This endowment was established to provide long-term financial security for the parish while supporting its mission. It is meant to grow the fund’s principal while generating income yearly from the interest. There is no limit to the number of donors who may contribute to the fund, and gifts of any size are encouraged. The fund has been established with the Central Kentucky Community Foundation and will remain within its management.

This fund provides scholarship assistance in the form of grants to help offset the cost of a Catholic education for students at Saint James Catholic School (SJS) using the following criteria:

• Students must be planning to attend SJS 
• Students must be qualified to attend SJS based on all other requirements for admission
• Students must demonstrate a desire and financial need to achieve their educational goals

Grants can be used to help defray the full cost, or any portion of the cost, of any or all of the following:

• Tuition
• Academic fees
• Any required items payable direct to SJS

You may choose to continue your stewardship by including Saint James Catholic Church or School in your will in one of the following ways:

• A specific dollar amount
• A percentage of the value of the estate or the estate’s residue
• Real estate or personal property
• Stocks or securities
• Insurance or retirement plan beneficiary – Saint James Catholic Church or School may be named the beneficiary of a life insurance policy or retirement plan such as an IRA, 401k, or 403b plan

You should always seek the services of an attorney, accountant, or other qualified professional when preparing a will, trust, or estate plan. They will be able to help you determine the gift method that will maximize the benefits for both you and the beneficiary of your gift.