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St. Noel
Parish Endowment Fund is a tax-exempt corporation whose purpose
is to sustain the future needs of St. Noel Parish. Funds generated
from gifts given to the fund will be used exclusively for
the educational, pastoral and social concerns needs of the
parish.
The fund was established in 1997 with a initial gift of $60,000. Through additional gifts and careful investing the original gift continues to grow. As of 2010, funds are held in investment accounts at American Funds.
Each year the Board of the Endowment Fund will determine a
certain percentage of the interest of the fund to be given
for special projects at St. Noel.
Grants given to St. Noel have benefited various programs at St. Noel including "GIFT" (Generations In Faith Together) and Parish Youth Programs.
Bequests can be made to the Endowment Fund under the direction
of a will. A memorial gift can be made in memory of a deceased
loved one. Gifts can be offered in the form of cash or through
appreciated assets which often result in immediate tax deductions.
Currently St. Noel is undertaking a "50 Wills Campaign" to increase the number of people who are remembering St. Noel. in the wills. To learn more about our campaign please click here.
We would be happy to answer any questions you might have concerning
the St. Noel Endowment Fund or the options for contributing
to it. Please call the parish office (440-946-0887) in order
to contact a member of the Endowment Board.
50 Wills Campaign Information
IRA Information
Sample IRA Letter
Types
of Gifts and Information
Endowment Board Members
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