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Endowments 2019-03-28T14:20:19+00:00

Our foundation holds 25 permanent endowments from which only the income can be used to further the purpose for which the endowment was established. The principal includes the initial contribution given to establish the endowment and a portion of investment growth as well as additional contributions to the endowment. The assets of the Foundation grow through sound investment policies and from additional gifts.

The current endowments in our Catholic Foundation offer many ways to leave a legacy that will help a particular mission, ministry, school or a parish effort.

PARISH AND MISSION EFFORTS:

Cathedral Preservation and Endowment Fund
$1,606,139
Preservation of St. Anthony Cathedral Basilica

St. Anthony Callaghan Fund
$1,117,152
Funds for St. Anthony Cathedral for the poor

Leo P. Sam Jr. Blessed Sacrament
Cemetery Fund
$100,000
Operating Expenses for Blessed Sacrament Cemetery

Liberty Cemetery Fund
$85,537
Operating Expenses for Liberty Cemetery

DIOCESAN MINISTRY EFFORTS:

Holy Family Center Fund
$3,313,642
Operating expenses for Holy Family Retreat Center (HFRC)

HFRC Scholarships Fund
$678,493
Scholarships to retreat center functions

Enderle Youth Endowment Fund
$146,328
Operating expenses for the Diocesan Youth Ministry Office

Rabroker Endowment Fund
$1,285,870
Operating expenses for Diocesan Youth Ministry Office

Youth Ministry Endowment Fund
$5,219,330
For parishes and missions unable to financially provide for Youth Ministers and/or their training

Religious Education Endowment Fund
$5,219,329
For parishes and missions unable to financially provide for Parish Catechetical Leaders

Moore Scholarship Fund
$731,161
College scholarships for Youth of the Diocese of Beaumont

CATHOLIC CHARITIES OF SOUTHEAST TEXAS ENDOWMENT EFFORTS:

Catholic Charities of Southeast Texas Endowment Fund
$2,589,103
For operating expenses of Catholic Charities of Southeast Texas

CATHOLIC SCHOOL EFFORTS:

Bishop Byrne Education Fund
$2,606,166
Tuition assistance and scholarships for Catholic Schools in South Jefferson County

Bishop’s Scholarship Fund
$4,624,849
Tuition assistance and scholarships for Catholic Schools in the Diocese of Beaumont

Broussard Scholarship Fund
$95,522
Tuition assistance and scholarships for Catholic Schools in the city of Beaumont

Breazeale Scholarship Fund
$794,881
Tuition assistance and scholarships for Catholic Schools in the Diocese of Beaumont

Plessala Scholarship Fund
$28,668
Tuition assistance and scholarships for St. Catherine of Siena School

Rivett Scholarship Fund
$335,306
Tuition assistance and scholarships for Msgr. Kelly High School

St. Catherine School Endowment Fund
$20,427
Tuition assistance and scholarships for St. Catherine of Siena

St. Catherine School Scholarship Fund
$11,905
Tuition assistance and scholarships for St. Catherine of Siena

St. Anne School Endowment Fund
$3,214,341
Funds to assist with the general operating expenses for St. Anne Catholic School

St. Anne Teacher Endowment Fund
$234,962
Funds to assist with teacher salaries at St. Anne School

DIOCESAN EFFORTS:

Infirm Priests’ Fund
$6,378,399
Medical and basic living expenses for ill priests who are facing financial hardship

Calvary Cemetery Fund
$241,380
Operating expenses for Calvary Cemetery

Diocesan Burse Fund
$1,305,846
For the education of seminarians

Beaumont Catholic Clerical Student Fund
$1,637,830
For the education of seminarians

All endowment amounts are as of June 30, 2018.

GIVING IN A VARIETY OF WAYS

A donor can contribute at any time and with any amount to the established endowments. New or named endowments are established for gifts of $100,000 or more. Gifts can be given during your lifetime or as a bequest. You can also establish a memorial or honorarium. You may want to give a gift in one of the following ways:

• Cash or cash equivalent
• Securities
• Life Insurance
• Retirement Assets
• Charitable Remainder Trust
• Real Estate or Personal Property – Property gifts must be reviewed and be in accordance with acceptance policy