Donors who wish to see their gifts provide a legacy to support a cause in perpetuity can do so through an endowment fund. These funds provide a source of annual income for JPII, making it possible for the donor to ensure long-term, everlasting financial support for the center.
JPII currently has two endowment funds, both managed by the Catholic Foundation of Eastern Pennsylvania. As these funds grow, so does the financial support provided to JPII.
John Paul II Center for Special Learning Endowment Fund
Established by Jack and the late Peggy Horrigan in March 2011, the JPII Endowment Fund provides unrestricted funds for any purpose or project in the education of JPII students and adults with developmental and intellectual disabilities. The endowment ensures that critical educational and therapeutic programs, special projects, and resources are available annually to all students and adults.
John Paul II Center Teacher Excellence Endowment Fund
Established in 2020 by an anonymous couple, the fund supports a teacher excellence program that provides annual honorariums to recognize the outstanding work and tireless effort performed by all Diocesan classroom teachers and teacher aides in JPII’s school-age program.Support an existing fund
To help the funds continue to grow, donations can be made directly to the funds through the Catholic Foundation of Eastern Pennsylvania. These gifts can be part of your estate plan through a bequest or be made today through a variety of financial assets to establish or support an endowment during your lifetime, including:
- Cash gift
- Securities – Avoid capital gains by donating appreciated stocks to an endowment fund.
- IRA – An individual who is 70.5 years old or older may transfer up to $100,000 per year into an endowment fund without tax penalty.
- 401 K – Transfer monies from your 401K into an IRA to make a gift to an endowment fund.
- Insurance Policy – Proceeds from a fully paid insurance policy may be donated to an endowment fund.
- Beneficiaries for insurance policies or investment funds – Include an endowment fund as a full or partial beneficiary.
(Information provided by the Catholic Foundation of Eastern Pennsylvania)
What Legacy Will You Leave?
We all desire significance – to lead happy and fulfilled lives surrounded by family and friends. And for many of us, there is a compelling need to make a difference – to leave a lasting impact on the people dearest to us and the world in which we live.
“Providing a guiding hand for our students, today and tomorrow.”
The search for significance and desire to plan for the future leads many to ponder their legacy. What kind of legacy will you leave?
For more information on making a contribution to John Paul II Center’s Endowment Fund, please call us at 610-777-0605 or contact us below.