An endowment is a gift of funds to the parish as a source of income for the future. It is a wonderful way to express confidence in the parish and to support it for years to come.
St. Leonard established an Endowment Fund in 1997. The St. Leonard Congregation Endowment Fund has contributed more than $95,000 toward children's education, outreach programs and stewardship since 2008. Investment earnings are allocated while the principal remains intact. The funds are carefully invested by the Catholic Community Foundation. Part of the growth of the fund is distributed annually to support worthy programs which help the parish to fulfill its mission. The principal of the fund is not spent, but remains to provide funds for the future. Currently, the fund is valued at over $110,000.
Individuals, committees, organizations and ministries may apply to the Fund for a grant. To apply, one must meet one or all of these standards:
Support and assist St. Leonard Congregation in its mission.
Support the operation, maintenance, capital requirements and continued existence of St. Leonard Congregation.
Support the development of child and youth programs within St. Leonard Congregation.
The current chairperson of the St. Leonard Endowment Advisory Board is Greg Zwick. The current Board members are: Fr. Dan Janasik, Charlie DuPont, Jodi Staral, Bill Klovas, Dan Boeck, and Paul Lewandowski.