Gehlen Catholic School Endowment Fund

Our most important possession is our Catholic Faith. As our parents did before us, we must pass that Faith on to the next generation. The best way of doing this is with Catholic education. To ensure the future of Catholic education, the Gehlen Catholic School Board of Education established the Gehlen Catholic Schools Endowment Fund in 1987.

What is an Endowment?

An endowment is a fund whose principal is not spent. Only the income from investments is used to support and assist Gehlen. As the fund grows it becomes an important help to Gehlen. It keeps tuition costs down; it lessens the financial burden on parishes, and it assures a Catholic education to every child regardless of financial status.

How is the fund managed?

The Gehlen Catholic Schools Endowment Fund is managed by a separate Board of Trustees whose responsibilities are to solicit money for the fund, to safeguard and invest the funds, and provide Gehlen Catholic with income from the fund. The Endowment Board uses the services of a professional money manager and follows a policy of conservative investments. The Gehlen Catholic Schools Endowment Fund is a legal, tax-exempt entity.

How can I give?

The simplest method is a direct gift of money, real estate, or securities. Another method is revising your will to name Gehlen Catholic Schools Endowment Fundas a recipient of a percentage of your estate. Still another way is to name the Fund as whole or partial beneficiary of a life insurance policy. Another method is a memorial....a gift in memory of a loved one.

We suggest you visit with your tax or legal advisor about these and other methods. In such consultations, you need the name Gehlen Catholic Schools Endowment Fund (Federal Taxpayer I.D. number 42-1301178) to assure your gift keeps on giving. 

In Conclusion

Your gift - an investment in young people - is a lasting treasure and will not be spent. Only the income from your investment is utilized. In other words, your gift continues to give to Catholic Education for generations to come. Regardless of the size of your gift, all contributions help build a sound endowment. Your gift will be commingled with others to provide a strong base for Gehlen Catholic's future. To obtain more information, or to make a contribution-investment, please contact Gehlen Catholic or any member of the Gehlen Catholic Endowment Board. Thank you.

For more information, please contact:

Gehlen Catholic School Endowment Fund Board of Trustees

PO Box 54

Le Mars, IA 51031-0054

Mrs. Lisa Niebuhr, Development Director at 712-546-4181 ext. 237 

Mrs. Christina Kellen, 7-12 Administrative Assistant and Endowment Fund Administrator, at 712-546-4181 ext. 222 

 

Gehlen Catholic School Endowment Fund 2017-2018 Trustees:

Mr. Steve Schuster ('77), Chair

Mr. Bob Bohnenkamp, Vice Chair

Mrs. Kelli (Ruhland, '78) Langel, Secretary/Treasurer

Rev. Bruce A. Lawler, School President

Mr. Michael Ruhland ('76)

Mrs. Angela Kneip

Mr. Kevin Loutsch ('78)

Bishop R. Walker Nickless, Diocese of Sioux City

Rev. Monsignor R. Mark Duchaine, Vicar General of the Diocese of Sioux City

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