Endowments

An endowment fund is the restricted capital that provides a permanent source of income for Archbishop Mitty High School. The principal is invested in a disciplined manner and the earnings and investment appreciation are channeled back into the fund. This allows the endowment to grow over time and become a source of long-term support that can be maintained permanently.

Endowing Our Future: The Campaign for Archbishop Mitty

Endowments provide much needed funding for families who might not otherwise be able to afford a Catholic college preparatory education; they also provide funding for the programs and services from which all Archbishop Mitty students benefit. We continue our fundraising efforts towards “endowing our future” as we work to successfully achieve the $20 million goal of The Campaign for Archbishop Mitty.

There are three types of endowment funds at Archbishop Mitty:

1. Scholarship Endowment Fund – Investment earnings from this fund provide financial assistance to students with demonstrated financial need.  Named scholarship opportunities begin with a gift or pledge of $10,000 or more.  A scholarship is considered fully funded (providing the minimum AMHS financial aid award) when it reaches $50,000. 
2. Program Endowment Fund – Investment earnings from this fund assist curricular and co-curricular programs at Archbishop Mitty.  Named program endowment opportunities begin with a gift or pledge of $10,000.  The amount required to fully fund program endowments varies, depending on the operating budget of each program. 
3. General Endowment Fund – Investment earnings from this fund supplement the school’s annual operating budget, helping to off-set the gap between tuition and the actual cost of educating a student at Archbishop Mitty.  Named general endowment opportunities begin with a gift or pledge of $10,000.

Those wishing to take part in The Campaign for Archbishop Mitty by establishing their own endowment or by contributing to existing endowments at any giving level should contact Mr. Mason Kimont, the Executive Director for Advancement, at (408) 342-4260.