ENDOWMENT:

A GIFT FOR TOMORROW

The Endowment Funds for the St. Cecilia Congregation were recently established by the General Council of the Congregation for the purpose of providing supplemental financial support for the long-term needs of the community. To establish and build endowment the priority areas of need have been identified as Motherhouse Endowment Fund, Education Endowment Fund, and Congregation Endowment Fund. Contributions to the endowment are permanently invested with the Congregation using a percentage of the fund’s average earnings. Whether making a gift to the endowment of cash or stock; a deferred gift through such vehicles as a will or bequest, IRA or other retirement fund; or charitable trust, benefactors can assist the Dominican Sisters in meeting tomorrow's needs.

 MOTHERHOUSE ENDOWMENT FUND  

Now that the St. Cecilia Motherhouse has been renovated and expanded the community wants to ensure that future generations of Dominican Sisters will be able adequately to maintain the Motherhouse with supplemental support from this endowment.

 EDUCATION ENDOWMENT FUND 

The Education Endowment Fund has been established to provide long-term support for the education of the sisters. The Dominican tradition of study and prayer are vital to the charism of the Dominican Sisters of St. Cecilia. The sisters in the novitiate are trained for their religious life as well as educated as teachers. For the sake of the apostolate, the sisters also pursue advanced degrees. This cost of educating the sisters is a very large but important and necessary expense.

 CONGREGATION ENDOWMENT FUND

The Congregation Endowment Fund has been established for the purpose of providing long-term support to the mission and life of the Dominican Sisters.

 HEALTHCARE ENDOWMENT FUND

The Healthcare Endowment Fund has been established for the purpose of providing long-term support to help defray the ever-increasing costs of healthcare for the sisters, especially the retired and infirm sisters.

 RETIREMENT ENDOWMENT FUND

The Retirement Endowment Fund has been established for the purpose of providing long-term support for the Dominican Sisters who have given their lives in service to the Church.