Endowment fund
St. James Catholic School has established and maintains an Endowment Fund. The purpose of this fund is to receive and administer contributions, gifts and grants for the benefit of St. James Catholic School and to have funds available in the event of an emergency or unplanned large expenditure that cannot be funded through other means. The Endowment Fund provides for long-term financial security for the school. Our desire is to increase the Endowment Fund to an amount that will allow the school to minimize future tuition increases by using investment earning from the Fund to pay for regular operating expenses.
10% of all school fundraising net proceeds are deposited in the Endowment Fund.