FATHER BIASIO & DONNA MARTIN ENDOWMENT FUNDS
(L)Mr. Ray Monti, (M) Mr. John Perez (R) Father Mariano Biasio
Gifts to each named Endowment Fund are an investment in the long-term financial health of Paraclete High School. Endowment Funds are held in long-term investments with the principal remaining untouched, which creates a permanent source of revenue for the school’s annual tuition assistance program. Each endowment fund is structured to grow over time through reinvestment of interest and dividends earned will be used towards tuition assistance.
[Endowment Funds are created to help insure the financial stability of a non-profit. At Paraclete, interest earned by the Fund is used to offer financial assistance for tuition for students in need.]
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