What Will Your Legacy Be?

Imagine giving a gift that will leave a legacy. Including an Education Endowment Fund in your will or other estate plans, you have the opportunity to secure faith formation for all parishioners; child, youth, and adult. Your gift will be preserved and invested, with the earnings providing a never-ending stream of income.

HOW IT WORKS 

Unlike most gifts, which are spent on immediate needs, an endowment fund is permanent. When you make a gift to an endowment, the gift is invested, and a portion of the earnings is distributed annually to meet the needs of the ministry. Since only a portion of the earnings can be spent in any given year, the fund has the potential to continue to grow over time. In this way, your legacy will have the capacity to bear everlasting fruit.

We use the Education Endowment Fund for a variety of education and faith formation activities, including: 
a) Financial aid for students attending St.Joseph Catholic school who are in need
b) Speakers for adult faith formation
c) Christ Renews his Parish Adult Retreats
d) Deacon Formation Program
e) Called & Gifted lay ministry formation
f) Tuition for children of volunteer catechists in the Religious Education Program

1) What are my options to contribute?

There are a variety of ways to support this fund.
a) Remembrance Giving- In memory of loved ones and friends, in honor of anniversaries, birthdays, and baptisms or other special events.

b) Gifts during your lifetime- A gift of cash, stocks, mutual funds, bonds, real estates, or personal property. 

c) Annuity and Trust Arrangement- A gift of money or property that pays you for the rest of your life with the remainder going to the Endowment Fund.

d) Gifts designated in your Will- Such as cash, bonds, stocks, real estate or personal property. 

2)  How is the fund managed? 
 
The fund is managed by the Endowment Board of Directors comprised of St. Joseph parishioners who represent the leadership groups of the parish. The funds are invested through a professional management firm. Annual spending depends on the performance of the fund. 

3) Who do I contact to invest in this opportunity? 
Please contact the Parish Office:

St. Joseph Catholic Church
121 East Maple Avenue
Libertyville, IL 60048

Phone: 847-362-2073