Endowed Funds can be created within our Endowment with donations of $10,000 or more. These endowments can help fund specific programs or tuition assistance for Bishop Neumann students. Learn more about each endowment simply by clicking the name of the link below or contact Ryan Mascarello in the Development Office at firstname.lastname@example.org. Thank you for your support and generosity!
What is an Endowment?
An endowment is a donation of money or property to a nonprofit organization, which uses the resulting investment income for a specific purpose. An endowment can also refer to the total of a nonprofit institution’s investable assets, also known as its “principal” or “corpus,” which is meant to be used for operations or programs that are consistent with the wishes of the donor(s). Most endowments are designed to keep the principal amount intact while using the investment income for charitable efforts.
Bethany & Tammi Kavan Memorial Endowment