead, or of a friend. The choices rest with the donor. A named endowment provides a lasting memorial not only to a person’s name, but to the Catholic values that have given enduring meaning and significance to one’s life.
An endowment can be funded with an outright gift of cash, shares, the proceeds from a bequest or gift of life insurance, or a gift of property. The minimum amount for an endowment is $5,000 ((smaller installments over a period of 5 years are accepted).
To learn more, fill out our Gift Planning Information Request Form or contact Winnie Quinn, our Charitable Gift Planning Manager at: