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 Endowment
The San Jose Christian School Endowment fund is a special fund that is separate from the school’s general budget. Its primary function is to provide long-term financial stability for the school. The fund preserves its principal by distributing only the income produced by prudent investment of its assets. Because the principal in the fund remains untouched, gifts given today benefit both today’s children and generations of children in the future by continually producing supporting income for the school’s programs.
A separate board, appointed to oversee its operation, administers the fund. The initial goal of the fund was to establish a principal base of $50,000 before any distributions are made. Subsequently, distributions will be made annually to the school the income produced by the fund’s investments.
It is our belief that supporting Christian education is the responsibility of the whole Christian community; it is not limited just to the parents who send their children to the school. The Endowment Fund provides an excellent way for you to participate in the support of Christian education whether or not you have children attending the school. Your gifts to the fund provide unending, long-term support. Today’s gifts will produce income year after year to support Christian education in the future.
Gifts come to the Fund in a variety of ways. Cash gifts are most obvious and easiest type of contributions to make up the Fund. Some people may choose to give on a regularly scheduled basis; others may choose to give a gift in memory of loved one and others may include the Endowment Fund in their will leaving a portion of their final estate as a legacy for the support of Christian education for future generations. Whatever method you choose, you can be sure that by giving to the endowment fund, you are contributing to the long-term stability and viability of the San Jose Christian School and its programs.
Avenues for giving through estate planning can be discussed with your attorney or by meeting with a member of the Barnabas Foundation. The Barnabas Foundation is a non-profit corporation that helps Christians extend their pattern of faithful lifetime stewardship beyond their life through estate planning for giving.
If you are interested in receiving more information about the Endowment Fund, please call the school office at (408) 371-7741.
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