Malden Catholic provides you the opportunity to remember or honor a person or family by establishing an endowed fund in their name(s). There is a minimum amount needed to be donated to initiate such a fund. The purpose of the fund can be for any need of the school such as scholarships and financial aid, technology, faculty development, maintenance, etc. Each year, Malden Catholic will typically use 5% of the principal of the endowed fund to provide a greater opportunity for the young men of Malden Catholic. The remaining balance will grow in an investment according to the investment policies of the Board of Trustees. The endowed fund will therefore exist in perpetuity in the honor or memory of the person or family of your choice.
To learn more about creating an endowed fund at Malden Catholic, please contact Mr. Robert J. McCarthy, Director of Advancement, at 781-475-5333 or firstname.lastname@example.org.