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Endowments 2018-03-21T15:52:24+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
$1,450,077
Preservation of St. Anthony Cathedral Basilica

St. Anthony Callaghan Fund
$1,081,296
Funds for St. Anthony Cathedral for the poor

Liberty Cemetery Fund
$76,381
Operating Expenses for Liberty Cemetery

DIOCESAN MINISTRY EFFORTS:

Holy Family Center Fund
$3,072,856
Operating expenses for Holy Family Retreat Center (HFRC)

HFRC Scholarships Fund
$632,227
Scholarships to retreat center functions

Enderle Youth Endowment Fund
$141,632
Operating expenses for the Diocesan Youth Ministry Office

Rabroker Endowment Fund
$1,201,808
Operating expenses for Diocesan Youth Ministry Office

Youth Ministry Endowment Fund
$5,047,281
For parishes and missions unable to financially provide for Youth Ministers and/or their training

Religious Education Endowment Fund
$5,047,280
For parishes and missions unable to financially provide for Parish Catechetical Leaders

Moore Scholarship Fund
$700,589
College scholarships for Youth of the Diocese of Beaumont

CATHOLIC CHARITIES OF SOUTHEAST TEXAS ENDOWMENT EFFORTS:

Catholic Charities of Southeast Texas Endowment Fund
$2,504,014
For operating expenses of Catholic Charities of Southeast Texas

CATHOLIC SCHOOL EFFORTS:

Bishop Byrne Education Fund
$2,522,518
Tuition assistance and scholarships for Catholic Schools in South Jefferson County

Bishop’s Scholarship Fund
$4,472,107
Tuition assistance and scholarships for Catholic Schools in the Diocese of Beaumont

Broussard Scholarship Fund
$92,461
Tuition assistance and scholarships for Catholic Schools in the city of Beaumont

Breazeale Scholarship Fund
$769,362
Tuition assistance and scholarships for Catholic Schools in the Diocese of Beaumont

Plessala Scholarship Fund
$27,754
Tuition assistance and scholarships for St. Catherine of Siena School

Rivett Scholarship Fund
$324,548
Tuition assistance and scholarships for Msgr. Kelly High School

St. Catherine School Endowment Fund
$19,777
Tuition assistance and scholarships for St. Catherine of Siena

St. Catherine School Scholarship Fund
$11,527
Tuition assistance and scholarships for St. Catherine of Siena

St. Anne School Endowment Fund
$3,110,588
Funds to assist with the general operating expenses for St. Anne Catholic School

St. Anne Teacher Endowment Fund
$227,319
Funds to assist with teacher salaries at St. Anne School

DIOCESAN EFFORTS:

Infirm Priests’ Fund
$5,692,660
Medical and basic living expenses for ill priests who are facing financial hardship

Calvary Cemetery Fund
$233,632
Operating expenses for Calvary Cemetery

Diocesan Burse Fund
$1,368,764
For the education of seminarians

Beaumont Catholic Clerical Student Fund
$1,569,405
For the education of seminarians

All endowment amounts are as of June 30, 2017.

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