Msgr. Allen Trust and Development Fund
What is the Monsignor Allen Trust and Development Fund?
The Monsignor Allen Trust & Development Fund (MATDF) is an endowment fund that was established in 1990 as a way to support the philosophy and financial stability of Holy Souls School, its children, and grandchildren. In view of the fact that many Catholic schools have been forced to close due to lack of financial support, the Monsignor Allen Trust Fund will ensure the continuation of enhancements.
Endowment funds are often equated to a savings account. Unlike annual gifts, endowment fund contributions are never spent. Instead, they are invested, and the return supports the school in perpetuity, ensuring that the fund’s assets can increase over time through reinvestment. Professional money managers oversee the actual investment of funds but these managers are guided and directed by a Board of Trustees and its policies.
As a trust fund donor, you have a unique opportunity to watch your gifts inspire, encourage and create excellence today, with the assurance that your investment will touch countless lives for generations to come.
The Msgr. Allen Trust and Development Fund meets the third Wednesday of each month.
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