Purpose of an Endowment Fund
To invest assets that will support Holy Trinity’s mission in perpetuity.
History of Holy Trinity Endowment
The first funds of $7,537 were invested in an endowment in April 1993 and has grown to over $181,000 since then. It is invested in the Catholic Foundation of the Diocese of St. Cloud.
Future use of the Endowment
A percentage of the interest earned will be used as income in the school budget. The remainder of the interest will be reinvested in the endowment to allow the principle to grow.
To invest assets that will support Holy Trinity’s mission in perpetuity.
History of Holy Trinity Endowment
The first funds of $7,537 were invested in an endowment in April 1993 and has grown to over $181,000 since then. It is invested in the Catholic Foundation of the Diocese of St. Cloud.
Future use of the Endowment
A percentage of the interest earned will be used as income in the school budget. The remainder of the interest will be reinvested in the endowment to allow the principle to grow.
