Saint Ambrose Parish Endowment Fund

Extraordinary Memory…Extraordinary Gift…Leave your legacy today.

“Give to the Most High as he has given to you, generously, according to your means.” – Sirach 35:9

Together, our parish does incredible work for our local community and around the world. We feed, educate and bring the Gospel of Christ to THOUSANDS of people! Our Endowment Fund is one source of funds that gives us the ability to do this.

When you give to the Endowment Fund, you are giving a gift – leaving your legacy, that will allow us to continue this important work for many years to come.

If you have questions or would like to learn more, please reach out today:

Jake Bihari, Parish Life 216.215.5015 or jbihari@stambrose.us 
Father Bob Stec, Pastor  330.460.7300 or frbob@stambrose.us

Endowment Interest

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Over the past several months our parish has hosted informational meetings and sessions on important estate planning decisions. Which of the following would you be interested in learning more about:(Required)

What is the Saint Ambrose Endowment Fund – more information and details:

SA14 Endowment Logo (3)In 2007, the Saint Ambrose Endowment Fund was established as a way of helping our parish secure a strong stable future for our community. The Saint Ambrose Parish Endowment Fund is designed to support Catholic education, outreach and evangelism!

All contributions to the endowment fund stay within Saint Ambrose Parish. Funds generated through an endowment program will provide dependable income and be here to benefit the church and school for generations to come.

The Fund’s purpose is to meet the current, future and general operations and capital needs of our school and parish.

To support Catholic education, this Fund may support diverse needs by distributing scholarships, updating educational equipment or supporting teacher salaries. Parish needs may involve facility and landscape maintenance, repairs and/or upgrades.

The Saint Ambrose Parish Endowment Fund will grow through contributions and:

Direct Gifts

Gifts of cash, stock, bonds or real estate.  These gifts may be made all at once or periodically at the donor’s discretion.

Memorial/Honorary Gifts

This type of gift is made to honor a person’s life or a special event in a person’s life.

Retirement Funds

The donor may name the Saint Ambrose Parish Endowment Fund as a beneficiary or designate a current distribution to receive tax benefits.

Bequests

Bequests are gifts made to the fund through the donor’s will or trust.  The donor simply names the Saint Ambrose Parish Endowment Fund as a beneficiary in the will or trust.

Veronica Becherucci, a parishioner of Saint Ambrose, was known by her family and friends as a “good hearted person.”  She had a love for animals and was passionate about golf and bowling. A few months ago, Veronica entered into eternal life, but left a wonderful gift to keep her legacy alive and show her love for the parish: she left a portion of her estate to Saint Ambrose.

By placing Saint Ambrose Parish in your estate plans, you celebrate and recognize how important this parish has been in your lives. Saint Ambrose has been there to celebrate your joys and comfort you in times of sorrow. An endowment contribution will enable us to continue providing the same love and care for many generations to come.

Celebrate the Baptism, Communion, Confirmation and Marriage of your loved ones by making a donation to the Endowment Fund in their name and helping in continuing the mission of Jesus Christ at Saint Ambrose.

“We wanted to recognize how important this parish has been in our lives.  As lifelong parishioners since 1959, we feel that contributing annually to the endowment fund will help our parish take care of the needs of future families.”William and Joan Thesling

Annual Gifts

You can make an immediate, outright gift or annual pledge of cash, stocks, bonds mutual funds or real estate and receive an immediate charitable tax deduction.

Future Gifts

You can plan for the future by making an estate gift through a bequest in your will, trust or even a simple payable-on-death.

The Endowment Fund operates consistent with the principles, teachings and philosophy of the Roman Catholic Church.  Gifts are received through many avenues including cash, real estate, securities, retirement funds, life insurance policies and tangible personal property. The Fund is not intended to be a repository for weekly collections.

“We wanted to recognize how important this parish has been in our lives.  As lifelong parishioners since 1959, we feel that contributing annually to the endowment fund will help our parish take care of the needs of future families.”William and Joan Thesling