LEGACY GIVING VIA ONE OF SAINT OLAF'S TWO ENDOWMENT FUNDS
You can make a direct gift of cash, stock, or from your Donor Advised Fund at any time to Saint Olaf Endowments. Another option is to make a "Forever Gift" to Saint Olaf. You can also make a future gift through a bequest in your will or estate plan, a beneficiary designation in your retirement plan, or a designation in your life insurance policy. Your Forever Gift will allow Saint Olaf to maintain our ministries and programs to tomorrow's members, maintaining our mission to Serve as a living sign of Christ's saving grace in the heart of the city.
Please note: As with any financial plan, contact your legal or financial advisor with questions in advance.
Click here to make an Online Direct Gift to one of Saint Olaf's Endowment Funds today.
Saint Olaf Endowment Fund
The Saint Olaf Endowment Fund was created in 1996 with an initial investment of $55,000 and currently stands at $160,399. This fund is a permanent endowment, which means the principle can never be touched, but interest earnings in the form of grants are distributed annually as a Forever Gift to the parish. The Saint Olaf Endowment Fund was established for the benefit of Saint Olaf for use in social outreach, capital improvement needs, education, worship and other program areas and needs. This past year we received a grant of $5,000 for Saint Olaf’s use. We hope to grow the Saint Olaf Endowment Fund to provide for the future needs of this parish. As we celebrate our 80th Anniversary, we are encouraging parishioners and friends of Saint Olaf to consider honoring their relationship with Saint Olaf by making a direct or future gift to the Saint Olaf Endowment Fund.
Dorothy Ellstrom Endowment Fund
Our second endowment, the Dorothy Ellstrom Endowment, created by a directed gift from the Ellstrom estate in 2007, now totals just over $1,000,000. This permanent endowment is specifically designated for the spiritual enrichment of Saint Olaf parishioners and we have used the annual grants from this endowment to fund staff positions, support liturgical needs, faith retreats, and opportunities which move the faith forward, most recently to increase our live stream capabilities to bring Daily Mass to all.
ST. OLAF CATHOLIC CHURCH215 S. 8TH STREET, MINNEAPOLIS, MINNESOTA 55402612-332-7471Website Policies