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  • About Us
    • Covid Guidelines
    • History & Mission Statement
    • New Parishioner Registration
    • Bulletins
    • Adoration Chapel
    • Financial Information
      • Parish & School Financial Info
      • Online Giving/WeShare
      • SMG ENDOWMENT FUND
    • Funeral Information
      • Funeral Planning Information
      • Current Funerals Scheduled
      • Funeral Planning Booklet
    • Protecting God’s Children
    • Facilities Strategic Plan
      • Facilities Strategic Plan 2016
      • SMG Activity Center Renovation
  • Faith Formation
    • Adult
    • Called & Gifted
    • Holy Hour
    • Becoming Catholic (RCIA)
    • CRHP Christ Renews His Parish
    • Nourish for Caregivers
    • CAFE Evening Study
    • CAFE Women’s Bible Study
  • Sacraments
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    • Sacramental Preparation for Children
    • Marriage
    • Becoming Catholic (RCIA)
    • Holy Orders/Consecrated Life
    • Anointing of the Sick
  • Childrens
    Religious Ed.
    • Returning Family Registration
    • RE Payment Page
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    • 2021/2022 R.E. Calendar
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  • Ministries
    • New Liturgical Ministers Sign-Up
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  • Media
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    • Calendar
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  • Support Us
    • Online Giving/WeShare
    • Other Donation Options
    • Endowment Fund
    • Illinois Tax Credit Scholarship
  • Contact Us
    • Have a Question?
    • Staff Directory
    • Directions – St. Mary of Gostyn Campus
    • Get Email Updates
    • Accident & Injury Reporting
  • School
  • St. Mary of Gostyn Catholic Parish
  • About Us
    • Covid Guidelines
    • History & Mission Statement
    • New Parishioner Registration
    • Bulletins
    • Adoration Chapel
    • Financial Information
      • Parish & School Financial Info
      • Online Giving/WeShare
      • SMG ENDOWMENT FUND
    • Funeral Information
      • Funeral Planning Information
      • Current Funerals Scheduled
      • Funeral Planning Booklet
    • Protecting God’s Children
    • Facilities Strategic Plan
      • Facilities Strategic Plan 2016
      • SMG Activity Center Renovation
  • Faith Formation
    • Adult
    • Called & Gifted
    • Holy Hour
    • Becoming Catholic (RCIA)
    • CRHP Christ Renews His Parish
    • Nourish for Caregivers
    • CAFE Evening Study
    • CAFE Women’s Bible Study
  • Sacraments
    • Baptism
    • Sacramental Preparation for Children
    • Marriage
    • Becoming Catholic (RCIA)
    • Holy Orders/Consecrated Life
    • Anointing of the Sick
  • Childrens
    Religious Ed.
    • Returning Family Registration
    • RE Payment Page
    • Religious Education Registration Information
    • Sacramental Preparation for Children
    • RE Curriculum
    • 2021/2022 R.E. Calendar
    • Children’s Liturgy of the Word
    • Volunteering
  • Ministries
    • New Liturgical Ministers Sign-Up
    • Ministry Guide
    • Liturgical Ministries
      • Altar Servers
      • Art & Environment
      • Lectors
      • Extraordinary Ministers of Holy Communion
      • Music Ministry
      • Sacristans
      • Ushers/Greeters
  • Media
  • Events
    • Calendar
    • Facilities Reservation Form
  • Support Us
    • Online Giving/WeShare
    • Other Donation Options
    • Endowment Fund
    • Illinois Tax Credit Scholarship
  • Contact Us
    • Have a Question?
    • Staff Directory
    • Directions – St. Mary of Gostyn Campus
    • Get Email Updates
    • Accident & Injury Reporting
  • School

SMG ENDOWMENT FUND

St. Mary of Gostyn School
Endowment Fund


Click here if you would like to contribute online now to the SMG School Endowment Fund. 


The History of the Endowment Fund

In the early 1990’s, a group of SMG parishioners set forth a long term plan to ensure the future financial stability of the school by creating an Endowment Fund. The fund’s purpose was to provide an additional source of income to help fund the school’s operating expenses, capital projects, and special needs so that a catholic education could remain affordable for families. Funds have been raised through the annual dinner dance, the annual parish wide appeal, and direct donations. Beginning in 2010, a Diocesan Fund Board was established to oversee approximately 50 endowment funds in the Joliet Diocese. The Diocesan distribution policy allows withdrawals of up to 4% of the 3 year average market value of the fund for school operating expenses.  An additional 1% may be distributed for capital expenditures or special needs.

 

St. Mary of Gostyn
Parish Offices

445 Prairie Avenue
Downers Grove, IL 60515
Phone (630) 969-1063
Fax (630) 969-1289

St. Mary of Gostyn
Church & Rectory

444 Wilson Street
Downers Grove, IL. 60515
Phone (630)969-1063

St. Mary of Gostyn
Catholic School

440 Prairie Avenue | Downers Grove, IL.  60515
Phone (630) 968-6155  |  Fax (630) 968-6208

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