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Endowment Policies 

    Home > Stewardship > St. Regis Endowment > Endowment Policies

Our endowment is held in trust for the parish in The Catholic Foundation of the Diocese of Greensburg. The parish decides how the money is invested. We receive regular quarterly statements. The pastor of the parish, in conjunction with the parish finance council determines whether the interest is to be withdrawn or reinvested. Full reports on disposition of the fund’s proceeds are made annually to the parishioners.

 

All gifts to the Endowment are tax-deductible to the donor and non-taxable to the parish. The Diocese of Greensburg will waive the eight percent diocesan assessment and the 11.5 percent educational assessment on all funds deposited into The Catholic Foundation for endowment purposes.

 




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