1. St. Mary’s School Financial Picture and Outlook – May 2017

2. St. Mary’s School Financial Picture and Outlook – May 2017

3. St. Mary’s School Financial Picture and Outlook – May 2017

4. St. Mary’s School Financial Picture and Outlook – May 2017
School Endowment Background and Information
Endowment Fund contributes between $50,000 and $80,000 per year to school budget
Endowment Fund earns between $50,000 and $80,000 during an “average” year
Life time contributions (gifts) to the fund are approximately $775,000
Life time earnings of the fund are approximately $1,338,000
Life time withdrawals (to fund the school) are approximately $936,000
Only earnings (not principal) may be used to fund the school – so $402,000 plus future earnings left to spend ($1,338,000-$936,000)

5. St. Mary’s School Financial Picture and Outlook – May 2017
*** Parish cash combined with available funds from the Endowment Fund are approximately $700,000 currently