LEGACY ENDOWMENT FOR OPERATIONS The Legacy Endowment was established to provide support in perpetuity for school operations. Endowment revenue allows Central Catholic greater flexibility to maintain a reasonable tuition, provide better resources for the learning environment, and offer tuition assistance to help cover the stated needs of students and families.
Gifts to the Legacy Endowment for Operations July 1, 2020 - June 30, 2021 $20,341 Legacy Endowment Total Balance as of June 30, 2021 $1,699,014
The Legacy Endowment Fund is comprised of the General Legacy Endowment and of named Legacy Endowment funds for the same purpose, but whose principal exceeds $25,000.
Named Legacy Endowment Funds The Sally Christianson Memorial Legacy Endowment Fund The Class of 1960 Memorial Legacy Endowment Fund The Albert ’51 and Susanne Corrado Legacy Endowment Fund The Helen Greene Memorial Legacy Endowment Fund The Robert ’42 and Rose Harris Memorial Legacy Endowment Fund The Glenn W. ’46 and Joanne A. Hittner Legacy Endowment Fund The Sister Mary Justitia, IHM Memorial Legacy Endowment Fund The George ’55 and Shirley Kane Legacy Endaowment Fund In Memory of Bernard and Norabelle Kane
The William ’54 and June Klein Legacy Endowment Fund The Lorenz Family Legacy Endowment Fund The Rev. Donald McHugh ’47 Legacy Endowment Fund The James Montgomery, Sr. Memorial Legacy Endowment Fund The William ’46 and Rosemary Moore Memorial Legacy Endowment Fund The Rev. Joseph J. Neuville Memorial Legacy Endowment Fund The Eugene Edmund Snyder Memorial Legacy Endowment Fund The Student Support Services Legacy Endowment Fund The Arthur and Vivienne Wiese Legacy Endowment Fund
CREATE YOUR LEGACY After Penelope O’Neill’s passing in 2019, Tim Lundell ’68 established the Penelope O’Neill Memorial Scholarship for Girls Rising Above, to provide need-based tuition assistance for girls who would derive significant benefit from the high-quality education provided by Central Catholic High School. Tim saw the scholarship as a step in furthering opportunities for college and as an assist in breaking the cycle that might otherwise keep them at risk for poverty and abuse. We are grateful to Tim, who let us know that he has also included additional funding for this scholarship through a provision in his will. Thank you, Tim, for your foresight and generosity. “Like so many other CCHS grads, my path to success, both in career and in life, began with the education and values I acquired at Central Catholic High School. While we all aspire to make life easier for our kids and grandkids through inheritance, it was an easy choice for me to share some of that benefit with young people that might not otherwise have the chance, as I did, to dream big and to acquire the tools that made those dreams come true. It’s an easy step to take, to name CCHS in your will, or in your revocable trust, or even as a beneficiary of your retirement funds.” Tim Lundell ‘68 To learn more about how you can include Central Catholic in your will or trust and make a powerful impact on tomorrow’s students contact Ellie Dir, Vice President of Advancement at 503.230.106 or edir@centralcatholichigh.org. Tim Lundell ’68 and his wife, Penelope O’Neill, enjoying the 50year reunion of the Class of 1968, held at Central Catholic in 2018. 12 | Central Catholic Magazine
Including Central Catholic in your long term financial plan allows you to: • Make a significant gift without affecting your current income • Provide a charitable tax deduction for your estate • Ensure the best possible education and opportunities for future generations
