What is the purpose of the Mater Dei Foundation?
Like individuals, Mater Dei Catholic High School must possess a financial plan for the future. Thus, the Mater Dei Foundation exists to provide long-term financial support to Mater Dei Catholic High School, thereby ensuring its ability to continue to provide a high-quality Catholic education at an affordable cost.
How does the Mater Dei Foundation utilize donations?
Donations to the Mater Dei Foundation are permanently invested. Each year, the annual earnings from the investment are then donated to Mater Dei Catholic High School’s general fund to assist with annual operating expenses. Thus, the investment itself is maintained in order to ensure future earnings. As a result, a donation to the Mater Dei Foundation is “a gift that keeps giving.”
How much has the Mater Dei Foundation donated?
Donations from the Mater Dei Foundation have served as a stable source of income and allowed Mater Dei Catholic High School to confidently plan for the future. Specifically, from its establishment in 1989 through 2018, the Mater Dei Foundation has donated $2,400,000 to Mater Dei Catholic High School.
What if the Mater Dei Foundation’s investment does not grow?
Like the cost of living for individuals, Mater Dei Catholic High School’s expenses increase annually. As a result, the ability to continue to provide a high-quality Catholic education at an affordable cost is a constant concern.
The Mater Dei Foundation’s donations can only increase as its investment increases. Thus, it is essential for the Mater Dei Foundation’s investment to increase through the generous donations of benefactors in order for Mater Dei Catholic High School to maintain affordable tuition now and in the future.
For additional information regarding the Mater Dei Foundation, please contact Amy Wobbe, Mater Dei Foundation Planned Giving Coordinator.
Amy Wobbe, Mater Dei Foundation Planned Giving Coordinator
work: 618-526-7216
cell: 618-978-9091
email: awobbe@materdeiknights.org