Endowment Giving
Endowment Funds
Establishing an endowment fund at Saint Louis Abbey or Saint Louis Priory School provides the institution with a long-term financial resource. Endowments are ongoing funds, which may be established for a specific purpose designated by the donor. An endowed fund is the “gift that keeps on giving” because it generates annual income for the Abbey and the School. Endowment funds are invested and each year a portion of the income is used for the specific program designated by the donor, while the rest of the return is re-invested to preserve and grow the original gift.
If you would like more information on establishing an endowment, please contact Natalie Covey at ncovey@priory.org or 314.434.3690 ext. 325
Endowment funds make a difference in the lives of the monks and the students each year because of the annual income they provide. Donors can direct their endowment to a specific area or allow Saint Louis Abbey and Saint Louis Priory School to put it toward the area of greatest need. Examples of areas that endowment funds may support include:
Creating a legacy
By establishing an endowment fund, you are making a financial donation that will continue to address the needs of the Abbey and school into the future. Endowments are the most reliable assets available to an institution; no other form of giving addresses long-term needs as effectively.