Padua Franciscan Endowment Trust
“Receiving a scholarship from Padua means that someone believes in you and your abilities. They see potential in you and want to help you achieve your academic goals. Scholarships are a gift of trust—trust that you will do your best, and will remain dedicated to your pursuit of education.” – A Padua Student.
The Padua Endowment Trust, founded in 1981, provides funds to support the financial assistance program at Padua Franciscan. Contributing to the Padua Franciscan High School Endowment Trust enables you to create a gift that remains for perpetuity in the school and continues to give to our students. The trust grows through tax-deductible contributions, including gifts of cash, securities, and planned gifts such as life insurance, annuities, bequests, or charitable remainder or lead trusts. Funds are invested in order to secure the most favorable rate of return and are managed by the Board of Endowment Trustees who make annual distribution to the school to the financial assistance program of $150,000 or more.
Currently, 54 Named Endowment Scholarships have been established at Padua. You can join this committed group of Padua stakeholders by establishing a scholarship fund in your name, or in memory of a loved one.
- The fund can be named with a commitment of $50,000.
- Donors and named funds are recognized in the annual report, Celebrating Our Donors.
- Future contributions can be designated to the fund, allowing the principal balance to grow.