Planned Giving
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MAKING A LASTING GIFT
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Endowment Funds are way for the Parish to maintain long-term funding for ministries within the Parish. Our goal is to invest the money made available through the funds, making the net income from that investment available for spending, but maintaining the principal. This allows your donation to have a much greater impact over a longer period of time than if it were spent immediately.
Saint Frances Cabrini Parish and School has established two endowment funds with the purpose of supporting enduring parishioner legacies for the benefit of Saint Frances Cabrini Parish and School.
- Saint Frances Cabrini Education Endowment Fund
Monies may be used for any parish education and Catholic formation programming, including supporting the school, non-school child and youth formation programs, and adult education. - Saint Frances Cabrini Parish Endowment Fund
Monies may be used for any needed parish ministries for facilities maintenance, or improvements.
WAYS TO CONTRIBUTE
These funds are a component of the Saint Frances Cabrini Planned Giving Strategy. There are many ways for parishioners to contribute:
Direct bequests in wills or living trusts
Charitable remainder trusts
Designation of Saint Frances Cabrini Parish as a beneficiary under life insurance plans, annuities, 401k’s or IRA’s
Direct gifts of cash
Direct gifts of appreciated property
Donor Advised Gifts
For more information please contact Rick Doll, Director of Administrative Services at 262-338-2366.COMMONLY ASKED QUESTIONS
How are the funds managed?
The funds are managed through the Catholic Community Foundation. The Foundation (www.legaciesoffaith.org) is a separate entity independent of the Archdiocese of Milwaukee and is governed by an independent Board of Directors. Professional investment managers make investment decisions in accordance with Foundation guidelines. The Foundation manages the funds with the goal of long-term growth based on socially responsible guidelines.
How are disbursements from the fund determined?
All disbursements from the Endowments are approved by the Pastoral Council upon recommendation from the Finance Council. On an annual basis, grants for ministries will be designated. Distributions shall be of net income so that the principal is preserved.
Can I designate funds for a specific use?
Contributions to the endowments with mandated restrictions will be received and allocated for designated use. All other contributions to the endowments will be viewed as “unrestricted” and their income will be available for whichever ministry grant is determined by the Pastoral Council.
“Remember this: Whoever sows sparingly will also reap sparingly, and whoever sows generously will also reap generously… And God is able to make all grace abound to you, so that in all things at all times, having all that you need, you will abound in every good work. ” - 2 Corinthians 9: 6 – 8
Saint Frances Cabrini Heritage Wall — Legacy Beyond Our Lifetime
Our legacy began in 1957 with the founding of Saint Frances Cabrini Church and School in West Bend. Over 60 years later, we continue to keep this strong tradition of supporting the parish and school. The Pastoral Council invites parishioners to join in creating a long lasting opportunity for parishioners to leave their legacy beyond our lifetime. Starting in Spring 2017, we will create a Saint Frances Cabrini Heritage Wall along the south wall of Mother Cabrini Hall. This new area will allow our donors to honor a loved one along with their donation of a special financial gift to the
parish.If you would like to be a part of our Heritage Wall, there are just a few simple steps:
- Make a donation to the parish as part of any special project or targeted appeal other than your annual pledged contribution.
- Call the parish office to indicate that you would like your one-time gift to be in honor of a special person.
- Let us know the names of persons wishing to be added to the wall donated through pledges will be added when the pledge is received in full.
HERITAGE WALL GIVING LEVELS
Capstone Donors $25,000
Pillar Donors $10,000
Foundation Donors $5,000
Living Stone Donors $1,000Saint Frances Cabrini Heritage Wall:Legacy Beyond Our Lifetime (pictured above)
(CLICK FOR FORM) - Saint Frances Cabrini Education Endowment Fund
