Malden Catholic provides you the opportunity to remember or honor a person or family by establishing an endowed fund in their name(s). With a minimum of $25,000 the Designated 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 fund to provide a greater opportunity for the students of Malden Catholic. The remaining balance will grow in an investment according to the investment policies of the Board of Trustees. The 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 P'07, Director for Advancement, at 781-475-5333 or email@example.com.