Endowment Funds
Endowment funds are a permanent, self-sustaining source of funding. Each year, the school is able to use the interest earned for distribution for the intended purpose. In this way, funds grow and can be used for support in perpetuity. Donating to endowment funds enables the principle value to grow, in turn providing larger earnings for the school to leverage each year.
Investing in our endowment funds is a great way to keep our legacy and school thriving for generations to come.
St. Anne Catholic School has three endowment funds that support the growth and success of the school.
Helene Houle Tuition Assistance Endowment Fund
The late John Nasseff started the endowment fund in honor of his wife, Helene Houle, to protect the future of St. Anne Catholic School.
Helene Houle was among 8 siblings who attended St. Anne School. Starting with her mother, Laura L'allier, her family has proudly attended St. Anne School for five generations.
John Nasseff started the endowment fund with a one million dollar gift. The school leverages only the interest from the principle amount each year to help support families in need struggling to meet the costs of a Catholic school education at St. Anne Catholic School. Click here to learn more about the tuition gap.
If you find yourself in need of tuition assistance while attending St. Anne Catholic School, please visit this page to learn more about the tuition grant application process.
Your generosity and support becomes a permanent and perpetual source of funds to St. Anne Catholic School each year. All gifts are tax deductible and will be published in an annual report to help share the growth of the endowment fund and communicate our plans for the future.
