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Endowment

St. Francis High School is one of the finest Catholic schools in the Chicago area. Nevertheless, we must continually evolve to meet the challenges and opportunities of educating students.
St. Francis High School is one of the finest Catholic schools in the Chicago area. Among all the investments made here, none will have a more lasting impact than those gifts added to the St. Francis High School Endowment Fund.

A strong endowment is the “story behind the story” at the most successful schools, universities, and cultural institutions across the country. The institutions that set the standards of quality, push the frontiers of innovation, and sustain greatness over generations are, almost without exception, those with strong endowments.

At St. Francis High School, we’ve built an extraordinary school through the talent and commitment of visionary leaders, gifted educators, and dedicated families since 1957. And so far, our endowment has played only a modest role in our success.

While other schools stand on stronger endowments, we’ve built an excellent school by making exceptionally careful use of our resources, identifying and developing outstanding talent in our faculty and staff, and inspiring the generous support of our families and alumni year after year. Imagine what we could do if, in addition to those defining strengths, we also had a truly strong endowment…

A stronger endowment will enable St. Francis High School to:

  • Invest in innovative program ideas, take risks and continue pursuing new ways to enhance an already-great educational and developmental experience for our students.
  • Attract, develop, and retain the strongest faculty in an increasingly competitive environment.
  • Keep St. Francis High School accessible by controlling tuition growth and funding greater financial aid for families.
  • Maintain and enhance our campus without relying as heavily on tuition or campaigns.
  • Sustain a financially strong school through fluctuations in the economy and environment.
  • And, most importantly, ensure that St. Francis High School can survive and thrive for future generations of students.

    To ensure that a St. Francis High School education is not only relevant and as stimulating in the future as it is today, but also accessible for all families, we must continue to build a financial endowment for the future. Together, we can guarantee St. Francis High School will be available for our future generations.

Endowment Donation Form

Frequently Asked Questions

List of 15 frequently asked questions.

  • What is an endowment?

    An endowment is the permanent capital of an institution comprised of gifts given over time. St. Francis High School’s endowment provides funding to support the school’s academic mission for current and future students and lends fiscal stability to the school.
  • Why should I give to the endowment?

    You should give to the endowment to help reduce the school’s reliance on tuition and keep tuition rates from increasing exorbitantly. Income from the endowment directly supports the operating budget. Unrestricted endowment provides the school with the greatest flexibility.
  • What is the size of St. Francis High School’s current endowment?

    As of June 30, 2017, St. Francis High School’s endowment is currently valued at $1.88M.
  • How does that compare with our peer schools and comparable schools nationally?

    St. Francis High School is at a competitive disadvantage when compared to other schools nationally, both in total endowment and in endowment per student.
  • How can I give to the current endowment?

    Gifts may be paid by check, credit card, stock transfers, or wire transfer. In addition, transfers of appreciated assets such as real estate, art, etc. are all acceptable means of funding an endowment. Planned gifts and bequests may also be used to add to endowment.
  • What impact will a larger endowment have on tuition?

    While it is likely that there will always be an annual tuition increase, the goal of building the endowment is to mitigate those tuition increases and to keep them as low as possible. As the endowment grows, so does the school’s ability to keep tuition in check.
  • Can I still direct my endowment gift?

    Donors can indicate if they wish for their gift to be directed toward support of faculty, financial aid, academic or extra-curricular programs, capital improvements or unrestricted.
  • How much should I give to the endowment?

    Any gift amount is welcome and we encourage all families to participate in this ongoing effort.
  • How much is required to establish a named endowment?

    Currently, a $100,000 threshold must be reached in order to name an endowed fund.
  • What are the endowment naming opportunities?

    • Endowed Faculty Chair: $1,000,000 cover a substantial portion of the average salary and benefits for a faculty member.
    • Endowed Full Scholarship: $275,000
    • Endowed Partial Scholarship Fund: $100,000 or more
    • Endowed Restricted Program Fund: $100,000 or more
    • Endowed General Fund for Faculty, Financial Aid or Program: $100,000 or more
    • Endowed Unrestricted Fund: $100,000 or more
  • How much income from the endowment is spent each year?

    The Endowment Policy, approved by the St. Francis High School Board of Directors, allows the school to spend no more that 4% of a three-year calendar average of the endowment’s value. This conservative spending rate allows the endowment to grow.
  • Who invests and manages the endowment funds?

    The investments are managed by an independent outside financial investment company that is overseen by the Finance Committee of the St. Francis High School Board of Directors.
  • What if I cannot give $100,000?

    Again, all gifts of any size are welcome. Gifts below $100,000 or lifetime giving below $100,000 can be directed to a general endowment fund. If at any time, your gifts to St. Francis High School endowment total $100,000 (or the stated minimum at the time) all of your prior endowment gifts can be credited to your fund.
  • How will I know what my current endowment total is?

    Total giving by individuals will be tracked by the school. Each year, they will notify you of the total amount added to endowment previously.
  • I have questions that aren’t answered on the FAQ. Who should I contact?

    Michelle Clegg, Vice President of Institutional Advancement, St. Francis High School President (630) 668-5800 x 1220 or mclegg@sfhscollegeprep.org.

St. Francis High School