Donations directed to the endowment that supports Kearney Catholic High School are supervised by the Kearney Catholic High School Foundation Board of Directors. The principal of the donation made to the endowment is not invaded and only the annual earnings may be dispersed and in accordance with the instructions of the donor.
Some gifts to the endowment are restricted by the donor’s instructions requiring that earnings be used for a specific stated purpose. A restricted endowment fund may be established from which annual earnings support a scholarship or scholarships awarded to students attending Kearney Catholic or a graduating student.
Other gifts to the endowment are made without restriction and the donation is co-mingled with other unrestricted funds for investment purposes. The earnings of unrestricted endowed funds may be distributed by action of the Kearney Catholic High School Foundation Board of Directors to support Kearney Catholic High School. Unrestricted gifts of any value can be made to the endowment.
For more information, please contact the Kearney Catholic High School Foundation office.