Education Endowment

HNJ's Philosophy of Education

To help students of all ages grow in their awareness of God...to accept and appreciate their neighbors, and to gain knowledge/understanding. Our greatest challenge and responsibility as Christians is to assure that all who seek to learn our Faith, Scripture and Liturgy are taught with sensitivity for Christian values and morality, while preserving the individual identity and creativity of each student. Our responsibility extends beyond the elementary level. We must provide youth and adult enrichment programs to meet the needs of all. We strive to instill in our students, Catholic attitudes and values, in an atmosphere of love and encouragement. The HNJ Education Endowment Fund is but another step in this much needed direction.

 

In 1991, HNJ's Education Endowment Fund was created to support quality, religious education at our school. The concept of Education Endowment is very simple; a pool of money is accumulated in a fund where the principal amount remains intact and only the interest may be spent. For example, a million-dollar endowment at 10% would earn $100,000 for that year's current operations. Revenue from interest would be designated to offset tuition increases, or other important projects. In this way endowment funds add to the institution's financial stability in good years and bad, helping to assure an institution's viability.


The funds produced from HNJ's Education Endowment Fund by way of investments is used to enrich our parish catholic education by way of:

  • Elementary Faith Formation—providing weekly instruction to public school children
  • Adult Religious Education—providing enrichment to adult parishioners
  • Holy Name of Jesus Catholic School—founded in 1964 has provided catholic values to students from Pre-school through 8th grade

 

How Can You Give to the Endowment Fund?:  The Education Endowment fund is a powerful way to contribute to the handing down of our Catholic Heritage to future generations and can be done various ways:

  • Cash, check or credit card
  • Your Will—Our legal title is: Most Reverent John Noonan, as Bishop of the Diocese of Orlando, his successors in Office and assigns, a corporation sole. For use by Holy Name of Jesus, Indialantic 32903
  • Charitable Gift Annuity—provides immediate tax savings and a fixed income stream for life and minimizes or defers capital gains tax on gifts of appreciated securities
  • Education Endowment Mass Cards for Bereaved and the Living—Give tribute to a loved one by having them remembered at a Mass by purchasing a leather-bound Mass Card for $25. These can be purchased at the Parish Office.
  • Memorial vigil candles are available inside and outside of the Church.  Cost for one year: $200.  Arrangements can be made in the Parish Office.
  • In lieu of funeral flowers etc., have donations made to HNJ Education Fund (Stocks, bonds, mutual funds, Living Trusts, Real Estate, Life Insurance)

 

 For more information, contact Debbie Caulfield, 321-773-2783, x122 email.