| The purpose of the Priests for the 3rd Millennium Endowment Fund is to ensure the future well being of the seminary by providing funds for faculty positions, faculty development and seminary programs. Interest income from the endowment is essential in keeping tuition as low as possible while maintaining the seminary’s program excellence and facilities. With increased endowment income a necessity, Priests for the 3rd Millennium seeks to build the endowment by $200,000 each year for five years. Gifts to the endowment of any size and type are welcomed.
Endowments are often built through major gifts or planned gifts, such as gifts that pay income for life (gift annuities) and bequests.
Named funds may be established within the endowment to honor a beloved priest, a family member or other loved one.
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