|Memorials/ Gifts in Honor of
Gifts can be made in memory or honor of classmates, parents, friends, teachers, and Dominican Sisters and can be designated for any area of the school including: Tuition Assistance, Music, Athletics, Science and technology.
An endowment is funds set aside permanently so that only a portion of the earnings is used on an annual basis. An endowed gift is one in which the original principal is never touched, only a small percentage of the earnings are used for annual operating expenses or for the purpose the donor has specified, such as scholarships.
By carefully planning your gifts, you can give more than you thought possible while creating tax benefits and increasing the income available for your family. Bequests in wills, insurance, and charitable trusts are examples of planned gifts