Endowment

While the School’s annual and ongoing expenses are largely met by the Annual Fund and tuition, the School’s future depends on our endowment. An endowment is a permanent fund from which only earned income is spent; the principal is invested under the guidance of the Board of Trustees. Funds come to the endowment through gifts designated for that purpose by donors, and through unrestricted gifts that the trustees designate for endowment.

A named endowment fund may be established at any time with a gift of $10,000 or more, and additional gifts may be made to any endowment at any time. Convent of the Sacred Heart’s endowment was $27 million as of May 30, 2008.

The following are the School’s endowment funds:

The Taylor Allen Endowment Fund established in 1999 to support the teaching of English in the Upper School. Established by Victoria Taylor Allen in honor of Eileen O’Gorman, rscj, professor emerita, Manhattanville College.

The St. Madeleine Sophie Barat Endowment Fund established in 2000 to provide unrestricted funds in support of the School’s programs. Established by the proceeds of the Fifth Trustees’ Dinner honoring the Dolce, Heffernan, Finnegan and Coakley families.

The Barat Foundation Endowment established in 2004 to form the student-run foundation to expand the student education on philanthropy, community service and money management.

The Hannah and Ryan Barry Endowment for Lower School Art established in 2007 by Patricia Ryan Barry ’63 and Thomas Barry in memory of their children, Hannah and Ryan.

The Sheila Bolger Becker Endowment for Faculty Development established in 2001 to endow professional development opportunities for faculty. Established by John T. Becker in memory of his wife.

The Bertrand/Glennon Chapel Endowment Fund established in 2003 to provide funds to support the chapel. Established by the proceeds from the Seventh Trustees’ Dinner honoring eight women from the Bertrand and Glennon families.

The Burke/Callagy Fund for Four Generations established in 1992 to provide tuition assistance to relatives of Sacred Heart alumnae who otherwise would be unable to commence or continue a Sacred Heart education. Established by the proceeds from the Second Trustees’ Dinner honoring Regina and Richard Burke, Mollie and John Callagy, Lynn and Robert Callagy and their families.

The Endowment for Community Outreach established in 1995 to support the School’s Community Outreach Program. Established by the proceeds from the Fourth Trustees’ Dinner honoring past chairs of the Board of Trustees and headmistresses of Convent of the Sacred Heart and celebrating the School’s 50 years in Greenwich.

The Community Service/Peace and Justice Endowment Fund established in 1990 to support a variety of community service and outreach programs. Established by past parents Thomas and Norma McGarry. As a member of the faculty of Convent of the Sacred Heart, Norma directed the Community Service Program for 20 years.

The Marcia T. Dealy ’48 Endowment for Books, Science and Technology established in 1994 by Mr. and Mrs. George J. Gillespie, III (Eileen Dealy ’49) in memory of Eileen’s sister, Marcia. Subsequent proceeds from the Sixth Trustees’ Dinner honoring Mr. and Mrs. Gillespie are included.

The Elena de Lasa, rscj Endowment for Financial Aid established in 2006 by Elena Delgado ’73 in memory of her aunt, Elena de Lasa, rscj.

The Comtesse Nathalie d’Esterno Endowment for Excellence in French established in 2003 with a gift in her memory for the La Comtesse Nathalie d’Esterno Prix d’Excellence, presented annually to a senior who demonstrates high proficiency in French, and gives evidence of a love of the French language and culture beyond the classroom.

The Kara DiGiovanna Scholarship Fund established in 1983 to support a scholarship awarded each year to a Middle School student who displays a gift for creative writing, along with an ability to reach out to others, and who demonstrates financial need. Established by Kathleen DiGiovanna and Charles DiGiovanna in memory of their daughter Kara, who was a Sacred Heart student.

The Nora Falk Endowment established in 2007 in memory of Nora Falk, who was a Sacred Heart Middle School student.

The Edward E. Ford Fund for Faculty Development established in 1983 to endow professional development activities for faculty. Established by a matching grant from The Edward E. Ford Foundation and a subsequent matching grant in 1993.

The Edward E. Ford Fund for Global Education and Interfaith Dialogue established in 2007 with funds raised by double matching the Foundation’s challenge grant of $50,000. The endowment supports global education opportunities and interfaith learning activities.

The Edward E. Ford Technology Endowment Fund established in 1999 to support the use of technology to enhance the curriculum in all grades.

The John N. Irwin III Endowment Fund for Music and the Visual Arts established in 2006 honoring Mr. Irwin’s service as chair of the Board of Trustees (2000-06).

The Diane Elizabeth Hall Juan ’72 Endowment Fund established in 2000 in support of a partial scholarship to be awarded each year to a Lower School student. Established by the friends and family of Diane Elizabeth Hall Juan ’72 in her memory.

The Evelyn Kane, rscj Endowed Chair in Science established in 1992 to support the science program throughout the School. Established by Dr. Jasper Kane in honor of his sister, Evelyn Kane, rscj, on the 50th. anniversary of her entrance into the Society of the Sacred Heart.

The Headmistress Joan Magnetti, rscj Financial Aid Endowment Fund established in 2005 in honor of Sr. Magnetti’s 15 years of service as headmistress of Convent of the Sacred Heart.

The Margaret Maher Magnetti Memorial Endowment established in 2003 in memory of Margaret Maher Magnetti to support the happiness of the children.

The Mara Family Endowment for Women’s Athletics established in 1991 to benefit the School’s athletic activities. Established by the proceeds from the First Trustees’ Dinner honoring Ann and Wellington T. Mara and their family.

The Cora E. McLaughlin, rscj ’29 Chapel Endowment Fund established in 2001 in honor of Sr. McLaughlin’s 35 years of dedicated service to Convent of the Sacred Heart, Greenwich.

The Muccia Family Fund for Religion established in 1990 to support the teaching of religion (for example, through student retreats, speakers and workshops). Established by Margo and Carroll Muccia, Jr.

The Mary O’Haver Endowment Fund established in 2003 to provide unrestricted funds in support of the School’s programs. Established by Russ O’Haver in honor of his mother, Mary O’Haver, in recognition of her many years of unselfish work and devotion to the school and church of St. Columbia parish in Oxon Hill, Maryland and her love for her granddaughters, Kirsten and Briana.

The Mary Catherine Olenchuk Endowment Fund established in 1996 to provide tuition assistance for Sacred Heart students who face unexpected financial hardship. Established by the Olenchuk family in memory of Mary Catherine Olenchuk.

The Plunkett Family Endowment for Academic Excellence established in 1993 to support academic programs. Established by the proceeds from the Third Trustees’ Dinner honoring Caryl and William Plunkett, Jr. and their family.

The Vivian Pomex Sabbatical Endowment Fund established in 1997 to support sabbatical leave for senior faculty. Established in memory of Vivian Pomex, an art teacher for 30 years at Sacred Heart.

The Nancy Salisbury, rscj Endowment Fund for Financial Aid established in 2004 in memory of former Sacred Heart Headmistress, Nancy Salisbury, rscj.

The Annette Saraceni Language Arts Endowment established in 2007 to support the language arts program. Established by family and friends in memory of Annette Saraceni, a faculty member for 25 years, at Convent of the Sacred Heart.

The Senior Class Parents’ Gift to Endowment established in 1998 to strengthen the School’s unrestricted endowment. A tradition established by the parents of the Class of 1998 and continued by parents in subsequent classes.

The Rosemary Sheehan, rscj Endowment for Summer Outreach established in 2006 in honor of Sister Sheehan’s more than 40 years of dedicated service to Convent of the Sacred Heart, Greenwich.

The Barbara Boggs Sigmund Endowment for Financial Aid established in 2005 to provide tuition assistance to minority students in need of financial aid. Established by the proceeds from the eighth Trustees’ Dinner, which honored Cokie Roberts, sister of Mrs. Sigmund.

The Elizabeth R. Trumpbour Scholarship Endowment Fund established in 2001 to provide tuition assistance for students needing financial aid to begin, or continue, their Sacred Heart education. Established by Elizabeth Trumpbour Finnerty ’44 in memory of her mother.

For information on how to make a gift to endowment, please contact:

John Kahl, director of development, at
203.532.3326 or kahlj@cshgreenwich.org.

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